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7882 Waterlace Drive

7882 Waterlace Drive, Fairburn, GA 30213
Property in Fulton
Sold May 28, 2021
$325,000
$308,750 by United Wholesale
Mortgage Due Jan 01, 2051
Sold Jun 09, 2005
$321,300
$256,950 by Ryland Mtg Co
Mortgage Due May 28, 2035
7882 Waterlace Drive has been categorized by the local assessors in Fairburn, GA as a residential type of property. The building on the property was first built in 2004 and is 20 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7882 Waterlace Drive has 3,705 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 20,081 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 400 sqft. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B- by the local assessor. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, the home is utilizing gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in May 28, 2021 for $325,000. That's $87.72 per sqft. Prior to that sales transaction, the property was also sold in May 28, 2005 for $321,300. 7882 Waterlace Drive was last assessed in 2023. The total value of the property was assessed at $175,000. Specifically, the land the property is located on was valued at $48,080. While improvements on the property were assessed at a total of $126,920. 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 $4,940. 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. 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: 18
  • Building Condition: Good
  • Building Quality: B-
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,081
  • Total Building Area: 3,705
  • Building Area: 3,705
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,705
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKES AT CEDAR GROVE
  • Land Acres: 0.461
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KA THE LAKES AT CEDAR GROVE CORRECTED DATA 917

Ownership

  • Current Owner : HOUPE ARTHUR LEE
  • Previous Owner : GERENA GEORGE
  • Owner Before Previous Owner: RYLAND GRP INC
  • 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 140001183879
  • Lot: 485
  • Municipality: UNINCORPORATED SOUTH FULTON
  • Latitude: 33.5782
  • Longitude: -84.6387

    Address

  • Full Address: 7882 Waterlace Dr
  • Address - House Number: 7882
  • 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: $4,940
  • Tax Rate Code Area: 55

    Appraisal Valuation

  • Standard Deviation: 0.2184
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 444,979
  • High Value: 542,167
  • Low Value: 347,792

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $308,750
  • First Open Lien Mortgage Lender: UNITED WHOLESALE
  • First Open Lien Mortgage Recording Date: May 28, 2021
  • First Open Lien Mortgage Loan Amount: $308,750
  • 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: $437,500
  • Market Land Value: $120,200
  • Market Improvement Value: $317,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,000
  • Assessed Land Value: $48,080
  • Assessed Improvements Value: $126,920

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: May 28, 2021
  • Current Sale Transaction ID: 11840837268
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-028493
  • Previous Sale Recording Date: Jun 09, 2005
  • Previous Sale Contract Date: May 28, 2005
  • Previous Sale Amount: $321,300
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE
  • First Mortgage Transaction Date: May 28, 2021
  • First Mortgage Loan Amount: $308,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: RYLAND MTG CO
  • Previous Mortgage Transaction Date: Jun 09, 2005
  • Previous Mortgage Loan Amount: $256,950
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 28, 2035

About Fulton



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Frequently Asked Questions

What neighborhood is 7882 Waterlace Drive located in?
The 7882 Waterlace Drive is a located in the neighborhood of Fulton in Fulton, Fairburn.
What is the average sales price for listings in 7882 Waterlace Drive?
The average sales price for units in 7882 Waterlace Drive is $0 currently.

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