NOT LISTED FOR SALE

505 Drake Ln Canton, GA 30115

Estimated Value: $515,000 - $565,000

5 Beds
3 Baths
3,940 Sq Ft
$137/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $410,000 $104 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,251/month

3 Days on Market

Highlights

  • Open-Concept Dining Room
  • 1.01 Acre Lot
  • Oversized primary bedroom
  • Rusk Middle School Rated A
  • Wooded Lot
  • Ranch Style House

About This Home

As of November 2021

Charming ranch home situated on a sprawling lot. Huge family room with built-ins and fireplace. Kitchen features stainless appliances, granite countertops and tons of cabinet space. Oversized owner's suite with double vanities, soaking tub and separate shower. Large secondary BR's. Finished basement with full bathroom, bedroom, wet bar and a huge living space. Perfect for an in-law or teen suite. Sunroom that goes the length of the back of the home and lower level patio and deck, perfect for entertaining! Move in ready!

Last Agent to Sell the Property

Daniel Elkin

Mark Spain Real Estate License #410481 Listed on: 10/22/2021

Mark Spain Real Estate

Last Buyer's Agent

Xochilt Villalobos

Keller Williams Realty Partners License #378102

Keller Williams Realty Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,388

Year Built

  • Built in 1996

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 22x29x298x274x325
  • Property fronts a private road
  • Level Lot
  • Wooded Lot
  • Back Yard Fenced and Front Yard

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,940 Sq Ft Home
  • Bookcases
  • Ceiling Fan
  • Entrance Foyer
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Sun or Florida Room
  • Carpet
  • Natural lighting in basement
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 5 Bedrooms | 4 Main Level Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Holly Springs - Cherokee Elementary School
  • Dean Rusk Middle School
  • Sequoyah High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Quail Pointe Subdivision

Listing and Financial Details

  • Tax Lot 64
  • Assessor Parcel Number 15N20 563

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,388

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1996
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Interior Amenities: Bookcases, Double Vanity, Entrance Foyer, High Speed Internet, Walk-In Closet(s)
  • Basement: Daylight
  • Kitchen Features: Breakfast Bar, Cabinets White, Eat-in Kitchen, Pantry Walk-In, Solid Surface Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Sun Room, Other
  • Dining Room Features: Open Concept
  • Square Footage: 3940.00
  • Spa Features: None
  • Window Features: None
  • Below Grade Finished Sq Ft: 2030.00

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main, Oversized Master
  • Lower Bedrooms: 1
  • Main Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • Fencing: Back Yard
  • Patio And Porch Features: Enclosed, Front Porch, Patio, Rear Porch
  • Foundation: Concrete Perimeter

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Garage Faces Front, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available
  • Electric: Other

Condo/Co-op/Association

  • Subdivision Complex: Quail Pointe

Schools

  • Elementary School: Holly Springs - Cherokee
  • Middle School: Dean Rusk
  • High School: Sequoyah

Lot Info

  • Acres: 1.0100
  • Lot: 64
  • Deed Book: 3250
  • Deed Page: 254
  • Lot Features: Back Yard, Front Yard, Level, Sloped, Steep Slope, Wooded
  • Lot Dimensions: 22x29x298x274x325
  • Parcel Number: 15N20 563
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 3388.00
  • Assessor Parcel Number: 015N20-00000-563-000-0000
  • Close Date: 2021-11-22
  • Tax Year: 2020

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Holly Springs - Cherokee
  • High School: Sequoyah
  • Middle School: Dean Rusk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Nov 22, 2021
Sold by
Orchard Property Ii Llc
Bought by
Schumacher Dianne
Seller's Agent
Daniel Elkin
Mark Spain Real Estate
Buyer's Agent
Xochilt Villalobos
Keller Williams Realty Partners
List Price
$399,000
Sold Price
$410,000
Premium/Discount to List
$11,000
2.76%
Current Estimated Value
$538,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,801
Avg. Annual Appreciation
8.03%
Original Mortgage
$385,000
Outstanding Balance
$353,894
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$198,145

Purchase Details

Listed on
Oct 22, 2021
Closed on
Sep 28, 2021
Sold by
Yamarino Donda M
Bought by
Orchard Property Ii Llc
Seller's Agent
Daniel Elkin
Mark Spain Real Estate
Buyer's Agent
Xochilt Villalobos
Keller Williams Realty Partners
List Price
$399,000
Sold Price
$410,000
Premium/Discount to List
$11,000
2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Outstanding Balance
$353,894
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$198,145

Purchase Details

Closed on
Aug 18, 1998
Sold by
Tritt Bobby
Bought by
Yamarino Anthony M and Yamarino Donda M
Source: Public Records

Range of Values:

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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
Schumacher Dianne $410,000 --
Orchard Property Ii Llc $366,000 --
Yamarino Anthony M $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schumacher Dianne $385,000
Closed Yamarino Anthony M --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $410,000 +2.8% $104 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $399,000 -- $101 / 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
2024 $4,727 $197,920 $30,000 $167,920
2023 $4,383 $202,480 $31,200 $171,280
2022 $4,055 $164,000 $18,104 $145,896
2021 $1,169 $150,040 $18,600 $131,440
2020 $3,388 $121,453 $17,600 $103,853
2019 $3,388 $121,440 $17,600 $103,840
2018 $3,407 $121,440 $17,600 $103,840
2017 $2,799 $284,800 $16,000 $97,920
2016 $2,799 $246,100 $16,000 $82,440
2015 $2,835 $246,800 $15,200 $83,520
2014 $2,587 $225,300 $15,200 $74,920
Source: Public Records

Agents Affiliated with this Home

  • Daniel Elkin

    Seller's Agent in 2021

    Daniel Elkin

    Mark Spain

    (321) 945-3886

    1 in this area

    116 Total Sales

    Daniel Elkin
    Section Image
  • Xochilt Villalobos

    Buyer's Agent in 2021

    Xochilt Villalobos

    Keller Williams Realty Partners

    (770) 596-5837

    8 in this area

    86 Total Sales

    Xochilt Villalobos
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6961214

First Multiple Listing Service (FMLS)

APN: 015N20-00000-563-000-0000

Georgia Cherokee County Canton 30115

505 Drake Ln, Canton, GA

This home is located at 505 Drake Ln, Canton, GA 30115 since 22 October 2021 and is currently estimated at $538,801, approximately $136 per square foot. This property was built in 1996. 505 Drake Ln is a home located in Cherokee County with nearby schools including Holly Springs Elementary School, Rusk Middle School, and Sequoyah High School.

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