$300,000
SOLD JUN 4, 2025

505 Phillips Dr Palmetto, GA 30268

4 Beds
3 Baths
1,659 Sq Ft
0.58 Acres

Recently Sold

$181 Per Sq Ft

11% Below List Price

76 Days on Market

Highlights

  • RV or Boat Parking
  • Private Lot
  • Ranch Style House
  • Deck
  • Vaulted Ceiling
  • 4-minute walk to Veterans Park

About This Home

As of June 2025

If you are looking or an adorable 4 bedroom 3 full bath bungalow, this home is the perfect home for you. The owners have completed the "To-Do" list for you, all this home needs is its new owner. The interior features freshly painted, newer installed flooring, updated kitchen, split floor plan. The exterior features a double lot which calls for great privacy, storage building, walking distance from the park, playground, and downtown Palmetto. Please call for more details!

Last Agent to Sell the Property

Aimee Williams McBrier

Pathfinder Realty Brokerage Phone: 404-606-7337 License #278834 Listed on: 02/19/2025

Last Buyer's Agent

Juan Limon

BHHS Georgia Properties License #397058

BHHS Georgia Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,708

Year Built

  • Built in 2001

Lot Details

  • 0.58 Acre Lot
  • Private Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Bungalow
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,659 Sq Ft Home
  • Vaulted Ceiling
  • Factory Built Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Laundry closet

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms
  • Double Vanity

Parking

  • 2 Parking Spaces
  • Parking Pad
  • Side or Rear Entrance to Parking
  • RV or Boat Parking

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Patio
  • Outbuilding
  • Porch

Location

  • Property is near shops

Schools

  • Palmetto Elementary School
  • Bear Creek Middle School
  • Creekside High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,708

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • ArchitecturalStyle: Bungalow/Cottage, Ranch
  • Financing Type: FHA
  • GreenEnergyEfficient: Insulation, Thermostat, Doors
  • Levels: One
  • Lot Size Acres: .58
  • Other Sturctures: Outbuilding
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1659
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Oven/Range (Combo), Refrigerator
  • Bedrooms: 4
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: None
  • Total Finished Sq Ft: 1659
  • Above Grade Finished Sq Ft: 1659
  • Interior Amenities: Vaulted Ceiling(s), Double Vanity, Master On Main Level
  • Full Bathrooms: 3
  • Fireplace Features: Family Room, Factory Built
  • Flooring: Hardwood, Laminate
  • Kitchen Features: Breakfast Area, Pantry
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 180.831

Beds/Baths

  • Main Level Full Bathrooms: 3
  • Bedroom Main Level: 4

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • Lot Features: Level, Private
  • Patio And Porch Features: Deck, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Parking Pad, RV/Boat Parking, Side/Rear Entrance
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Central Air
  • Heating: Electric, Central, Heat Pump
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Park, Playground, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Palmetto
  • High School: Creekside
  • High School Bus: Yes
  • Middle School: Bear Creek
  • Middle School Bus: Yes
  • Elementary School: Palmetto
  • Middle School: Bear Creek
  • High School: Creekside

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2024
  • Tax Annual Amount: 1708.47

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2025
Closed on
Jun 4, 2025
Sold by
Coley Brent
Bought by
Sernas Jesus A Cruz
Seller's Agent
Aimee Williams McBrier
Pathfinder Realty
Buyer's Agent
Juan Limon
BHHS Georgia Properties
List Price
$337,500
Sold Price
$300,000
Premium/Discount to List
-$37,500
-11.11%
Views
1702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.63%
Original Mortgage
$294,566
Outstanding Balance
$294,313
Interest Rate
6.76%
Mortgage Type
FHA
Estimated Equity
$3,280

Purchase Details

Closed on
Apr 4, 2018
Sold by
Brown Michael
Bought by
Coley Brent

Purchase Details

Listed on
Feb 14, 2012
Closed on
Apr 26, 2012
Sold by
Federal National Mortgage Association
Bought by
Brown Michael
Seller's Agent
SUZANNE TRAMMELL
NOT A VALID MEMBER
Buyer's Agent
Lisa Jackson
Southern Real Estate Properties
List Price
$59,900
Sold Price
$65,000
Premium/Discount to List
$5,100
8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.13%
Original Mortgage
$66,326
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2011
Sold by
Citimortgage Inc
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Jun 15, 2001
Sold by
Farr George R and Farr Joy H
Bought by
Welchel James Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,250
Interest Rate
7.06%
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 Type Sale Price Title Company
Warranty Deed $300,000 --
Warranty Deed $100,000 --
Warranty Deed $65,000 --
Warranty Deed -- --
Foreclosure Deed $93,696 --
Deed $17,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $294,566 FHA
Previous Owner $97,500 New Conventional
Previous Owner $66,326 New Conventional
Previous Owner $97,300 Stand Alone Second
Previous Owner $96,250 Stand Alone Refi Refinance Of Original Loan
Previous Owner $95,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Sold $300,000 +0.3% $181 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
04/24/2025 04/24/25 Price Changed $299,000 -3.2% $180 / Sq Ft
03/31/2025 03/31/25 Price Changed $309,000 -3.1% $186 / Sq Ft
03/03/2025 03/03/25 Price Changed $319,000 -5.5% $192 / Sq Ft
02/19/2025 02/19/25 For Sale $337,500 +419.2% $203 / Sq Ft
04/26/2012 04/26/12 Sold $65,000 +8.5% $39 / Sq Ft
03/27/2012 03/27/12 Pending -- -- --
02/14/2012 02/14/12 For Sale $59,900 -- $36 / 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 $2,587 $98,640 $17,560 $81,080
2023 $2,587 $97,160 $29,280 $67,880
2022 $1,291 $49,080 $9,840 $39,240
2021 $1,287 $47,440 $7,520 $39,920
2020 $1,303 $46,880 $7,440 $39,440
2019 $1,117 $40,000 $6,320 $33,680
2018 $1,269 $44,960 $7,120 $37,840
2017 $1,206 $41,320 $9,720 $31,600
2016 $1,206 $41,320 $9,720 $31,600
2015 $1,211 $41,320 $9,720 $31,600
2014 $799 $26,080 $6,120 $19,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10462683

Georgia MLS

APN: 07-3611-0068-057-9