NOT LISTED FOR SALE

506 River Overlook Forsyth, GA 31029

Estimated Value: $890,403 - $983,000

4 Beds
4 Baths
3,961 Sq Ft
$240/Sq Ft Est. Value

Last Sold August 08, 2013

Last sale price $522,000 $132 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,937/month

237 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Bonus Room
  • Samuel E. Hubbard Elementary School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of August 2013

Gorgeous home in gated golf community, very accessible to I-75 S, beautifully positioned on 2.4 acres overlooking the 17th hole. You will feel very private while enjoying your fenced yard with a lovely stone patio, salt water pool, fire place and outdoor grilling. As you walk into this home, you will immediately feel in awe as to how perfectly it is decorated, the great floor plan, beautiful stone fireplaces, magnificent kitchen with all the extras (island, granite, breakfast bar, stainless appliances, wonderful custom cabinets and so much more), built-in bookcases, trey, vaulted ceilings, wet bar, rear stairs, breakfast area, energy efficient, pantry, and so much more. Fabulous house!! The home is located in River Forest Subdivision.

Last Agent to Sell the Property

DeRenn Bell

Drake Realty Lake Area License #241653 Listed on: 12/14/2012

Drake Realty Lake Area

Last Buyer's Agent

DeRenn Bell

Drake Realty Lake Area License #241653 Listed on: 12/14/2012

Drake Realty Lake Area

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $8,337

Year Built

  • 2005

Lot Details

  • 2.4

Interior Spaces

  • 3,961 Sq Ft Home
  • Bonus Room
  • Finished Basement

Additional Features

  • Certified Energy Wise
  • Community Well

Community Details

Recreation

  • Golf Course Community
  • Tennis Courts
  • Exercise Course
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Other

Est. Annual Taxes

$8,337

Year Built

2005

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 2005

Interior Features

  • Fireplace(s): 1
  • Basement: Finished Rooms
  • Kitchen Equipment: Dishwasher, Garbage Disposal, Built-In Microwave
  • Interior Amenities: Bookcases, Double Vanity, Hardwood Floors, Separate Shower, Tile Bath, Tile Floors, Walk-in Closet
  • Above Grade Finished Sq Ft: 3961

Exterior Features

  • Construction: Stone, Wood Siding
  • Roof Type: Composition

Garage/Parking

  • Parking: 3 Car Or More, Attached, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Energy Features: Certified Energy Wise
  • Water/Sewer: Community Well

Association/Amenities

  • Amenities: Clubhouse, Gated Community, Golf Course, Physical Fit Facilities, Pool, Sidewalks, Tennis Courts

Schools

  • Elementary Bus Line: Yes
  • High School Bus: Yes
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Level Lot
  • Lot Size: 2-5 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2012
Closed on
Aug 7, 2013
Sold by
Lindsey Charles Albert
Bought by
Dorsey Jason Paul and Dorsey Amy
Seller's Agent
DeRenn Bell
Drake Realty Lake Area
Buyer's Agent
DeRenn Bell
Drake Realty Lake Area
List Price
$595,000
Sold Price
$522,000
Premium/Discount to List
-$73,000
-12.27%
Current Estimated Value
$949,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,134
Avg. Annual Appreciation
4.94%
Original Mortgage
$391,500
Outstanding Balance
$296,579
Interest Rate
4.48%
Mortgage Type
New Conventional
Estimated Equity
$631,236

Purchase Details

Closed on
May 27, 2004
Sold by
River Forest Inc
Bought by
Vick Joseph C
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
Dorsey Jason Paul $522,000 --
Vick Joseph C $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorsey Jason Paul $391,500
Previous Owner Lindsey Charles Albert $775,200
Previous Owner Lindsey Charles Albert $384,000
Previous Owner Lindsey Charles Albert $124,544
Previous Owner Lindsey Charles Albert $116,000
Previous Owner Vick Joseph $637,500
Previous Owner Vick Joseph $125,000
Previous Owner Vick Joseph C $550,000
Previous Owner Vick Joseph C $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2013 08/08/13 Sold $522,000 -3.2% $132 / Sq Ft
05/15/2013 05/15/13 Price Changed $539,000 -6.3% $136 / Sq Ft
02/18/2013 02/18/13 Price Changed $575,000 -3.4% $145 / Sq Ft
12/14/2012 12/14/12 For Sale $595,000 -- $150 / 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
2024 $8,337 $308,600 $51,480 $257,120
2023 $8,337 $267,400 $51,480 $215,920
2022 $7,240 $267,400 $51,480 $215,920
2021 $7,182 $256,240 $40,320 $215,920
2020 $6,832 $237,760 $40,320 $197,440
2019 $6,552 $226,240 $28,800 $197,440
2018 $6,404 $220,480 $23,040 $197,440
2017 $6,291 $216,440 $19,000 $197,440
2016 $5,980 $216,440 $19,000 $197,440
2015 $5,671 $216,440 $19,000 $197,440
2014 $5,277 $216,440 $19,000 $197,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07027736

Georgia MLS

APN: 026F-003