NOT LISTED FOR SALE

5054 Merton Ln NE Marietta, GA 30068

Estimated Value: $988,934 - $1,226,000

4 Beds
3.5 Baths
3,471 Sq Ft
$316/Sq Ft Est. Value

Last Sold December 13, 2017

Last sale price $740,000 $213 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,925/month

Highlights

  • Deck
  • Oversized primary bedroom
  • End Unit
  • Mount Bethel Elementary School Rated A
  • Wood Flooring
  • Great Room

About This Home

As of December 2017

Rare opportunity, Walton High School, better than new 3 story townhome with elevator. Best location in the S/D. Huge green space just steps from back patio. Energy Star rated, exquisite kitchen with huge island, higher end s/s appliances, lovely master suite and luxurious bath, full terrace level with BR & BA, designer upgrades throughout, oversized deck. Great location and access to interstates & low Cobb County taxes.

Last Agent to Sell the Property

Patricia Leuallen

Atlanta Fine Homes Sotheby's International License #253070 Listed on: 09/28/2017

Atlanta Fine Homes Sotheby's International

Last Buyer's Agent

Rana Tayara

Keller Williams Rlty Consultants License #293820

Keller Williams Rlty Consultants

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,537

Year Built

  • Built in 2015

Lot Details

  • End Unit
  • Landscaped
  • Irrigation Equipment

HOA Fees

  • $258 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Composition Roof
  • Stone Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 3,471 Sq Ft Home
  • 3-Story Property
  • Tray Ceiling
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Formal Dining Room
  • Wood Flooring
  • Open Access
  • Laundry on main level

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Garage Access

Outdoor Features

  • Courtyard
  • Deck
  • Patio

Schools

  • Mount Bethel Elementary School
  • Dickerson Middle School
  • Walton High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is near shops

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 01008400420

Community Details

Overview

  • $900 Initiation Fee
  • 40 Units
  • Team Management Association
  • Secondary HOA Phone (678) 393-2202
  • Cobblestone Manor Subdivision

Recreation

  • Tennis Courts
  • Swim or tennis dues are required
  • Community Pool
  • Dog Park

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,537

Year Built

Built in 2015

Lot Details

0

HOA Fees

$258 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse
  • Property Condition: Resale
  • Year Built: 2015
  • Accessibility Features: Accessible Elevator Installed
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Water Heater, ENERGY STAR Qualified Appliances, Gas Range, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Double Vanity, Elevator, High Ceilings 9 ft Lower, High Ceilings 9 ft Upper, High Ceilings 10 ft Main, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Driveway Access, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Pantry, Stone Counters, View to Family Room
  • Common Walls: End Unit
  • Additional Rooms: Great Room - 1 Story
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3471.00

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: In-Law Suite/Apartment, Oversized Master
  • Lower Bedrooms: 1
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Brick 4 Sides, Stone
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Patio
  • Exterior Features: Courtyard

Garage/Parking

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

Utilities

  • Security: Open Access
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Zoned
  • Laundry Features: Main Level, Upper Floor
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Reserve Fund, Termite, Trash, Water
  • Community Features: Dog Park, Homeowners Assoc, Near Shopping, Pool, Tennis Court(s)
  • Association Fee: 258
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Management Company Email: jphillips@teammgt.com
  • Management Phone: 678-393-2202
  • Subdivision Complex: Cobblestone Manor

Association/Amenities

  • Number Of Units In Community: 40
  • Management Company: Team Management

Schools

  • Elementary School: Mount Bethel
  • Middle School: Dickerson
  • High School: Walton

Lot Info

  • Lot: 14
  • Land/Lot: 84
  • Section G M D: 2nd
  • Plat Book: 275
  • Lot Features: Landscaped
  • Parcel Number: 01008400420
  • Property Attached Yn: Yes

Rental Info

  • Initiation Fee: 900

Tax Info

  • Taxes: 5537.00
  • Assessor Parcel Number: 01-0084-0-042-0
  • Close Date: 2017-12-13
  • Tax Year: 2016

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Mount Bethel
  • High School: Walton
  • Middle School: Dickerson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2017
Closed on
Dec 13, 2017
Sold by
Mcdonough Paul
Bought by
Shahrour Haitham
Seller's Agent
Patricia Leuallen
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Rana Tayara
Keller Williams Rlty Consultants
List Price
$749,000
Sold Price
$740,000
Premium/Discount to List
-$9,000
-1.2%
Current Estimated Value
$1,097,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,234
Avg. Annual Appreciation
5.17%
Original Mortgage
$640,000
Outstanding Balance
$538,963
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$558,271

Purchase Details

Closed on
Feb 12, 2016
Sold by
Ashton Atlanta Residential Llc
Bought by
Mcdonough Paul and Mcdonough Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
3%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Shahrour Haitham $740,000 --
Shahrour Haitham $740,000 --
Mcdonough Paul $700,688 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shahrour Haitham $640,000
Closed Shahrour Haitham $640,000
Previous Owner Mcdonough Paul $416,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2017 12/13/17 Sold $740,000 -1.2% $213 / Sq Ft
10/20/2017 10/20/17 Pending -- -- --
09/28/2017 09/28/17 For Sale $749,000 -- $216 / 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 $9,920 $362,412 $80,000 $282,412
2023 $9,377 $362,412 $80,000 $282,412
2022 $8,310 $285,664 $72,000 $213,664
2021 $8,310 $285,664 $72,000 $213,664
2020 $8,310 $285,664 $72,000 $213,664
2019 $8,310 $285,664 $72,000 $213,664
2018 $8,087 $275,460 $66,000 $209,460
2017 $7,663 $275,460 $66,000 $209,460
2016 $5,537 $192,592 $56,000 $136,592
2015 $1,296 $44,000 $44,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5913289

First Multiple Listing Service (FMLS)

APN: 01-0084-0-042-0