NOT LISTED FOR SALE

408 the Gables Dr McDonough, GA 30253

Estimated Value: $418,000 - $428,000

7 Beds
4 Baths
3,003 Sq Ft
$140/Sq Ft Est. Value

Last Sold February 26, 2013

Last sale price $162,000 $54 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $2,645/month

16 Days on Market

Highlights

  • Community Lake
  • Tennis Courts
  • Dining Room
  • Community Pool
  • Living Room

About This Home

As of February 2013

Simply put - this is a winner. Large family home with full finished basement, recreation room, 7 bedrooms, 4 full baths, master on main level, large yard, wood floor 2 story entry foyer, a large family room with fireplace, separate formal dining room, sun-drenched breakfast area, great kitchen with lots of cabinetry, gas cooking, stainless aplliances, catwalk overlooks family room from above, situated in a great sidewalk community in Luella School district. Special financing available through Homepath Mortgage or Homepath Renovation financing with low down payments - perfect credit not required.

Last Agent to Sell the Property

Kelly Adams Cooley

Adams Asset Management Inc. License #161116 Listed on: 11/16/2012

Last Buyer's Agent

Richard Hines

Chapman Hall Premier, Realtors License #347258

Chapman Hall Premier, Realtors

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,798

Year Built

  • 2007

Lot Details

  • 0.84

Interior Spaces

  • 3,003 Sq Ft Home
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Luella / Henry / Henry County Elementary And Middle School
  • Luella / Henry / Henry County High School

Utilities

  • Private Water Source
  • Septic Tank

Community Details

Overview

  • Property has a Home Owners Association
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Other

Est. Annual Taxes

$4,798

Year Built

2007

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 2007

Interior Features

  • Fireplace(s): 1, In Living Room
  • Basement: Finished Rooms, Full
  • Kitchen Equipment: Dishwasher, Built-In Microwave
  • Interior Amenities: Trey Ceilings, Vaulted Ceilings, Ceilings 9 Ft Plus, Double Vanity, 2 Story Foyer, Entrance Foyer, Garden Tub, Tile Bath, Tile Floors, Walk-in Closet
  • Laundry Type: Room
  • Total Finished Sq Ft: 3003
  • Kitchen / Breakfast: Breakfast Area

Exterior Features

  • Construction: Stone/Frame
  • Exterior Features: Deck/Patio, Porch
  • Roof Type: Composition

Garage/Parking

  • Parking: 2 Car, Attached, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Gas
  • Heating: Central
  • Water/Sewer: Private Water, Septic Tank

Condo/Co-op/Association

  • HOA Fees: 380
  • HOA Fee Frequency: Annual
  • Fees Include: Grounds Maintenance, Management Fee, Swimming, Tennis

Association/Amenities

  • Amenities: Lake, Neighborhood Association, Pool, Sidewalks, Street Lights, Tennis Courts

Fee Information

  • Initiation Fee: 500.0

Schools

  • Elementary School: Luella / Henry / Henry County, GA
  • Elementary Bus Line: Yes
  • High School: Luella / Henry / Henry County, GA
  • High School Bus: Yes
  • Middle School: Luella / Henry / Henry County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Level Lot
  • Lot Size: 1/2 - 1 Acre, 1/3 - 1/2 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2012
Closed on
Feb 26, 2013
Sold by
Federal National Mortgage Association
Bought by
Castlin Lavetta
Seller's Agent
Kelly Adams Cooley
Adams Asset Management Inc.
Buyer's Agent
Richard Hines
Chapman Hall Premier, Realtors
List Price
$177,799
Sold Price
$162,000
Premium/Discount to List
-$15,799
-8.89%
Current Estimated Value
$421,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,667
Avg. Annual Appreciation
7.89%
Original Mortgage
$159,065
Outstanding Balance
$113,309
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$308,358

Purchase Details

Closed on
Mar 6, 2012
Sold by
Bank Of America Na
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Apr 27, 2007
Sold by
Knight Grp Inc
Bought by
Thomas Christina L and Thomas Rosa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,387
Interest Rate
6.1%
Mortgage Type
New Conventional
Source: Public Records

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
Castlin Lavetta -- --
Federal National Mtg Associati $227,159 --
Bank Of America Na $227,159 --
Thomas Christina L $279,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castlin Lavetta $159,065
Previous Owner Thomas Christina L $265,387
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2013 02/26/13 Sold $162,000 -8.9% $54 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
11/16/2012 11/16/12 For Sale $177,799 -- $59 / 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 $4,798 $173,280 $16,000 $157,280
2023 $4,145 $162,000 $14,000 $148,000
2022 $3,853 $128,280 $14,000 $114,280
2021 $3,400 $109,080 $14,000 $95,080
2020 $3,255 $102,960 $10,000 $92,960
2019 $3,077 $95,440 $10,000 $85,440
2018 $2,910 $88,360 $10,000 $78,360
2016 $2,828 $84,880 $8,000 $76,880
2015 $2,795 $80,680 $8,000 $72,680
2014 $2,798 $79,680 $8,000 $71,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07018725

Georgia MLS

APN: 078C-01-261-000