NOT LISTED FOR SALE

980 Mount Vernon Estates Dr Atlanta, GA 30338

Estimated Value: $1,606,000 - $1,908,000

6 Beds
6.5 Baths
7,038 Sq Ft
$250/Sq Ft Est. Value

Last Sold October 17, 2018

Last sale price $1,095,000 $156 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $11,286/month

88 Days on Market

Highlights

  • Home Theater
  • Separate his and hers bathrooms
  • Gated Community
  • Austin Elementary School Rated A-
  • Sitting Area In Primary Bedroom
  • Dining Room Seats More Than Twelve

About This Home

As of October 2018

Incredible New Price & Great Opportunity for Buyer Looking for Newer Construction in TOP School District & Fab Locatn! Gated Enclave Mins from Pill Hill & Many HQs & Walk to Shops/Dining! Popular Branches Swim/Ten! Incredible Entertain Space*Gorgeous Details Thruout! 10’+ Ceil, Coffered Ceil, Library, Office & Guest on Main*All New Paint/Carpet*Gourmet Kitch Opens to Fireside Great Rm & Living Rm w Doors to Brick Porch*Lux Mst Ste & Bath w Huge Walkns*Modern New Terrace Level-Billiard Rm, 2 Entertain Rms, Bar & Doors to Patio*3 Car Garage*Flagstne Courtyd*TAKE 3D TOUR!

Last Agent to Sell the Property

KAREN CANNON

Karen Cannon Realtors Inc License #260220 Listed on: 06/18/2018

Last Buyer's Agent

Tracy McCusker

Atlanta Fine Homes Sotheby's International License #206515

Atlanta Fine Homes Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,420

Year Built

  • Built in 2008

Lot Details

  • 0.4 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Fenced
  • Corner Lot
  • Level Lot
  • Garden

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 7,038 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 10 feet on the main level
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 5 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Home Theater
  • Home Office
  • Computer Room
  • Bonus Room
  • Game Room
  • Keeping Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Dual Closets
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Natural lighting in basement

Schools

  • Austin Elementary School
  • Peachtree Middle School
  • Dunwoody High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Accessible Hallway
  • Energy-Efficient Windows
  • Deck

Listing and Financial Details

  • Legal Lot and Block 4 / A
  • Assessor Parcel Number 18 364 04 031

Community Details

Overview

  • $2,750 Initiation Fee
  • Mount Vernon Estates Subdivision

Recreation

  • Swim Team
  • Swim or tennis dues are optional

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,420

Year Built

Built in 2008

Lot Details

0

HOA Fees

$167 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2008
  • Accessibility Features: Accessible Hallway(s)
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Basement, Family Room, Living Room, Master Bedroom
  • Number Of Fireplaces: 5
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Interior Amenities: Bookcases, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, His and Hers Closets, Low-Flow Fixtures, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Basement: Daylight, Exterior Entry, Finished, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Keeping Room, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Computer Room, Family Room, Game Room, Great Room - 1 Story, Media Room, Office
  • Dining Room Features: Butlers Pantry, Seats 12+
  • Square Footage: 7038.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 6
  • Bedroom Features: Sitting Room
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Full Baths: 6
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Deck
  • Exterior Features: Garden

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Attached, Kitchen Level, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available

Condo/Co-op/Association

  • Community Features: Gated, Homeowners Assoc, Street Lights, Swim Team
  • Association Fee: 2000
  • Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Optional
  • Association: Yes
  • Subdivision Complex: MOUNT VERNON ESTATES

Schools

  • Elementary School: Austin
  • Middle School: Peachtree
  • High School: Dunwoody

Lot Info

  • Acres: 0.4000
  • Lot: 4
  • Lot Features: Corner Lot, Cul-De-Sac, Level
  • Lot Dimensions: .4
  • Parcel Number: 18 364 04 031
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows

Rental Info

  • Initiation Fee: 2750

Tax Info

  • Taxes: 12420.00
  • Assessor Parcel Number: 18-364-04-031
  • Close Date: 2018-10-17
  • Tax Year: 2016

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Austin
  • High School: Dunwoody
  • Middle School: Peachtree

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2018
Closed on
Oct 17, 2018
Sold by
Naran Hemant M
Bought by
Niazi Khusrow A K and Niazi Fareeha Jan
Seller's Agent
KAREN CANNON
Karen Cannon Realtors Inc
Buyer's Agent
Tracy McCusker
Atlanta Fine Homes Sotheby's International
List Price
$1,260,000
Sold Price
$1,095,000
Premium/Discount to List
-$165,000
-13.1%
Current Estimated Value
$1,760,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$665,993
Avg. Annual Appreciation
7.26%

Purchase Details

Closed on
Aug 27, 2008
Sold by
Quantum Natl Bk
Bought by
Naran Hemant M and Naran Rachana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$718,400
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2008
Sold by
Webco Builders Inc
Bought by
Quantum National Bank

Purchase Details

Closed on
Mar 3, 2006
Sold by
Plank Road Dev Llc
Bought by
Webco Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.04%

Purchase Details

Closed on
Jul 13, 2004
Sold by
Tb One Llc
Bought by
Plank Road Dev Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$658,000
Interest Rate
6.24%
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 Buyer Sale Price Title Company
Niazi Khusrow A K $1,095,000 --
Naran Hemant M $898,000 --
Quantum National Bank $761,489 --
Webco Builders Inc -- --
Plank Road Dev Llc $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Naran Hemant M $550,000
Previous Owner Naran Hemant M $404,968
Previous Owner Naran Hemant M $417,000
Previous Owner Naran Hemant M $370,500
Previous Owner Naran Hemant M $718,400
Previous Owner Webco Builders Inc $750,000
Previous Owner Plank Road Dev Llc $658,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2018 10/17/18 Sold $1,095,000 -4.7% $156 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
09/04/2018 09/04/18 Price Changed $1,149,000 -3.0% $163 / Sq Ft
07/25/2018 07/25/18 Price Changed $1,185,000 -6.0% $168 / Sq Ft
06/18/2018 06/18/18 For Sale $1,260,000 0.0% $179 / Sq Ft
12/30/2016 12/30/16 Rented $4,500 0.0% --
12/13/2016 12/13/16 For Rent $4,500 0.0% --
12/01/2016 12/01/16 Rented $4,500 0.0% --
11/28/2016 11/28/16 For Rent $4,500 -- --
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 $18,290 $692,440 $126,000 $566,440
2023 $18,290 $681,520 $126,000 $555,520
2022 $16,015 $584,480 $126,000 $458,480
2021 $13,443 $481,840 $126,000 $355,840
2020 $13,255 $459,280 $126,000 $333,280
2019 $12,505 $438,000 $122,680 $315,320
2018 $12,781 $443,160 $126,000 $317,160
2017 $13,303 $407,280 $114,560 $292,720
2016 $12,420 $390,560 $114,560 $276,000
2014 $7,240 $223,880 $114,120 $109,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6029187

First Multiple Listing Service (FMLS)

APN: 18-364-04-031