NOT LISTED FOR SALE

Estimated Value: $432,668 - $481,000

5 Beds
3 Baths
2,482 Sq Ft
$185/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $400,000 $161 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,018/month

114 Days on Market

Highlights

  • Fitness Center
  • Community Lake
  • Loft
  • Cherokee Bluff High School Rated A-
  • Wood Flooring
  • Corner Lot

About This Home

As of April 2023

Beautiful 5 bedroom, 3 bath home only two years old! One of those bedrooms on the main floor with the other 4 and the laundry room upstairs. Fully appointed kitchen with stainless steel appliances and a gas range. And all accentuated with granite countertops and a large island. Great corner lot with a fenced in yard. Then to top off the fantastic home you are surrounded by an amazing community. Sterling on the Lake has 4 pools, 8 tennis courts, 6 pickleball courts, walking trails, fitness center and of course, the lake. All just minutes from 985, The Mall of Georgia and more. This home is corporate owned and there are rental restrictions. It is being SOLD AS-IS and needs to be closed with OKelley and Sorohan closing attorneys.

Last Listed By

Hylos Barrett

Coldwell Banker Realty License #363616 Listed on: 11/15/2022

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,290

Year Built

  • Built in 2020

Lot Details

  • 5,227 Sq Ft Lot
  • Back Yard Fenced
  • Corner Lot
  • Level Lot

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,482 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Loft

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Double Vanity
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Parking

  • Garage
  • Garage Door Opener

Schools

  • Spout Springs Elementary School
  • C W Davis Middle School
  • Flowery Branch High School

Utilities

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

Community Details

Overview

  • $1,200 Initiation Fee
  • Association fees include insurance, facilities fee, ground maintenance, management fee, reserve fund, swimming, tennis
  • Sterling On The Lake Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,290

Year Built

Built in 2020

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Financing Type: FHA
  • Levels: Two
  • Lot Size Acres: .12
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2482
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Disposal, Microwave, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 5
  • Basement: None
  • Total Finished Sq Ft: 2482
  • Above Grade Finished Sq Ft: 2482
  • Interior Amenities: Tray Ceiling(s), Double Vanity, Soaking Tub, Separate Shower, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Fireplace Features: Family Room, Factory Built, Gas Starter, Gas Log
  • Flooring: Hardwood, Tile, Carpet
  • Price Per Square Foot: 161.16

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Bedroom Main Level: 1

Exterior Features

  • Construction Materials: Other
  • Fencing: Back Yard
  • Foundation Details: Slab
  • Lot Features: Corner Lot, Level
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage Door Opener, Garage

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Central, Forced Air
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Connected, Electricity Available, High Speed Internet, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 1200
  • Association: Yes
  • Community Features: Lake, Fitness Center, Playground, Pool, Tennis Court(s)

Fee Information

  • Initiation Fee: 1200
  • Association Fee Includes: Insurance, Facilities Fee, Maintenance Grounds, Management Fee, Reserve Fund, Swimming, Tennis

Schools

  • Elementary School: Spout Springs
  • High School: Flowery Branch
  • Middle School: C W Davis
  • Elementary School: Spout Springs
  • Middle School: C W Davis
  • High School: Flowery Branch

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3290.45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Apr 6, 2023
Sold by
Csma Sfr Holdings Ii Lse Llc
Bought by
Coleman Ann
Seller's Agent
Hylos Barrett
Coldwell Banker Realty
Buyer's Agent
Carla VanVliet
Realty East
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Total Days on Market
114
Views
149
Current Estimated Value
$458,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,167
Avg. Annual Appreciation
6.75%
Original Mortgage
$392,755
Outstanding Balance
$383,254
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$74,913

Purchase Details

Closed on
Oct 26, 2022
Sold by
Fkh Sfr Propco K Lp
Bought by
Csma Sfr Holdings Ii Lse Llc

Purchase Details

Listed on
May 10, 2022
Closed on
Jun 21, 2022
Sold by
Wilt Timothy A
Bought by
Fkh Sfr Propco K Lp
Seller's Agent
Audrey Joubert
Harry Norman Realtors
Buyer's Agent
Taylor Rose
Mainstay Brokerage
List Price
$450,000
Sold Price
$467,000
Premium/Discount to List
$17,000
3.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.66%

Purchase Details

Closed on
Apr 3, 2020
Sold by
Dr Horton Inc
Bought by
Wilt Timothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,556
Interest Rate
3.2%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Coleman Ann $400,000 --
Csma Sfr Holdings Ii Lse Llc -- --
Fkh Sfr Propco K Lp $467,000 --
Wilt Timothy A $287,954 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Ann $392,755
Previous Owner Wilt Timothy A $273,556
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $400,000 0.0% $161 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
02/24/2023 02/24/23 Price Changed $400,000 -7.0% $161 / Sq Ft
01/25/2023 01/25/23 Price Changed $430,000 -3.4% $173 / Sq Ft
01/03/2023 01/03/23 Price Changed $445,000 -1.1% $179 / Sq Ft
11/15/2022 11/15/22 For Sale $450,000 -3.6% $181 / Sq Ft
06/21/2022 06/21/22 Sold $467,000 +3.8% $188 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $450,000 -- $181 / 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 $4,537 $161,360 $27,000 $134,360
2023 $4,177 $166,440 $26,000 $140,440
2022 $3,441 $133,520 $26,000 $107,520
2021 $2,929 $111,920 $18,400 $93,520
2020 $2,513 $91,640 $18,400 $73,240
2019 $509 $18,400 $18,400 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Georgia MLS

MLS Number: 20086831

Georgia MLS