$155,280
SOLD NOV 27, 2024

697 Fayetteville Rd SE Unit 101 Atlanta, GA 30316

East Lake Neighborhood
2 Beds
2.5 Baths
1,164 Sq Ft
0.3 Acres

Recently Sold

$133 Per Sq Ft

44% Below List Price

580 Days on Market

Highlights

  • Contemporary Architecture
  • Walk-In Closet
  • Property is near shops
  • Solid Surface Countertops
  • Kitchen Island
  • Central Heating and Cooling System

About This Home

As of November 2024

**PHASE 1 WILL BE COMPLETED IN LATE FALL 2024. THESE ARE TO BE BUILT AND THERE IS NO MODEL HOME AVAILABLE** Welcome Home to The Trust at East Lake where affordability, luxury, and high-quality living come together. This new townhome community will include homes for buyers whose incomes are at or below 120% AMI(Area Median Income). Do not miss out on a unique opportunity to live in the beautiful East Lake community in an intentionally designed high-quality home. Enjoy all East Atlanta has to offer in this newly constructed community developed by The Atlanta Land Trust and Davinci Development Collaborative. These contemporary farmhouse style townhomes feature all electric living with an open floor plan with plenty of natural light. Enjoy a full kitchen appliance package that includes a refrigerator as well as solid surface counter tops, kitchen island with space for extra seating, and shaker style cabinets. This community will feature electric car ready stations, community green spaces, bicycle racks, and a community gazebo. East Atlanta offers an abundance of restaurants, parks, recreation, events, shopping, proximity to I-20 and unique attractions. There is no shortage of excitement and opportunity to explore!! Experience being among the first to secure a permanently affordable townhome in a vibrant area at prices that still allow you the luxury of living a full life! *RENDERINGS DO NOT REPRESENT ACTUAL FINISHES* DOWN PAYMENT ASSISTANCE AVAILABLE TO ELIGIBLE BUYERS!

Last Agent to Sell the Property

Benita Turner

HomeSmart License #343947 Listed on: 04/07/2023

HomeSmart

Co-Listed By

Diana Dandridge

HomeSmart License #380023

HomeSmart

Last Buyer's Agent

Diana Dandridge

HomeSmart License #380023

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,394

Year Built

  • Built in 2024

Parking

  • Parking Accessed On Kitchen Level

Home Design

  • Home to be built
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Tin Roof

Interior Spaces

  • 1,164 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Laundry on upper level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub Includes Tile Surround

Location

  • Property is near shops

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Property has a Home Owners Association
  • The Trust At East Lake Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,394

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2024
  • ArchitecturalStyle: Contemporary
  • Lower Level Half Bathrooms: 1
  • Co List Office: PHPA01
  • Financing Type: Other
  • Levels: Two
  • Lot Size Acres: .30
  • Property Sub-Type: Townhouse
  • Structure Type: House
  • Total Finished Area2: 1164
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Microwave, Oven/Range (Combo), Refrigerator
  • Bedrooms: 2
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: None
  • Total Finished Sq Ft: 1164
  • Above Grade Finished Sq Ft: 1164
  • Interior Amenities: Tile Bath, Walk-In Closet(s), Roommate Plan
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Vinyl
  • Kitchen Features: Kitchen Island, Solid Surface Counters
  • Price Per Square Foot: 133.402

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Other
  • Foundation Details: Slab
  • Lot Features: None
  • Property Condition: To Be Built
  • Roof: Composition, Tin

Garage/Parking

  • Parking Features: Kitchen Level

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Electric, Central
  • Laundry Features: Laundry Closet, Upper Level
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, High Speed Internet
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Walk To Shopping

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Ronald E McNair
  • High School: Mcnair
  • Middle School: Mcnair
  • Elementary School: Ronald E McNair
  • Middle School: Mcnair
  • High School: Mcnair

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1393.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2025
Sold by
Diaz Josue
Bought by
Wicker Erin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$49,916
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$200,403

Purchase Details

Listed on
Apr 7, 2023
Closed on
Nov 27, 2024
Sold by
Atlanta Land Trust Inc
Bought by
Diaz Josue
Seller's Agent
Benita Turner
HomeSmart
Buyer's Agent
Diana Dandridge
HomeSmart
List Price
$279,360
Sold Price
$155,280
Premium/Discount to List
-$124,080
-44.42%
Views
610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.76%
Original Mortgage
$117,280
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2023
Closed on
Nov 21, 2024
Sold by
Atlanta Land Trust Inc
Bought by
Allen Chloe Gabrielle
Seller's Agent
Benita Turner
HomeSmart
Buyer's Agent
Diana Dandridge
HomeSmart
List Price
$279,360
Sold Price
$155,280
Premium/Discount to List
-$124,080
-44.42%
Views
610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,280
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2022
Sold by
Glenwood & Fayetteville Development Llc
Bought by
Alt Fayetteville 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
Limited Warranty Deed $250,000 --
Warranty Deed $155,280 --
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 $50,000 New Conventional
Previous Owner $117,280 New Conventional
Previous Owner $20,000 New Conventional
Previous Owner $175,160 New Conventional
Previous Owner $240,828 New Conventional
Previous Owner $185,918 New Conventional
Previous Owner $20,000 New Conventional
Previous Owner $12,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
11/07/2024 11/07/24 Pending -- -- --
04/07/2023 04/07/23 For Sale $279,360 -- $240 / 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
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

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20115181

Georgia MLS

APN: 15-173-08-094