NOT LISTED FOR SALE

Estimated Value: $992,000 - $1,188,000

4 Beds
3 Baths
2,860 Sq Ft
$374/Sq Ft Est. Value

Last Sold July 30, 2019

Last sale price $582,000 $203 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,829/month

Highlights

  • 229 Feet of Waterfront
  • Covered dock with one slips
  • Second Kitchen
  • Otwell Middle School Rated A
  • Boating
  • Home Theater

About This Home

As of July 2019

Location! Location! Minutes to 400. This South Lake home offers a level walk to your covered dock. Enjoy entertaining or relaxing by your Gunite Pool. Year round views of lake, great lake water with a creek that runs under water. Full kitchen in your walk out terrace level. NO HOA!

Last Agent to Sell the Property

Patricia Thompson

Keller Williams North Atlanta License #333756 Listed on: 02/27/2019

Keller Williams North Atlanta

Last Buyer's Agent

Andi Jowdry

Keller Williams Realty Atl North License #377701

Keller Williams Realty Atl North

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,553

Year Built

  • Built in 1976

Lot Details

  • 1.08 Acre Lot
  • Lot Dimensions are 283x75x420x354
  • 229 Feet of Waterfront
  • Lake Front
  • Fenced
  • Wooded Lot

Home Design

  • Craftsman Architecture
  • Cottage
  • Frame Construction
  • Shingle Roof
  • Wood Roof
  • Composition Roof
  • Shingle Siding

Interior Spaces

  • 2,860 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Den
  • Loft
  • Lake Views

Kitchen

  • Second Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Vaulted Bathroom Ceilings
  • Low Flow Plumbing Fixtures
  • Shower Only

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Covered dock with one slips
  • Lake On Lot
  • Deck
  • Front Porch

Location

  • Property is near shops

Schools

  • Cumming Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 221 014

Community Details

Overview

  • Laurel Estates Subdivision
  • Community Lake

Recreation

  • Boating
  • Powered Boats Allowed
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,553

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage, Craftsman
  • Property Condition: Resale
  • Year Built: 1976
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Family Room, Factory Built
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Electric Range, Refrigerator, Gas Water Heater, Self Cleaning Oven, Washer
  • Interior Amenities: High Ceilings 10 ft Main, Entrance Foyer, Low-Flow Fixtures, Walk-In Closet(s)
  • Basement: Daylight, Driveway Access, Exterior Entry, Finished Bath, Finished, Full
  • Kitchen Features: Second Kitchen, Breakfast Bar, Cabinets White, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Family Room, Loft, Media Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2860.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: In-Law Suite/Apartment, Master on Main, Split Bedroom Plan
  • Lower Bedrooms: 2
  • Main Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Shower Only, Vaulted Ceilings

Exterior Features

  • Waterfront Frontage: 229
  • Construction Materials: Frame, Shingle Siding
  • Roof Type: Composition, Shingle, Wood
  • Lake Name: Lanier
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Front Porch
  • Pool Features: Gunite, In Ground
  • View: Lake

Garage/Parking

  • Carport or Garage: 2
  • Number of Carport Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Carport

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump, Zoned
  • Heating: Forced Air, Natural Gas, Heat Pump, Zoned
  • Laundry Features: Lower Level
  • Utilities: Electricity Available
  • Electric: Other

Condo/Co-op/Association

  • Community Features: Boating, Powered Boats Allowed, Fishing, Lake, Near Shopping
  • Subdivision Complex: Laurel Estates

Schools

  • Elementary School: Cumming
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Acres: 1.0800
  • Lot: 4
  • Land/Lot: 88
  • Plat Page: 91
  • Lot Features: Lake On Lot, Wooded
  • Lot Dimensions: 283x75x420x354
  • Parcel Number: 221 014
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 3553.00
  • Assessor Parcel Number: 221-000-014
  • Close Date: 2019-07-30
  • Tax Year: 2018

Multi Family

  • Waterfront Features: Lake

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Cumming
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2019
Closed on
Jul 30, 2019
Sold by
Ivey Terrell M
Bought by
Gibson Beth J and Gibson William E
Seller's Agent
Patricia Thompson
Keller Williams North Atlanta
Buyer's Agent
Andi Jowdry
Keller Williams Realty Atl North
List Price
$585,000
Sold Price
$582,000
Premium/Discount to List
-$3,000
-0.51%
Current Estimated Value
$1,070,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,859
Avg. Annual Appreciation
10.26%
Original Mortgage
$465,600
Outstanding Balance
$298,786
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$772,073

Purchase Details

Closed on
Feb 20, 2009
Sold by
Ivey Kendra K
Bought by
Ivey Terrell M and Ivey Kendra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 1999
Sold by
Matlock Royce R
Bought by
Ivey Terrell M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 1993
Sold by
Frisch Paul J
Bought by
Matlock Royce R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,550
Interest Rate
7.51%
Source: Public Records

Range of Values:

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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
Gibson Beth J $582,000 --
Ivey Terrell M -- --
Ivey Terrell M $290,000 --
Matlock Royce R $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Beth J $465,600
Previous Owner Ivey Terrell M $240,000
Previous Owner Ivey Terrell M $232,000
Previous Owner Matlock Royce R $179,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2019 07/30/19 Sold $582,000 -0.5% $203 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $585,000 0.0% $205 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
05/04/2019 05/04/19 For Sale $585,000 0.0% $205 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $585,000 -- $205 / 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
2025 $2,015 $389,780 $128,000 $261,780
2024 $2,015 $412,136 $160,000 $252,136
2023 $1,874 $334,168 $120,000 $214,168
2022 $1,965 $250,340 $100,000 $150,340
2021 $6,913 $250,340 $100,000 $150,340
2020 $6,112 $221,324 $100,000 $121,324
2019 $3,814 $156,540 $80,000 $76,540
2018 $3,553 $142,976 $80,000 $62,976
2017 $3,162 $123,808 $72,000 $51,808
2016 $3,162 $123,808 $72,000 $51,808
2015 $3,168 $123,808 $72,000 $51,808
2014 -- $121,164 $72,000 $49,164
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6511508

First Multiple Listing Service (FMLS)

APN: 221-014