NOT LISTED FOR SALE

505 Rowes Cir Alpharetta, GA 30009

Estimated Value: $1,653,000 - $1,739,000

4 Beds
3.5 Baths
3,242 Sq Ft
$520/Sq Ft Est. Value

Last Sold October 16, 2024

Last sale price $1,695,000 $523 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $9,333/month

4 Days on Market

Highlights

  • Open-Concept Dining Room
  • City View
  • Deck
  • Manning Oaks Elementary School Rated A-
  • Craftsman Architecture
  • Property is near public transit

About This Home

As of October 2024

Experience the pinnacle of luxury and convenience in this distinguished residence, perfectly situated in the heart of downtown Alpharetta. Located within the exclusive Rowes Downtown, a boutique community of just 22 meticulously crafted homes, this property offers a rare opportunity to embrace an unparalleled lifestyle. Step outside and find yourself within walking distance of a vibrant array of restaurants, retail shops, entertainment venues, and the seasonal weekly Farmers Market, all thanks to its prime location directly across from Downtown Alpharetta and less than a mile from Avalon. Residents of Rowes Downtown also enjoy direct, private access to the Alpha Loop walking and biking path, as well as Brooke Street Park, where trails and green spaces provide a serene escape. The neighborhood fosters a strong sense of community with a central square park featuring a communal fire pit for gatherings and private concerts. The home itself, in pristine condition, reflects an extraordinary attention to detail, with abundant natural light highlighting the elegance within. The chef's kitchen is a showstopper, featuring a giant island, custom cabinetry with pull-out drawers, quartz countertops, a gas High-end Monogram range and a stunning counter to ceiling backsplash. The main level, with its tall ceilings and fireplace, seamlessly extends to a grand front porch, offering year-round enjoyment with breathtaking views of the community and the vibrant city lifestyle. A bonus on this home, is a rear covered private porch that overlooks City Hall. This exceptional four-bedroom plus den residence caters to diverse lifestyles. The terrace level hosts a bedroom with an ensuite bathroom and a versatile bonus space that opens to a private, fully fenced courtyard, perfect for outdoor entertaining. The top-floor primary suite exudes luxury, with an oversized bathroom featuring double vanities and a frameless shower. Two additional bedrooms, a full bathroom, and a spacious laundry room complete the upper level. Additional features include garage storage, professionally installed closet systems in all closets, designer fixtures and finishes, and high-end technology, including a built-in beverage cooler. Meticulously maintained and offering a low-maintenance lifestyle, this turnkey property presents an unmatched opportunity to indulge in luxury living in a vibrant urban setting. This property is boxed/framed out with an elevator shaft; This owner appreciated the Three spaces as large walk-in closets for extra storage but can support elevator install if desired. A great benefit of this City Living neighborhood, it Offers guest parking and a usable Driveway to park unlike so many other surrounding properties.

Last Agent to Sell the Property

Bob McCormick

Keller Williams North Atlanta License #159629 Listed on: 09/03/2024

Keller Williams North Atlanta

Last Buyer's Agent

Patty Ash

Ansley Real Estate| Christie's International Real Estate License #306964

Ansley Real Estate| Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,920

Year Built

  • Built in 2019

Lot Details

  • 4,182 Sq Ft Lot
  • Private Entrance
  • Irrigation Equipment
  • Back Yard Fenced

HOA Fees

  • Property has a Home Owners Association

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Assigned Parking

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,242 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Open-Concept Dining Room
  • Dining Room Seats More Than Twelve
  • Home Office
  • Bonus Room
  • City Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation

Outdoor Features

  • Balcony
  • Courtyard
  • Deck
  • Covered Patio or Porch

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Manning Oaks Elementary School
  • Hopewell Middle School
  • Alpharetta High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • 110 Volts
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 22 498512680158

Community Details

Overview

  • Beacon Association
  • Rowes Downtown Subdivision
  • Rental Restrictions

Amenities

  • Restaurant

Recreation

  • Community Playground
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,920

Year Built

Built in 2019

Lot Details

0

HOA Fees

$280 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Traditional
  • Property Condition: Resale
  • Year Built: 2019
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log, Gas Starter, Great Room
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Range Hood, Refrigerator
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets White, Eat-in Kitchen, Kitchen Island, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Family Room, Office
  • Dining Room Features: Open Concept, Seats 12+
  • Square Footage: 3242.00
  • Spa Features: None
  • Window Features: Double Pane Windows, Plantation Shutters

Beds/Baths

  • Total Bedrooms: 4
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Shower Only

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Roof Type: Composition
  • Fencing: Back Yard
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio, Rear Porch
  • Exterior Features: Balcony, Courtyard, Private Entry
  • View: City
  • Pool Private: No
  • Foundation: Concrete Perimeter

Garage/Parking

  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Assigned, Attached, Covered, Driveway, Garage, Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Upper Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Trash
  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Park, Playground, Restaurant, Sidewalks, Street Lights
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Monthly
  • Association: Yes
  • Management Company Email: jpurvis@beaconmanagementservices.com
  • Subdivision Complex: Rowes Downtown

Association/Amenities

  • Management Company: Beacon

Lot Info

  • Acres: 0.0960
  • Lot: 2
  • Section G M D: 2
  • Plat Book: 414
  • Plat Page: 8
  • Lot Features: Back Yard
  • Lot Dimensions: x
  • Parcel Number: 22 498512680158
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Insulation, Windows
  • Green Energy Generation: None

Tax Info

  • Taxes: 7920.00
  • Tax Year: 2023

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Manning Oaks
  • High School: Alpharetta
  • Middle School: Hopewell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Oct 16, 2024
Sold by
Presnell Richard Shawn
Bought by
Shaffer David M and Shaffer Shelley V
Seller's Agent
Bob McCormick
Keller Williams North Atlanta
Buyer's Agent
Patty Ash
Ansley Real Estate| Christie's International Real Estate
List Price
$1,695,000
Sold Price
$1,695,000
Views
111
Current Estimated Value
$1,685,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,342
Avg. Annual Appreciation
-0.55%

Purchase Details

Closed on
Jan 24, 2020
Sold by
Providence Grp Of Georgia Custom Homes L
Bought by
Presnell Richard Shawn and Presnell Lisa Diane

Purchase Details

Closed on
Jun 26, 2019
Sold by
Easlan Tiffany Square Llc
Bought by
Providence Grp Of Georgia Custom Homes L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,747,980
Interest Rate
3.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Shaffer David M $1,695,000 --
Presnell Richard Shawn $781,701 --
Providence Grp Of Georgia Custom Homes L $1,020,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Providence Grp Of Georgia Custom Homes L $2,747,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2024 10/16/24 Sold $1,695,000 0.0% $523 / Sq Ft
09/07/2024 09/07/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $1,695,000 -- $523 / 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 $1,702 $661,920 $137,680 $524,240
2023 $9,464 $335,280 $68,280 $267,000
2022 $8,175 $335,280 $68,280 $267,000
2021 $9,742 $312,680 $63,680 $249,000
2020 $13,580 $312,680 $15,800 $296,880
2019 $522 $15,520 $15,520 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7449324

First Multiple Listing Service (FMLS)

APN: 22-4985-1268-015-8