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5580 Timson Lane

5580 Timson Lane, Alpharetta, GA 30022
Sold May 04, 2015
$366,000
$292,000 by Shinhan Bank Of America
Mortgage Due May 04, 2045
Sold Jan 04, 2002
$296,500
Buyer
Seller
$237,200 by North American Mtg Co
Mortgage Due Dec 14, 2032
Local assessors in Alpharetta, GA have categorized 5580 Timson Lane as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 12,240 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 8 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 3 full bathrooms. There are also 4 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 5580 Timson Lane has a total of 3,566 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 480 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 concrete 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, 5580 Timson Lane was last sold in Jan 1, 1970 for $366,000. According to our calculations, that's $102.64 per sqft. Prior to that sales transaction, the property was sold for $296,500 in Dec 14, 2001. Current property owners are expected to pay $7,370 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 5580 Timson Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $261,120. To break that down further, the land itself was valued at $62,080. While improvements to the property were assessed at a total of $199,040. 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. 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.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.

Building Features

Exterior

Brick Exterior
Concrete Exterior

Driveway

Driveway

Parking

Attached Garage
Open Parking
Garage Parking
Covered Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 19
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,240
  • Total Building Area: 3,566
  • Building Area: 3,566
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,566
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MEDLOCK BRIDGE
  • Land Acres: 0.281
  • Standard Land Use Code: Single family residential
  • Legal Description 1: AN FC NC DATA VERIFIED NO CNG

Ownership

  • Current Owner : HAN HYUN CHEOL
  • Current Owner 2: HAN JACQUELINE J
  • Previous Owner : QIU YING
  • Owner Before Previous Owner: RONZE JEROME
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fulton County School District
  • Census Tract: 011629

Zoning

  • Zoning: R4A

Geography

  • District: 57
  • Parcel: 11 081102841357
  • Block: E
  • Lot: 9
  • Municipality: CITY OF JOHNS CREEK
  • Latitude: 34.0296
  • Longitude: -84.1954

    Address

  • Full Address: 5580 Timson Ln
  • Address - House Number: 5580
  • Address - Street Name: Timson
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Alpharetta
  • Carrier Code: R052
  • 4-Digit Zip Code: 8118
  • Zip Code: 30022

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,370
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 57

    Appraisal Valuation

  • Standard Deviation: 0.0884
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 92
  • Final Value: 647,611
  • High Value: 704,860
  • Low Value: 590,362

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $292,000
  • First Open Lien Mortgage Lender: SHINHAN BANK OF AMERICA
  • First Open Lien Mortgage Recording Date: May 04, 2015
  • First Open Lien Mortgage Loan Amount: $292,000
  • 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: May 04, 2045

    Market Valuation

  • Market Total Value: $652,800
  • Market Land Value: $155,200
  • Market Improvement Value: $497,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $261,120
  • Assessed Land Value: $62,080
  • Assessed Improvements Value: $199,040

    Sales

  • Current Sale Recording Date: May 04, 2015
  • Current Sale Transaction ID: 1226507644
  • Current Sale Price: $366,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015-014223
  • Previous Sale Recording Date: Jan 04, 2002
  • Previous Sale Contract Date: Dec 14, 2001
  • Previous Sale Amount: $296,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SHINHAN BANK OF AMERICA
  • First Mortgage Transaction Date: May 13, 2015
  • First Mortgage Loan Amount: $292,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: NORTH AMERICAN MTG CO
  • Previous Mortgage Transaction Date: Jan 04, 2002
  • Previous Mortgage Loan Amount: $237,200
  • Previous Mortgage Term: 370
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 14, 2032

About Medlock Bridge



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Frequently Asked Questions

What neighborhood is 5580 Timson Lane located in?
The 5580 Timson Lane is a house located in the neighborhood of Medlock Bridge in Medlock Bridge, Alpharetta.
What is the average sales price for listings in 5580 Timson Lane?
The average sales price for units in 5580 Timson Lane is $0 currently.

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