NOT LISTED FOR SALE

8725 Colonial Place Duluth, GA 30097

Estimated Value: $1,918,329 - $2,127,000

5 Beds
5.5 Baths
9,020 Sq Ft
$224/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $1,350,000 $150 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $12,974/month

234 Days on Market

Highlights

  • Golf Course Community
  • Country Club
  • Heated In Ground Pool
  • Johns Creek Elementary School Rated A
  • Home Theater
  • Home fronts a creek

About This Home

As of June 2014

Custom European-inspired home with all the upgrades. Oversized secluded lot with 18,000 gallon free form heated Goldline Saline pool and 8 person spa. Krogh Custom Cabinetry w/lighting & seeded glass. DCS dual fuel 48' Range-Dual ovens, 6 burner w/double griddle top. 2 master suites,upgraded granite counters. PUMPING SYSTEM PUMPS WATER FROM CREEK TO YARD automatically into sprinkler system - Huge savings! Copper gutters,thousands in window treatments,5 heating/cooling zones. 110' Firehawk silver screen in the theatre and much more!!

Last Listed By

Chris McCarley

Atlanta Fine Homes Sotheby's International License #283806 Listed on: 08/26/2013

Atlanta Fine Homes Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,137

Year Built

  • Built in 2004

Lot Details

  • Home fronts a creek
  • Property fronts a private road
  • Landscaped
  • Private Lot
  • Level Lot
  • Irrigation Equipment
  • Wooded Lot

HOA Fees

  • $196 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • European Architecture
  • Stone Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 9,020 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Rear Stairs
  • Bookcases
  • Beamed Ceilings
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • 4 Fireplaces
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Home Gym
  • Keeping Room
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Indoor Grill
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Home Security

  • Security System Owned
  • Security Gate
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Hallway

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Pool

  • Heated In Ground Pool
  • Spa
  • Gunite Pool

Outdoor Features

  • Deck
  • Patio

Schools

  • Johns Creek Elementary School
  • Riverwatch Middle School
  • Lambert High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 758 / 26
  • Assessor Parcel Number 8725ColonialPL

Community Details

Overview

  • $1,500 Initiation Fee
  • Access Management Association
  • St Marlo Subdivision

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Golf Course Community
  • Country Club
  • Tennis Courts
  • Community Playground
  • Swim or tennis dues are required
  • Community Pool

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,137

Year Built

Built in 2004

Lot Details

0

HOA Fees

$196 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: European
  • Property Condition: Resale
  • Year Built: 2004
  • Accessibility Features: Accessible Hallway(s)
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Factory Built, Gas Log, Gas Starter
  • Number Of Fireplaces: 4
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Indoor Grill, Microwave
  • Interior Amenities: Beamed Ceilings, Bookcases, Cathedral Ceiling(s), Central Vacuum, Entrance Foyer 2 Story, High Ceilings 10 ft Lower, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Stone Counters, Eat-in Kitchen, Kitchen Island, Keeping Room, Pantry Walk-In, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Exercise Room, Family Room, Living Room, Media Room, Office
  • Dining Room Features: Butlers Pantry, Separate Dining Room
  • Square Footage: 9020.00
  • Spa Features: Private
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Full Baths: 5
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Construction Materials: Brick 4 Sides, Stone
  • Patio And Porch Features: Deck, Patio
  • Exterior Features: Rear Stairs
  • Pool Features: Gunite, Heated, In Ground

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Security Gate, Security Service, Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Heat Pump, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Country Club, Gated, Golf Course, Homeowners Assoc, Playground, Pool, Restaurant, Sidewalks, Tennis Court(s)
  • Association Fee: 2350
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Subdivision Complex: St Marlo

Association/Amenities

  • Management Company: Access Management

Schools

  • Elementary School: Johns Creek
  • Middle School: Riverwatch
  • High School: Lambert

Lot Info

  • Lot: 758
  • Land/Lot: 1216
  • Section G M D: 1
  • Plat Book: 70
  • Plat Page: 264-2
  • Lot Features: Landscaped, Level, Private, Wooded
  • Lot Dimensions: .58
  • Parcel Number: 8725ColonialPL
  • Property Attached Yn: No

Green Features

  • Efficiency: Insulation, Thermostat, Windows

Rental Info

  • Initiation Fee: 1500

Tax Info

  • Taxes: 7137.00
  • Assessor Parcel Number: 161-000-086
  • Close Date: 2014-06-27
  • Tax Year: 2012

Multi Family

  • Waterfront Features: Creek

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Johns Creek
  • High School: Lambert
  • Middle School: Riverwatch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2013
Closed on
Jun 27, 2014
Sold by
Lippert Michael L
Bought by
Mocherla Omshanti and Mocherla Sashibhushan
Seller's Agent
Chris McCarley
Atlanta Fine Homes Sotheby's International
Buyer's Agent
GRANT J ADAMS
NOT A VALID MEMBER
List Price
$1,479,000
Sold Price
$1,350,000
Premium/Discount to List
-$129,000
-8.72%
Total Days on Market
234
Current Estimated Value
$2,023,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$673,776
Avg. Annual Appreciation
3.79%
Original Mortgage
$999,950
Outstanding Balance
$772,957
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$1,250,819

Purchase Details

Closed on
Jun 25, 2004
Sold by
Potts Lindsey and Proper Garmon Proper
Bought by
Lippert Michael I and Lippert Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Mocherla Omshanti $1,350,000 --
Lippert Michael I $1,251,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mocherla Omshanti $999,950
Previous Owner Lippert Michael I $230,000
Previous Owner Lippert Michael I $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $1,350,000 -8.7% $150 / Sq Ft
04/17/2014 04/17/14 Pending -- -- --
08/26/2013 08/26/13 For Sale $1,479,000 -- $164 / 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
2024 $18,048 $735,972 $80,000 $655,972
2023 $16,465 $668,940 $72,000 $596,940
2022 $14,297 $449,288 $60,000 $389,288
2021 $12,407 $449,288 $60,000 $389,288
2020 $11,487 $415,972 $60,000 $355,972
2019 $11,321 $409,384 $60,000 $349,384
2018 $11,891 $429,996 $60,000 $369,996
2017 $11,667 $420,384 $60,000 $360,384
2016 $11,112 $400,384 $40,000 $360,384
2015 $11,132 $400,384 $40,000 $360,384
2014 $9,060 $345,504 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris McCarley

    Seller's Agent in 2014

    Chris McCarley

    Atlanta Fine Homes Sotheby's International Realty

    (678) 294-5185

    12 in this area

    51 Total Sales

    Chris McCarley
    Section Image

  • J

    Seller Co-Listing Agent in 2014

    Jackye McCarley

    Atlanta Fine Homes Sotheby's International Realty

    (678) 478-7636

    9 in this area

    33 Total Sales

    Jackye McCarley
    Section Image

  • G

    Buyer's Agent in 2014

    GRANT J ADAMS

    NOT A VALID MEMBER

    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5189310

First Multiple Listing Service (FMLS)

APN: 161-086

Georgia Forsyth County Duluth 30097

8725 Colonial Place, Duluth, GA

Homes for Sale in Duluth, GA

This home is located at 8725 Colonial Place, Duluth, GA 30097 since 26 August 2013 and is currently estimated at $2,023,776, approximately $224 per square foot. This property was built in 2004. 8725 Colonial Place is a home located in Forsyth County with nearby schools including Johns Creek Elementary School, Riverwatch Middle School, and Lambert High School.

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