NOT LISTED FOR SALE

550 Spring Gate Ln Alpharetta, GA 30009

Estimated Value: $748,000 - $949,000

5 Beds
3.5 Baths
4,100 Sq Ft
$206/Sq Ft Est. Value

Last Sold July 09, 2020

Last sale price $463,000 $113 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,397/month

73 Days on Market

Highlights

  • Home Theater
  • Separate his and hers bathrooms
  • Dining Room Seats More Than Twelve
  • Alpharetta Elementary School Rated A
  • 1.05 Acre Lot
  • Deck

About This Home

As of July 2020

Country living in the city within a mile of Avalon and Downtown Alpharetta. This home offers a peaceful, park like setting with a backyard forest and stream in full view from the wall of windows on the main floor or either of the two decks. Downstairs is a separate "Mother in Law" quarters with it's own entrance, kitchen and master bath. Enjoy a movie in the media room or grill from the second story deck on the weekend in this unique and beautiful remodeled home in a quiet setting close to parks, shopping and the 400. Ideal location in Alpharetta. Close to Downtown Alpharetta, Avalon and Downtown Milton. Wills Park and The Alpharetta Greenway offer ample opportunities for outdoor fun. The forested backyard offers both natural beauty and privacy while natural shade keep the home cool in the summer.

Last Agent to Sell the Property

Eungkoung Cathy Choi

NOT A VALID MEMBER License #394847 Listed on: 03/24/2020

Last Buyer's Agent

BRITTANY D OVBEY

RE/MAX Town and Country License #228203

RE/MAX Town and Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,877

Year Built

  • Built in 1990

Lot Details

  • 1.05 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Wooded Lot
  • Private Yard
  • Garden
  • Front Yard

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,100 Sq Ft Home
  • 2-Story Property
  • Rear Stairs
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Dual Closets
  • Walk-In Closet
  • Separate his and hers bathrooms
  • In-Law or Guest Suite
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Stubbed For A Bathroom
  • Natural lighting in basement

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck

Schools

  • Alpharetta Elementary School
  • Northwestern Middle School
  • Milton High School

Utilities

  • Forced Air Zoned 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

  • Tax Lot 11
  • Assessor Parcel Number 22 434212750116

Community Details

Overview

  • Homeside Properties Association
  • Whispering Oaks Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,877

Year Built

Built in 1990

Lot Details

0

HOA Fees

$150 per month

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: 1990
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Electric Range, ENERGY STAR Qualified Appliances, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Double Vanity, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Ceilings 10 ft Main, High Speed Internet, His and Hers Closets, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Finished Bath, Interior Entry
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Game Room, Great Room - 1 Story, Media Room, Office, Other
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 4100.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: In-Law Suite/Apartment, Master on Main
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Construction Materials: Stucco
  • Roof Type: Composition
  • Patio And Porch Features: Deck
  • Exterior Features: Garden, Private Yard, Rear Stairs

Garage/Parking

  • Parking Features: Attached

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Homeowners Assoc, Pool
  • Association Fee: 1800
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Whispering Oaks

Association/Amenities

  • Management Company: Homeside Properties

Schools

  • Elementary School: Alpharetta
  • Middle School: Northwestern
  • High School: Milton

Lot Info

  • Acres: 1.0470
  • Lot: 11
  • Deed Book: 32242
  • Deed Page: 169
  • Lot Features: Cul-De-Sac, Front Yard, Landscaped, Private, Wooded
  • Lot Dimensions: 1
  • Parcel Number: 22 434212750116
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

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

Tax Info

  • Taxes: 3877.00
  • Assessor Parcel Number: 22-4342-1275-011-6
  • Close Date: 2020-07-09
  • Tax Year: 2018

MLS Schools

  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Alpharetta
  • High School: Milton
  • Middle School: Northwestern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2020
Closed on
Jul 9, 2020
Sold by
Boyce Steven J
Bought by
Connell Mark
Seller's Agent
Eungkoung Cathy Choi
NOT A VALID MEMBER
Buyer's Agent
BRITTANY D OVBEY
RE/MAX Town and Country
List Price
$479,900
Sold Price
$463,000
Premium/Discount to List
-$16,900
-3.52%
Current Estimated Value
$843,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,956
Avg. Annual Appreciation
12.44%
Original Mortgage
$439,850
Outstanding Balance
$395,020
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$432,379

Purchase Details

Listed on
Sep 1, 2017
Closed on
Nov 30, 2017
Sold by
Davis Gayle E
Bought by
Boyce Steven J and Eungkoung Choi
Seller's Agent
Rhonda Duffy
Duffy Realty of Atlanta
Buyer's Agent
Marc Castillo
Coldwell Banker Realty
List Price
$435,000
Sold Price
$425,000
Premium/Discount to List
-$10,000
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%
Original Mortgage
$412,250
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2002
Sold by
Mcpherson Patrick H
Bought by
Davis Gayle

Purchase Details

Closed on
Sep 29, 2000
Sold by
Watson Aprin A
Bought by
Mcpherson Patrick H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2000
Sold by
Watson Gregory P
Bought by
Watson April A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 1998
Sold by
Thannisch Harold H
Bought by
Watson Gregory P and Watson April

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
7.03%
Mortgage Type
New Conventional
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
Connell Mark $463,000 --
Boyce Steven J $425,000 --
Davis Gayle -- --
Mcpherson Patrick H $230,000 --
Watson April A -- --
Watson Gregory P $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connell Mark $439,850
Previous Owner Boyce Steven J $412,250
Previous Owner Davis Gayle E $160,000
Previous Owner Davis Gayle E $185,878
Previous Owner Mcpherson Patrick H $184,000
Previous Owner Watson Gregory P $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2020 07/09/20 Sold $463,000 -1.5% $113 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
05/23/2020 05/23/20 Price Changed $469,900 -2.1% $115 / Sq Ft
03/24/2020 03/24/20 For Sale $479,900 +12.9% $117 / Sq Ft
11/30/2017 11/30/17 Sold $425,000 -2.3% $158 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $435,000 -- $161 / 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 $6,551 $232,080 $67,800 $164,280
2022 $5,712 $217,120 $40,280 $176,840
2021 $5,907 $179,640 $35,920 $143,720
2020 $4,022 $168,360 $33,680 $134,680
2019 $605 $165,360 $33,080 $132,280
2018 $3,877 $161,480 $32,280 $129,200
2017 $3,740 $128,200 $35,440 $92,760
2016 $3,391 $128,200 $35,440 $92,760
2015 $3,942 $128,200 $35,440 $92,760
2014 $2,297 $87,680 $28,320 $59,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6690861

First Multiple Listing Service (FMLS)

APN: 22-4342-1275-011-6