NOT LISTED FOR SALE

465 Letchas Ln Alpharetta, GA 30009

Estimated Value: $918,000 - $1,023,587

3 Beds
3.5 Baths
2,333 Sq Ft
$414/Sq Ft Est. Value

Last Sold March 16, 2023

Last sale price $850,000 $364 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,564/month

7 Days on Market

Highlights

  • No Units Above
  • Wood Flooring
  • Great Room
  • Manning Oaks Elementary School Rated A-
  • High Ceiling
  • Walk-In Pantry

About This Home

As of March 2023

LOCATION, LOCATION, LOCATION! This GORGEOUS townhome is IMMACULATE and located inside EAST OF MAIN IN THE HEART OF DOWNTOWN ALPHARETTA AND JUST MINUTES FROM AVALON! Enjoy all the shops, dining, entertaining, Saturday morning Farmer's market, concerts, and much more right outside your neighborhood! You will love the luxury of having your kitchen, casual dining, and great room all on the main level. The chef's kitchen has an expansive amount of counter space and an abundance of cabinets which go to the ceiling, walk in pantry and, a double sliding door that open onto the private outdoor courtyard, which makes this home perfect for entertaining or just enjoying the outside air in PEACE AND TRANQUILITY ON THE OUTSIDE PATIO! The expansive kitchen and large casual dining room overlook, the beautiful fireside family room, complete with upgraded fireplace surround and custom mantle and floating shelving. A generous sized owners suite on the second floor has 2 walk-in closets and large walk-in shower. The laundry is conveniently located on the 2nd level along with a large secondary guest room and En suite bath. The 3rd floor has a massive secondary bedroom/workout room/office with bath, walk-in closet, along with walk-in attic storage. The garage also has added storage. This townhome is situated on a beautiful homesite directly across the street from the largest community pocket park! The neutral color palette is a designer's dream! All making this the perfect place to call home! THIS IS A RARE FIND IN ONE OF THE MOST COVETED COMMUNITIES IN DOWNTOWN ALPHARETTA . . .your buyers won't want to miss this one!! PLEASE REMOVE SHOES OR WEAR SUPPLIED BOOTIES WHILE TOURING THIS HOME!!!

Last Listed By

Linda Flaherty

Dorsey Alston, Realtors License #177138 Listed on: 02/02/2023

Dorsey Alston, Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,292

Year Built

  • Built in 2017

Lot Details

  • 2,178 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Zero Lot Line

HOA Fees

  • $23 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 3-Story Property
  • Roommate Plan
  • High Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity

Laundry

  • Laundry in Hall
  • Laundry on upper level

Home Security

Parking

  • Garage
  • Parking Accessed On Kitchen Level
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Schools

  • Manning Oaks Elementary School
  • Hopewell Middle School
  • Alpharetta High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Thermostat
  • Patio
  • Property is near shops

Listing and Financial Details

  • Tax Lot 67

Community Details

Overview

  • $1,626 Initiation Fee
  • Association fees include insurance, maintenance exterior, ground maintenance, pest control, reserve fund, trash
  • East Of Main Subdivision

Recreation

  • Park

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,292

Year Built

Built in 2017

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Property Type: Residential
  • District: 2ND
  • Section: 2ND
  • Year Built: 2017
  • Main Level Half Bathrooms: 1
  • Financing Type: Conventional
  • GreenEnergyEfficient: Thermostat
  • Levels: Three Or More
  • Lot Size Acres: .05
  • Property Sub-Type: Townhouse
  • Structure Type: Other
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Bedrooms: 3
  • Basement: None
  • Interior Amenities: Double Vanity, High Ceilings, Roommate Plan, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Factory Built, Family Room, Gas Log
  • Flooring: Carpet, Hardwood, Tile
  • Kitchen Features: Breakfast Bar, Walk-in Pantry
  • Window Features: Double Pane Windows

Beds/Baths

  • Upper Level Full Bathrooms: 3

Exterior Features

  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Construction Materials: Concrete
  • Foundation Details: Slab
  • Lot Features: Level, Zero Lot Line
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage, Garage Door Opener, Kitchen Level, Side/Rear Entrance

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Forced Air, Natural Gas, Zoned
  • Laundry Features: In Hall, Upper Level
  • Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Sewer: Public Sewer, Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 271
  • Association: Yes
  • Community Features: Park, Sidewalks, Street Lights, Walk To Shopping

Fee Information

  • Initiation Fee: 1626
  • Association Fee Includes: Insurance, Maintenance Exterior, Maintenance Grounds, Pest Control, Reserve Fund, Trash

Schools

  • Elementary School: Manning Oaks
  • High School: Alpharetta
  • Middle School: Hopewell
  • Elementary School: Manning Oaks
  • Middle School: Hopewell
  • High School: Alpharetta

Lot Info

  • Land Lot: 1268
  • Lot: 67
  • Plat Book: 397
  • Plat Page: 104

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5292

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2024
Sold by
Pugh Steven Lucas
Bought by
Pugh Shannon Mercer
Total Days on Market
7
Current Estimated Value
$965,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2023
Closed on
Mar 16, 2023
Sold by
Grob Matthew Alan
Bought by
Pugh Shannon Mercer and Pugh Steven Lucas
Seller's Agent
Linda Flaherty
Dorsey Alston, Realtors
Buyer's Agent
Jodi Halpert
BHHS Georgia Properties
List Price
$850,000
Sold Price
$850,000
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%
Original Mortgage
$680,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2017
Sold by
Providence Group Of Georgia Custo
Bought by
Grob Matthew A and Grob Maria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,275
Interest Rate
3.93%
Mortgage Type
VA

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pugh Shannon Mercer -- --
Pugh Shannon Mercer $850,000 --
Grob Matthew A $495,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pugh Shannon Mercer $672,000
Previous Owner Pugh Shannon Mercer $680,000
Previous Owner Grob Matthew Alan $447,300
Previous Owner Grob Matthew A $477,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2023 03/16/23 Sold $850,000 0.0% $364 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $850,000 -- $364 / Sq Ft
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $1,955 $343,360 $108,360 $235,000
2022 $5,292 $233,320 $39,600 $193,720
2021 $6,270 $226,520 $38,440 $188,080
2020 $6,325 $239,320 $60,120 $179,200
2019 $967 $202,920 $23,080 $179,840
2018 $5,112 $193,200 $17,560 $175,640
2017 $717 $20,520 $20,520 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Georgia MLS

MLS Number: 10128840

Georgia MLS

APN: 22-4984-1268-147-0