$135,000
SOLD OCT 20, 2014

7995 Rico Rd Palmetto, GA 30268

3 Beds
2 Baths
2,789 Sq Ft
2 Acres

Recently Sold

$48 Per Sq Ft

8% Below List Price

181 Days on Market

Highlights

  • Bonus Room
  • Den
  • Programmable Thermostat
  • Solarium
  • Double Pane Windows
  • Combination Dining and Living Room

About This Home

As of June 2022

Estate has REDUCED! Bring your first time home buyer who loves Serenbe and all that Chatt Hills has to offer. . . 1940s farm house boasts tons of space inside and sits on 2 acres of land perfect for small animals. The picturesque barn can be shored up and used & the chicken coop wood is great for rebuilding. Inside, enjoy hardwood floors, 3 fireplaces, huge screened deck, laundry/mudroom, bedroom & bonus upstairs w/ lovely views. Interior breezeway from garage to kitchen (home is handicap accessible). Less than 10 min. to I-85, but feel like you're far away! Cheese farm nearby & so is new Charter School...DO NOT MISS this opportunity! Home Warranty for dual systems, new hot water heater, etc.

Last Agent to Sell the Property

Deborah Belyeu

Georgia Land Resources, LLC License #352084 Listed on: 02/13/2014

Last Buyer's Agent

Deborah Belyeu

Georgia Land Resources, LLC License #352084 Listed on: 02/13/2014

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,589

Year Built

  • 1947

Home Design

  • Ceiling Insulation

Interior Spaces

  • 2,789 Sq Ft Home
  • Double Pane Windows
  • Combination Dining and Living Room
  • Den
  • Bonus Room
  • Solarium
  • Storm Doors

Basement

  • Walk-Out Basement
  • Partial Basement
  • Block Basement Construction
  • Earthen Basement
  • Natural lighting in basement

Schools

  • Palmetto / Fulton / Fulton County Elementary School
  • Bear Creek / Fulton / Fulton County Middle School
  • Creekside / Fulton / Fulton County High School

Utilities

  • Programmable Thermostat
  • Well
  • Gas Water Heater
  • Septic Tank

Property Details

Home Type

Other

Est. Annual Taxes

$4,589

Year Built

1947

Lot Details

0

Listing Details

  • Accessibility: Bath Access Wheelchair, Ramps, Stepless Entry
  • Special Features: None
  • Year Built: 1947

Interior Features

  • Basement: Block, Daylight, Earthen, Outside Entrance, Partial
  • Kitchen Equipment: Separate Cooktop, Dishwasher, Icemaker Line, Built-In Microwave, Wall Oven, Refrigerator
  • Interior Amenities: Attic Expandable, Bookcases, Cable TV Connections, Gas Logs, Handicap Access, Hardwood Floors, Separate Shower, Skylight, Tile Floors, Walk-in Closet, Wall-to-wall Carpet
  • Laundry Location: Mud Room
  • Laundry Type: Room
  • Kitchen / Breakfast: Breakfast Area, Country Kitchen, Pantry, Solid Surface Counters
  • Above Grade Finished Sq Ft: 2789

Exterior Features

  • Construction: Aluminum/Vinyl
  • Exterior Features: Barn, Deck/Patio, Garden Area, Out Building, Porch, Screen Porch
  • Roof Type: Composition

Garage/Parking

  • Parking: 2 Car, Auto Garage Door, Garage, Kitchen Level Entry, Parking Pad, Side/Rear Entrance

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central, Zoned/Dual
  • Heating Fuel: Gas, Propane
  • Heating: Forced Air, Zoned/Dual
  • Energy Features: Double Pane/Thermo, Ceiling Insulation, Programmable Thermostat, Storm Doors, Gas Water Heater
  • Water/Sewer: Septic Tank, Well

Schools

  • Elementary School: Palmetto / Fulton / Fulton County, GA
  • Elementary Bus Line: Yes
  • High School: Creekside / Fulton / Fulton County, GA
  • High School Bus: Yes
  • Middle School: Bear Creek / Fulton / Fulton County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Private Backyard
  • Lot Size: 2-5 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2023
Sold by
Ajmer Lord
Bought by
Ajmer Lord Trust and Lord Ajmer Trust
Current Estimated Value
$468,505

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 6, 2022
Sold by
Fanelli Bart
Bought by
Ajmar Lord
Seller's Agent
Sandra Storrar
Atlanta Fine Homes - Sotheby's Int'l
Buyer's Agent
Justin Hall
NEWROCK Realty LLC
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%

Purchase Details

Closed on
May 16, 2019
Sold by
Terranova Tiffany
Bought by
Fanelli Bart and Fanelli Erica

Purchase Details

Listed on
Feb 13, 2014
Closed on
Oct 20, 2014
Sold by
Turner Louise S
Bought by
Terranova Todd R and Terranova Tiffany
Seller's Agent
Deborah Belyeu
Georgia Land Resources, LLC
Buyer's Agent
Deborah Belyeu
Georgia Land Resources, LLC
List Price
$146,500
Sold Price
$135,000
Premium/Discount to List
-$11,500
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.78%
Original Mortgage
$137,755
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2010
Sold by
Turner James W
Bought by
Turner Louise S

Purchase Details

Closed on
Jan 9, 2003
Sold by
Hannah Herald A
Bought by
Turner James W

Purchase Details

Closed on
Aug 31, 2001
Sold by
Eidson Harold
Bought by
Hannah Herald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,814
Interest Rate
6.87%
Mortgage Type
FHA
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 Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed $325,000 --
Warranty Deed $300,000 --
Warranty Deed $135,000 --
Quit Claim Deed -- --
Deed $100,000 --
Deed $9,000 --
Deed $63,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $33,397 New Conventional
Previous Owner $174,000 New Conventional
Previous Owner $137,755 New Conventional
Previous Owner $80,000 Stand Alone Second
Previous Owner $62,814 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $325,000 0.0% $103 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $325,000 +140.7% $103 / Sq Ft
10/20/2014 10/20/14 Sold $135,000 0.0% $48 / Sq Ft
10/20/2014 10/20/14 Sold $135,000 -2.7% $48 / Sq Ft
09/20/2014 09/20/14 Pending -- -- --
08/14/2014 08/14/14 Pending -- -- --
06/30/2014 06/30/14 Price Changed $138,700 -5.3% $50 / Sq Ft
03/18/2014 03/18/14 For Sale $146,500 0.0% $53 / Sq Ft
02/13/2014 02/13/14 For Sale $146,500 -- $53 / 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
2025 $4,589 $156,440 $19,640 $136,800
2023 $4,589 $130,000 $19,080 $110,920
2022 $3,400 $96,280 $15,080 $81,200
2021 $3,420 $93,480 $14,640 $78,840
2020 $3,490 $92,360 $14,480 $77,880
2019 $1,919 $50,600 $14,200 $36,400
2018 $1,656 $43,320 $19,040 $24,280
2017 $1,631 $41,640 $18,320 $23,320
2016 $1,671 $41,640 $18,320 $23,320
2015 $1,676 $41,640 $18,320 $23,320
2014 $1,733 $41,640 $18,320 $23,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07220094

Georgia MLS

APN: 08-1300-0043-135-1