NOT LISTED FOR SALE

501 Monarch Lake Way Stockbridge, GA 30281

Estimated Value: $508,000 - $534,000

5 Beds
5 Baths
3,522 Sq Ft
$149/Sq Ft Est. Value

Last Sold August 07, 2015

Last sale price $297,000 $84 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,450/month

4 Days on Market

Highlights

  • Community Lake
  • Recreation Room
  • Community Pool
  • Clubhouse
  • Solarium
  • Tennis Courts

About This Home

As of August 2015

This former model scores a perfect 10. Meticulously loved & maintained. Open floor plan, sunny & bright, plantation shutters, immaculate throughout. Spacious family room, sunroom. Master is on main as well as a guest bedroom with en suite bath. 2 huge bedrooms & full bath upstairs. Terrace level offers ultimate man cave with custom made wet bar, surround sound, huge rec room, bedroom & full bath. 2nd driveway leads to additional 2 car garage under main level, totaling 4 car garage. Minutes from shopping, dining & I 75/I 675. Amazing home, a lot of house for the money!!!

Last Agent to Sell the Property

Veronique Jones

HomeSmart License #320319 Listed on: 06/30/2015

HomeSmart

Last Buyer's Agent

Julie Griffin

Southern Classic Realtors License #181493

Southern Classic Realtors

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $8,072

Year Built

  • 2000

Lot Details

  • 0.42

Home Design

  • Ceiling Insulation
  • Floor Insulation
  • Roof Vent Fans

Interior Spaces

  • Double Pane Windows
  • Family Room
  • Dining Room
  • Library
  • Recreation Room
  • Solarium

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Boat door in Basement
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Intercom
  • Alarm System
  • Fire and Smoke Detector

Location

  • Property is near schools

Schools

  • Red Oak / Henry / Henry County Elementary School
  • Dutchtown / Henry / Henry County Middle School
  • Dutchtown / Henry / Henry County High School

Utilities

  • Underground Utilities
  • Electric Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Property Details

Home Type

Other

Est. Annual Taxes

$8,072

Year Built

2000

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 2000

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Factory Built, Gas Starter, Masonry
  • Basement: Bath Finished, Boat Door, Daylight, Inside Entrance, Outside Entrance, Finished Rooms, Full
  • Equipment: Burglar Alarm, Smoke/Fire Alarm, Intercom/Radio
  • Kitchen Equipment: Separate Cooktop, Dishwasher, Double Oven, Garbage Disposal, Icemaker Line, Built-In Microwave, Wall Oven
  • Interior Amenities: Bookcases, Cable In Street, Cable TV Connections, Trey Ceilings, Vaulted Ceilings, Ceilings 9 Ft Plus, Double Vanity, Entrance Foyer, Gas Logs, Hardwood Floors, Separate Shower, Tile Bath, Tile Floors, Walk-in Closet, Wall-to-wall Carpet, Wet Bar, Whirlpool Bath
  • Laundry Location: Hall
  • Laundry Type: Room
  • Below Grade Finished Sq Ft: 2491
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Island, Pantry, Solid Surface Counters
  • Above Grade Finished Sq Ft: 3522

Exterior Features

  • Construction: Brick 3 Sided, Concrete Siding
  • Exterior Features: Deck/Patio
  • Roof Type: Composition

Garage/Parking

  • Parking: 3 Car Or More, Attached, Auto Garage Door, Drive Under/Basement, Garage, Kitchen Level Entry, Side/Rear Entrance

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Gas
  • Heating: Forced Air
  • Energy Features: Double Pane/Thermo, Ceiling Insulation, Floor Insulation, Roof Vent Fans, Electric Water Heater
  • Water/Sewer: Public Water, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 550
  • HOA Fee Frequency: Annual
  • Fees Include: Swimming, Tennis

Association/Amenities

  • Amenities: Clubhouse, Lake, Neighborhood Association, Playground, Pool, Sidewalks, Street Lights, Tennis Courts, Underground Utilities, Walk To Schools

Schools

  • Elementary School: Red Oak / Henry / Henry County, GA
  • High School: Dutchtown / Henry / Henry County, GA
  • High School Bus: Yes
  • Middle School: Dutchtown / Henry / Henry County, GA
  • Middle School Bus: Yes

Lot Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2015
Closed on
Aug 7, 2015
Sold by
Buchanan Dale H and Buchanan Paula J
Bought by
Malone James E
Seller's Agent
Veronique Jones
HomeSmart
Buyer's Agent
Julie Griffin
Southern Classic Realtors
List Price
$299,000
Sold Price
$297,000
Premium/Discount to List
-$2,000
-0.67%
Total Days on Market
4
Current Estimated Value
$523,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,221
Avg. Annual Appreciation
6.06%
Original Mortgage
$291,620
Outstanding Balance
$234,651
Interest Rate
4.16%
Mortgage Type
FHA
Estimated Equity
$294,443

Purchase Details

Closed on
Sep 30, 2002
Sold by
Morrison Homes Inc
Bought by
Buchanan Dale H and Buchanan Paula J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.72%
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
Malone James E $297,000 Brochstein & Bantley Pc
Malone James Eric -- --
Malone James Eric $297,000 --
Buchanan Dale H $339,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malone James E $291,620
Previous Owner Buchanan Dale H $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2015 08/07/15 Sold $297,000 -0.7% $84 / Sq Ft
07/04/2015 07/04/15 Pending -- -- --
06/30/2015 06/30/15 For Sale $299,000 -- $85 / 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 $8,072 $199,520 $20,000 $179,520
2023 $8,292 $200,560 $18,000 $182,560
2022 $6,256 $157,200 $18,000 $139,200
2021 $5,273 $131,400 $16,000 $115,400
2020 $5,098 $126,800 $12,000 $114,800
2019 $4,947 $124,320 $12,000 $112,320
2018 $5,094 $128,120 $12,000 $116,120
2016 $4,727 $118,560 $12,000 $106,560
2015 $1,554 $101,640 $10,000 $91,640
2014 $1,956 $97,960 $7,200 $90,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07480399

Georgia MLS

APN: 031H-01-031-000