NOT LISTED FOR SALE

5488 Folly Place Norcross, GA 30092

Estimated Value: $749,000 - $883,000

6 Beds
4 Baths
4,829 Sq Ft
$166/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $700,000 $145 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,215/month

4 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Traditional Architecture
  • Simpson Elementary School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of August 2023

Welcome Home to this brick traditional in the sought-after Simpson School District. This 6 bedroom 4 Bath home sits on a quiet cul-de-sac street in the active swim/tennis community of River Station. Upstairs are 4 Bedrooms and 2 Full Bathrooms and the main level has a Private Guest Bedroom/Office and a Full bathroom. The Terrace Level features a full kitchen, bedroom, full bathroom, family room with fireplace, office with closet, and a separate entrance; perfect for a teen or in-law suite.

The Entrance Foyer, with hardwood floors, leads to spacious Living and Dining rooms. The Kitchen has hardwood flooring, breakfast area, island, pantry, granite countertops, tile backsplash, smoothtop cooktop, and a microwave/oven combination. The Kitchen opens to a large, vaulted Family Room featuring a fireplace, wet bar, rear staircase, built-in bookshelves, and French doors to the 4-Season Porch, the perfect spot for morning coffee and evening conversation. A Deck connects to the Porch and overlooks a private, wooded backyard. The main level bedroom/office and full bathroom complete the main level. Upstairs is the Master Bedroom with ceiling fan, trey ceiling, and large walk-in closet. The Master Bathroom has a jetted tub, separate shower, vaulted ceiling and skylight. The 3 secondary bedrooms upstairs all have walk-in closets and include an oversized bedroom with a rear staircase to the family room. The secondary bedrooms share a hall bathroom with a double vanity. The convenient upstairs laundry is light and bright with a tiled washer/dryer pan and a laundry sink.

Great schools include Simpson Elementary and Paul Duke STEM High School and this home is convenient to a number of private schools. Walking distance to Jones Bridge and Simpsonwood Parks. The Forum and the Town Center offer shopping, dining, as well as community events and concerts. Peachtree Corners was recently ranked #19 nationally on Fortune Magazine’s 50 Best Places to Live for Families and #1 in Georgia. Don’t miss your chance to be in this wonderful swim/tennis community in Peachtree Corners.

Last Agent to Sell the Property

Christine Clemens

Atlanta Communities License #416550 Listed on: 07/27/2023

Atlanta Communities

Last Buyer's Agent

Rachel Frintner

Sure Realty Inc. License #376794

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,707

Year Built

  • Built in 1984

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 109 x 234 x 107 x 166
  • Landscaped
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Ridge Vents on the Roof
  • Composition Roof
  • Four Sided Brick Exterior Elevation
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Rear Stairs
  • Bookcases
  • Crown Molding
  • Tray Ceiling
  • Vaulted Ceiling
  • Whole House Fan
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Formal Dining Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom
  • Window or Skylight in Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Sink Near Laundry
  • 220 Volts In Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Finished Basement Bathroom
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Rear Porch

Location

  • Property is near schools
  • Property is near shops

Schools

  • Simpson Elementary School
  • Pinckneyville Middle School
  • Norcross High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 110 Volts
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / A
  • Assessor Parcel Number R6347 108

Community Details

Overview

  • Association Phone (336) 408-5158
  • River Station Subdivision
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Community Playground
  • Swim or tennis dues are required
  • Swim Team
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,707

Year Built

Built in 1984

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: L4 BA RIVER STATION #1
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1984
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 3132.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Basement, Family Room, Gas Starter
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Range Hood, Refrigerator, Trash Compactor
  • Interior Amenities: Bookcases, Crown Molding, Disappearing Attic Stairs, Double Vanity, Entrance Foyer, High Speed Internet, Tray Ceiling(s), Vaulted, Walk-In Closet(s), Wet Bar
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Full, Interior Entry
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Basement, Bathroom, Bedroom, Dining Room, Family Room, Kitchen, Laundry, Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 4829.00
  • Spa Features: None
  • Window Features: Skylight(s)
  • Below Grade Finished Sq Ft: 1697.00

Beds/Baths

  • Total Bedrooms: 6
  • 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, Separate Tub/Shower, Skylights, Whirlpool Tub

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition, Ridge Vents, Shingle
  • Patio And Porch Features: Deck, Rear Porch
  • Exterior Features: Private Yard, Rear Stairs
  • Foundation: Concrete Perimeter

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Whole House Fan
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Sink, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: 110 Volts, 220 Volts in Laundry

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc, Near Schools, Near Shopping, Near Trails/Greenway, Playground, Pool, Swim Team, Tennis Court(s)
  • Association Fee: 693
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Hoa Contact Phone: 336-408-5158
  • Management Company Email: bod@riverstation.net
  • Subdivision Complex: River Station

Schools

  • Elementary School: Simpson
  • Middle School: Pinckneyville
  • High School: Norcross

Lot Info

  • Acres: 0.4700
  • Lot: 4
  • Land/Lot: 347
  • Plat Book: 34
  • Plat Page: 64
  • Lot Features: Back Yard, Front Yard, Landscaped, Private
  • Lot Dimensions: 109 x 234 x 107 x 166
  • Parcel Number: R6347 108
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1707.00
  • Assessor Parcel Number: R6347-108
  • Close Date: 2023-08-28
  • Tax Year: 2022

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Simpson
  • High School: Norcross
  • Middle School: Pinckneyville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Aug 28, 2023
Sold by
Duke David M
Bought by
Smith Elizabeth and Smith Sean
Seller's Agent
Christine Clemens
Atlanta Communities
Buyer's Agent
Rachel Frintner
Sure Realty Inc.
List Price
$695,000
Sold Price
$700,000
Premium/Discount to List
$5,000
0.72%
Views
108
Current Estimated Value
$800,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,991
Avg. Annual Appreciation
5.13%
Original Mortgage
$150,000
Outstanding Balance
$147,447
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$627,838

Purchase Details

Closed on
Jul 28, 1997
Sold by
Woo Byumg Uk and Woo Jung Im
Bought by
Duke David M and Duke Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Smith Elizabeth -- --
Smith Elizabeth $700,000 --
Duke David M $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Elizabeth $150,000
Previous Owner Duke Patricia A $100,000
Previous Owner Duke David M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $700,000 +0.7% $145 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $695,000 -- $144 / 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 $9,918 $280,000 $50,000 $230,000
2023 $9,918 $282,600 $50,000 $232,600
2022 $1,707 $261,000 $42,000 $219,000
2021 $1,702 $215,960 $35,520 $180,440
2020 $1,698 $215,960 $35,520 $180,440
2019 $1,559 $199,440 $30,000 $169,440
2018 $1,554 $199,440 $30,000 $169,440
2016 $1,506 $160,600 $24,000 $136,600
2015 $1,545 $160,600 $24,000 $136,600
2014 $1,444 $160,600 $24,000 $136,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7247102

First Multiple Listing Service (FMLS)

APN: 6-347-108