NOT LISTED FOR SALE

506 Mcwilliams Rd SE Atlanta, GA 30315

Lakewood Neighborhood

Estimated Value: $294,995 - $349,000

4 Beds
3 Baths
1,750 Sq Ft
$185/Sq Ft Est. Value

Last Sold April 13, 2021

Last sale price $184,000 $105 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,103/month

Highlights

  • Golf Course Community
  • Golf Course View
  • Main Floor Primary Bedroom
  • Open-Concept Dining Room
  • Traditional Architecture
  • Covered Patio or Porch

About This Home

As of April 2021

Amazing investment property 10 min from downtown and the airport 15 mins from East Atlanta Village for convenient shopping and restaurants. This home is perfect for a first-time investor. Previously part of a rental portfolio, perfect for a value-add flip. New Houses ($350,000) being built across the street.

Last Agent to Sell the Property

Thomas Clarke

Thomas M Clarke License #127323 Listed on: 02/26/2021

Last Buyer's Agent

raymond edems

First United Realty, Inc. License #284294

First United Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $490

Year Built

  • Built in 2007

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 70 x 311
  • Property fronts a state road
  • Back and Front Yard

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,750 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Family Room
  • Open-Concept Dining Room
  • Carpet
  • Golf Course Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • John Wesley Dobbs Elementary School
  • Crawford Long Middle School
  • South Atlanta High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • 110 Volts
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Approach with Ramp
  • Covered Patio or Porch
  • Property is near shops

Listing and Financial Details

  • Tax Lot 21770
  • Assessor Parcel Number 14 003800010022

Community Details

Overview

  • Lakewood Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$490

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Fixer Upper
  • Year Built: 2007
  • Accessibility Features: Accessible Approach with Ramp
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Basement: Crawl Space
  • Kitchen Features: Eat-in Kitchen, Laminate Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Open Concept
  • Square Footage: 1750.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Soaking Tub

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Shingle
  • Patio And Porch Features: Covered, Front Porch
  • View: Golf Course
  • Foundation: Block

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • Community Features: Golf Course, Near Shopping
  • Subdivision Complex: Lakewood

Lot Info

  • Acres: 0.4990
  • Lot: 21770
  • Lot Features: Back Yard, Front Yard
  • Lot Dimensions: 70 x 311
  • Parcel Number: 14 003800010022
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 490.00
  • Tax Year: 2019

MLS Schools

  • Elementary School: John Wesley Dobbs
  • High School: South Atlanta
  • Middle School: Crawford Long

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Apr 14, 2021
Sold by
Kidder Properties Llc
Bought by
Orangeblue Realty Grp Llc
Seller's Agent
Thomas Clarke
Thomas M Clarke
Buyer's Agent
raymond edems
First United Realty, Inc.
List Price
$184,000
Sold Price
$184,000
Current Estimated Value
$323,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,999
Avg. Annual Appreciation
13.24%
Original Mortgage
$195,750
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 18, 2010
Sold by
Selene Rmof Reo Acquisition Ii
Bought by
Kidder Properties Llc

Purchase Details

Closed on
Dec 21, 2009
Sold by
Taylor Bean & Whitaker Mtg
Bought by
Selene Rmof Reo Acquisition Ii

Purchase Details

Closed on
Apr 1, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Taylor Bean & Whitaker Mtg Cor

Purchase Details

Closed on
Jul 1, 2008
Sold by
Taylor Bean & Whitaker Mtg Cor
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 27, 2007
Sold by
Johnson Alvin
Bought by
Murray Makesha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2007
Sold by
Johnson Alvin
Bought by
Hawkins Chris

Purchase Details

Closed on
Apr 29, 2004
Sold by
Causwell Duane
Bought by
Johnson Alvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
5.35%

Purchase Details

Closed on
Jun 2, 2003
Sold by
Thompson Charles F
Bought by
Miller Chaz

Purchase Details

Closed on
Aug 15, 2001
Sold by
Meeler John W and Meeler John W
Bought by
Jacobs Donald

Purchase Details

Closed on
Jul 11, 2001
Sold by
Meeler Johnnie R
Bought by
Meeler John W and Meeler John W
Source: Public Records

Range of Values:

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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
Orangeblue Realty Grp Llc $184,000 --
Kidder Properties Llc $36,100 --
Selene Rmof Reo Acquisition Ii -- --
Taylor Bean & Whitaker Mtg Cor -- --
Federal Home Loan Mortgage Corporation -- --
Taylor Bean & Whitaker Mtg Cor $222,621 --
Murray Makesha $300,000 --
Hawkins Chris -- --
Johnson Alvin $80,000 --
Causwell Duane $80,000 --
Miller Chaz $31,000 --
Jacobs Donald $50,000 --
Meeler John W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Orangeblue Realty Grp Llc $195,750
Previous Owner Murray Makesha $240,000
Previous Owner Causwell Duane $77,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2021 04/13/21 Sold $184,000 0.0% $105 / Sq Ft
02/26/2021 02/26/21 For Sale $184,000 -- $105 / 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 $4,896 $131,800 $33,960 $97,840
2023 $5,546 $133,960 $42,240 $91,720
2022 $3,786 $93,560 $13,640 $79,920
2021 $2,735 $67,520 $9,760 $57,760
2020 $2,532 $61,800 $11,480 $50,320
2019 $490 $45,040 $7,080 $37,960
2018 $1,118 $27,000 $5,440 $21,560
2017 $1,123 $26,000 $5,240 $20,760
2016 $1,126 $26,000 $5,240 $20,760
2015 $1,616 $26,000 $5,240 $20,760
2014 $1,179 $26,000 $5,240 $20,760
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Thomas Clarke

    Thomas M Clarke

    (404) 939-1257

    2 in this area

    22 Total Sales

    Thomas Clarke
    Section Image

  • r

    Buyer's Agent in 2021

    raymond edems

    First United Realty, Inc.

    (404) 519-6033

    1 in this area

    5 Total Sales

    raymond edems
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6846621

First Multiple Listing Service (FMLS)

APN: 14-0038-0001-002-2

Georgia Fulton County Atlanta 30315 Lakewood

506 Mcwilliams Rd SE, Atlanta, GA

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