NOT LISTED FOR SALE

Estimated Value: $715,761 - $813,000

5 Beds
4 Baths
4,402 Sq Ft
$174/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $725,000 $165 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,996/month

3 Days on Market

Highlights

  • Private Waterfront
  • Fitness Center
  • Community Lake
  • Cherokee Bluff High School Rated A-
  • Home Theater
  • Clubhouse

About This Home

As of August 2023

Beautiful 5BR/4BA 3-story home on an unfinished basement in sought after Sterling on the Lake community. Step up on the covered front porch and into the twostory entry with formal Living Room and formal Dining Room. Hardwood floors have been refinished and new railings installed. Continue in to the open Great Room with two-story coffered ceiling and stone fireplace along with a wall of windows. Spacious eat-in Kitchen has been updated (2021) and features a large island with storage and shelving, and new quartz countertops. Appliances include 36" gas stove, 2 ovens, built-in microwave, new dishwasher, 2 sinks with garbage disposals, built-in coffee garage, and pop up mixer cabinet. Just off the Kitchen, the Laundry Room has cabinets and a utility sink. Bedroom and full Bath complete the main level. Upstairs, the oversized Master Suite features a deep trey ceiling, fireplace, lots of windows, and a Master Spa Bath with soaking tub and separate tile shower, expansive dual vanity, and huge walk in closet with custom shelving. Three secondary bedrooms and two full Baths complete the second level. A third level to this home is perfect for a media room, rec room, or home office. The unfinished basement provides plenty of room for storage, or bring your ideas and finish it off for even more living space. Outside, there is a screened in sunroom overlooking the backyard with dual pane windows that leads to a spacious Trex deck - both built in 2022. The spacious backyard is fenced and great for entertaining. Sterling on the Lake is a "Lifestyles Community" offering story book amenities for every phase of life. Amenities include five community pools, a 45-acre private lake for fishing/kayaking with nature trails surrounding the lake, firepit areas throughout the community, three tennis centers, basketball court, playgrounds, workout facility and a clubhouse. The golf cart friendly community, with easy access to the library with a cafe, enhances the lifestyle here.

Last Listed By

The Rains Team

PEND Realty, LLC License #299301 Listed on: 06/15/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,020

Year Built

  • Built in 2005

Lot Details

  • 0.3 Acre Lot
  • Private Waterfront
  • Cul-De-Sac
  • Back Yard Fenced
  • Private Lot
  • Sprinkler System

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Stone

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Rear Stairs
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Loft
  • Screened Porch
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Built-In Double Convection Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub Includes Tile Surround
  • Separate Shower

Basement

  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Parking Pad
  • Side or Rear Entrance to Parking

Outdoor Features

  • Balcony
  • Deck
  • Patio

Location

  • Property is near schools

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
  • Underground Utilities
  • 220 Volts
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 36E

Community Details

Overview

  • $1,500 Initiation Fee
  • Association fees include insurance, facilities fee, ground maintenance, management fee, reserve fund, swimming, tennis
  • Sterling On The Lake Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Swim Team
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,020

Year Built

Built in 2005

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • District: 1270
  • Year Built: 2005
  • Co List Office: PEND01
  • Electric: 220 Volts
  • Financing Type: VA
  • Levels: Three Or More
  • Lot Size Acres: .30
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 4402
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Convection Oven, Cooktop, Dishwasher, Double Oven, Disposal, Ice Maker, Microwave, Oven (Wall), Oven/Range (Combo)
  • Bedrooms: 5
  • Dining Room Features: Separate Room
  • Basement: Bath/Stubbed, Concrete, Daylight, Interior Entry, Exterior Entry
  • Total Finished Sq Ft: 4402
  • Unfinished Below Grade Sq Ft: 1856
  • Above Grade Finished Sq Ft: 4402
  • Interior Amenities: Central Vacuum, Tray Ceiling(s), Vaulted Ceiling(s), High Ceilings, Double Vanity, Two Story Foyer, Rear Stairs, Separate Shower, Tile Bath, Walk-In Closet(s), Whirlpool Bath
  • Full Bathrooms: 4
  • Fireplace Features: Family Room, Master Bedroom, Gas Log
  • Flooring: Hardwood, Tile, Carpet
  • Kitchen Features: Breakfast Area, Kitchen Island, Solid Surface Counters, Walk-in Pantry
  • Price Per Square Foot: 164.7

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Bedroom Main Level: 1

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Stone, Wood Siding
  • ExteriorFeatures: Balcony, Sprinkler System
  • Fencing: Fenced, Back Yard
  • Lot Features: Cul-De-Sac, Private
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: Private

Garage/Parking

  • Parking Features: Garage, Parking Pad, Side/Rear Entrance
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Central, Other
  • Laundry Features: Other
  • Security Features: Security System, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Cable Available, Sewer Connected, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 1500
  • Association: No
  • Community Features: Clubhouse, Lake, Fitness Center, Playground, Pool, Sidewalks, Swim Team, Tennis Court(s), Walk To Schools

Fee Information

  • Initiation Fee: 1500
  • Association Fee Includes: Insurance, Facilities Fee, Maintenance Grounds, Management Fee, Reserve Fund, Swimming, Tennis

Schools

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

Lot Info

  • Lot: 36E
  • Deed Book: 8386
  • Deed Page: 716
  • Plat Book: 843
  • Plat Page: 18-141

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6020

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Aug 1, 2023
Sold by
Newquist Victor Arthur
Bought by
Gibbs Nicole Marie and Gibbs Ricky
Seller's Agent
The Rains Team
PEND Realty, LLC
Buyer's Agent
Eseosa Walker
Compass
List Price
$725,000
Sold Price
$725,000
Total Days on Market
3
Views
25
Current Estimated Value
$764,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,190
Avg. Annual Appreciation
3.12%
Original Mortgage
$675,000
Outstanding Balance
$664,147
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
$100,954

Purchase Details

Listed on
Aug 8, 2019
Closed on
Dec 2, 2019
Sold by
Johnson Michael G
Bought by
Newquist Victor Arthur and Newquist Karen Naomi
Seller's Agent
Aimee Wyrick
RE/MAX Tru
Buyer's Agent
Cheryl Brodnax
NOT A VALID MEMBER
List Price
$455,000
Sold Price
$442,000
Premium/Discount to List
-$13,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.44%

Purchase Details

Listed on
Aug 4, 2013
Closed on
Nov 25, 2013
Sold by
Peters Douglas M
Bought by
Johnson Michael G and Johnson Elizabeth L
Seller's Agent
Deborah Negley
Keller Williams Realty Atlanta Partners
Buyer's Agent
Deborah Negley
Keller Williams Realty Atlanta Partners
List Price
$356,000
Sold Price
$350,000
Premium/Discount to List
-$6,000
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%
Original Mortgage
$280,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2005
Sold by
Peachtree Residential Properties
Bought by
Peters Douglas M and Peters Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,900
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2005
Sold by
Nnp-Looper Lake Llc
Bought by
Peachtree Residential Properties

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
Gibbs Nicole Marie $725,000 --
Newquist Victor Arthur $442,000 --
Johnson Michael G $350,000 --
Peters Douglas M $439,000 --
Peachtree Residential Properties $199,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Nicole Marie $675,000
Closed Gibbs Nicole Marie $675,000
Previous Owner Johnson Michael Greg $50,000
Previous Owner Johnson Michael G $280,000
Previous Owner Johnson Michael G $280,000
Previous Owner Peters Douglas M $43,900
Previous Owner Peters Douglas M $351,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $725,000 0.0% $165 / Sq Ft
06/18/2023 06/18/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $725,000 +64.0% $165 / Sq Ft
12/02/2019 12/02/19 Sold $442,000 -1.7% $102 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
09/09/2019 09/09/19 Price Changed $449,500 -1.2% $104 / Sq Ft
08/08/2019 08/08/19 For Sale $455,000 +30.0% $105 / Sq Ft
11/25/2013 11/25/13 Sold $350,000 -1.7% --
10/26/2013 10/26/13 Pending -- -- --
08/04/2013 08/04/13 For Sale $356,000 -- --
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 $7,369 $261,560 $48,760 $212,800
2023 $1,878 $240,160 $48,760 $191,400
2022 $1,856 $204,720 $36,560 $168,160
2021 $1,719 $180,160 $26,600 $153,560
2020 $4,601 $169,800 $24,560 $145,240
2019 $4,692 $171,600 $24,560 $147,040
2018 $5,086 $180,000 $24,000 $156,000
2017 $4,752 $164,280 $24,000 $140,280
2016 $4,311 $152,760 $24,000 $128,760
2015 $3,621 $133,400 $10,400 $123,000
2014 $3,621 $127,640 $10,400 $117,240
Source: Public Records

Agents Affiliated with this Home

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Source: Georgia MLS

MLS Number: 10170863

Georgia MLS

APN: 15-00047-00-471