$380,000
SOLD SEP 23, 2024

5275 Lakerock Way SW Atlanta, GA 30331

Sandtown Neighborhood
5 Beds
3.5 Baths
3,606 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$105 Per Sq Ft

16% Below List Price

52 Days on Market

Highlights

  • Fitness Center
  • Bonus Room
  • Tennis Courts
  • 1 Fireplace
  • Community Pool
  • Breakfast Area or Nook

About This Home

As of September 2024

MAJOR PRICE REDUCTION plus $5000 towards Buyers Closing Cost. This is a Beautiful Three-Story Home with 5 Bedrooms and 3.5 Baths at approximately 3606 sqft. Nice size living room with an open floorplan concept including an Eat-in Kitchen. Separate dining room and family room. Laundry room on the main level. Huge upstairs Loft on the second floor. Third floor has a very open space which can be used as the 5th bedroom or media room. The third level also has a full bath with 2 additional bonus rooms that can be an office or room for content creators. Home priced below market value. Some TLC needed. Home being sold AS-IS. SELLER HIGHLY MOTIVATED. Contact Listing Agent for a private showing.

Last Agent to Sell the Property

Derrick Burton

D. Burton Properties LLC License #336055 Listed on: 07/04/2024

Last Buyer's Agent

Arena Crawford

New South Realty Group LLC License #424005

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,413

Year Built

  • Built in 2004

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,606 Sq Ft Home
  • 3-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Bonus Room
  • Carpet
  • Laundry in Mud Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Soaking Tub
  • Separate Shower

Schools

  • Randolph Elementary School
  • Sandtown Middle School
  • Westlake High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 82-E

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include swimming, tennis
  • Summit At Sandtown Subdivision

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,413

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: UNINCORPORATED SOUTH FULT
  • Year Built: 2004
  • Main Level Half Bathrooms: 1
  • Financing Type: Conventional
  • Levels: Three Or More
  • Lot Size Acres: .18
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 3606
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Water Heater, Oven/Range (Combo), Refrigerator
  • Bedrooms: 5
  • Basement: None
  • Total Finished Sq Ft: 3606
  • Above Grade Finished Sq Ft: 3606
  • Interior Amenities: Double Vanity, Separate Shower, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Carpet
  • Kitchen Features: Breakfast Area, Pantry
  • Price Per Square Foot: 105.379

Beds/Baths

  • Upper Level Full Bathrooms: 3

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Lot Features: Level
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central, Electric
  • Laundry Features: In Mud Room
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Fitness Center, Pool, Sidewalks, Street Lights, Tennis Court(s)

Fee Information

  • Association Fee Includes: Other, Swimming, Tennis

Schools

  • Elementary School: Randolph
  • High School: Westlake
  • Middle School: Sandtown
  • Elementary School: Randolph
  • Middle School: Sandtown
  • High School: Westlake

Lot Info

  • Lot: 82-E
  • Deed Book: 47946
  • Deed Page: 419

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6412.79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2024
Sold by
Ibezim Scholar
Bought by
Amazing House Enterprise Llc
Total Days on Market
52
Current Estimated Value
$394,829

Purchase Details

Listed on
Jul 4, 2024
Closed on
Sep 23, 2024
Sold by
Jones Nicole
Bought by
Ibezim Scholar
Seller's Agent
Derrick Burton
D. Burton Properties LLC
Buyer's Agent
Arena Crawford
New South Realty Group LLC
List Price
$449,900
Sold Price
$380,000
Premium/Discount to List
-$69,900
-15.54%
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$285,000
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2009
Sold by
2006 Ffmlt and 2006 Ff4
Bought by
Jones Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,804
Interest Rate
4.79%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 2009
Sold by
Hernandez Kelving
Bought by
Deutsche Bk Nat Ffmlt 2006 & Ff4
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
Quit Claim Deed -- --
Warranty Deed -- --
Deed $170,900 --
Foreclosure Deed $161,250 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $285,000 New Conventional
Previous Owner $175,722 No Value Available
Previous Owner $167,804 FHA
Previous Owner $51,300 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Sold $380,000 -3.8% $105 / Sq Ft
08/25/2024 08/25/24 Pending -- -- --
08/11/2024 08/11/24 Price Changed $395,000 -9.2% $110 / Sq Ft
07/08/2024 07/08/24 Price Changed $435,000 -3.3% $121 / Sq Ft
07/04/2024 07/04/24 For Sale $449,900 -- $125 / 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
2023 $4,518 $160,080 $30,120 $129,960
2022 $2,672 $131,520 $23,760 $107,760
2021 $2,551 $108,160 $16,480 $91,680
2020 $2,562 $106,880 $16,280 $90,600
2019 $2,866 $105,000 $16,000 $89,000
2018 $2,957 $91,600 $12,120 $79,480
2017 $2,090 $68,360 $11,800 $56,560
2016 $2,089 $68,360 $11,800 $56,560
2015 $2,095 $68,360 $11,800 $56,560
2014 $2,183 $68,360 $11,800 $56,560
Source: Public Records

Agents Affiliated with this Home

  • Derrick Burton

    Seller's Agent in 2024

    Derrick Burton

    D. Burton Properties LLC

    (404) 775-3350

    1 in this area

    20 Total Sales

    Derrick Burton
    Section Image
  • Arena Crawford

    Buyer's Agent in 2024

    Arena Crawford

    New South Realty Group LLC

    (678) 462-3088

    1 in this area

    11 Total Sales

    Arena Crawford
    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 10332432

Georgia MLS

APN: 14F-0091-LL-255-6

Georgia Fulton County Atlanta 30331 Sandtown

5275 Lakerock Way SW, Atlanta, GA

This home is located at 5275 Lakerock Way SW, Atlanta, GA 30331 and is currently priced at $380,000, approximately $105 per square foot. This property was built in 2004. 5275 Lakerock Way SW is a home located in Fulton County with nearby schools including Randolph Elementary School, Sandtown Middle School, and Westlake High School.

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