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401 Spence Road

401 Spence Road, Fairburn, GA 30213
Property in Fulton
Sold Mar 06, 2007
$94,000
$82,000 by Synovus Mtg Corp
Mortgage Due Mar 02, 2037
Sold Sep 04, 1997
$80,000
$40,800 by Nationsbanc Mtg Co
Mortgage
401 Spence Road in Fairburn, GA was first built in 1955 and is 69 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 401 Spence Road has 1,793 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. In total, the area measurement of the land is 17,990 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. The garage is 288 sqft. 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 fair. The exterior walls of the home are made of brick. 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 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, 401 Spence Road sold most recently in Mar 2, 2007 for a total of $94,000. If you work out the math, that's approximately a cost of $52.43 per sqft. Before that, the property was also sold for $80,000 in Aug 21, 1997. 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 $2,082 in taxes each year. 401 Spence Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $73,760. If we break it down further, the land itself was valued at $16,520. Improvements to the property, however, were assessed at a total of $57,240. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1955
  • Effective Year Built: 1955
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Building Quality: C-
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 288
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,990
  • Total Building Area: 1,793
  • Building Area: 1,793
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,793
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.413
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NO FBLA AN PICKED UP GARAGE

Ownership

  • Current Owner : PARKS BRENDA L
  • Previous Owner : STONE MARY E
  • Owner Before Previous Owner: THOMAS KAREN R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fulton County School District
  • Census Tract: 010519

Zoning

  • Zoning: R1

Geography

  • District: 25
  • Parcel: 09F100200470220
  • Block: A
  • Lot: 1
  • Municipality: CITY OF FAIRBURN
  • Latitude: 33.5579
  • Longitude: -84.5752

    Address

  • Full Address: 401 Spence Rd
  • Address - House Number: 401
  • Address - Street Name: Spence
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Fairburn
  • Carrier Code: C001
  • 4-Digit Zip Code: 1621
  • Zip Code: 30213

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,082
  • Tax Rate Code Area: 25

    Appraisal Valuation

  • Standard Deviation: 0.2382
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 66
  • Final Value: 240,179
  • High Value: 297,393
  • Low Value: 182,965

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $82,000
  • First Open Lien Mortgage Lender: SYNOVUS MTG CORP
  • First Open Lien Mortgage Recording Date: Mar 06, 2007
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $82,000
  • 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: Mar 02, 2037

    Market Valuation

  • Market Total Value: $184,400
  • Market Land Value: $41,300
  • Market Improvement Value: $143,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,760
  • Assessed Land Value: $16,520
  • Assessed Improvements Value: $57,240

    Sales

  • Current Sale Contract Date: Mar 02, 2007
  • Current Sale Recording Date: Mar 06, 2007
  • Current Sale Transaction ID: 1083342202
  • Current Sale Price: $94,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 04, 1997
  • Previous Sale Contract Date: Aug 21, 1997
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SYNOVUS MTG CORP
  • First Mortgage Transaction Date: Mar 06, 2007
  • First Mortgage Loan Amount: $82,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 02, 2037

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: NATIONSBANC MTG CO
  • Previous Mortgage Transaction Date: Sep 04, 1997
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $40,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Fairburn



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Frequently Asked Questions

What neighborhood is 401 Spence Road located in?
The 401 Spence Road is a located in the neighborhood of Fulton in Fairburn, Fairburn.
What is the average sales price for listings in 401 Spence Road?
The average sales price for units in 401 Spence Road is $0 currently.

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