NOT LISTED FOR SALE

5560 Silk Oak Way Unit VI Sugar Hill, GA 30518

Estimated Value: $554,000 - $614,051

5 Beds
2.5 Baths
2,848 Sq Ft
$206/Sq Ft Est. Value

Last Sold July 13, 2015

Last sale price $239,900 $84 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $3,194/month

179 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Deck
  • Whirlpool Bathtub
  • Sugar Hill Elementary School Rated A
  • Traditional Architecture
  • Bonus Room

About This Home

As of July 2015

Just reduced for quick sale !!!!!!!! Beautiful 2-Story traditional in desirable Arbor Clos Sub. Recenty renovated. Updated kitchen features new granite C-Tops, island, new tiled floor, and new SS appliances. Fresh interior paint. New upgraded carpet. New lighting throughout home. Oversized master BR features beautiful trey ceilings. Huge master bath features 10ft+ ceilings and large walk-in closet. Spacious secondary bedrooms w/ walk-in closets. Full finished basement. Premium corner lot w/ side entry garage. Great curb appeal. Swim/Tennis community.

Last Agent to Sell the Property

Gerardo Guerra

Keller Williams Realty Atlanta Partners License #213486 Listed on: 09/08/2014

Keller Williams Realty Atlanta Partners

Last Buyer's Agent

Belinda Hull

NOT A VALID MEMBER License #54873

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,233

Year Built

  • Built in 1999

Lot Details

  • 0.34

HOA Fees

  • $38 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Brick Front

Interior Spaces

  • 2,848 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 9 feet on the lower level
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • 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 in Hall

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Sugar Hill - Gwinnett Elementary School
  • Lanier Middle School
  • Lanier High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Energy-Efficient HVAC
  • Corner Lot

Listing and Financial Details

  • Legal Lot and Block 539 / A
  • Assessor Parcel Number 5560SilkOakWAY

Community Details

Overview

  • $350 Initiation Fee
  • Arbor Clos Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,233

Year Built

Built in 1999

Lot Details

0

HOA Fees

$38 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: 1999
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Microwave
  • Interior Amenities: Bookcases, Double Vanity, Entrance Foyer 2 Story, High Ceilings 9 ft Lower, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Full
  • Kitchen Features: Cabinets Other, Eat-in Kitchen, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2848.00

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Sitting Room, Split Bedroom Plan
  • Lower Bedrooms: 1
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Skylights, Whirlpool Tub

Exterior Features

  • Construction Materials: Brick Front, Frame
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Hall, Laundry Room

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Homeowners Assoc, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Arbor Clos

Lot Info

  • Lot: 539
  • Lot Features: Corner Lot
  • Lot Dimensions: .34
  • Parcel Number: 5560SilkOakWAY
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC

Rental Info

  • Initiation Fee: 350

Tax Info

  • Taxes: 3233.00
  • Tax Year: 2013

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Sugar Hill - Gwinnett
  • High School: Lanier
  • Middle School: Lanier

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2014
Closed on
Jul 13, 2015
Sold by
Prime Funding Inc
Bought by
Najee-Ullah Arthur Louis
Seller's Agent
Gerardo Guerra
Keller Williams Realty Atlanta Partners
Buyer's Agent
Belinda Hull
NOT A VALID MEMBER
List Price
$249,900
Sold Price
$239,900
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$586,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,363
Avg. Annual Appreciation
8.96%
Original Mortgage
$235,554
Outstanding Balance
$191,196
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$395,067

Purchase Details

Closed on
Jul 2, 2013
Sold by
Turner Timothy J
Bought by
Prime Funding Inc

Purchase Details

Closed on
Aug 27, 1999
Sold by
W D Thomas Homes Inc
Bought by
Turner Timothy J and Turner Karin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,400
Interest Rate
7.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Najee-Ullah Arthur Louis $239,900 --
Prime Funding Inc $187,000 --
Turner Timothy J $198,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Najee-Ullah Arthur Louis $235,554
Previous Owner Turner Timothy J $178,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2015 07/13/15 Sold $239,900 0.0% $84 / Sq Ft
03/18/2015 03/18/15 Off Market $239,900 -- --
09/08/2014 09/08/14 For Sale $249,900 -- $88 / 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 $825 $240,320 $50,000 $190,320
2024 $1,565 $213,880 $38,000 $175,880
2023 $1,565 $236,040 $38,000 $198,040
2022 $1,565 $192,840 $26,000 $166,840
2021 $1,565 $153,200 $22,800 $130,400
2020 $2,186 $153,200 $22,800 $130,400
2019 $1,956 $132,720 $20,400 $112,320
2018 $1,956 $132,720 $20,400 $112,320
2016 $3,535 $95,960 $20,400 $75,560
2015 $4,679 $118,840 $20,400 $98,440
2014 $2,982 $74,800 $20,400 $54,400
Source: Public Records

Agents Affiliated with this Home

  • Gerardo Guerra

    Seller's Agent in 2015

    Gerardo Guerra

    Keller Williams Realty Atlanta Partners

    (678) 698-6493

    1 in this area

    69 Total Sales

    Gerardo Guerra
    Section Image

  • B

    Buyer's Agent in 2015

    Belinda Hull

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5341272

First Multiple Listing Service (FMLS)

APN: 7-320-166

Georgia Gwinnett County Sugar Hill 30518

5560 Silk Oak Way Unit VI, Sugar Hill, GA

Not Listed for Sale

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