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692 Racetrack Road

692 Racetrack Road, Mcdonough, GA 30252
House in Henry
Sold Mar 05, 2020
$239,000
$239,000 by Guaranteed Rate
Mortgage Due Jan 01, 2050
Sold Dec 26, 2019
$200,000
$200,000 by Corbin Phillip T
Mortgage Due Jan 01, 2020
692 Racetrack Road 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 1977 and is 47 years old. However, we must point out that the home was most recently renovated and altered in 1992. The home has a total of 7 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 692 Racetrack Road has 1,914 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 87,991 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

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 garage underground or in the basement for those who require parking. The garage measured 696 sqft. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. 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 C+ 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. The property was last sold in Mar 5, 2020 for $239,000. That's $124.87 per sqft. Prior to that sales transaction, the property was also sold in Dec 26, 2019 for $200,000. 692 Racetrack Road was last assessed in 2023. The total value of the property was assessed at $133,520. Specifically, the land the property is located on was valued at $14,480. While improvements on the property were assessed at a total of $119,040. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,999. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1992
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 1,276
  • Garage Type: Underground/basement
  • Garage Square Area: 696
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 87,991
  • Total Building Area: 1,914
  • Gross Building Area: 2,250
  • Building Area: 1,914
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,914
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.02
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LLOT: 168 LDIST:7

Ownership

  • Current Owner : ARNAUD BOBBY ANTONINNE
  • Previous Owner : CORBIN PHILLIP T
  • Owner Before Previous Owner: CORBIN PHILLIP T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Henry County School District
  • Census Tract: 070312

Zoning

  • Zoning: RA

Geography

  • District: 7
  • Parcel: 108-01003000
  • Lot: 168
  • Municipality: MCDONOUGH
  • Latitude: 33.4302
  • Longitude: -84.1218

    Address

  • Full Address: 692 Racetrack Rd
  • Address - House Number: 692
  • Address - Street Name: Racetrack
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Mcdonough
  • Carrier Code: R043
  • 4-Digit Zip Code: 6866
  • Zip Code: 30252

Valuation

    Tax

  • Total Area: 2,495
  • Tax Year: 2023
  • Tax Amount: $4,999
  • Tax Rate Code Area: 0002

    Appraisal Valuation

  • Standard Deviation: 0.1539
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 81
  • Final Value: 353,964
  • High Value: 408,454
  • Low Value: 299,473

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $239,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE
  • First Open Lien Mortgage Recording Date: Mar 05, 2020
  • First Open Lien Mortgage Loan Amount: $239,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2050

    Market Valuation

  • Market Total Value: $333,800
  • Market Land Value: $36,200
  • Market Improvement Value: $297,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,520
  • Assessed Land Value: $14,480
  • Assessed Improvements Value: $119,040

    Sales

  • Current Sale Contract Date: Mar 05, 2020
  • Current Sale Recording Date: Mar 05, 2020
  • Current Sale Transaction ID: 11748343290
  • Current Sale Price: $239,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-001831
  • Previous Sale Recording Date: Dec 26, 2019
  • Previous Sale Contract Date: Dec 26, 2019
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE
  • First Mortgage Transaction Date: Mar 05, 2020
  • First Mortgage Loan Amount: $239,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CORBIN PHILLIP T
  • Previous Mortgage Transaction Date: Dec 26, 2019
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2020

About McDonough



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Nearby Rentals

Unit for rent at 5113 Redcoat Lane, McDonough, GA, 30252

$2,500 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,436 ft²
5113 Redcoat Lane, McDonough, GA, 30252 Listing by Emilio Barreto

Frequently Asked Questions

What neighborhood is 692 Racetrack Road located in?
The 692 Racetrack Road is a house located in the neighborhood of Henry in McDonough, Mcdonough.
What is the average sales price for listings in 692 Racetrack Road?
The average sales price for units in 692 Racetrack Road is $275,000 , or $88/sqft. currently.

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