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5177 Lake Forrest Drive

5177 Lake Forrest Drive, Atlanta, GA 30342
Property in Fulton
Sold Nov 29, 2010
$700,000
$250,000 by Bank Of America
Mortgage Due Nov 08, 2040
Sold Sep 14, 2009
$685,000
$417,000 by Fidelity Bk Mtg
Mortgage Due Aug 31, 2039
Local assessors in Atlanta, GA have categorized 5177 Lake Forrest Drive as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 27,007 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 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 5 full bathrooms. There are also 6 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 5177 Lake Forrest Drive has a total of 4,524 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 840 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. 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 - A+. Lots of rock and stone were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home has been utilizing gas for fuel. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5177 Lake Forrest Drive was last sold in Nov 8, 2010 for $700,000. According to our calculations, that's $154.73 per sqft. Prior to that sales transaction, the property was sold for $685,000 in Aug 31, 2009. Current property owners are expected to pay $12,032 in taxes per year. The property on 5177 Lake Forrest Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $426,280. To break that down further, the land itself was valued at $199,560. While improvements to the property were assessed at a total of $226,720. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 26
  • Building Condition: Excellent
  • Building Quality: A+
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Rock and stone
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 840
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 27,007
  • Total Building Area: 4,524
  • Building Area: 4,524
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 4,524
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GE COLEMAN PROP
  • Land Acres: 0.62
  • Standard Land Use Code: Single family residential
  • Legal Description 1: AN DATA VERIFIED AN SPLIT FROM 006-8 MAINTENCE (FENCE COMP. 512

Ownership

  • Current Owner : HENRY DAYTON L
  • Current Owner 2: HENRY PAMELA J
  • Previous Owner : FRANCO NATALIA P
  • Owner Before Previous Owner: CHASEFLEX TRUST 2007-3
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fulton County School District
  • Census Tract: 010212

Zoning

  • Zoning: RE2

Geography

  • District: 59
  • Parcel: 17 009200020191
  • Lot: 6
  • Municipality: CITY OF SANDY SPRINGS
  • Latitude: 33.8964
  • Longitude: -84.3868

    Address

  • Full Address: 5177 Lake Forrest Dr
  • Address - House Number: 5177
  • Address - Street Name: Lake Forrest
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C026
  • 4-Digit Zip Code: 2218
  • Zip Code: 30342

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,032
  • Tax Rate Code Area: 59

    Appraisal Valuation

  • Standard Deviation: 0.2078
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 1,508,298
  • High Value: 1,821,846
  • Low Value: 1,194,749

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA
  • First Open Lien Mortgage Recording Date: Nov 29, 2010
  • First Open Lien Mortgage Loan Amount: $250,000
  • 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: Nov 08, 2040

    Market Valuation

  • Market Total Value: $1,065,700
  • Market Land Value: $498,900
  • Market Improvement Value: $566,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $426,280
  • Assessed Land Value: $199,560
  • Assessed Improvements Value: $226,720

    Sales

  • Current Sale Contract Date: Nov 08, 2010
  • Current Sale Recording Date: Nov 29, 2010
  • Current Sale Transaction ID: 1083601734
  • Current Sale Price: $700,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 14, 2009
  • Previous Sale Contract Date: Aug 31, 2009
  • Previous Sale Amount: $685,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA
  • First Mortgage Transaction Date: Nov 29, 2010
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 08, 2040

    Previous Mortgages

  • Previous Mortgage Lender: FIDELITY BK MTG
  • Previous Mortgage Transaction Date: Sep 14, 2009
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 31, 2039

About Sandy Springs



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Frequently Asked Questions

What neighborhood is 5177 Lake Forrest Drive located in?
The 5177 Lake Forrest Drive is a located in the neighborhood of Fulton in Sandy Springs, Atlanta.
What is the average sales price for listings in 5177 Lake Forrest Drive?
The average sales price for units in 5177 Lake Forrest Drive is $0 currently.

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