NOT LISTED FOR SALE

5005 Promenade Dr SW Atlanta, GA 30331

Estimated Value: $291,000 - $305,591

3 Beds
2.5 Baths
2,003 Sq Ft
$150/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $260,000 $130 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,973/month

30 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Breakfast Area or Nook
  • Dining Room Seats More Than Twelve
  • Home Office
  • Walk-In Closet

About This Home

As of February 2023

Excellent opportunity to own a 3 Bedroom, 2.5 Bath home in Atlanta 30331. Hardwood floors throughout the main floor, large kitchen area that opens up to the family room. The dining room has access to the kitchen and there's another large room you can make your living room, an office, or a den. 3 bedrooms upstairs including an oversized master bedroom with a sitting area. This home is in the Promenade Oaks subdivision. Located just outside the perimeter and less than 18 minutes to the airport, 13 minutes to Six Flags, and plenty of shopping and entertainment nearby. Come and make this one your own!

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 01/04/2023

Mark Spain Real Estate

Co-Listed By

Ryan Stewart

Mark Spain Real Estate License #393821

Last Buyer's Agent

Evan Fletcher

1 Look Real Estate License #410940

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,594

Year Built

  • Built in 1996

Lot Details

  • 0.41 Acre Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 2,003 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Home Office
  • Fire and Smoke Detector
  • Laundry in Hall

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Community Details

  • Promenade Oaks Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,594

Year Built

Built in 1996

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • ArchitecturalStyle: Colonial, Traditional
  • Main Level Half Bathrooms: 1
  • Co List Office: TECH01
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .41
  • Property Sub-Type: Single Family Residence
  • Structure Type: Other
  • Total Finished Area2: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Bedrooms: 3
  • Dining Room Features: Seats 12+
  • Basement: None
  • Total Finished Sq Ft: 2003
  • Above Grade Finished Sq Ft: 2003
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Gas Starter
  • Flooring: Hardwood, Carpet, Vinyl
  • Kitchen Features: Breakfast Area
  • Price Per Square Foot: 137.294

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Other
  • Foundation Details: Slab
  • Lot Features: Other
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Parking Features: Attached, Garage
  • ParkingTotal: 2

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Heat Pump
  • Laundry Features: In Hall
  • Security Features: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 200
  • Association: Yes
  • Community Features: None

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Other
  • High School: Other
  • High School Bus: Yes
  • Middle School: Other
  • Middle School Bus: Yes
  • Elementary School: Other
  • Middle School: Other
  • High School: Other

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1594

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2023
Closed on
Feb 24, 2023
Sold by
Murphy Shayne W
Bought by
Khatib Muhtez Riyad
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Evan Fletcher
1 Look Real Estate
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%
Views
204
Current Estimated Value
$299,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,986
Avg. Annual Appreciation
6.49%
Original Mortgage
$247,000
Outstanding Balance
$239,800
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$63,880

Purchase Details

Closed on
Jul 17, 2000
Sold by
Pembroke John M and Pembroke Monica L
Bought by
Burston Donae M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,350
Interest Rate
8.3%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Khatib Muhtez Riyad $260,000 --
Burston Donae M $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khatib Muhtez Riyad $247,000
Previous Owner Murphy Shayne W $172,800
Previous Owner Burston Donae M $157,500
Previous Owner Burston Donae M $158,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $260,000 -5.5% $130 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $275,000 0.0% $137 / Sq Ft
01/13/2023 01/13/23 For Sale $275,000 0.0% $137 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
01/09/2023 01/09/23 Pending -- -- --
01/04/2023 01/04/23 For Sale $275,000 -- $137 / 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
2025 $3,852 $98,240 $24,400 $73,840
2023 $2,823 $100,000 $20,960 $79,040
2022 $1,624 $100,000 $20,960 $79,040
2021 $1,594 $79,360 $14,200 $65,160
2020 $1,471 $65,080 $10,080 $55,000
2019 $1,592 $56,400 $9,560 $46,840
2018 $1,502 $55,040 $9,320 $45,720
2017 $1,241 $47,520 $7,400 $40,120
2016 $1,239 $47,520 $7,400 $40,120
2015 $1,243 $47,520 $7,400 $40,120
2014 $841 $37,240 $5,600 $31,640
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 10116421

Georgia MLS

APN: 14F-0078-LL-060-7