NOT LISTED FOR SALE

5150 Olive Branch Cir Powder Springs, GA 30127

Estimated Value: $491,000 - $517,000

3 Beds
3 Baths
2,994 Sq Ft
$168/Sq Ft Est. Value

Last Sold February 25, 2013

Last sale price $210,000 $70 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $3,150/month

172 Days on Market

Highlights

  • Lake Front
  • Newly Remodeled
  • Sitting Area In Primary Bedroom
  • Open-Concept Dining Room
  • Fishing
  • Community Lake

About This Home

As of February 2013

Beautiful 2-story in lake community where you can fish, canoe or take a walk around the lake! Game room or bonus room for all the family to enjoy! Large master & master bath w/double vanities, separate tub/shower & walk-in closet! This wonderful home also has its own office! Formal dining room! Family room w/fireplace! Breakfast area! This house is located in a $400k+ subdivision - WOW! - Won't last long at this price!

Last Agent to Sell the Property

LINDA C GORE

NOT A VALID MEMBER License #160160 Listed on: 08/09/2012

Last Buyer's Agent

Pat Braithwaite

NOT A VALID MEMBER License #174779

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $726

Year Built

  • Built in 2012 | Newly Remodeled

Lot Details

  • Lake Front
  • Landscaped
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Garden

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding
  • Cedar

Interior Spaces

  • 2,994 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • Fireplace With Gas Starter
  • Insulated Windows
  • Family Room with Fireplace
  • Living Room
  • Open-Concept Dining Room
  • Breakfast Room
  • Loft
  • Bonus Room
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Varner Elementary School
  • Tapp Middle School
  • Mceachern High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Energy-Efficient Windows

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 25
  • Assessor Parcel Number 5150OLIVEBRANCHCIR

Community Details

Overview

  • $250 Initiation Fee
  • Covenant Place Hoa, Llc Association, Phone Number (404) 285-3300
  • Secondary HOA Phone (404) 285-3300
  • Covenant Place Subdivision
  • Community Lake

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$726

Year Built

Built in 2012 | Newly Remodeled

Lot Details

0

HOA Fees

$38 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: New Construction
  • Year Built: 2012
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: NewHome
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Gas Starter, Master Bedroom
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Cathedral Ceiling(s), Disappearing Attic Stairs, Double Vanity, High Ceilings 9 ft Main, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Stone Counters, Kitchen Island, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Family Room, Living Room, Loft, Other
  • Dining Room Features: Open Concept
  • Square Footage: 2994.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Sitting Room
  • Total Full Baths: 3
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity

Exterior Features

  • Construction Materials: Cedar, Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Front Porch, Patio
  • Exterior Features: Garden

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Driveway, Garage, Kitchen Level, Level Driveway

Utilities

  • Sewer: Public Sewer
  • 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, Upper Floor
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Fishing, Homeowners Assoc, Lake, Sidewalks
  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 404-285-3300
  • Home Warranty: Yes
  • Management Company Email: LCGORE@HOTMAIL.COM
  • Management Phone: 404-285-3300
  • Subdivision Complex: COVENANT PLACE

Association/Amenities

  • Management Company: Covenant Place HOA, LLC

Schools

  • Elementary School: Varner
  • Middle School: Tapp
  • High School: McEachern

Lot Info

  • Lot: 25
  • Land/Lot: 584
  • Section G M D: 2
  • Plat Book: 252
  • Plat Page: 33
  • Lot Features: Landscaped, Level, Private, Wooded
  • Lot Dimensions: 28x164x44-81x170
  • Parcel Number: 5150OLIVEBRANCHCIR
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows

Rental Info

  • Initiation Fee: 250

Tax Info

  • Taxes: 726.00
  • Assessor Parcel Number: 19-0584-0-024-0
  • Close Date: 2013-02-25
  • Tax Year: 2011

Multi Family

  • Waterfront Features: Lake

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Varner
  • High School: McEachern
  • Middle School: Tapp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2012
Closed on
Feb 25, 2013
Sold by
Covenant Place Partners Ll
Bought by
Benniman Nakia and Benniman Kewana
Seller's Agent
LINDA C GORE
NOT A VALID MEMBER
Buyer's Agent
Pat Braithwaite
NOT A VALID MEMBER
List Price
$214,000
Sold Price
$210,000
Premium/Discount to List
-$4,000
-1.87%
Current Estimated Value
$499,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,317
Avg. Annual Appreciation
7.23%
Original Mortgage
$202,650
Outstanding Balance
$146,161
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$354,862
Source: Public Records

Range of Values:

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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
Benniman Nakia $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benniman Nakia $40,600
Open Benniman Nakia $202,650
Previous Owner Covenant Place Partners Llp $145,019
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2013 02/25/13 Sold $210,000 -1.9% $70 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
08/09/2012 08/09/12 For Sale $214,000 -- $71 / 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 $4,541 $176,412 $36,000 $140,412
2023 $3,998 $176,412 $36,000 $140,412
2022 $3,680 $135,548 $36,000 $99,548
2021 $3,416 $123,512 $32,000 $91,512
2020 $3,416 $123,512 $32,000 $91,512
2019 $3,068 $110,100 $32,000 $78,100
2018 $3,062 $109,896 $28,800 $81,096
2017 $2,903 $109,896 $28,800 $81,096
2016 $2,881 $109,096 $28,000 $81,096
2015 $3,186 $117,088 $30,000 $87,088
2014 $2,233 $83,988 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    LINDA C GORE

    NOT A VALID MEMBER

    Section Image

  • P

    Buyer's Agent in 2013

    Pat Braithwaite

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5051926

First Multiple Listing Service (FMLS)

APN: 19-0584-0-024-0

Georgia Cobb County Powder Springs 30127

5150 Olive Branch Cir, Powder Springs, GA

This home is located at 5150 Olive Branch Cir, Powder Springs, GA 30127 since 09 August 2012 and is currently estimated at $503,158, approximately $168 per square foot. This property was built in 2012. 5150 Olive Branch Cir is a home located in Cobb County with nearby schools including Tapp Middle School, McEachern High School, and Grace Baptist Christian School.

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