NOT LISTED FOR SALE

405 Letchas Ln Alpharetta, GA 30009

Estimated Value: $943,000 - $1,027,933

3 Beds
3.5 Baths
2,333 Sq Ft
$424/Sq Ft Est. Value

Last Sold August 02, 2017

Last sale price $545,218 $234 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,605/month

Highlights

  • Newly Remodeled
  • Traditional Architecture
  • End Unit
  • Manning Oaks Elementary School Rated A-
  • Sun or Florida Room
  • Great Room

About This Home

As of August 2017

Forrester C. Walkable community located in the heart of downtown Alpharetta. End Unit. Features very open first floor,including spacious family room,dining room, & kitchen w/ hardwood flooring! Large glass sliders in kitchen open up to inviting courtyard, perfect for entertaining! Second floor is complete with oversized owner's retreat, luxurious bath and large walk in closet. The large secondary bedroom on second floor includes it's own private bath. The third floor is boasts a large bedroom/office/workout room & full bath. Ready for summer 2017 delivery.

Last Agent to Sell the Property

Brenda Lee

NOT A VALID MEMBER License #DUP Listed on: 02/08/2017

Co-Listed By

Linda Flaherty

Dorsey Alston Realtors License #177138

Last Buyer's Agent

Katie Rocco Gardner

Keller Williams North Atlanta License #354009

Keller Williams North Atlanta

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,246

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • End Unit
  • Landscaped
  • Irrigation Equipment

HOA Fees

  • $271 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 2,333 Sq Ft Home
  • 3-Story Property
  • Roommate Plan
  • Ceiling height of 9 feet on the lower level
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • Great Room
  • Sun or Florida Room
  • Open Access

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Hall
  • Laundry on upper level

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Schools

  • Manning Oaks Elementary School
  • Hopewell Middle School
  • Alpharetta High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Electric Water Heater

Additional Features

  • Patio
  • Property is near shops

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 73
  • Assessor Parcel Number 22 498412681538

Community Details

Overview

  • $1,626 Initiation Fee
  • East Of Main Subdivision

Recreation

  • Park

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,246

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$271 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse, Traditional
  • Property Condition: New Construction
  • Year Built: 2017
  • Levels Stories: Three Or More
  • Special Features: NewHome

Property Details

  • Property: Residential Attached

Interior Features

  • Fireplace Features: Factory Built, Family Room, Gas Log
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Microwave, Self Cleaning Oven
  • Interior Amenities: High Ceilings 9 ft Lower, High Ceilings 9 ft Main, High Ceilings 9 ft Upper
  • Kitchen Features: Breakfast Bar, Cabinets Other, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: End Unit
  • Additional Rooms: Family Room, Great Room - 1 Story, Sun Room
  • Square Footage: 2333.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Roommate Floor Plan, Split Bedroom Plan
  • Lower Bedrooms: 1
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick 3 Sides, Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Patio

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Fire Alarm, Open Access, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air, Natural Gas
  • Laundry Features: In Hall, Upper Floor
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Exterior, Maintenance Grounds, Termite, Trash
  • Community Features: Homeowners Assoc, Near Shopping, Park
  • Association Fee: 271
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: East of Main

Schools

  • Elementary School: Manning Oaks
  • Middle School: Hopewell
  • High School: Alpharetta

Lot Info

  • Lot: 73
  • Land/Lot: 1268
  • Section G M D: 2
  • Plat Book: 396
  • Plat Page: 96
  • Lot Features: Landscaped
  • Parcel Number: 22 498412681538
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Thermostat, Windows

Rental Info

  • Initiation Fee: 1626

Tax Info

  • Assessor Parcel Number: 22-4984-1268-153-8
  • Close Date: 2017-08-02
  • Tax Year: 2017

MLS Schools

  • Elementary School: Manning Oaks
  • High School: Alpharetta
  • Middle School: Hopewell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2020
Sold by
Raslack Rodney
Bought by
Cobb Michael Thomas and Cobb Allison H
Current Estimated Value
$990,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Outstanding Balance
$456,251
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$662,285
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cobb Michael Thomas $689,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cobb Michael T $150,000
Closed Cobb Michael Thomas $65,080
Open Cobb Michael Thomas $510,400
Previous Owner Raslack Rodney $364,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2017 08/02/17 Sold $545,218 -3.6% $234 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
03/17/2017 03/17/17 Price Changed $565,849 +5.1% $243 / Sq Ft
02/08/2017 02/08/17 For Sale $538,395 -- $231 / 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
2025 $1,246 $349,360 $115,400 $233,960
2023 $9,861 $349,360 $115,400 $233,960
2022 $6,183 $235,000 $42,160 $192,840
2021 $7,502 $228,160 $40,920 $187,240
2020 $6,342 $242,440 $64,040 $178,400
2019 $969 $203,600 $24,560 $179,040
2018 $5,123 $193,600 $18,760 $174,840
2017 $767 $21,960 $21,960 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5803029

First Multiple Listing Service (FMLS)

APN: 22-4984-1268-153-8