NOT LISTED FOR SALE

5023 La Faye Ln Alpharetta, GA 30022

Estimated Value: $598,000 - $780,000

4 Beds
3.5 Baths
2,819 Sq Ft
$251/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $690,000 $245 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,559/month

4 Days on Market

Highlights

  • Gated Community
  • Dining Room Seats More Than Twelve
  • Family Room with Fireplace
  • Ocee Elementary School Rated A
  • Clubhouse
  • 5-minute walk to Morton Road Park

About This Home

As of February 2024

Welcome to this immaculate home located in the prestigious Johns Creek area of Alpharetta, GA, within the sought-after gated community of Abberley Township. This stunning residence showcases elegance and functionality, resembling a model home with exquisite details throughout. As you step inside, you'll be greeted by the warmth of hardwood floors that span the entire home. The great room boasts a captivating stone two-sided fireplace flanked by built in bookcases, seamlessly connecting the living space and a cozy sitting room. The open floor plan includes a spacious dining area, with room for entertaining a large group. Plantation shutters are featured throughout the home. The kitchen is a chef's dream, featuring white cabinets, quartz countertops and a double oven. The focal point is an amazing quartz large bar/island, providing a perfect spot for casual dining or entertaining. A delightful sitting area or breakfast nook with a fireplace opens to a charming courtyard, offering a serene escape. The kitchen is loaded with cabinets and countertops and you'll love the large walk in pantry. The fenced side yard area is ideal for relaxation, entertaining guests, grilling or accommodating your furry friends. The primary suite is located on the main floor, featuring a trey ceiling. It opens to the "spa-like" bath with a garden tub, and large shower, plus his/hers vanities and oversized walk-in closet. Upstairs, discover a loft/sitting area and three additional generously sized bedrooms. One bedroom boasts an ensuite bath, providing privacy and comfort for guests or family members. Abberley Township, a gated community, is strategically located with easy access to GA 400, The Avalon, downtown Alpharetta, and a plethora of shops and restaurants. Enjoy the community amenities, including a swimming pool, clubhouse, and tennis courts. Plus, the monthly HOA fee covers lawn service, ensuring a hassle-free and well-maintained exterior.

Last Agent to Sell the Property

Lee Ann Sherry

Real Broker LLC License #164971 Listed on: 01/19/2024

Real Broker LLC

Co-Listed By

Lexi Blevins

Real Broker LLC License #370694

Last Buyer's Agent

Ellen Yi

Virtual Properties Realty.com License #372503

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,126

Year Built

  • Built in 2005

Lot Details

  • 4,356 Sq Ft Lot
  • Fenced
  • Level Lot
  • Garden

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Brick Front

Interior Spaces

  • 2,819 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Loft
  • Wood Flooring
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Double Vanity

Outdoor Features

  • Patio
  • Porch

Schools

  • Ocee Elementary School
  • Taylor Road Middle School
  • Chattahoochee High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 253 / 253

Community Details

Overview

  • Association fees include ground maintenance, swimming, tennis
  • Abberely Township Subdivision

Amenities

  • Clubhouse
  • No Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,126

Year Built

Built in 2005

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Property Type: Residential
  • District: 1
  • Section: 1
  • Year Built: 2005
  • ArchitecturalStyle: Brick Front
  • Main Level Half Bathrooms: 1
  • Co List Office: ATCM02
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .10
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2819
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Double Oven, Disposal, Microwave, Oven/Range (Combo)
  • Bedrooms: 4
  • Dining Room Features: Seats 12+
  • Basement: None
  • Total Finished Sq Ft: 2819
  • Above Grade Finished Sq Ft: 2819
  • Interior Amenities: Tray Ceiling(s), High Ceilings, Double Vanity, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Other, Factory Built, Gas Starter, Gas Log
  • Flooring: Hardwood
  • Kitchen Features: Breakfast Bar, Breakfast Room, Solid Surface Counters, Walk-in Pantry
  • Price Per Square Foot: 244.767

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Bedroom Main Level: 1

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Brick
  • ExteriorFeatures: Garden
  • Fencing: Fenced
  • Foundation Details: Slab
  • Lot Features: Level
  • Patio And Porch Features: Porch, Patio
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Parking Features: Garage
  • ParkingTotal: 2

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Central
  • Laundry Features: None
  • Security Features: Smoke Detector(s), Gated Community
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 2496
  • Association: Yes
  • Community Features: Clubhouse, Gated, Pool, Sidewalks, Tennis Court(s)

Fee Information

  • Association Fee Includes: Maintenance Grounds, Swimming, Tennis

Schools

  • Elementary School: Ocee
  • High School: Chattahoochee
  • High School Bus: Yes
  • Middle School: Taylor Road
  • Middle School Bus: Yes
  • Elementary School: Ocee
  • Middle School: Taylor Road
  • High School: Chattahoochee

Lot Info

  • Land Lot: 187
  • Lot: 253
  • Plat Book: 278
  • Plat Page: 73-76

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7126

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Mar 13, 2024
Sold by
Merritt Michael D
Bought by
Zhu Xia
Seller's Agent
Lee Ann Sherry
Real Broker LLC
Buyer's Agent
Ellen Yi
Virtual Properties Realty.com
List Price
$724,900
Sold Price
$690,000
Premium/Discount to List
-$34,900
-4.81%
Views
147
Current Estimated Value
$706,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,201
Avg. Annual Appreciation
1.49%

Purchase Details

Listed on
Feb 28, 2018
Closed on
Apr 16, 2018
Sold by
Smith Sheila D
Bought by
Merritt Michael D
Seller's Agent
Richard Mitchell
NorthGroup Realty
Buyer's Agent
Lee Ann Sherry
Real Broker, LLC.
List Price
$430,000
Sold Price
$423,100
Premium/Discount to List
-$6,900
-1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%
Original Mortgage
$378,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2007
Sold by
Smith Buford P and Smith Sheila D
Bought by
Smith Buford P Living Trust

Purchase Details

Closed on
Feb 28, 2006
Sold by
Providence Group Of Abberley T
Bought by
Smith Buford P and Smith Sheila D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.23%
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
Zhu Xia $690,000 --
Merritt Michael D $423,100 --
Smith Buford P Living Trust -- --
Smith Buford P $401,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merritt Michael D $378,000
Previous Owner Smith Buford P $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $690,000 -4.8% $245 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $724,900 +71.3% $257 / Sq Ft
04/16/2018 04/16/18 Sold $423,100 -1.6% $150 / Sq Ft
03/18/2018 03/18/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $430,000 -- $153 / 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 $7,461 $266,280 $68,080 $198,200
2023 $6,685 $236,840 $52,880 $183,960
2022 $6,562 $213,840 $34,920 $178,920
2021 $4,721 $149,840 $34,880 $114,960
2020 $4,664 $144,880 $29,480 $115,400
2019 $561 $142,320 $28,960 $113,360
2018 $4,268 $131,040 $28,280 $102,760
2017 $3,454 $101,480 $23,640 $77,840
2016 $3,404 $101,480 $23,640 $77,840
2015 $3,442 $101,480 $23,640 $77,840
2014 $3,579 $101,480 $23,640 $77,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20167315

Georgia MLS

APN: 11-0470-0188-096-0