NOT LISTED FOR SALE

40 Forrest Place NE Atlanta, GA 30328

Estimated Value: $398,404 - $454,000

3 Beds
2.5 Baths
1,861 Sq Ft
$440/mo HOA Fee

Last Sold October 30, 2020

Last sale price $300,000 $161 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,024/month

32 Days on Market

Highlights

  • City View
  • Contemporary Architecture
  • Wood Flooring
  • Ridgeview Charter School Rated A-
  • Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of October 2020

Location, location, location! This magnificent end-unit condo is in the heart of Sandy Springs. Gorgeous formal living room features a fireside fireplace and a formal dining room. Both are flooded with natural light with a wall of windows. Enjoy relaxing in your private courtyard off living room and main-level owner's suite. Renovated kitchen is open to the family room with views to dining room. Plenty of cabinet space and stainless steel appliances. Two spacious bedrooms upstairs with dual bathroom. Short distance to City Walk restaurants, movies, shopping and more!

Last Agent to Sell the Property

James Jones

NorthGroup Real Estate License #351782 Listed on: 08/21/2020

NorthGroup Real Estate

Last Buyer's Agent

Kim McAfee

Coldwell Banker Realty License #352971

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $330

Year Built

  • Built in 1980

Lot Details

  • No Common Walls
  • Private Entrance
  • Privacy Fence
  • Wooded Lot
  • Front Yard

HOA Fees

  • $440 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,861 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • City Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Parking Accessed On Kitchen Level
  • Assigned Parking

Outdoor Features

  • Courtyard
  • Enclosed Patio or Porch

Location

  • Property is near shops

Schools

  • Lake Forest Elementary School
  • Ridgeview Charter Middle School
  • Riverwood International Charter High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 17 009000050398

Community Details

Overview

  • $500 Initiation Fee
  • 55 Units
  • Forrest Place Assoc Inc. Association, Phone Number (678) 297-9566
  • Secondary HOA Phone (678) 297-9566
  • Forrest Place Subdivision
  • FHA/VA Approved Complex

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$330

Year Built

Built in 1980

Lot Details

0

HOA Fees

$440 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary/Modern
  • Property Condition: Resale
  • Year Built: 1980
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: Bookcases, Entrance Foyer, Walk-In Closet(s), Wet Bar
  • Kitchen Features: Breakfast Bar, Cabinets Other, Solid Surface Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Great Room - 1 Story, Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1861.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • Fencing: Privacy
  • Patio And Porch Features: Enclosed, Patio
  • Exterior Features: Courtyard, Private Front Entry
  • View: City

Garage/Parking

  • Carport or Garage: 2
  • Number of Carport Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Assigned, Attached, Carport, Kitchen Level

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Electric, Forced Air, Zoned
  • Laundry Features: Main Level
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: Other

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Trash, Maintenance Grounds, Reserve Fund, Sewer, Swim/Tennis, Termite, Water
  • Community Features: Homeowners Assoc, Near Shopping, Pool
  • Association Fee: 440
  • Association Fee Frequency: Monthly
  • F H A Condo Approval: Yes
  • Association: Yes
  • Hoa Contact Phone: 678-297-9566
  • Management Company Email: ajasmer@homesideproperties.com
  • Management Phone: 678-297-9566
  • Subdivision Complex: Forrest Place

Association/Amenities

  • Number Of Units In Community: 55
  • Management Company: Forrest Place Assoc Inc.

Schools

  • Elementary School: Lake Forest
  • Middle School: Ridgeview Charter
  • High School: Riverwood International Charter

Lot Info

  • Land/Lot: 90
  • Deed Book: 5965
  • Deed Page: 125
  • Plat Book: 3
  • Plat Page: 85
  • Lot Features: Front Yard, Level, Wooded
  • Parcel Number: 17 009000050398
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 500

Tax Info

  • Taxes: 330.00
  • Assessor Parcel Number: 17-0090-0005-039-8
  • Close Date: 2020-10-30
  • Tax Year: 2018

MLS Schools

  • Elementary School: Lake Forest
  • High School: Riverwood International Charter
  • Middle School: Ridgeview Charter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Oct 30, 2020
Sold by
Giffin Anne Oconnell
Bought by
Rose Lillian Courtney
Seller's Agent
James Jones
NorthGroup Real Estate
Buyer's Agent
Kim McAfee
Coldwell Banker Realty
List Price
$324,000
Sold Price
$300,000
Premium/Discount to List
-$24,000
-7.41%
Current Estimated Value
$418,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,351
Avg. Annual Appreciation
6.98%
Original Mortgage
$270,000
Outstanding Balance
$238,874
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$179,477

Purchase Details

Closed on
Dec 10, 2014
Sold by
Cook Randolph Conrad Estate
Bought by
Giffin Anne Oconnell

Purchase Details

Closed on
Apr 20, 2001
Sold by
Bean Pamela E
Bought by
Cook Conrad

Purchase Details

Closed on
Mar 23, 1993
Sold by
Hargreaves Yuonne S
Bought by
Bean Pamela E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
7.5%
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
Rose Lillian Courtney $300,000 --
Giffin Anne Oconnell $115,000 --
Cook Conrad $229,900 --
Bean Pamela E $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose Lillian Courtney $270,000
Previous Owner Bean Pamela E $77,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $300,000 -7.4% $161 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $324,000 -- $174 / 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 $4,388 $127,720 $20,600 $107,120
2023 $4,015 $142,240 $22,320 $119,920
2022 $3,694 $119,000 $15,800 $103,200
2021 $3,455 $108,440 $16,400 $92,040
2020 $2,829 $100,240 $16,200 $84,040
2019 $2,780 $98,480 $15,920 $82,560
2018 $330 $72,520 $12,520 $60,000
2017 $9 $47,600 $13,320 $34,280
2016 $1,751 $47,600 $13,320 $34,280
2015 $1,751 $47,600 $13,320 $34,280
2014 $2,014 $66,960 $20,920 $46,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6770541

First Multiple Listing Service (FMLS)

APN: 17-0090-0005-039-8