NOT LISTED FOR SALE

335 Lake Vista Ln Commerce, GA 30529

Estimated Value: $791,000 - $1,142,365

4 Beds
5.5 Baths
7,562 Sq Ft
$134/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $520,000 $69 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,902/month

284 Days on Market

Highlights

  • 1,200 Feet of Waterfront
  • Deep Water Access
  • Sitting Area In Primary Bedroom
  • Commerce Primary School Rated A-
  • Fishing
  • Community Lake

About This Home

As of October 2017

This custom lakefront estate is majestically situated on over 11 acre peninsula on a private, stocked lake and has 180 degree views of the water. The large kitchen features an island with a grill and cooktop, a large breakfast area and a separate dining room. The fireside living room boasts large two story windows with magnificent views of the lake. The master suite is on the main level with an additional 3 bedrooms/3 full baths located on the second level. Inviting large patio for entertaining off the finished terrace level with amazing views of the private grounds.

Last Agent to Sell the Property

Jay Bailey

Atlanta Fine Homes Sotheby's International License #333574 Listed on: 10/26/2016

Atlanta Fine Homes Sotheby's International

Last Buyer's Agent

Debbie Gilbert

Virtual Properties Realty.com License #166228

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,467

Year Built

  • Built in 1994

Lot Details

  • 11.62 Acre Lot
  • 1,200 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • Landscaped
  • Irrigation Equipment
  • Wooded Lot
  • Garden

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway Level

Home Design

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

Interior Spaces

  • 7,562 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Ceiling height of 10 feet on the main level
  • Fireplace Features Masonry
  • Two Story Entrance Foyer
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Computer Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wine Rack
  • Disposal

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Dual Closets
  • Walk-In Closet
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Deep Water Access
  • Waterfront Platform
  • Deck
  • Patio
  • Front Porch

Schools

  • Commerce Elementary And Middle School
  • Commerce High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Energy-Efficient Insulation

Listing and Financial Details

  • Assessor Parcel Number 035 013N

Community Details

Overview

  • Montgomery Shores Subdivision
  • Community Lake

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,467

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1994
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Living Room, Masonry, Master Bedroom
  • Number Of Fireplaces: 2
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Bookcases, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 10 ft Main, High Speed Internet, His and Hers Closets, Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Room, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room, Wine Rack
  • Common Walls: No Common Walls
  • Additional Rooms: Computer Room, Exercise Room, Family Room, Great Room - 1 Story, Office, Other
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 7562.00

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main, Sitting Room
  • Main Bedrooms: 1
  • Total Full Baths: 5
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Bidet, Double Vanity, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Waterfront Frontage: 1200
  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Front Porch, Patio
  • Exterior Features: Garden

Garage/Parking

  • Number of Garage Spaces: 3
  • Parking Features: Attached, Garage, Garage Door Opener, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm, Security System Owned, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Heating: Electric, Natural Gas, Propane, Zoned
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Fishing, Lake
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Montgomery Shores

Lot Info

  • Acres: 11.6200
  • Lot Features: Cul-De-Sac, Landscaped, Wooded
  • Parcel Number: 035 013N
  • Property Attached Yn: No

Green Features

  • Efficiency: Insulation

Tax Info

  • Taxes: 5467.00
  • Tax Year: 2014

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • Elementary School: Commerce
  • High School: Commerce
  • Middle School: Commerce

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2016
Closed on
Oct 20, 2017
Sold by
Gilbert Patrick L
Bought by
Gilbert Patrick L and Brewton Gilbert Debbie
Seller's Agent
Jay Bailey
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Debbie Gilbert
Virtual Properties Realty.com
List Price
$799,900
Sold Price
$520,000
Premium/Discount to List
-$279,900
-34.99%
Current Estimated Value
$1,015,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,591
Avg. Annual Appreciation
8.58%

Purchase Details

Closed on
Jan 5, 2011
Sold by
Neelagaru Sumithra
Bought by
Neelagaru Narasimhulu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$807,500
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2005
Sold by
Neelagaru Narasimhulu
Bought by
Neelagaru Sumithra

Purchase Details

Closed on
May 8, 1991
Bought by
Neelagaru Narasimhul
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gilbert Patrick L -- --
Gilbert Patrick L $520,000 --
Neelagaru Narasimhulu -- --
Neelagaru Sumithra -- --
Neelagaru Narasimhul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neelagaru Narasimhulu $807,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2017 10/20/17 Sold $520,000 -25.7% $69 / Sq Ft
08/06/2017 08/06/17 Pending -- -- --
06/21/2017 06/21/17 Price Changed $699,900 -6.7% $93 / Sq Ft
04/22/2017 04/22/17 Price Changed $749,900 -6.3% $99 / Sq Ft
10/26/2016 10/26/16 For Sale $799,900 -- $106 / 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 $6,662 $358,320 $82,960 $275,360
2023 $7,296 $328,920 $82,960 $245,960
2022 $7,659 $236,880 $43,680 $193,200
2021 $7,446 $236,880 $43,680 $193,200
2020 $7,349 $203,400 $43,680 $159,720
2019 $7,234 $197,360 $43,680 $153,680
2018 $6,889 $189,640 $43,680 $145,960
2017 $6,004 $162,446 $43,691 $118,755
2016 $6,032 $162,446 $43,691 $118,755
2015 $6,171 $162,446 $43,691 $118,755
2014 $5,467 $142,851 $43,691 $99,160
2013 -- $142,851 $43,691 $99,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5766306

First Multiple Listing Service (FMLS)

APN: 035-013N