NOT LISTED FOR SALE

Estimated Value: $1,014,000 - $1,187,000

5 Beds
6.5 Baths
6,684 Sq Ft
$162/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $520,000 $78 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $6,999/month

59 Days on Market

Highlights

  • Marina
  • Lake Front
  • Separate his and hers bathrooms
  • Chattahoochee Elementary School Rated A
  • Fishing
  • Sitting Area In Primary Bedroom

About This Home

As of November 2018

Buyers financing fell through! This gorgeous St Michael's Bay home has NEW INTERIOR PAINT, NEW CARPET, REFINISHED HARDWOODS THROUGHOUT! This home features grandscale rooms- family, keeping and dining, & living rms. This home has one of the largest kitchens/islands ever seen. Custom kitchen cabinets, stainless appliances- including espresso machine! Huge master suite, bath, closet space. Bedroom on main level.All bdrms have private bath. Basement partially finished. 3 car garage, 3 fireplaces! Fabulous amenities, all surrounded by Lake Lanier! Enjoy the good life! Hurry!

Last Listed By

Home With Sherry Team

Compass Listed on: 08/10/2018

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,872

Year Built

  • Built in 2007

Lot Details

  • 0.72 Acre Lot
  • Lake Front
  • Level Lot

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Driveway Level

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 6,684 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Second Story Great Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Office
  • Keeping Room with Fireplace
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Basement

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

Accessible Home Design

  • Accessible Entrance

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Coal Mountain Elementary School
  • Little Mill Middle School
  • North Forsyth High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 549
  • Assessor Parcel Number 270 317

Community Details

Overview

  • $1,000 Initiation Fee
  • St Michaels Bay Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Marina
  • Tennis Courts
  • Community Playground
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,872

Year Built

Built in 2007

Lot Details

0

HOA Fees

$92 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Traditional
  • Property Condition: Resale
  • Year Built: 2007
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Gas Starter, Keeping Room, Master Bedroom
  • Number Of Fireplaces: 3
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Bookcases, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Full
  • Kitchen Features: Breakfast Bar, Cabinets White, Eat-in Kitchen, Keeping Room, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Great Room - 2 Story, Office
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 6684.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Sitting Room
  • Main Bedrooms: 1
  • Total Full Baths: 6
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Separate Tub/Shower

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Garage, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Community Features: Clubhouse, Fishing, Homeowners Assoc, Lake, Marina, Playground, Tennis Court(s)
  • Association Fee: 1100
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: ST MICHAELS BAY

Schools

  • Elementary School: Coal Mountain
  • Middle School: Little Mill
  • High School: North Forsyth

Lot Info

  • Acres: 0.7200
  • Lot: 549
  • Land/Lot: 0646
  • Section G M D: 01
  • Plat Book: 66
  • Plat Page: 124
  • Lot Features: Level
  • Lot Dimensions: .72
  • Parcel Number: 270 317
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Insulation, Windows

Rental Info

  • Initiation Fee: 1000

Tax Info

  • Taxes: 5872.00
  • Assessor Parcel Number: 270-000-317
  • Close Date: 2018-11-16
  • Tax Year: 2017

Multi Family

  • Waterfront Features: Lake

MLS Schools

  • Elementary School: Coal Mountain
  • High School: North Forsyth
  • Middle School: Little Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Nov 16, 2018
Sold by
Knights John F
Bought by
Knights John F and Knights Lisa Beth
Seller's Agent
Home With Sherry Team
Compass
Buyer's Agent
Stacy Easley
Harry Norman Realtors
List Price
$529,000
Sold Price
$520,000
Premium/Discount to List
-$9,000
-1.7%
Total Days on Market
59
Current Estimated Value
$1,086,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$566,120
Avg. Annual Appreciation
12.28%
Original Mortgage
$416,000
Outstanding Balance
$368,781
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$739,335

Purchase Details

Closed on
Oct 30, 2008
Sold by
Suntrust Bk
Bought by
Peachtree Residl Props Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2007
Sold by
St Michaels Bay Partnes
Bought by
Peach Residential Properties I

Range of Values:

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Average Value
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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
Knights John F -- --
Knights John F $520,000 --
Peachtree Residl Props Inc -- --
Rainey Phillip W $610,000 --
Peach Residential Properties I $206,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knights John F $250,000
Open Knights John F $416,000
Closed Knights John F $416,000
Previous Owner Rainey Mary L $417,000
Previous Owner Rainey Phillip W $510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $520,000 -1.7% $78 / Sq Ft
10/08/2018 10/08/18 Pending -- -- --
10/08/2018 10/08/18 For Sale $529,000 0.0% $79 / Sq Ft
10/01/2018 10/01/18 Pending -- -- --
09/05/2018 09/05/18 Price Changed $529,000 -1.9% $79 / Sq Ft
08/30/2018 08/30/18 Price Changed $539,000 -1.8% $81 / Sq Ft
08/16/2018 08/16/18 Price Changed $549,000 -1.6% $82 / Sq Ft
08/10/2018 08/10/18 For Sale $558,000 -- $83 / 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 $9,939 $405,324 $85,000 $320,324
2023 $7,557 $307,028 $40,000 $267,028
2022 $6,940 $228,376 $40,000 $188,376
2021 $6,306 $228,376 $40,000 $188,376
2020 $6,339 $229,556 $30,000 $199,556
2019 $6,289 $227,416 $30,000 $197,416
2018 $5,640 $213,236 $30,000 $183,236
2017 $5,872 $223,172 $30,000 $193,172
2016 $5,956 $227,172 $34,000 $193,172
2015 $5,161 $189,132 $28,000 $161,132
2014 $4,504 $173,432 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6054934

First Multiple Listing Service (FMLS)

APN: 270-317