NOT LISTED FOR SALE

5850 Cobalt Dr SW Powder Springs, GA 30127

Estimated Value: $380,000 - $418,841

4 Beds
2.5 Baths
2,452 Sq Ft
$164/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $399,999 $163 Per Sq Ft

Current estimated payment $2,429/month

49 Days on Market

Highlights

  • Clubhouse
  • 1 Fireplace
  • Great Room
  • Traditional Architecture
  • High Ceiling
  • Solid Surface Countertops

About This Home

As of February 2024

$14K in EQUITY!!! Yes, you read this right! Discover a hidden gem in the heart of Powder Springs - a charming two-story abode that effortlessly blends modern luxury with comfort and approximately $14K in EQUITY. This tastefully renovated home boasts four bedrooms, 2.5 bathrooms, and a versatile bonus room that could easily double as a second owner's suite, adding a touch of flexibility to your living space. Step inside to find a thoughtfully designed interior adorned with luxurious vinyl plank flooring on the first floor, creating an atmosphere of simple elegance. The spacious eat-in kitchen, complete with a breakfast bar, beckons for cozy morning gatherings, while a separate dining area sets the scene for more formal occasions. Ascend the stairs, where new plush carpeting guides you to the second floor, offering a haven of comfort. The master bedroom invites you to unwind and recharge, boasting a private bathroom featuring a jacuzzi tub and a convenient walk-in shower. Its roof is just two years old. The backyard, a delightful space for small gatherings and leisurely moments, awaits your personal touch. With a roof that's only 2 years old, this home is not just stylish but also solidly built. Embrace the ease of community living while still being close to the heart of vibrant Powder Springs. Your dream home is calling-don't miss the chance to discover the joys and comforts that await within this beautifully renovated haven. Explore the possibilities and make it yours!

Last Agent to Sell the Property

Kennesha Powell

Wynd Realty Georgia License #332532 Listed on: 12/18/2023

Last Buyer's Agent

Tammy Robertson

Lokation Real Estate LLC License #360433

Lokation Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,375

Year Built

  • Built in 2003 | Remodeled

Lot Details

  • 0.46 Acre Lot
  • Level Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Siding
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 2,452 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • High Ceiling
  • 1 Fireplace
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Laundry closet

Kitchen

  • Breakfast Room
  • Breakfast Bar
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Separate Shower

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Mceachern Park Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,375

Year Built

Built in 2003 | Remodeled

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • ArchitecturalStyle: Brick Front, Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: FHA
  • Levels: Two
  • Lot Size Acres: .46
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2452
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Bedrooms: 4
  • Dining Room Features: Separate Room
  • Basement: None
  • Total Finished Sq Ft: 2452
  • Above Grade Finished Sq Ft: 2452
  • Interior Amenities: Tray Ceiling(s), High Ceilings, Soaking Tub, Separate Shower, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Carpet, Vinyl
  • Kitchen Features: Breakfast Area, Breakfast Bar, Breakfast Room, Solid Surface Counters
  • Price Per Square Foot: 163.131

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Concrete, Brick, Vinyl Siding
  • Lot Features: Level, Other
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Electric, Central Air
  • Heating: Natural Gas, Electric, Central
  • Laundry Features: Laundry Closet, Other
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 300
  • Association: Yes
  • Community Features: Clubhouse, Pool, Tennis Court(s)

Fee Information

  • Association Fee Includes: Other

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: 4375.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2023
Closed on
Feb 23, 2024
Sold by
Howe Sashay
Bought by
Howe Sashay and Thomas Kiron E
Seller's Agent
Kennesha Powell
Wynd Realty Georgia
Buyer's Agent
Tammy Robertson
Lokation Real Estate LLC
List Price
$409,900
Sold Price
$399,999
Premium/Discount to List
-$9,901
-2.42%
Views
660
Current Estimated Value
$401,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,461
Avg. Annual Appreciation
0.23%
Original Mortgage
$392,753
Outstanding Balance
$385,877
Interest Rate
6.66%
Mortgage Type
FHA
Estimated Equity
$15,583

Purchase Details

Closed on
Aug 25, 2023
Sold by
Ford Kwambi Adi and Davidson Carl
Bought by
Retrac International Llc

Purchase Details

Closed on
Dec 14, 2017
Sold by
Harris Lilton N
Bought by
Davidson Carl and Ford Kwambi Adi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2012
Sold by
Parrish Charles
Bought by
Harris Lilton N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2007
Sold by
Federal National Mortgage Association
Bought by
Parrish Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,800
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2006
Sold by
Netbank
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,200
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2003
Sold by
Homelife Communities Of Cobb Inc
Bought by
Young Carmetia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,966
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2003
Sold by
Exxell Developers Inc
Bought by
Homelife Communities Of Cobb Inc
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
Howe Sashay -- None Listed On Document
Howe Sashay $400,000 None Listed On Document
Retrac International Llc $273,500 None Listed On Document
Davidson Carl $190,000 --
Harris Lilton N $100,000 --
Parrish Charles -- --
Federal National Mortgage Association -- --
Netbank $178,579 --
Young Carmetia L $174,000 --
Homelife Communities Of Cobb Inc $1,017,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howe Sashay $392,753
Previous Owner Davidson Carl $152,000
Previous Owner Harris Lilton N $90,000
Previous Owner Parrish Charles $144,800
Previous Owner Netbank $36,200
Previous Owner Young Carmetia L $173,966
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $399,999 0.0% $163 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
01/17/2024 01/17/24 Price Changed $399,999 -2.4% $163 / Sq Ft
12/18/2023 12/18/23 For Sale $409,900 -- $167 / 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 $3,298 $109,400 $21,080 $88,320
2023 $4,375 $145,112 $28,000 $117,112
2022 $3,115 $102,648 $20,000 $82,648
2021 $2,701 $88,996 $16,000 $72,996
2020 $2,283 $75,220 $16,000 $59,220
2019 $2,283 $75,220 $16,000 $59,220
2018 $2,158 $71,100 $12,000 $59,100
2017 $1,755 $61,052 $12,000 $49,052
2016 $1,640 $57,052 $8,000 $49,052
2015 $1,536 $52,144 $8,000 $44,144
2014 $1,348 $45,376 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20163146

Georgia MLS

APN: 18-0111-0-002-0