NOT LISTED FOR SALE

2042 Reserve Pkwy McDonough, GA 30253

Estimated Value: $396,000 - $466,894

5 Beds
3 Baths
4,860 Sq Ft
$91/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $490,000 $101 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,995/month

5 Days on Market

Highlights

  • 168 Feet of Waterfront
  • Access To Lake
  • Second Kitchen
  • Boat Dock
  • Greenhouse
  • RV or Boat Parking

About This Home

As of December 2022

Beautifully Remodeled Forever Home on 1.28 acre Lake Lot with an AMAZING view in popular Summer Lake neighborhood! New Private Stationary Dock to enjoy fishing or relaxing in the sun! This 2-story home features 4+ Bedrooms/3 Bathrooms. 2 Family Rooms, 2 Kitchens, & 2 Fireplaces. Main Level has beautiful improvements which include New Floors, Baseboards, & Trim, New Smooth Ceilings (popcorn ceiling removed) Light Fixtures throughout. Home features Primary Bedroom & Remodeled Bath w/New Double Shower, Doubled Vanity, Linen Closet, Mirror, Light Fixtures, & Hardware. Brand New Separate Office w/French doors for your ideal quiet working space. Open Plan remodeled Kitchen highlights the New Cabinets, Recessed & Pendant Lighting, Quartz Countertops, SS Appliances, Sink, Faucet & Hardware. Kitchen also expands into Breakfast Area that sits off the Deck. Separate Dining Room w/trey ceiling. Give yourself peace of mind with New A/C & New Furnace. This rare 100% Finished Basement is Full & Equipped w/ 2 Bedrooms & Full Bath, The Renovated Eat In Kitchen features New Appliances, New Granite Counters, Painted Cabinets w/New Hardware. Lower Level also has a Gym, Living Room, & plenty of storage! Upstairs features additional temperature controlled Bonus Room perfect for Flex Space. This could be your new Multigenerational Home. This top rated home has it's own Oasis right in the backyard! New Storm Door, New Screened In Porch w/Fans, New Privacy Fence, New Greenhouse, New Gazebo, New Stairs, New Outbuilding/Shed, New Sod, & Lush Landscaping is waiting for you! The Exterior of the home has been Newly Painted, Newer roof, New Extended Driveway, New Rock Beds, Pavers, & Landscaping. Resort Style Amenities include: 40 Acre Fishing Lake with Community Dock, 2 Pools, Club House, Tennis Court & tons of Community Events. Welcome Home!

Last Agent to Sell the Property

Tabitha Caver

eXp Realty License #371566 Listed on: 10/27/2022

eXp Realty

Last Buyer's Agent

Monique McBride

Normand Real Estate License #242182

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $424

Year Built

  • Built in 2000 | Remodeled

Lot Details

  • 1.28 Acre Lot
  • 168 Feet of Waterfront
  • Lake Front
  • Privacy Fence
  • Back Yard Fenced
  • Level Lot
  • Grass Covered Lot

HOA Fees

  • $35 Monthly HOA Fees

Home Design

  • 2-Story Property
  • Traditional Architecture
  • Composition Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Bay Window
  • Two Story Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Screened Porch
  • Home Gym
  • Lake Views

Kitchen

  • Country Kitchen
  • Second Kitchen
  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Soaking Tub
  • Bathtub Includes Tile Surround
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Storm Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Garage
  • Parking Accessed On Kitchen Level
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • RV or Boat Parking

Outdoor Features

  • Access To Lake
  • Floating Dock
  • Dock Rights
  • Deck
  • Outdoor Water Feature
  • Greenhouse
  • Gazebo
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding
  • Outdoor Gas Grill

Schools

  • Luella Elementary And Middle School
  • Luella High School

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • $400 Initiation Fee
  • Association fees include maintenance exterior, ground maintenance, swimming, tennis
  • Summerlake Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$424

Year Built

Built in 2000 | Remodeled

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2000
  • ArchitecturalStyle: Ranch, Traditional
  • Financing Type: FHA
  • Levels: Two
  • Lot Size Acres: 1.28
  • Other Sturctures: Gazebo, Greenhouse, Outbuilding, Workshop, Garage(s), Shed(s)
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 4860
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Ice Maker, Microwave, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 5
  • Dining Room Features: Separate Room
  • Basement: Bath Finished, Daylight, Interior Entry, Exterior Entry, Finished, Full
  • Below Grade Finished Sq Ft: 2310
  • Total Finished Sq Ft: 2550
  • Above Grade Finished Sq Ft: 2550
  • Interior Amenities: Tray Ceiling(s), High Ceilings, Double Vanity, Two Story Foyer, Soaking Tub, Separate Shower, Tile Bath, Walk-In Closet(s), Master On Main Level
  • Feature Name: Painted Turtle Lake
  • Full Bathrooms: 3
  • Fireplace Features: Basement, Living Room
  • Flooring: Hardwood, Carpet, Laminate, Stone
  • Kitchen Features: Breakfast Area, Country Kitchen, Second Kitchen
  • Window Features: Storm Window(s), Bay Window(s)
  • Price Per Square Foot: 100.823

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Bedroom Lower Level: 2
  • Bedroom Main Level: 3

Exterior Features

  • Waterfront Frontage: 168
  • Construction Materials: Concrete, Stucco
  • ExteriorFeatures: Gas Grill, Water Feature, Dock
  • Fencing: Fenced, Back Yard, Privacy, Wood
  • Lot Features: Level, Private, Sloped
  • Patio And Porch Features: Deck, Porch, Screened
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • View: Lake
  • Waterfront Features: Dock Rights, Floating Dock, Lake Access, Lake

Garage/Parking

  • Parking Features: Garage Door Opener, Garage, Kitchen Level, RV/Boat Parking, Side/Rear Entrance

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air
  • Laundry Features: In Hall
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Connected, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 425
  • Association: Yes
  • Community Features: Clubhouse, Lake, Park, Playground, Pool, Sidewalks, Tennis Court(s), Shared Dock

Fee Information

  • Initiation Fee: 400
  • Association Fee Includes: Maintenance Exterior, Maintenance Grounds, Swimming, Tennis

Schools

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

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2021
  • Tax Annual Amount: 424

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Dec 1, 2022
Sold by
Boyd Monteager
Bought by
Newsome Atarence L and Newsome Keshia Y
Seller's Agent
Tabitha Caver
eXp Realty
Buyer's Agent
Monique McBride
Normand Real Estate
List Price
$480,000
Sold Price
$490,000
Premium/Discount to List
$10,000
2.08%
Views
63
Current Estimated Value
$443,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,776
Avg. Annual Appreciation
-3.46%
Original Mortgage
$456,000
Outstanding Balance
$441,183
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$2,041

Purchase Details

Closed on
Nov 17, 2021
Sold by
Boyd Monteager Lasha
Bought by
Boyd Monteager and Jamar Tyrone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,600
Interest Rate
3.09%
Mortgage Type
VA

Purchase Details

Closed on
Sep 28, 2018
Sold by
Smith William J
Bought by
Boyd Monteager L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
4.5%

Purchase Details

Closed on
Mar 6, 2012
Sold by
Smith William James
Bought by
Smith Living Trust

Purchase Details

Closed on
Dec 1, 2000
Sold by
Knight Group Inc
Bought by
Smith William J and Smith Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.72%
Mortgage Type
New Conventional
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
Newsome Atarence L $490,000 --
Boyd Monteager -- --
Boyd Monteager L $255,000 --
Smith Living Trust -- --
Smith William J $237,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newsome Atarence L $456,000
Previous Owner Boyd Monteager $332,600
Previous Owner Boyd Monteager L $255,000
Previous Owner Smith William J $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2022 12/01/22 Sold $490,000 +2.1% $101 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
10/28/2022 10/28/22 For Sale $480,000 -2.0% $99 / Sq Ft
10/27/2022 10/27/22 Off Market $490,000 -- --
10/27/2022 10/27/22 For Sale $480,000 -- $99 / Sq Ft
Source: Georgia MLS

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 $7,217 $179,880 $24,800 $155,080
2023 $6,512 $167,920 $22,000 $145,920
2022 $854 $134,920 $22,000 $112,920
2021 $424 $115,880 $22,000 $93,880
2020 $528 $109,720 $18,000 $91,720
2019 $370 $97,000 $12,520 $84,480
2018 $0 $80,200 $12,520 $67,680
2016 $916 $72,400 $12,000 $60,400
2015 $895 $66,960 $12,000 $54,960
2014 $860 $63,440 $12,000 $51,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20081480

Georgia MLS

APN: 078C-01-030-000