NOT LISTED FOR SALE

5649 Bay Island Cay NW Acworth, GA 30101

Estimated Value: $333,000 - $400,000

4 Beds
2 Baths
1,774 Sq Ft
$207/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $157,500 $89 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $2,206/month

18 Days on Market

Highlights

  • Property borders a national or state park
  • Recreation Room
  • Double Pane Windows
  • Pickett's Mill Elementary School Rated A
  • Great Room
  • Programmable Thermostat

About This Home

As of March 2016

CALLING ALL BUYERS WHO LOVE SWEAT EQUITY!!! Make this one your own custom home with mostly cosmetic repairs needed. Perfect investor opportunity for a quick turn over. Spacious ranch with partially finished basement on a large lot that backs up to Lake Allatoona Corps land. Beautiful hardwoods on main, vaulted ceilings and desirable floor plan make this a must see!!! Close to schools and shopping.

Last Agent to Sell the Property

Norma Elkin

Atlanta Communities License #141678 Listed on: 01/25/2016

Atlanta Communities

Last Buyer's Agent

Daniel Hilsman

eXp Realty License #159784

eXp Realty

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,084

Year Built

  • 1992

Lot Details

  • Property borders a national or state park

Interior Spaces

  • Split Bedroom Floorplan
  • Double Pane Windows
  • Great Room
  • Dining Room
  • Recreation Room
  • Bonus Room
  • Storm Doors

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Utilities

  • Programmable Thermostat
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 113

Property Details

Home Type

Other

Est. Annual Taxes

$3,084

Year Built

1992

Lot Details

0

Listing Details

  • District: 20
  • Section: 2
  • Property Setting: Borders US/State Park
  • Special Features: None
  • Year Built: 1992

Interior Features

  • Fireplaces: 1
  • Fireplace(s): 1, In Great/Family Room, Factory Built, Gas Starter
  • Lower Level Bedroom: 1
  • Main Floor Bedrooms: 3
  • Main Level Full Bathrooms: 2
  • Basement: Concrete, Daylight, Inside Entrance, Outside Entrance, Finished Rooms, Full
  • Kitchen Equipment: Dishwasher, Garbage Disposal, Icemaker Line, Range/Oven
  • Feature Name: Allatoona
  • Interior Amenities: Cable In Street, Vaulted Ceilings, Double Vanity, Entrance Foyer, Hardwood Floors, Pulldown Attic Stairs, Separate Shower, Tile Bath, Wall-to-wall Carpet, Whirlpool Bath
  • Laundry Location: Kitchen Area
  • Laundry Type: Closet
  • Below Grade Finished Sq Ft: 900
  • Unfinished Below Grade Sq Ft: 838
  • Kitchen / Breakfast: Breakfast Area
  • Above Grade Finished Sq Ft: 1774

Exterior Features

  • Roof: Composition
  • Exterior Features: Deck/Patio, Fenced Yard, Out Building, Porch
  • Construction: Brick Front, Press Board Siding

Garage/Parking

  • Parking: 2 Car, Attached, Auto Garage Door, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Gas
  • Heating: Forced Air
  • Energy Features: Double Pane/Thermo, Programmable Thermostat, Storm Doors, Gas Water Heater
  • Water/Sewer: Public Water, Sewer Connected

Association/Amenities

  • Amenities: Street Lights

Schools

  • Elementary Bus Line: Yes
  • High School Bus: Yes
  • Middle School Bus: Yes
  • Elementary School: Picketts Mill / Cobb / Cobb County, GA
  • Middle School: Durham / Cobb / Cobb County, GA
  • High School: Allatoona / Cobb / Cobb County, GA

Lot Info

  • Lot Description: Level Lot, Private Backyard, Wooded
  • Lot Size: 1/2 - 1 Acre
  • Land Lot: 74
  • Lot: 113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2016
Closed on
Mar 18, 2016
Sold by
Us Bank Trust Na Trustee
Bought by
Stamov Svetoslav and Tacheva-Stamova Elitsa
Seller's Agent
Norma Elkin
Atlanta Communities
Buyer's Agent
Daniel Hilsman
eXp Realty
List Price
$159,900
Sold Price
$157,500
Premium/Discount to List
-$2,400
-1.5%
Current Estimated Value
$367,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,055
Avg. Annual Appreciation
9.59%
Original Mortgage
$149,625
Outstanding Balance
$121,302
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$256,107

Purchase Details

Closed on
Aug 4, 2015
Sold by
Hewitt Cassandra
Bought by
Us Bank Trust Na Trustee and Lsf9 Master Participation T

Purchase Details

Closed on
Oct 30, 2003
Sold by
Kelley Charles A and Kelley Rebecca
Bought by
Hewitt Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.75%
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
Stamov Svetoslav $157,500 --
Us Bank Trust Na Trustee $132,333 --
Hewitt Chris $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stamov Svetoslav $149,625
Previous Owner Hewitt Chris $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2016 03/18/16 Sold $157,500 -1.5% $89 / Sq Ft
02/12/2016 02/12/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $159,900 -- $90 / 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
2024 $3,084 $130,124 $22,000 $108,124
2023 $2,541 $130,124 $22,000 $108,124
2022 $3,108 $130,124 $22,000 $108,124
2021 $2,387 $97,176 $22,000 $75,176
2020 $2,387 $97,176 $22,000 $75,176
2019 $2,179 $87,704 $18,000 $69,704
2018 $1,638 $63,000 $15,200 $47,800
2017 $1,555 $63,000 $15,200 $47,800
2016 $1,812 $63,028 $18,000 $45,028
2015 $1,365 $57,452 $18,360 $39,092
2014 $1,375 $57,452 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    Norma Elkin

    Atlanta Communities

    (404) 683-4343

    175 Total Sales

    Norma Elkin
    Section Image

  • D

    Buyer's Agent in 2016

    Daniel Hilsman

    eXp Realty

    (678) 907-1853

    5 Total Sales

    Daniel Hilsman
    Section Image
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Map

Source: Georgia MLS

MLS Number: 07578279

Georgia MLS

APN: 20-0074-0-134-0

Georgia Cobb County Acworth 30101

5649 Bay Island Cay NW, Acworth, GA

This home is located at 5649 Bay Island Cay NW, Acworth, GA 30101 since 25 January 2016 and is currently estimated at $367,555, approximately $207 per square foot. This property was built in 1992. 5649 Bay Island Cay NW is a home located in Cobb County with nearby schools including Pickett's Mill Elementary School, Durham Middle School, and Allatoona High School.

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