NOT LISTED FOR SALE

2040 Lakeside Dr Athens, GA 30605

Estimated Value: $380,328 - $436,000

4 Beds
4.5 Baths
1,753 Sq Ft
$231/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $355,000 $203 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,780/month

5 Days on Market

Highlights

  • Outdoor Pool
  • Cottage
  • Multiple cooling system units
  • Main Floor Primary Bedroom
  • Covered patio or porch
  • Laundry closet

About This Home

As of February 2022

Located in the Retreat South which is next to the UGA Golf Course and just off S Milledge. This cottage is a Brookshire Plan which features two beds down and two beds up with an extra half bath. It is leased until the end of July at $525 a bed with the owner's son occupying one bedroom. This provides two opportunities. 1) Buy now, collect rent, and move in August 2022. 2) Purchase as an investment and lease out for August at current market rates per bedroom. Showings will be allowed from 1 to 3 on Saturday. Offers due Sunday Feb 6th at 1pm

Last Listed By

Scott Talley

5Market Realty License #277411 Listed on: 02/04/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,390

Year Built

  • Built in 2006

Lot Details

  • 5,663

HOA Fees

  • $135 Monthly HOA Fees

Home Design

  • Cottage
  • Slab Foundation
  • HardiePlank Type

Interior Spaces

  • 1,753 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Parking Available

Outdoor Features

  • Outdoor Pool
  • Covered patio or porch

Schools

  • Barnett Shoals Elementary School
  • Coile Middle School
  • Cedar Shoals High School

Utilities

  • Multiple cooling system units
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 181D5 022

Community Details

Overview

  • Association fees include ground maintenance, pool(s)
  • The Retreat South Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,390

Year Built

Built in 2006

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Directions: Turn onto Lakeside Drive from Riverbend Parkway
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 2006
  • Property Sub Type: Single Family Residence
  • Ownership: Owner
  • Subdivision Name: The Retreat South
  • Architectural Style: Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Trash Compactor, Washer
  • Interior Amenities: Ceiling Fan(s), Pantry, Cable TV, Window Treatments, Bedroom on Main Level
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 1753.0
  • Window Features: Window Treatments
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Pool, Porch
  • Pool Features: Association
  • Pool Private: Yes
  • Home Warranty: No
  • Construction Type: HardiPlank Type
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Parking Features: None, Parking Available
  • Total Parking Spaces: 4.0

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Laundry Features: Laundry Closet
  • Cooling: Electric, Heat Pump, Multi Units
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Pool
  • Association Fee: 135.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Pool(s)

Schools

  • Elementary School: Barnett Shoals
  • High School: Cedar Shoals
  • Middle Or Junior School: Coile Middle

Lot Info

  • Parcel #: 181D5 022
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3390.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Feb 18, 2022
Sold by
Hicks Phillip W
Bought by
Sp2 Hospitality Llc
Seller's Agent
Scott Talley
5Market Realty
Buyer's Agent
Cameron Treadway
5Market Realty
List Price
$340,000
Sold Price
$355,000
Premium/Discount to List
$15,000
4.41%
Total Days on Market
5
Current Estimated Value
$405,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,582
Avg. Annual Appreciation
4.00%
Original Mortgage
$200,000
Outstanding Balance
$91,206
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$312,550

Purchase Details

Closed on
Mar 22, 2018
Sold by
Mourounas Elaine
Bought by
Hicks Phillip W and Hicks Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,280
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2009
Sold by
Dickerson Franklin Neal
Bought by
Mourounas Elaine

Purchase Details

Closed on
Aug 7, 2006
Sold by
Not Provided
Bought by
Mourounas Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,600
Interest Rate
6.71%
Mortgage Type
New Conventional

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 Buyer Sale Price Title Company
Sp2 Hospitality Llc $355,000 --
Hicks Phillip W $206,600 --
Mourounas Elaine $230,000 --
Mourounas Elaine $199,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sp2 Hospitality Llc $200,000
Previous Owner Hicks Phillip W $165,280
Previous Owner Mourounas Elaine $125,000
Previous Owner Mourounas Elaine $159,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $355,000 +4.4% $203 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $340,000 -- $194 / Sq Ft
Source: CLASSIC MLS (Athens Area Association 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 $4,505 $144,145 $16,000 $128,145
2023 $4,505 $141,962 $16,000 $125,962
2022 $3,807 $119,327 $16,000 $103,327
2021 $3,391 $100,619 $12,000 $88,619
2020 $3,198 $94,883 $12,000 $82,883
2019 $2,806 $86,439 $12,000 $74,439
2018 $2,777 $81,808 $12,000 $69,808
2017 $2,586 $76,185 $12,000 $64,185
2016 $2,511 $73,946 $12,000 $61,946
2015 $2,577 $75,800 $12,000 $63,800
2014 $2,655 $77,978 $12,000 $65,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CLASSIC MLS (Athens Area Association of REALTORS®)

MLS Number: 986488

CLASSIC MLS (Athens Area Association of REALTORS®)

APN: 181D5-022