NOT LISTED FOR SALE

4470 Karls Gate Dr Marietta, GA 30068

Estimated Value: $856,000 - $1,065,000

5 Beds
4.5 Baths
3,677 Sq Ft
$273/Sq Ft Est. Value

Last Sold July 18, 2024

Last sale price $1,075,000 $292 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,094/month

4 Days on Market

Highlights

  • 99 Feet of Waterfront
  • Second Kitchen
  • Lake On Lot
  • Mount Bethel Elementary School Rated A
  • Fishing
  • Separate his and hers bathrooms

About This Home

As of July 2024

LAKEFRONT HOME in the coveted Princeton Lakes Neighborhood! What a perfect opportunity to own a home that will make you feel like you’re miles away overlooking Lake Lanier when you’re really in your conveniently located and walkable Swim & Tennis community in the top-rated Trifecta of Mt. Bethel, Dickerson and Walton! Walk to Mt. Bethel Elementary or down the path a stone’s throw away to the Swim & Tennis. Once entering the light-filled foyer enjoy the warm beauty of hardwood floors throughout the main level. Head to your left and your eyes are drawn to the family room’s fireplace and then immediately to the expansive view of the lake through the large kitchen bay window. To the right is an expansive dining room with space for after-dinner lounging. The show-stopping renovated kitchen with views of the lake has stainless appliances, 6-burner gourmet gas range, a huge quartz island with beverage cooler and microwave, and plenty of storage drawers. Doing dishes becomes a pleasure with the spectacular lake view. The serene level sodded yard on your way down to the lake could be a playground for all ages unless you prefer to head a bit further to the water! Enjoy the backyard all year long with the firepit patio. Of course, with a newly painted deck accessed by both dining room and kitchen doors, the party can be in multiple locations. Upstairs you will find four bedrooms. The Primary is quite large with walk-in closets, built-in window seating in the bedroom facing the lake. The other three bedrooms include an en-suite facing the lake, and two front facing bedrooms that share a renovated hallway bath. The upstairs can be accessed from either front or back stairways! The finished terrace level includes a kitchen with a small eat-in area, a full-sized fridge and new granite countertops. To complete the in-law suite you will find the renovated full bathroom, a fifth bedroom, a flex room/office/workout room and a large storage room/workshop. This floor would make a wonderful in-law suite and/or work at home office level providing many options for the sophisticated buyer. Don’t miss this rare opportunity to make this exquisite property your own oasis of serenity and luxury!

Last Agent to Sell the Property

BARBARA A REICHICK

Dorsey Alston Realtors License #288341 Listed on: 06/11/2024

Dorsey Alston Realtors

Co-Listed By

Cindy Stroman

Dorsey Alston Realtors License #408790

Last Buyer's Agent

Audrey Gibson

Compass License #370189

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,270

Year Built

  • Built in 1979

Lot Details

  • 10,598 Sq Ft Lot
  • Lot Dimensions are 272 x 99 x 256 x 98
  • 99 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Private Entrance
  • Landscaped
  • Front Yard Sprinklers
  • Back Yard Fenced and Front Yard

HOA Fees

  • $83 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 3,677 Sq Ft Home
  • 3-Story Property
  • Bookcases
  • Crown Molding
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Bay Window
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Home Office
  • Computer Room
  • Bonus Room
  • Lake Views

Kitchen

  • Second Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Oversized primary bedroom
  • Walk-In Closet
  • Separate his and hers bathrooms
  • In-Law or Guest Suite
  • Shower Only
  • Window or Skylight in Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Kitchen
  • Accessible Entrance

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Gray Water System

Outdoor Features

  • Lake On Lot
  • Deck
  • Rain Gutters

Location

  • Property is near schools
  • Property is near shops

Schools

  • Mount Bethel Elementary School
  • Dickerson Middle School
  • Walton High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01001400140

Community Details

Overview

  • $185 Initiation Fee
  • Homeside Properties Association
  • Secondary HOA Phone (678) 297-9566
  • Princeton Lakes Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,270

Year Built

Built in 1979

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: PRINCETON LAKE LOT 6 BLOCK A UNIT 2
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1979
  • Accessibility Features: Central Living Area, Accessible Entrance, Accessible Kitchen
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Concrete, Hardwood
  • Fireplace Features: Gas Starter, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Range Hood, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Bookcases, Crown Molding, Disappearing Attic Stairs, Entrance Foyer, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets White, Eat-in Kitchen, Kitchen Island, Second Kitchen, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Computer Room, Great Room, Kitchen, Laundry, Living Room, Office
  • Dining Room Features: Great Room, Seats 12+
  • Square Footage: 3677.00
  • Spa Features: None
  • Window Features: Bay Window(s), Double Pane Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: In-Law Floorplan, Oversized Master, Sitting Room
  • Lower Bedrooms: 1
  • Total Bathrooms: 5
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate His/Hers, Shower Only, Skylights

Exterior Features

  • Waterfront Frontage: 99
  • Construction Materials: Brick 3 Sides, Wood Siding
  • Roof Type: Composition
  • Fencing: Back Yard
  • Patio And Porch Features: Deck
  • Exterior Features: Gray Water System, Private Entry, Rain Gutters
  • View: Lake
  • Pool Private: No
  • Foundation: Brick/Mortar, Slab

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • 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: Swim, Tennis
  • Community Features: Clubhouse, Fishing, Homeowners Assoc, Lake, Near Schools, Near Shopping, Playground, Pool, Street Lights, Tennis Court(s)
  • Association Fee: 990
  • Association Fee Frequency: Annually
  • Association: Yes
  • Management Company Email: vweiger@homesideproperties.com
  • Management Phone: 678-297-9566
  • Subdivision Complex: PRINCETON LAKES

Association/Amenities

  • Management Company: Homeside Properties

Schools

  • Elementary School: Mount Bethel
  • Middle School: Dickerson
  • High School: Walton

Lot Info

  • Acres: 0.2433
  • Lot Features: Back Yard, Front Yard, Lake On Lot, Landscaped, Sprinklers In Front
  • Lot Dimensions: 272 x 99 x 256 x 98
  • Parcel Number: 01001400140
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 185

Tax Info

  • Taxes: 1270.00
  • Assessor Parcel Number: 01-0014-0-014-0
  • Close Date: 2024-07-18
  • Tax Year: 2023

Multi Family

  • Waterfront Features: Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Mount Bethel
  • High School: Walton
  • Middle School: Dickerson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Jul 18, 2024
Sold by
Engeman Robert Ferdinand and Engeman Stephanie Parson
Bought by
Schreiner Robert M and Schreiner Michelle V
Seller's Agent
BARBARA A REICHICK
Dorsey Alston Realtors
Buyer's Agent
Audrey Gibson
Compass
List Price
$1,048,000
Sold Price
$1,075,000
Premium/Discount to List
$27,000
2.58%
Views
29
Current Estimated Value
$1,002,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$72,518
Avg. Annual Appreciation
-5.75%
Original Mortgage
$860,000
Outstanding Balance
$851,247
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$151,235

Purchase Details

Listed on
Jun 8, 2023
Closed on
Aug 11, 2023
Sold by
Cooksey Ingrid E
Bought by
Engeman Robert Ferdinand and Engeman Stephanie Parson
Seller's Agent
Susan McNerney
BHHS Georgia Properties
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$925,000
Sold Price
$850,000
Premium/Discount to List
-$75,000
-8.11%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.73%

Purchase Details

Closed on
Aug 13, 2019
Sold by
Cooksey David S
Bought by
Cooksey Bobo

Purchase Details

Closed on
Mar 23, 1994
Sold by
Graves Donald R Charlotte
Bought by
Cooksey David S Ingrid E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.1%
Source: Public Records

Range of Values:

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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
Schreiner Robert M $1,075,000 None Listed On Document
Engeman Robert Ferdinand $850,000 None Listed On Document
Cooksey Bobo -- --
Cooksey David S Ingrid E $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schreiner Robert M $860,000
Previous Owner Bobo-Cooksey Ingrid E $50,000
Previous Owner Cooksey David S $175,000
Previous Owner Cooksey Ingrid B $50,000
Previous Owner Cooksey David S $277,000
Previous Owner Cooksey David S $275,000
Previous Owner Cooksey Ingrid E $250,000
Previous Owner Cooksey David S Ingrid E $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2024 07/18/24 Sold $1,075,000 +2.6% $292 / Sq Ft
06/16/2024 06/16/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $1,048,000 +23.3% $285 / Sq Ft
08/11/2023 08/11/23 Sold $850,000 0.0% $228 / Sq Ft
07/16/2023 07/16/23 Pending -- -- --
07/07/2023 07/07/23 Price Changed $850,000 -2.9% $228 / Sq Ft
06/17/2023 06/17/23 Price Changed $875,000 -5.4% $235 / Sq Ft
06/08/2023 06/08/23 For Sale $925,000 -- $249 / 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
2024 $8,601 $312,992 $84,000 $228,992
2023 $1,270 $246,284 $62,000 $184,284
2022 $1,405 $222,340 $54,000 $168,340
2021 $1,405 $222,340 $54,000 $168,340
2020 $5,239 $214,148 $48,000 $166,148
2019 $1,380 $214,148 $48,000 $166,148
2018 $1,278 $180,000 $38,000 $142,000
2017 $1,147 $180,000 $38,000 $142,000
2016 $1,181 $187,580 $38,000 $149,580
2015 $4,298 $172,964 $38,000 $134,964
2014 $4,324 $172,964 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7399129

First Multiple Listing Service (FMLS)

APN: 01-0014-0-014-0