NOT LISTED FOR SALE

7397 Regatta Way Flowery Branch, GA 30542

Sterling on the Lake Neighborhood

Estimated Value: $667,000 - $829,000

4 Beds
3.5 Baths
3,135 Sq Ft
$243/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $493,000 $157 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,382/month

Highlights

  • Fitness Center
  • Open-Concept Dining Room
  • Lake View
  • Cherokee Bluff High School Rated A-
  • Fishing
  • Craftsman Architecture

About This Home

As of November 2020

Stunning cottage home on Lake Sterling. Huge master on main, gorgeous chef kitchen w/ island, breakfast area. Hardwood floors, granite counters, butler pantry, laundry w/ sink, built-in speakers including deck. Exterior features a porch off the main level that overlooks a private backyard w/ access to a lakeside trail. All of this on a unfinished basement & exterior patio. Sterling on the Lake is a Lifestyle Community offering a resort style pool w/ waterslide, tennis, pickleball, clubhouse, fitness center, exercise classes, pavilion, nature trails, kayaking/fishing.

Last Agent to Sell the Property

Jana Waycaster

Berkshire Hathaway HomeServices Georgia Properties License #256299 Listed on: 09/14/2020

Berkshire Hathaway HomeServices Georgia Properties

Last Buyer's Agent

Seung Min

Virtual Properties Realty. Biz License #392136

Virtual Properties Realty. Biz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,284

Year Built

  • Built in 2015

Lot Details

  • 0.37 Acre Lot
  • Private Entrance
  • Landscaped
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Cottage
  • Shingle Roof
  • Ridge Vents on the Roof
  • Cement Siding

Interior Spaces

  • 3,135 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Coffered Ceiling
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Private Rear Entry
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room
  • Open-Concept Dining Room
  • Formal Dining Room
  • Home Office
  • Computer Room
  • Library
  • Bonus Room
  • Lake Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Stubbed For A Bathroom
  • Natural lighting in basement

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
  • Air Source Heat Pump
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 132 / 2
  • Assessor Parcel Number 15047J000011

Community Details

Overview

  • $1,200 Initiation Fee
  • Sterling On The Lake Subdivision
  • FHA/VA Approved Complex
  • Community Lake

Amenities

  • Clubhouse
  • Meeting Room

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,284

Year Built

Built in 2015

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage, Craftsman, Traditional
  • Property Condition: Resale
  • Year Built: 2015
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Factory Built, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Microwave
  • Interior Amenities: High Ceilings 10 ft Main, Bookcases, Coffered Ceiling(s), Double Vanity, High Speed Internet, Entrance Foyer, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Unfinished
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Solid Surface Counters, Pantry, Pantry Walk-In
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Computer Room, Family Room, Library, Living Room, Office, Other
  • Dining Room Features: Separate Dining Room, Open Concept
  • Square Footage: 3135.00
  • Spa Features: None
  • Window Features: None

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

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Ridge Vents, Shingle
  • Patio And Porch Features: Deck, Patio
  • Exterior Features: Private Yard, Private Front Entry, Private Rear Entry
  • View: Lake

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Heating: Central, Forced Air, Zoned
  • Laundry Features: Laundry Room, Main Level, Mud Room
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Meeting Room, Fishing, Homeowners Assoc, Lake, Fitness Center, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • F H A Condo Approval: Yes
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Management Company Email: Tquinn@cmacommunities.com
  • Subdivision Complex: STERLING ON THE LAKE

Lot Info

  • Acres: 0.3700
  • Lot: 132
  • Plat Book: 875
  • Plat Page: 27
  • Lot Features: Back Yard, Landscaped, Front Yard
  • Parcel Number: 15047J000011
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 1200

Tax Info

  • Taxes: 5284.00
  • Tax Year: 2019

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
Sep 14, 2020
Closed on
Nov 30, 2020
Sold by
Balakrishnan Ramachandran
Bought by
Kim Gina and Kim Chong W
Seller's Agent
Jana Waycaster
Berkshire Hathaway HomeServices Georgia Properties
Buyer's Agent
Seung Min
Virtual Properties Realty. Biz
List Price
$499,900
Sold Price
$493,000
Premium/Discount to List
-$6,900
-1.38%
Current Estimated Value
$760,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,660
Avg. Annual Appreciation
9.12%
Original Mortgage
$393,000
Outstanding Balance
$348,342
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$412,318

Purchase Details

Listed on
Nov 11, 2014
Closed on
Jun 19, 2015
Sold by
Core Homebuilders Llc
Bought by
Balakrishnan Ramachandran
Seller's Agent
Yvonne Chipman
Keller Williams Realty Atl. Partners
Buyer's Agent
Trey Bell
Keller Williams Realty Atl. Partners
List Price
$419,000
Sold Price
$430,000
Premium/Discount to List
$11,000
2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.54%
Original Mortgage
$344,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2015
Sold by
Nnp- Looper Lake Llc
Bought by
Core Homebuilders Llc

Purchase Details

Closed on
Aug 5, 2014
Sold by
Nnp Looper Lake Llc
Bought by
Core Homebuilders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,100
Interest Rate
4.19%
Mortgage Type
New Conventional
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
Kim Gina $493,000 --
Balakrishnan Ramachandran $430,000 --
Core Homebuilders Llc -- --
Core Homebuilders Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Gina $393,000
Previous Owner Balakrishnan Ramachandran $344,000
Previous Owner Core Homebuilders Llc $611,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2020 11/30/20 Sold $493,000 -1.4% $157 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $499,900 +16.3% $159 / Sq Ft
06/19/2015 06/19/15 Sold $430,000 0.0% $137 / Sq Ft View Prior Sale
06/19/2015 06/19/15 Sold $430,000 +2.0% $137 / Sq Ft View Prior Sale
05/20/2015 05/20/15 Pending -- -- --
05/20/2015 05/20/15 Pending -- -- --
02/09/2015 02/09/15 Price Changed $421,500 +0.6% $134 / Sq Ft
02/03/2015 02/03/15 For Sale $419,000 0.0% $133 / Sq Ft
01/30/2015 01/30/15 Pending -- -- --
11/11/2014 11/11/14 For Sale $419,000 -- $133 / 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 $3,278 $281,120 $56,360 $224,760
2023 $2,110 $267,520 $58,920 $208,600
2022 $2,130 $234,600 $44,200 $190,400
2021 $5,200 $203,560 $31,360 $172,200
2020 $5,181 $188,960 $24,880 $164,080
2019 $5,284 $191,000 $24,880 $166,120
2018 $4,577 $188,440 $24,000 $164,440
2017 $4,887 $196,360 $24,000 $172,360
2016 $5,209 $182,160 $24,000 $158,160
2015 $300 $10,400 $10,400 $0
2014 $300 $10,400 $10,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Jana Waycaster

    Seller's Agent in 2020

    Jana Waycaster

    Berkshire Hathaway HomeServices Georgia Properties

    (770) 560-9959

    6 in this area

    79 Total Sales

    Jana Waycaster
    Section Image
  • Seung Min

    Buyer's Agent in 2020

    Seung Min

    Virtual Properties Realty.BIZ

    (201) 317-8771

    1 in this area

    4 Total Sales

    Seung Min
    Section Image

  • Y

    Seller's Agent in 2015

    Yvonne Chipman

    NOT A VALID MEMBER

    Section Image

  • D

    Seller Co-Listing Agent in 2015

    DWAYNE HANKS

    NOT A VALID MEMBER

    Section Image
  • Trey Bell

    Buyer's Agent in 2015

    Trey Bell

    Keller Williams Realty Atlanta Partners

    (678) 283-9834

    61 Total Sales

    Trey Bell
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6781473

First Multiple Listing Service (FMLS)

APN: 15-0047J-00-011

Georgia Hall County Flowery Branch 30542 Sterling on the Lake

7397 Regatta Way, Flowery Branch, GA

Not Listed for Sale

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