NOT LISTED FOR SALE

741 Topsail Ln Unit 62 Alpharetta, GA 30005

Estimated Value: $571,000 - $635,750

4 Beds
3.5 Baths
2,226 Sq Ft
$269/Sq Ft Est. Value

Last Sold November 29, 2019

Last sale price $416,575 $187 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,488/month

24 Days on Market

Highlights

  • Open-Concept Dining Room
  • New Construction
  • Property is near public transit
  • New Prospect Elementary School Rated A
  • Deck
  • Traditional Architecture

About This Home

As of November 2019

The New Bayfield Plan built by Lennar offers 4 bedrooms and 3.5 baths with one bedroom with full bath on terrace level. 10 ft ceilings, 42" cabinets, 5 in hardwoods, oak stairs , stainless steel appliances, granite counters, tile in all baths, front and rear decks. Caravelle is a master planned community.

Last Agent to Sell the Property

Tamra Wade

RE/MAX Tru License #214598 Listed on: 07/08/2019

RE/MAX Tru

Last Buyer's Agent

Sekhar Thadiparthi

Sekhars Realty, LLC. License #344359

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Two or More Common Walls
  • Private Entrance

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Rear-Facing Garage

Home Design

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

Interior Spaces

  • 2,226 Sq Ft Home
  • 3-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Fireplace With Gas Starter
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Loft

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Thermostat

Schools

  • Creek View Elementary School
  • Webb Bridge Middle School
  • Alpharetta High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 110 Volts
  • Phone Available
  • Cable TV Available

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 62
  • Assessor Parcel Number 22 545011881305

Community Details

Overview

  • $1,680 Initiation Fee
  • 187 Units
  • Fieldstone Management Association, Phone Number (404) 920-8621
  • Caravelle Subdivision
  • Rental Restrictions

Recreation

  • Swim or tennis dues are required
  • Trails

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$280 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Traditional
  • Property Condition: New Construction
  • Year Built: 2019
  • Levels Stories: Three Or More
  • Special Features: NewHome

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Main, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Kitchen Island, Pantry, Solid Surface Counters
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Family Room, Loft
  • Dining Room Features: Open Concept
  • Square Footage: 2226.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Lower Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Shower Only

Exterior Features

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

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Garage, Garage Faces Rear

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • 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: Insurance, Maintenance Exterior, Maintenance Grounds, Swim/Tennis, Termite
  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc, Near Trails/Greenway, Public Transportation
  • Association Fee: 280
  • Association Fee Frequency: Monthly
  • Swim Tennis Fee Due: Required
  • Hoa Contact Phone: 404-920-8621
  • Home Warranty: Yes
  • Management Company Email: fieldstone@fieldstonerp.com
  • Management Phone: 404-920-8621
  • Subdivision Complex: Caravelle

Association/Amenities

  • Number Of Units In Community: 187
  • Management Company: Fieldstone Management

Lot Info

  • Lot: 62
  • Section G M D: 2
  • Plat Book: 406
  • Parcel Number: 22 545011881305
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Appliances, Thermostat
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 1680

Tax Info

  • Taxes: 1.00
  • Tax Year: 2018

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Creek View
  • High School: Alpharetta
  • Middle School: Webb Bridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Nov 29, 2019
Sold by
Lennar Georgia Inc
Bought by
Mukkamala Rama Chandra Sekhar and Ongole Kalyani
Seller's Agent
Tamra Wade
RE/MAX Tru
Buyer's Agent
Sekhar Thadiparthi
Sekhars Realty, LLC.
List Price
$442,125
Sold Price
$416,575
Premium/Discount to List
-$25,550
-5.78%
Current Estimated Value
$598,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,613
Avg. Annual Appreciation
6.15%
Original Mortgage
$333,260
Outstanding Balance
$289,517
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$308,671
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
Mukkamala Rama Chandra Sekhar $416,575 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mukkamala Rama Chandra Sekhar $333,260
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2019 11/29/19 Sold $416,575 -5.9% $187 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
07/08/2019 07/08/19 Price Changed $442,775 +0.1% $199 / Sq Ft
07/08/2019 07/08/19 For Sale $442,125 -- $199 / 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
2025 $738 $264,240 $37,160 $227,080
2023 $5,628 $199,400 $31,960 $167,440
2022 $3,670 $172,760 $31,280 $141,480
2021 $4,297 $167,680 $30,360 $137,320
2020 $5,037 $166,600 $31,200 $135,400
2019 $737 $25,760 $25,760 $0
Source: Public Records

Agents Affiliated with this Home

  • Tamra Wade

    Seller's Agent in 2019

    Tamra Wade

    RE/MAX

    (678) 899-1623

    46 in this area

    2,804 Total Sales

    Tamra Wade
    Section Image
  • Sekhar Thadiparthi

    Buyer's Agent in 2019

    Sekhar Thadiparthi

    Sekhars Realty, LLC.

    (404) 808-9978

    17 in this area

    640 Total Sales

    Sekhar Thadiparthi
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6581863

First Multiple Listing Service (FMLS)

APN: 22-5450-1188-130-5

Georgia Fulton County Alpharetta 30005

741 Topsail Ln Unit 62, Alpharetta, GA

Not Listed for Sale

Townhouses

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