NOT LISTED FOR SALE

405 Lake Manor Trace Unit 8 Alpharetta, GA 30022

Medlock Bridge Neighborhood

Estimated Value: $853,914 - $980,000

4 Beds
3 Baths
3,311 Sq Ft
$274/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $480,000 $145 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,625/month

5 Days on Market

Highlights

  • Community Lake
  • Clubhouse
  • Great Room
  • Medlock Bridge Elementary School Rated A
  • Bonus Room
  • Community Pool

About This Home

As of October 2015

Meticulously maintained and professionally landscaped brick home built by David Weekley in popular Medlock Bridge! One owner home has a private, flat backyard and a covered front porch that has a view of the lake. Home shows like new and is freshly painted both inside and out. A two-story foyer leads to a great room filled with lots of windows, natural light and a stone fireplace. Spacious Kitchen has a bay window in the breakfast area, a large island and upgraded cabinetry, counter tops, lighting, fixtures and appliances.Master bedroom is upstairs.Excellent Schools!

Last Listed By

Tracy Spohn Witt

RE/MAX Center License #361427 Listed on: 09/15/2015

RE/MAX Center

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $7,164

Year Built

  • 2001

Lot Details

  • 0.33

Home Design

  • Roof Vent Fans

Interior Spaces

  • 3,311 Sq Ft Home
  • Central Vacuum
  • Double Pane Windows
  • Great Room
  • Living Room
  • Dining Room
  • Library
  • Bonus Room
  • Alarm System

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom
  • Natural lighting in basement

Location

  • Property is near schools

Utilities

  • Programmable Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 70 / B

Community Details

Overview

  • Property has a Home Owners Association
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Swim Team
  • Tennis Club
  • Community Pool
  • Park

Property Details

Home Type

Other

Est. Annual Taxes

$7,164

Year Built

2001

Lot Details

0

Listing Details

  • District: 1ST
  • Section: 1ST
  • Special Features: None
  • Year Built: 2001

Interior Features

  • Fireplaces: 1
  • Fireplace(s): 1, In Great/Family Room
  • Main Floor Bedrooms: 1
  • Main Level Full Bathrooms: 1
  • Basement: Bath Stubbed, Daylight, Inside Entrance, Outside Entrance, Full
  • Equipment: Burglar Alarm, Central Vacuum
  • Kitchen Equipment: Dishwasher, Garbage Disposal, Built-In Microwave, Refrigerator
  • Interior Amenities: Bookcases, Trey Ceilings, Vaulted Ceilings, Ceilings 9 Ft Plus, Double Vanity, 2 Story Foyer, Entrance Foyer, Gas Logs, Hardwood Floors, Separate Shower, Tile Bath, Tile Floors, Walk-in Closet, Wall-to-wall Carpet, Whirlpool Bath
  • Laundry Type: No Laundry
  • Kitchen / Breakfast: Breakfast Area, Island, Pantry, Solid Surface Counters
  • Above Grade Finished Sq Ft: 3311

Exterior Features

  • Roof: Composition
  • Exterior Features: Deck/Patio, Fenced Yard, Porch
  • Construction: Brick 3 Sided
  • Waterfront Type: Water View

Garage/Parking

  • Parking: 2 Car, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central, Zoned/Dual
  • Heating Fuel: Gas
  • Heating: Forced Air, Zoned/Dual
  • Energy Features: Double Pane/Thermo, Programmable Thermostat, Roof Vent Fans, Electric Water Heater
  • Water/Sewer: Public Water, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 1050
  • HOA Fee Frequency: Annual
  • Fees Include: Swimming, Tennis

Association/Amenities

  • Amenities: Clubhouse, Lake, Neighborhood Association, Park, Pool, Sidewalks, Street Lights, Swim Team, Tennis Courts, Tennis Team, Walk To Schools

Fee Information

  • Initiation Fee: 1500.0

Schools

  • Elementary Bus Line: Yes
  • High School Bus: Yes
  • Middle School Bus: Yes
  • Elementary School: Medlock Bridge / Fulton / Fulton County, GA
  • Middle School: Autrey Milll / Fulton / Fulton County, GA
  • High School: Johns Creek / Fulton / Fulton County, GA

Lot Info

  • Lot Description: Private Backyard
  • Lot Size: Less than 1/3 Acre
  • Land Lot: 282
  • Lot: 70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2015
Closed on
Oct 9, 2015
Sold by
Loudin Ronald G
Bought by
Pan Jady Jieqi and Smith Jeffrey Bryant
Seller's Agent
Tracy Spohn Witt
RE/MAX Center
Buyer's Agent
KANA HORVATH
New Century Real Estate Group
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%
Total Days on Market
5
Current Estimated Value
$906,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,979
Avg. Annual Appreciation
6.54%

Purchase Details

Closed on
May 21, 2001
Sold by
Weekley Homes Lp
Bought by
Loudin Ronald G and Loudin Kathy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,866
Interest Rate
7.06%
Mortgage Type
New Conventional

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
Pan Jady Jieqi $480,000 --
Loudin Ronald G $367,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loudin Ranald G $348,200
Previous Owner Loudin Ronald G $295,600
Previous Owner Loudin Ronald G $100,000
Previous Owner Loudin Ronald G $304,465
Previous Owner Loudin Ronald G $50,000
Previous Owner Loudin Ronald G $294,057
Previous Owner Loudin Ronald G $298,866
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2015 10/09/15 Sold $480,000 -3.0% $145 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
09/15/2015 09/15/15 For Sale $495,000 -- $150 / 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
2023 $7,164 $253,800 $51,200 $202,600
2022 $6,049 $197,120 $42,520 $154,600
2021 $6,029 $191,360 $41,280 $150,080
2020 $6,118 $190,080 $45,440 $144,640
2019 $802 $203,520 $34,600 $168,920
2018 $5,174 $190,800 $36,760 $154,040
2017 $5,408 $158,880 $32,440 $126,440
2016 $6,440 $192,000 $39,440 $152,560
2015 $4,935 $157,920 $32,440 $125,480
2014 $5,110 $157,920 $32,440 $125,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07523205

Georgia MLS

APN: 11-0810-0282-031-1