NOT LISTED FOR SALE

400 Preston Cove McDonough, GA 30252

Estimated Value: $380,000 - $406,000

3 Beds
2.5 Baths
2,826 Sq Ft
$140/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $170,000 $60 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $2,600/month

26 Days on Market

Highlights

  • Spa
  • Private Lot
  • Cathedral Ceiling
  • Ola High School Rated A-
  • Traditional Architecture
  • Wood Flooring

About This Home

As of September 2017

BANK APPROVED SHORT SALE AT THIS PRICE! GREAT OPPORTUNITY! Great brick home needs a little TLC. Priced to sell, simply needs some carpet and paint and will be like brand new! This home offers large level corner lot with the location just minutes from Ola schools! Vaulted entrance foyer and living room, hardwoods on main, large bed rooms, & 2 car garage. This home comes with a Home Warranty!

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 05/28/2017

Mark Spain Real Estate

Co-Listed By

Eric Wright

Keller Williams North Atlanta License #364825

Last Buyer's Agent

Andrew Quisenberry

NOT A VALID MEMBER License #348827

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,642

Year Built

  • Built in 2001

Lot Details

  • 0.65 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Private Lot
  • Corner Lot
  • Irrigation Equipment

Parking

  • 2 Car Garage
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 2,826 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Attic

  • Attic Fan
  • Permanent Attic Stairs

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Spa
  • Patio

Schools

  • Ola Elementary And Middle School
  • Ola High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Septic Tank
  • High Speed Internet

Community Details

  • The Lakes Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 19
  • Assessor Parcel Number 139B01076000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,642

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2001
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Gas Log, Gas Starter, Living Room
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Gas Range, Microwave
  • Interior Amenities: Cathedral Ceiling(s), Entrance Foyer, High Ceilings 10 ft Lower, High Speed Internet, His and Hers Closets, Permanent Attic Stairs, Walk-In Closet(s)
  • Kitchen Features: Cabinets White, Eat-in Kitchen, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Family Room, Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2826.00
  • Spa Features: Private

Beds/Baths

  • Total Bedrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick 3 Sides
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Patio

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Attic Fan, Central Air
  • Heating: Natural Gas
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Home Warranty: Yes
  • Subdivision Complex: The Lakes

Schools

  • Elementary School: Ola
  • Middle School: Ola
  • High School: Ola

Lot Info

  • Acres: 0.6500
  • Lot: 19
  • Land/Lot: 107
  • Deed Book: 4855
  • Deed Page: 191
  • Lot Features: Corner Lot, Cul-De-Sac, Private
  • Lot Dimensions: .65 Acre
  • Parcel Number: 139B01076000
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat

Tax Info

  • Taxes: 2642.00
  • Assessor Parcel Number: 139B01076000
  • Close Date: 2017-09-22
  • Tax Year: 2015

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Ola
  • High School: Ola
  • Middle School: Ola

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2017
Closed on
Sep 22, 2017
Sold by
Davis Paul R
Bought by
Najarian Capital Llc
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Andrew Quisenberry
NOT A VALID MEMBER
List Price
$170,000
Sold Price
$170,000
Total Days on Market
26
Current Estimated Value
$396,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,940
Avg. Annual Appreciation
11.59%
Original Mortgage
$144,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2002
Sold by
Multi-Specs
Bought by
Davis Paul R and Davis Cynthia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,650
Interest Rate
6.98%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Najarian Capital Llc $170,000 --
Davis Paul R $191,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brewer Randy $183,200
Closed Brewer Randy $159,920
Closed Najarian Capital Llc $144,500
Closed Najarian Capital Llc $144,500
Previous Owner Davis Paul R $157,600
Previous Owner Davis Paul R $19,500
Previous Owner Davis Paul R $152,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2017 09/22/17 Sold $170,000 0.0% $60 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $170,000 0.0% $60 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
05/28/2017 05/28/17 For Sale $170,000 -- $60 / 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
2024 $4,581 $152,200 $18,000 $134,200
2023 $3,849 $140,720 $15,000 $125,720
2022 $3,981 $124,920 $15,000 $109,920
2021 $3,338 $97,720 $15,000 $82,720
2020 $3,117 $88,360 $15,000 $73,360
2019 $3,145 $79,960 $14,473 $65,487
2018 $2,687 $68,000 $9,928 $58,072
2016 $2,574 $72,120 $8,000 $64,120
2015 $2,642 $72,120 $8,000 $64,120
2014 $2,362 $64,440 $8,000 $56,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5855642

First Multiple Listing Service (FMLS)

APN: 139B-01-076-000