NOT LISTED FOR SALE

1045 Ramesh Ln Monroe, GA 30656

Estimated Value: $1,664,229 - $2,222,000

7 Beds
12 Baths
15,375 Sq Ft
$126/Sq Ft Est. Value

Last Sold January 22, 2016

Last sale price $768,000 $50 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $11,648/month

309 Days on Market

Highlights

  • Lake Front
  • Wine Cellar
  • Fishing
  • Second Kitchen
  • Media Room
  • Community Lake

About This Home

As of January 2016

Executive, custom built estate nestled on 12.79 fenced-in private acres-with your own private road! Home features 7 Bdrms, 8 FULL bthrms, 2 kitchens, Completely finished terrace level with incredible space for entertainment, recreation & leisure.,excercise rm & sauna, Full bar & wine cellar & 2 bedrooms. Each Bedroom suite upstairs has its own balcony with rear bedrooms overlooking views of private 5 acre lake. Convenient to major roads, George Walton Academy, 8 minutes to walmart, restaurants, and local shopping. MOVE IN READY!

Last Agent to Sell the Property

Ralph Corona

Virtual Properties Realty. Biz License #339580 Listed on: 01/12/2015

Virtual Properties Realty. Biz

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,244

Year Built

  • Built in 1999

Lot Details

  • Lake Front
  • Property fronts a private road
  • Private Lot
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • European Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 15,375 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Rear Stairs
  • Bookcases
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Two Story Entrance Foyer
  • Wine Cellar
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Media Room
  • Home Office
  • Computer Room
  • Game Room
  • Workshop
  • Home Gym
  • Wood Flooring
  • Lake Views
  • Intercom

Kitchen

  • Second Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Wood Stained Kitchen Cabinets
  • Wine Rack

Bedrooms and Bathrooms

  • 7 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Outdoor Features

  • Deck

Schools

  • Monroe Elementary School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 1045RameshLN

Community Details

Overview

  • Private Road Subdivision
  • Community Lake

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,244

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: European, Traditional
  • Property Condition: Resale
  • Year Built: 1999
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Gas Starter, Master Bedroom
  • Number Of Fireplaces: 2
  • Other Equipment: Intercom, Satellite Dish
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Interior Amenities: Bookcases, Central Vacuum, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Lower, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Cabinets Other, Cabinets Stain, Cabinets White, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Second Kitchen, Stone Counters, View to Family Room, Wine Rack
  • Common Walls: No Common Walls
  • Additional Rooms: Computer Room, Exercise Room, Game Room, Great Room - 1 Story, Media Room, Office, Wine Cellar, Workshop
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 15375.00

Beds/Baths

  • Total Bedrooms: 7
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 2
  • Main Bedrooms: 1
  • Total Full Baths: 8
  • Total Half Baths: 4
  • Lower Full Bathrooms: 2
  • Main Full Bathrooms: 2
  • Lower Half Bathrooms: 2
  • Main Half Bathrooms: 2
  • Master Bathroom Features: Separate Tub/Shower, Soaking Tub, Whirlpool Tub

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Patio And Porch Features: Deck
  • Exterior Features: Rear Stairs
  • View: Lake

Garage/Parking

  • Number of Garage Spaces: 3
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Side, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas
  • Laundry Features: Laundry Room, Main Level

Condo/Co-op/Association

  • Community Features: Fishing, Lake, Street Lights
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: PRIVATE ROAD

Lot Info

  • Lot Features: Private, Wooded
  • Lot Dimensions: 12.79 ACRES
  • Parcel Number: 1045RameshLN
  • Property Attached Yn: No

Tax Info

  • Taxes: 17244.00
  • Tax Year: 2013

Multi Family

  • Waterfront Features: Lake

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Monroe
  • High School: Walton - Other
  • Middle School: Walton - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2015
Closed on
Jan 25, 2016
Sold by
Ramesh K C
Bought by
Felton Stephen F
Seller's Agent
Ralph Corona
Virtual Properties Realty. Biz
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$899,000
Sold Price
$768,000
Premium/Discount to List
-$131,000
-14.57%
Current Estimated Value
$1,935,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,167,410
Avg. Annual Appreciation
9.77%
Original Mortgage
$628,000
Outstanding Balance
$493,189
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$1,442,221

Purchase Details

Closed on
Dec 22, 2009
Sold by
Ramesh K C
Bought by
Ramesh Kallambella C and Ramesh Nirmala T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,110,500
Interest Rate
4.82%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Felton Stephen F $768,000 --
Felton Stephen F $768,000 --
Ramesh Kallambella C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Felton Stephen F $628,000
Closed Felton Stephen F $628,000
Previous Owner Ramesh Kallambella C $1,110,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2016 01/22/16 Sold $768,000 -14.6% $50 / Sq Ft
11/25/2015 11/25/15 Pending -- -- --
11/12/2015 11/12/15 For Sale $899,000 0.0% $58 / Sq Ft
10/20/2015 10/20/15 Pending -- -- --
09/25/2015 09/25/15 Price Changed $899,000 -8.7% $58 / Sq Ft
08/05/2015 08/05/15 Price Changed $984,900 -24.2% $64 / Sq Ft
01/19/2015 01/19/15 For Sale $1,299,000 -- $84 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $17,612 $517,384 $88,280 $429,104
2023 $13,325 $381,104 $61,000 $320,104
2022 $14,232 $381,104 $61,000 $320,104
2021 $14,729 $381,104 $61,000 $320,104
2020 $14,410 $363,304 $52,960 $310,344
2019 $14,679 $347,464 $47,040 $300,424
2018 $13,684 $347,464 $47,040 $300,424
2017 $13,301 $317,384 $30,600 $286,784
2016 $12,627 $306,280 $28,600 $277,680
2015 $16,435 $370,000 $30,600 $339,400
2014 $16,921 $391,440 $29,160 $362,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5383133

First Multiple Listing Service (FMLS)

APN: M023000000006A00