NOT LISTED FOR SALE

5524 Alder Brook Way Unit 25A Buford, GA 30518

Estimated Value: $1,122,118 - $1,290,000

5 Beds
4 Baths
4,000 Sq Ft
$311/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $889,158 $222 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,404/month

155 Days on Market

Highlights

  • New Construction
  • Gated Community
  • Private Lot
  • Buford Elementary School Rated A
  • ENERGY STAR Certified Homes
  • Family Room with Fireplace

About This Home

As of March 2022

Castleberry 5BD/4BA with 2 Story Great Rm & Overlook. Guest Suite & full bath on Main. Formal LR/Study Formal Dining w/butler's pantry.2 Story Great Rm w/built-in cabinets by Fireplace opens to Kitchen w/island w/bar stool seating & walk-in pantry. Sep Breakfast Rm. Sep Morning Rm w/opt Fireplace. Mud Rm w/valet, closet & opt. cubbies.Primary, 3BD's & 3BA's up.2 BD's share J&J Bath.1 BD is suite w/private bath & walk-in closet. Primary has bath w/2 sep vanities,tub,sep enclosed shower, walk-in closet. $10k in closing costs ($8,500 builder + $1,500 approved lender)

Last Agent to Sell the Property

Adam Kirkpatrick

Chafin Realty, Inc. License #361121 Listed on: 05/04/2021

Chafin Realty, Inc.

Last Buyer's Agent

Adam Kirkpatrick

Chafin Realty, Inc. License #361121 Listed on: 05/04/2021

Chafin Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,766

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 2.13 Acre Lot
  • Cul-De-Sac
  • Private Lot
  • Level Lot

HOA Fees

  • $104 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet
  • Double Vanity
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom
  • Natural lighting in basement

Parking

  • 3 Car Garage
  • Side or Rear Entrance to Parking

Eco-Friendly Details

  • ENERGY STAR Certified Homes
  • Energy-Efficient Thermostat

Location

  • Property is near schools

Schools

  • Buford Elementary And Middle School
  • Buford High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 25 / A

Community Details

Overview

  • $1,250 Initiation Fee
  • Association fees include management fee
  • Reserve At Big Creek Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,766

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Property Type: Residential
  • District: 8
  • Year Built: 2021
  • ArchitecturalStyle: Brick 4 Side, Traditional
  • Financing Type: Other
  • GreenEnergyEfficient: Thermostat
  • Levels: Two
  • Lot Size Acres: 2.13
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 4000
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Double Oven, Disposal, Microwave
  • Bedrooms: 5
  • Dining Room Features: Separate Room
  • Basement: Bath/Stubbed, Daylight, Full
  • Total Finished Sq Ft: 4000
  • Above Grade Finished Sq Ft: 4000
  • Interior Amenities: Bookcases, High Ceilings, Double Vanity, Soaking Tub, Pulldown Attic Stairs, Separate Shower, Walk-In Closet(s)
  • Full Bathrooms: 4
  • Fireplace Features: Family Room, Other, Factory Built
  • Flooring: Hardwood, Carpet
  • Kitchen Features: Breakfast Room, Kitchen Island, Solid Surface Counters
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 222.29

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Bedroom Main Level: 1

Exterior Features

  • Construction Materials: Concrete
  • ExteriorFeatures: Other
  • Lot Features: Cul-De-Sac, Level, Private
  • Property Condition: New Construction
  • Roof: Composition
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Garage, Side/Rear Entrance
  • ParkingTotal: 3

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Central
  • Laundry Features: Upper Level
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 1250
  • Association: Yes
  • Community Features: Gated, Walk To Schools

Fee Information

  • Initiation Fee: 1250
  • Association Fee Includes: Management Fee

Schools

  • Elementary School: Buford
  • High School: Buford
  • High School Bus: Yes
  • Middle School: Buford
  • Middle School Bus: Yes
  • Elementary School: Buford
  • Middle School: Buford
  • High School: Buford

Lot Info

  • Land Lot: 137
  • Lot: 25
  • Plat Book: 00874
  • Plat Page: 00292

Green Features

  • Green Building Verification Type: ENERGY STAR Certified Homes

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2021
  • Tax Annual Amount: 10

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Mar 25, 2022
Sold by
Clayton Properties Group Inc
Bought by
Rashad Lavonne M and Rashad Raheed D
Seller's Agent
Adam Kirkpatrick
Chafin Realty, Inc.
Buyer's Agent
Adam Kirkpatrick
Chafin Realty, Inc.
List Price
$879,565
Sold Price
$889,158
Premium/Discount to List
$9,593
1.09%
Current Estimated Value
$1,244,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,872
Avg. Annual Appreciation
7.69%
Original Mortgage
$711,326
Outstanding Balance
$670,174
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$482,084
Source: Public Records

Range of Values:

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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
Rashad Lavonne M $889,158 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rashad Lavonne M $711,326
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $889,158 -3.5% $222 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
07/23/2021 07/23/21 Price Changed $921,815 +0.2% $230 / Sq Ft
06/15/2021 06/15/21 Price Changed $919,565 +1.1% $230 / Sq Ft
05/06/2021 05/06/21 Price Changed $909,565 +3.4% $227 / Sq Ft
05/04/2021 05/04/21 For Sale $879,565 -- $220 / 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
2024 $8,766 $418,320 $80,000 $338,320
2023 $3,007 $375,960 $80,000 $295,960
2022 $412 $45,000 $45,000 $0
2021 $434 $45,000 $45,000 $0
2020 $296 $50,000 $50,000 $0
2019 $303 $30,000 $30,000 $0
2018 $311 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 8972041

Georgia MLS

APN: 08-0137B-00-125