NOT LISTED FOR SALE

7571 The Lakes Dr Fairburn, GA 30213

Estimated Value: $421,487 - $506,000

5 Beds
4 Baths
3,317 Sq Ft
$138/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $307,000 $93 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,774/month

Highlights

  • Sitting Area In Primary Bedroom
  • Dining Room Seats More Than Twelve
  • Private Lot
  • Community Lake
  • Clubhouse
  • Traditional Architecture

About This Home

As of March 2018

This executive two story 5bdrm/4bath home is situated on a private level Half Acre homesite! Welcoming 2 story foyer opens into the formal dining and living room.2 story family room opens into an incredible gourmet kitchen with custom oversized island, granite countertops and cabinets. First floor guest bedroom with full bath is another great feature. luxurious master suite and bath will be your perfect retreat.Oversized secondary bedrooms is a must see, including an additional bedroom with full private bath. The covered patio is perfect for entertaining and relaxing.

Last Agent to Sell the Property

Machelle Roland-Moody

Maximum One Realty Partners License #206408 Listed on: 11/05/2017

Maximum One Realty Partners

Last Buyer's Agent

James Phillips

NOT A VALID MEMBER License #268575

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,506

Year Built

  • Built in 2005

Lot Details

  • 0.51 Acre Lot
  • Private Lot
  • Level Lot

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 3,317 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 10 feet on the lower level
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Second Story Great Room
  • Living Room
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Schools

  • Renaissance Elementary And Middle School
  • Langston Hughes High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater

Additional Features

  • Accessible Entrance
  • Energy-Efficient Thermostat

Listing and Financial Details

  • Assessor Parcel Number 07 140001170751

Community Details

Overview

  • Lakes At Cedar Grove Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,506

Year Built

Built in 2005

Lot Details

0

HOA Fees

$63 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2005
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Double Oven, Gas Range, Gas Water Heater
  • Interior Amenities: Entrance Foyer 2 Story, High Ceilings 10 ft Lower, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Breakfast Room, Kitchen Island, Pantry Walk-In, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 2 Story, Living Room, Office
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 3317.00

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Sitting Room
  • Main Bedrooms: 1
  • Total Full Baths: 4
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Brick 3 Sides
  • Roof Type: Composition

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Garage, Garage Door Opener, Kitchen Level, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Homeowners Assoc, Lake, Park, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Lakes at Cedar Grove

Schools

  • Elementary School: Renaissance
  • Middle School: Renaissance
  • High School: Langston Hughes

Lot Info

  • Acres: 0.5085
  • Lot Features: Level, Private
  • Lot Dimensions: 1/2 acre
  • Parcel Number: 07 140001170751
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat

Tax Info

  • Taxes: 3506.00
  • Assessor Parcel Number: 07-1400-0117-075-1
  • Close Date: 2018-03-23
  • Tax Year: 2016

MLS Schools

  • Elementary School: Renaissance
  • High School: Langston Hughes
  • Middle School: Renaissance

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2018
Bought by
Major Stephen L
Current Estimated Value
$458,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,650
Outstanding Balance
$253,839
Interest Rate
4.6%
Estimated Equity
$204,783

Purchase Details

Listed on
Nov 5, 2017
Closed on
Mar 23, 2018
Sold by
Garcia George
Bought by
Major Stephen Lloyd and Major Dianna Kay
Seller's Agent
Machelle Roland-Moody
Maximum One Realty Partners
Buyer's Agent
James Phillips
NOT A VALID MEMBER
List Price
$320,000
Sold Price
$307,000
Premium/Discount to List
-$13,000
-4.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Original Mortgage
$291,650
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2004
Sold by
Cedar Grove Lakes Llc
Bought by
Bowen Family Homes Inc
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
Major Stephen L $307,000 --
Major Stephen Lloyd $307,000 --
Bowen Family Homes Inc $1,762,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Major Stephen L $291,650
Closed Major Stephen L --
Previous Owner Major Stephen Lloyd $291,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2018 03/23/18 Sold $307,000 -2.5% $93 / Sq Ft
02/16/2018 02/16/18 Pending -- -- --
01/10/2018 01/10/18 Price Changed $315,000 -1.6% $95 / Sq Ft
11/05/2017 11/05/17 For Sale $320,000 -- $96 / 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 $3,353 $165,440 $41,240 $124,200
2023 $5,049 $178,880 $49,440 $129,440
2022 $3,169 $142,280 $28,280 $114,000
2021 $3,121 $118,600 $23,200 $95,400
2020 $3,127 $108,800 $16,000 $92,800
2019 $3,210 $106,880 $15,720 $91,160
2018 $4,156 $118,080 $15,360 $102,720
2017 $3,505 $86,000 $13,680 $72,320
2016 $3,506 $86,000 $13,680 $72,320
2015 $3,516 $86,000 $13,680 $72,320
2014 $3,708 $86,000 $13,680 $72,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5930012

First Multiple Listing Service (FMLS)

APN: 07-1400-0117-075-1