NOT LISTED FOR SALE

Estimated Value: $550,000 - $579,354

4 Beds
2.5 Baths
2,907 Sq Ft
$195/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $505,000 $174 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,672/month

4 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Wood Flooring
  • Bascomb Elementary School Rated A
  • Wooded Lot
  • High Ceiling

About This Home

As of May 2023

MULTIPLE OFFERS Received - Please submit all offers by 7pm, April 8th. WOW! Rare opportunity to live in the sought-after Wellesley subdivision (built by John Weiland) of Towne Lake for under $500K with a basement! Aggressively priced based upon updates needed. Tons of potential once you put your custom touches on it. This beautiful 4 bedroom, 2.5 bath property offers plenty of space to grow in. From its open & bright floor plan to its spacious granite kitchen w/large work island, you'll love all that this home has to offer. You'll also find a butler's pantry, drop zone/work space off the kitchen, laundry on the main level & a two car front load garage. The separate dining room is ideal for dinner parties or family gatherings while the separate living room provides an inviting place to relax after a long day. Plus there is an additional den that can be used as a playroom or office space! All four bedrooms are located upstairs including the oversized primary bedroom which features a sitting area & access to a private deck. The primary bathroom boasts a generous sized walk-in closet along with his & her sinks / jetted tub / tile shower. All other bedrooms are good size too! This property has good bones but needs cosmetic updates - giving you the opportunity to make it truly yours! Unfinished terrace level is waiting for you to create an additional bedroom / recreation room and more. Don't forget about its wooded and private backyard where you can entertain guests during summer BBQs. Neighborhood amenities include Olympic style pool/water slide/tennis/playground/basketball court. And lastly - did we mention that the schools are the desirable Bascomb Elementary, E.T Booth Middle., Etowah High? Towne Lake offers so much w/shopping, restaurants, schools, gyms and more. Publix, Kroger, LA Fitness, Costco (approx. 6 miles) all within a short distance. Downtown Woodstock is approx 4 miles which is a destination in itself with even more shopping, summer concerts, restaurants and more. The Outlet Shoppes at Atlanta are on your way to Costco. If nature and being outdoors is what you want then you have plenty of options with Old Rope Mill Park, Noonday Trails / Park, Blankets Creek Mountain Bike Trails, Hobgood Park and Woofstock Dog Park for the pups.

Last Agent to Sell the Property

Darrell Clarke

RE/MAX Town & Country Brokerage Phone: 4049345397 License #252382 Listed on: 04/05/2023

RE/MAX Town & Country

Last Buyer's Agent

Josh Hooper

Keller Williams Atlanta Midtown License #371771

Keller Williams Atlanta Midtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,935

Year Built

  • Built in 1996

Lot Details

  • 0.39 Acre Lot
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $65 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity

Basement

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

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near schools
  • Property is near shops

Schools

  • Bascomb Elementary School
  • Booth Middle School
  • Etowah High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 80

Community Details

Overview

  • $190 Initiation Fee
  • Association fees include reserve fund, swimming, tennis
  • Wellesley Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,935

Year Built

Built in 1996

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Property Type: Residential
  • District: 21
  • Year Built: 1996
  • Main Level Half Bathrooms: 1
  • Electric: 220 Volts
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .39
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2907
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven (Wall)
  • Bedrooms: 4
  • Dining Room Features: Separate Room
  • Basement: Daylight, Exterior Entry, Full, Interior Entry
  • Total Finished Sq Ft: 2907
  • Unfinished Below Grade Sq Ft: 1456
  • Above Grade Finished Sq Ft: 2907
  • Interior Amenities: Bookcases, Double Vanity, High Ceilings, Pulldown Attic Stairs, Tray Ceiling(s), Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Gas Log, Gas Starter, Living Room
  • Flooring: Carpet, Hardwood, Tile
  • Kitchen Features: Breakfast Area, Breakfast Bar, Kitchen Island, Walk-in Pantry
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 168.550

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Brick, Other
  • ExteriorFeatures: Balcony
  • Foundation Details: Slab
  • Lot Features: Sloped
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Attached, Garage, Garage Door Opener, Kitchen Level
  • ParkingTotal: 2

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Forced Air, Natural Gas
  • Laundry Features: Other
  • Security Features: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 775
  • Association: Yes
  • Community Features: Clubhouse, Playground, Pool, Street Lights, Tennis Court(s), Walk To Schools, Walk To Shopping

Fee Information

  • Initiation Fee: 190
  • Association Fee Includes: Reserve Fund, Swimming, Tennis

Schools

  • Elementary School: Bascomb
  • High School: Etowah
  • High School Bus: Yes
  • Middle School: Booth
  • Middle School Bus: Yes
  • Elementary School: Bascomb
  • Middle School: Booth
  • High School: Etowah

Lot Info

  • Land Lot: 900
  • Lot: 80
  • Plat Book: 51
  • Plat Page: 144

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3935

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
May 19, 2023
Sold by
Martineau Brian J
Bought by
Brown Jeffrey Turner and Brown Ashley
Seller's Agent
Darrell Clarke
RE/MAX Town & Country
Buyer's Agent
Josh Hooper
Keller Williams Atlanta Midtown
List Price
$489,977
Sold Price
$505,000
Premium/Discount to List
$15,023
3.07%
Total Days on Market
4
Views
27
Current Estimated Value
$565,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,589
Avg. Annual Appreciation
5.71%
Original Mortgage
$404,000
Outstanding Balance
$395,316
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$170,273

Purchase Details

Closed on
Nov 25, 1996
Sold by
John Wielandhomes Inc
Bought by
Martineau Brian Stephanie
Source: Public Records

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Range of Values:

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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
Brown Jeffrey Turner $505,000 --
Martineau Brian Stephanie $221,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Ashley $30,000
Open Brown Jeffrey Turner $404,000
Previous Owner Martineau Brian $123,794
Previous Owner Martineau Brian J $25,000
Closed Martineau Brian Stephanie $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $505,000 +3.1% $174 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $489,977 -- $169 / Sq Ft
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 $5,187 $220,896 $46,000 $174,896
2023 $4,289 $201,144 $46,000 $155,144
2022 $3,935 $161,472 $30,560 $130,912
2021 $3,857 $144,080 $30,560 $113,520
2020 $3,587 $132,320 $27,800 $104,520
2019 $3,340 $121,680 $25,600 $96,080
2018 $3,225 $115,960 $23,200 $92,760
2017 $3,175 $281,900 $23,200 $89,560
2016 $3,108 $272,700 $23,200 $85,880
2015 $3,117 $270,800 $23,800 $84,520
2014 $3,137 $272,000 $23,800 $85,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10146165

Georgia MLS

APN: 15N05C-00000-141-000-0000