Priced over $20,000 under recent appraisal, This Pine Lake oasis, located right in the heart of the community and just down the street from the lake itself, is a perfect candidate for an investor or owner occupant with resources to finish some remodel projects and make improvements. There is definitely work to be done, but opportunities for this much space in Pine Lake don't appear often. Known as a community of artists and for its eclectic and welcoming personality, Pine Lake sits just outside the Atlanta perimeter and is a short and easy commute right into the heart of the city, CDC, Emory, and Decatur. Tons of outdoor character, a huge porch, detached Sauna, as well as a rare, spacious detached garage that offers a potential workshop, studio space, or guest loft round out this home and make it an attractive opportunity to build equity in the Pine Lake community.
Construction Materials: Rough-Sawn Lumber, Wood Siding
Foundation Details: Slab
Lot Features: Private
Patio And Porch Features: Porch
Property Condition: Resale
View: City
Garage/Parking
Parking Features: Garage
Utilities
Cooling: Electric, Central Air
Heating: Natural Gas, Central
Laundry Features: Other
Sewer: Public Sewer
Utilities: Cable Available, Sewer Connected
Water Source: Public
Condo/Co-op/Association
Association: No
Community Features: Clubhouse, Lake, Playground, Stable(s), Walk To Public Transit
Fee Information
Association Fee Includes: None
Schools
Elementary School: Rockbridge
High School: Stone Mountain
High School Bus: No
Middle School: Stone Mountain
Middle School Bus: No
Elementary School: Rockbridge
Middle School: Stone Mountain
High School: Stone Mountain
Lot Info
Deed Book: 26945
Deed Page: 617
Tax Info
Year: 2020
Tax Annual Amount: 4134
MLS Schools
Elementary Bus Line: No
Ownership History
DateNameOwned ForOwner Type
Dec 2021 - PresentWilliams Brian K and Williams Jessica Brooke3 Years and 5 Months
Private Individual
Purchase Details
Listed on
Sep 24, 2021
Closed on
Dec 8, 2021
Sold by
Shirazi Roomina
Bought by
Williams Brian K and Williams Jessica Brooke
Seller's Agent
Scott Crumley
ERA Foster & Bond
Buyer's Agent
Jeremy Trimmer
Keller Williams Realty
List Price
$305,000
Sold Price
$275,000
Premium/Discount to List
-$30,000
-9.84%
Total Days on Market
45
Current Estimated Value
$333,242
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,242
Avg. Annual Appreciation
5.80%
Original Mortgage
$220,000
Outstanding Balance
$204,090
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$129,152
May 2018 - Dec 2021Shirazi Rommina S3 Years and 7 Months
Private Individual
Purchase Details
Closed on
May 14, 2018
Sold by
Smith Sean K
Bought by
Shirazi Rommina S
Dec 2012 - May 2018Smith Sean5 Years and 5 Months
Private Individual
Purchase Details
Listed on
Oct 31, 2012
Closed on
Dec 21, 2012
Sold by
Federal National Mortgage Association
Bought by
Smith Sean
Seller's Agent
RICK HALE
Keller Wms Re Atl Midtown
Buyer's Agent
anwar syed
NOT A VALID MEMBER
List Price
$48,500
Sold Price
$43,000
Premium/Discount to List
-$5,500
-11.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.99%
Mar 2011 - Dec 2012Federal Natl Mtg Assn Fnma1 Year and 9 Months
Private Individual
Purchase Details
Closed on
Mar 1, 2011
Sold by
Wells Fargo Bk Na
Bought by
Federal Natl Mtg Assn Fnma
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax 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.
This home is located at 487 Magnolia Dr, Pine Lake, GA 30072 since 24 September 2021 and is currently estimated at $333,242, approximately $181 per square foot. This property was built in 1985. 487 Magnolia Dr is a home located in DeKalb County with nearby schools including Rockbridge Elementary School, Stone Mountain Middle School, and Stone Mountain High School.
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