$525,000
SOLD JAN 4, 2023

40 River Rapids Dr Forsyth, GA 31029

4 Beds
3.5 Baths
3,300 Sq Ft
1.01 Acres

Recently Sold

$159 Per Sq Ft

9% Below List Price

29 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Bonus Room
  • Katherine B. Sutton Elementary School Rated A-
  • 1 Fireplace
  • High Ceiling

About This Home

As of January 2023

Great home in popular Riverwalk subdivision! On a stocked pond with high-speed internet. Lots of space with four bedrooms and a finished bonus area upstairs. Monroe County schools are some of the best in the state. Easy interstate access -only about two miles from subdivision entrance. Heated pool and hot tub. Fresh interior paint and the buyers are offering to pay up to $10,000 in closing costs.

Last Agent to Sell the Property

Brian Burnett

Brian Burnett Realty, LLC License #212031 Listed on: 11/06/2022

Last Buyer's Agent

Kim Mills

Keller Williams Realty Atl. Partners License #216415

Keller Williams Realty Atl. Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,414

Year Built

  • Built in 2014

Lot Details

  • 1.01 Acre Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • 1 Fireplace
  • Two Story Entrance Foyer
  • Great Room
  • Family Room
  • Bonus Room
  • Home Gym

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Soaking Tub
  • Bathtub Includes Tile Surround
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in Hall

Schools

  • Kb Sutton Elementary School
  • Monroe County Middle School
  • Mary Persons High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Underground Utilities
  • Propane
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Riverwalk Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,414

Year Built

Built in 2014

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2014
  • ArchitecturalStyle: Other
  • Main Level Half Bathrooms: 1
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: 1.01
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 3300
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Ice Maker, Microwave, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 4
  • Basement: None
  • Total Finished Sq Ft: 3300
  • Above Grade Finished Sq Ft: 3300
  • Interior Amenities: High Ceilings, Double Vanity, Two Story Foyer, Soaking Tub, Separate Shower, Tile Bath, Walk-In Closet(s), Master On Main Level
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Hardwood, Tile, Carpet
  • Price Per Square Foot: 159.09

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Lot Features: None
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Laundry Features: In Hall
  • Sewer: Septic Tank
  • Utilities: Underground Utilities, Electricity Available, High Speed Internet, Propane, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 200
  • Association: Yes
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: KB Sutton
  • High School: Mary Persons
  • Middle School: Monroe County
  • Elementary School: KB Sutton
  • Middle School: Monroe County
  • High School: Mary Persons

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2022
Closed on
Jan 4, 2023
Sold by
Goff Thomas
Bought by
Marlowe Matthew and Marlowe Elizabeth
Seller's Agent
Brian Burnett
Brian Burnett Realty, LLC
Buyer's Agent
Kim Mills
Keller Williams Realty Atl. Partners
List Price
$575,000
Sold Price
$525,000
Premium/Discount to List
-$50,000
-8.7%
Views
36
Current Estimated Value
$658,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,068
Avg. Annual Appreciation
9.20%
Original Mortgage
$498,750
Outstanding Balance
$485,267
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$173,527

Purchase Details

Listed on
Jun 17, 2015
Closed on
Dec 2, 2015
Sold by
Three Oaks Construction An
Bought by
Goff Thomas E and Holly Goff
Seller's Agent
Matt Gilbert
New Atlantic Realty Group Inc.
Buyer's Agent
George Emami
PrimePoint Ventures
List Price
$319,000
Sold Price
$289,000
Premium/Discount to List
-$30,000
-9.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%
Original Mortgage
$297,630
Interest Rate
3.91%
Mortgage Type
VA

Purchase Details

Closed on
Feb 6, 2014
Sold by
Harpe Derick T and Harpe Karisa Tiana
Bought by
Three Oaks Construction & Development In

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2011
Bought by
Harpe Derick T

Purchase Details

Closed on
Dec 16, 2011
Bought by
Harpe Derick T

Purchase Details

Closed on
Jul 7, 2006
Sold by
Not Provided
Bought by
Overlook At Arkwright
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 Type Sale Price Title Company
Warranty Deed $525,000 --
Warranty Deed $289,000 --
Deed $8,000 --
Warranty Deed $8,000 --
Deed $9,500 --
Deed $9,500 --
Deed $115,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $498,750 New Conventional
Previous Owner $297,630 VA
Previous Owner $312,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2023 01/04/23 Sold $525,000 -4.5% $159 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
11/23/2022 11/23/22 Price Changed $550,000 -4.3% $167 / Sq Ft
11/06/2022 11/06/22 For Sale $575,000 +99.0% $174 / Sq Ft
12/02/2015 12/02/15 Sold $289,000 -9.4% $90 / Sq Ft
11/17/2015 11/17/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $319,000 -- $100 / 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 $5,414 $212,400 $20,800 $191,600
2023 $5,414 $183,120 $20,800 $162,320
2022 $3,722 $149,480 $13,000 $136,480
2021 $3,693 $143,760 $7,280 $136,480
2020 $3,411 $118,720 $5,760 $112,960
2019 $3,438 $118,720 $5,760 $112,960
2018 $3,421 $117,760 $4,800 $112,960
2017 $3,381 $116,320 $3,360 $112,960
2016 $3,194 $116,320 $3,360 $112,960
2015 $3,084 $117,720 $3,360 $114,360
2014 $71 $2,800 $2,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20085070

Georgia MLS

APN: 038A-014