NOT LISTED FOR SALE

5400 Cascade Palmetto Hwy Fairburn, GA 30213

Estimated Value: $321,000 - $1,072,000

4 Beds
2 Baths
1,808 Sq Ft
$429/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $444,000 $246 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,503/month

Highlights

  • Barn
  • 21 Acre Lot
  • Ranch Style House
  • Stables
  • Private Lot
  • Double Oven

About This Home

As of September 2018

Turn-Key equestrian, boarding/training facility or family farm just 3 miles from the World Class Chatt Hills Eventing venue and just minuets from Serenbe, the equestrian trails at Cochran Mill Park & only 16 miles from Atlanta airport. 1 show barn with 10-12x12 stalls, wash rack, temp controlled tack, office, feed, laundry with 1/2 bath & an 18' cement isle. 2nd barn has 7 stalls & tack room. 2 large pastures with new 4-board fence & 1 large turn out with run in shelters. Hay and shavings storage & outdoor arena. 4BR home with large kitchen/dining & living rooms.

Last Agent to Sell the Property

Joel Desmarteau

Compass License #364222 Listed on: 05/08/2018

Compass

Co-Listed By

Sandra Storrar

Atlanta Fine Homes Sotheby's International License #279283

Last Buyer's Agent

Joel Desmarteau

Compass License #364222 Listed on: 05/08/2018

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,729

Year Built

  • Built in 1972

Lot Details

  • 21 Acre Lot
  • Private Lot

Parking

  • Parking Accessed On Kitchen Level

Home Design

  • Ranch Style House
  • Composition Roof

Interior Spaces

  • 1,808 Sq Ft Home
  • Ceiling height of 9 feet on the main level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Microwave
  • Kitchen Island
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Schools

  • Palmetto Elementary School
  • Bear Creek - Fulton Middle School
  • Creekside High School

Farming

  • Barn
  • Pasture

Additional Features

  • Accessible Entrance
  • Stables
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 07 020000500853

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,729

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1972
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Appliances: Double Oven, Microwave, Refrigerator
  • Interior Amenities: High Ceilings 9 ft Main
  • Kitchen Features: Breakfast Bar, Eat-in Kitchen, Kitchen Island, Pantry, Tile Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 1808.00

Beds/Baths

  • Total Bedrooms: 4
  • Main Bedrooms: 4
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Other Structures: Barn(s), Stable(s)
  • Roof Type: Composition

Garage/Parking

  • Parking Features: Kitchen Level

Utilities

  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually

Schools

  • Elementary School: Palmetto
  • Middle School: Bear Creek - Fulton
  • High School: Creekside

Lot Info

  • Acres: 21.0000
  • Land/Lot: 50
  • Deed Book: 23909
  • Deed Page: 1
  • Lot Features: Pasture, Private
  • Parcel Number: 07 020000500853
  • Property Attached Yn: No

Tax Info

  • Taxes: 3729.00
  • Assessor Parcel Number: 07-0200-0050-085-3
  • Close Date: 2018-09-21
  • Tax Year: 2016

MLS Schools

  • Elementary School: Palmetto
  • High School: Creekside
  • Middle School: Bear Creek - Fulton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2018
Closed on
Sep 21, 2018
Sold by
Koch Laura C
Bought by
Townsend Nancy Easton and Townsend Mark Simon
Seller's Agent
Joel Desmarteau
Compass
Buyer's Agent
Joel Desmarteau
Compass
List Price
$429,000
Sold Price
$444,000
Premium/Discount to List
$15,000
3.5%
Current Estimated Value
$775,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,022
Avg. Annual Appreciation
8.16%
Original Mortgage
$399,600
Outstanding Balance
$347,757
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$427,265

Purchase Details

Listed on
Sep 25, 2015
Closed on
May 6, 2016
Sold by
Nelson Edythe M
Bought by
Koch Laura C
Seller's Agent
Alexis Shepherd
Keller Williams Realty Atl Partners
Buyer's Agent
David Boehmig
Atlanta Fine Homes Sotheby's International
List Price
$399,900
Sold Price
$345,000
Premium/Discount to List
-$54,900
-13.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%

Purchase Details

Closed on
Feb 6, 1998
Sold by
Koonce Benny F
Bought by
Nelson Edythe M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,015
Interest Rate
7.07%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Townsend Nancy Easton $444,000 --
Koch Laura C $345,000 --
Nelson Edythe M $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Townsend Nancy Easton $399,600
Previous Owner Nelson Edythe M $185,015
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2018 09/21/18 Sold $444,000 +1.1% $246 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
05/09/2018 05/09/18 Price Changed $439,000 +2.3% $243 / Sq Ft
05/08/2018 05/08/18 For Sale $429,000 +24.3% $237 / Sq Ft
05/06/2016 05/06/16 Sold $345,000 -13.7% $191 / Sq Ft View Prior Sale
03/23/2016 03/23/16 Pending -- -- --
09/25/2015 09/25/15 For Sale $399,900 0.0% $221 / Sq Ft
03/27/2014 03/27/14 Rented $1,800 0.0% --
02/25/2014 02/25/14 Under Contract -- -- --
11/22/2013 11/22/13 For Rent $1,800 -- --
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 $16,876 $383,760 $198,480 $185,280
2023 $12,460 $441,440 $280,520 $160,920
2022 $7,232 $184,440 $71,640 $112,800
2021 $7,167 $179,040 $69,560 $109,480
2020 $7,199 $176,920 $68,720 $108,200
2019 $6,862 $173,760 $67,480 $106,280
2018 $6,910 $173,600 $102,200 $71,400
2017 $3,728 $91,480 $69,600 $21,880
2016 $3,729 $91,480 $69,600 $21,880
2015 $3,740 $91,480 $69,600 $21,880
2014 $3,572 $82,840 $63,040 $19,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6008851

First Multiple Listing Service (FMLS)

APN: 07-0200-0050-085-3