NOT LISTED FOR SALE

518 Cypress Pointe St Alpharetta, GA 30022

Rivermont Neighborhood

Estimated Value: $230,000 - $257,000

3 Beds
2 Baths
950 Sq Ft
$250/mo HOA Fee

Last Sold June 22, 2012

Last sale price $60,000 $63 Per Sq Ft

Est. 296% increase in value since last sale

Current estimated payment $1,715/month

169 Days on Market

Highlights

  • Fitness Center
  • Open-Concept Dining Room
  • Clubhouse
  • Barnwell Elementary School Rated A
  • No Units Above
  • Deck

About This Home

As of June 2012

INCREDIBLE SHORT SALE OPPORTUNITY! THIS 3 BEDROOM 2 BATH HOME HAS BEEN WELL MAINTAINED! THIS IS A TOP FLOOR UNTIL WITH VAULTED CEILINGS THROUGHOUT. HARDWOOD FLOORS, GRANITE ACCENTS, AND FILLED WITH NATURAL LIGHT IN ALL ROOMS. PRIVATE BALCONY OVERLOOKING TREES. THIS HOME IS VERY CONVENIENT TO SHOPPING, PARKS, RIVERS, AND PLENTY OF GOLF COURSES! MAKE THIS YOUR HOME TODAY! AL

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 01/05/2012

Mark Spain Real Estate

Last Buyer's Agent

Amy Holt

Greystone Real Estate, LLC License #341013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $583

Year Built

  • Built in 1985

Lot Details

  • No Units Above
  • End Unit

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Garden Home
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 950 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Insulated Windows
  • Living Room with Fireplace
  • Open-Concept Dining Room
  • Open Access
  • Laundry in Kitchen

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • 1 Parking Space
  • Parking Lot
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Doors

Outdoor Features

  • Balcony
  • Deck

Schools

  • Barnwell Elementary School
  • Holcomb Bridge Middle School
  • Centennial High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 518CypressPointe0ST

Community Details

Overview

  • 98 Units
  • Access Management Association, Phone Number (770) 777-6890
  • Rivermont Village Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$583

Year Built

Built in 1985

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Garden (1 Level), Traditional
  • Property Condition: Resale
  • Year Built: 1985
  • Levels Stories: One
  • Special Features: 12

Property Details

  • Property: Residential Attached

Interior Features

  • Fireplace Features: Factory Built, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Microwave
  • Interior Amenities: Tray Ceiling(s)
  • Kitchen Features: Cabinets White, Solid Surface Counters, Stone Counters, Eat-in Kitchen, Pantry, View to Family Room
  • Common Walls: End Unit, No One Above
  • Additional Rooms: Other
  • Dining Room Features: Open Concept
  • Square Footage: 950.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • Patio And Porch Features: Deck
  • Exterior Features: Balcony

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking Features: Assigned, Parking Lot

Utilities

  • Security: Fire Alarm, Open Access, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric, Forced Air
  • Laundry Features: In Kitchen
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior
  • Community Features: Clubhouse, Fitness Center, Homeowners Assoc, Park, Playground, Pool, Tennis Court(s)
  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Management Phone: 770-777-6890
  • Subdivision Complex: Rivermont Village

Association/Amenities

  • Number Of Units In Community: 98
  • Management Company: ACCESS MANAGEMENT

Lot Info

  • Plat Book: 8
  • Plat Page: 110
  • Lot Dimensions: .0218
  • Parcel Number: 518CypressPointe0ST
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Doors, Windows

Tax Info

  • Taxes: 583.00
  • Tax Year: 2011

MLS Schools

  • Elementary School: Barnwell
  • High School: Centennial
  • Middle School: Holcomb Bridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2012
Closed on
Jun 22, 2012
Sold by
Comeau Junye
Bought by
Comeau Junye Z and Comeau Erich C
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Amy Holt
Greystone Real Estate, LLC
List Price
$84,900
Sold Price
$60,000
Premium/Discount to List
-$24,900
-29.33%
Current Estimated Value
$237,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,829
Avg. Annual Appreciation
10.86%

Purchase Details

Closed on
Jul 11, 2007
Sold by
Goss John C and Goss Sara M
Bought by
Mead Sheryll D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2006
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Goss John C and Goss Sara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,150
Interest Rate
6.36%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 2, 2006
Sold by
Us Bank Home Mortgage
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 27, 2004
Sold by
Greenfield David L
Bought by
King 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
$95,120
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 1999
Sold by
Parnell Kelly F
Bought by
Manousaridis Paula J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 1997
Sold by
Fineis James L and Fineis Angela K
Bought by
Fischer Kelly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,700
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 1994
Sold by
Fanto Lisa M
Bought by
Fineis James L Angela K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,350
Interest Rate
8.82%
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
Comeau Junye Z -- --
Comeau Junye $60,000 --
Mead Sheryll D $120,000 --
Goss John C -- --
Federal Home Loan Mortgage Corporation -- --
Us Bank Home Mortgage $98,048 --
King Tammy L $118,900 --
Manousaridis Paula J $104,000 --
Fischer Kelly J $83,900 --
Fineis James L Angela K $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mead Sheryll D $114,000
Previous Owner Goss John C $20,150
Previous Owner King Tammy L $95,120
Previous Owner Manousaridis Paula J $75,000
Previous Owner Fischer Kelly J $79,700
Previous Owner Fineis James L Angela K $69,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2012 06/22/12 Sold $60,000 -29.3% $63 / Sq Ft
05/23/2012 05/23/12 Pending -- -- --
01/05/2012 01/05/12 For Sale $84,900 -- $89 / 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
2025 $2,621 $87,320 $11,360 $75,960
2023 $2,465 $87,320 $11,360 $75,960
2022 $1,953 $69,200 $9,200 $60,000
2021 $1,748 $61,160 $8,160 $53,000
2020 $1,993 $61,920 $7,000 $54,920
2019 $0 $55,920 $8,560 $47,360
2018 $1,561 $47,920 $6,400 $41,520
2017 $1,178 $34,600 $7,080 $27,520
2016 $1,161 $34,600 $7,080 $27,520
2015 $1,173 $34,600 $7,080 $27,520
2014 $780 $22,120 $4,400 $17,720
Source: Public Records

Agents Affiliated with this Home

  • Mark Spain

    Seller's Agent in 2012

    Mark Spain

    Mark Spain

    (678) 537-8980

    6 in this area

    9,877 Total Sales

    Mark Spain
    Section Image
  • Amy Holt

    Buyer's Agent in 2012

    Amy Holt

    Greystone Real Estate, LLC

    (404) 941-4528

    118 Total Sales

    Amy Holt
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 4311258

First Multiple Listing Service (FMLS)

APN: 12-3222-0887-100-7

Georgia Fulton County Alpharetta 30022 Rivermont

518 Cypress Pointe St, Alpharetta, GA

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