NOT LISTED FOR SALE

2550 New Lake Rd SW Stockbridge, GA 30281

Estimated Value: $921,626 - $1,213,000

6 Beds
6.5 Baths
5,143 Sq Ft
$201/Sq Ft Est. Value

Last Sold September 05, 2013

Last sale price $475,000 $92 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $6,869/month

184 Days on Market

Highlights

  • Lake Front
  • Sauna
  • Gated Community
  • In Ground Pool
  • Sitting Area In Primary Bedroom
  • Dining Room Seats More Than Twelve

About This Home

As of September 2013

Gorgeous executive private estate on 8.62 acres nestled among woodlands with view of Alexander Lake. Beautifully built with huge sunroom with a double-sided floor to ceiling fireplace with wall of windows overlooking wooded area . Two built in wet bars ready for entertaining, Exercise room large enough to hold a class. Around the corner from Panola State Park. Sauna Inground pool, Owners live abroad and built house to visit once a year, Has separate quarters for housekeeper or teenager. Master Bath is incredible and every upstairs bedroom has its own bath. Alarm

Last Agent to Sell the Property

KRIS CAWLEY

NOT A VALID MEMBER License #DUP Listed on: 01/25/2013

Last Buyer's Agent

Sherry Bivins

Market South Properties, Inc. License #277243

Market South Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,000

Year Built

  • Built in 1990

Lot Details

  • Lake Front
  • Property fronts a private road
  • Private Lot
  • Irrigation Equipment
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • European Architecture
  • Composition Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 5,143 Sq Ft Home
  • 2-Story Property
  • Rear Stairs
  • Bookcases
  • Beamed Ceilings
  • Tray Ceiling
  • Ceiling height of 9 feet on the lower level
  • Ceiling Fan
  • 2 Fireplaces
  • Double Sided Fireplace
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Office
  • Game Room
  • Sauna
  • Home Gym
  • Carpet
  • Lake Views

Kitchen

  • Open to Family Room
  • Self-Cleaning Oven
  • Microwave
  • Kitchen Island
  • Stone Countertops
  • Wine Rack

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 6 Bedrooms | 1 Primary Bedroom on Main
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Home Security

  • Security Gate
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Gazebo

Schools

  • Lorraine Elementary School
  • Edwards Middle School
  • Heritage - Rockdale High School

Utilities

  • Zoned Heating and Cooling
  • Heating Available
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 2550NewLakeRDSW

Community Details

Overview

  • Property has a Home Owners Association
  • New Lake Estates Subdivision

Recreation

  • Powered Boats Allowed

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,000

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: European
  • Property Condition: Resale
  • Year Built: 1990
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Double Sided, Gas Log, Gas Starter, Glass Doors
  • Number Of Fireplaces: 2
  • Other Equipment: Irrigation Equipment, Satellite Dish
  • Appliances: Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Beamed Ceilings, Bookcases, Double Vanity, Entrance Foyer, High Ceilings 9 ft Lower, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Sauna, Tray Ceiling(s)
  • Basement: Daylight, Exterior Entry, Finished, Full
  • Kitchen Features: Stone Counters, Kitchen Island, Pantry, View to Family Room, Wine Rack
  • Common Walls: No Common Walls
  • Additional Rooms: Exercise Room, Family Room, Game Room, Great Room - 1 Story, Office
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 5143.00

Beds/Baths

  • Total Bedrooms: 6
  • Bedroom Features: Master on Main, Sitting Room
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Full Baths: 6
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Bidet, Double Vanity, Soaking Tub, Vaulted Ceilings

Exterior Features

  • Other Structures: Gazebo
  • Construction Materials: Stone, Stucco
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Patio
  • Exterior Features: Rear Stairs
  • Pool Features: In Ground
  • View: Lake

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Fire Sprinkler System, Security Gate, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Electric
  • Laundry Features: Laundry Room, Main Level

Condo/Co-op/Association

  • Community Features: Gated, Homeowners Assoc, Powered Boats Allowed
  • Master Association Fee: 175
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: New Lake Estates

Schools

  • Elementary School: Lorraine
  • Middle School: Edwards
  • High School: Heritage - Rockdale

Lot Info

  • Lot: 13
  • Land/Lot: 220
  • Plat Book: K
  • Plat Page: 273
  • Lot Features: Private, Wooded
  • Parcel Number: 2550NewLakeRDSW
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances

Tax Info

  • Taxes: 10000.00
  • Assessor Parcel Number: 03070689
  • Close Date: 2013-09-05
  • Tax Year: 2012

Multi Family

  • Waterfront Features: Lake

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Lorraine
  • High School: Heritage - Rockdale
  • Middle School: Edwards

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2013
Closed on
Sep 5, 2013
Sold by
Cherokee Holdings Pte Ltd
Bought by
Davis Marvin O and Finley-Davis Lynn
Seller's Agent
KRIS CAWLEY
NOT A VALID MEMBER
Buyer's Agent
Sherry Bivins
Market South Properties, Inc.
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%
Total Days on Market
184
Current Estimated Value
$1,033,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$558,157
Avg. Annual Appreciation
6.83%
Original Mortgage
$369,600
Outstanding Balance
$279,853
Interest Rate
4.39%
Mortgage Type
New Conventional
Estimated Equity
$753,304
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
Davis Marvin O $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Marvin O $369,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2013 09/05/13 Sold $475,000 -9.5% $92 / Sq Ft
07/28/2013 07/28/13 Pending -- -- --
01/25/2013 01/25/13 For Sale $525,000 -- $102 / 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 $13,095 $335,520 $54,720 $280,800
2023 $13,390 $334,480 $54,720 $279,760
2022 $12,710 $317,360 $54,720 $262,640
2021 $10,788 $271,160 $44,240 $226,920
2020 $9,856 $231,280 $30,160 $201,120
2019 $10,382 $231,280 $30,160 $201,120
2018 $10,428 $231,280 $30,160 $201,120
2017 $9,333 $205,080 $30,160 $174,920
2016 $9,333 $205,080 $30,160 $174,920
2015 $8,944 $196,320 $21,400 $174,920
2014 $8,269 $179,600 $19,339 $160,261
2013 -- $235,840 $33,000 $202,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5103490

First Multiple Listing Service (FMLS)

APN: 003-0-01-0048