NOT LISTED FOR SALE

8800 Serenbe Rd Palmetto, GA 30268

Estimated Value: $1,462,000 - $1,705,000

5 Beds
4.5 Baths
4,216 Sq Ft
$373/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $1,165,000 $276 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $10,275/month

112 Days on Market

Highlights

  • Community Stables
  • Open-Concept Dining Room
  • Fishing
  • Fitness Center
  • Home Theater
  • 5 Acre Lot

About This Home

As of September 2020

This beautiful home in the Serenbe Farmettes has the most direct access to Serenbe via trail access. Enjoy total privacy while still having the Serenbe lifestyle experience. The home boasts a massive open kitchen/dining/living room with exposed beams in its cathedral ceilings. Huge L-shaped back porch becomes a secondary living space. The large master suite has dual closets and vanities and separate soaking tub and huge walk-in shower. Downstairs are three generous bedroom and a media room. This bright and cheerful home is the perfect place to entertain a crowd.

Last Agent to Sell the Property

Karen Reed

Compass License #327388 Listed on: 03/26/2020

Compass

Last Buyer's Agent

Karen Reed

Compass License #327388 Listed on: 03/26/2020

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,410

Year Built

  • Built in 2017

Lot Details

  • 5 Acre Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $113 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Drive Under Main Level
  • Driveway

Home Design

  • Traditional Architecture
  • Rustic Architecture
  • Cabin
  • Frame Construction
  • Copper Roof

Interior Spaces

  • 4,216 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Great Room with Fireplace
  • Open-Concept Dining Room
  • Home Theater
  • Wood Flooring
  • Security System Owned

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Dual Closets
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Garage Access
  • Natural lighting in basement

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Well
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Additional Features

  • Wrap Around Porch
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 08 140000513249

Community Details

Overview

  • $231 Initiation Fee
  • Serenbe Town Association, Phone Number (404) 493-4521
  • Serenbe Subdivision
  • Community Lake

Amenities

  • Restaurant

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Fishing
  • Park
  • Dog Park
  • Community Stables

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,410

Year Built

Built in 2017

Lot Details

0

HOA Fees

$113 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin, Rustic, Traditional
  • Property Condition: Resale
  • Year Built: 2017
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Gas Starter, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, ENERGY STAR Qualified Appliances, Refrigerator, Gas Range, Gas Water Heater, Gas Oven, Microwave, Self Cleaning Oven, Washer
  • Interior Amenities: High Ceilings 10 ft Main, High Ceilings 9 ft Lower, Cathedral Ceiling(s), Double Vanity, High Speed Internet, Beamed Ceilings, His and Hers Closets, Walk-In Closet(s)
  • Basement: Daylight, Driveway Access, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Stone Counters, Kitchen Island, Pantry Walk-In, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Media Room, Other
  • Dining Room Features: Open Concept
  • Square Footage: 4216.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 3
  • Main Bedrooms: 2
  • Total Bathrooms: 5
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Lower Full Bathrooms: 2
  • Main Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Copper
  • Patio And Porch Features: Wrap Around

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Drive Under Main Level, Driveway, Garage

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Security: Security System Owned
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Underground Utilities
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Trash
  • Community Features: Fishing, Homeowners Assoc, Lake, Park, Dog Park, Fitness Center, Playground, Restaurant, Sidewalks, Stable(s), Street Lights, Tennis Court(s)
  • Association Fee: 1360
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 404-493-4521
  • Management Company Email: serenbetownassociation@Serenbe.com
  • Subdivision Complex: Serenbe

Association/Amenities

  • Management Company: Serenbe Town Association

Schools

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

Lot Info

  • Acres: 4.9990
  • Land/Lot: 51
  • Deed Book: 58228
  • Deed Page: 683
  • Plat Book: 370
  • Plat Page: 79
  • Lot Features: Level, Pasture, Sloped, Wooded
  • Parcel Number: 08 140000513249
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 231

Tax Info

  • Taxes: 1410.00
  • Assessor Parcel Number: 08-1400-0051-324-9
  • Close Date: 2020-09-30
  • Tax Year: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2020
Closed on
Sep 30, 2020
Sold by
White Alison Lee
Bought by
Merriman Michael and Jbbh Trust
Seller's Agent
Karen Reed
Compass
Buyer's Agent
Karen Reed
Compass
List Price
$1,200,000
Sold Price
$1,165,000
Premium/Discount to List
-$35,000
-2.92%
Current Estimated Value
$1,574,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,034
Avg. Annual Appreciation
7.02%
Original Mortgage
$932,000
Outstanding Balance
$832,703
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$792,945

Purchase Details

Closed on
Nov 8, 2017
Sold by
Mckinney Builders Inc
Bought by
White Alison Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 1, 2017
Closed on
Mar 16, 2017
Sold by
Ferrari Kim
Bought by
Mckinney Builders Inc
Seller's Agent
Karen Reed
Compass
Buyer's Agent
Sandra Storrar
Atlanta Fine Homes Sotheby's International
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.38%
Original Mortgage
$720,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2015
Sold by
Reemtsma Family Friendship Llp
Bought by
Ferrari Kim and Ferrari Pierre
Source: Public Records

Range of Values:

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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
Merriman Michael $1,165,000 --
White Alison Lee $864,047 --
Mckinney Builders Inc $295,000 --
Ferrari Kim $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merriman Michael $249,999
Open Merriman Michael $932,000
Previous Owner White Alison Lee $424,100
Previous Owner White Alison Lee $352,678
Previous Owner Mckinney Builders Inc $720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $1,165,000 -2.5% $276 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
03/30/2020 03/30/20 Price Changed $1,195,000 -0.4% $283 / Sq Ft
03/26/2020 03/26/20 For Sale $1,200,000 +306.8% $285 / Sq Ft
03/16/2017 03/16/17 Sold $295,000 -9.2% --
01/26/2017 01/26/17 Pending -- -- --
01/01/2017 01/01/17 For Sale $325,000 -- --
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 $19,019 $550,560 $41,840 $508,720
2023 $15,642 $554,160 $41,840 $512,320
2022 $17,830 $504,960 $41,840 $463,120
2021 $17,051 $466,000 $38,560 $427,440
2020 $13,448 $355,840 $79,000 $276,840
2019 $13,727 $362,040 $90,080 $271,960
2018 $13,050 $341,400 $75,800 $265,600
2017 $1,410 $36,000 $36,000 $0
2016 $1,445 $36,000 $36,000 $0
2015 $1,449 $36,000 $36,000 $0
2014 -- $36,000 $36,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6702386

First Multiple Listing Service (FMLS)

APN: 08-1400-0051-324-9