NOT LISTED FOR SALE

502 Cypress Point Unit 4 McDonough, GA 30253

Estimated Value: $625,000 - $695,000

5 Beds
4 Baths
3,441 Sq Ft
$190/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $380,000 $110 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,240/month

Highlights

  • Golf Course Community
  • Dining Room Seats More Than Twelve
  • Recreation Room
  • Gated Community
  • Clubhouse
  • Great Room

About This Home

As of March 2016

Custom 2-story home has finished terrace level. Private backyard and heated pool. Full guest suite on main level. Master and 3 bedrooms up. Cul-de-sac.

Last Agent to Sell the Property

Marlene Henderson

Keller Williams Realty Atl. Partners License #326944 Listed on: 02/01/2016

Keller Williams Realty Atl. Partners

Last Buyer's Agent

John Black

Atlanta Luxury RE Associates License #338063

Property Details

Home Type

  • Other

Year Built

  • 1996

Lot Details

  • 0.5

Interior Spaces

  • Central Vacuum
  • Great Room
  • Dining Room Seats More Than Twelve
  • Recreation Room
  • Home Gym
  • Washer

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

  • Alarm System
  • Fire and Smoke Detector

Utilities

  • Programmable Thermostat

Listing and Financial Details

  • Legal Lot and Block 7 / L

Community Details

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Park

Additional Features

  • Property has a Home Owners Association
  • Clubhouse
  • Security
  • Gated Community

Property Details

Home Type

Other

Year Built

1996

Lot Details

0

Listing Details

  • District: 6
  • Special Features: None
  • Stories: 2
  • Year Built: 1996

Interior Features

  • Fireplaces: 1
  • Fireplace(s): 1, In Great/Family Room, Factory Built
  • Main Floor Bedrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Basement: Bath Finished, Boat Door, Daylight, Outside Entrance, Finished Rooms, Full
  • Equipment: Burglar Alarm, Smoke/Fire Alarm, Central Vacuum, Washer
  • Kitchen Equipment: Separate Cooktop, Dishwasher, Icemaker Line, Built-In Microwave, Wall Oven, Refrigerator
  • Interior Amenities: Bookcases, Cable In Street, Cable TV Connections, Trey Ceilings, Vaulted Ceilings, Ceilings 9 Ft Plus, Double Vanity, 2 Story Foyer, Entrance Foyer, Gas Logs, Hardwood Floors, Pulldown Attic Stairs, Tile Bath, Tile Floors, Walk-in Closet, Wall-to-wall Carpet, Whirlpool Bath
  • Laundry Location: Upstairs
  • Laundry Type: Room
  • Below Grade Finished Sq Ft: 732
  • Unfinished Below Grade Sq Ft: 793
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Island, Pantry, Solid Surface Counters, Walk-in Pantry
  • Above Grade Finished Sq Ft: 3441

Exterior Features

  • Roof: Composition
  • Exterior Features: Deck/Patio, Fenced Yard, Hot Tub, Pool-in Ground, Sprinkler System
  • Construction: Stucco Real

Garage/Parking

  • Parking: 2 Car, Auto Garage Door, Garage, Kitchen Level Entry

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central, Zoned/Dual
  • Heating Fuel: Gas
  • Heating: Central, Forced Air, Zoned/Dual
  • Energy Features: Programmable Thermostat
  • Water/Sewer: Public Water, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 1375
  • HOA Fee Frequency: Annual
  • Fees Include: Reserve Fund, Security

Association/Amenities

  • Amenities: Clubhouse, Gated Community, Golf Course, Neighborhood Association, Park, Playground, Security, Sidewalks, Street Lights, Tennis Courts

Lot Info

  • Lot Description: Private Backyard
  • Lot Size: 1/3 - 1/2 Acre
  • Land Lot: 18,1
  • Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2016
Closed on
Mar 18, 2016
Sold by
Naples Dale A
Bought by
Homer Berry J
Seller's Agent
Marlene Henderson
Keller Williams Realty Atl. Partners
Buyer's Agent
John Black
Atlanta Luxury RE Associates
List Price
$399,900
Sold Price
$380,000
Premium/Discount to List
-$19,900
-4.98%
Current Estimated Value
$654,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,594
Avg. Annual Appreciation
5.72%
Original Mortgage
$323,000
Outstanding Balance
$255,653
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$398,941

Purchase Details

Closed on
Mar 5, 1996
Sold by
Johnson Homes
Bought by
Naples Dale Anna

Purchase Details

Closed on
Jul 12, 1995
Sold by
Killearn Proper Ties Inc
Bought by
Kelly Johnson H Omes Inc
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
Homer Berry J $380,000 --
Homer Berry J $380,000 --
Naples Dale Anna $348,500 --
Naples Dale Anna $348,500 --
Kelly Johnson H Omes Inc $48,000 --
Kelly Johnson H Omes Inc $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Homer Berry J $323,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2016 03/18/16 Sold $380,000 -5.0% $110 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $399,900 -- $116 / 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
2025 $9,598 $240,920 $40,000 $200,920
2024 $9,598 $223,680 $40,000 $183,680
2023 $8,067 $208,360 $38,000 $170,360
2022 $7,258 $187,280 $32,000 $155,280
2021 $6,222 $160,280 $30,000 $130,280
2020 $5,891 $151,680 $30,000 $121,680
2019 $5,841 $150,400 $28,000 $122,400
2018 $0 $145,000 $28,000 $117,000
2016 $5,435 $139,800 $30,000 $109,800
2015 $5,290 $131,920 $24,000 $107,920
2014 $4,516 $111,040 $20,000 $91,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07582008

Georgia MLS

APN: 051F-01-148-000