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631 Favorwood Drive

631 Favorwood Drive, Marietta, GA 30060
House in Favorwood
Sold Apr 29, 2020
$185,000
$181,649 by Everett Financial Inc
Mortgage Due May 01, 2050
Sold Dec 30, 2016
$142,500
$138,225 by Homeservices Lending Llc
Mortgage Due Jan 01, 2047
Local assessors in Marietta, GA have categorized 631 Favorwood Drive as a residential type of property. The home was built in 1971 and is 53 years old. It was most recently renovated and altered in 2015. The property's lot size has been calculated to be 13,015 square feet. The linear feet between the front and back of the lot was measured at 950 ft and the front of the lot was measured at 1,370 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 631 Favorwood Drive has a total of 1,616 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a screened 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. 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+. The building has a hip style roof. 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. 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, 631 Favorwood Drive was last sold in Apr 14, 2020 for $185,000. According to our calculations, that's $114.48 per sqft. Prior to that sales transaction, the property was sold for $142,500 in Dec 30, 2016. Current property owners are expected to pay $1,879 in taxes per year. The property on 631 Favorwood Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $74,000. To break that down further, the land itself was valued at $11,640. While improvements to the property were assessed at a total of $62,360. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Brick Exterior

Parking

Carport
Attached Garage

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 2015
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Excellent
  • Building Quality: C+
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Hip
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 13,015
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 1,370
  • Total Building Area: 1,616
  • Building Area: 1,616
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,616
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAVOR WOOD
  • Land Acres: 0.298
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CARROLL JESSICA
  • Current Owner 2: UPCHURCH PHILLIP
  • Previous Owner : ARMSTRONG JORDAN A
  • Owner Before Previous Owner: PEREZ YOLANDA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cobb County School District
  • Census Tract: 031005

Geography

  • District: 9
  • Parcel: 17008800530
  • Municipality: UNINCORPORATED
  • Latitude: 33.8911
  • Longitude: -84.5707

    Address

  • Full Address: 631 Favorwood Dr Sw
  • Address - House Number: 631
  • Street Segment Direction: SW
  • Address - Street Name: Favorwood
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Marietta
  • Carrier Code: C010
  • 4-Digit Zip Code: 5105
  • Zip Code: 30060

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,879
  • Tax Rate Code Area: 9

    Appraisal Valuation

  • Standard Deviation: 0.1905
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 74
  • Final Value: 303,534
  • High Value: 361,384
  • Low Value: 245,684

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $181,649
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Apr 29, 2020
  • First Open Lien Mortgage Loan Amount: $181,649
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $185,000
  • Market Land Value: $29,100
  • Market Improvement Value: $155,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,000
  • Assessed Land Value: $11,640
  • Assessed Improvements Value: $62,360

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 14, 2020
  • Current Sale Recording Date: Apr 29, 2020
  • Current Sale Transaction ID: 11761214404
  • Current Sale Price: $185,000
  • Current Sale Document Type: Limited Warranty Deed
  • Current Sale Input Document Number: 2020-0050641
  • Previous Sale Recording Date: Dec 30, 2016
  • Previous Sale Contract Date: Dec 30, 2016
  • Previous Sale Amount: $142,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL INC
  • First Mortgage Transaction Date: Apr 29, 2020
  • First Mortgage Loan Amount: $181,649
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: HOMESERVICES LENDING LLC
  • Previous Mortgage Transaction Date: Jan 10, 2017
  • Previous Mortgage Loan Amount: $138,225
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2047

About Favorwood



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Nearby Rentals

Unit for rent at

$1,700 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,201 ft²
Listing by Jessica Holmes
Unit for rent at

$1,500 /mo

  • 2 Beds
  • 2 Baths
  • 976 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 631 Favorwood Drive located in?
The 631 Favorwood Drive is a house located in the neighborhood of Favorwood in Favorwood, Marietta.
What is the average sales price for listings in 631 Favorwood Drive?
The average sales price for units in 631 Favorwood Drive is $169,900 , or $105/sqft. currently.

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