NOT LISTED FOR SALE

1120 Founders Lake Dr Athens, GA 30606

Estimated Value: $1,091,000 - $1,132,000

4 Beds
4.5 Baths
2,629 Sq Ft
$424/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $720,000 $274 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,543/month

28 Days on Market

Highlights

  • Waterfront
  • Deck
  • Wood Flooring
  • Oconee County Elementary School Rated A
  • Cathedral Ceiling
  • 1 Fireplace

About This Home

As of May 2020

Elegance, quality craftsmanship & a stately lake setting blend together to create one of the most distinctive properties in the area. Such a rare find, this home provides the convenience of an Athens address, while relishing in all that Oconee has to offer such as award-winning schools. All of these hard-to-find characteristics are combined w/ lake-style living making this property a limited opportunity. Custom designed by Barry Light, this craftsman home was created to savor views of the lake at every angle while providing a comfortable concept for everyday living. Like no other plan you have seen before, this unique layout hosts a gracious foyer w/ visibility to the open-air staircase, a grand great room, luxurious kitchen open to formal dining & a sunroom-styled keeping room. The perfect central gathering space, the great room boasts tons of room for entertaining & is effortlessly appointed w/ lofty 12ft+ ceiling & fireplace flanked by custom builtins. No expense was spared when crafting this exquisite kitchen! Upgraded to the max, this lavish chefs dream boasts sparkling quartz counters, hand-made cabinets & PRO grade appliances including your very own, builtin cappuccino machine. Let the Barista in you thrive. Hosted off the kitchen is a cozy keeping room bursting w/ natural light. This perfect addition provides an ideal space for an office or just to leisurely lounge while you take in the serenity of the lake. Continuing w/ the custom design, the main level features 2 superior bedroom suites that are sure to please. Placed on opposite sides of the home, the master retreat w/ private entrance will quickly become your very own sanctuary. Boasting trey ceilings, immense space, custom made closet, laundry room & splendid full bath packed full w/ all the expected amenities is this suite's statement. You can follow the pristine hardwood floors to the lower level, OR you can just hop on the elevator. Get ready to be amazed by this deluxe terrace level. A home within itself, this walk-out basement presents a paramount inlaw suite, a place to host UGA game day parties, or would be an ideal Air BnB. Complete w/ a great room, billiards room, kitchen, dining area, 2bd/2ba, screened porch, the possibilities this daylight basement have to offer are endless. The stellar features don't stop there. An unfinished bonus room can be found atop the garage w/ private balcony, as well as a screened porch & additional covered porch each overlooking the glittering lakescape

Last Agent to Sell the Property

Joe Cozart

Keller Williams Greater Athens Listed on: 03/25/2020

Last Buyer's Agent

Julie Moon

3Tree Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,284

Year Built

  • Built in 2012

Lot Details

  • 1.21

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • 1 Fireplace
  • Screened Porch
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Oconee County Elementary School
  • Malcom Bridge Middle School
  • North Oconee High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Additional Features

  • Deck
  • Waterfront

Community Details

  • Founders Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number B 04H 027A

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,284

Year Built

Built in 2012

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • GarageYN: Yes
  • Inclusions: Ceiling Fans,Security System
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2012
  • ResoSecurityFeatures: Security System
  • Subdivision Name: Founders Grove
  • Above Grade Finished Sq Ft: 2629.0
  • Reso Flooring: Tile, Wood
  • Reso Interior Features: Tray Ceiling(s), Ceiling Fan(s), Cathedral Ceiling(s), Kitchen Island, Pantry, Vaulted Ceiling(s), In-Law Floorplan
  • Tax Year: 2019
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 342.0
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range
  • Basement: Bathroom, Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2287.0
  • Fireplaces: 1
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Total Bedrooms: 9
  • Stories: 1

Exterior Features

  • Waterfront: Yes
  • Acres: 1.21
  • Home Warranty: No
  • Exterior Features: Deck, Other, Porch
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 750.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Malcom Bridge Middle

Lot Info

  • Lot Size Area: 1.21
  • Parcel Number: B 04H 027A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6284.0

MLS Schools

  • Elementary School: Oconee County Elementary
  • HighSchool: North Oconee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2020
Closed on
May 22, 2020
Sold by
Adams Kathy E
Bought by
Bour Eric Steven and Bour Katherine Mary
Seller's Agent
Joe Cozart
Keller Williams Greater Athens
Buyer's Agent
Julie Moon
3Tree Realty
List Price
$750,000
Sold Price
$720,000
Premium/Discount to List
-$30,000
-4%
Current Estimated Value
$1,113,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,742
Avg. Annual Appreciation
8.48%
Original Mortgage
$684,000
Outstanding Balance
$608,766
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$504,976

Purchase Details

Closed on
Mar 12, 2012
Sold by
Adams Thelma
Bought by
Adams Kathy E

Purchase Details

Closed on
Jun 2, 2011
Sold by
Adams Kathy E
Bought by
Adams Kathy E

Purchase Details

Closed on
May 20, 2011
Sold by
The Bullock Mallard
Bought by
Adams Kathy E

Purchase Details

Closed on
Oct 28, 2002
Sold by
Goff James Rayford
Bought by
Thornton Michael A

Purchase Details

Closed on
Nov 7, 2000
Sold by
Oconee Ventures Ii
Bought by
Goff James Rayford
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
Bour Eric Steven $720,000 --
Adams Kathy E -- --
Adams Kathy E -- --
Adams Kathy E $70,000 --
Thornton Michael A -- --
Goff James Rayford $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bour Eric Steven $684,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $720,000 -4.0% $274 / Sq Ft
04/22/2020 04/22/20 Pending -- -- --
03/25/2020 03/25/20 For Sale $750,000 -- $285 / 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 $6,897 $371,096 $49,680 $321,416
2023 $6,897 $337,977 $46,800 $291,177
2022 $6,558 $307,675 $46,800 $260,875
2021 $6,575 $286,003 $46,800 $239,203
2020 $6,334 $273,174 $46,800 $226,374
2019 $6,284 $271,034 $46,800 $224,234
2018 $6,369 $268,911 $46,800 $222,111
2017 $6,513 $274,981 $46,800 $228,181
2016 $6,398 $270,113 $46,800 $223,313
2015 $5,859 $246,826 $46,800 $200,026
2014 $5,862 $241,386 $46,800 $194,586
2013 -- $146,136 $46,800 $99,336
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: CM974456

Savannah Multi-List Corporation

APN: B04-H0-27A