$285,000
NEW CONSTRUCTION $15K PRICE DROP

697 Fayetteville Rd SE Unit 101 Atlanta, GA 30316

East Lake Neighborhood

Estimated payment $1,871/month

Total Views 23,082
2 Beds
2.5 Baths
1,164 Sq Ft
$245 Price per Sq Ft

Highlights

  • Open-Concept Dining Room
  • Property is near public transit
  • Solid Surface Countertops
  • New Construction
  • Farmhouse Style Home
  • Eat-In Kitchen

About This Home

Welcome to The Trust at East Lake - Where Luxury Meets Affordability! Get ready to experience the best of new construction living, thoughtfully designed by award-winning architect Kroneburg U+A! Nestled in the vibrant East Lake community, this stunning new townhome community brings together modern luxury, high-quality craftsmanship, and affordability - a rare and exciting combination! These beautiful homes are designed for buyers with incomes at or below 120% of the Area Median Income (AMI) - opening the door to incredible homeownership opportunities in one of Atlanta's most sought-after neighborhoods. Don't miss your chance to own a gorgeous, intentionally designed home where every detail has been carefully considered to offer the perfect blend of style and function. Developed by The Atlanta Land Trust and Davinci Development Collaborative, this community is redefining what's possible for affordable luxury living. Step inside and fall in love with the contemporary farmhouse design, flooded with natural light and featuring an open floor plan perfect for modern living. Your chef-inspired kitchen comes complete with a full appliance package (including refrigerator!), solid surface countertops, a spacious kitchen island with extra seating, and stylish shaker cabinets - all designed to make cooking and entertaining a breeze. The community itself is built with the future in mind - featuring electric car-ready stations, inviting green spaces, bicycle racks, and a charming community gazebo for neighbors to gather and connect. Living at The Trust at East Lake means having the best of East Atlanta right outside your door - from trendy restaurants and boutique shopping to beautiful parks, exciting events, and easy access to I-20. There's always something to discover! Plus, with a well-managed HOA ensuring this community is reserved for owner-occupants only, you'll enjoy long-term neighborhood stability and the pride that comes with homeownership in a close-knit community. This is truly a once-of-a-kind opportunity to own a brand-new luxury townhome in one of Atlanta's most dynamic and desirable neighborhoods. Don't let it pass you by and enjoy $5,000 in flex cash to use however you desire - your dream home at The Trust at East Lake is waiting!

Listing Agent

Benita Turner

HomeSmart License #343947 Listed on: 02/27/2025

HomeSmart

Co-Listing Agent

Diana Dandridge

HomeSmart License #380023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,734

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 1 Common Wall
  • Back Yard Fenced
  • Land Lease

HOA Fees

  • Property has a Home Owners Association

Parking

  • Assigned Parking

Home Design

  • Farmhouse Style Home
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,164 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Ceiling Fan
  • Family Room
  • Open-Concept Dining Room
  • Laminate Flooring
  • Laundry in Hall

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Ronald E Mcnair Elementary School
  • Mcnair - Dekalb Middle School
  • Mcnair High School

Utilities

  • Heating Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 15 173 08 094

Community Details

Overview

  • The Trust At East Lake Subdivision
  • Rental Restrictions

Recreation

  • Park

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,734

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Standard Status: Active
  • Property Type: Residential
  • MLS Status: Active
  • Property Sub Type: Townhouse
  • Architectural Style: Farmhouse, Townhouse
  • Property Condition: New Construction
  • Year Built: 2024
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 1164.00
  • Special Features: NewHome

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Laminate
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Kitchen Features: Eat-in Kitchen, Kitchen Island, Solid Surface Counters
  • Common Walls: 1 Common Wall
  • Additional Rooms: Family Room
  • Dining Room Features: Open Concept
  • Square Footage: 1164.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Roommate Floor Plan
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Roof Type: Composition
  • Fencing: Back Yard
  • Patio And Porch Features: Patio
  • Exterior Features: Lighting, Private Yard
  • Pool Private: No
  • Foundation: Slab

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: In Hall
  • Utilities: Electricity Available
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Insurance
  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc, Near Public Transport, Near Schools, Near Shopping, Park
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Monthly
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: The Trust at East Lake

Lot Info

  • Acres: 0.3000
  • Lot Features: Level
  • Parcel Number: 15 173 08 094
  • Horse Amenities: None
  • Land Lease: Yes
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1734.00
  • Tax Year: 2024

MLS Schools

  • Elementary School: Ronald E McNair
  • High School: McNair
  • Middle School: McNair - Dekalb

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 -- -- -- --
2024 $424 $40,520 $40,520 --
2023 $424 $40,520 $40,520 $0
2022 $328 $32,960 $32,960 $0
2021 $319 $32,000 $32,000 $0
2020 $349 $32,000 $32,000 $0
2019 $69 $6,320 $6,320 $0
2018 $189 $6,320 $6,320 $0
2017 $65 $6,320 $6,320 $0
2016 $63 $6,320 $6,320 $0
2014 $316 $6,400 $6,400 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2025 11/04/25 Price Changed $285,000 -3.3% $245 / Sq Ft
09/25/2025 09/25/25 Price Changed $294,800 -1.7% $253 / Sq Ft
09/25/2025 09/25/25 Price Changed $299,800 0.0% $258 / Sq Ft
02/27/2025 02/27/25 For Sale $299,800 +93.1% $258 / Sq Ft
11/27/2024 11/27/24 Sold $155,280 -44.4% $133 / Sq Ft View Prior Sale
11/07/2024 11/07/24 Pending -- -- --
04/07/2023 04/07/23 For Sale $279,360 -- $240 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Purchase History

Date Type Sale Price Title Company
Limited Warranty Deed $190,000 --
Limited Warranty Deed $250,000 --
Warranty Deed $215,160 --
Warranty Deed $155,280 --
Warranty Deed $215,160 --
Warranty Deed $279,360 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $154,500 New Conventional
Previous Owner $50,000 New Conventional
Previous Owner $117,280 New Conventional
Previous Owner $240,828 New Conventional
Previous Owner $185,918 New Conventional
Source: Public Records

Source: First Multiple Listing Service (FMLS)

MLS Number: 7531803

First Multiple Listing Service (FMLS)

APN: 15-173-08-094