NOT LISTED FOR SALE

2038 Reserve Pkwy McDonough, GA 30253

Estimated Value: $351,926 - $377,000

4 Beds
2.5 Baths
2,475 Sq Ft
$147/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $235,000 $95 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,466/month

48 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • Community Pool
  • Wood Flooring
  • Private Yard
  • Tennis Courts

About This Home

As of June 2020

Lakefront living! Welcome home to 2038 Reserve Parkway in beautiful Summer Lake. This home sits on a 1.1ac lot with 100” lake frontage with floating dock. This home is designed with the lake view in mind. The two-story foyer welcomes you to gleaming hardwood floors throughout the mail level. The white kitchen is open to a bayed eating area and hearth room which shares a 2 sided fireplace with the great room. A large dining room and half bath complete this floor which includes a double garage and deck space. Upstairs you will find 4 bedrooms and 2 baths. The master bath has en-suite with separate tub, shower and double sinks. The remaining bath upstairs is large with two sinks to serve the additional 3 bedrooms. This home has an unfinished basement stubbed for bath. The possibilities are endless with this property. Amenities include 40 ac fishing lake with community dock, 2 pools, club house, tennis court, and ongoing community events. What more could you want! *Seller providing 1 year Cinch Home Warranty and $1,500 painting allowance.

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 04/02/2020

Mark Spain Real Estate

Co-Listed By

Charles Wilkerson

Mark Spain Real Estate License #395424

Last Buyer's Agent

Kenyada Nolton

Keller Williams Realty West Atlanta License #382814

Keller Williams Realty West Atlanta

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,124

Year Built

  • Built in 2000

Lot Details

  • Property fronts a state road
  • Private Entrance
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,475 Sq Ft Home
  • 2-Story Property
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Double Sided Fireplace
  • Factory Built Fireplace
  • Insulated Windows
  • Display Windows
  • Private Rear Entry
  • Two Story Entrance Foyer
  • Great Room
  • Family Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Keeping Room
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • White Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom

Schools

  • Luella Elementary And Middle School
  • Luella High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 078C01032000

Community Details

Overview

  • Cam Association, Phone Number (770) 692-0152
  • Secondary HOA Phone (770) 692-0152
  • Summer Lake Subdivision
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,124

Year Built

Built in 2000

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2000
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Double Sided, Factory Built
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Microwave
  • Interior Amenities: Entrance Foyer 2 Story, Coffered Ceiling(s), Double Vanity, Entrance Foyer, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Exterior Entry, Interior Entry, Unfinished
  • Kitchen Features: Breakfast Room, Cabinets White, Keeping Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Great Room - 1 Story, Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2475.00
  • Spa Features: None
  • Window Features: Display Window(s), Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Exterior Features: Private Yard, Private Front Entry, Private Rear Entry

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage, Garage Faces Front

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Reserve Fund, Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc, Park, Playground, Pool, Tennis Court(s)
  • Association Fee: 425
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-692-0152
  • Management Phone: 770-692-0152
  • Subdivision Complex: SUMMER LAKE

Association/Amenities

  • Management Company: CAM

Schools

  • Elementary School: Luella
  • Middle School: Luella
  • High School: Luella

Lot Info

  • Deed Book: 12745
  • Deed Page: 69
  • Lot Features: Back Yard, Front Yard
  • Parcel Number: 078C01032000
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 3124.00
  • Assessor Parcel Number: 078C01032000
  • Close Date: 2020-06-19
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Luella
  • High School: Luella
  • Middle School: Luella

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2020
Closed on
Jun 19, 2020
Sold by
Jospeh Richard D
Bought by
Valdez Kia
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Kenyada Nolton
Keller Williams Realty West Atlanta
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%
Current Estimated Value
$362,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,732
Avg. Annual Appreciation
8.53%
Original Mortgage
$230,743
Outstanding Balance
$204,536
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$158,196

Purchase Details

Closed on
Jun 18, 2012
Sold by
Joseph Tonya R
Bought by
Joseph Richard D

Purchase Details

Closed on
May 1, 2000
Sold by
Knight Group Inc
Bought by
Joseph Richard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,186
Interest Rate
8.23%
Mortgage Type
VA
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
Valdez Kia $235,000 --
Joseph Richard D -- --
Joseph Richard D $194,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdez Kia $230,743
Previous Owner Joseph Richard D $198,186
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2020 06/19/20 Sold $235,000 -6.0% $95 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $249,900 0.0% $101 / Sq Ft
05/03/2020 05/03/20 Pending -- -- --
04/20/2020 04/20/20 Price Changed $249,900 -2.0% $101 / Sq Ft
04/13/2020 04/13/20 Price Changed $254,900 -1.9% $103 / Sq Ft
04/02/2020 04/02/20 For Sale $259,900 0.0% $105 / Sq Ft
04/10/2017 04/10/17 Rented $1,400 0.0% --
03/17/2017 03/17/17 Under Contract -- -- --
03/15/2017 03/15/17 Price Changed $1,400 -6.7% $1 / Sq Ft
02/17/2017 02/17/17 For Rent $1,500 0.0% --
02/10/2017 02/10/17 Under Contract -- -- --
01/10/2017 01/10/17 For Rent $1,500 0.0% --
07/01/2015 07/01/15 Rented $1,500 0.0% --
06/01/2015 06/01/15 Under Contract -- -- --
03/25/2015 03/25/15 For Rent $1,500 -- --
Source: First Multiple Listing Service (FMLS)

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 $6,003 $149,320 $24,800 $124,520
2023 $5,412 $139,240 $22,000 $117,240
2022 $4,479 $114,920 $22,000 $92,920
2021 $3,676 $94,000 $20,774 $73,226
2020 $3,518 $89,880 $18,000 $71,880
2019 $3,124 $79,600 $12,520 $67,080
2018 $2,917 $74,200 $12,520 $61,680
2016 $2,722 $69,120 $12,000 $57,120
2015 $70 $63,840 $12,000 $51,840
2014 $2,214 $60,920 $12,000 $48,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6704968

First Multiple Listing Service (FMLS)

APN: 078C-01-032-000