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2985 Favor Road

2985 Favor Road, Marietta, GA 30060
Property in White Oak Farms
Sold Sep 01, 2020
$289,900
$231,920 by Truist Bank
Mortgage Due Sep 01, 2050
Sold Apr 21, 2017
$210,000
$178,500 by Fairway Independent Mortgage
Mortgage Due May 01, 2047
2985 Favor Road in Marietta, GA was first built in 1963 and is 61 years old. Although, the building on the property was most recently renovated and altered in 2017. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. It is a single story home. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2985 Favor Road has 1,198 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 600 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 1,270 ft and the linear feet between the front and back of the lot is 930. In total, the area measurement of the land is 11,811 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The home has a gable style roof. For those who need parking, there is a detached garage. The garage is 400 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2985 Favor Road sold most recently in Aug 31, 2020 for a total of $289,900. If you work out the math, that's approximately a cost of $241.99 per sqft. Before that, the property was also sold for $210,000 in Apr 21, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,806 in taxes each year. 2985 Favor Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $106,820. If we break it down further, the land itself was valued at $12,000. Improvements to the property, however, were assessed at a total of $94,820. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 2017
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 600
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 11,811
  • Lot Size Depth Feet: 930
  • Lot Size Frontage Feet: 1,270
  • Total Building Area: 1,198
  • Building Area: 1,198
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,198
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WHITE OAK FARMS
  • Land Acres: 0.271
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BAKER ELIZABETH M
  • Previous Owner : DEADRICK TAYLOR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cobb County School District
  • Census Tract: 031004

Geography

  • District: 9
  • Parcel: 17009000070
  • Municipality: UNINCORPORATED
  • Latitude: 33.8812
  • Longitude: -84.5706

    Address

  • Full Address: 2985 Favor Rd Sw
  • Address - House Number: 2985
  • Street Segment Direction: SW
  • Address - Street Name: Favor
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Marietta
  • Carrier Code: C010
  • 4-Digit Zip Code: 5175
  • Zip Code: 30060

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,806
  • Tax Rate Code Area: 9

    Appraisal Valuation

  • Standard Deviation: 0.1741
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 77
  • Final Value: 367,110
  • High Value: 431,046
  • Low Value: 303,174

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $231,920
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Sep 01, 2020
  • First Open Lien Mortgage Loan Amount: $231,920
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $267,050
  • Market Land Value: $30,000
  • Market Improvement Value: $237,050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $106,820
  • Assessed Land Value: $12,000
  • Assessed Improvements Value: $94,820

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 31, 2020
  • Current Sale Recording Date: Sep 01, 2020
  • Current Sale Transaction ID: 11786467163
  • Current Sale Price: $289,900
  • Current Sale Document Type: Limited Warranty Deed
  • Current Sale Input Document Number: 2020-0111444
  • Previous Sale Recording Date: Apr 21, 2017
  • Previous Sale Contract Date: Apr 21, 2017
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Sep 01, 2020
  • First Mortgage Loan Amount: $231,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE
  • Previous Mortgage Transaction Date: Apr 21, 2017
  • Previous Mortgage Loan Amount: $178,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2047

About White Oak Farms



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Unit for rent at 2804 Crest Ridge Way Sw, Marietta, GA, 30060

$2,690 /mo

  • 4 Beds
  • 3 Baths
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2804 Crest Ridge Way Sw, Marietta, GA, 30060 Listing by Taylor Crombie

Frequently Asked Questions

What neighborhood is 2985 Favor Road located in?
The 2985 Favor Road is a located in the neighborhood of White Oak Farms in White Oak Farms, Marietta.
What is the average sales price for listings in 2985 Favor Road?
The average sales price for units in 2985 Favor Road is $0 currently.

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