NOT LISTED FOR SALE

7470 Island Mill Rd SE Acworth, GA 30102

Estimated Value: $1,206,000 - $1,438,000

1 Acre
$1,290,341 Price per Acre
43,560 Sq Ft Lot

Last Sold September 12, 2013

Last sale price $260,000

Est. 396% increase in value since last sale

Current estimated payment $7,601/month

Highlights

  • Lake Front
  • Lake On Lot
  • Partially Wooded Lot
  • Covered dock with two slips

About This Lot

As of September 2013

ONE OF A KIND 1 ACRE, DEEP WATER DOCK, LAKE FRONT PROPERTY. PERHAPS THE ONLY ONE ON LAKE ALLATOONA! 2 STORY RETRACTABLE PARTY DOCK WITH SINGLE BOAT SLIP AND SUN DECK. BASEMENT PAD SITE READY TO BUILD YOUR LUXURY HOME ON 'MILLIONAIRE ROAD'. THIS LOT IS ABSOLUTELY GORGEOUS, WOODED AND PRIVATE! NEW DRIVEWAY. SEPTIC SYSTEM HAS 1,500 HOLDING TANK AND 1,000 GALLON PUMP TANK. ENOUGH TO BUILD A 5 BATHROOM HOME, PLUS A 50 GALLON RV TANK. THE PERFECT LAKE LOT!!!!!!!

Last Agent to Sell the Property

Teena Regan

22one Realty Company License #302859 Listed on: 03/26/2013

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,790

Lot Details

  • 1 Acre Lot
  • Lake Front
  • Sloped Lot
  • Partially Wooded Lot
  • Landscaped with Trees
  • Property is zoned R-40

Outdoor Features

  • Covered dock with two slips
  • Lake On Lot

Schools

  • Allatoona Elementary School
  • Red Top Middle School
  • Woodland - Bartow High School

Utilities

  • Septic Tank

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 7470IslandMillRDSE

Property Details

Property Type

Land

Est. Annual Taxes

$8,790

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Current Classification: Undeveloped/Zoned Residential
  • Property Condition: Resale
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Exterior Features

  • Lake Name: Allatoona

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available

Schools

  • Elementary School: Allatoona
  • Middle School: Red Top
  • High School: Woodland - Bartow

Lot Info

  • Acres: 1.0000
  • Lot: 44
  • Timber: Hardwoods
  • Land/Lot: 708
  • Possible Use: Residential
  • Section G M D: 2
  • Current Zoning: R-40
  • Current Use: Residential
  • Lot Features: Lake On Lot, Sloped
  • Lot Dimensions: 1-2 Acres
  • Parcel Number: 7470IslandMillRDSE
  • Price Acre Dollar: 275000.00
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 0115A00002014
  • Close Date: 2013-09-12
  • Tax Year: 2012

Multi Family

  • Waterfront Features: Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Allatoona
  • High School: Woodland - Bartow
  • Middle School: Red Top

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2018
Sold by
Rene Fountain F
Bought by
Jackson Jarvis Christopher
Current Estimated Value
$1,290,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,000
Outstanding Balance
$397,780
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$892,561

Purchase Details

Listed on
Mar 26, 2013
Closed on
Sep 12, 2013
Sold by
Singleton James Daniel
Bought by
Fountain F Rene
Seller's Agent
Teena Regan
22one Realty Company
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$325,000
Sold Price
$260,000
Premium/Discount to List
-$65,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.18%

Purchase Details

Closed on
Oct 29, 2009
Sold by
Litrel Michael J
Bought by
Singleton James Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2005
Sold by
Terrell Shelli D
Bought by
Litrel Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2005
Sold by
Pecchio Charles
Bought by
Terrell Shelli D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,291
Interest Rate
5.57%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jackson Jarvis Christopher $737,500 --
Fountain F Rene $260,000 --
Singleton James Daniel $350,000 --
Litrel Michael J $325,000 --
Terrell Shelli D $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Jarvis Christopher $493,000
Previous Owner Singleton James Daniel $280,000
Previous Owner Litrel Michael J $258,750
Previous Owner Litrel Michael J $32,500
Previous Owner Terrell Shelli D $205,291
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2013 09/12/13 Sold $260,000 -20.0% --
08/22/2013 08/22/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $325,000 -- --
Source: First Multiple Listing Service (FMLS)

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 $8,790 $368,146 $120,000 $248,146
2023 $8,790 $363,195 $110,000 $253,195
2022 $9,061 $363,454 $110,000 $253,454
2021 $7,872 $301,692 $110,000 $191,692
2020 $7,875 $291,692 $100,000 $191,692
2019 $7,910 $289,938 $100,000 $189,938
2018 $7,845 $281,581 $100,000 $181,581
2017 $7,423 $265,120 $103,760 $161,360
2016 $7,479 $265,120 $103,760 $161,360
2015 $7,492 $265,120 $103,760 $161,360
2014 $3,035 $104,000 $101,200 $2,800
2013 -- $120,000 $120,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5126326

First Multiple Listing Service (FMLS)

APN: 0115A-0002-014