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7798 Waterlace Drive

7798 Waterlace Drive, Fairburn, GA 30213
House in Fulton
Sold Sep 21, 2017
$230,000
$218,500 by Quicken Loans Inc
Mortgage Due Nov 22, 2047
Sold May 17, 2013
Transfer
$127,425 by Homestar Financial Corp
Mortgage
Local assessors in Fairburn, GA have categorized 7798 Waterlace Drive as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 11,500 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 7798 Waterlace Drive has a total of 3,460 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 440 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 - B-. Lots of wood 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. The property was last sold in Sep 21, 2017 for $230,000. That's $66.47 per sqft. 7798 Waterlace Drive was last assessed in 2023. The total value of the property was assessed at $158,280. Specifically, the land the property is located on was valued at $42,440. While improvements on the property were assessed at a total of $115,840. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,468. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Good
  • Building Quality: B-
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,500
  • Total Building Area: 3,460
  • Building Area: 3,460
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,460
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKES AT CEDAR GROVE
  • Land Acres: 0.264
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KA THE LAKES AT CEDAR GROVE VERIFIED 917

Ownership

  • Current Owner : SCOTT GEORGIA
  • Previous Owner : 7798 WATERLACE DRIVE LLC
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fulton County School District
  • Census Tract: 010520

Zoning

  • Zoning: MIXU

Geography

  • District: 55
  • Parcel: 07 140001184026
  • Lot: 513
  • Municipality: UNINCORPORATED SOUTH FULTON
  • Latitude: 33.5795
  • Longitude: -84.6397

    Address

  • Full Address: 7798 Waterlace Dr
  • Address - House Number: 7798
  • Address - Street Name: Waterlace
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Fairburn
  • Carrier Code: R010
  • 4-Digit Zip Code: 4647
  • Zip Code: 30213

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,468
  • Tax Rate Code Area: 55

    Appraisal Valuation

  • Standard Deviation: 0.2184
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 433,151
  • High Value: 527,755
  • Low Value: 338,547

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $437,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Nov 22, 2017
  • First Open Lien Mortgage Loan Amount: $218,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 22, 2047
  • Second Open Lien Mortgage Lender: QUICKEN LOANS INC
  • Second Open Lien Mortgage Recording Date: Sep 21, 2017
  • Second Open Lien Mortgage Loan Amount: $218,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2047

    Market Valuation

  • Market Total Value: $395,700
  • Market Land Value: $106,100
  • Market Improvement Value: $289,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,280
  • Assessed Land Value: $42,440
  • Assessed Improvements Value: $115,840

    Sales

  • Current Sale Contract Date: Sep 21, 2017
  • Current Sale Recording Date: Sep 21, 2017
  • Current Sale Transaction ID: 11328210064
  • Current Sale Price: $230,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-037037
  • Previous Sale Recording Date: May 17, 2013
  • Previous Sale Contract Date: May 17, 2013
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Sep 21, 2017
  • First Mortgage Loan Amount: $218,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: HOMESTAR FINANCIAL CORP
  • Previous Mortgage Transaction Date: May 28, 2013
  • Previous Mortgage Loan Amount: $127,425
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Fulton



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Frequently Asked Questions

What neighborhood is 7798 Waterlace Drive located in?
The 7798 Waterlace Drive is a house located in the neighborhood of Fulton in Fulton, Fairburn.
What is the average sales price for listings in 7798 Waterlace Drive?
The average sales price for units in 7798 Waterlace Drive is $242,897 , or $70/sqft. currently.

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