NOT LISTED FOR SALE

271 Preakness Way Forsyth, GA 31029

Estimated Value: $694,688 - $798,000

5 Beds
3 Baths
3,430 Sq Ft
$219/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $600,000 $175 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,660/month

18 Days on Market

Highlights

  • Community Stables
  • Community Lake
  • Private Lot
  • Samuel E. Hubbard Elementary School Rated A-
  • Dining Room Seats More Than Twelve
  • Family Room with Fireplace

About This Home

As of July 2022

Honey, stop the car!!! You won’t want to miss this stunning American Craftsman home in the highly sought after Riata equestrian community. Home offers a 3 Car garage, covered outdoor area w/ wood burning fireplace and professional landscaping & sprinkler system on a beautiful level 1.24 acre Lot. Enter through the 2 story foyer to a vaulted great room w/ fireplace open to a gorgeous kitchen boasting craftsman cabinets w/ granite countertops, a huge island, stainless appliances, gas cook top, pantry & more. The main level offers a separate dining room, spa like master suite and 2nd bedroom with a full bath perfect for an In-law suite. The upstairs has 2 bedrooms, huge bonus room or 5th bedroom and full bath. There’s also plenty of space for your furry family members with a iron picket fence in the back yard. Community offers a pool, playground, fully equipped equestrian facility, riding paths and hidden camper/rv parking. This home has it all! Come see what all the fuss is about! --

Last Listed By

Linda Bell

Bell Realty & Co. License #306673 Listed on: 05/20/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,583

Year Built

  • Built in 2020

Lot Details

  • 1.24 Acre Lot
  • Back Yard Fenced
  • Private Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Concrete Siding

Interior Spaces

  • 3,430 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Bonus Room
  • Expansion Attic
  • Storm Windows

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Built-In Oven
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Soaking Tub
  • Bathtub Includes Tile Surround
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

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

Outdoor Features

  • Patio
  • Outdoor Fireplace

Schools

  • Hubbard Elementary School
  • Monroe County Middle School
  • Mary Persons High School

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 49

Community Details

Overview

  • Association fees include ground maintenance, management fee, swimming
  • Riata Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Community Pool
  • Community Stables

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,583

Year Built

Built in 2020

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Financing Type: VA
  • Levels: Two
  • Lot Size Acres: 1.24
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 3430
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Tankless Water Heater, Cooktop, Dishwasher, Ice Maker, Oven (Wall)
  • Bedrooms: 5
  • Dining Room Features: Seats 12+, Separate Room
  • Basement: None
  • Total Finished Sq Ft: 3430
  • Above Grade Finished Sq Ft: 3430
  • Interior Amenities: Attic Expandable, Tray Ceiling(s), Vaulted Ceiling(s), Soaking Tub, Separate Shower, Tile Bath, Walk-In Closet(s), Master On Main Level, Split Bedroom Plan
  • Full Bathrooms: 3
  • Fireplace Features: Family Room, Outside, Gas Starter, Gas Log
  • Flooring: Hardwood, Tile, Carpet
  • Kitchen Features: Breakfast Area, Kitchen Island, Solid Surface Counters, Walk-in Pantry
  • Window Features: Double Pane Windows, Storm Window(s)
  • Price Per Square Foot: 174.93

Beds/Baths

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

Exterior Features

  • Construction Materials: Concrete, Wood Siding
  • Fencing: Back Yard
  • Foundation Details: Slab
  • Lot Features: Private
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage, Kitchen Level
  • ParkingTotal: 3

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Dual
  • Heating: Electric, Central, Forced Air
  • Laundry Features: In Kitchen
  • Sewer: Septic Tank
  • Utilities: Underground Utilities, Cable Available, High Speed Internet
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 500
  • Association: Yes
  • Community Features: Lake, Playground, Pool, Stable(s), Street Lights

Fee Information

  • Association Fee Includes: Maintenance Grounds, Management Fee, Swimming

Schools

  • Elementary School: Hubbard
  • High School: Mary Persons
  • High School Bus: Yes
  • Middle School: Monroe County
  • Middle School Bus: Yes
  • Elementary School: Hubbard
  • Middle School: Monroe County
  • High School: Mary Persons

Lot Info

  • Land Lot: 30
  • Lot: 49
  • Plat Book: 27
  • Plat Page: 264

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4583

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jul 8, 2022
Sold by
Kingsbury Benjamin Drake
Bought by
Hale Milton C
Seller's Agent
Linda Bell
Bell Realty & Co.
Buyer's Agent
Linda Bell
Bell Realty & Co.
List Price
$620,000
Sold Price
$600,000
Premium/Discount to List
-$20,000
-3.23%
Total Days on Market
18
Current Estimated Value
$751,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,672
Avg. Annual Appreciation
6.39%
Original Mortgage
$495,000
Outstanding Balance
$476,128
Interest Rate
5.23%
Mortgage Type
VA
Estimated Equity
$239,810

Purchase Details

Closed on
Jul 22, 2020
Sold by
American Craftsman Homes Inc
Bought by
Kingsbury Benjamin Drake and Kingsbury Danielle Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2018
Sold by
Res Ga Sci Llc
Bought by
American Craftsman Homes Inc

Purchase Details

Closed on
Aug 2, 2011
Sold by
Standard Properties Inc
Bought by
Res-Ga Sci Llc

Purchase Details

Closed on
Jun 2, 2004
Bought by
Standard Properties Inc

Purchase Details

Closed on
Nov 21, 2003

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
Hale Milton C $600,000 --
Kingsbury Benjamin Drake $407,900 --
American Craftsman Homes Inc $105,800 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hale Milton C $495,000
Previous Owner Kingsbury Benjamin Drake $387,500
Previous Owner American Craftsman Homes Inc $273,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $600,000 -1.6% $175 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
05/30/2022 05/30/22 Price Changed $610,000 -1.6% $178 / Sq Ft
05/20/2022 05/20/22 For Sale $620,000 -- $181 / 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 $5,406 $232,120 $12,960 $219,160
2023 $5,406 $232,120 $12,960 $219,160
2022 $6,349 $201,960 $12,960 $189,000
2021 $4,573 $163,520 $12,960 $150,560
2020 $122 $4,240 $4,240 $0
2019 $123 $7,160 $7,160 $0
2018 $107 $3,680 $3,680 $0
2017 $128 $4,400 $4,400 $0
2016 $122 $4,400 $4,400 $0
2015 $115 $4,400 $4,400 $0
2014 $111 $4,400 $4,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Bell

    Seller's Agent in 2022

    Linda Bell

    Bell Realty & Co.

    (678) 898-4900

    153 Total Sales

    Linda Bell
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Map

Source: Georgia MLS

MLS Number: 20042876

Georgia MLS

APN: 015A-049

Georgia Monroe County Forsyth 31029

271 Preakness Way, Forsyth, GA

Homes for Sale in Forsyth, GA

This home is located at 271 Preakness Way, Forsyth, GA 31029 since 20 May 2022 and is currently estimated at $751,672, approximately $219 per square foot. This property was built in 2020. 271 Preakness Way is a home located in Monroe County with nearby schools including Samuel E. Hubbard Elementary School and Mary Persons High School.

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