NOT LISTED FOR SALE

2540 Morgan Lake Dr NE Marietta, GA 30066

Sandy Plains Neighborhood

Estimated Value: $458,000 - $476,000

5 Beds
2.5 Baths
2,184 Sq Ft
$215/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $299,900 $137 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,911/month

Highlights

  • 200 Feet of Waterfront
  • Fishing
  • Lake View
  • Addison Elementary School Rated A
  • Lake On Lot
  • Community Lake

About This Home

As of July 2020

Live on the Lake in East Cobb and enjoy these amazing views!! Inviting front porch welcomes you to this 5 BR 2 BA home. Enter into the Great Room with LED lighting, Separate Dining room, Kitchen with sunny breakfast area that looks over the keeping area/family den. The breakfast area opens to a gorgeous sunroom overlooking the lake. What a great place to enjoy a cup of coffee or evening beverage. Main level has beautiful dark hardwoods throughout. Upstairs boasts a large owners suite with walk in closet and a perfect sitting area to take in the amazing views. Almost 1000 additional sq feet of unfinished basement that is a great place for a workshop or storage. Completely fenced in backyard. Large lot that runs all the way to the water. All this in a highly sought out school district. This won't last long!

Last Agent to Sell the Property

Deeann Sturdivant

Elite Realtors, LLC License #374002 Listed on: 06/05/2020

Last Buyer's Agent

Josh Van Pelt

Method Real Estate Advisors License #357276

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,758

Year Built

  • Built in 1980

Lot Details

  • Lot Dimensions are 105 x 100
  • 200 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Chain Link Fence
  • Level Lot
  • Back Yard Fenced and Front Yard

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Aluminum Siding
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 2,184 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Sun or Florida Room
  • Keeping Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Low Flow Plumbing Fixtures
  • Shower Only

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry
  • Laundry in Basement
  • Natural lighting in basement

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Lake On Lot
  • Deck
  • Enclosed Patio or Porch

Schools

  • Kincaid Elementary School
  • Daniell Middle School
  • Sprayberry High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • 110 Volts
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2 / B
  • Assessor Parcel Number 16063400140

Community Details

Overview

  • Morgan Farms Subdivision
  • Community Lake

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,758

Year Built

Built in 1980

Lot Details

0

HOA Fees

$25 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: 1980
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Entrance Foyer, High Speed Internet, Low-Flow Fixtures, Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Interior Entry, Partial, Unfinished
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets White, Keeping Room, Pantry, Solid Surface Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Sun Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2184.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Shower Only

Exterior Features

  • Waterfront Frontage: 200
  • Construction Materials: Aluminum Siding, Shingle Siding, Vinyl Siding
  • Roof Type: Composition
  • Fencing: Back Yard, Chain Link
  • Patio And Porch Features: Covered, Deck, Enclosed, Front Porch, Rear Porch
  • View: Lake

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Door Opener, Garage Faces Front, Kitchen Level, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air, Natural Gas
  • Laundry Features: In Basement
  • Utilities: Cable Available, Underground Utilities
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • Community Features: Fishing, Lake
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Morgan Farms

Association/Amenities

  • Number Of Units In Community: 1

Schools

  • Elementary School: Kincaid
  • Middle School: Daniell
  • High School: Sprayberry

Lot Info

  • Lot: 2
  • Land/Lot: 633 & 634
  • Section G M D: 2
  • Plat Book: 72
  • Plat Page: 108
  • Lot Features: Back Yard, Front Yard, Lake On Lot, Level
  • Lot Dimensions: 105 x 100
  • Parcel Number: 16063400140
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Insulation, Thermostat
  • Green Energy Generation: None

Tax Info

  • Taxes: 2758.00
  • Assessor Parcel Number: 16-0634-0-014-0
  • Close Date: 2020-07-16
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Kincaid
  • High School: Sprayberry
  • Middle School: Daniell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jul 16, 2020
Sold by
Wingfield Laura and Wingfield Ryan L
Bought by
Parry Laura and Hill Matthew
Seller's Agent
Deeann Sturdivant
Elite Realtors, LLC
Buyer's Agent
Josh Van Pelt
Method Real Estate Advisors
List Price
$299,900
Sold Price
$299,900
Current Estimated Value
$470,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,538
Avg. Annual Appreciation
9.03%
Original Mortgage
$209,930
Outstanding Balance
$187,315
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$283,123

Purchase Details

Listed on
Nov 14, 2014
Closed on
Jan 16, 2015
Sold by
Cartus Financial Corp
Bought by
Wingfield Laura and Wingfield Ryan L
Seller's Agent
Patrice McLuhan
Atlanta Communities
Buyer's Agent
WILLIAM BASNETT
NOT A VALID MEMBER
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%
Original Mortgage
$213,750
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2014
Closed on
May 15, 2014
Sold by
American International Rel
Bought by
Krauss David J and Krauss Maria Leticia Romero
Seller's Agent
Betty Noble
Coldwell Banker Realty
Buyer's Agent
Patrice McLuhan
Atlanta Communities
List Price
$192,500
Sold Price
$205,000
Premium/Discount to List
$12,500
6.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.91%
Original Mortgage
$184,500
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2002
Sold by
Davalos David P
Bought by
Davalos David P and Davalos Timea S

Purchase Details

Closed on
Jun 19, 2001
Sold by
Davalos Lorraine L
Bought by
Davalos David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,900
Interest Rate
7.17%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Parry Laura $299,900 None Available
Wingfield Laura $225,000 --
Cartus Financial Corp $225,000 --
Krauss David J $205,000 --
American International Relocat $205,000 --
Davalos David P -- --
Davalos David P $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parry Laura $209,930
Previous Owner Cartus Financial Corp $213,750
Previous Owner American International Relocat $184,500
Previous Owner Davalos David P $147,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2020 07/16/20 Sold $299,900 0.0% $137 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $299,900 +33.3% $137 / Sq Ft
01/16/2015 01/16/15 Sold $225,000 0.0% $103 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
11/14/2014 11/14/14 For Sale $225,000 +9.8% $103 / Sq Ft
05/15/2014 05/15/14 Sold $205,000 +6.5% $94 / Sq Ft
03/12/2014 03/12/14 Pending -- -- --
03/06/2014 03/06/14 For Sale $192,500 -- $88 / Sq Ft
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 $4,694 $155,700 $36,000 $119,700
2023 $4,694 $155,700 $36,000 $119,700
2022 $3,419 $112,636 $24,800 $87,836
2021 $3,419 $112,636 $24,800 $87,836
2020 $2,758 $106,796 $24,800 $81,996
2019 $2,758 $106,796 $24,800 $81,996
2018 $2,708 $104,524 $24,800 $79,724
2017 $2,234 $88,040 $23,200 $64,840
2016 $2,357 $81,980 $19,940 $62,040
2015 $2,415 $81,980 $19,940 $62,040
2014 $1,618 $68,244 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Deeann Sturdivant

    Seller's Agent in 2020

    Deeann Sturdivant

    Elite Realtors, LLC

    (404) 368-2359

    2 in this area

    88 Total Sales

    Deeann Sturdivant
    Section Image

  • J

    Buyer's Agent in 2020

    Josh Van Pelt

    Method Real Estate Advisors

    (404) 626-3761

    57 Total Sales

    Josh Van Pelt
    Section Image
  • Patrice McLuhan

    Seller's Agent in 2015

    Patrice McLuhan

    Atlanta Communities

    (404) 936-8972

    1 in this area

    68 Total Sales

    Patrice McLuhan
    Section Image

  • W

    Buyer's Agent in 2015

    WILLIAM BASNETT

    NOT A VALID MEMBER

    Section Image
  • Betty Noble

    Seller's Agent in 2014

    Betty Noble

    Coldwell Banker Realty

    (404) 783-2988

    1 in this area

    36 Total Sales

    Betty Noble
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6733229

First Multiple Listing Service (FMLS)

APN: 16-0634-0-014-0

Georgia Cobb County Marietta 30066 Sandy Plains

2540 Morgan Lake Dr NE, Marietta, GA

This home is located at 2540 Morgan Lake Dr NE, Marietta, GA 30066 since 05 June 2020 and is currently estimated at $470,438, approximately $215 per square foot. This property was built in 1980. 2540 Morgan Lake Dr NE is a home located in Cobb County with nearby schools including Addison Elementary School, Daniell Middle School, and Sprayberry High School.

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