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1540 Ethans Way

1540 Ethans Way, Mcdonough, GA 30252
Sold Jul 20, 2021
$315,000
$295,367 by Mr Cooper
Mortgage Due Jan 01, 2064
Sold May 02, 2007
$241,000
$192,750 by Opteum Fin'l Svcs Llc
Mortgage Due Apr 19, 2037
1540 Ethans Way has been categorized by the local assessors in Mcdonough, GA as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1540 Ethans Way has 3,280 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,588 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 426 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B- by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of brick veneer. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1540 Ethans Way was last sold in Jul 20, 2021 for $315,000. According to our calculations, that's $96.04 per sqft. Prior to that sales transaction, the property was sold for $241,000 in Apr 19, 2007. Current property owners are expected to pay $5,542 in taxes per year. The property on 1540 Ethans Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $148,120. To break that down further, the land itself was valued at $16,000. While improvements to the property were assessed at a total of $132,120. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B-
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 426
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,588
  • Total Building Area: 3,280
  • Gross Building Area: 4,326
  • Building Area: 3,280
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,280
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MOUNTAIN BROOK VILAG
  • Land Acres: 0.243
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LLOT: 90 LDIST:7 LOT:64 UNIT:2

Ownership

  • Current Owner : BROCKINGTON RHONDA
  • Previous Owner : EJAMI INVESTMENTS LLC
  • Owner Before Previous Owner: D R HORTON INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Henry County School District
  • Census Tract: 070307

Geography

  • Assessors Map Reference: MB 40 PG 154
  • District: 7
  • Parcel: 105E01064000
  • Lot: 90
  • Municipality: MCDONOUGH
  • Latitude: 33.4679
  • Longitude: -84.1314

    Address

  • Full Address: 1540 Ethans Way
  • Legal Unit: 2
  • Address - House Number: 1540
  • Address - Street Name: Ethans
  • Address - Suffix Type: Way
  • State: GA
  • City Name: Mcdonough
  • Carrier Code: R014
  • 4-Digit Zip Code: 1714
  • Zip Code: 30252

Valuation

    Tax

  • Total Area: 3,285
  • Tax Year: 2023
  • Tax Amount: $5,542
  • Tax Rate Code Area: 0002

    Appraisal Valuation

  • Standard Deviation: 0.1425
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 83
  • Final Value: 394,961
  • High Value: 451,256
  • Low Value: 338,667

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $383,977
  • First Open Lien Mortgage Lender: MR COOPER
  • First Open Lien Mortgage Recording Date: Jan 30, 2024
  • First Open Lien Mortgage Loan Amount: $295,367
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2064
  • Second Open Lien Mortgage Lender: US DEPARTMENT OF HOUSING AND U
  • Second Open Lien Mortgage Recording Date: Jan 30, 2024
  • Second Open Lien Mortgage Loan Amount: $88,610
  • Second Open Lien Mortgage Term: 480
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2064

    Market Valuation

  • Market Total Value: $370,300
  • Market Land Value: $40,000
  • Market Improvement Value: $330,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $148,120
  • Assessed Land Value: $16,000
  • Assessed Improvements Value: $132,120

    Sales

  • Current Sale Contract Date: Jul 20, 2021
  • Current Sale Recording Date: Jul 20, 2021
  • Current Sale Transaction ID: 11846344345
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-007762
  • Previous Sale Recording Date: May 02, 2007
  • Previous Sale Contract Date: Apr 19, 2007
  • Previous Sale Amount: $241,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCE
  • First Mortgage Transaction Date: Jul 20, 2021
  • First Mortgage Loan Amount: $309,294
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: OPTEUM FIN'L SVCS LLC
  • Previous Mortgage Transaction Date: May 02, 2007
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $192,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 19, 2037

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Frequently Asked Questions

What neighborhood is 1540 Ethans Way located in?
The 1540 Ethans Way is a located in the neighborhood of Mountain Brook Village in Mountain Brook Village, Mcdonough.
What is the average sales price for listings in 1540 Ethans Way?
The average sales price for units in 1540 Ethans Way is $0 currently.

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