NOT LISTED FOR SALE

515 Kersey Cove Alpharetta, GA 30022

Estimated Value: $1,291,000 - $1,429,000

6 Beds
6 Baths
4,439 Sq Ft
$302/Sq Ft Est. Value

Last Sold May 21, 2014

Last sale price $680,000 $153 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $8,485/month

5 Days on Market

Highlights

  • Fitness Center
  • Home Theater
  • Separate his and hers bathrooms
  • New Prospect Elementary School Rated A
  • Heated In Ground Pool
  • Sitting Area In Primary Bedroom

About This Home

As of May 2014

FABULOUS RESORT-LIKE BACKYARD FEATURING A SALT WATER POOL, SPA & FIRE PIT. EXECUTIVE BRICK HOME INCLUDES 6 BDRMS/6 BATHS & OFFERS WONDERFUL ENTERTAINING SPACE ON ALL 3 FINISHED LEVELS. FORMAL LIVING & DINING ROOM. DRAMATIC VAULTED FAMILY RM W/STACKED STONE FIREPLACE. TILED SUNROOM OVERLOOKING POOL. CHEF'S KITCHEN W/GRANITE. MAIN LEVEL GUEST SUITE/HOME OFFICE. FRT/REAR STAIRS. IRON BALISTERS. MASTER SUITE W/FIRESIDE SITTING RM & SPA BATH, 3 LARGE SECONDARY BDROMS W/PRIV. BATHS. LGE. LAUNDRY UP. FIN. TERRACE LEVEL W/MEDIA, BAR, BILLIARD, BDRM, BATH. CUL-DE-SAC LOT. 3 CAR

Last Listed By

Mike Schulte

Keller Williams Rlty Consultants License #272013 Listed on: 04/04/2014

Keller Williams Rlty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,650

Year Built

  • Built in 2000

Lot Details

  • Cul-De-Sac
  • Fenced
  • Private Lot
  • Level Lot
  • Irrigation Equipment

HOA Fees

  • $94 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Rear Stairs
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Game Room
  • Workshop
  • Sun or Florida Room
  • Home Gym
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Dual Closets
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Vaulted Bathroom Ceilings
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Doors
  • Energy-Efficient Thermostat

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Outdoor Fireplace
  • Front Porch

Schools

  • New Prospect Elementary School
  • Webb Bridge Middle School
  • Alpharetta High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 728
  • Assessor Parcel Number 515KERSEYCV

Community Details

Overview

  • $1,000 Initiation Fee
  • Community Management Assoc Association, Phone Number (770) 442-9121
  • Glen Abbey Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Swim or tennis dues are required
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,650

Year Built

Built in 2000

Lot Details

0

HOA Fees

$94 per month

Parking

3

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: 2000
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Gas Log, Gas Starter, Master Bedroom, Outside
  • Number Of Fireplaces: 2
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Cathedral Ceiling(s), Disappearing Attic Stairs, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Laminate Counters, Stone Counters, Eat-in Kitchen, Pantry Walk-In, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Exercise Room, Family Room, Game Room, Living Room, Media Room, Office, Sun Room, Workshop
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 6
  • Bedroom Features: Sitting Room
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Full Baths: 6
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Separate His/Hers, Separate Tub/Shower, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Construction Materials: Brick 3 Sides
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Front Porch
  • Exterior Features: Rear Stairs
  • Pool Features: Heated, In Ground

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Attached, Garage, Garage Faces Side, Kitchen Level

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Homeowners Assoc, Lake, Playground, Pool, Sidewalks, Tennis Court(s)
  • Association Fee: 1125
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Hoa Contact Phone: 770-442-9121
  • Management Company Email: LSNYDER@CMACOMMUNITIES.COM
  • Subdivision Complex: GLEN ABBEY

Association/Amenities

  • Management Company: COMMUNITY MANAGEMENT ASSOC

Schools

  • Elementary School: New Prospect
  • Middle School: Webb Bridge
  • High School: Alpharetta

Lot Info

  • Lot: 728
  • Land/Lot: 42
  • Section G M D: 1
  • Plat Book: 213
  • Plat Page: 74
  • Lot Features: Cul-De-Sac, Level, Private
  • Lot Dimensions: .36
  • Parcel Number: 515KERSEYCV
  • Property Attached Yn: No

Green Features

  • Efficiency: Doors, Thermostat, Windows

Rental Info

  • Initiation Fee: 1000

Tax Info

  • Taxes: 6650.00
  • Assessor Parcel Number: 11-0030-0042-164
  • Close Date: 2014-05-21
  • Tax Year: 2012

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: New Prospect
  • High School: Alpharetta
  • Middle School: Webb Bridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2014
Closed on
May 21, 2014
Sold by
Cotton Michael L
Bought by
Duraisamy Jayakumar and Shrivastava Rashmi
Seller's Agent
Mike Schulte
Keller Williams Rlty Consultants
Buyer's Agent
Cindy Crane
Berkshire Hathaway HomeServices Georgia Properties
List Price
$694,500
Sold Price
$680,000
Premium/Discount to List
-$14,500
-2.09%
Total Days on Market
5
Current Estimated Value
$1,341,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$661,504
Avg. Annual Appreciation
6.37%
Original Mortgage
$544,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2006
Sold by
National Residl Nominee Svcs I
Bought by
Cotton Michael L and Cotton Tammy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,400
Interest Rate
6.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 1, 2000
Sold by
King Fred L
Bought by
Hubbard Richard L and Hubbard Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,995
Interest Rate
7.79%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Duraisamy Jayakumar $680,000 --
Cotton Michael L $742,000 --
National Residl Nominee Svcs I $742,000 --
Hubbard Richard L $449,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duraisamy Jayakumar $490,000
Closed Duraisamy Jayakumar $544,000
Previous Owner Cotton Michael $500,000
Previous Owner National Residl Nominee Svcs I $148,400
Previous Owner National Residl Nominee Svcs I $593,600
Previous Owner Hubbard Richard L $100,000
Previous Owner Hubbard Richard L $303,461
Previous Owner Hubbard Richard L $308,995
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2014 05/21/14 Sold $680,000 -2.1% $153 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $694,500 -- $156 / 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
2023 $11,006 $389,920 $84,000 $305,920
2022 $8,353 $317,480 $61,680 $255,800
2021 $9,339 $284,040 $61,560 $222,480
2020 $9,708 $289,440 $46,880 $242,560
2019 $1,635 $284,360 $46,080 $238,280
2018 $7,838 $277,680 $45,000 $232,680
2017 $7,087 $242,920 $47,400 $195,520
2016 $7,089 $242,920 $47,400 $195,520
2015 $8,515 $242,920 $47,400 $195,520
2014 $6,534 $225,920 $44,080 $181,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5272573

First Multiple Listing Service (FMLS)

APN: 11-0030-0042-164-5