NOT LISTED FOR SALE

5630 Silk Oak Way Sugar Hill, GA 30518

Estimated Value: $462,000 - $534,000

4 Beds
2 Baths
2,910 Sq Ft
$171/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $375,000 $129 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,097/month

14 Days on Market

Highlights

  • 1.5-Story Property
  • Main Floor Primary Bedroom
  • High Ceiling
  • Sugar Hill Elementary School Rated A
  • Bonus Room
  • Tennis Courts

About This Home

As of March 2023

WAIT-I GET A HOME IN THIS NEIGHBORHOOD IN THE High 300s??? Most of the homes in this community have sold for between $455-525 range. This home requires some repairs and would be perfect for Investor’s or a Buyer that would like to add some TLC and build instant equity! Exterior needs some love and the interior needs cosmetic updates. Clear termite letter provided under documents. Please text Listing Agent with any questions. If we show your buyer, seller contractually agrees to pay selling broker commission of 1%

Last Agent to Sell the Property

CHRISTIE L WILKINS

Keller Williams Realty Atl. Partners Brokerage Phone: 4702389765 License #174652 Listed on: 01/27/2023

Keller Williams Realty Atl. Partners

Last Buyer's Agent

Eileen Hill

Keller Williams Realty Atl. Partners License #373515

Keller Williams Realty Atl. Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,716

Year Built

  • Built in 1998

Lot Details

  • 0.35

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • 1.5-Story Property
  • Slab Foundation
  • Composition Roof
  • Concrete Siding
  • Brick Front

Interior Spaces

  • 2,910 Sq Ft Home
  • High Ceiling
  • Double Pane Windows
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Laundry in Hall

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Home Security

  • Intercom
  • Fire and Smoke Detector

Parking

  • Garage
  • Side or Rear Entrance to Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • 0.35 Acre Lot

Community Details

Overview

  • $450 Initiation Fee
  • Association fees include ground maintenance, swimming, tennis
  • Arbor Close Subdivision

Recreation

  • Tennis Courts
  • Swim Team

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,716

Year Built

Built in 1998

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • ArchitecturalStyle: Brick Front, Ranch
  • Financing Type: Cash
  • Levels: One and One Half
  • Lot Size Acres: .35
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2910
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Bedrooms: 4
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: None
  • Total Finished Sq Ft: 2910
  • Above Grade Finished Sq Ft: 2910
  • Interior Amenities: High Ceilings, Master On Main Level
  • Full Bathrooms: 2
  • Fireplace Features: Family Room
  • Flooring: Tile, Carpet, Laminate
  • Kitchen Features: Kitchen Island
  • Other Equipment: Intercom
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 128.865

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Concrete, Brick
  • Foundation Details: Slab
  • Lot Features: Other
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Garage, Side/Rear Entrance

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: In Hall
  • Security Features: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 450
  • Association: Yes
  • Community Features: Swim Team, Tennis Court(s)

Fee Information

  • Initiation Fee: 450
  • Association Fee Includes: Maintenance Grounds, Swimming, Tennis

Schools

  • Elementary School: Sugar Hill
  • High School: Lanier
  • High School Bus: Yes
  • Middle School: Lanier
  • Middle School Bus: Yes
  • Elementary School: Sugar Hill
  • Middle School: Lanier
  • High School: Lanier

Lot Info

  • Deed Book: 55071
  • Deed Page: 50

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4716

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2023
Closed on
Mar 10, 2023
Sold by
Willett Cleve Alon
Bought by
Patel Arvind and Patel Bharti
Seller's Agent
CHRISTIE L WILKINS
Keller Williams Realty Atl. Partners
Buyer's Agent
Eileen Hill
Keller Williams Realty Atl. Partners
List Price
$415,000
Sold Price
$375,000
Premium/Discount to List
-$40,000
-9.64%
Views
175
Current Estimated Value
$498,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,232
Avg. Annual Appreciation
11.74%

Purchase Details

Closed on
Apr 18, 2017
Sold by
Nicholson Dwight
Bought by
Willett Cleve Alon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,250
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 1999
Sold by
Herman & Jones Inc
Bought by
Nicholson Dwight

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
6.74%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Patel Arvind $375,000 --
Willett Cleve Alon $207,000 --
Nicholson Dwight $191,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Willett Cleve Alon $203,250
Previous Owner Nicholson Dwight $185,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $375,000 -3.6% $129 / Sq Ft
02/11/2023 02/11/23 Pending -- -- --
02/10/2023 02/10/23 Price Changed $389,000 -6.3% $134 / Sq Ft
01/27/2023 01/27/23 For Sale $415,000 -- $143 / 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 $5,018 $150,000 $38,000 $112,000
2023 $5,018 $200,520 $38,000 $162,520
2022 $4,716 $162,920 $26,000 $136,920
2021 $3,706 $129,800 $22,800 $107,000
2020 $4,711 $129,800 $22,800 $107,000
2019 $3,035 $82,800 $20,400 $62,400
2018 $3,047 $82,800 $20,400 $62,400
2016 $3,322 $98,440 $20,400 $78,040
2015 $3,352 $98,440 $20,400 $78,040
2014 $3,368 $98,440 $20,400 $78,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10125135

Georgia MLS

APN: 7-320-182