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555 Salem Woods Drive

555 Salem Woods Drive, Marietta, GA 30067
Property in Salem Woods
Sold Aug 21, 2018
$200,000
$137,550 by Hsbc Bank Usa
Mortgage Due Jan 01, 2048
Sold Jun 30, 2008
$183,500
$180,664 by Countrywide Bk Fsb
Mortgage Due Jun 26, 2038
Local assessors in Marietta, GA have categorized 555 Salem Woods Drive as a residential type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 2,516 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 555 Salem Woods Drive has a total of 1,682 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 825 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 555 Salem Woods Drive sold most recently in Aug 21, 2018 for a total of $200,000. If you work out the math, that's approximately a cost of $118.91 per sqft. Before that, the property was also sold for $183,500 in Jun 26, 2008. 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 $3,173 in taxes each year. 555 Salem Woods Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $104,544. If we break it down further, the land itself was valued at $19,200. Improvements to the property, however, were assessed at a total of $85,344. 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: 1984
  • Effective Year Built: 1984
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Excellent
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 825
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 2,516
  • Total Building Area: 1,682
  • Building Area: 1,682
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,682
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SALEM WOODS
  • Land Acres: 0.057
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : RUBY JOSEPH DAVID
  • Current Owner 2: MARANIA VILMA TOMINES
  • Previous Owner : TYLER TIMOTHY
  • Owner Before Previous Owner: WALDO DAVID T

Neighborhood

  • School District Name: Cobb County School District
  • Census Tract: 030407

Geography

  • District: 9
  • Parcel: 17079000440
  • Municipality: UNINCORPORATED
  • Latitude: 33.9371
  • Longitude: -84.4841

    Address

  • Full Address: 555 Salem Woods Dr Se
  • Address - House Number: 555
  • Street Segment Direction: SE
  • Address - Street Name: Salem Woods
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Marietta
  • Carrier Code: C006
  • 4-Digit Zip Code: 7161
  • Zip Code: 30067

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,173
  • Tax Rate Code Area: 9

    Appraisal Valuation

  • Standard Deviation: 0.1604
  • Valuation Date: Mar 08, 2023
  • Confidence Score: 80
  • Final Value: 315,550
  • High Value: 366,188
  • Low Value: 264,913

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $137,550
  • First Open Lien Mortgage Lender: HSBC BANK USA
  • First Open Lien Mortgage Recording Date: Aug 21, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $137,550
  • 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: Jan 01, 2048

    Market Valuation

  • Market Total Value: $261,360
  • Market Land Value: $48,000
  • Market Improvement Value: $213,360

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $104,544
  • Assessed Land Value: $19,200
  • Assessed Improvements Value: $85,344

    Sales

  • Current Sale Contract Date: Aug 21, 2018
  • Current Sale Recording Date: Aug 21, 2018
  • Current Sale Transaction ID: 11509414499
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 30, 2008
  • Previous Sale Contract Date: Jun 26, 2008
  • Previous Sale Amount: $183,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HSBC BANK USA
  • First Mortgage Transaction Date: Aug 21, 2018
  • First Mortgage Loan Amount: $137,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE BK FSB
  • Previous Mortgage Transaction Date: Jun 30, 2008
  • Previous Mortgage Loan Amount: $180,664
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 26, 2038

About East Cobb



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Frequently Asked Questions

What neighborhood is 555 Salem Woods Drive located in?
The 555 Salem Woods Drive is a located in the neighborhood of Salem Woods in East Cobb, Marietta.
What is the average sales price for listings in 555 Salem Woods Drive?
The average sales price for units in 555 Salem Woods Drive is $0 currently.

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