$31,500
SOLD MAY 28, 2019

616 W Reed Rd La Fayette, GA 30728

Noble Neighborhood
3 Beds
1.5 Baths
1,104 Sq Ft
0.44 Acres

Recently Sold

$29 Per Sq Ft

47% Above List Price

6 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Bathtub with Shower
  • Contemporary Architecture
  • Porch
  • Living Room

About This Home

As of July 2020

Super price for this Lafayette home. The home features 3 bedrooms, 1.5 and an unfinished basement that could easily be used as extra storage or space to work on a hobby. Plenty of room to roam with the level lot. Convenient to town, shopping/restaurants, and schools.

Last Agent to Sell the Property

Shannon Arthur

Arthur Real Estate Serv., LLC License #183147 Listed on: 04/17/2019

Last Buyer's Agent

Carolyn Smith

RE Trade Real Estate License #204929

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $740

Year Built

  • Built in 1970

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 91x195x95x197
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Split Foyer
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,104 Sq Ft Home
  • Open Floorplan
  • Aluminum Window Frames
  • Living Room
  • Fire and Smoke Detector
  • No Kitchen Appliances
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Schools

  • Rock Spring Elementary School
  • Saddle Ridge Middle School
  • Lafayette High School

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Emerald Acres Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 03211 104

Home Details

Home Type

Single Family

Est. Annual Taxes

$740

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.44
  • Lot Size: 91x195x95x197
  • Subdivision Name: Emerald Acres
  • Directions: Hwy. 27 to West Reed Road. Home is on the right after about 0.6 miles.
  • Architectural Style: Contemporary, Split Foyer
  • Carport Y N: No
  • Garage Yn: Yes
  • Living Area: 1104.0
  • New Construction: No
  • Year Built: 1970
  • Location Tax and Legal Parcel Number2: 03211 104
  • Location Tax and Legal Elementary School: Rock Spring Elementary
  • Location Tax and Legal Middle Or Junior School2: Saddle Ridge Middle
  • Location Tax and Legal High School: LaFayette High
  • Location Tax and Legal:Tax Annual Amount: 740.27
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 1
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.44
  • General Property Information Lot Size Square Feet2: 19166.4
  • General Property Information Lot Size Dimensions: 91x195x95x197
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Flooring:Carpet: Yes
  • Interior Features Tub Shower Combo: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Architectural Style:Contemporary: Yes
  • Flooring:Vinyl: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Architectural Style Split Foyer: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: None
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Open Floorplan, Tub/shower Combo
  • Window Features: Aluminum Frames
  • Basement:Unfinished: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:None2: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Level: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Rock Spring Elementary
  • High School: LaFayette High
  • Middle Or Junior School: Saddle Ridge Middle

Lot Info

  • Lot Size Sq Ft: 19166.4
  • Additional Parcels: No
  • Parcel #: 03211 104
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 740.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Jul 15, 2020
Sold by
Volunteer Home Solutions Llc
Bought by
Hurst Stephen
Seller's Agent
Carolyn Smith
RE Trade Real Estate
Buyer's Agent
Nelda Camper
Realty Executives Associates
List Price
$134,900
Sold Price
$137,000
Premium/Discount to List
$2,100
1.56%
Current Estimated Value
$238,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,655
Avg. Annual Appreciation
11.92%
Original Mortgage
$134,518
Outstanding Balance
$120,603
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$118,052

Purchase Details

Listed on
Apr 17, 2019
Closed on
May 20, 2019
Sold by
United States Of America
Bought by
Volunteer Home Solutions Llc
Seller's Agent
Shannon Arthur
Arthur Real Estate Serv., LLC
Buyer's Agent
Carolyn Smith
RE Trade Real Estate
List Price
$21,500
Sold Price
$31,500
Premium/Discount to List
$10,000
46.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
267.25%

Purchase Details

Closed on
Sep 4, 2018
Sold by
Wilson Brenda J
Bought by
Usda Rural Development

Purchase Details

Closed on
Jul 8, 1991
Sold by
Shipp David E and Shipp Wf
Bought by
Wilson Brenda J

Purchase Details

Closed on
Feb 18, 1972
Sold by
Hicks George W and Hicks Harry E
Bought by
Shipp David E and Shipp Wf

Purchase Details

Closed on
Oct 25, 1967
Bought by
Hicks George W and Hicks Harry E
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $137,000 --
Quit Claim Deed $31,500 --
Foreclosure Deed -- --
Deed $47,000 --
Deed $18,100 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,520 FHA
Open $134,518 FHA
Previous Owner $121,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2024 09/21/24 Off Market $137,000 -- --
09/21/2024 09/21/24 Off Market $31,500 -- --
07/14/2020 07/14/20 Sold $137,000 +1.6% $124 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $134,900 +328.3% $122 / Sq Ft
05/28/2019 05/28/19 Sold $31,500 +46.5% $29 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $21,500 -- $19 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $1,898 $85,800 $7,066 $78,734
2023 $1,879 $83,231 $7,066 $76,165
2022 $1,770 $71,434 $7,066 $64,368
2021 $1,295 $46,066 $3,533 $42,533
2020 $965 $32,016 $3,533 $28,483
2019 $871 $27,944 $3,533 $24,411
2018 $740 $27,981 $3,570 $24,411
2017 $895 $27,981 $3,570 $24,411
2016 $766 $27,981 $3,570 $24,411
2015 $810 $28,115 $4,268 $23,847
2014 $724 $28,115 $4,268 $23,847
2013 -- $28,115 $4,268 $23,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1298164

Greater Chattanooga REALTORS®

APN: 03211-104