NOT LISTED FOR SALE

1071 Oaklake Terrace Watkinsville, GA 30677

Estimated Value: $746,553 - $768,000

6 Beds
5 Baths
2,830 Sq Ft
$268/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $699,000 $247 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,407/month

202 Days on Market

Highlights

  • Home fronts a pond
  • Deck
  • Traditional Architecture
  • Malcom Bridge Elementary School Rated A
  • Cathedral Ceiling
  • Wood Flooring

About This Home

As of May 2024

New Price, New Paint, and New Carpet! Come see this beautiful home for yourself! (new paint and carpet not pictured). Gracious elegance and traditional Southern style is the epitome of this North Oconee County statement home. Yearning for a prestigious setting, the home was set back on an expansive 1.22 acre waterfront lot providing a stately feel while also featuring rare water views. Once inside the magnificent, 2-story foyer defined appointments come alive, and thoughtfully chosen to add a touch of warmth and refinement to every room. Gleaming hardwood floors, soaring cathedral ceilings, decorative light fixtures, floor-to-ceiling double-paned windows, and upgraded trim package are just a few of the timeless features that add a touch of character throughout. To provide a more intimate atmosphere, you will find the ideal formal living room/study and banquet styled dining room flanking the foyer. For larger gatherings, the great room culminating in a central location is sure to fit the bill. Grand in stature, this palatial living area boasts lofty balcony views and focal-point-fireplace that spawns visions of being warmed fireside by the fragrant fire. Speaking of aromas, it’s that time of year for sumptuous feasts, and what better way to prepare than a well-equipped, gourmet kitchen. Appointed with an abundance of custom cabinets featuring max storage options, expansive granite counters that extend to a raise breakfast bar provides ample space for meal prep, complete stainless steal appliance package, pantry with shelving system, tile backsplash, and under-mount-double-basin sink, no detail has been missed. The kitchen also extends to the sunlit breakfast room, that offers enough space that it could easily be utilized as a keeping room if you prefer. If you’re in need of a guest suite or home office on the main, well you’re in luck. Tucked away off the great room is the perfect option for either need. When it’s time to unwind at the end of a long day or you’re looking for your very own haven for a little relaxation, travel up the stairs and traverse the cat walk to find a glorious private retreat beckoning you. Bright, airy and offering ample space, the owner’s suite is the quiet retreat you were looking for with triple tray ceilings, oversized picture window, huge closet, and an opulent ensuite full bath hosting every expected amenity. The upper level is complete with an additional bedroom suite including private full bath, and two more accessory bedrooms, plus a full bath occupying the West wing of the home. Versatility and room to expand comes to mind as you enter the daylight terrace level. Full of natural light, this exceptional lower level was thoughtfully upgraded with an open foot print featuring a spacious media/rec. room adorned with raised ceilings, luxury vinyl plank floors, decorative light fixtures and more. Creating the perfect in-law or guest quarters, the basement hosts a kitchenette complete with granite counters, sink and stove/oven combo, as well as a private bedroom, updated full bath and extended storage options. Whether you enjoy hosting game day parties or need a separate apartment, this finished terrace level is ready to serve. Not to mention beholding the sparkling water views is an added bonus! Additionally, this home has been upgraded with newly installed EV charger in the garage, as well as spruced up the rear yard and patio to ensure the new owner can enjoy the serenity of the Fall season by the water. This Oaklake estate is situated in the coveted North Oconee school District, just adding that finishing touch to its desirability.

Last Agent to Sell the Property

Kristy Lonsford

Keller Williams Greater Athens License #403285 Listed on: 10/09/2023

Last Buyer's Agent

Rich Xu

Greater Athens Properties License #377121

Greater Athens Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,502

Year Built

  • Built in 2014

Lot Details

  • 1.22

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Screened Porch
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Schools

  • Malcom Bridge Elementary School
  • Malcom Bridge Middle School
  • North Oconee High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Additional Features

  • Deck
  • Home fronts a pond

Community Details

  • Oaklake Subdivision

Listing and Financial Details

  • Assessor Parcel Number C 01W 026A

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,502

Year Built

Built in 2014

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • GarageYN: Yes
  • Inclusions: Ceiling Fans,Security System
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2014
  • ResoSecurityFeatures: Security System
  • Subdivision Name: Oaklake
  • Above Grade Finished Sq Ft: 2830.0
  • Architectural Style: Traditional
  • Reso Flooring: Carpet, Tile, Wood
  • Reso Interior Features: Tray Ceiling(s), Ceiling Fan(s), Cathedral Ceiling(s), Other, Pantry, Vaulted Ceiling(s), In-Law Floorplan
  • Tax Year: 2022
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Basement: Bathroom, Full, Partially Finished
  • Fireplace Features: Wood Burning
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1435.0
  • Fireplaces: 1
  • Stories: 1

Exterior Features

  • Waterfront: Yes
  • Acres: 1.22
  • Waterfront Features: Pond
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Deck, Other, Porch
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener, Off Street
  • Total Parking Spaces: 4.0

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Street Lights

Schools

  • Middle Or Junior School: Malcom Bridge Middle

Lot Info

  • Lot Size Area: 1.22
  • Parcel Number: C 01W 026A
  • ResoLotSizeUnits: Acres
  • Zoning Description: Single Family

Tax Info

  • Tax Annual Amount: 3502.0

MLS Schools

  • Elementary School: Malcom Bridge Elementary
  • HighSchool: North Oconee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
May 17, 2024
Sold by
Aman Altaf
Bought by
Dong Yinxin and Neils Nathan
Seller's Agent
Kristy Lonsford
Keller Williams Greater Athens
Buyer's Agent
Rich Xu
Greater Athens Properties
List Price
$789,000
Sold Price
$699,000
Premium/Discount to List
-$90,000
-11.41%
Views
365
Current Estimated Value
$757,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,277
Avg. Annual Appreciation
5.45%
Original Mortgage
$419,400
Outstanding Balance
$413,890
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$343,387

Purchase Details

Closed on
May 22, 2021
Sold by
Aman Altaf
Bought by
Aman Altaf and Aman Fatima Albareen

Purchase Details

Closed on
Apr 10, 2015
Sold by
Jl Baker Building Inc
Bought by
Aman Altaf

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,430
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dong Yinxin $699,000 --
Aman Altaf -- --
Aman Altaf $352,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dong Yinxin $419,400
Previous Owner Aman Altaf $317,430
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2024 05/28/24 Sold $699,000 -11.4% $247 / Sq Ft
04/28/2024 04/28/24 Pending -- -- --
10/09/2023 10/09/23 For Sale $789,000 -- $279 / Sq Ft
Source: Savannah Multi-List Corporation

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 $4,787 $257,864 $36,000 $221,864
2023 $4,816 $235,347 $26,400 $208,947
2022 $4,160 $192,295 $26,400 $165,895
2021 $4,303 $184,384 $26,400 $157,984
2020 $4,125 $176,424 $26,400 $150,024
2019 $4,040 $172,757 $28,800 $143,957
2018 $4,018 $168,183 $28,800 $139,383
2017 $3,864 $161,690 $28,800 $132,890
2016 $3,376 $151,362 $28,800 $122,562
2015 $1,331 $54,621 $28,800 $25,821
2014 -- $10,886 $10,886 $0
2013 -- $10,886 $10,886 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Savannah Multi-List Corporation

MLS Number: CM1009168

Savannah Multi-List Corporation

APN: C01-W0-26A