NOT LISTED FOR SALE

511 Rock Springs Rd NE Atlanta, GA 30324

Morningside Neighborhood

Estimated Value: $1,774,000 - $1,940,000

3 Beds
3 Baths
4,116 Sq Ft
$446/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $1,155,000 $281 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $10,815/month

About This Home

Positioned on a premier location in-town between Ansley & Morningside this home features timeless elegance of a Tuscan villa.Custom Jim Baker designed estate on a private & gated lot is graced with inspiring outdoor living spaces that flow seamlessly into the interior rooms.Entertainer's dream home with flowing open floor plan with raised fireplaces,parlor style bar,professional-grade chef's kitchen & designer architecture throughout.Resort style backyard with pool/spa,fireplace,gardens,stone patio & sanctuary.Moments to shops,dining, schools,golf,parks & the BeltLine.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2019
Closed on
Jul 31, 2019
Sold by
Shafer David H
Bought by
Trammell Matthew
Seller's Agent
Jared Sapp
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Stacey Morris
NOT A VALID MEMBER
List Price
$1,290,000
Sold Price
$1,155,000
Premium/Discount to List
-$135,000
-10.47%
Current Estimated Value
$1,836,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$681,158
Avg. Annual Appreciation
7.70%
Original Mortgage
$924,000
Outstanding Balance
$773,729
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,062,429

Purchase Details

Closed on
Nov 15, 2001
Sold by
Rock Springs Road Llc
Bought by
Shafer David H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2001
Sold by
Saunders Helga A
Bought by
Rock Springs Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,600
Interest Rate
7.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Trammell Matthew $1,155,000 --
Shafer David H $285,000 --
Rock Springs Road Llc -- --
Rock Springs Road Llc $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trammell Matthew $924,000
Previous Owner Shafer David H $228,000
Previous Owner Rock Springs Road Llc $178,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2019 07/31/19 Sold $1,155,000 -9.4% $281 / Sq Ft View Prior Sale
06/08/2019 06/08/19 Pending -- -- --
05/15/2019 05/15/19 Price Changed $1,275,000 -1.2% $310 / Sq Ft
04/23/2019 04/23/19 For Sale $1,290,000 -- $313 / Sq Ft

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 $13,874 $570,000 $96,120 $473,880
2023 $19,706 $476,000 $93,480 $382,520
2022 $17,683 $476,000 $93,480 $382,520
2021 $17,148 $552,520 $93,480 $459,040
2020 $18,926 $462,000 $115,960 $346,040
2019 $491 $318,920 $30,840 $288,080
2018 $12,025 $318,920 $30,840 $288,080
2017 $12,530 $318,920 $30,840 $288,080
2016 $12,563 $318,920 $30,840 $288,080
2015 $13,089 $318,920 $30,840 $288,080
2014 $13,150 $318,920 $30,840 $288,080
Source: Public Records

Agents Affiliated with this Home

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