$200,000
SOLD JUL 29, 2024

568 N Thomas Ln SE Smyrna, GA 30082

0.21 Acre
$934,579 Price per Acre
9,322 Sq Ft Lot

Recently Sold

31% Below List Price

505 Days on Market

Highlights

  • City View
  • Corner Lot
  • Property is near schools
  • King Springs Elementary School Rated A
  • Park
  • Trails

About This Lot

As of July 2024

Build your dream home on this level corner grassed lot in a top performing school district. Less than a 5 minute walk to North Cooper
Lake Park and 1 mile from King Springs Elementary School. Underground utilities already in place. Located in the heart of Smyrna
with easy access to downtown Atlanta. Only a short distance to The Battery/Truist Park (home of the Atlanta Braves) and 3 miles to
Smyrna Market Village. Twenty miles to the Hartfield-Jackson Airport

Last Agent to Sell the Property

Christian Swann

Keller Williams Realty Atl Partners License #345777

Keller Williams Realty Atl Partners

Last Buyer's Agent

Sohail Choudhry

Prestige Brokers Group, LLC. License #297925

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,888

Lot Details

  • 9,322 Sq Ft Lot
  • Corner Lot
  • Grass Covered Lot
  • Property is zoned R3

Schools

  • King Springs Elementary School
  • Griffin Middle School
  • Campbell High School

Additional Features

  • City Views
  • Property is near schools
  • Underground Utilities

Listing and Financial Details

  • Legal Lot and Block 1 / `1
  • Assessor Parcel Number 17033500760

Community Details

Overview

  • Thomas Woods Subdivision

Recreation

  • Park
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$1,888

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: See plat
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Multi Family
  • Current Classification: Developed/Zoned Residential
  • Special Features: None

Property Details

  • Property: Land

Exterior Features

  • View: City

Utilities

  • Utilities: Electricity Available, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Near Schools, Near Trails/Greenway, Park
  • Subdivision Complex: Thomas Woods

Schools

  • Elementary School: King Springs
  • Middle School: Griffin
  • High School: Campbell

Lot Info

  • Acres: 0.2140
  • Lot: 1
  • Land/Lot: 335
  • Possible Use: Multi-Family, Residential
  • Section G M D: 2
  • Current Zoning: R3
  • Plat Book: 279
  • Plat Page: 617
  • Current Use: Vacant
  • Lot Features: Corner Lot
  • Lot Dimensions: x
  • Parcel Number: 17033500760
  • Price Acre Dollar: 934579.44
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 1888.00
  • Assessor Parcel Number: 17-0335-0-076-0
  • Close Date: 2024-07-29
  • Tax Year: 2021

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: King Springs
  • High School: Campbell
  • Middle School: Griffin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2022
Closed on
Jul 29, 2024
Sold by
Inn At American Way Llc
Bought by
Buyside Capital Advisors Llc
Seller's Agent
Christian Swann
Keller Williams Realty Atl Partners
Buyer's Agent
Sohail Choudhry
Prestige Brokers Group, LLC.
List Price
$289,000
Sold Price
$200,000
Premium/Discount to List
-$89,000
-30.8%
Total Days on Market
505
Views
136
Current Estimated Value
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$0
Avg. Annual Appreciation
2.22%
Original Mortgage
$620,000
Outstanding Balance
$315,370
Interest Rate
6.95%
Mortgage Type
Construction
Estimated Equity
-$111,870

Purchase Details

Closed on
Dec 19, 2022
Sold by
Patel Kalpesh
Bought by
Inn At American Way Llc

Map

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 Type Sale Price Title Company
Special Warranty Deed $200,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $620,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $200,000 -20.0% --
05/10/2024 05/10/24 Pending -- -- --
04/01/2024 04/01/24 Price Changed $250,000 -2.0% --
03/14/2024 03/14/24 Price Changed $255,000 -1.5% --
12/08/2023 12/08/23 Price Changed $259,000 -7.2% --
09/30/2023 09/30/23 Price Changed $279,000 -3.5% --
12/22/2022 12/22/22 For Sale $289,000 -- --
Source: First Multiple Listing Service (FMLS)

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 $2,039 $75,088 $75,088 --
2023 $1,085 $39,960 $39,960 $0
2022 $1,923 $70,296 $70,296 $0
2021 $1,888 $68,696 $68,696 $0
Source: Public Records

About the Listing Agent

Christian Swann

Keller Williams Realty Atl Partners

(770) 412-3126

Section Image

Christian Swann is an expert commercial real estate broker. Looking to sell your business or find the value of your business? We are here for you. Specializing in Hospitality, Liquor Stores, Daycare Centers, Industrial, and Land Development. We are keeping a close eye on the market and debt coming due. If you have a note coming due, now is the time to call.

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  • 568 N Thomas Ln SE, Smyrna, GA 30082

    $200,000 Sold Jul 29, 2024

    • Land
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    • 568 N Thomas Ln SE
    • Smyrna, GA

    Attention developers and visionaries! This well-positioned, level lot is situated in a highly sought-after school district and is primed for construction. It's conveniently located within a 5-minute stroll to North Cooper Lake Park and just 1 mile from King Springs Elementary School. The lot already has underground utilities in place and is nestled in the heart of Smyrna, offering easy access to

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Source: First Multiple Listing Service (FMLS)

MLS Number: 7157551

First Multiple Listing Service (FMLS)

APN: 17-0335-0-076-0