NOT LISTED FOR SALE

123 Silver Lake Way Fayetteville, GA 30215

Estimated Value: $714,000 - $850,000

3 Beds
2.5 Baths
3,342 Sq Ft
$237/Sq Ft Est. Value

Last Sold March 20, 2019

Last sale price $549,900 $165 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,447/month

Highlights

  • Lake Front
  • Boat Dock
  • Newly Remodeled
  • Cleveland Elementary School Rated A-
  • Fitness Center
  • Fishing

About This Home

As of March 2019

Lakefront custom plan with basement by Simply Southern Traditional Homes. Master on main. 10' ceilings throughout the main floor. Large kitchen with huge island, 36" stainless steel gas prof. range with double ovens. Vaulted covered porch with fabulous lake views. 3 car garage. Custom home on lake homesite with full daylight basement. The Canoe Club amenities include: tennis, pool, 24 hour fitness center and 2 lakes for fishing, kayaking and canoeing.

Last Agent to Sell the Property

Verkina Parrish

Berkshire Hathaway HomeServices Georgia Properties License #184341 Listed on: 02/27/2019

Berkshire Hathaway HomeServices Georgia Properties

Co-Listed By

Kristen Cunningham

NOT A VALID MEMBER License #271831

Last Buyer's Agent

Lakisha Knight

Keller Williams Realty West Atlanta License #352620

Keller Williams Realty West Atlanta

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $450

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 660x66
  • Lake Front
  • Cul-De-Sac
  • Landscaped
  • Private Lot
  • Irrigation Equipment
  • Wooded Lot

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Cottage
  • Composition Roof
  • Cement Siding
  • Stone Siding
  • Stucco

Interior Spaces

  • 3,342 Sq Ft Home
  • 1.5-Story Property
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Insulated Windows
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Loft
  • Game Room
  • Wood Flooring
  • Lake Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

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

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck

Schools

  • Cleveland Elementary School
  • Bennetts Mill Middle School
  • Fayette County High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 324
  • Assessor Parcel Number 070309002

Community Details

Overview

  • $700 Initiation Fee
  • Fieldstone Association
  • The Canoe Club Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Swim or tennis dues are required
  • Fitness Center
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$450

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$58 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage, Traditional
  • Property Condition: New Construction
  • Year Built: 2018
  • Levels Stories: One and One Half
  • Special Features: NewHome

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Tankless Water Heater
  • Interior Amenities: High Ceilings 10 ft Main, High Ceilings 9 ft Upper, Low-Flow Fixtures, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Full, Unfinished
  • Kitchen Features: Breakfast Bar, Cabinets White, Stone Counters, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Game Room, Great Room - 1 Story, Loft
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3342.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower

Exterior Features

  • Construction Materials: Cement Siding, Stone, Stucco
  • Roof Type: Composition
  • Patio And Porch Features: Deck
  • View: Lake

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Underground Utilities
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Community Dock, Fishing, Homeowners Assoc, Lake, Fitness Center, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 700
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Home Warranty: Yes
  • Management Company Email: FieldstoneRP.com
  • Subdivision Complex: The Canoe Club

Association/Amenities

  • Management Company: Fieldstone

Lot Info

  • Acres: 1.0000
  • Lot: 324
  • Plat Book: 48
  • Plat Page: 118
  • Lot Features: Cul-De-Sac, Landscaped, Private, Wooded
  • Lot Dimensions: 660x66
  • Parcel Number: 070309002
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Insulation, Thermostat, Windows
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 700

Tax Info

  • Taxes: 450.00
  • Tax Year: 2017

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Cleveland
  • High School: Fayette County
  • Middle School: Bennetts Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2019
Closed on
Mar 20, 2019
Sold by
Simply Southern Traditional Homes Inc
Bought by
Lipscomb Andree L and Lipscomb Ketina R
Seller's Agent
Verkina Parrish
Berkshire Hathaway HomeServices Georgia Properties
Buyer's Agent
Lakisha Knight
Keller Williams Realty West Atlanta
List Price
$549,900
Sold Price
$549,900
Current Estimated Value
$797,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,573
Avg. Annual Appreciation
5.65%
Original Mortgage
$439,900
Outstanding Balance
$385,959
Interest Rate
4.3%
Estimated Equity
$404,636

Purchase Details

Closed on
Mar 31, 2017
Sold by
Not Provided
Bought by
Simply Southern Traditional Ho
Source: Public Records

Range of Values:

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Average Value
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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
Lipscomb Andree L $549,900 --
Simply Southern Traditional Ho $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipscomb Andree L $439,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2019 03/20/19 Sold $549,900 0.0% $165 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $549,900 -- $165 / 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 $2,330 $285,808 $72,000 $213,808
2023 $2,060 $243,400 $40,000 $203,400
2022 $2,456 $230,000 $40,000 $190,000
2021 $2,426 $207,040 $42,000 $165,040
2020 $2,984 $200,520 $42,000 $158,520
2019 $4,550 $156,620 $27,300 $129,320
2018 $399 $11,520 $11,520 $0
2017 $859 $27,300 $27,300 $0
2016 $781 $24,000 $24,000 $0
2015 $794 $24,000 $24,000 $0
2014 $1,233 $38,000 $38,000 $0
2013 -- $10,748 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6511475

First Multiple Listing Service (FMLS)

APN: 07-03-09-002