NOT LISTED FOR SALE

Estimated Value: $229,000 - $282,000

3 Beds
2 Baths
1,476 Sq Ft
$175/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $245,900 $167 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,688/month

3 Days on Market

Highlights

  • Private Lot
  • High Ceiling
  • 1-Story Property
  • Wood Flooring
  • Breakfast Bar
  • Central Heating and Cooling System

About This Home

As of June 2021

Southeast of the city, on a typically green little side street near the base of Arabia Mountain, is 3704 Salem Trail, a quintessential 1,500-square-foot, 3/2, late-century ranch (that’s been completely remodeled from head to toe). The two-car garage leads to a traditional small-family format, upgraded with hardwood floors and a clean color palette throughout. The common area — living room, kitchen, dining area — maintains a healthy sense of flow for entertaining, while being easy-going for nights in. The kitchen, in particular, received a lot of love during the renovation, with the clean lines, new appliances, custom cabinetry, and stone tops that make it a functional, natural hang-out space. The primary bed and ensuite make getting ready in the morning a breeze. One of the two additional bedrooms could easily be converted to a home-office-with-a-daybed type of setup: handy, depending on how much longer you’ll be living on Zoom. A second full bath rounds out the space. Great spot for animals, by the way. Super quiet streets and weekend hikes at Arabia Mountain aside, the backyard is fully fenced and dog-ready, so it can do its thing while you’re still nursing your first coffee. We see 3704 Salem Trail ending up with a buyer who’s solidly thinking about the not-too-distant future. A super-flexible space that is easy to grow into, and, with the increasing popularity of properties in this region of the OTP, not a bad investment, either. 3704 Salem Trail is unique among its competitors. You could not get a better design for your long-term use. The friendly price is well under what you'd pay for new construction, similar square footage with close-in access to both I-20 and I-285 for easy commute. If you're a ready-to-act buyer, get to this home right away. Because prices are sure to climb this spring and securing a home of this caliber under $250,000 will soon be an impossible task. Exclusively represented by Joshua Keen of the Keen Team.

Last Listed By

Joshua Keen

Keller Williams Realty License #267264 Listed on: 05/15/2021

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,988

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 0.4 Acre Lot
  • Private Lot
  • Sloped Lot

Parking

  • Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • High Ceiling
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry in Garage

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Murphy Candler Elementary School
  • Salem Middle School
  • Lithonia High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Old Salem Woods Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,988

Year Built

Built in 1972 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 80
  • Year Built: 1972
  • Financing Type: FHA
  • Levels: One
  • Lot Size Acres: .40
  • Property Sub-Type: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range (Combo), Refrigerator
  • Bedrooms: 3
  • Basement: Crawl Space
  • Interior Amenities: High Ceilings
  • Full Bathrooms: 2
  • Flooring: Hardwood
  • Kitchen Features: Breakfast Bar

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Lot Features: Private, Sloped
  • Property Condition: Updated/Remodeled, Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Electric, Central Air
  • Heating: Natural Gas, Central
  • Laundry Features: In Garage, Other
  • Security Features: Smoke Detector(s)
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Murphy Candler
  • High School: Lithonia
  • Middle School: Salem
  • Elementary School: Murphy Candler
  • Middle School: Salem
  • High School: Lithonia

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1988

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Jun 11, 2021
Sold by
Ellis Retail Acquisitions Llc
Bought by
Ware Ashley
Seller's Agent
Joshua Keen
Keller Williams Realty
Buyer's Agent
Marcia Coleman
eXp Realty
List Price
$239,900
Sold Price
$245,900
Premium/Discount to List
$6,000
2.5%
Total Days on Market
3
Current Estimated Value
$257,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,788
Avg. Annual Appreciation
1.34%
Original Mortgage
$235,653
Outstanding Balance
$216,580
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$42,494

Purchase Details

Closed on
Jun 18, 2019
Sold by
1989 Pape Clement Llc
Bought by
Ellis Retail Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,340
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2019
Sold by
Barnes Jean
Bought by
Waytt Grp Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,340
Interest Rate
4%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ware Ashley $245,900 --
Ellis Retail Acquisitions Llc $92,500 --
Waytt Grp Corp $75,000 --
1989 Pape Clement Llc $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ware Ashley $235,653
Closed Ware Ashley N $235,653
Previous Owner Ellis Retail Acquisitions Llc $112,340
Previous Owner 1989 Pape Clement Llc $81,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $245,900 +2.5% $167 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/15/2021 05/15/21 For Sale $239,900 -- $163 / Sq Ft
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,032 $48,480 $5,818 $42,662
2022 $2,326 $48,480 $5,818 $42,662
2021 $2,004 $48,480 $5,720 $42,760
2020 $1,988 $37,000 $5,720 $31,280
2019 $1,905 $35,360 $5,720 $29,640
2018 $1,478 $24,720 $5,720 $19,000
2017 $1,365 $22,960 $5,720 $17,240
2016 $1,505 $26,080 $5,720 $20,360
2014 -- $15,640 $5,760 $9,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 8978982

Georgia MLS

APN: 16-052-04-016