NOT LISTED FOR SALE

5861 Terrace Bend Way Peachtree Corners, GA 30092

Estimated Value: $564,596 - $636,000

4 Beds
2.5 Baths
2,417 Sq Ft
$248/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $550,000 $228 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,146/month

28 Days on Market

Highlights

  • Open-Concept Dining Room
  • Separate his and hers bathrooms
  • Property is near public transit
  • Pinckneyville Middle School Rated A-
  • Gated Community
  • Double Shower

About This Home

As of March 2023

Luxurious three-story town home in pristine condition located in desirable gated community in Peachtree Corners just minutes from 285-85 freeway. Tons of natural light 4 bedroom and 3.5 bath has many upgrades throughout the home. All hardwood floors throughout the house, except two bedrooms upstairs. Upgraded chef kitchen has five burners, gas stove with overhead vent, large oven with built in microwave, all stainless-steel appliances, walk in pantry, granite counter tops and built-in custom cabinet pull outs providing easy access. Large dining room with capacity up to 12 people, great for entertaining. Stylish living room with tiled gas log fireplace. Custom built bar with glass cabinets, wine rack, mirrored shelves, granite countertop and a built-in wine-beer cooler. One bedroom downstairs with full bath, great for guest or in laws. Upstairs has three bedrooms with two full baths. Master bath has granite double vanity, extra-large dual shower, private toilet, and a generous walk-in closet. Large deck over garage with enough space for grilling and entertaining. Spacious two car garage with extra storage and professionally installed epoxy floor. Upgraded security system, with front and rear cameras and wireless app for remote monitoring.

Last Agent to Sell the Property

Maria Addison

Chapman Hall Realtors Atlanta North License #366419 Listed on: 01/04/2023

Chapman Hall Realtors Atlanta North

Last Buyer's Agent

Temitope Eka

Chapman Hall Premier, REALTORS License #304691

Chapman Hall Premier, REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,164

Year Built

  • Built in 2019

Lot Details

  • 1,742 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard Fenced

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,417 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Living Room with Fireplace
  • Open-Concept Dining Room
  • Home Office
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • White Kitchen Cabinets
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Separate his and hers bathrooms
  • Double Vanity
  • Double Shower
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Security System Owned
  • Security Gate

Location

  • Property is near public transit
  • Property is walking distance to MARTA
  • Property is near shops

Schools

  • Peachtree Elementary School
  • Pinckneyville Middle School
  • Norcross High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Rear Porch

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 3
  • Assessor Parcel Number R6284 322

Community Details

Overview

  • Beacon Management Services Association, Phone Number (404) 907-2112
  • Secondary HOA Phone (404) 907-2112
  • Terrace At Peachtree Corners Subdivision
  • Rental Restrictions

Recreation

  • Community Pool

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,164

Year Built

Built in 2019

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse
  • Property Condition: Resale
  • Year Built: 2019
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Gas Log, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity, High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets White, Kitchen Island, Pantry, Pantry Walk-In, View to Family Room, Wine Rack
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Office
  • Dining Room Features: Open Concept
  • Square Footage: 2417.00
  • Spa Features: None
  • Window Features: Double Panes, Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Lower Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Shower, Separate His/Hers, Shower Only

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Fencing: Fenced, Front Yard
  • Patio And Porch Features: Rear Porch
  • Foundation: Slab

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Rear

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Fire Alarm, Security Gate, Security System Owned
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Electric: Other

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Reserve Fund, Security, Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Gated, Homeowners Assoc, Near Marta, Near Shopping, Pool, Public Transportation, Sidewalks, Street Lights
  • Association Fee: 200
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Hoa Contact Phone: 404-907-2112
  • Home Warranty: Yes
  • Management Company Email: customerservice@beaconmanagementservices.com
  • Management Phone: 404-907-2112
  • Subdivision Complex: Terrace at Peachtree Corners

Association/Amenities

  • Management Company: Beacon Management Services

Schools

  • Elementary School: Peachtree
  • Middle School: Pinckneyville
  • High School: Norcross

Lot Info

  • Acres: 0.0400
  • Lot: 3
  • Deed Book: 57105
  • Deed Page: 783
  • Parcel Number: R6284 322
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Windows
  • Green Energy Generation: None

Tax Info

  • Taxes: 6164.00
  • Assessor Parcel Number: R6284-322
  • Close Date: 2023-03-03
  • Tax Year: 2022

MLS Schools

  • Elementary School: Peachtree
  • High School: Norcross
  • Middle School: Pinckneyville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2023
Closed on
Mar 3, 2023
Sold by
Brian Lau And Maria Addison Living Trust
Bought by
Awe Oluwasanya
Seller's Agent
Maria Addison
Chapman Hall Realtors Atlanta North
Buyer's Agent
Temitope Eka
Chapman Hall Premier, REALTORS
List Price
$565,000
Sold Price
$550,000
Premium/Discount to List
-$15,000
-2.65%
Views
67
Current Estimated Value
$598,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,386
Avg. Annual Appreciation
3.45%
Original Mortgage
$440,000
Outstanding Balance
$427,082
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$170,022

Purchase Details

Closed on
Dec 18, 2020
Sold by
Lau Brian Allen
Bought by
Brian Lau & Maria Addison Liv Tr

Purchase Details

Closed on
Dec 9, 2019
Sold by
Taylor Morrison Of Georgia Llc
Bought by
Lau Brian Allen and Addison Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,064
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Awe Oluwasanya $550,000 --
Brian Lau & Maria Addison Liv Tr -- --
Lau Brian Allen $388,960 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Awe Oluwasanya $440,000
Previous Owner The Brian Lau And Maria Addiso $864,500
Previous Owner Lau Brian Allen $350,064
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $550,000 -2.7% $228 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
01/04/2023 01/04/23 For Sale $565,000 -- $234 / 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
2023 $7,703 $219,240 $33,600 $185,640
2022 $6,164 $189,280 $28,240 $161,040
2021 $5,818 $167,240 $33,240 $134,000
2020 $5,820 $155,520 $24,000 $131,520
2019 $819 $21,600 $21,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Maria Addison

    Seller's Agent in 2023

    Maria Addison

    Chapman Hall Realtors Atlanta North

    (404) 433-5255

    1 in this area

    68 Total Sales

    Section Image
  • Temitope Eka

    Buyer's Agent in 2023

    Temitope Eka

    Chapman Hall Premier, REALTORS

    (678) 612-3976

    1 in this area

    47 Total Sales

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7157894

First Multiple Listing Service (FMLS)

APN: 6-284-322

Georgia Gwinnett County Peachtree Corners 30092

5861 Terrace Bend Way, Peachtree Corners, GA

This home is located at 5861 Terrace Bend Way, Peachtree Corners, GA 30092 since 04 January 2023 and is currently estimated at $598,399, approximately $247 per square foot. This property was built in 2019. 5861 Terrace Bend Way is a home located in Gwinnett County with nearby schools including Peachtree Elementary School, Pinckneyville Middle School, and Paul Duke STEM High School.

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