NOT LISTED FOR SALE

518 Penman Way Alpharetta, GA 30022

Ocee Neighborhood

Estimated Value: $741,000 - $932,000

4 Beds
3.5 Baths
3,604 Sq Ft
$237/Sq Ft Est. Value

Last Sold October 25, 2012

Last sale price $345,000 $96 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $5,334/month

55 Days on Market

Highlights

  • Home Theater
  • Separate his and hers bathrooms
  • Dining Room Seats More Than Twelve
  • Ocee Elementary School Rated A
  • Gated Community
  • Fireplace in Primary Bedroom

About This Home

As of October 2012

Phenomenal 3-finished-level home w/ ELEVATOR, not trad bment. Top-of-the-line custom blinds, shutters, light fixtures. Grand coffered & trey 10'+ ceilings w/ heavy crown molding, & surround-sound throughout. 2 screened porches. A gourmet cook's kitchen w/ granite, stainless appliances, gas cooktop, & walk-in pantry. Master suite has amazing built-ins, tiled steam-shower, & giant closet. Spacious 2ndary bedrms. Energy efficient attic fan, dbl pane windows, low-flow toilets. LL media rm could be 4th bedrm. Park-like w/ space for play et. Purchased for $565k.

Last Agent to Sell the Property

THERESA BONE

NOT A VALID MEMBER License #338943 Listed on: 04/27/2012

Last Buyer's Agent

SUSAN H NA

Virtual Properties Realty. Biz License #259391

Virtual Properties Realty. Biz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,824

Year Built

  • Built in 2006

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Fenced
  • Landscaped
  • Private Lot
  • Level Lot

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway Level

Home Design

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

Interior Spaces

  • 3,604 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 10 feet on the main level
  • Whole House Fan
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Wine Rack
  • Disposal

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

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
  • Security Gate

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near shops

Schools

  • Ocee Elementary School
  • Taylor Road Middle School
  • Chattahoochee High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 518PenmanWAY

Community Details

Overview

  • $300 Initiation Fee
  • Jones Bridge Estates Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,824

Year Built

Built in 2006

Lot Details

0

HOA Fees

$85 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: 2006
  • Levels Stories: Three Or More
  • Special Features: 12

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Gas Log, Gas Starter, Master Bedroom
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Bookcases, Disappearing Attic Stairs, Double Vanity, Elevator, Entrance Foyer, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, High Speed Internet, Low-Flow Fixtures, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Stone Counters, Eat-in Kitchen, Pantry Walk-In, View to Family Room, Wine Rack
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Living Room, Media Room, Sun Room
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 3604.00

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Split Bedroom Plan
  • Lower Bedrooms: 1
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate His/Hers, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Patio

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security Gate, Security System Owned
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air, Whole House Fan, Zoned
  • Heating: Natural Gas, Zoned
  • Laundry Features: Laundry Room, Upper Floor

Condo/Co-op/Association

  • Community Features: Gated, Homeowners Assoc, Near Shopping
  • Association Fee: 1020
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Jones Bridge Estates

Schools

  • Elementary School: Ocee
  • Middle School: Taylor Road
  • High School: Chattahoochee

Lot Info

  • Lot: 21
  • Land/Lot: 193
  • Section G M D: 1st
  • Lot Features: Cul-De-Sac, Landscaped, Level, Private
  • Lot Dimensions: .19
  • Parcel Number: 518PenmanWAY
  • Property Attached Yn: No

Green Features

  • Efficiency: Insulation, Thermostat

Rental Info

  • Initiation Fee: 300

Tax Info

  • Taxes: 5824.00
  • Assessor Parcel Number: 11-0450-0193-127
  • Close Date: 2012-10-25
  • Tax Year: 2011

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Ocee
  • High School: Chattahoochee
  • Middle School: Taylor Road

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2012
Closed on
Oct 25, 2012
Sold by
Sharkey Keith S
Bought by
Kwak Sang B
Seller's Agent
THERESA BONE
NOT A VALID MEMBER
Buyer's Agent
SUSAN H NA
Virtual Properties Realty. Biz
List Price
$399,000
Sold Price
$345,000
Premium/Discount to List
-$54,000
-13.53%
Total Days on Market
55
Current Estimated Value
$853,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$508,930
Avg. Annual Appreciation
7.35%
Original Mortgage
$258,750
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2007
Sold by
Quantum Homes At Jones Brg Llc
Bought by
Sharkey Keith S and Sharkey Liza L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 1993
Sold by
Waverly Homes Inc
Bought by
Twitty Frances Alfonso
Source: Public Records

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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
Kwak Sang B $345,000 --
Sharkey Keith S $565,600 --
Twitty Frances Alfonso $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwak Sang Bum $387,493
Closed Kwak Sang B $258,750
Previous Owner Sharkey Keith S $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2012 10/25/12 Sold $345,000 -13.5% $96 / Sq Ft
09/25/2012 09/25/12 Pending -- -- --
04/27/2012 04/27/12 For Sale $399,000 -- $111 / 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 $5,458 $198,280 $24,120 $174,160
2022 $5,210 $200,080 $24,120 $175,960
2021 $5,183 $194,280 $23,440 $170,840
2020 $5,151 $183,680 $30,440 $153,240
2019 $598 $180,440 $29,920 $150,520
2018 $5,339 $176,200 $29,200 $147,000
2017 $4,928 $156,960 $22,120 $134,840
2016 $4,849 $156,960 $22,120 $134,840
2015 $4,902 $156,960 $22,120 $134,840
2014 $5,076 $156,960 $22,120 $134,840
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    THERESA BONE

    NOT A VALID MEMBER

    Section Image

  • S

    Buyer's Agent in 2012

    SUSAN H NA

    Virtual Properties Realty.BIZ

    (678) 468-2808

    8 Total Sales

    SUSAN H NA
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5013008

First Multiple Listing Service (FMLS)

APN: 11-0450-0193-127-0

Georgia Fulton County Alpharetta 30022 Ocee

518 Penman Way, Alpharetta, GA

This home is located at 518 Penman Way, Alpharetta, GA 30022 since 27 April 2012 and is currently estimated at $853,930, approximately $236 per square foot. This property was built in 2006. 518 Penman Way is a home located in Fulton County with nearby schools including Ocee Elementary School, Taylor Road Middle School, and Chattahoochee High School.

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