NOT LISTED FOR SALE

742 Topsail Ln Alpharetta, GA 30005

Estimated Value: $608,000 - $659,850

3 Beds
4 Baths
2,510 Sq Ft
$249/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $420,875 $168 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,199/month

118 Days on Market

Highlights

  • Home Theater
  • New Construction
  • Property is near public transit
  • New Prospect Elementary School Rated A
  • Deck
  • Traditional Architecture

About This Home

As of January 2021

READY IN NOVEMBER - The Edison plan built by Lennar. Our largest basement floorplan here at Caravelle - This spacious 3 bedroom 2 full bath and 2 1/2 bath on a finished basement town home is ideal for everyone with room to spare for work/office options. This home has it all!! Main floor has 10 ft ceilings, oversized windows that look out to both the front covered deck and rear open deck. The 1st floors have hardwoods throughout, extensive crown molding, stainless steel appliances in the gourmet kitchen and a large island for a seating of four. You will find 42 inch cabinets as well as a custom built pantry cabinet and a walk in pantry. Three spacious bedrooms on the 3rd floor, laundry room and a nice size loft finishes out the 3rd floor of this spacious and open town home. Who wouldn't love a finished basement to entertain with friends or for relaxing movie nights! This home also includes a 2-car rear entry garage. Secondary photos are photos are that of the Edison Model. Caravelle is 5 minutes from Avalon and the Big Creek Greenway

Last Listed By

Tamra Wade

RE/MAX Tru License #214598 Listed on: 08/20/2020

RE/MAX Tru

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $615

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 1,263 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Irrigation Equipment

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,510 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 10 feet on the lower level
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Loft

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on upper level

Finished Basement

  • Garage Access
  • Finished Basement Bathroom

Home Security

  • Open Access
  • Security System Owned
  • Smart Home

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch

Location

  • Property is near public transit

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 110 Volts
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 87
  • Assessor Parcel Number 22 545011881552

Community Details

Overview

  • $1,680 Initiation Fee
  • 187 Units
  • Fieldstone Mgt Association, Phone Number (404) 920-8621
  • Secondary HOA Phone (404) 920-8621
  • Caravelle Subdivision

Recreation

  • Swim or tennis dues are required
  • Community Pool
  • Trails

Security

  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$615

Year Built

Built in 2020 | 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: Townhouse, Traditional
  • Property Condition: New Construction
  • Year Built: 2020
  • Levels Stories: Three Or More
  • Cert Prof Home Bldrs Legacy: Lennar
  • Special Features: NewHome

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log, Glass Doors
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Water Heater, Gas Cooktop, Microwave
  • Interior Amenities: Double Vanity, Entrance Foyer, High Ceilings 9 ft Upper, High Ceilings 10 ft Main, High Ceilings 10 ft Lower, Smart Home, Walk-In Closet(s)
  • Basement: Driveway Access, Finished, Finished Bath
  • Kitchen Features: Breakfast Bar, Pantry Walk-In, Solid Surface Counters, View to Family Room
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Family Room, Loft, Media Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2510.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Split Bedroom Plan
  • Total Bathrooms: 4
  • Total Full Baths: 2
  • Total Half Baths: 2
  • Lower Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Shower Only

Exterior Features

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

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage, Garage Door Opener, Garage Faces Rear, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Sprinkler System, Open Access, Security System Owned
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Maintenance Grounds, Swim/Tennis, Termite
  • Community Features: Homeowners Assoc, Near Trails/Greenway, Pool, Public Transportation, Sidewalks, Street Lights
  • Association Fee: 280
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • 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 Mgt

Schools

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

Lot Info

  • Acres: 0.0290
  • Lot: 87
  • Land/Lot: 1
  • Section G M D: 2
  • Plat Book: 1188
  • Plat Page: 406
  • Lot Features: Landscaped, Level
  • Parcel Number: 22 545011881552
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 1680

Tax Info

  • Taxes: 615.00
  • Assessor Parcel Number: 22-5450-1188-155-2
  • Close Date: 2021-01-05
  • Tax Year: 2019

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
Aug 20, 2020
Closed on
Jan 5, 2021
Sold by
Lennar Georgia Inc
Bought by
Balla Appa Rao and Byna Anuradha Sudha
Seller's Agent
Tamra Wade
RE/MAX Tru
Buyer's Agent
Venkat Gaddam
Dream Realty Group, LLC.
List Price
$430,875
Sold Price
$420,875
Premium/Discount to List
-$10,000
-2.32%
Total Days on Market
118
Current Estimated Value
$625,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,088
Avg. Annual Appreciation
9.46%
Original Mortgage
$336,700
Outstanding Balance
$254,738
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$371,225

Range of Values:

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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
Balla Appa Rao $420,875 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balla Appa Rao $336,700
Closed Balla Appa Rao $336,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2021 01/05/21 Sold $420,875 -2.3% $168 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $430,875 -- $172 / 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
2023 $4,975 $176,240 $32,160 $144,080
2022 $3,612 $153,160 $31,440 $121,720
2021 $4,889 $148,680 $30,520 $118,160
2020 $805 $24,000 $24,000 $0
2019 $742 $25,920 $25,920 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6770114

First Multiple Listing Service (FMLS)

APN: 22-5450-1188-155-2