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5240 Skidaway Drive

5240 Skidaway Drive, Alpharetta, GA 30022
Property in Cameron Forest
Sold Jun 18, 2021
$355,000
Buyer
Seller
$266,250 by Amwest Funding
Mortgage Due Jan 01, 2051
Sold Oct 07, 2013
$220,000
$132,000 by Metro City Bank
Mortgage
5240 Skidaway Drive in Alpharetta, GA was first built in 1985 and is 39 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5240 Skidaway Drive has 1,708 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,036 sqft and has been categorized as a full basement. In total, the area measurement of the land is 17,990 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage underground or in the basement. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B-. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5240 Skidaway Drive sold most recently in Jun 18, 2021 for a total of $355,000. If you work out the math, that's approximately a cost of $207.85 per sqft. Before that, the property was also sold for $220,000 in Oct 7, 2013. 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 $5,190 in taxes each year. 5240 Skidaway Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $183,880. If we break it down further, the land itself was valued at $42,760. Improvements to the property, however, were assessed at a total of $141,120. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: B-
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,036
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,990
  • Total Building Area: 1,708
  • Building Area: 1,708
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,708
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CAMERON FRST/STATE BRIDGE
  • Land Acres: 0.413
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LI TAO
  • Previous Owner : LI YONG
  • Owner Before Previous Owner: MORKHANDIKAR VAISHALI

Neighborhood

  • School District Name: Fulton County School District
  • Census Tract: 011658

Zoning

  • Zoning: R3C

Geography

  • District: 57
  • Parcel: 11 059102210161
  • Block: D
  • Lot: 2
  • Municipality: CITY OF JOHNS CREEK
  • Latitude: 34.0324
  • Longitude: -84.2068

    Address

  • Full Address: 5240 Skidaway Dr
  • Address - House Number: 5240
  • Address - Street Name: Skidaway
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Alpharetta
  • Carrier Code: R091
  • 4-Digit Zip Code: 4578
  • Zip Code: 30022

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,190
  • Tax Rate Code Area: 57

    Appraisal Valuation

  • Standard Deviation: 0.2098
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 497,362
  • High Value: 601,735
  • Low Value: 392,989

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $266,250
  • First Open Lien Mortgage Lender: AMWEST FUNDING
  • First Open Lien Mortgage Recording Date: Jun 18, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $266,250
  • 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, 2051

    Market Valuation

  • Market Total Value: $459,700
  • Market Land Value: $106,900
  • Market Improvement Value: $352,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,880
  • Assessed Land Value: $42,760
  • Assessed Improvements Value: $141,120

    Sales

  • Current Sale Contract Date: Jun 18, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Transaction ID: 11841906938
  • Current Sale Price: $355,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-028986
  • Previous Sale Recording Date: Oct 07, 2013
  • Previous Sale Contract Date: Oct 07, 2013
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMWEST FUNDING
  • First Mortgage Transaction Date: Jun 18, 2021
  • First Mortgage Loan Amount: $266,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: METRO CITY BANK
  • Previous Mortgage Transaction Date: Oct 14, 2013
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $132,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Cameron Forest



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Frequently Asked Questions

What neighborhood is 5240 Skidaway Drive located in?
The 5240 Skidaway Drive is a located in the neighborhood of Cameron Forest in Cameron Forest, Alpharetta.
What is the average sales price for listings in 5240 Skidaway Drive?
The average sales price for units in 5240 Skidaway Drive is $0 currently.

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