NOT LISTED FOR SALE

405 Letchas Ln Alpharetta, GA 30009

Estimated Value: $944,000 - $1,254,000

3 Beds
3.5 Baths
2,468 Sq Ft
$420/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $689,000 $279 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,878/month

20 Days on Market

Highlights

  • Open-Concept Dining Room
  • Property is walking distance to MARTA
  • Traditional Architecture
  • Manning Oaks Elementary School Rated A-
  • Oversized primary bedroom
  • Wood Flooring

About This Home

As of October 2020

Incredible opportunity in the highly sought after East Of Main Subdivision! This luxurious custom end unit townhome boasts high end custom finishes throughout, such as hardwood floors, upgraded lighting, custom wood work throughout, gourmet kitchen featuring granite countertops, stainless steel appliances, upper cabinet & under cabinet lighting which overlooks the fireside great room. Upstairs offers the owners suite complete with a huge walk in closet, double vanities, a tile shower with rain head and body sprays & a large soaking tub. The homeowners left no detail undone. 2 additional ensuite bed & baths plus the laundry room upstairs. Tons of extra storage space in this house! Step outside to your very own homeowners paradise. Spacious covered patio with custom retractable screens overlooks the fenced in side yard with the lush grass and beautiful landscaping. This is the best lot in the neighborhood! Far enough from the main road for privacy yet close enough to walk to downtown Alpharetta, city center and the park across the street. This is an incredible opportunity you do not want to miss! Call to schedule your private showing today. *Covered patio area is NOT included in the square footage*

Last Agent to Sell the Property

Katie Rocco Gardner

Keller Williams North Atlanta License #354009 Listed on: 09/10/2020

Keller Williams North Atlanta

Last Buyer's Agent

Joni Fitzgerald

NOT A VALID MEMBER License #269329

NOT A VALID MEMBER

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,266

Year Built

  • Built in 2017

Lot Details

  • 4,748 Sq Ft Lot
  • Property fronts a private road
  • End Unit
  • Wrought Iron Fence
  • Landscaped
  • Garden
  • Back Yard Fenced

HOA Fees

  • $271 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

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

Interior Spaces

  • 2,468 Sq Ft Home
  • 3-Story Property
  • Tray Ceiling
  • Ceiling height of 10 feet on the main level
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Insulated Windows
  • Private Rear Entry
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Open-Concept Dining Room
  • Breakfast Room
  • Formal Dining Room
  • Sun or Florida Room
  • Security System Leased

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Oversized primary bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Courtyard
  • Covered patio or porch
  • Rain Gutters

Location

  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 220 Volts
  • 110 Volts
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 73
  • Assessor Parcel Number 22 498412681538

Community Details

Overview

  • $2,220 Initiation Fee
  • East Of Main Subdivision
  • Rental Restrictions

Recreation

  • Trails

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,266

Year Built

Built in 2017

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: Resale
  • Year Built: 2017
  • Levels Stories: Three Or More
  • Cert Prof Home Bldrs Legacy: Providence Group
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Range Hood
  • Interior Amenities: Double Vanity, Entrance Foyer, High Ceilings 9 ft Upper, High Ceilings 10 ft Main, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: End Unit
  • Additional Rooms: Family Room, Great Room - 1 Story, Sun Room
  • Dining Room Features: Open Concept, Separate Dining Room
  • Square Footage: 2468.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Oversized Master
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick 3 Sides
  • Roof Type: Composition
  • Fencing: Back Yard, Fenced, Wrought Iron
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch
  • Exterior Features: Courtyard, Garden, Private Rear Entry, Rain Gutters

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Garage Faces Rear, Kitchen Level, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Security System Leased, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Heating: Central, Forced Air, Zoned
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Exterior, Maintenance Grounds, Trash
  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc, Near Marta, Near Schools, Near Shopping, Near Trails/Greenway, Sidewalks, Street Lights
  • Association Fee: 3252
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: East of Main

Association/Amenities

  • Number Of Units In Community: 1

Schools

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

Lot Info

  • Acres: 0.1090
  • Lot: 73
  • Land/Lot: 1268
  • Section G M D: 2
  • Deed Book: 57811
  • Deed Page: 196
  • Plat Book: 396
  • Plat Page: 96
  • Lot Features: Back Yard, Landscaped, Level
  • Lot Dimensions: x
  • Parcel Number: 22 498412681538
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Efficiency: HVAC, Insulation, Thermostat
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 2220

Tax Info

  • Taxes: 5266.00
  • Assessor Parcel Number: 22-4984-1268-153-8
  • Close Date: 2020-10-28
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Manning Oaks
  • High School: Alpharetta
  • Middle School: Hopewell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 28, 2020
Sold by
Raslack Rodney
Bought by
Cobb Michael Thomas and Cobb Allison H
Seller's Agent
Katie Rocco Gardner
Keller Williams North Atlanta
Buyer's Agent
Joni Fitzgerald
NOT A VALID MEMBER
List Price
$699,000
Sold Price
$689,000
Premium/Discount to List
-$10,000
-1.43%
Total Days on Market
20
Current Estimated Value
$1,035,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,509
Avg. Annual Appreciation
9.18%
Original Mortgage
$510,400
Outstanding Balance
$459,335
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$576,174
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 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
10/28/2020 10/28/20 Sold $689,000 0.0% $279 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/20/2020 09/20/20 Price Changed $689,000 -1.4% $279 / Sq Ft
09/10/2020 09/10/20 For Sale $699,000 -- $283 / 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
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

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6779739

First Multiple Listing Service (FMLS)

APN: 22-4984-1268-153-8