NOT LISTED FOR SALE

157 Waterlace Way Fayetteville, GA 30215

Estimated Value: $753,000 - $1,098,391

5 Beds
4.5 Baths
5,222 Sq Ft
$189/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $869,900 $167 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,840/month

Highlights

  • Lake Front
  • Fitness Center
  • 1.13 Acre Lot
  • Cleveland Elementary School Rated A-
  • Home Theater
  • Community Lake

About This Home

As of February 2022

THIS STUNNING LAKEFRONT HOME IS A MUST SEE! Gorgeous hardwoods greet you as you step into the gracious foyer, adjacent to a beautiful dining room with custom, fabric paneling. The vast living room provides an amazing view of the lake, as well as wood beams and bookshelves. The chef will love the kitchen, complete with a commercial style Jenn-Air range and double drawer dishwasher. To the right of the kitchen, be sure to see the perfectly designed mudroom and huge pantry. The the left, check out the gorgeous cabinetry and shiplap wall in the laundry room. The owner's suite on main provides a peaceful retreat, with a perfect view of the lake and a gleaming bathroom with custom cabinetry and lighting. The second level floorplan is brilliant - with a guest suite, Jack and Jill suite, and two ideal areas for an office, playroom, homeschool room, or TV room. The finished terrace level is identical in quality to the upstairs, offering high ceilings, recessed lighting, LVT flooring, and a full kitchen and laundry. This location is perfect: enjoy an enviable view of Lake Edith from your home and backyard as well as easy access for kayaking and paddle boarding. And located in popular Canoe Club, you will have access to their beautiful neighborhood amenities, and be just a short drive to unique restaurants and boutiques in both Trilith and downtown Fayetteville.

Last Agent to Sell the Property

Kelly Buckles

Watlington & Buckles, Inc. License #338215 Listed on: 01/16/2022

Co-Listed By

Melissa Watlington

Watlington & Buckles, Inc. License #310940

Last Buyer's Agent

Melinda Blanks

BHHS Georgia Properties License #352990

BHHS Georgia Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,043

Year Built

  • Built in 2019

Lot Details

  • 1.13 Acre Lot
  • Lake Front

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Bookcases
  • Beamed Ceilings
  • High Ceiling
  • 1 Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Home Gym

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry in Kitchen

Finished Basement

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

Parking

  • Garage
  • Parking Accessed On Kitchen Level
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Outdoor Features

  • Access To Lake

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Tankless Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include facilities fee, management fee, swimming, tennis
  • Canoe Club Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,043

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • ArchitecturalStyle: Brick 4 Side, Traditional
  • Main Level Half Bathrooms: 1
  • Co List Office: WATL01
  • Financing Type: Conventional 95%
  • Levels: Two
  • Lot Size Acres: 1.13
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 5222
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Tankless Water Heater, Dishwasher, Double Oven, Disposal, Microwave, Oven/Range (Combo), Stainless Steel Appliance(s)
  • Bedrooms: 5
  • Dining Room Features: Seats 12+, Separate Room
  • Basement: Bath Finished, Concrete, Daylight, Interior Entry, Exterior Entry, Finished, Full
  • Below Grade Finished Sq Ft: 1704
  • Total Finished Sq Ft: 3518
  • Unfinished Below Grade Sq Ft: 300
  • Above Grade Finished Sq Ft: 3518
  • Interior Amenities: Bookcases, High Ceilings, Double Vanity, Beamed Ceilings, Soaking Tub, Separate Shower, Walk-In Closet(s), In-Law Floorplan, Master On Main Level
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Flooring: Hardwood, Carpet
  • Kitchen Features: Kitchen Island, Pantry, Solid Surface Counters, Walk-in Pantry

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Bedroom Lower Level: 1
  • Bedroom Main Level: 1

Exterior Features

  • Construction Materials: Concrete, Brick
  • Lot Features: None
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: Lake Access, Lake

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage, Kitchen Level, Side/Rear Entrance

Utilities

  • Cooling: Electric, Central Air
  • Heating: Natural Gas, Central
  • Laundry Features: In Kitchen, In Mud Room
  • Sewer: Septic Tank
  • Utilities: Underground Utilities, Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Lake, Park, Fitness Center, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)

Fee Information

  • Association Fee Includes: Facilities Fee, Management Fee, Swimming, Tennis

Schools

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

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6043

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2025
Sold by
Trout Christopher Joseph and Trout Crystal
Bought by
Trout Family Living Trust and Trout
Current Estimated Value
$989,098

Purchase Details

Listed on
Jan 16, 2022
Closed on
Feb 28, 2022
Sold by
Scott Reid Roger
Bought by
Trout Christopher Joseph and Trout Crystal
Seller's Agent
Kelly Buckles
Watlington & Buckles, Inc.
Buyer's Agent
Melinda Blanks
BHHS Georgia Properties
List Price
$874,900
Sold Price
$869,900
Premium/Discount to List
-$5,000
-0.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%
Original Mortgage
$647,200
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2020
Sold by
Reid Roger Scott
Bought by
Reid Roger Scott and Reid April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,420
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
May 11, 2018
Sold by
Weekley Homes Lp
Bought by
Simply Southern Traditional Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,500
Interest Rate
4.4%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Trout Family Living Trust -- None Listed On Document
Trout Christopher Joseph $869,900 None Listed On Document
Reid Roger Scott -- --
Reid Roger Scott $654,900 --
Simply Southern Traditional Homes Inc $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trout Christopher Joseph $647,200
Previous Owner Trout Christopher Joseph $135,623
Previous Owner Reid Roger Scott $632,420
Previous Owner Simply Southern Traditional Homes Inc $460,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $869,900 -0.6% $167 / Sq Ft
01/16/2022 01/16/22 For Sale $874,900 -- $168 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
Source: Georgia MLS

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 $7,641 $338,288 $72,000 $266,288
2023 $6,959 $293,320 $40,000 $253,320
2022 $6,254 $245,400 $40,000 $205,400
2021 $6,000 $220,360 $42,000 $178,360
2020 $6,107 $213,240 $42,000 $171,240
2019 $922 $30,000 $30,000 $0
2018 $1,282 $42,000 $42,000 $0
2017 $1,287 $42,000 $42,000 $0
2016 $1,198 $38,000 $38,000 $0
2015 $1,219 $38,000 $38,000 $0
2014 $1,057 $38,000 $38,000 $0
2013 -- $23,752 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelly Buckles

    Seller's Agent in 2022

    Kelly Buckles

    Watlington & Buckles, Inc.

    (678) 372-5977

    10 in this area

    139 Total Sales

    Kelly Buckles
    Section Image
  • Melissa Watlington

    Seller Co-Listing Agent in 2022

    Melissa Watlington

    Watlington & Buckles, Inc.

    (678) 372-5977

    9 in this area

    136 Total Sales

    Melissa Watlington
    Section Image

  • M

    Buyer's Agent in 2022

    Melinda Blanks

    BHHS Georgia Properties

    (770) 361-5238

    5 in this area

    83 Total Sales

    Melinda Blanks
    Section Image
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Map

Source: Georgia MLS

MLS Number: 20012328

Georgia MLS

APN: 07-04-10-001

Georgia Fayette County Fayetteville 30215

157 Waterlace Way, Fayetteville, GA

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