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505 Teresa Lane

505 Teresa Lane, Canton, GA 30115
Sold Apr 25, 2019
$300,000
$210,000 by Prosperity Home Mortgage
Mortgage Due Jan 01, 2049
Sold Oct 14, 2003
$208,000
$166,400 by Wells Fargo Hm Mtg Inc
Mortgage Due Jun 16, 2033
Local assessors in Canton, GA have categorized 505 Teresa Lane as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 50,530 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 505 Teresa Lane has a total of 2,778 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable style roof that was made of wood shake/ shingles. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of decorative/custom materials. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 505 Teresa Lane sold most recently in Apr 25, 2019 for a total of $300,000. If you work out the math, that's approximately a cost of $107.99 per sqft. Before that, the property was also sold for $208,000 in Jun 16, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,506 in taxes each year. 505 Teresa Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $185,356. If we break it down further, the land itself was valued at $40,800. Improvements to the property, however, were assessed at a total of $144,556. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway

Parking

RV Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Decorative/custom materials
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 1,527
  • Garage Type: Detached
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 50,530
  • Total Building Area: 2,778
  • Gross Building Area: 4,415
  • Building Area: 2,778
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,778
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HICKORY PLANTATION
  • Land Acres: 1.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L 31, HICKORY PLANTATION PB 35 PG 99

Ownership

  • Current Owner : NORRIS MARGARET B
  • Current Owner 2: NORRIS PHILLIP S
  • Previous Owner : CAZENAVE JONATHAN
  • Owner Before Previous Owner: PRATHER LARRY L
  • Owner Before Previous Owner 2: PRATHER JANICE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cherokee County School District
  • School Tax School District: C STAT
  • Census Tract: 090808

Zoning

  • Zoning: R-40

Geography

  • Account Number: 96106640
  • District: 1
  • Parcel: 15N26 085
  • Municipality: UNINCORPORATED AREA
  • Latitude: 34.1737
  • Longitude: -84.4272

    Address

  • Full Address: 505 Teresa Ln
  • Address - House Number: 505
  • Address - Street Name: Teresa
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Canton
  • Carrier Code: R069
  • 4-Digit Zip Code: 9243
  • Zip Code: 30115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,506
  • Tax Rate Code Area: SCH SCHB C

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 524,415
  • High Value: 606,457
  • Low Value: 442,372

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $210,000
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 25, 2019
  • First Open Lien Mortgage Loan Amount: $210,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2049

    Market Valuation

  • Market Total Value: $463,390
  • Market Land Value: $102,000
  • Market Improvement Value: $361,390

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,356
  • Assessed Land Value: $40,800
  • Assessed Improvements Value: $144,556

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 25, 2019
  • Current Sale Recording Date: Apr 25, 2019
  • Current Sale Transaction ID: 11607631790
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-004013
  • Previous Sale Recording Date: Oct 14, 2003
  • Previous Sale Contract Date: Jun 16, 2003
  • Previous Sale Amount: $208,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE
  • First Mortgage Transaction Date: Apr 25, 2019
  • First Mortgage Loan Amount: $210,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HM MTG INC
  • Previous Mortgage Transaction Date: Oct 14, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $166,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 16, 2033

About Hickory Flat



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Nearby Rentals

Unit for rent at 208 Carrington Way, Canton, GA, 30115

$2,300 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,848 ft²
208 Carrington Way, Canton, GA, 30115 Listing by Jessica Craven

Frequently Asked Questions

What neighborhood is 505 Teresa Lane located in?
The 505 Teresa Lane is a house located in the neighborhood of Hickory Plantation in Hickory Flat, Canton.
What is the average sales price for listings in 505 Teresa Lane?
The average sales price for units in 505 Teresa Lane is $0 currently.

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