NOT LISTED FOR SALE

7128 Lake Edge Dr Flowery Branch, GA 30542

Sterling on the Lake Neighborhood

Estimated Value: $513,410 - $669,000

4 Beds
3 Baths
2,776 Sq Ft
$212/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $380,000 $137 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,698/month

Highlights

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

About This Home

As of May 2020

READY NOW! The Dalton Plan built by Tipton Homebuilders. 4 Bedroom/3 bath main level kitchen open to living room, granite counter tops, separate dining/study. Large loft to enjoy with family and friends and covered patio. Great school district, close to Mall of GA, restaurants and 985. This neighborhood has all the amenities, pools, tennis courts, lake, exercise room, movie theater and much more. Ready now!

Last Agent to Sell the Property

Casey Wood

Hill Wood Realty, LLC. Listed on: 04/16/2020

Co-Listed By

Melissa Reed

Piedmont Residential Realty, LLC. License #281304

Last Buyer's Agent

Mutzy Parra

Virtual Properties Realty.com License #381510

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,840

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 7,405 Sq Ft Lot
  • Property fronts a private road
  • Private Entrance
  • Landscaped
  • Level Lot
  • Front Yard

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 2,776 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Private Rear Entry
  • Family Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Loft
  • Security Gate

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • 220 Volts In Laundry

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 110 Volts
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 38
  • Assessor Parcel Number 15047M000038

Community Details

Overview

  • $1,200 Initiation Fee
  • Newland Communities Association, Phone Number (770) 967-9777
  • Sterling On The Lake Subdivision
  • Rental Restrictions
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Swim or tennis dues are required
  • Swim Team
  • Fitness Center
  • Community Pool
  • Fishing
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,840

Year Built

Built in 2019 | 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: Craftsman, Traditional
  • Property Condition: New Construction
  • Year Built: 2019
  • Levels Stories: Two
  • Special Features: NewHome

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Microwave
  • Interior Amenities: High Ceilings 9 ft Main, High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets White, Eat-in Kitchen, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Loft
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2776.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Main Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Covered, Patio, Rear Porch
  • Exterior Features: Private Front Entry, Private Rear Entry

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security Gate
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities
  • Electric: 110 Volts, 220 Volts in Laundry

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Fishing, Fitness Center, Homeowners Assoc, Lake, Park, Playground, Pool, Street Lights, Swim Team, Tennis Court(s)
  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Hoa Contact Phone: 770-967-9777
  • Home Warranty: Yes
  • Management Phone: 770-967-9777
  • Subdivision Complex: Sterling On The Lake

Association/Amenities

  • Management Company: Newland Communities

Lot Info

  • Acres: 0.1700
  • Lot: 38
  • Lot Features: Front Yard, Landscaped, Level
  • Parcel Number: 15047M000038
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 1200

Tax Info

  • Tax Year: 2018

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
Apr 16, 2020
Closed on
May 26, 2020
Sold by
Tipton Home Builders Llc
Bought by
Warner Dustin Paul
Seller's Agent
Casey Wood
Hill Wood Realty, LLC.
Buyer's Agent
Mutzy Parra
Virtual Properties Realty.com
List Price
$380,455
Sold Price
$380,000
Premium/Discount to List
-$455
-0.12%
Current Estimated Value
$589,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,103
Avg. Annual Appreciation
8.30%
Original Mortgage
$285,000
Outstanding Balance
$252,631
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$336,472

Purchase Details

Closed on
Jun 28, 2019
Sold by
Nnp Looper Lake Llc
Bought by
Tipton Home Builders Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Warner Dustin Paul $380,000 --
Tipton Home Builders Llc $401,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warner Dustin Paul $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2020 05/28/20 Sold $380,000 -0.1% $137 / Sq Ft
04/16/2020 04/16/20 For Sale $380,455 -- $137 / 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 $5,840 $205,920 $30,680 $175,240
2023 $4,942 $196,920 $30,680 $166,240
2022 $4,470 $170,960 $23,000 $147,960
2021 $3,672 $137,840 $16,880 $120,960
2020 $3,488 $127,200 $15,640 $111,560
2019 $433 $15,640 $15,640 $0
2018 $686 $24,000 $24,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Casey Wood

    Seller's Agent in 2020

    Casey Wood

    Hill Wood Realty, LLC.

    (770) 822-2499

    2 in this area

    122 Total Sales

    Casey Wood
    Section Image
  • Melissa Reed

    Seller Co-Listing Agent in 2020

    Melissa Reed

    Piedmont Residential Realty, LLC.

    (678) 371-6549

    34 Total Sales

    Melissa Reed
    Section Image
  • Mutzy Parra

    Buyer's Agent in 2020

    Mutzy Parra

    Virtual Properties Realty.com

    (404) 407-0358

    1 in this area

    118 Total Sales

    Mutzy Parra
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6710806

First Multiple Listing Service (FMLS)

APN: 15-0047M-00-038

Georgia Hall County Flowery Branch 30542 Sterling on the Lake

7128 Lake Edge Dr, Flowery Branch, GA

Not Listed for Sale

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