NOT LISTED FOR SALE

7401 Lazy Hammock Way Flowery Branch, GA 30542

Sterling on the Lake Neighborhood

Estimated Value: $644,736 - $743,000

5 Beds
4 Baths
3,780 Sq Ft
$183/Sq Ft Est. Value

Last Sold June 09, 2020

Last sale price $432,500 $114 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,361/month

Highlights

  • Fitness Center
  • Craftsman Architecture
  • Dining Room Seats More Than Twelve
  • Cherokee Bluff High School Rated A-
  • Community Lake
  • Clubhouse

About This Home

As of June 2020

Gorgeous 5 bed/4 bath home with MASTER ON MAIN! Main level boasts open concept with formal dining room, open concept kitchen with white cabinets and double oven. Oversized Master with ensuite includes vaulted ceilings,walk in closets,double vanity,separate soaking tub/shower. Additional bedroom and full bath on the main perfect for a guest/mother in law suite. Upstairs includes 3 bedrooms/2 baths and loft area. Unfinished basement studded for bathroom and interior/exterior entrance. Side entry garage, large backyard and balcony/patio completes this amazing home! Sterling on the Lake is a "Lifestyles Community" offering olympic pool with a waterslide, three tennis courts, a clubhouse and a fitness center. Enjoy nature by taking a jog or a stroll on one of the miles of nature trails, fish off the lake dock of the 45 acre private lake.

Last Agent to Sell the Property

The Rains Team

Pend Realty, LLC. Listed on: 03/31/2020

Last Buyer's Agent

Jennifer Stahl

Keller Williams Realty Atlanta Partners License #384459

Keller Williams Realty Atlanta Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,673

Year Built

  • Built in 2007

Lot Details

  • 0.29 Acre Lot
  • Private Lot
  • Level Lot
  • Irrigation Equipment
  • Back and Front Yard

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

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

Interior Spaces

  • 3,780 Sq Ft Home
  • 3-Story Property
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 10 feet on the lower level
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Insulated Windows
  • Plantation Shutters
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room with Fireplace
  • Living Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

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

Home Security

  • Security System Leased
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Location

  • Property is near schools
  • Property is near shops

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
  • 220 Volts in Garage
  • 110 Volts
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 15047D000024

Community Details

Overview

  • $1,200 Initiation Fee
  • Community Mgmy Associates Association, Phone Number (770) 965-3980
  • Secondary HOA Phone (770) 965-3980
  • Built by Peachtree Residential Properties
  • Sterling On The Lake Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,673

Year Built

Built in 2007

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: Resale
  • Year Built: 2007
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Gas Starter, Great Room
  • Number Of Fireplaces: 2
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Gas Oven, Gas Range, Microwave, Self Cleaning Oven
  • Interior Amenities: Bookcases, Disappearing Attic Stairs, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, High Ceilings 10 ft Lower, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Full, Interior Entry, Unfinished
  • Kitchen Features: Breakfast Bar, Cabinets White, Eat-in Kitchen, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Great Room - 1 Story, Living Room
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 3780.00
  • Spa Features: None
  • Window Features: Insulated Windows, Plantation Shutters

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: In-Law Suite/Apartment, Master on Main, Oversized Master
  • Main Bedrooms: 2
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub, Vaulted Ceilings

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Front Porch, Patio

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security System Leased, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: 110 Volts, 220 Volts in Garage

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Reserve Fund, Swim/Tennis
  • Community Features: Clubhouse, Fitness Center, Homeowners Assoc, Lake, Near Schools, Near Shopping, Park, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-965-3980
  • Management Company Email: Tquinn@cmacommunities
  • Management Phone: 770-965-3980
  • Subdivision Complex: Sterling On The Lake

Association/Amenities

  • Management Company: Community Mgmy Associates

Schools

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

Lot Info

  • Acres: 0.2920
  • Lot: 24
  • Deed Book: 6084
  • Deed Page: 439
  • Plat Book: 84787
  • Lot Features: Back Yard, Front Yard, Level, Private
  • Parcel Number: 15047D000024
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

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

Rental Info

  • Initiation Fee: 1200

Tax Info

  • Taxes: 4673.00
  • Assessor Parcel Number: 15-0047D-00-024
  • Close Date: 2020-06-09
  • Tax Year: 2018

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
Mar 31, 2020
Closed on
Jun 9, 2020
Sold by
Woodmen Of The World Life Insurance Soci
Bought by
Philpot Christopher Ian and Philpot Kristi
Seller's Agent
The Rains Team
Pend Realty, LLC.
Buyer's Agent
Jennifer Stahl
Keller Williams Realty Atlanta Partners
List Price
$449,900
Sold Price
$432,500
Premium/Discount to List
-$17,400
-3.87%
Current Estimated Value
$693,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,684
Avg. Annual Appreciation
9.43%
Original Mortgage
$410,875
Outstanding Balance
$365,814
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$331,606

Purchase Details

Closed on
Oct 4, 2019
Sold by
Frappampina Pasquale
Bought by
Woodmen Of The World Life Insurance Soci

Purchase Details

Closed on
May 30, 2007
Sold by
Peachtree Residential Properti
Bought by
Frappampina Pasquale and Frappampina Sherry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,500
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2006
Sold by
Nnp Looper Lake Llc
Bought by
Peachtree Residential Properties Inc
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
Philpot Christopher Ian $432,500 --
Woodmen Of The World Life Insurance Soci $447,500 --
Frappampina Pasquale $420,000 --
Peachtree Residential Properties Inc $229,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Philpot Christopher Ian $410,875
Previous Owner Frappampina Pasquale $205,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2020 06/09/20 Sold $432,500 -3.9% $114 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $449,900 -- $119 / 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 $7,030 $249,600 $48,560 $201,040
2023 $5,111 $222,200 $48,560 $173,640
2022 $4,972 $190,160 $36,400 $153,760
2021 $4,310 $161,800 $26,520 $135,280
2020 $4,132 $152,720 $24,520 $128,200
2019 $4,217 $154,440 $24,520 $129,920
2018 $4,673 $165,520 $18,480 $147,040
2017 $4,381 $151,640 $18,480 $133,160
2016 $3,967 $140,720 $18,480 $122,240
2015 $3,634 $133,560 $16,800 $116,760
2014 $3,634 $128,080 $16,800 $111,280
Source: Public Records

Agents Affiliated with this Home

  • The Rains Team

    Seller's Agent in 2020

    The Rains Team

    Pend Realty, LLC.

    (770) 490-6434

    31 in this area

    304 Total Sales

    The Rains Team
    Section Image

  • J

    Buyer's Agent in 2020

    Jennifer Stahl

    Keller Williams Realty Atlanta Partners

    (678) 643-6730

    1 in this area

    22 Total Sales

    Jennifer Stahl
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6703779

First Multiple Listing Service (FMLS)

APN: 15-0047D-00-024

Georgia Hall County Flowery Branch 30542 Sterling on the Lake

7401 Lazy Hammock Way, Flowery Branch, GA

This home is located at 7401 Lazy Hammock Way, Flowery Branch, GA 30542 since 31 March 2020 and is currently estimated at $693,184, approximately $183 per square foot. This property was built in 2007. 7401 Lazy Hammock Way 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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