NOT LISTED FOR SALE

1020 Sourwood Ridge Greensboro, GA 30642

Estimated Value: $1,029,000 - $1,409,000

4 Beds
3 Baths
2,943 Sq Ft
$396/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $985,000 $335 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,849/month

73 Days on Market

Highlights

  • Lake Front
  • Contemporary Architecture
  • Wood Flooring
  • Deck
  • Cathedral Ceiling
  • 1 Fireplace

About This Home

As of January 2024

Fantastic Lake Oconee property on the coveted Richland side, just minutes by boat to The Ritz Carlton. This gorgeous property has everything you would want for your lake house - an easy stroll from the house to the lake, multiple outside living spaces, two story lake views, newer seawall and dock, plus multiple boat lifts, ~150 feet of lake frontage, and almost an acre lot. With over 3000 sq. feet of living space, the meticulously maintained home has room for family and friends to relax and spread out. The main level has two large bedrooms, a full bath, open concept living room/dining room and kitchen with newer appliances. Two story windows and double french doors highlight the stunning views. Overlooking the lake, the spacious loft can be a bedroom and a hang out space and has a full bath. On the terrace level, enjoy another family room with a door to the lake side of the property. There are also two bedrooms, a full bath, massive laundry room plus a large storage room. Close to historic downtown Greensboro, several championship golf courses, award winning restaurants, and downtown Madison this house can’t be missed.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,267

Year Built

  • Built in 1988

Lot Details

  • Lake Front
  • Sloped Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 5 Parking Spaces

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 2,943 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Screened Porch
  • Basement Fills Entire Space Under The House

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Greene Co. Elementary School
  • Anita White Carson Middle School
  • Greene Co. High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • Richland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075D000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,267

Year Built

Built in 1988

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • GarageYN: No
  • Inclusions: Ceiling Fans
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1988
  • Subdivision Name: Richland
  • Above Grade Finished Sq Ft: 1902.0
  • Architectural Style: Contemporary
  • Reso Flooring: Tile, Wood
  • Reso Interior Features: Ceiling Fan(s), Cathedral Ceiling(s), Vaulted Ceiling(s)
  • Tax Year: 2022
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 260.0
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Basement: Bathroom, Full, Partially Finished
  • Fireplace Features: Wood Burning Stove
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1041.0
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Total Bedrooms: 7
  • Stories: 3

Exterior Features

  • Other Structures: Storage
  • Waterfront: Yes
  • Acres: 0.9
  • Waterfront Features: Lake
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Deck, Other, Porch
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Anita White Carson Middle School

Lot Info

  • Lot Size Area: 0.9
  • Parcel Number: 075D000300
  • Topography: Sloping
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5267.0

MLS Schools

  • Elementary School: Greene Co. Elementary
  • HighSchool: Greene Co. High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2024
Sold by
Prismatic Moth Llc
Bought by
Edgar Wood Enterprises Llc
Current Estimated Value
$1,164,267

Purchase Details

Listed on
Oct 20, 2023
Closed on
Jan 31, 2024
Sold by
Griff Enterprises Llc
Bought by
Prismatic Moth Llc
List Price
$1,049,000
Sold Price
$985,000
Premium/Discount to List
-$64,000
-6.1%
Views
100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.09%

Purchase Details

Closed on
Apr 7, 2017
Sold by
Glenn Harry J
Bought by
Griff Enterprises Llc

Purchase Details

Closed on
Jan 1, 1987
Sold by
Jarrard Gary M
Bought by
O That

Purchase Details

Closed on
Jan 1, 1986
Sold by
Lake Oconee Inc
Bought by
Jarrard James R and Jarrard Gary M

Purchase Details

Closed on
Jan 1, 1983
Bought by
Lake Oconee Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Edgar Wood Enterprises Llc $985,000 --
Prismatic Moth Llc $985,000 --
Griff Enterprises Llc $240,000 --
O That -- --
Jarrard Gary M -- --
Jarrard James R -- --
Lake Oconee Inc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $985,000 -6.1% $335 / Sq Ft
01/01/2024 01/01/24 Pending -- -- --
10/20/2023 10/20/23 For Sale $1,049,000 -- $356 / Sq Ft
Source: Savannah Multi-List Corporation

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 $5,910 $368,000 $158,400 $209,600
2023 $6,495 $361,960 $158,400 $203,560
2022 $4,913 $271,320 $158,400 $112,920
2021 $4,976 $255,840 $156,600 $99,240
2020 $4,268 $199,000 $136,080 $62,920
2019 $4,390 $199,000 $136,080 $62,920
2018 $2,276 $199,000 $136,080 $62,920
2017 $3,769 $182,571 $136,080 $46,491
2016 $3,789 $183,874 $136,080 $47,794
2015 $3,773 $183,873 $136,080 $47,794
2014 $3,846 $182,947 $136,080 $46,867
Source: Public Records

Map

Source: Savannah Multi-List Corporation

MLS Number: CM1010753

Savannah Multi-List Corporation

APN: 075-D-00-030-0