NOT LISTED FOR SALE

4390 Oglethorpe Loop NW Acworth, GA 30101

Estimated Value: $2,273,000 - $2,310,690

7 Beds
8.5 Baths
10,400 Sq Ft
$221/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $1,050,000 $101 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $12,817/month

29 Days on Market

Highlights

  • On Golf Course
  • Country Club
  • Second Kitchen
  • Pickett's Mill Elementary School Rated A
  • Fitness Center
  • Media Room

About This Home

As of March 2012

IMPRESSIVE WROUGHT IRON GATED EARTHCRAFT ESTATE IN PRESTIGIOUS GOVERNORS TOWNE CLUB W/ DRAMATIC 2 STORY CURVED STAIRCASE ENTRY/MAGNIFICENT 2 STORY VIEWS THROUGHOUT OF EUROPEAN STYLE POOL W/ EXQUISITE WATERFALL FEATURES & GOLF COURSE/CHERRY WAINSCOT PANELED STUDY/SPECTACULAR FIRESIDE KITCHEN W/CYPRESS CEILING VAULTED OVERSIZED KEEPING RM & BEAUTIFUL SCREENED PORCH OVERLOOKING POOL/LARGE CASUAL DINING & DECK FOR AL FRESCO DINING AT ITS BEST/STUNNING MASTER ON MAIN W/MORNING BAR/TERRACE LEVEL HOME THEATER,2ND MASTER/2ND KITCHEN/BILLIARDS/OUTSTANDING ENTERTAINMENT AREAS

Last Agent to Sell the Property

Diane Tatum

Atlanta Communities License #333428 Listed on: 01/23/2012

Atlanta Communities

Last Buyer's Agent

CHARLOTTE S AYERS

Kenneth G. Horton Realty, Inc. License #36437

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,231

Year Built

  • Built in 2008

Lot Details

  • Property fronts a private road
  • On Golf Course
  • Fenced
  • Landscaped
  • Private Lot
  • Irrigation Equipment

HOA Fees

  • $217 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • European Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 10,400 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Rear Stairs
  • Bookcases
  • Beamed Ceilings
  • Tray Ceiling
  • Ceiling height of 10 feet on the lower level
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Living Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Media Room
  • Home Office
  • Computer Room
  • Game Room
  • Screened Porch
  • Keeping Room with Fireplace
  • Home Gym
  • Wood Flooring
  • Golf Course Views

Kitchen

  • Second Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Indoor Grill
  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 7 Bedrooms | 1 Primary Bedroom on Main
  • Dual Closets
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Mud Room
  • Laundry on upper level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Security Gate

Eco-Friendly Details

  • EarthCraft House
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Deck
  • Patio
  • Outdoor Gas Grill

Schools

  • Pickett's Mill Elementary School
  • Durham Middle School
  • Allatoona High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Air Filter
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 4390OGLETHORPE

Community Details

Overview

  • $1,836 Swim or Tennis Fee
  • $1,000 Initiation Fee
  • Governors Towne Club Association
  • Governors Towne Club Subdivision

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Golf Course Community
  • Country Club
  • Tennis Courts
  • Community Playground
  • Swim or tennis dues are required
  • Fitness Center
  • Community Pool
  • Park

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,231

Year Built

Built in 2008

Lot Details

0

HOA Fees

$217 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: European, Traditional
  • Property Condition: Resale
  • Year Built: 2008
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Basement, Family Room, Gas Log, Keeping Room
  • Number Of Fireplaces: 3
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, ENERGY STAR Qualified Appliances, Gas Range, Gas Water Heater, Indoor Grill, Microwave, Self Cleaning Oven
  • Interior Amenities: Beamed Ceilings, Bookcases, Central Vacuum, Entrance Foyer, High Ceilings 10 ft Lower, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Basement: Daylight, Exterior Entry, Finished, Full
  • Kitchen Features: Second Kitchen, Breakfast Bar, Cabinets Stain, Stone Counters, Eat-in Kitchen, Keeping Room, Pantry Walk-In, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Computer Room, Exercise Room, Game Room, Great Room - 1 Story, Living Room, Media Room, Office
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 10400.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 7
  • Bedroom Features: Master on Main, Sitting Room
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Full Baths: 8
  • Total Half Baths: 1
  • Lower Full Bathrooms: 2
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Lake Name: Allatoona
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Patio, Screened
  • Exterior Features: Gas Grill, Rear Stairs
  • Pool Features: Gunite, In Ground
  • View: Golf Course

Garage/Parking

  • Number of Garage Spaces: 3
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Side, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security Gate, Security Service, Security System Owned
  • Cooling: Ceiling Fan(s), Central Air, Electric Air Filter, Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: Mud Room, Upper Floor

Condo/Co-op/Association

  • Community Features: Clubhouse, Country Club, Fitness Center, Gated, Golf Course, Homeowners Assoc, Park, Playground, Pool, Restaurant, Tennis Court(s)
  • Association Fee: 2600
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee: 1836
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Hoa Contact Phone: 678-439-3009
  • Subdivision Complex: GOVERNORS TOWNE CLUB

Association/Amenities

  • Management Company: GOVERNORS TOWNE CLUB

Lot Info

  • Lot: 16
  • Section G M D: 2ND
  • Lot Features: Landscaped, On Golf Course, Private
  • Lot Dimensions: .71
  • Parcel Number: 4390OGLETHORPE
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Insulation, Windows
  • Green Building Certifications: EarthCraft Home

Rental Info

  • Initiation Fee: 1000

Tax Info

  • Taxes: 11231.00
  • Tax Year: 2010

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Pickett's Mill
  • High School: Allatoona
  • Middle School: Durham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2012
Closed on
Mar 30, 2012
Sold by
Formicola Thomas E
Bought by
Harden Scott R and Harden Kathy O
Seller's Agent
Diane Tatum
Atlanta Communities
Buyer's Agent
CHARLOTTE S AYERS
Kenneth G. Horton Realty, Inc.
List Price
$1,250,000
Sold Price
$1,050,000
Premium/Discount to List
-$200,000
-16%
Current Estimated Value
$2,294,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,244,230
Avg. Annual Appreciation
5.88%
Original Mortgage
$500,000
Outstanding Balance
$344,773
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$1,949,457

Purchase Details

Closed on
Jun 29, 2009
Sold by
Bank Of North Georgia
Bought by
Formicola Thomas and Formicola Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2009
Sold by
Governors Towne Club Dev Inc
Bought by
Bank Of Georgia

Purchase Details

Closed on
Aug 5, 2008
Sold by
Vaughn Homes Inc
Bought by
Bank Of North Georgia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Harden Scott R $1,050,000 --
Formicola Thomas $999,000 --
Bank Of Georgia $30,100 --
Bank Of North Georgia $1,555,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harden Scott R $500,000
Previous Owner Formicola Thomas $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2012 03/30/12 Sold $1,050,000 -16.0% $101 / Sq Ft
02/21/2012 02/21/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $1,250,000 -- $120 / 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 $6,235 $907,648 $252,000 $655,648
2024 $6,057 $841,780 $252,000 $589,780
2023 $5,487 $801,804 $168,000 $633,804
2022 $5,623 $778,264 $112,000 $666,264
2021 $17,790 $670,748 $112,000 $558,748
2020 $16,326 $603,864 $112,000 $491,864
2019 $16,326 $603,864 $112,000 $491,864
2018 $16,326 $603,864 $112,000 $491,864
2017 $15,251 $582,356 $112,000 $470,356
2016 $13,295 $492,968 $112,000 $380,968
2015 $12,883 $460,968 $80,000 $380,968
2014 $12,106 $421,748 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diane Tatum

    Seller's Agent in 2012

    Diane Tatum

    Atlanta Communities

    (678) 640-4758

    13 in this area

    70 Total Sales

    Diane Tatum
    Section Image
  • CHARLOTTE S AYERS

    Buyer's Agent in 2012

    CHARLOTTE S AYERS

    Kenneth G. Horton Realty, Inc.

    (678) 642-0045

    8 in this area

    16 Total Sales

    CHARLOTTE S AYERS
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 4316855

First Multiple Listing Service (FMLS)

APN: 20-0038-0-037-0

Georgia Cobb County Acworth 30101

4390 Oglethorpe Loop NW, Acworth, GA

Not Listed for Sale

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