NOT LISTED FOR SALE

7146 Lake Edge Dr Flowery Branch, GA 30542

Sterling on the Lake Neighborhood

Estimated Value: $698,575 - $796,000

5 Beds
4.5 Baths
3,482 Sq Ft
$213/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $482,500 $139 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,754/month

93 Days on Market

Highlights

  • Home Theater
  • Lake View
  • Dining Room Seats More Than Twelve
  • Cherokee Bluff High School Rated A-
  • Community Lake
  • Clubhouse

About This Home

As of November 2020

Sterling on the Lake lifestyle at its finest! Welcome Home to this GORGEOUS MOVE-IN-READY 2- story 5BD/4.5BA with media room and 3-car garage! Hardwood floors on main. Includes oversized granite kitchen island with seating, white shaker-style cabinetry, butler’s pantry, and stainless-steel appliances. Open concept views between kitchen and family room. Great guest bedroom on main. Spacious laundry room with additional cabinetry and shelving for storage. Ceiling fans in all bedrooms and in other major rooms. Generous backyard great for entertaining. Enjoy relaxing under the covered back porch in the hot tub! From the backyard, a short walk down to the lake. The yard has been newly updated with new sod in the back. Irrigation system with timers. One of a kind community with resort-style amenities include private lake access, fishing, kayaking, trails, swim in multiple pools, tennis courts, movie theater, 24-hour fitness center, clubhouse, treehouse, playground, café, library, and enjoy amazing community events. Home is located close to Lake Lanier, easy access to both I-985, shopping, dining, and parks! Come see it today and make it YOUR home.

Last Agent to Sell the Property

Brian Addison

Keller Williams Realty Atlanta Partners License #395346 Listed on: 07/17/2020

Keller Williams Realty Atlanta Partners

Last Buyer's Agent

Zach Sabo

Virtual Properties Realty.com License #374276

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,221

Year Built

  • Built in 2017

Lot Details

  • 10,019 Sq Ft Lot
  • Property fronts a state road
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Back and Front Yard

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

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

Interior Spaces

  • 3,482 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Theater
  • Bonus Room
  • Wood Flooring
  • Lake Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Electric Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

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

Additional Features

  • Energy-Efficient Appliances
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 15047M000015

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,221

Year Built

Built in 2017

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2017
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Gas Log, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Cabinets White, Stone Counters, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, 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: 3482.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Main Bedrooms: 1
  • Total Bathrooms: 5
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

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

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Number Of Parking Spaces: 3
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Garage Faces Front, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security System Owned, Smoke Detector(s)
  • Cooling: Zoned
  • Heating: Forced Air, Zoned
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Homeowners Assoc, Lake, Near Schools, Near Shopping, Near Trails/Greenway, Park, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • Association: Yes
  • Management Company Email: Sterling-Life.com
  • Subdivision Complex: STERLING ON THE LAKE

Association/Amenities

  • Management Company: Community Management Assc

Schools

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

Lot Info

  • Acres: 0.2300
  • Deed Book: 8091
  • Deed Page: 347
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Level
  • Parcel Number: 15047M000015
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 1200

Tax Info

  • Taxes: 4221.00
  • Assessor Parcel Number: 15-0047M-00-015
  • Close Date: 2020-11-17
  • Tax Year: 2019

MLS Schools

  • 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
Jul 17, 2020
Closed on
Nov 17, 2020
Sold by
Delussey Jeffrey
Bought by
Ford Vanessa and Ford Travis
Seller's Agent
Brian Addison
Keller Williams Realty Atlanta Partners
Buyer's Agent
Zach Sabo
Virtual Properties Realty.com
List Price
$519,000
Sold Price
$482,500
Premium/Discount to List
-$36,500
-7.03%
Current Estimated Value
$742,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,394
Avg. Annual Appreciation
9.45%
Original Mortgage
$434,250
Outstanding Balance
$308,833
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$434,061
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
Ford Vanessa $482,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ford Vanessa $434,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2020 11/17/20 Sold $482,500 -2.0% $139 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
09/30/2020 09/30/20 Price Changed $492,500 -0.4% $141 / Sq Ft
09/01/2020 09/01/20 Price Changed $494,500 -1.1% $142 / Sq Ft
08/05/2020 08/05/20 Price Changed $499,900 -2.9% $144 / Sq Ft
07/29/2020 07/29/20 Price Changed $514,900 -0.8% $148 / Sq Ft
07/17/2020 07/17/20 For Sale $519,000 +10.7% $149 / Sq Ft
05/18/2018 05/18/18 Sold $468,910 -0.2% $135 / Sq Ft
04/07/2018 04/07/18 Pending -- -- --
08/21/2017 08/21/17 For Sale $469,900 -- $135 / 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 $7,656 $271,680 $60,880 $210,800
2023 $5,945 $255,440 $60,880 $194,560
2022 $5,680 $219,160 $45,680 $173,480
2021 $5,039 $191,160 $33,480 $157,680
2020 $4,158 $153,640 $20,680 $132,960
2019 $4,221 $154,600 $20,680 $133,920
2018 $4,594 $160,760 $24,000 $136,760
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Brian Addison

    Keller Williams Realty Atlanta Partners

    (678) 318-5000

    5 in this area

    54 Total Sales

    Brian Addison
    Section Image
  • Zach Sabo

    Buyer's Agent in 2020

    Zach Sabo

    Virtual Properties Realty

    (404) 606-0920

    1 in this area

    43 Total Sales

    Zach Sabo
    Section Image

  • J

    Seller's Agent in 2018

    Jeffrey Barnes

    Atlantic States Realty, LLC.

    (770) 403-1155

    6 in this area

    46 Total Sales

    Jeffrey Barnes
    Section Image
  • Peter Clay

    Buyer's Agent in 2018

    Peter Clay

    UC Premier Properties

    (678) 492-3559

    17 Total Sales

    Peter Clay
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6753677

First Multiple Listing Service (FMLS)

APN: 15-0047M-00-015

Georgia Hall County Flowery Branch 30542 Sterling on the Lake

7146 Lake Edge Dr, Flowery Branch, GA

This home is located at 7146 Lake Edge Dr, Flowery Branch, GA 30542 since 17 July 2020 and is currently estimated at $742,894, approximately $213 per square foot. This property was built in 2017. 7146 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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