NOT LISTED FOR SALE

450 W Magnolia Cir Unit 6 Alpharetta, GA 30005

Seven Oaks Neighborhood

Estimated Value: $964,877 - $1,170,000

6 Beds
5 Baths
3,858 Sq Ft
$278/Sq Ft Est. Value

Last Sold May 17, 2013

Last sale price $460,000 $119 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $6,959/month

124 Days on Market

Highlights

  • Fishing
  • Community Lake
  • Clubhouse
  • River Trail Middle School Rated A
  • Dining Room Seats More Than Twelve
  • Deck

About This Home

As of May 2013

Unbelievable home in popular community of Seven Oaks! Completely renovated from top to bottom, head to toe! New paint inside, refinished hardwoods ( all hardwoods on the main) . Granite counter tops, new appliances. Luxurious master suite, oversized master bath, granite counter tops, travertine floors, travertine shower, frameless shower doors. HUGE walk in closet. Larger secondary rooms. Finished basement with a built in bar, media room, full bath and a bedroom. Very Private cul de sac lot!

Last Listed By

Sarah Stovall

Century 21 Results License #254146 Listed on: 11/29/2012

Century 21 Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,085

Year Built

  • Built in 1999 | Remodeled

Lot Details

  • Cul-De-Sac
  • Private Lot
  • Garden

HOA Fees

  • Property has a Home Owners Association

Parking

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

Home Design

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

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Rear Stairs
  • Ceiling height of 10 feet on the main level
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Home Gym

Kitchen

  • Eat-In Country Kitchen
  • Open to Family Room
  • Double Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Outdoor Features

  • Deck

Schools

  • Findley Oaks Elementary School
  • River Trail Middle School
  • Northview High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 9 / f
  • Assessor Parcel Number 450WMagnoliaCIR

Community Details

Overview

  • $1,550 Initiation Fee
  • Seven Oaks Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,085

Year Built

Built in 1999 | Remodeled

Lot Details

0

HOA Fees

$129 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Year Built: 1999
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Double Oven, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, Walk-In Closet(s), Wet Bar
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Cabinets Stain, Country Kitchen, Solid Surface Counters, Eat-in Kitchen, Kitchen Island, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Exercise Room, Family Room, Living Room, Office
  • Dining Room Features: Seats 12+, Separate Dining Room

Beds/Baths

  • Total Bedrooms: 6
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Full Baths: 5
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick 3 Sides
  • Roof Type: Composition
  • Patio And Porch Features: Deck
  • Exterior Features: Garden, Rear Stairs

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Side

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Clubhouse, Fishing, Homeowners Assoc, Lake, Park, Playground, Pool, Sidewalks, Tennis Court(s)
  • Association Fee Frequency: Annually
  • Master Association Fee: 1550
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Seven Oaks

Schools

  • Elementary School: Findley Oaks
  • Middle School: River Trail
  • High School: Northview

Lot Info

  • Lot: 9
  • Land/Lot: 1257
  • Section G M D: 1
  • Lot Features: Cul-De-Sac, Private
  • Lot Dimensions: .69
  • Parcel Number: 450WMagnoliaCIR
  • Property Attached Yn: No

Rental Info

  • Initiation Fee: 1550

Tax Info

  • Taxes: 6085.00
  • Assessor Parcel Number: 21 57401230172
  • Close Date: 2013-05-17
  • Tax Year: 2011

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Findley Oaks
  • High School: Northview
  • Middle School: River Trail

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2012
Closed on
May 17, 2013
Sold by
Area 14 Real Estate Mtg In
Bought by
Ramani Vikram and Subrahmanyam Ramya Puranam
Seller's Agent
Sarah Stovall
Century 21 Results
Buyer's Agent
KIRAN HOMBAIAH
NOT A VALID MEMBER
List Price
$499,900
Sold Price
$460,000
Premium/Discount to List
-$39,900
-7.98%
Total Days on Market
124
Current Estimated Value
$1,072,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$612,469
Avg. Annual Appreciation
7.28%
Original Mortgage
$368,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2012
Sold by
Lacy Lawrence K
Bought by
Stonall Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2004
Sold by
Bibb James W and Bibb Kristen
Bought by
Lacy Lawrence K and Lacy Claudette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2001
Sold by
Bibb James W
Bought by
Bibbs James W and Bibbs Kristien

Purchase Details

Closed on
Apr 6, 2000
Sold by
Edward Lewis & Assocs Inc
Bought by
Bibb James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,100
Interest Rate
8.29%
Mortgage Type
New Conventional

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
Ramani Vikram $460,000 --
Stonall Jon $377,000 --
Lacy Lawrence K $480,000 --
Bibbs James W -- --
Bibb James $357,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramani Vikram $298,000
Closed Ramani Vikram $368,000
Previous Owner Area 14 Real Estate Mgt Inc $279,000
Previous Owner Lacy Lawrence K $453,378
Previous Owner Lacy Lawrence K $111,450
Previous Owner Lacy Lawrence K $420,000
Previous Owner Bibb James W $129,000
Previous Owner Bibb James W $50,000
Previous Owner Bibb James $286,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2013 05/17/13 Sold $460,000 -8.0% $119 / Sq Ft
04/02/2013 04/02/13 Pending -- -- --
11/29/2012 11/29/12 For Sale $499,900 -- $130 / 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 $10,610 $375,880 $86,200 $289,680
2022 $5,668 $305,880 $67,680 $238,200
2021 $5,600 $252,080 $62,280 $189,800
2020 $5,643 $258,000 $66,560 $191,440
2019 $727 $253,480 $65,400 $188,080
2018 $6,522 $237,120 $80,120 $157,000
2017 $5,551 $183,988 $35,148 $148,840
2016 $5,435 $183,990 $35,150 $148,840
2015 $5,495 $183,990 $35,150 $148,840
2014 -- $183,990 $35,150 $148,840
Source: Public Records

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Source: First Multiple Listing Service (FMLS)

MLS Number: 5087241

First Multiple Listing Service (FMLS)

APN: 21-5740-1230-172-7