NOT LISTED FOR SALE

505 Mount Park Dr Unit 505 Powder Springs, GA 30127

West Cobb Neighborhood

Estimated Value: $409,000 - $451,000

3 Beds
2 Baths
1,923 Sq Ft
$320/mo HOA Fee

Last Sold July 02, 2018

Last sale price $290,000 $151 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,674/month

83 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Oversized primary bedroom
  • Kemp Elementary School Rated A
  • Clubhouse
  • 1-minute walk to Lost Mountain Park

About This Home

As of July 2018

Upscale 3 Bdrm, 2 Bath one-level home. Elegant entry leads to Fml Dining w/Coffered ceiling! Nicely appointed Kitchen w/granite open to Brkfst, Sunroom, & Great Rm w/fireplace! Expansive Mstr features updated Mstr Bath w/dbl vanities, Frameless walk-in shower, Heated floors & custom walk-in closet. 2 Lg Guest Bdrms w/full Bath. Sunroom leads to peaceful Screened Porch. Hdwd Flrs thruout. Unbelievable ceiling height! 2 car garage w/great storage. Newer HVAC & Water Heater. Clubhouse w/Workout Rm & Swimming Pool! Conv to Lost Mtn Park, shopping, dining, & great neighbors!

Last Agent to Sell the Property

Scott McDaniel

Atlanta Communities License #241155 Listed on: 03/05/2018

Atlanta Communities

Co-Listed By

Jim McCollum

Atlanta Communities License #241153

Last Buyer's Agent

Susan Bryja

Harry Norman Realtors License #295076

Harry Norman Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,031

Year Built

  • Built in 2004

Lot Details

  • Private Entrance
  • Landscaped

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Patio Home
  • Garden Home
  • Ridge Vents on the Roof
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,923 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 10 feet on the main level
  • Factory Built Fireplace
  • Private Rear Entry
  • Family Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Screened Porch
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Home Security

  • Security System Owned
  • Security Gate

Schools

  • Kemp - Cobb Elementary School
  • Lovinggood Middle School
  • Hillgrove High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Energy-Efficient Thermostat

Listing and Financial Details

  • Assessor Parcel Number 19006500440

Community Details

Overview

  • $640 Initiation Fee
  • 31 Units
  • Fieldstone Mgmt Association, Phone Number (404) 920-8621
  • The Park At Lost Mountain Subdivision
  • Rental Restrictions

Recreation

  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,031

Year Built

Built in 2004

Lot Details

0

HOA Fees

$320 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Garden (1 Level), Patio Home, Traditional
  • Property Condition: Resale
  • Year Built: 2004
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity, High Ceilings 10 ft Main, High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Solid Surface Counters, Stone Counters, View to Family Room
  • Additional Rooms: Sun Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1923.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Oversized Master
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Shower Only

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition, Ridge Vents
  • Patio And Porch Features: Covered, Enclosed, Screened
  • Exterior Features: Private Front Entry, Private Rear Entry

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Security: Security Gate, Security System Owned
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Laundry Room
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Fitness Center, Gated, Homeowners Assoc, Near Trails/Greenway, Pool
  • Association Fee: 320
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Monthly
  • Association: Yes
  • Hoa Contact Phone: 404-920-8621
  • Management Company Email: kevonoliver@fieldstone.com
  • Management Phone: 404-920-8621
  • Subdivision Complex: The Park At Lost Mountain

Association/Amenities

  • Number Of Units In Community: 31
  • Management Company: Fieldstone Mgmt

Lot Info

  • Section G M D: 2nd
  • Plat Book: 10
  • Plat Page: 74-75
  • Lot Features: Landscaped
  • Parcel Number: 19006500440
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Thermostat

Rental Info

  • Initiation Fee: 640

Tax Info

  • Taxes: 1031.00
  • Tax Year: 2017

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Kemp - Cobb
  • High School: Hillgrove
  • Middle School: Lovinggood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
Jul 2, 2018
Sold by
Hull George R
Bought by
Wells Edward W and Wells Theresa C
Seller's Agent
Scott McDaniel
Atlanta Communities
Buyer's Agent
Susan Bryja
Harry Norman Realtors
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%
Current Estimated Value
$427,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,342
Avg. Annual Appreciation
5.43%
Original Mortgage
$275,500
Outstanding Balance
$238,261
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$189,081

Purchase Details

Closed on
Jan 24, 2018
Sold by
Mihelich Donna L
Bought by
Hull George R and Hull Gwendolyn L

Purchase Details

Closed on
Apr 20, 2006
Sold by
Redd Chales T and Redd Andrew P
Bought by
Mihelich John L and Mihelich Donna L
Source: Public Records

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
Wells Edward W $290,000 --
Hull George R $312,000 --
Mihelich John L $296,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Edward W $275,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2018 07/02/18 Sold $290,000 -3.3% $151 / Sq Ft
05/27/2018 05/27/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $299,900 0.0% $156 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
04/25/2018 04/25/18 Price Changed $299,900 -3.2% $156 / Sq Ft
04/02/2018 04/02/18 Price Changed $309,900 -1.6% $161 / Sq Ft
03/05/2018 03/05/18 For Sale $314,900 -- $164 / 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 $1,346 $164,128 $32,000 $132,128
2024 $1,265 $135,744 $27,200 $108,544
2023 $1,059 $135,744 $27,200 $108,544
2022 $1,204 $115,444 $27,200 $88,244
2021 $1,204 $115,444 $27,200 $88,244
2020 $1,204 $115,444 $27,200 $88,244
2019 $1,192 $111,532 $27,200 $84,332
2018 $1,192 $111,532 $27,200 $84,332
2017 $1,031 $111,532 $27,200 $84,332
2016 $1,032 $111,532 $27,200 $84,332
2015 $871 $89,600 $27,200 $62,400
2014 $886 $89,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott McDaniel

    Seller's Agent in 2018

    Scott McDaniel

    Atlanta Communities

    (770) 265-1917

    7 in this area

    55 Total Sales

    Scott McDaniel
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Jim McCollum

    Atlanta Communities

    (770) 240-2004

    4 in this area

    46 Total Sales

    Jim McCollum
    Section Image
  • Susan Bryja

    Buyer's Agent in 2018

    Susan Bryja

    Harry Norman Realties

    (770) 363-8733

    2 in this area

    39 Total Sales

    Susan Bryja
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5973619

First Multiple Listing Service (FMLS)

APN: 19-0065-0-044-0

Georgia Cobb County Powder Springs 30127 West Cobb

505 Mount Park Dr Unit 505, Powder Springs, GA

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