NOT LISTED FOR SALE

550 Drake Ln Canton, GA 30115

Estimated Value: $399,000 - $439,000

3 Beds
3 Baths
1,829 Sq Ft
$231/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $216,000 $118 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,533/month

78 Days on Market

Highlights

  • 1.16 Acre Lot
  • Deck
  • Ranch Style House
  • Rusk Middle School Rated A
  • Wooded Lot
  • Great Room

About This Home

As of October 2017

Excellent move-in ready RANCH home on Acre+ lot! This home offers the perfect privacy on a large lot but only minutes from schools, shopping and I-575/I-75. Open floor plan with split bedroom plan. Fresh interior paint, huge front porch, stack stone fireplace in family room, large deck (2013), spacious unfinished basement with full bath, out building for storage, security system, & more! ADDITIONAL LOT TO THE RIGHT 1.23 ACRE IS AVAILABLE AS WELL.

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 06/26/2017

Mark Spain Real Estate

Co-Listed By

Eric Wright

Keller Williams North Atlanta License #364825

Last Buyer's Agent

Mary Warren

Coldwell Banker Realty License #372872

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $618

Year Built

  • Built in 1994

Lot Details

  • 1.16 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Drive Under Main Level
  • Driveway

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,829 Sq Ft Home
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Carpet
  • Security System Owned
  • Laundry on main level

Kitchen

  • Open to Family Room
  • Electric Range
  • Dishwasher
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Garage Access
  • Stubbed For A Bathroom

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Outbuilding
  • Front Porch

Schools

  • Holly Springs - Cherokee Elementary School
  • Dean Rusk Middle School
  • Sequoyah High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Septic Tank
  • High Speed Internet

Community Details

  • Quail Ponte Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15N20 588

Home Details

Home Type

Single Family

Est. Annual Taxes

$618

Year Built

Built in 1994

Lot Details

0

Parking

2

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: 1994
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Family Room, Glass Doors
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Main, High Speed Internet, His and Hers Closets, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Driveway Access, Exterior Entry, Full, Interior Entry, Unfinished
  • Kitchen Features: Cabinets Stain, Laminate Counters, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story
  • Square Footage: 1829.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Main Bedrooms: 3
  • Total Full Baths: 3
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Other Structures: Outbuilding
  • Construction Materials: Cement Siding, Frame
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Attached, Drive Under Main Level, Driveway, Garage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security System Owned
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas
  • Laundry Features: Main Level

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Quail Ponte

Lot Info

  • Acres: 1.1600
  • Lot Features: Level, Sloped, Wooded
  • Parcel Number: 15N20 588
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat

Tax Info

  • Taxes: 618.00
  • Tax Year: 2016

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Holly Springs - Cherokee
  • High School: Sequoyah
  • Middle School: Dean Rusk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2017
Closed on
Oct 13, 2017
Sold by
Brown Benny Pierce
Bought by
Eglitis Christine and Eglitis Todd A
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Mary Warren
Coldwell Banker Realty
List Price
$229,900
Sold Price
$216,000
Premium/Discount to List
-$13,900
-6.05%
Current Estimated Value
$422,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,266
Avg. Annual Appreciation
8.56%
Original Mortgage
$172,800
Outstanding Balance
$143,833
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$278,433

Purchase Details

Closed on
Aug 10, 1994
Sold by
Tritt Bobby
Bought by
Brown Benny
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Eglitis Christine $216,000 --
Brown Benny $125,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eglitis Christine $172,800
Closed Brown Benny --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2017 10/13/17 Sold $216,000 -6.0% $118 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $229,900 0.0% $126 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
06/26/2017 06/26/17 For Sale $229,900 -- $126 / 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 $3,817 $167,052 $36,000 $131,052
2024 $3,505 $151,312 $30,000 $121,312
2023 $3,164 $155,808 $31,200 $124,608
2022 $3,095 $130,144 $27,200 $102,944
2021 $2,769 $104,924 $18,600 $86,324
2020 $2,618 $98,320 $18,600 $79,720
2019 $2,407 $89,240 $17,600 $71,640
2018 $2,293 $83,840 $17,600 $66,240
2017 $643 $191,600 $16,000 $60,640
2016 $618 $167,200 $16,000 $50,880
2015 $631 $165,700 $15,200 $51,080
2014 $580 $152,100 $15,200 $45,640
Source: Public Records

Agents Affiliated with this Home

  • Mark Spain

    Seller's Agent in 2017

    Mark Spain

    Mark Spain

    (678) 537-8980

    59 in this area

    9,798 Total Sales

    Mark Spain
    Section Image
  • Eric Wright

    Seller Co-Listing Agent in 2017

    Eric Wright

    Keller Williams North Atlanta

    (770) 886-9000

    138 Total Sales

    Eric Wright
    Section Image
  • Mary Warren

    Buyer's Agent in 2017

    Mary Warren

    Coldwell Banker Realty

    (678) 860-4960

    24 Total Sales

    Mary Warren
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5869975

First Multiple Listing Service (FMLS)

APN: 015N20-00000-588-000-0000

Georgia Cherokee County Canton 30115

550 Drake Ln, Canton, GA

Not Listed for Sale

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