NOT LISTED FOR SALE

5524 Alder Brook Way Buford, GA 30518

Estimated Value: $1,184,000 - $1,239,586

5 Beds
4 Baths
400 Sq Ft
$3,029/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $889,158 $2,223 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,604/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
  • Landscaped
  • Private Lot
  • Level Lot

HOA Fees

  • $104 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Side Facing Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Cement Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 400 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Pull Down Stairs to Attic
  • Security Gate

Kitchen

  • Open to Family Room
  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Unfinished Basement

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

Eco-Friendly Details

  • ENERGY STAR Certified Homes
  • Energy-Efficient Thermostat

Schools

  • Buford Elementary And Middle School
  • Buford High School

Utilities

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

Additional Features

  • Covered patio or porch
  • Property is near schools

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 25 / A
  • Assessor Parcel Number 08137B000125

Community Details

Overview

  • $1,250 Initiation Fee
  • Gw & Associates Association
  • Secondary HOA Phone (678) 407-6307
  • 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

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: New Construction
  • Year Built: 2021
  • Levels Stories: Two
  • Special Features: NewHome

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Disposal, Double Oven, Microwave
  • Interior Amenities: Bookcases, Disappearing Attic Stairs, Double Vanity, High Ceilings 9 ft Upper, High Ceilings 10 ft Main, High Speed Internet, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Full, Unfinished
  • Kitchen Features: Breakfast Room, Cabinets White, Kitchen Island, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 400.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Brick 4 Sides, Cement Siding, Frame
  • Roof Type: Composition
  • Patio And Porch Features: Covered
  • Foundation: See Remarks

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Garage, Garage Faces Side

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Homeowners Assoc, Near Schools
  • Association Fee: 1250
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Management Phone: 678-407-6307
  • Subdivision Complex: Reserve At Big Creek

Association/Amenities

  • Management Company: GW & Associates

Schools

  • Elementary School: Buford
  • Middle School: Buford
  • High School: Buford

Lot Info

  • Acres: 2.1300
  • Lot: 25
  • Land/Lot: 137
  • Plat Book: 00874
  • Plat Page: 00292
  • Lot Features: Cul-De-Sac, Landscaped, Level, Private
  • Lot Dimensions: 2
  • Parcel Number: 08137B000125
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat
  • Green Building Certifications: ENERGY STAR Certified Homes
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 1250

Tax Info

  • Taxes: 10.00
  • Assessor Parcel Number: 08-0137B-00-125
  • Close Date: 2022-03-25
  • Tax Year: 2021

MLS Schools

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

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%
Total Days on Market
155
Current Estimated Value
$1,211,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,489
Avg. Annual Appreciation
9.67%
Original Mortgage
$711,326
Outstanding Balance
$670,174
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$527,856
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
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% $2,223 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
07/23/2021 07/23/21 Price Changed $921,815 +0.2% $2,305 / Sq Ft
06/15/2021 06/15/21 Price Changed $919,565 +1.1% $2,299 / Sq Ft
05/06/2021 05/06/21 Price Changed $909,565 +3.4% $2,274 / Sq Ft
05/04/2021 05/04/21 For Sale $879,565 -- $2,199 / 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 $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: First Multiple Listing Service (FMLS)

MLS Number: 6878354

First Multiple Listing Service (FMLS)