NOT LISTED FOR SALE

551 Summit Ln SW Marietta, GA 30008

Estimated Value: $202,000 - $255,000

3 Beds
2 Baths
1,354 Sq Ft
$215/mo HOA Fee

Last Sold December 16, 2019

Last sale price $120,000 $89 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,438/month

Highlights

  • Open-Concept Dining Room
  • Gated Community
  • Property is near public transit
  • Marietta High School Rated A-
  • City View
  • Private Lot

About This Home

As of December 2019

Location! Location! Fully renovated end unit property located in a gated community of Marietta, close to HWY I75 & I285, shops and schools. Home is move in ready with all finishings you would find in a high - end home, granite counter tops, new modern light fixtures and hardware, fresh paint,and beautiful hardwood floors. Comes with brand-new energy efficient SS appliances as well. The master has a w/large walk in closet. 2 large bedrooms downstairs. Home has lots of storage and closet space and a fenced patio for privacy!

Last Agent to Sell the Property

LaToya Robinson

Compass License #373864 Listed on: 11/08/2019

Compass

Last Buyer's Agent

Doris Viteri

Atlanta Communities License #355446

Atlanta Communities

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $209

Year Built

  • Built in 1981

Lot Details

  • End Unit
  • Private Entrance

HOA Fees

  • $215 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,354 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Great Room with Fireplace
  • Open-Concept Dining Room
  • City Views
  • Laundry on upper level

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • 2 Parking Spaces
  • Unassigned Parking

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Dunleith Elementary School
  • Marietta Middle School
  • Marietta High School

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 17015002020

Community Details

Overview

  • Heritage Properties Association, Phone Number (404) 474-3032
  • Woodchase Subdivision
  • Rental Restrictions

Recreation

  • Community Playground
  • Community Pool
  • Park

Additional Features

  • Restaurant
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$209

Year Built

Built in 1981

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Property Condition: Resale
  • Year Built: 1981
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Gas Starter, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Gas Oven, Microwave, Self Cleaning Oven
  • Kitchen Features: Breakfast Bar, Cabinets Other, Stone Counters
  • Common Walls: End Unit
  • Additional Rooms: Other
  • Dining Room Features: Open Concept
  • Square Footage: 1354.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Main Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Shingle
  • Patio And Porch Features: Patio
  • Exterior Features: Private Front Entry
  • View: City

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Unassigned

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Upper Floor
  • Electric: None

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Gated, Homeowners Assoc, Public Transportation, Park, Playground, Pool, Restaurant, Street Lights, Near Schools, Near Shopping
  • Association Fee: 215
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Hoa Contact Phone: 404-474-3032
  • Subdivision Complex: Woodchase

Association/Amenities

  • Number Of Units In Community: 1
  • Management Company: Heritage Properties

Schools

  • Elementary School: Dunleith
  • Middle School: Marietta
  • High School: Marietta

Lot Info

  • Acres: 0.0270
  • Deed Book: 14592
  • Deed Page: 2871
  • Lot Features: Private
  • Lot Dimensions: 1178
  • Parcel Number: 17015002020
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 209.00
  • Assessor Parcel Number: 17015002020
  • Close Date: 2019-12-16
  • Tax Year: 2018

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Dunleith
  • High School: Marietta
  • Middle School: Marietta

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Dec 16, 2019
Sold by
Innocept Investments Llc
Bought by
Solano Andrea Sanchez and Morales Maria Ogla Solano
Seller's Agent
LaToya Robinson
Compass
Buyer's Agent
Doris Viteri
Atlanta Communities
List Price
$127,000
Sold Price
$120,000
Premium/Discount to List
-$7,000
-5.51%
Current Estimated Value
$223,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,787
Avg. Annual Appreciation
11.45%

Purchase Details

Closed on
Jul 2, 2019
Sold by
Erinoso Olugbenga
Bought by
Innocept Investments Llc

Purchase Details

Closed on
Feb 19, 2009
Sold by
Williams Kenneth and Williams Gwen D
Bought by
Olugbenga Erimoso

Purchase Details

Closed on
Mar 21, 2008
Sold by
Erinoso Olugbenga
Bought by
Williams Kenneth and Williams Gwendolyn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,581
Interest Rate
5.62%
Mortgage Type
Trade

Purchase Details

Closed on
Jul 11, 2006
Sold by
Federal National Mortgage Association
Bought by
Erinoso Olugbenga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,764
Interest Rate
6.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 7, 2006
Sold by
Countrywide Hm Lns Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 20, 2004
Sold by
Durr Terrance
Bought by
Brobst Bobby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.91%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 17, 1998
Sold by
Woodchase Assoc
Bought by
Durr Terrence A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,050
Interest Rate
6.92%
Mortgage Type
New Conventional
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
Solano Andrea Sanchez $120,000 --
Innocept Investments Llc $82,091 --
Olugbenga Erimoso -- --
Williams Kenneth $2,000 --
Erinoso Olugbenga -- --
Federal National Mortgage Association -- --
Countrywide Hm Lns Inc $89,758 --
Brobst Bobby $111,000 --
Durr Terrence A $82,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Kenneth $106,581
Previous Owner Erinoso Olugbenga $21,764
Previous Owner Brobst Bobby $25,000
Previous Owner Durr Terrence A $78,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2019 12/16/19 Sold $120,000 0.0% $89 / Sq Ft
12/12/2019 12/12/19 Off Market $120,000 -- --
12/05/2019 12/05/19 Pending -- -- --
12/03/2019 12/03/19 For Sale $127,000 0.0% $94 / Sq Ft
11/20/2019 11/20/19 For Sale $127,000 0.0% $94 / Sq Ft
11/17/2019 11/17/19 Pending -- -- --
11/12/2019 11/12/19 Pending -- -- --
11/08/2019 11/08/19 For Sale $127,000 -- $94 / 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
2024 $444 $78,492 $34,000 $44,492
2023 $292 $78,492 $34,000 $44,492
2022 $528 $62,464 $20,000 $42,464
2021 $450 $52,396 $8,000 $44,396
2020 $412 $48,000 $7,920 $40,080
2019 $266 $45,156 $8,000 $37,156
2018 $209 $34,220 $8,000 $26,220
2017 $131 $28,888 $6,000 $22,888
2016 $132 $28,888 $6,000 $22,888
2015 $58 $17,212 $2,000 $15,212
2014 $60 $17,212 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6643004

First Multiple Listing Service (FMLS)

APN: 17-0150-0-202-0