NOT LISTED FOR SALE

1010 Lance Way Bay Greensboro, GA 30642

Estimated Value: $1,402,000 - $1,659,000

5 Beds
4 Baths
4,330 Sq Ft
$343/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $615,000 $142 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $8,384/month

Highlights

  • Marina
  • Boat Ramp
  • Golf Course Community
  • Lake Front
  • Docks
  • Gated Community

About This Home

As of December 2017

Casual, family-friendly Reynolds-Lake Oconee 5 BR home with over 100 ft of lakefront. Great view though broad, quiet cove to big water and one of the best watersports areas on Lake Oconee, with 8 feet of water depth off the max dock (safer swimming, less traffic). Close to Lake Club (2 coves south), Marina and Creek Club. Built in 1997, with $100,000+ of upgrades to master bath, flooring, walk-out lower level (bar/2nd kitchen, office), exterior and landscaping having been completed since 2006; all-new carpets and interior paint in 2016. Seller is a licensed GA Realtor. Seller is making a Club membership available.

Last Agent to Sell the Property

Rhonda Cook

Reynolds Lake Oconee Properties License #210425 Listed on: 02/09/2017

Last Buyer's Agent

KIM & LIN LOGAN TEAM

Kim and Lin Logan Real Estate License #241736

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,012

Year Built

  • Built in 1996

Lot Details

  • 0.64 Acre Lot
  • Lake Front
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Asphalt Shingled Roof

Interior Spaces

  • 4,330 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Crown Molding
  • Cathedral Ceiling
  • Chandelier
  • Entrance Foyer
  • Recreation Room
  • Screened Porch
  • Storage Room
  • Utility Room

Kitchen

  • Breakfast Bar
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Separate Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Docks

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 16

Community Details

Overview

  • Property has a Home Owners Association
  • Reynolds Lake Oconee Subdivision
  • Community Lake

Recreation

  • Boat Ramp
  • Boat Dock
  • RV or Boat Storage in Community
  • Marina
  • Golf Course Community
  • Golf Membership
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,012

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Sub Type: Golf Comm Home
  • Architectural Style: Site Built, Traditional
  • Property Status: Standard Listing
  • Property Features: Paved Walkway
  • Location: Lake Oconee Area
  • Subdivision: REYNOLDS LAKE OCONEE
  • Subdivision Section: CASTLEBRIDGE
  • Directions: Through Lake Club security gate, left onto Brown's Ford, right onto Reynolds Parkway, right onto Kings Way, left on Kings Bridge Road, right onto Lance Way Bay.
  • Golf Membership: Golf
  • Seawall: Wood
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Room Features: Breakfast Bar, Cathedral Ceilings, Chandelier, Crown Moldings, Granite Countertops, Pantry, Separate Shower, Solid Surface Counters, Walk-In Closet, Wet Bar
  • Levels W O Basement: 1 Story
  • Bedrooms: 5
  • Master Bedroom Level: 1
  • Master Bedroom Features: Carpet, Vaulted Ceiling, View
  • Bedroom 2 Level: 1
  • Bedroom 2 Features: Carpet, Window Seat
  • Bedroom 3 Level: 1
  • Bedroom 3 Features: Carpet, Window Seat
  • Bedroom 4 Level: 1
  • Bedroom 4 Features: Carpet, Wall Closet
  • Bedroom 5 Level: B
  • Bedroom 5 Features: Lake view, adjacent hall bath
  • Full Bathrooms: 4
  • Dining Room Level: 1
  • Kitchen Features: Hardwood floors, breakfast bar
  • Kitchen Level: 1
  • Dining Room Features: Carpet, French Doors
  • Living Room Features: Hardwood, Fireplace
  • Living Room Level: 1
  • Utility Level: 1
  • Basement: Yes
  • Other Room1 Description: Office/Bonus
  • Other Room1 Level: B
  • Other Room1 Features: Walk in closet, door to patio
  • Other Room2 Description: Terrace Level Family Room
  • Other Room2 Level: B
  • Other Room2 Features: Full kitchen / bar area
  • Other Rooms: Foyer, Pantry, Recreation Room, Storage
  • Estimated Heated Sq Ft: 4330

Exterior Features

  • Dock: Max Dock
  • Exterior Features: Covered Patio, Screened Porch
  • Lake Access: Private
  • Roof: Asphalt/Comp Shingle
  • Substructure: Full Basement, Outside Entrance, Partial Finished Basement
  • Water Or Water View: Lakefront, Mid Cove

Garage/Parking

  • Garage: 2 Car Attached

Utilities

  • Air Conditioner: Central Electric
  • Heat: Central, Electric
  • Sewer: Septic
  • Tv Cable Communications: Cable, Cable Internet
  • Utility Features: Cabinets, Closet
  • Water Heater: Electric

Association/Amenities

  • Community Features: Boat Ramp, Boat Storage, Clubhouse, Dock, Gated, Marina, Walking Trails, Community Lake/Pond

Condo/Co-op/Association

  • Property Owners Assoc: 1,240
  • Property Owners Assoc: Yes

Lot Info

  • Lot Number: 16
  • Plat Page: PB 15 Pg 52
  • Estimated Number of Acres: 0.64
  • Deed Page: 847 51
  • General Zoning Class: Residential
  • Geo Subdivision: GA
  • Topography: Gentle Slope, Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2017
Closed on
Dec 15, 2017
Sold by
Houghton William H
Bought by
Buchanan Richard D and Buchanan Pamela H
Seller's Agent
Rhonda Cook
Reynolds Lake Oconee Properties
Buyer's Agent
KIM & LIN LOGAN TEAM
Kim and Lin Logan Real Estate
List Price
$797,000
Sold Price
$615,000
Premium/Discount to List
-$182,000
-22.84%
Current Estimated Value
$1,487,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$872,255
Avg. Annual Appreciation
11.94%
Original Mortgage
$424,100
Outstanding Balance
$357,147
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$1,130,108

Purchase Details

Closed on
Jul 3, 2006
Sold by
Miller Jack T
Bought by
Houghton William H and Houghton Deborah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2003
Sold by
Setback Line Agreement
Bought by
Setback Line Agreement

Purchase Details

Closed on
Nov 17, 2003
Sold by
Miller Jack T and Miller Candace D
Bought by
Setback Line Agreement

Purchase Details

Closed on
Jan 11, 2000
Sold by
Miller Jack T and Miller Candace D
Bought by
Miller Jack T and Miller Candace D

Purchase Details

Closed on
Apr 24, 1996
Sold by
Miller Jack T
Bought by
Miller Jack T and Miller Candace D

Purchase Details

Closed on
Aug 29, 1995
Sold by
First Liberty Bank
Bought by
Miller Jack T

Purchase Details

Closed on
Dec 30, 1993
Sold by
Bankruptcy Court
Bought by
First Liberty Bank

Purchase Details

Closed on
Jan 1, 1993
Sold by
Lassiter Properties
Bought by
Bankruptcy Court

Purchase Details

Closed on
Jan 1, 1987
Sold by
Lassiter Henry
Bought by
Lassiter Properties

Purchase Details

Closed on
Jan 1, 1985
Bought by
Lassiter Henry
Source: Public Records

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
Buchanan Richard D $615,000 --
Houghton William H $745,000 --
Setback Line Agreement -- --
Setback Line Agreement -- --
Miller Jack T -- --
Miller Jack T -- --
Miller Jack T $42,700 --
First Liberty Bank -- --
Bankruptcy Court -- --
Lassiter Properties -- --
Lassiter Henry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buchanan Richard D $424,100
Previous Owner Houghton William H $596,000
Previous Owner Houghton William H $74,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2017 12/15/17 Sold $615,000 -22.8% $142 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
02/09/2017 02/09/17 For Sale $797,000 -- $184 / Sq Ft
Source: Lake Country Board of REALTORS®

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
2024 $7,012 $443,120 $115,800 $327,320
2023 $7,912 $432,680 $115,800 $316,880
2022 $5,322 $287,720 $101,800 $185,920
2021 $5,368 $272,520 $101,800 $170,720
2020 $5,183 $237,600 $109,200 $128,400
2019 $5,261 $237,600 $109,200 $128,400
2018 $5,238 $237,600 $109,200 $128,400
2017 $4,893 $236,031 $109,200 $126,831
2016 $4,922 $237,378 $109,200 $128,178
2015 $4,837 $237,378 $109,200 $128,178
2014 $4,734 $226,173 $109,200 $116,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Country Board of REALTORS®

MLS Number: 46215

Lake Country Board of REALTORS®

APN: 057-B-00-015-0