NOT LISTED FOR SALE

5240 Deerlake Dr Alpharetta, GA 30005

Estimated Value: $891,000 - $978,000

5 Beds
4 Baths
4,273 Sq Ft
$219/Sq Ft Est. Value

Last Sold May 21, 2019

Last sale price $550,000 $129 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,162/month

5 Days on Market

Highlights

  • Media Room
  • Fishing
  • Dining Room Seats More Than Twelve
  • Brookwood Elementary School Rated A+
  • Community Lake
  • Clubhouse

About This Home

As of May 2019

Well maintained home in active swim/tennis neighborhood. Newer HVAC w/ programmable humidity control thermostats for main & second floors; 6 in gutters w/guards installed; new windows throughout installed in 2014 with transferrable lifetime warranty; hot water heater installed May 2018; new hardwoods on stairs, main floor, and second floor hall. Brand new carpet installed on second floor. SS appliances, plantation shutters throughout home. Invisible dog fence. Walk to amenities: lake, pool, tennis, basketball, clubhouse. Double sidewalks! Nothing left to do but move in.

Last Agent to Sell the Property

Melissa Boozikee

NOT A VALID MEMBER Listed on: 03/06/2019

NOT A VALID MEMBER

Last Buyer's Agent

Prabu Venkatesh

NOT A VALID MEMBER License #379808

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,637

Year Built

  • Built in 1995

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 96x129x116x119
  • Property has an invisible fence for dogs
  • Landscaped
  • Wooded Lot
  • Back Yard

HOA Fees

  • $115 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 4,273 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bookcases
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Plantation Shutters
  • Two Story Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Media Room
  • Game Room
  • Home Gym

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on upper level

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Schools

  • Brookwood - Forsyth Elementary School
  • South Forsyth Middle School
  • Lambert High School

Utilities

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

Additional Features

  • Patio
  • Property is near shops

Listing and Financial Details

  • Assessor Parcel Number 114 021

Community Details

Overview

  • $1,375 Initiation Fee
  • Access Association, Phone Number (770) 777-6890
  • Deerlake Subdivision
  • Rental Restrictions
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Swim or tennis dues are required
  • Community Pool
  • Community Spa
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,637

Year Built

Built in 1995

Lot Details

0

HOA Fees

$115 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: 1995
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Gas Starter, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Bookcases, Double Vanity, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Speed Internet, Walk-In Closet(s), Wet Bar
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath
  • Kitchen Features: Breakfast Bar, Cabinets White, Eat-in Kitchen, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Exercise Room, Family Room, Game Room, Media Room
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 4273.00
  • Spa Features: Community
  • Window Features: Plantation Shutters

Beds/Baths

  • Total Bedrooms: 5
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Shower Only

Exterior Features

  • Construction Materials: Brick 3 Sides
  • Roof Type: Composition
  • Fencing: Invisible
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Humidity Control, Zoned
  • Heating: Central, Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Fishing, Homeowners Assoc, Lake, Near Shopping, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 1375
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Management Phone: 770-777-6890
  • Subdivision Complex: Deerlake

Association/Amenities

  • Management Company: Access

Lot Info

  • Acres: 0.3300
  • Lot Features: Back Yard, Landscaped, Wooded
  • Lot Dimensions: 96x129x116x119
  • Parcel Number: 114 021
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Thermostat, Windows
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 1375

Tax Info

  • Taxes: 4637.00
  • Tax Year: 2018

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Brookwood - Forsyth
  • High School: Lambert
  • Middle School: South Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2022
Sold by
Shanks Ann-Marie and Shanks Ebony Marie
Bought by
Shanks Ann-Marie and Shanks Ebony Marie
Current Estimated Value
$935,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Outstanding Balance
$446,705
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$489,121

Purchase Details

Listed on
Mar 6, 2019
Closed on
May 21, 2019
Sold by
Clifton Jason K
Bought by
Shanks Ann-Marie and Shanks Ebony Marie
Seller's Agent
Melissa Boozikee
NOT A VALID MEMBER
Buyer's Agent
Prabu Venkatesh
NOT A VALID MEMBER
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$484,350
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2013
Sold by
Clifton Laura B
Bought by
Clifton Jason K

Purchase Details

Closed on
Jun 28, 2004
Sold by
Arnold Stephen W and Arnold Lynne
Bought by
Clifton Jason K and Clifton Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 1999
Sold by
Smith Steven R
Bought by
Arnold Stephen W and Arnold Lynne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 1995
Sold by
Jim Bankes Inc
Bought by
Smith Steven R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shanks Ann-Marie -- None Listed On Document
Shanks Ann-Marie $550,000 --
Clifton Jason K -- --
Clifton Jason K $350,000 --
Arnold Stephen W $281,900 --
Smith Steven R $264,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shanks Ann-Marie $484,000
Previous Owner Shanks Ann-Marie $484,350
Previous Owner Clifton Jason K $280,000
Previous Owner Arnold Stephen W $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2019 05/21/19 Sold $550,000 0.0% $129 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $550,000 -- $129 / 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 $1,492 $386,992 $78,000 $308,992
2024 $1,492 $330,012 $68,000 $262,012
2023 $1,410 $322,380 $60,000 $262,380
2022 $1,474 $213,424 $50,000 $163,424
2021 $1,434 $213,424 $50,000 $163,424
2020 $1,426 $204,496 $50,000 $154,496
2019 $4,713 $185,368 $50,000 $135,368
2018 $4,637 $180,872 $50,000 $130,872
2017 $4,413 $169,424 $40,000 $129,424
2016 $4,325 $165,264 $30,000 $135,264
2015 $4,333 $165,264 $30,000 $135,264
2014 $3,623 $140,572 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6515219

First Multiple Listing Service (FMLS)

APN: 114-021