NOT LISTED FOR SALE

2040 Lakeside Dr Athens, GA 30605

Estimated Value: $374,708 - $457,000

4 Beds
4.5 Baths
1,753 Sq Ft
$233/Sq Ft Est. Value

Last Sold February 18, 2022

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

Est. 15% increase in value since last sale

Current estimated payment $2,668/month

14 Days on Market

Highlights

  • Screened Porch
  • Central Air
  • Heat Pump System
  • Tile Flooring

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 Agent to Sell the Property

Scott Talley

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

Last Buyer's Agent

Phillip Treadway

5Market Realty License #237639

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,390

Year Built

  • Built in 2006

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • 4 Parking Spaces

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Screened Porch

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • The Retreat South Subdivision

Listing and Financial Details

  • Assessor Parcel Number 181D5 022

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

  • GarageYN: No
  • Inclusions: Ceiling Fans
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2006
  • Subdivision Name: The Retreat South
  • Reso Flooring: Carpet, Tile
  • Reso Interior Features: Ceiling Fan(s), Pantry
  • Tax Year: 2021
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Home Warranty: No
  • Exterior Features: Porch
  • Foundation Details: Slab
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Coile Middle

Lot Info

  • Parcel Number: 181D5 022
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3390.0

MLS Schools

  • Elementary School: Barnett Shoals
  • HighSchool: Cedar Shoals

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
Phillip Treadway
5Market Realty
List Price
$340,000
Sold Price
$355,000
Premium/Discount to List
$15,000
4.41%
Current Estimated Value
$408,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,427
Avg. Annual Appreciation
3.70%
Original Mortgage
$200,000
Outstanding Balance
$56,985
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$351,442

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 $159,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2022 02/18/22 Sold $355,000 +4.4% $203 / Sq Ft
02/04/2022 02/04/22 For Sale $340,000 -- $194 / 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
2025 $4,714 $151,823 $16,000 $135,823
2024 $4,714 $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: Savannah Multi-List Corporation

MLS Number: CM986488

Savannah Multi-List Corporation

APN: 181D5-022