NOT LISTED FOR SALE

3883 Lake Forrest Dr NE Atlanta, GA 30342

Chastain Park Neighborhood

Estimated Value: $1,048,000 - $1,135,000

3 Beds
2 Baths
2,419 Sq Ft
$451/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $707,500 $292 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,552/month

Highlights

  • Golf Course Community
  • Community Stables
  • Carriage House
  • Jackson Elementary School Rated A
  • Heated In Ground Pool
  • Deck

About This Home

As of June 2020

Home is where the heart is & location has never been more important! The active Chastain lifestyle is accessible right from your front door with direct sidewalk access to the park. After walking around the park relax in your private enclave by the pool, on the multilevel decks or screened porch overlooking the professionally landscaped private backyard. This charming 1940's three bedroom cottage has been well maintained and updated with detached artist studio with kitchenette, two story vaulted ceiling, 4th bedroom and half bath. Bonus room in basement. Jackson school! Charming spacious cottage offers manageable square footage without any wasted space. Price presents excellent opportunity for Chastain based on recent comps. Move-in, renovate or build new construction on large deep lot. ALL SAFETY PRECAUTIONS TAKEN. MASK AND GLOVES REQUIRED. PLEASE SIGN THE HARRY NORMAN COVID-19 CERTIFICATION FOR PROPERTY SHOWINGS/VISITS PRIOR TO APPT.

Last Agent to Sell the Property

ALLISON SINKLER

Harry Norman Realtors License #267845 Listed on: 04/16/2020

Harry Norman Realtors

Last Buyer's Agent

Brendan Wright

Atlanta Fine Homes Sotheby's International License #344255

Atlanta Fine Homes Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,785

Year Built

  • Built in 1940

Lot Details

  • 0.58 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Corner Lot
  • Level Lot
  • Private Yard
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Carriage House
  • Traditional Architecture
  • Cottage
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,419 Sq Ft Home
  • 1.5-Story Property
  • Ceiling height of 10 feet on the upper level
  • Fireplace Features Masonry
  • Private Rear Entry
  • Entrance Foyer
  • Living Room with Fireplace
  • Home Office
  • Bonus Room
  • Screened Porch
  • Wood Flooring
  • Laundry on lower level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Dishwasher
  • Solid Surface Countertops
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Studio bedroom
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Window or Skylight in Bathroom

Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Pool

  • Heated In Ground Pool
  • Gunite Pool

Schools

  • Jackson - Atlanta Elementary School
  • Willis A. Sutton Middle School
  • North Atlanta High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Additional Features

  • Deck
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number 17 009700020683

Community Details

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Swim Team
  • Community Pool
  • Park
  • Community Stables
  • Trails

Additional Features

  • Chastain Park Subdivision
  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,785

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage, Traditional
  • Property Condition: Resale
  • Year Built: 1940
  • Levels Stories: One and One Half
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Living Room, Masonry
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Refrigerator
  • Interior Amenities: Entrance Foyer, High Ceilings 10 ft Upper, Walk-In Closet(s)
  • Basement: Exterior Entry, Interior Entry, Partial
  • Kitchen Features: Breakfast Bar, Cabinets White, Eat-in Kitchen, Solid Surface Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Living Room, Office, Other
  • Square Footage: 2419.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Oversized Master, Studio
  • Main Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Skylights, Vaulted Ceilings

Exterior Features

  • Other Structures: Carriage House
  • Construction Materials: Frame
  • Roof Type: Composition
  • Fencing: Chain Link, Fenced, Wood
  • Patio And Porch Features: Deck, Rear Porch, Screened
  • Exterior Features: Private Rear Entry, Private Yard
  • Pool Features: Heated, Gunite, In Ground
  • Pool Private: No

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Lower Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: Other

Condo/Co-op/Association

  • Community Features: Golf Course, Near Schools, Near Trails/Greenway, Park, Playground, Pool, Restaurant, Sidewalks, Stable(s), Street Lights, Swim Team, Tennis Court(s)
  • Subdivision Complex: Chastain Park

Schools

  • Elementary School: Jackson - Atlanta
  • Middle School: Willis A. Sutton
  • High School: North Atlanta

Lot Info

  • Acres: 0.5810
  • Lot Features: Back Yard, Corner Lot, Level
  • Parcel Number: 17 009700020683
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 7785.00
  • Assessor Parcel Number: 17-0097-0002-068-3
  • Close Date: 2020-06-29
  • Tax Year: 2019

MLS Schools

  • Elementary School: Jackson - Atlanta
  • High School: North Atlanta
  • Middle School: Willis A. Sutton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2020
Closed on
Jun 29, 2020
Sold by
Pelosi Steven A
Bought by
Downs Christopher and Hetherington Meghan
Seller's Agent
ALLISON SINKLER
Harry Norman Realtors
Buyer's Agent
Brendan Wright
Atlanta Fine Homes Sotheby's International
List Price
$750,000
Sold Price
$707,500
Premium/Discount to List
-$42,500
-5.67%
Current Estimated Value
$1,092,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,640
Avg. Annual Appreciation
7.86%
Original Mortgage
$601,375
Outstanding Balance
$535,631
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$513,539
Source: Public Records

Range of Values:

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Average Value
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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
Downs Christopher $707,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downs Christopher $601,375
Previous Owner Pelosi Steven A $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $707,500 +1.2% $292 / Sq Ft
05/17/2020 05/17/20 Pending -- -- --
05/15/2020 05/15/20 Price Changed $699,000 -6.8% $289 / Sq Ft
04/30/2020 04/30/20 For Sale $750,000 +6.0% $310 / Sq Ft
04/16/2020 04/16/20 Off Market $707,500 -- --
04/16/2020 04/16/20 For Sale $750,000 -- $310 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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
2025 $7,770 $290,800 $139,640 $151,160
2023 $13,501 $290,800 $139,640 $151,160
2022 $11,553 $285,480 $112,920 $172,560
2021 $11,464 $283,000 $122,960 $160,040
2020 $8,655 $292,000 $195,620 $96,380
2019 $497 $380,680 $227,000 $153,680
2018 $8,716 $256,360 $99,240 $157,120
2017 $6,788 $187,200 $74,760 $112,440
2016 $6,782 $187,200 $74,760 $112,440
2015 $7,316 $187,200 $74,760 $112,440
2014 $6,583 $174,080 $69,520 $104,560
Source: Public Records

Agents Affiliated with this Home

  • ALLISON SINKLER

    Seller's Agent in 2020

    ALLISON SINKLER

    Harry Norman Realties

    (404) 259-2093

    5 in this area

    30 Total Sales

    ALLISON SINKLER
    Section Image
  • Brendan Wright

    Buyer's Agent in 2020

    Brendan Wright

    Atlanta Fine Homes Sotheby's International Realty

    (404) 661-4740

    74 Total Sales

    Brendan Wright
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6701982

First Multiple Listing Service (FMLS)

APN: 17-0097-0002-068-3

Georgia Fulton County Atlanta 30342 Chastain Park

3883 Lake Forrest Dr NE, Atlanta, GA

This home is located at 3883 Lake Forrest Dr NE, Atlanta, GA 30342 since 16 April 2020 and is currently estimated at $1,092,140, approximately $451 per square foot. This property was built in 1940. 3883 Lake Forrest Dr NE is a home located in Fulton County with nearby schools including Jackson Elementary School, Sutton Middle School, and North Atlanta High School.

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