$265,000
SOLD AUG 29, 2024

109 Bailey Ln Cobb, GA 31735

2 Beds
2 Baths
960 Sq Ft
0.34 Acres

Recently Sold

$276 Per Sq Ft

11% Below List Price

133 Days on Market

Highlights

  • Lake Front
  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Lake Privileges
  • Ceiling Fan
  • 1-Story Property

About This Home

As of August 2024

This may be the one of the last chances you will have for a main lake house under 300k! Beautiful long view down the lake. 2 bedrooms, 2 bath with basement. It has tremendous potential. Call for appointment.

Last Agent to Sell the Property

Joel Owens

LandBridge Realty Brokerage Phone: 2292717050 License #415093 Listed on: 04/17/2024

Last Buyer's Agent

Out of Area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,602

Year Built

  • Built in 1962

Home Design

  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Lake Views
  • Unfinished Basement
  • Interior Basement Entry

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Additional Features

  • Lake Privileges
  • Lake Front

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,602

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence,Residential
  • Prop. Type: Residential
  • Subdivision Name: No Recorded Subdivision
  • Directions: From our office at 2506 US Hwy 280 W in Cordele head west after 2.5 miles turn right onto Lamar Rd continue 2.2 miles turn right onto N Spring Creek Circle continue 1.3 then turn left onto Bailey Lane and look for the Landbridge Realty sign
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 1962
  • Attribution Contact: 2292717050
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: None
  • Has Basement: Unfinished, Basement Exit: Walk Up
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Other
  • Interior Amenities: Ceiling Fan(s), Bedrooms, See Remarks
  • Living Area: 960

Exterior Features

  • View: Lake
  • View: Yes
  • Waterfront Features: Waterfront, Lake Front, Lake Privileges
  • Waterfront: Yes
  • Construction Type: Aluminum Siding
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Aug 29, 2024
Sold by
Couch Jamie T
Bought by
Rooks Robin C and Rooks William C
Seller's Agent
Joel Owens
LandBridge Realty
Buyer's Agent
Out of Area
List Price
$299,000
Sold Price
$265,000
Premium/Discount to List
-$34,000
-11.37%
Views
156
Current Estimated Value
$268,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,151
Avg. Annual Appreciation
1.42%
Original Mortgage
$132,500
Outstanding Balance
$131,685
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$136,466

Purchase Details

Closed on
May 29, 2020
Sold by
Edwards Mary Ann
Bought by
Couch Jamie T and Couch William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,445
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2000
Sold by
Johnson Nettie S Mr
Bought by
Edwards Mary Ann

Purchase Details

Closed on
Jun 1, 1966
Bought by
Johnson Mr Nettie S
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Limited Warranty Deed $265,000 --
Warranty Deed $168,500 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $132,500 New Conventional
Previous Owner $210,000 New Conventional
Previous Owner $163,445 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $265,000 -11.4% $276 / Sq Ft
04/17/2024 04/17/24 For Sale $299,000 -- $311 / Sq Ft
Source: Americus 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 $2,602 $68,476 $47,600 $20,876
2023 $2,534 $68,476 $47,600 $20,876
2022 $2,534 $68,476 $47,600 $20,876
2021 $2,486 $68,476 $47,600 $20,876
2020 $2,611 $68,476 $47,600 $20,876
2019 $2,508 $67,356 $47,600 $19,756
2018 $2,508 $67,356 $47,600 $19,756
2017 $2,410 $64,228 $47,600 $16,628
2016 $2,412 $64,228 $47,600 $16,628
2015 $2,047 $53,788 $35,680 $18,108
2014 $2,050 $53,788 $35,680 $18,108
2013 -- $53,788 $35,680 $18,108
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Americus Board of REALTORS®

MLS Number: 906716

APN: 1532-270A123