NOT LISTED FOR SALE

7103 Lake Edge Dr Flowery Branch, GA 30542

Sterling on the Lake Neighborhood

Estimated Value: $687,000 - $837,000

4 Beds
3.5 Baths
3,150 Sq Ft
$239/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $520,100 $165 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,476/month

Highlights

  • Fitness Center
  • Home Theater
  • Separate his and hers bathrooms
  • Cherokee Bluff High School Rated A-
  • New Construction
  • Lake View

About This Home

As of June 2020

The Enclave - Our popular Buena Vista floor plan with master-on-the-main! 4BD/3.5BA home with large media/bonus room up on an amazing home site with lake views. Includes granite kitchen island and stainless-steel appliances. Large screened deck on a lot with wooded and lake views. This home will be completed in April/May 2020. Resort-style amenities including swim/tennis, tree house, playground, and lake access. Now offering $5,000 toward closing costs with builder’s preferred lender.

Last Agent to Sell the Property

Jeffrey Barnes

Atlantic States Realty, LLC. License #242307 Listed on: 01/06/2020

Last Buyer's Agent

Geri Allen

NOT A VALID MEMBER License #393188

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,639

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 75x130
  • Landscaped
  • Irrigation Equipment

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Ridge Vents on the Roof
  • Composition Roof
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 3,150 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the lower level
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Theater
  • Bonus Room
  • Screened Porch
  • Lake Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Unfinished Basement

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

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 31 / LM
  • Assessor Parcel Number 15047M000014

Community Details

Overview

  • $1,200 Initiation Fee
  • Sterling On The Lake Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Swim Team
  • Fitness Center
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,639

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: New Construction
  • Year Built: 2020
  • Levels Stories: Two
  • Special Features: NewHome

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log, Glass Doors
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Electric Range, Gas Range, Gas Water Heater
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Lower, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Full, Unfinished
  • Kitchen Features: Cabinets Other, Eat-in Kitchen, Kitchen Island, Pantry, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Great Room - 1 Story, Media Room
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 3150.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Cement Siding, Stone
  • Roof Type: Composition, Ridge Vents, Shingle
  • Patio And Porch Features: Deck, Front Porch, Patio, Screened
  • View: Lake

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Electricity Available, Natural Gas Available, Underground Utilities
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Fitness Center, Homeowners Assoc, Lake, Park, Playground, Pool, Sidewalks, Street Lights, Swim Team, Tennis Court(s)
  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: Sterling on the Lake

Schools

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

Lot Info

  • Acres: 0.3000
  • Lot: 31
  • Lot Features: Landscaped
  • Lot Dimensions: 75x130
  • Parcel Number: 15047M000014
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances, Windows
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 1200

Tax Info

  • Taxes: 1.00
  • Close Date: 2020-06-15
  • Tax Year: 2020

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Spout Springs
  • High School: Flowery Branch
  • Middle School: C.W. Davis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Jun 15, 2020
Sold by
Vanderbilt Homes Llc
Bought by
Randolph Veronica
Seller's Agent
Jeffrey Barnes
Atlantic States Realty, LLC.
Buyer's Agent
Geri Allen
NOT A VALID MEMBER
List Price
$510,100
Sold Price
$520,100
Premium/Discount to List
$10,000
1.96%
Current Estimated Value
$752,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,444
Avg. Annual Appreciation
7.22%
Original Mortgage
$495,100
Outstanding Balance
$438,868
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$313,676
Source: Public Records

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
Randolph Veronica $520,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Randolph Veronica $495,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $520,100 -1.0% $165 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
04/02/2020 04/02/20 Price Changed $525,100 +2.9% $167 / Sq Ft
01/06/2020 01/06/20 For Sale $510,100 -- $162 / 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 $4,639 $280,600 $60,720 $219,880
2023 $3,893 $281,720 $60,720 $221,000
2022 $3,494 $235,400 $45,520 $189,880
2021 $2,726 $203,240 $33,200 $170,040
2020 $2,668 $97,320 $30,680 $66,640
2019 $849 $30,680 $30,680 $0
2018 $857 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jeffrey Barnes

    Atlantic States Realty, LLC.

    (770) 403-1155

    6 in this area

    48 Total Sales

    Jeffrey Barnes
    Section Image

  • G

    Buyer's Agent in 2020

    Geri Allen

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6662866

First Multiple Listing Service (FMLS)

APN: 15-0047M-00-031

Georgia Hall County Flowery Branch 30542 Sterling on the Lake

7103 Lake Edge Dr, Flowery Branch, GA

This home is located at 7103 Lake Edge Dr, Flowery Branch, GA 30542 since 06 January 2020 and is currently estimated at $752,544, approximately $238 per square foot. This property was built in 2020. 7103 Lake Edge Dr is a home located in Hall County with nearby schools including Spout Springs Elementary School, Cherokee Bluff Middle School, and Cherokee Bluff High School.

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