$226,000
SOLD DEC 13, 2024 RENTED APR 22, 2025

5790 Powder Lake Ln Powder Springs, GA 30127

3 Beds
1.5 Baths
1,644 Sq Ft
0.3 Acres

Recently Sold

$137 Per Sq Ft

3% Above List Price

19 Days on Market

Highlights

  • Ranch Style House
  • 1 Fireplace
  • Central Heating and Cooling System
  • Wood Flooring
  • No HOA

About This Home

As of December 2024

Investor special - fantastic opportunity to get a fixer-upper 4-sided brick home just minutes to downtown Powder Springs!! The home is currently a 3 bedroom and 1.5 bath but can easily be converted into a 4 bedroom with 2 full baths. Comparable renovated homes in the area are selling for $325,000. This is the perfect house for an investor looking to fix and flip or add another rental to their portfolio! No HOA, really nice and quiet neighborhood. House is sold as is, listing agent is also the owner of the home. Let's get a deal done!

Last Agent to Sell the Property

Max Rieves

Keller Williams Realty License #438136 Listed on: 11/06/2024

Keller Williams Realty

Last Buyer's Agent

Doris Viteri

Atlanta Communities License #355446

Atlanta Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,260

Year Built

  • Built in 1972

Lot Details

  • 0.3 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1 Fireplace
  • Unfinished Basement
  • Laundry in Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Schools

  • Powder Springs Elementary School
  • Cooper Middle School
  • Mceachern High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Powder Ridge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,260

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • ArchitecturalStyle: Ranch
  • Main Level Half Bathrooms: 1
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .30
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1644
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Other
  • Bedrooms: 3
  • Basement: Unfinished
  • Total Finished Sq Ft: 1644
  • Unfinished Below Grade Sq Ft: 1344
  • Above Grade Finished Sq Ft: 1644
  • Interior Amenities: Master On Main Level, Other
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Flooring: Carpet, Hardwood
  • Price Per Square Foot: 137.469

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Brick
  • Lot Features: Other
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Basement
  • Sewer: Septic Tank
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Powder Springs
  • High School: Mceachern
  • Middle School: Cooper
  • Elementary School: Powder Springs
  • Middle School: Cooper
  • High School: Mceachern

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1260

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2025
Closed on
Apr 7, 2025
Sold by
Infinity Ch Painting Llc
Bought by
Hernandez Marvin A Cruz
Seller's Agent
Doris Viteri
Atlanta Communities
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
Sold Price
$2,400
Views
10
Current Estimated Value
$248,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,009
Original Mortgage
$215,000
Outstanding Balance
$215,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$1,200

Purchase Details

Listed on
Nov 6, 2024
Closed on
Dec 13, 2024
Sold by
Rieves Max
Bought by
Infinity Ch Painting Llc
Seller's Agent
Max Rieves
Keller Williams Realty
Buyer's Agent
Doris Viteri
Atlanta Communities
List Price
$219,000
Sold Price
$226,000
Premium/Discount to List
$7,000
3.2%
Views
112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.14%
Original Mortgage
$203,400
Interest Rate
6.79%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 6, 2024
Closed on
Oct 25, 2024
Sold by
529 Holdings Llc
Bought by
Rieves Max
Seller's Agent
Max Rieves
Keller Williams Realty
Buyer's Agent
Doris Viteri
Atlanta Communities
List Price
$219,000
Sold Price
$226,000
Premium/Discount to List
$7,000
3.2%
Views
112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,400
Interest Rate
6.79%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 6, 2024
Closed on
Oct 15, 2024
Sold by
Thomas Hope
Bought by
529 Holdings Llc
Seller's Agent
Max Rieves
Keller Williams Realty
Buyer's Agent
Doris Viteri
Atlanta Communities
List Price
$219,000
Sold Price
$226,000
Premium/Discount to List
$7,000
3.2%
Views
112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,400
Interest Rate
6.79%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 3, 2024
Sold by
Bowman Robert M
Bought by
529 Holdings Llc
Source: Public Records

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Range of Values:

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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 -- None Listed On Document
Special Warranty Deed $226,000 None Listed On Document
Special Warranty Deed $186,500 None Listed On Document
Special Warranty Deed $186,500 None Listed On Document
Quit Claim Deed $160,000 None Listed On Document
Quit Claim Deed $160,000 None Listed On Document
Warranty Deed $150,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $215,000 New Conventional
Previous Owner $203,400 Construction
Previous Owner $58,800 Stand Alone Second
Previous Owner $49,211 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Rented $2,400 0.0% --
03/21/2025 03/21/25 For Rent $2,400 0.0% --
12/13/2024 12/13/24 Sold $226,000 +3.2% $137 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
11/06/2024 11/06/24 For Sale $219,000 -- $133 / 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 $2,094 $96,440 $24,000 $72,440
2023 $1,260 $83,016 $6,400 $76,616
2022 $1,817 $83,016 $6,400 $76,616
2021 $1,097 $50,112 $6,400 $43,712
2020 $1,097 $50,112 $6,400 $43,712
2019 $1,097 $50,112 $6,400 $43,712
2018 $1,097 $50,112 $6,400 $43,712
2017 $694 $33,276 $6,400 $26,876
2016 $695 $33,276 $6,400 $26,876
2015 $367 $21,308 $7,840 $13,468
2014 $371 $21,308 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10408603

Georgia MLS

APN: 19-1041-0-039-0