NOT LISTED FOR SALE

5280 Lakerock Way SW Atlanta, GA 30331

Estimated Value: $493,000 - $504,000

5 Beds
4 Baths
3,815 Sq Ft
$131/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $460,000 $121 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,417/month

Highlights

  • 2 Fireplaces
  • Brick Front
  • 2 Car Garage
  • Security System Owned
  • Central Air
  • Carpet

About This Home

As of June 2022

This Atlanta two-story home offers a patio, and a two-car garage. This home has been virtually staged to illustrate its potential.

Last Agent to Sell the Property

Kim Klir

Mainstay Brokerage LLC License #308458 Listed on: 01/06/2022

Mainstay Brokerage LLC

Last Buyer's Agent

Tammy Robertson

LoKation Real Estate, LLC License #360433

LoKation Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,753

Year Built

  • Built in 2005

Lot Details

  • 8,368 Sq Ft Lot

HOA Fees

  • $41 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof
  • Brick Front

Interior Spaces

  • 3,815 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Fireplace With Gas Starter
  • Security System Owned
  • Microwave
  • Finished Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 110 Volts

Community Details

  • Summit Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Legal Lot and Block 101 / F
  • Assessor Parcel Number 14F0091 LL2663

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,753

Year Built

Built in 2005

Lot Details

0

HOA Fees

$41 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Property Condition: Resale
  • Year Built: 2005
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Laminate
  • Fireplace Features: Gas Starter
  • Number Of Fireplaces: 2
  • Appliances: Microwave
  • Basement: Finished
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 3815.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 5
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1

Exterior Features

  • Construction Materials: Brick Front, Frame
  • Roof Type: Composition
  • Foundation: Pillar/Post/Pier

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security System Owned
  • Cooling: Central Air
  • Heating: Natural Gas
  • Utilities: Electricity Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Association Fee: 495
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 678-892-1110
  • Subdivision Complex: SUMMIT

Schools

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

Lot Info

  • Acres: 0.1921
  • Lot: 101
  • Land/Lot: 91
  • Plat Book: 275
  • Plat Page: 93
  • Lot Dimensions: x
  • Parcel Number: 14F0091 LL2663
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 6753.00
  • Assessor Parcel Number: 14F-0091-LL-266-3
  • Close Date: 2022-06-16
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2024
Sold by
Gaines Richard
Bought by
Gaines Abidemi and Gaines Richard
Current Estimated Value
$498,583

Purchase Details

Closed on
Nov 4, 2021
Sold by
Smith Patricia A
Bought by
Opendoor Property Trust I

Purchase Details

Listed on
Jan 16, 2017
Closed on
Jun 19, 2018
Sold by
Smith Michael G
Bought by
Smith Michael G and Smith Patricia A
Seller's Agent
Lakisha Frazier
Vylla Home
Buyer's Agent
Marcia Constable
Coldwell Banker Realty
List Price
$279,900
Sold Price
$271,300
Premium/Discount to List
-$8,600
-3.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.69%
Original Mortgage
$217,040
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2009
Sold by
Deutsche Bk Nat 2006 & Sd3
Bought by
Jeter Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.43%
Mortgage Type
VA

Purchase Details

Closed on
Mar 4, 2008
Sold by
Jiles Willie and Jiles Victoria
Bought by
Deutsche Bk Natl Trust 2006 & Sd
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
Gaines Abidemi -- --
Opendoor Property Trust I $407,000 --
Smith Michael G -- --
Smith Michael G $271,300 --
Jeter Gary $195,000 --
Deutsche Bk Natl Trust 2006 & Sd $269,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Michael G $217,040
Previous Owner Jeter Gary $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2022 06/16/22 Sold $460,000 +7.2% $121 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
05/05/2022 05/05/22 Price Changed $429,000 -3.2% $112 / Sq Ft
04/25/2022 04/25/22 For Sale $443,000 -3.7% $116 / Sq Ft
04/15/2022 04/15/22 Off Market $460,000 -- --
04/15/2022 04/15/22 For Sale $443,000 0.0% $116 / Sq Ft
02/05/2022 02/05/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $443,000 +63.3% $116 / Sq Ft
06/18/2018 06/18/18 Sold $271,300 -3.1% $71 / Sq Ft View Prior Sale
05/04/2018 05/04/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $279,900 0.0% $73 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
11/03/2017 11/03/17 For Sale $279,900 0.0% $73 / Sq Ft
02/05/2017 02/05/17 Pending -- -- --
01/16/2017 01/16/17 For Sale $279,900 -- $73 / 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 $8,882 $248,680 $30,080 $218,600
2023 $8,882 $184,000 $26,400 $157,600
2022 $7,914 $201,840 $23,920 $177,920
2021 $6,723 $167,960 $16,600 $151,360
2020 $6,753 $165,960 $16,400 $149,560
2019 $4,286 $108,520 $10,720 $97,800
2018 $4,049 $101,720 $12,200 $89,520
2017 $3,306 $81,120 $11,880 $69,240
2016 $3,307 $81,120 $11,880 $69,240
2015 $3,316 $81,120 $11,880 $69,240
2014 $3,498 $81,120 $11,880 $69,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6986495

First Multiple Listing Service (FMLS)

APN: 14F-0091-LL-266-3