NOT LISTED FOR SALE

5509 Folly Place Norcross, GA 30092

Estimated Value: $764,753 - $842,000

4 Beds
3.5 Baths
3,995 Sq Ft
$200/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $520,000 $130 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,000/month

19 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Dining Room Seats More Than Twelve
  • Deck
  • Simpson Elementary School Rated A
  • Clubhouse
  • Family Room with Fireplace

About This Home

As of February 2021

Amazing opportunity in Peachtree Corners! Beautiful, immaculate & move-in ready home located on a Cul-de-Sac in the highly sought-after SIMPSON ES district! Fabulous new Master Bath, freshly painted inside & out, gorgeous wood floors, 4-sided brick w/awesome finished terrace level! 4 bedrooms & 3 FULL Baths upstairs, each bedroom w/a large walk-in closet! Stunning oversized Master Bedroom w/a soaring tray ceiling, 2 closets AND a BONUS sitting room/office! Enjoy your fabulous BRAND NEW MASTER BATHROOM w/a deep vessel tub! Home features a spacious layout with an abundance of natural light w/an oversized dining room/formal living room, an office/playroom, and a large family room with built-in bookshelves, a wet bar & fireplace. Ideal layout for removing a wall if want more open! Front & back staircases too! Light, bright & spacious kitchen includes stainless steel appliances, chef prep island, beverage station/desk & breakfast area leading to a large deck! Enjoy the vaulted screened porch overlooking the private backyard! Awesome Terrace Level includes a recreation/pool room, media area, 2nd fireplace AND a workshop and unfinished space perfect for storage. Step out onto a large patio and into the backyard to find a fenced and private oasis w/a fire pit that will amaze you! Plenty of room to add a playground. Lot is .41 acres! Low maintenance and a great place for the kids, and adults, to play! This home is a gem and River Station is an inviting and friendly neighborhood which includes an active swim and tennis club! Walking distance to Jones Bridge Park, Simpson Elementary, and shopping & restaurants at The Forum and New Town Center. Must See!

Last Agent to Sell the Property

Jennifer Holley

Chapman Hall Realtors License #358573 Listed on: 01/12/2021

Chapman Hall Realtors

Last Buyer's Agent

BOB TEPPER

Dorsey Alston Realtors License #248642

Dorsey Alston Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,250

Year Built

  • Built in 1984

Lot Details

  • 0.41 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Back Yard Fenced and Front Yard

HOA Fees

  • $55 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Four Sided Brick Exterior Elevation
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,995 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Tray Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Plantation Shutters
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Office
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Oversized primary bedroom
  • Dual Closets
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

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
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 347 / A
  • Assessor Parcel Number R6347 115

Community Details

Overview

  • River Station Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Swim Team
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,250

Year Built

Built in 1984

Lot Details

0

HOA Fees

$55 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: 1984
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Basement, Family Room, Masonry
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Gas Water Heater, Microwave
  • Interior Amenities: Bookcases, Double Vanity, Entrance Foyer, High Speed Internet, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Basement: Daylight, Exterior Entry, Finished, Interior Entry
  • Kitchen Features: Eat-in Kitchen, Kitchen Island, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Living Room, Office
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 3995.00
  • Spa Features: None
  • Window Features: Plantation Shutters

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Oversized Master, Sitting Room
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition, Shingle
  • Fencing: Back Yard, Fenced
  • Patio And Porch Features: Deck, Rear Porch, Screened
  • Exterior Features: Private Yard
  • Foundation: Concrete Perimeter

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Homeowners Assoc, Near Schools, Near Shopping, Playground, Pool, Street Lights, Swim Team, Tennis Court(s)
  • Association Fee: 654
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: River Station

Lot Info

  • Acres: 0.4100
  • Lot: 347
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Private
  • Lot Dimensions: x 85
  • Parcel Number: R6347 115
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 5250.00
  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Feb 26, 2021
Sold by
Doroff Matthew S
Bought by
Ross Valerie and Farmer Mark
Seller's Agent
Jennifer Holley
Chapman Hall Realtors
Buyer's Agent
BOB TEPPER
Dorsey Alston Realtors
List Price
$520,000
Sold Price
$520,000
Current Estimated Value
$797,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,188
Avg. Annual Appreciation
9.45%
Original Mortgage
$416,000
Outstanding Balance
$304,102
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$493,086

Purchase Details

Closed on
Nov 21, 2000
Sold by
Catledge Thomas C and Catledge Catherine A
Bought by
Doroff Matthew S and Doroff Janie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
7.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 1996
Sold by
Fasano Richard S Claudett
Bought by
Catledge Thomas C and Mcneil Catherine
Source: Public Records

Range of Values:

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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
Ross Valerie $520,000 --
Doroff Matthew S $325,000 --
Catledge Thomas C $257,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ross Valerie $416,000
Previous Owner Doroff Matthew S $252,700
Closed Catledge Thomas C $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $520,000 +4.0% $130 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
01/29/2021 01/29/21 Price Changed $500,000 -3.8% $125 / Sq Ft
01/12/2021 01/12/21 For Sale $520,000 -- $130 / 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 $8,913 $303,000 $50,160 $252,840
2024 $8,498 $274,280 $50,000 $224,280
2023 $8,498 $274,280 $50,000 $224,280
2022 $7,144 $208,000 $42,000 $166,000
2021 $5,659 $192,760 $35,520 $157,240
2020 $5,659 $192,760 $35,520 $157,240
2019 $5,250 $179,840 $30,000 $149,840
2018 $5,271 $179,840 $30,000 $149,840
2016 $4,758 $157,880 $24,000 $133,880
2015 $4,802 $157,880 $24,000 $133,880
2014 $4,687 $157,880 $24,000 $133,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6826927

First Multiple Listing Service (FMLS)

APN: 6-347-115