NOT LISTED FOR SALE

505 Spruce Dr Pine Lake, GA 30072

Estimated Value: $341,048 - $407,000

3 Beds
2.5 Baths
1,800 Sq Ft
$214/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $275,000 $153 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,575/month

2 Days on Market

Highlights

  • Lake Front
  • Home fronts a creek
  • Separate his and hers bathrooms
  • Community Boat Dock
  • Fishing
  • 5-minute walk to Pine Lake Beach and Playground

About This Home

As of March 2020

Welcome Home to this well-maintained NEWER Construction Home in the Creative Enclave of sought-after Pine Lake! Brimming with Character and Charm, this eclectic community is a HIDDEN Gem and is just minutes from Decatur Square and a close-in commute to Emory and the CDC. Voted safest place to live in Metro Atlanta, this Beautiful 3BR/2.5BA Home w/ unfinished basement, has ALL the Indoor and Outdoor space you need! Brand new roof! Relax and listen to the Tranquil running stream on one of your 2 Spacious Rear Decks, or take a stroll down the street to the Breathtaking 12 Acre Lake, complete with Beach, Beachhouse and tons of Green space and Walking Trails. NO HOA!! Hurry up, this Gem WON’T LAST!!!!

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 02/27/2020

Mark Spain Real Estate

Co-Listed By

Holly Mahaffey

Mark Spain Real Estate License #391201

Last Buyer's Agent

Gina Backhaus

Keller Williams Realty Metro Atlanta License #374569

Keller Williams Realty Metro Atlanta

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,126

Year Built

  • Built in 2002

Lot Details

  • 4,356 Sq Ft Lot
  • Home fronts a creek
  • Lake Front
  • Property fronts a private road
  • Private Entrance
  • Private Lot
  • Wooded Lot
  • Back Yard

Parking

  • Driveway Level

Home Design

  • Bungalow
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Fireplace Features Masonry
  • Private Rear Entry
  • Great Room with Fireplace
  • Family Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Computer Room
  • Workshop
  • Home Gym
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Laminate Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Oversized primary bedroom
  • Dual Closets
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry in Hall
  • Laundry on upper level

Unfinished Basement

  • Stubbed For A Bathroom
  • Natural lighting in basement

Outdoor Features

  • Creek On Lot
  • Balcony

Schools

  • Rock Chapel Elementary School
  • Stone Mountain Middle School
  • Stone Mountain High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 18-041 -08-267

Community Details

Overview

  • Pine Lake Subdivision
  • Community Lake

Recreation

  • Community Boat Dock
  • Community Playground
  • Fishing
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,126

Year Built

Built in 2002

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Condition: Resale
  • Year Built: 2002
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Fireplace Features: Great Room, Masonry
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven
  • Interior Amenities: High Ceilings 9 ft Main, Double Vanity, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Unfinished
  • Kitchen Features: Breakfast Room, Cabinets White, Laminate Counters, Eat-in Kitchen, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Computer Room, Exercise Room, Family Room, Living Room, Office, Workshop
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1800.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Oversized Master
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate His/Hers

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Shingle
  • Exterior Features: Private Front Entry, Private Rear Entry, Balcony
  • View: Lake

Garage/Parking

  • Parking Features: Driveway, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric
  • Laundry Features: In Hall, Upper Floor
  • Electric: None

Condo/Co-op/Association

  • Community Features: Community Dock, Fishing, Lake, Near Trails/Greenway, Playground
  • Subdivision Complex: Pine Lake

Lot Info

  • Acres: 0.1000
  • Lot Features: Back Yard, Creek On Lot, Private, Wooded
  • Parcel Number: 18-041 -08-267
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 4126.00
  • Tax Year: 2018

Multi Family

  • Waterfront Features: Creek, Lake

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Rock Chapel
  • High School: Stone Mountain
  • Middle School: Stone Mountain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Mar 20, 2020
Sold by
Morgan Candice L
Bought by
Wade Alexandra and Covington Truman
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Gina Backhaus
Keller Williams Realty Metro Atlanta
List Price
$270,000
Sold Price
$275,000
Premium/Discount to List
$5,000
1.85%
Current Estimated Value
$384,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,512
Avg. Annual Appreciation
5.77%
Original Mortgage
$245,000
Outstanding Balance
$215,146
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$169,366

Purchase Details

Closed on
May 12, 2003
Sold by
Dhh Enterprises Inc
Bought by
Sechman Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
5.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Wade Alexandra $275,000 --
Sechman Ronald J $183,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wade Alexandra $245,000
Previous Owner Sechman Ronald J $151,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2020 03/20/20 Sold $275,000 +1.9% $153 / Sq Ft
02/29/2020 02/29/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $270,000 -- $150 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $6,890 $153,120 $20,240 $132,880
2024 $6,485 $142,480 $20,240 $122,240
2023 $6,485 $141,640 $20,240 $121,400
Source: Public Records

Agents Affiliated with this Home

  • Mark Spain

    Seller's Agent in 2020

    Mark Spain

    Mark Spain

    (678) 537-8980

    129 in this area

    9,713 Total Sales

    Mark Spain
    Section Image
  • Holly Mahaffey

    Seller Co-Listing Agent in 2020

    Holly Mahaffey

    Mark Spain

    (678) 982-3995

    2 in this area

    112 Total Sales

    Holly Mahaffey
    Section Image

  • G

    Buyer's Agent in 2020

    Gina Backhaus

    Keller Williams Realty Metro Atlanta

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6686761

First Multiple Listing Service (FMLS)

APN: 18-041-08-267

Georgia DeKalb County Pine Lake 30072

505 Spruce Dr, Pine Lake, GA

Not Listed for Sale

Detached

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