$540,000
SOLD OCT 16, 2017

508 Settles Rd Suwanee, GA 30024

5 Beds
4.5 Baths
5,276 Sq Ft
0.61 Acres

Recently Sold

$102 Per Sq Ft

8% Below List Price

124 Days on Market

About This Home

As of September 2020

Priced $50,000 below appraisal! One of the finest stately homes in Grand Cascades! This 3 side brick beauty has been recently renovated w/million dollar features. Huge gourmet kit. w/custom cabinets, year round sunrm overlooking private fenced yard, h'wood throughout main level, master on main, finished terrace level and MORE! Located in popular Lambert HS and highly sought after Grand Cascades, which boasts an incredible amenity package. Walking distance to the Chattahoochee, minutes from Lake Lanier and upscale shopping.

Last Agent to Sell the Property

Michele Miles

Century 21 Results License #279234 Listed on: 05/17/2017

Century 21 Results

Last Buyer's Agent

Stacy Anders

Keller Williams Realty Atl Partners License #336700

Keller Williams Realty Atl Partners

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,984

Year Built

1996

Lot Details

0

HOA Fees

$112 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1996
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Basement, Factory Built, Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Double Oven, Gas Range, Microwave, Self Cleaning Oven
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Cabinets White, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Exercise Room, Game Room, Great Room - 1 Story, Living Room, Loft, Office, Sun Room, Workshop
  • Dining Room Features: Separate Dining Room
  • Square Footage: 5276.00
  • Window Features: Insulated Windows

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick 3 Sides, Cement Siding
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Patio
  • Exterior Features: Garden, Rear Stairs

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm, Security System Owned, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Fishing, Fitness Center, Homeowners Assoc, Lake, Playground, Pool, Sidewalks, Street Lights, Swim Team, Tennis Court(s)
  • Association Fee: 1341
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Management Phone: 770-886-7577
  • Subdivision Complex: Grand Cascades

Association/Amenities

  • Management Company: Integrity AMG

Schools

  • Elementary School: Settles Bridge
  • Middle School: Riverwatch
  • High School: Lambert

Lot Info

  • Acres: 0.6100
  • Land/Lot: 1005
  • Section G M D: 2
  • Deed Page: 00
  • Lot Features: Landscaped, Level, Private, Wooded
  • Parcel Number: 206 130
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows

Rental Info

  • Initiation Fee: 1341

Tax Info

  • Taxes: 3773.00
  • Assessor Parcel Number: 206-000-130
  • Close Date: 2017-10-16
  • Tax Year: 2016

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Settles Bridge
  • High School: Lambert
  • Middle School: Riverwatch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Sep 8, 2020
Sold by
Artice Don Eric
Bought by
Gardner Edward and Gardner Erin Summer
Seller's Agent
Susan Lombardo
Keller Williams North Atlanta
Buyer's Agent
Timothy Maitski
Atlanta Communities
List Price
$600,000
Sold Price
$600,000
Total Days on Market
124
Current Estimated Value
$963,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,452
Avg. Annual Appreciation
9.26%

Purchase Details

Listed on
May 17, 2017
Closed on
Oct 16, 2017
Sold by
Artice Don Eric
Bought by
Artice Don Eric and Harris Amy Nicole
Seller's Agent
Michele Miles
Century 21 Results
Buyer's Agent
Stacy Anders
Keller Williams Realty Atl Partners
List Price
$584,500
Sold Price
$540,000
Premium/Discount to List
-$44,500
-7.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.69%
Original Mortgage
$424,100
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2009
Sold by
Smith David M and Smith Shirley M
Bought by
Smith Shirley M

Purchase Details

Closed on
Apr 30, 1998
Sold by
Macauley Prop Ltd
Bought by
Smith David M and Smith Shirley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,800
Interest Rate
7.03%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $600,000 --
Warranty Deed -- --
Warranty Deed $540,000 --
Quit Claim Deed -- --
Deed $279,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $424,100 New Conventional
Previous Owner $328,831 New Conventional
Previous Owner $90,000 Stand Alone Second
Previous Owner $322,700 Stand Alone Second
Previous Owner $124,000 Credit Line Revolving
Previous Owner $98,200 Stand Alone Refi Refinance Of Original Loan
Previous Owner $220,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $600,000 0.0% $114 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
08/09/2020 08/09/20 For Sale $600,000 0.0% $114 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $600,000 +11.1% $114 / Sq Ft
10/16/2017 10/16/17 Sold $540,000 0.0% $102 / Sq Ft
09/18/2017 09/18/17 Pending -- -- --
09/15/2017 09/15/17 Price Changed $539,999 -1.8% $102 / Sq Ft
08/08/2017 08/08/17 Price Changed $549,999 -2.7% $104 / Sq Ft
07/22/2017 07/22/17 Price Changed $564,999 -1.7% $107 / Sq Ft
07/12/2017 07/12/17 Price Changed $574,999 -1.6% $109 / Sq Ft
06/27/2017 06/27/17 For Sale $584,500 0.0% $111 / Sq Ft
06/11/2017 06/11/17 Pending -- -- --
05/24/2017 05/24/17 Price Changed $584,500 -2.6% $111 / Sq Ft
05/17/2017 05/17/17 For Sale $599,900 -- $114 / 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 $7,984 $365,476 $70,000 $295,476
2023 $7,331 $346,864 $60,000 $286,864
2022 $7,099 $233,632 $40,000 $193,632
2021 $6,452 $233,632 $40,000 $193,632
2020 $5,723 $207,252 $40,000 $167,252
2019 $5,642 $204,036 $40,000 $164,036
2018 $5,524 $199,736 $40,000 $159,736
2017 $3,939 $151,484 $30,000 $121,484
2016 $3,773 $143,604 $30,000 $113,604
2015 $3,780 $143,604 $30,000 $113,604
2014 $3,393 $133,788 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5850839

First Multiple Listing Service (FMLS)

APN: 206-130