NOT LISTED FOR SALE

5000 Riverlake Dr Duluth, GA 30097

Estimated Value: $1,215,551 - $1,345,000

6 Beds
6 Baths
5,955 Sq Ft
$216/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $715,000 $120 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $7,857/month

129 Days on Market

Highlights

  • Separate his and hers bathrooms
  • Gated Community
  • Deck
  • Simpson Elementary School Rated A
  • Community Lake
  • Private Lot

About This Home

As of October 2018

Custom-built 4-side brick in Charleston District of Wellington Lake. Bedrm on main w/full bath, 4 bedrooms up each w/ensuite bath. Expansive master w/sitting area, his/hers walk-in closets, heated tile floor in master bath. Large kit great for entertaining w/top grade granite, SS, 10' ceilings. Hardwoods & heavy trim. Open concept w/wet bar,butler's pantry & walk-in pantry, mudroom. Full daylight finished basement w/bedrm, full bath, media rm & billard rm. Tons of closet storage space & built in cabinets. Within the new Paul Duke STEM High School cluster district.

Last Agent to Sell the Property

Kathryn Sykes

NOT A VALID MEMBER License #359946 Listed on: 05/08/2018

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,576

Year Built

  • Built in 1999

Lot Details

  • 0.34 Acre Lot
  • Landscaped
  • Private Lot
  • Level Lot
  • Irrigation Equipment

Parking

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

Home Design

  • Traditional Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 5,955 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Gas Log Fireplace
  • Awning
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Second Story Great Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Game Room
  • Workshop
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Dual Closets
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry in Mud Room
  • Laundry Chute

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Finished Basement

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

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Location

  • Property is near shops

Schools

  • Simpson Elementary School
  • Pinckneyville Middle School
  • Norcross High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number R6318 282
  • Tax Block A

Community Details

Overview

  • Property has a Home Owners Association
  • $900 Swim or Tennis Fee
  • American Property Grp Association, Phone Number (678) 427-5437
  • Wellington Lake Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Swim or tennis dues are required
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,576

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

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

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Bookcases, Disappearing Attic Stairs, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 10 ft Main, His and Hers Closets, Low-Flow Fixtures, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Basement: Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets Other, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Game Room, Great Room - 1 Story, Great Room - 2 Story, Living Room, Office, Workshop
  • Dining Room Features: Butlers Pantry, Separate Dining Room
  • Square Footage: 5955.00
  • Window Features: Insulated Windows

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition, Ridge Vents
  • Patio And Porch Features: Deck, Front Porch, Patio
  • Exterior Features: Awning(s)

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: Fire Alarm, Smoke Detector(s)
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Chute, Mud Room
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Community Features: Gated, Homeowners Assoc, Lake, Near Shopping, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee: 900
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Hoa Contact Phone: 678-427-5437
  • Home Warranty: Yes
  • Management Company Email: Randy@apgrealty.com
  • Management Phone: 678-427-5437
  • Subdivision Complex: Wellington Lake

Association/Amenities

  • Management Company: American Property Grp

Lot Info

  • Acres: 0.3400
  • Plat Book: 33431
  • Plat Page: 0027
  • Lot Features: Landscaped, Level, Private
  • Lot Dimensions: .34 Acres
  • Parcel Number: R6318 282
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat, Windows

Tax Info

  • Taxes: 7576.00
  • Tax Year: 2018

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Simpson
  • High School: Norcross
  • Middle School: Pinckneyville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2018
Closed on
Oct 19, 2018
Sold by
Sykes James R
Bought by
Shelton Sterling
Seller's Agent
Kathryn Sykes
NOT A VALID MEMBER
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$762,000
Sold Price
$715,000
Premium/Discount to List
-$47,000
-6.17%
Current Estimated Value
$1,284,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$569,388
Avg. Annual Appreciation
8.41%
Original Mortgage
$415,000
Outstanding Balance
$361,938
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$922,450

Purchase Details

Closed on
Sep 25, 2000
Sold by
Sykes James R and Sykes Kathryn S
Bought by
Sykes James R and Sykes Kathryn S

Purchase Details

Closed on
Aug 11, 1999
Sold by
Point Enterprises Inc
Bought by
Sykes James R and Sykes Kathryn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shelton Sterling $715,000 --
Shelton Sterling $715,000 --
Sykes James R -- --
Sykes James R $523,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shelton Sterling $415,000
Closed Shelton Sterling $415,000
Previous Owner Sykes James R $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2018 10/19/18 Sold $715,000 -3.6% $120 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
08/10/2018 08/10/18 Price Changed $742,000 -2.6% $125 / Sq Ft
05/08/2018 05/08/18 For Sale $762,000 -- $128 / 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 $13,677 $497,240 $61,960 $435,280
2024 $10,276 $320,000 $63,200 $256,800
2023 $10,276 $389,960 $69,200 $320,760
2022 $9,257 $359,440 $63,200 $296,240
2021 $9,438 $269,720 $44,000 $225,720
2020 $8,407 $269,720 $44,000 $225,720
2019 $9,168 $269,720 $44,000 $225,720
2018 $7,892 $244,520 $40,000 $204,520
2016 $7,853 $244,520 $40,000 $204,520
2015 $7,936 $244,520 $40,000 $204,520
2014 -- $244,520 $40,000 $204,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6008788

First Multiple Listing Service (FMLS)

APN: 6-318-282