$460,000
SOLD JAN 19, 2024

5445 Silk Oak Way Sugar Hill, GA 30518

4 Beds
3 Baths
2,885 Sq Ft
0.35 Acres

Recently Sold

$159 Per Sq Ft

2% Below List Price

110 Days on Market

Highlights

  • Traditional Architecture
  • High Ceiling
  • Den
  • Sugar Hill Elementary School Rated A
  • Community Pool
  • Breakfast Area or Nook

About This Home

As of January 2024

MOTIVATED SELLER - BACK ON THE MARKET, NO FAULT OF THEIR OWN. The seller is willing to contribute to the update of appliances. *Recently refreshed with a newly painted kitchen, family room, and spare bedroom. Price adjustment just in time for the holidays! Bring your clients to explore this expansive traditional home in Arbor Clos, Sugar Hill. Conveniently situated near shopping with easy access to both State Road 400 and Interstate 85. The main floor boasts a generous, open foyer with a sitting room and formal dining area, a seamlessly connected living and kitchen space with a double pantry, and a convenient powder room. The kitchen seamlessly flows into the family room, creating an open and inviting atmosphere. Recently installed hardwoods and carpet add a touch of modernity to this floor. The upper level impresses with a spacious landing area instead of a cramped hallway, featuring all four bedrooms, including a sizable owner's suite with a spacious master bath. Two bedrooms share a jack-and-jill bathroom. The residence also includes a 2-car garage and a sizable fenced backyard, perfect for quality time with friends and family. A brand new walking park, complete with a dog park, is under construction just outside the subdivision. The neighborhood offers additional amenities such as a community pool, tennis court, and basketball court. Secure your private showing today! The preferred closing attorney is Weissman.

Last Agent to Sell the Property

Bill Thatcher

Coldwell Banker Realty License #375694 Listed on: 08/21/2023

Coldwell Banker Realty

Last Buyer's Agent

Stacey Fountain

Century 21 Results License #362971

Century 21 Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,961

Year Built

  • Built in 1998

Lot Details

  • 0.35 Acre Lot
  • Back Yard Fenced

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 2,885 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Family Room with Fireplace
  • Den

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Side or Rear Entrance to Parking

Outdoor Features

  • Patio
  • Shed

Location

  • Property is near schools

Schools

  • Sugar Hill Elementary School
  • Lanier Middle School
  • Lanier High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 505

Community Details

Overview

  • $450 Initiation Fee
  • Arbor Clos Subdivision

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,961

Year Built

Built in 1998

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Residential
  • District: 11
  • Year Built: 1998
  • ArchitecturalStyle: Traditional
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .35
  • Other Sturctures: Shed(s)
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2885
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Refrigerator, Washer
  • Bedrooms: 4
  • Basement: None
  • Total Finished Sq Ft: 2885
  • Above Grade Finished Sq Ft: 2885
  • Interior Amenities: High Ceilings
  • Full Bathrooms: 3
  • Fireplace Features: Family Room
  • Flooring: Carpet, Tile
  • Kitchen Features: Breakfast Area, Breakfast Bar
  • Price Per Square Foot: 159.445

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Concrete
  • Fencing: Back Yard
  • Foundation Details: Slab
  • Lot Features: None
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Side/Rear Entrance
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 450
  • Association: Yes
  • Community Features: Playground, Pool, Walk To Schools

Fee Information

  • Initiation Fee: 450
  • Association Fee Includes: Other

Schools

  • Elementary School: Sugar Hill
  • High School: Lanier
  • High School Bus: Yes
  • Middle School: Lanier
  • Middle School Bus: Yes
  • Elementary School: Sugar Hill
  • Middle School: Lanier
  • High School: Lanier

Lot Info

  • Lot: 505
  • Deed Book: 29465
  • Deed Page: 8

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1961

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Jan 17, 2024
Sold by
Hoover Mary J
Bought by
Shrivastava Ankita and Singh Bipin
Seller's Agent
Bill Thatcher
Coldwell Banker Realty
Buyer's Agent
Stacey Fountain
Century 21 Results
List Price
$470,000
Sold Price
$460,000
Premium/Discount to List
-$10,000
-2.13%
Views
383
Current Estimated Value
$544,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,165
Avg. Annual Appreciation
11.15%
Original Mortgage
$322,000
Outstanding Balance
$316,309
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$227,856

Purchase Details

Closed on
Oct 17, 2002
Sold by
Stewart G Jeffrey
Bought by
Hoover Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,400
Interest Rate
6.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 1999
Sold by
Rising Homes Inc
Bought by
Stewart G Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,950
Interest Rate
6.84%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $460,000 --
Deed $191,400 --
Deed $178,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $322,000 New Conventional
Previous Owner $175,000 New Conventional
Previous Owner $182,605 New Conventional
Previous Owner $192,550 Stand Alone Second
Previous Owner $13,200 Stand Alone Second
Previous Owner $20,001 Stand Alone Second
Previous Owner $200,000 Stand Alone Second
Previous Owner $35,000 Stand Alone Second
Previous Owner $20,000 Stand Alone Second
Previous Owner $151,400 New Conventional
Previous Owner $169,950 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2024 03/21/24 Rented $2,500 0.0% --
03/05/2024 03/05/24 Price Changed $2,500 -3.8% $1 / Sq Ft
02/26/2024 02/26/24 For Rent $2,600 0.0% --
01/19/2024 01/19/24 Sold $460,000 -1.1% $159 / Sq Ft
12/10/2023 12/10/23 Pending -- -- --
11/14/2023 11/14/23 Price Changed $465,000 -1.0% $161 / Sq Ft
11/08/2023 11/08/23 Price Changed $469,900 0.0% $163 / Sq Ft
10/28/2023 10/28/23 For Sale $470,000 0.0% $163 / Sq Ft
08/26/2023 08/26/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $470,000 -- $163 / Sq Ft
Source: Georgia MLS

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 $941 $196,120 $38,000 $158,120
2022 $941 $159,200 $26,000 $133,200
2021 $941 $126,880 $22,800 $104,080
2020 $1,462 $126,880 $22,800 $104,080
2019 $1,309 $110,680 $20,400 $90,280
2018 $1,309 $110,680 $20,400 $90,280
2016 $1,260 $99,600 $20,400 $79,200
2015 $1,287 $99,600 $20,400 $79,200
2014 $1,298 $99,600 $20,400 $79,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10192885

Georgia MLS

APN: 7-320-244