NOT LISTED FOR SALE

7495 Rico Rd Palmetto, GA 30268

Estimated Value: $668,000 - $1,060,000

4 Beds
3.5 Baths
3,106 Sq Ft
$281/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $685,000 $221 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,639/month

Highlights

  • Greenhouse
  • 5.61 Acre Lot
  • Deck
  • Gated Community
  • Community Lake
  • Wooded Lot

About This Home

As of January 2022

**Stunning Executive Estate***Imagine yourself in a stellar gated and secluded, tree-lined 3, 100 square foot 4BR/3.5BA custom, European tutor-style home situated on 5.61 beautiful acres bordered by a dry creek! This glorious home in a safe, quiet neighborhood was updated in 2012, 2018, and 2019 and offers incredible amenities such as a whole-house vacuum system, a large fireplace with ceramic logs, custom crown molding, and a mud-room with a sink. Large windows provide lots of natural light. You will enjoy serenity and refinement while being only 3 miles from the shops and restaurants at Serenbe and 30 minutes to the airport. The updated kitchen with high-end Bosch(r) appliances, including 2 dishwashers and a hammered copper sink, invites its owners to enjoy easy meal preparation. Coupled with the massive center island is a dream home for entertaining. The 25+ feet cathedral ceilings in the great room, den/office, and upstairs 2nd master suite set the tone for this expansive yet comfortable home. The master on the main with a huge, luxurious bathroom and customized walk-in closet overlooks the manicured backyard. Custom cabinetry with full-extension, slow-closing doors, granite, and Corian countertops create style and functionality in the gourmet kitchen and all bathrooms. The professionally landscaped yard includes a patio overlooking a magnificent butterfly garden. New upstairs A/C installed in 2018, and all wood flooring was replaced in 2019. The seller is providing a 1-year home warranty and a land survey ($3, 500 value). The home includes a separate large outbuilding just waiting for easy conversion into a home office or bonus shed area. Come and see your new home today!

Last Agent to Sell the Property

Jennifer Stein

HomeLister, Inc. License #348812 Listed on: 06/30/2021

Last Buyer's Agent

Sid Shackelford

eXp Realty License #394580

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,413

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 5.61 Acre Lot
  • Sloped Lot
  • Wooded Lot
  • Garden

Home Design

  • European Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,106 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Beamed Ceilings
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Home Office
  • Library
  • Bonus Room

Kitchen

  • Breakfast Room
  • Breakfast Bar
  • Convection Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Double Vanity
  • Low Flow Plumbing Fixtures
  • Bathtub Includes Tile Surround
  • Separate Shower

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Guest Parking

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Patio
  • Greenhouse
  • Separate Outdoor Workshop
  • Outbuilding
  • Outdoor Gas Grill

Schools

  • Palmetto Elementary School
  • Bear Creek Middle School
  • Creekside High School

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association
  • Community Lake

Recreation

  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,413

Year Built

Built in 1998 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • ArchitecturalStyle: European
  • Main Level Half Bathrooms: 1
  • Financing Type: Conventional
  • GreenEnergyEfficient: Thermostat
  • Levels: Two
  • Lot Size Acres: 5.61
  • Other Sturctures: Greenhouse, Outbuilding, Workshop
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 3106
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Dryer, Washer, Convection Oven, Dishwasher, Disposal, Ice Maker, Microwave, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 4
  • Dining Room Features: Separate Room
  • Basement: None
  • Total Finished Sq Ft: 3106
  • Above Grade Finished Sq Ft: 3106
  • Interior Amenities: Central Vacuum, Tray Ceiling(s), Vaulted Ceiling(s), High Ceilings, Double Vanity, Beamed Ceilings, Pulldown Attic Stairs, Separate Shower, Tile Bath, Walk-In Closet(s), Master On Main Level, Split Bedroom Plan
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Gas Starter, Masonry, Gas Log
  • Flooring: Hardwood, Tile, Carpet
  • Kitchen Features: Breakfast Area, Breakfast Bar, Breakfast Room, Kitchen Island, Pantry, Solid Surface Counters
  • Other Equipment: Satellite Dish
  • Price Per Square Foot: 220.54

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Bedroom Main Level: 1

Exterior Features

  • Construction Materials: Stucco
  • ExteriorFeatures: Garden, Gas Grill
  • Foundation Details: Slab
  • Lot Features: Sloped
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage, Kitchen Level, Guest
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air, Heat Pump, Attic Fan
  • Heating: Electric, Heat Pump
  • Laundry Features: In Mud Room
  • Security Features: Security System, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated, Lake, Park

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Palmetto
  • High School: Creekside
  • Middle School: Bear Creek
  • Elementary School: Palmetto
  • Middle School: Bear Creek
  • High School: Creekside

Green Features

  • GreenWaterConservation: Low-Flow Fixtures

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6412.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Jan 14, 2022
Sold by
Brown Devan
Bought by
Cohn Seth and Currell Cohn Jessica
Seller's Agent
Jennifer Stein
HomeLister, Inc.
Buyer's Agent
Sid Shackelford
eXp Realty
List Price
$795,000
Sold Price
$685,000
Premium/Discount to List
-$110,000
-13.84%
Current Estimated Value
$908,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,002
Avg. Annual Appreciation
7.00%

Purchase Details

Listed on
Apr 15, 2016
Closed on
Jun 15, 2016
Sold by
Kopelman Sandra J
Bought by
Brown Devan
Seller's Agent
Sandra Storrar
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Joel Tucker
Intown Focus Realty, LLC.
List Price
$468,000
Sold Price
$450,000
Premium/Discount to List
-$18,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%
Original Mortgage
$300,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2015
Sold by
Peach Walter J
Bought by
Kopelman Sandra J and Kopelman Sandra J Liv Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 15, 2010
Closed on
May 18, 2012
Sold by
Youthspark Inc
Bought by
Peach Walter J
Seller's Agent
Sandra Storrar
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Sandra Storrar
Atlanta Fine Homes Sotheby's International
List Price
$275,000
Sold Price
$185,400
Premium/Discount to List
-$89,600
-32.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.41%
Original Mortgage
$176,130
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2001
Sold by
Hayes Aundra
Bought by
Turner Marilyn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2001
Sold by
Turner Marilyn R
Bought by
Fulton County Juvenile Justice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 1997
Sold by
Wells James T
Bought by
Turner Rufus H and Turner Marilyn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
7.46%
Mortgage Type
New Conventional
Source: Public Records

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
Cohn Seth $685,000 --
Brown Devan $450,000 --
Kopelman Sandra J $238,000 --
Peach Walter J $185,400 --
Turner Marilyn R $75,000 --
Fulton County Juvenile Justice $275,000 --
Turner Rufus H $20,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Devan $300,000
Previous Owner Kopelman Sandra J $213,000
Previous Owner Peach Walter J $176,130
Previous Owner Turner Marilyn R $77,000
Previous Owner Turner Marilyn R $50,182
Previous Owner Turner Marilyn R $40,000
Previous Owner Turner Rufus H $141,000
Previous Owner Turner Rufus H $131,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $685,000 -4.3% $221 / Sq Ft
11/10/2021 11/10/21 Price Changed $715,500 +2.3% $230 / Sq Ft
10/02/2021 10/02/21 Price Changed $699,750 -2.2% $225 / Sq Ft
07/30/2021 07/30/21 Price Changed $715,750 -6.8% $230 / Sq Ft
07/18/2021 07/18/21 Price Changed $767,750 +4.1% $247 / Sq Ft
07/17/2021 07/17/21 Price Changed $737,500 -7.5% $237 / Sq Ft
07/09/2021 07/09/21 Price Changed $797,500 +0.3% $257 / Sq Ft
06/30/2021 06/30/21 For Sale $795,000 +76.7% $256 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/15/2016 06/15/16 Sold $450,000 -3.8% $145 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $468,000 +152.4% $151 / Sq Ft
05/18/2012 05/18/12 Sold $185,400 -32.6% $60 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
11/15/2010 11/15/10 For Sale $275,000 -- $89 / 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
2025 $8,002 $317,920 $66,760 $251,160
2023 $7,734 $274,000 $63,840 $210,160
2022 $4,384 $220,480 $51,280 $169,200
2021 $4,025 $171,720 $49,800 $121,920
2020 $4,111 $169,680 $49,200 $120,480
2019 $4,038 $166,640 $48,320 $118,320
2018 $5,085 $162,760 $47,200 $115,560
2017 $3,231 $95,200 $25,160 $70,040
2016 $3,821 $95,200 $25,160 $70,040
2015 $3,619 $89,880 $23,760 $66,120
2014 $3,740 $89,880 $23,760 $66,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 9006627

Georgia MLS

APN: 08-2500-0104-028-0