$161,000
SOLD OCT 30, 2024

502 Bridge Ln SE Smyrna, GA 30082

2 Beds
2.5 Baths
2,024 Sq Ft
$23/mo HOA Fee

Recently Sold

$80 Per Sq Ft

28% Below List Price

37 Days on Market

Highlights

  • Very Popular Property
  • Clubhouse
  • Ceiling Fan
  • King Springs Elementary School Rated A
  • 1 Fireplace

About This Home

As of October 2024

The property is back on the market through no fault of the seller. The price has been adjusted. THE PROPERTY SOLD AS IS. An Investor must have. This condominium needs some TLC to be restored to its GLORY! Located in the established condominium community of The Bridge at Mill Pond in Smyrna, Cobb County. The Bridge has community association covenants. Minutes away from the East-West Connector/South Cobb Drive corridor south and the Concord/South Cobb corridor north. Both areas have a major grocery chain and plenty of restaurants and shops. CASH OFFERS ACCEPTED.

Last Agent to Sell the Property

Alisa Y Jackson

Keller Williams West Atlanta Brokerage Phone: 1404545215 License #438349 Listed on: 09/05/2024

Keller Williams West Atlanta

Last Buyer's Agent

Felicia Hawkins

1st Class Real Estate Premier License #437766

1st Class Real Estate Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,300

Year Built

  • Built in 1985

HOA Fees

  • $23 Monthly HOA Fees

Home Design

  • Fixer Upper
  • Stucco

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • <<microwave>>

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • King Springs Elementary School
  • Griffin Middle School
  • Campbell High School

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 457480481

Community Details

Overview

  • Association fees include ground maintenance, pest control, trash, maintenance exterior
  • The Bridge At Mill Pond Subdivision

Amenities

  • Clubhouse
  • No Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,300

Year Built

Built in 1985

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Property Type: Residential
  • District: 17
  • Year Built: 1985
  • ArchitecturalStyle: Other
  • Main Level Half Bathrooms: 1
  • Financing Type: Cash
  • Levels: Three Or More
  • Lot Size Acres: .12
  • Property Sub-Type: Condominium
  • Structure Type: Other
  • Total Finished Area2: 2024
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Washer, Dryer
  • Bedrooms: 2
  • Basement: None
  • Below Grade Finished Sq Ft: 600
  • Total Finished Sq Ft: 1424
  • Above Grade Finished Sq Ft: 1424
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Other
  • Price Per Square Foot: 79.5454

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Stucco
  • Lot Features: None
  • Property Condition: Fixer
  • Roof: Other

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: None
  • Laundry Features: None
  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 276
  • Association: Yes
  • Community Features: Clubhouse

Fee Information

  • Association Fee Includes: Maintenance Grounds, Pest Control, Trash, Maintenance Exterior

Schools

  • Elementary School: King Springs
  • High School: Campbell
  • Middle School: Griffin
  • Elementary School: King Springs
  • Middle School: Griffin
  • High School: Campbell

Lot Info

  • Land Lot: 457480481

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1300

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Oct 30, 2024
Sold by
Ford Cheryl D
Bought by
Resilience Business Capital Llc
Seller's Agent
Alisa Y Jackson
Keller Williams West Atlanta
Buyer's Agent
Felicia Hawkins
1st Class Real Estate Premier
List Price
$225,000
Sold Price
$161,000
Premium/Discount to List
-$64,000
-28.44%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.68%

Purchase Details

Closed on
Jul 27, 1993
Sold by
Williams Charles W
Bought by
Young Loretta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,450
Interest Rate
7.34%
Mortgage Type
FHA
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 Type Sale Price Title Company
Special Warranty Deed $161,000 None Listed On Document
Deed $61,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $105,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $58,450 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2025 07/06/25 Pending -- -- --
06/29/2025 06/29/25 For Sale $309,000 +91.9% $153 / Sq Ft
10/30/2024 10/30/24 Sold $161,000 -8.0% $80 / Sq Ft
10/12/2024 10/12/24 Pending -- -- --
09/23/2024 09/23/24 Price Changed $175,000 -22.2% $86 / Sq Ft
09/05/2024 09/05/24 For Sale $225,000 -- $111 / 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
2024 $2,022 $95,504 $32,000 $63,504
2023 $1,300 $83,032 $32,000 $51,032
2022 $1,736 $79,496 $8,800 $70,696
2021 $1,437 $63,204 $8,800 $54,404
2020 $1,197 $53,488 $8,800 $44,688
2019 $1,197 $53,488 $8,800 $44,688
2018 $973 $45,336 $6,000 $39,336
2017 $913 $45,336 $6,000 $39,336
2016 $651 $35,136 $6,000 $29,136
2015 $408 $25,324 $2,000 $23,324
2014 $216 $17,944 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10366403

Georgia MLS

APN: 17-0480-0-025-0