NOT LISTED FOR SALE

7123 Lake Edge Dr Flowery Branch, GA 30542

Sterling on the Lake Neighborhood

Estimated Value: $653,087 - $754,000

5 Beds
4 Baths
3,158 Sq Ft
$225/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $678,900 $215 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,487/month

8 Days on Market

Highlights

  • Fitness Center
  • New Construction
  • Craftsman Architecture
  • Cherokee Bluff High School Rated A-
  • Lake View
  • Community Lake

About This Home

As of August 2022

Our popular Tuscany floor plan - 5BD/4BA on an unfinished basement and on a lake lot. Includes guest bedroom and full bath on 1st floor. In addition to our high level of standard features this home also includes the following upgrades/options: shiplap to kitchen island, wood vent hood over 5 burner 36" gas cooktop, built-in double ovens and microwave, Mazi farmhouse sink, quartz counter tops, trash can pull out, built-in cabinets on each side of stone fireplace with cedar mantle, quartz counter tops in the master bath, free standing tub in master bath w/hand sprayer wand. This is our final home in Sterling on the Lake and will be completed and available to close in mid July 2022. The builder incentive is $5000 towards CC with our preferred lender, Jeff Ruehman, Ameris Bank

Last Agent to Sell the Property

Jeffrey Barnes

Atlantic States Realty LLC License #242307 Listed on: 06/20/2022

Last Buyer's Agent

Amy Scott

Chris McCall Realty License #400118

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,516

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 6,970 Sq Ft Lot
  • Sprinkler System
  • Partially Wooded Lot
  • Grass Covered Lot

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Composition Roof
  • Concrete Siding
  • Stone Siding
  • Stone

Interior Spaces

  • 3,158 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Breakfast Room
  • Formal Dining Room
  • Loft
  • Bonus Room
  • Screened Porch
  • Lake Views

Kitchen

  • Breakfast Bar
  • Built-In Double Convection Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Basement

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

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Garage Door Opener

Location

  • Property is near schools

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • Gas Water Heater
  • Phone Available

Listing and Financial Details

  • Legal Lot and Block 26 / LM

Community Details

Overview

  • $1,200 Initiation Fee
  • Association fees include swimming, tennis
  • Sterling On The Lake Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,516

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • District: 1
  • Section: 1
  • Year Built: 2022
  • ArchitecturalStyle: Craftsman, Traditional
  • Electric: 220 Volts
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .16
  • Other Sturctures: Other
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 3158
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Convection Oven, Cooktop, Dishwasher, Double Oven, Disposal, Microwave, Oven (Wall)
  • Bedrooms: 5
  • Dining Room Features: Separate Room
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Full
  • Total Finished Sq Ft: 3158
  • Above Grade Finished Sq Ft: 3158
  • Interior Amenities: Bookcases, High Ceilings, Walk-In Closet(s)
  • Full Bathrooms: 4
  • Fireplace Features: Factory Built, Gas Log
  • Flooring: Hardwood, Tile, Carpet
  • Kitchen Features: Breakfast Bar, Breakfast Room, Kitchen Island, Solid Surface Counters
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 216.561

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Bedroom Main Level: 1

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Concrete, Stone
  • ExteriorFeatures: Sprinkler System
  • Fencing: Other
  • Lot Features: Other
  • Patio And Porch Features: Screened
  • Property Condition: New Construction
  • Roof: Composition
  • View: Lake
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage
  • ParkingTotal: 2

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Central
  • Laundry Features: Upper Level
  • Security Features: Smoke Detector(s), Security System
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 1200
  • Association: Yes
  • Community Features: Clubhouse, Lake, Fitness Center, Playground, Pool, Sidewalks, Swim Team, Tennis Court(s), Walk To Schools

Fee Information

  • Initiation Fee: 1200
  • Association Fee Includes: Swimming, Tennis

Schools

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

Lot Info

  • Land Lot: 1
  • Lot: 26
  • Plat Book: 1
  • Plat Page: 1

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Aug 1, 2022
Sold by
Vanderbilt Homes Llc
Bought by
Carow Michael and Carow Dana
Seller's Agent
Jeffrey Barnes
Atlantic States Realty LLC
Buyer's Agent
Amy Scott
Chris McCall Realty
List Price
$683,900
Sold Price
$678,900
Premium/Discount to List
-$5,000
-0.73%
Current Estimated Value
$709,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,622
Avg. Annual Appreciation
1.40%
Original Mortgage
$703,340
Outstanding Balance
$673,430
Interest Rate
5.7%
Mortgage Type
VA
Estimated Equity
$36,092
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
Carow Michael $678,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carow Michael $703,340
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $678,900 -0.7% $215 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $683,900 -- $217 / 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 $7,516 $266,720 $34,360 $232,360
2023 $6,314 $251,600 $34,360 $217,240
2022 $2,398 $91,720 $25,760 $65,960
2021 $427 $16,040 $16,040 $0
2020 $408 $14,880 $14,880 $0
2019 $485 $17,520 $17,520 $0
2018 $735 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jeffrey Barnes

    Atlantic States Realty LLC

    (770) 403-1155

    6 in this area

    48 Total Sales

    Jeffrey Barnes
    Section Image
  • Amy Scott

    Buyer's Agent in 2022

    Amy Scott

    Chris McCall Realty

    (678) 725-4287

    4 in this area

    72 Total Sales

    Amy Scott
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10062164

Georgia MLS

APN: 15-0047M-00-026

Georgia Hall County Flowery Branch 30542 Sterling on the Lake

7123 Lake Edge Dr, Flowery Branch, GA

This home is located at 7123 Lake Edge Dr, Flowery Branch, GA 30542 since 20 June 2022 and is currently estimated at $709,522, approximately $224 per square foot. This property was built in 2022. 7123 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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