NOT LISTED FOR SALE

7404 Switchback Ln Flowery Branch, GA 30542

Sterling on the Lake Neighborhood

Estimated Value: $554,545 - $652,000

5 Beds
3 Baths
2,442 Sq Ft
$240/Sq Ft Est. Value

Last Sold July 11, 2014

Last sale price $250,000 $102 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $3,780/month

57 Days on Market

Highlights

  • Community Lake
  • Dining Room Seats More Than Twelve
  • Loft
  • Cherokee Bluff High School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of July 2014

HomeBuyer Priority Timeline Calendar Days 1-7: All offers will be rejected. We want REOs to have the exposure to the market and potential buyers. The date the property is listed is counted as Day 1. Calendar Days 8-15: PAS will entertain offers from all buyers except buyers purchasing as a secondary residence parent(s) buying a home for their child/children and investors. Offers that will be entertained include the following: o Buyers purchasing a property as their primary residence o Municipalities purchasing a residence or a vacant lot o Non-profit buyers purchasing a residence or a vacant lot Calendar Days 16+: We will entertain offers from all buyers once any offers received during days 8-15 have been full vetted. Beautiful home on corner lot.

Last Listed By

Jason Gray

Drought Breaker Realty Inc. License #276438 Listed on: 04/07/2014

Drought Breaker Realty Inc.

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $6,345

Year Built

  • 2006

Lot Details

  • 0.25

Interior Spaces

  • Double Pane Windows
  • Family Room
  • Dining Room Seats More Than Twelve
  • Library
  • Loft

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom
  • Natural lighting in basement

Schools

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

Utilities

  • Programmable Thermostat
  • Underground Utilities
  • Gas Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Exercise Course
  • Community Pool

Property Details

Home Type

Other

Est. Annual Taxes

$6,345

Year Built

2006

Lot Details

0

Listing Details

  • Special Features: 20
  • Year Built: 2006

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Factory Built
  • Basement: Bath Stubbed, Daylight, Inside Entrance, Outside Entrance, Full
  • Kitchen Equipment: Dishwasher, Built-In Microwave, Range/Oven
  • Interior Amenities: Cable TV Connections, Trey Ceilings, Vaulted Ceilings, Double Vanity, 2 Story Foyer, Entrance Foyer, Garden Tub, Hardwood Floors, Recently Renovated, Separate Shower, Tile Bath, Tile Floors, Walk-in Closet, Wall-to-wall Carpet
  • Laundry Type: Room
  • Total Finished Sq Ft: 2442
  • Unfinished Below Grade Sq Ft: 1540
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Pantry, Solid Surface Counters

Exterior Features

  • Construction: Brick Front, Concrete Siding
  • Exterior Features: Deck/Patio, Porch
  • Roof Type: Composition

Garage/Parking

  • Parking: 2 Car, Attached, Side/Rear Entrance

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central, Heat Pump
  • Heating Fuel: Gas
  • Heating: Central, Heat Pump
  • Energy Features: Double Pane/Thermo, Programmable Thermostat, Gas Water Heater
  • Water/Sewer: Public Water, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 850
  • HOA Fee Frequency: Annual
  • Fees Include: Facilities Fee, Garbage Pickup, Grounds Maintenance, Management Fee, Reserve Fund, Swimming, Tennis

Association/Amenities

  • Amenities: Clubhouse, Lake, Neighborhood Association, Physical Fit Facilities, Playground, Pool, Sidewalks, Street Lights, Tennis Courts, Underground Utilities

Fee Information

  • Initiation Fee: 650.0

Schools

  • Elementary School: Spout Springs / Hall / Hall County, GA
  • High School: Flowery Branch / Hall / Hall County, GA
  • Middle School: C W Davis / Hall / Hall County, GA

Lot Info

  • Lot Description: Corner
  • Lot Size: Less than 1/3 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2014
Closed on
Jul 11, 2014
Sold by
Deutsche Bank National Trust C
Bought by
Patel Sagar and Patel Theresa
Seller's Agent
Jason Gray
Drought Breaker Realty Inc.
Buyer's Agent
Courtney Wardy
Keller Williams Realty Atl. Partners
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Total Days on Market
57
Current Estimated Value
$586,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,386
Avg. Annual Appreciation
8.10%
Original Mortgage
$224,975
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2013
Sold by
Adgerson Margo L
Bought by
Deutsche Bank National Trust C and Soundview Home Loan Trust

Purchase Details

Closed on
Jun 21, 2006
Sold by
Weekley Homes Lp
Bought by
Adgerson Margo L

Purchase Details

Closed on
Nov 4, 2005
Sold by
Nnp-Looper Lake Llc
Bought by
Weekley Homes Lp

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
Patel Sagar $250,000 --
Deutsche Bank National Trust C $187,000 --
Adgerson Margo L $347,300 --
Weekley Homes Lp $478,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Sagar $121,000
Open Patel Sagar B $316,000
Closed Patel Sagar $94,000
Closed Patel Sagar B $45,000
Closed Patel Sagar B $229,000
Closed Patel Sagar $224,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2014 07/11/14 Sold $250,000 0.0% $102 / Sq Ft
06/04/2014 06/04/14 Pending -- -- --
05/08/2014 05/08/14 Price Changed $250,000 -9.1% $102 / Sq Ft
04/07/2014 04/07/14 For Sale $275,000 -- $113 / 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 $6,345 $225,440 $43,360 $182,080
2023 $4,635 $203,240 $43,360 $159,880
2022 $4,421 $171,000 $32,520 $138,480
2021 $3,996 $152,000 $23,840 $128,160
2020 $3,731 $138,080 $22,080 $116,000
2019 $3,764 $138,080 $22,080 $116,000
2018 $3,943 $140,000 $24,000 $116,000
2017 $4,041 $146,160 $24,000 $122,160
2016 $3,836 $136,160 $24,000 $112,160
2015 $3,243 $117,520 $10,400 $107,120
2014 $3,243 $112,520 $10,400 $102,120
Source: Public Records

Agents Affiliated with this Home

  • Jason Gray

    Seller's Agent in 2014

    Jason Gray

    Drought Breaker Realty Inc.

    (678) 346-6010

    Jason Gray
    Section Image
  • Courtney Wardy

    Buyer's Agent in 2014

    Courtney Wardy

    Keller Williams Realty Atl. Partners

    (678) 459-5885

    Courtney Wardy
    Section Image
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Map

Source: Georgia MLS

MLS Number: 07249246

Georgia MLS

APN: 15-00047-00-563

Georgia Hall County Flowery Branch 30542 Sterling on the Lake

7404 Switchback Ln, Flowery Branch, GA

Homes for Sale in Flowery Branch, GA

This home is located at 7404 Switchback Ln, Flowery Branch, GA 30542 since 07 April 2014 and is currently estimated at $586,386, approximately $240 per square foot. This property was built in 2006. 7404 Switchback Ln 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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