NOT LISTED FOR SALE

5575 Meridian Way Oakwood, GA 30566

Estimated Value: $940,000 - $1,117,000

6 Beds
4.5 Baths
6,444 Sq Ft
$158/Sq Ft Est. Value

Last Sold July 18, 2016

Last sale price $490,000 $76 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $5,851/month

257 Days on Market

Highlights

  • Lake Front
  • Dining Room Seats More Than Twelve
  • Family Room with Fireplace
  • Gated Community
  • Private Lot
  • European Architecture

About This Home

As of July 2016

Mesmerizing sunset views over Lake Lanier from this custom designed estate in private gated swim/tennis community. Quality craftsmanship, solid limestone columns, chef's kitchen, family room w/stacked stone fireplace, coffered ceiling, grand 2 story foyer, crown molding, hardwood floors & high ceilings. Whole-house sound system. Outdoor kitchen & covered patio overlook expansive backyard. Finished terrace level offers more living space inside and out w/wet bar, family room, another BR/BA & outdoor space. 3 car side-entry garage.

Last Agent to Sell the Property

Judy Presley

Keller Williams Lanier Partners License #37315 Listed on: 10/22/2015

Keller Williams Lanier Partners

Co-Listed By

Kim Yarrington

Keller Williams Lanier Partners License #282934

Last Buyer's Agent

Elizabeth Ryan

HomeSmart License #313125

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,788

Year Built

  • Built in 1999

Lot Details

  • Lake Front
  • Property fronts a private road
  • Cul-De-Sac
  • Fenced
  • Landscaped
  • Private Lot
  • Level Lot
  • Irrigation Equipment
  • Garden

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Driveway Level

Home Design

  • European Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 6,444 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Ceiling height of 10 feet on the lower level
  • Gas Log Fireplace
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Game Room
  • Wood Flooring
  • Lake Views
  • Attic Fan

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Dual Closets
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Finished Basement

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

Home Security

  • Security System Owned
  • Security Gate
  • Intercom

Outdoor Features

  • Patio
  • Outdoor Gas Grill
  • Front Porch

Schools

  • Oakwood Elementary School
  • West Hall Middle School
  • West Hall High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Septic Tank

Additional Features

  • Accessible Entrance
  • Energy-Efficient Insulation

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 4
  • Assessor Parcel Number 08088 000061

Community Details

Overview

  • Pointe West Subdivision
  • Rental Restrictions

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,788

Year Built

Built in 1999

Lot Details

0

HOA Fees

$63 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: European
  • Property Condition: Resale
  • Year Built: 1999
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Gas Log, Gas Starter, Living Room
  • Number Of Fireplaces: 2
  • Other Equipment: Intercom, Irrigation Equipment
  • Appliances: Dishwasher, Double Oven, Gas Range, Microwave, Refrigerator
  • Interior Amenities: Bookcases, Entrance Foyer 2 Story, High Ceilings 10 ft Lower, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, His and Hers Closets, Walk-In Closet(s), Wet Bar
  • Basement: Bath/Stubbed, Daylight, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Room, Cabinets Stain, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Game Room, Great Room - 1 Story, Living Room, Office
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 6444.00

Beds/Baths

  • Total Bedrooms: 6
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 1
  • Main Bedrooms: 2
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Bidet, Double Vanity, Separate Tub/Shower, Vaulted Ceilings

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition, Ridge Vents
  • Fencing: Fenced
  • Patio And Porch Features: Front Porch, Patio
  • Exterior Features: Garden, Gas Grill
  • View: Lake

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Attached, Garage, Garage Faces Side, Kitchen Level, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security Gate, Security System Owned
  • Cooling: Attic Fan, Central Air
  • Heating: Natural Gas
  • Laundry Features: In Kitchen, Laundry Room

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Gated, Homeowners Assoc, Pool, Street Lights
  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: Pointe West

Schools

  • Elementary School: Oakwood
  • Middle School: West Hall
  • High School: West Hall

Lot Info

  • Lot: 4
  • Land/Lot: 88
  • Deed Book: 2486
  • Deed Page: 34
  • Plat Book: 479
  • Plat Page: 122A
  • Lot Features: Cul-De-Sac, Landscaped, Level, Private
  • Lot Dimensions: unknown
  • Parcel Number: 08088 000061
  • Property Attached Yn: No

Green Features

  • Efficiency: Insulation

Tax Info

  • Taxes: 1788.00
  • Assessor Parcel Number: 08-00088-00-061
  • Close Date: 2016-07-18
  • Tax Year: 2014

Multi Family

  • Waterfront Features: Lake

MLS Schools

  • Elementary School: Oakwood
  • High School: West Hall
  • Middle School: West Hall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2015
Closed on
Jul 18, 2016
Sold by
Riley Gary & Georgine Trust
Bought by
Talbot Revoc Trust
Seller's Agent
Judy Presley
Keller Williams Lanier Partners
Buyer's Agent
Elizabeth Ryan
HomeSmart
List Price
$595,000
Sold Price
$490,000
Premium/Discount to List
-$105,000
-17.65%
Current Estimated Value
$1,017,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$527,111
Avg. Annual Appreciation
8.21%

Purchase Details

Closed on
Dec 30, 1997
Sold by
Clark & Cheek Llc
Bought by
Riley Gary L and Riley - Trustee Georgine M
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
Talbot Revoc Trust $490,000 --
Riley Gary L $85,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2016 07/18/16 Sold $490,000 -17.6% $76 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $595,000 +21.4% $92 / Sq Ft
04/19/2016 04/19/16 Off Market $490,000 -- --
03/22/2016 03/22/16 Price Changed $595,000 -6.3% $92 / Sq Ft
02/09/2016 02/09/16 For Sale $635,000 0.0% $99 / Sq Ft
02/03/2016 02/03/16 Pending -- -- --
01/13/2016 01/13/16 Price Changed $635,000 -5.9% $99 / Sq Ft
10/23/2015 10/23/15 For Sale $675,000 -- $105 / 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 $3,082 $365,480 $59,120 $306,360
2023 $2,901 $356,080 $59,120 $296,960
2022 $2,867 $306,920 $54,080 $252,840
2021 $2,482 $253,600 $27,040 $226,560
2020 $2,443 $243,840 $27,040 $216,800
2019 $2,443 $237,920 $27,800 $210,120
2018 $6,679 $232,960 $25,720 $207,240
2017 $5,633 $216,640 $25,720 $190,920
2016 $1,759 $191,520 $25,720 $165,800
2015 $1,788 $195,204 $28,160 $167,044
2014 $1,788 $195,204 $28,160 $167,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5610864

First Multiple Listing Service (FMLS)

APN: 08-00088-00-061