NOT LISTED FOR SALE

505 Spring Gate Ln Alpharetta, GA 30009

Estimated Value: $587,000 - $765,000

5 Beds
3.5 Baths
1,984 Sq Ft
$340/Sq Ft Est. Value

Last Sold August 23, 2018

Last sale price $296,000 $149 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $3,836/month

Highlights

  • Deck
  • European Architecture
  • Community Pool
  • Alpharetta Elementary School Rated A
  • Corner Lot
  • Formal Dining Room

About This Home

As of August 2018

Large 5 Bedroom/3.5 Bath European Style Traditional. Updated Kitchen Overlooking Great Room with FP. Updated Baths. Large Master. Master Bath with Separate Tub and Shower, His/Her Sinks. Numerous Skylights that offer Natural Lighting. New carpet. Finished Basement with access to Large Stone Patio. Pool Community, minutes from Shopping and 400 N.

Last Agent to Sell the Property

Paul Gardella

NOT A VALID MEMBER License #200596 Listed on: 03/19/2018

Last Buyer's Agent

Rosina Lakhani

Virtual Properties Realty.com License #359660

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,562

Year Built

  • Built in 1992

Lot Details

  • 0.37 Acre Lot
  • Corner Lot

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • European Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 3-Story Property
  • Skylights
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Laundry on lower level
  • Finished Basement

Kitchen

  • Open to Family Room
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Outdoor Features

  • Deck

Schools

  • Alpharetta Elementary School
  • Northwestern Middle School
  • Milton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 2
  • Assessor Parcel Number 22 434212750025

Community Details

Overview

  • Whispering Oaks Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,562

Year Built

Built in 1992

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: European
  • Property Condition: Resale
  • Year Built: 1992
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Interior Amenities: Entrance Foyer, Walk-In Closet(s)
  • Basement: Finished
  • Kitchen Features: Cabinets Other, Kitchen Island, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Other
  • Dining Room Features: Separate Dining Room
  • Window Features: Skylight(s)

Beds/Baths

  • Total Bedrooms: 5
  • Lower Bedrooms: 2
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Stucco
  • Roof Type: Composition
  • Patio And Porch Features: Deck

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Lower Level

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Pool
  • Association Fee: 1800
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: WHISPERING OAKS

Schools

  • Elementary School: Alpharetta
  • Middle School: Northwestern
  • High School: Milton

Lot Info

  • Acres: 0.3710
  • Lot: 2
  • Deed Book: 44218
  • Deed Page: 661
  • Lot Features: Corner Lot
  • Lot Dimensions: 0.3705
  • Parcel Number: 22 434212750025
  • Property Attached Yn: No

Tax Info

  • Taxes: 3562.00
  • Assessor Parcel Number: 22-4342-1275-002-5
  • Close Date: 2018-08-23
  • Tax Year: 2017

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Alpharetta
  • High School: Milton
  • Middle School: Northwestern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2018
Closed on
Aug 23, 2018
Sold by
Rafay Ahsan
Bought by
Rafay Ahsan and Khalid Ambreen
Seller's Agent
Paul Gardella
NOT A VALID MEMBER
Buyer's Agent
Rosina Lakhani
Virtual Properties Realty.com
List Price
$323,900
Sold Price
$296,000
Premium/Discount to List
-$27,900
-8.61%
Current Estimated Value
$673,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,992
Avg. Annual Appreciation
12.31%
Original Mortgage
$290,638
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 21, 2006
Sold by
Reynolds Sibyl G
Bought by
Mohammed Iqbal and Mohammed Zakia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2004
Sold by
Gmac Mortgage Corp
Bought by
Reynolds Sibyl G

Purchase Details

Closed on
Feb 4, 2003
Sold by
Gmac Mortgage
Bought by
Deutsche Bk Company Of California N

Purchase Details

Closed on
Aug 17, 2001
Sold by
Kim Kilho
Bought by
Bell Monticello

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,800
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 1999
Sold by
Jia Xiangming
Bought by
Kim Kilho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 1995
Sold by
Target Dev Corp
Bought by
Jia Xiangming and Zhao Zilin

Purchase Details

Closed on
Aug 2, 1994
Sold by
Mejia Carlos Marcia J
Bought by
Target Dev Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rafay Ahsan -- --
Rafay Ahsan $296,000 --
Mohammed Iqbal $245,000 --
Reynolds Sibyl G -- --
Deutsche Bk Company Of California N $205,000 --
Gmac Mortgage $268,000 --
Bell Monticello $284,000 --
Kim Kilho $162,600 --
Jia Xiangming $139,000 --
Target Dev Corp $138,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rafay Ahsan $290,638
Closed Rafay Ahsan $290,638
Previous Owner Mohammed Iqbal $196,000
Previous Owner Bell Monticello $269,800
Previous Owner Kim Kilho $154,400
Closed Jia Xiangming $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2018 08/23/18 Sold $296,000 -1.3% $149 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
06/29/2018 06/29/18 Price Changed $299,900 -2.0% $151 / Sq Ft
06/12/2018 06/12/18 Price Changed $306,000 -2.9% $154 / Sq Ft
04/02/2018 04/02/18 Price Changed $315,000 -2.7% $159 / Sq Ft
03/22/2018 03/22/18 For Sale $323,900 +9.4% $163 / Sq Ft
03/21/2018 03/21/18 Off Market $296,000 -- --
03/19/2018 03/19/18 For Sale $323,900 0.0% $163 / Sq Ft
12/02/2014 12/02/14 Rented $2,200 0.0% --
11/29/2014 11/29/14 Rented $2,200 0.0% --
11/02/2014 11/02/14 Under Contract -- -- --
10/30/2014 10/30/14 Under Contract -- -- --
10/01/2014 10/01/14 For Rent $2,200 -4.3% --
09/03/2014 09/03/14 For Rent $2,300 -- --
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 $1,356 $242,040 $70,560 $171,480
2023 $5,887 $208,560 $57,040 $151,520
2022 $5,184 $197,040 $33,920 $163,120
2021 $5,353 $162,800 $30,240 $132,560
2020 $5,505 $164,120 $28,320 $135,800
2019 $681 $118,400 $20,440 $97,960
2018 $3,793 $157,440 $27,160 $130,280
2017 $2,919 $112,000 $29,840 $82,160
2016 $2,428 $112,000 $29,840 $82,160
2015 $2,381 $123,400 $29,840 $93,560
2014 $2,174 $83,680 $23,840 $59,840
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Paul Gardella

    NOT A VALID MEMBER

    Section Image

  • R

    Buyer's Agent in 2018

    Rosina Lakhani

    Virtual Properties Realty.com

    (770) 495-5050

    1 in this area

    111 Total Sales

    Rosina Lakhani
    Section Image

  • S

    Seller's Agent in 2014

    Sonal Herring

    Chapman Hall Premier, Realtors

    (404) 406-9077

    27 Total Sales

    Sonal Herring
    Section Image
  • Glenda Broker

    Buyer's Agent in 2014

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

    Glenda Broker
    Section Image

  • P

    Buyer's Agent in 2014

    Pamela Medor-Ellis

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5981752

First Multiple Listing Service (FMLS)

APN: 22-4342-1275-002-5

Georgia Fulton County Alpharetta 30004

505 Spring Gate Ln, Alpharetta, GA

This home is located at 505 Spring Gate Ln, Alpharetta, GA 30009 since 19 March 2018 and is currently estimated at $673,992, approximately $339 per square foot. This property was built in 1992. 505 Spring Gate Ln is a home located in Fulton County with nearby schools including Alpharetta Elementary School, Northwestern Middle School, and Milton High School.

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