NOT LISTED FOR SALE

2842 Lost Lakes Way Powder Springs, GA 30127

Estimated Value: $446,597 - $497,000

4 Beds
2.5 Baths
2,751 Sq Ft
$173/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $300,000 $109 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,940/month

Highlights

  • Community Lake
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Clubhouse
  • Wood Flooring
  • Bonus Room

About This Home

As of March 2020

You will LOVE this delightful traditional style home! This 4-bedroom, 2.5-bathroom home has a master on the main featuring a stunning walk-in closet, a double vanity, and a water closet. Spacious bedrooms and closets on the second level, a loft area, and a bonus room that can be used for office space. As a bonus, the kitchen overlooks the family room and makes it a perfect area for entertaining guests. Close to Silver Comet Trail and situated in a convenient, friendly neighborhood with outstanding schools nearby. Hurry, this home is sure to go fast!

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 02/11/2020

Mark Spain Real Estate

Co-Listed By

Starnisha Bodie

NOT A VALID MEMBER License #391271

Last Buyer's Agent

Stacy Hunter

Atlanta Communities License #373233

Atlanta Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,715

Year Built

  • Built in 2002

Lot Details

  • 0.27 Acre Lot
  • Back Yard Fenced and Front Yard

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Driveway

Home Design

  • Traditional Architecture
  • Frame Construction
  • Shingle Roof
  • Brick Front

Interior Spaces

  • 2,751 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Two Story Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Bonus Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Hall

Schools

  • Varner Elementary School
  • Tapp Middle School
  • Mceachern High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 19065500620

Community Details

Overview

  • Tolley Community Mgmt Association, Phone Number (770) 517-1761
  • Secondary HOA Phone (770) 517-1761
  • Lost Mountain Lake Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,715

Year Built

Built in 2002

Lot Details

0

HOA Fees

$42 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: 2002
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Refrigerator, Microwave
  • Interior Amenities: High Ceilings 10 ft Main, Entrance Foyer 2 Story, High Ceilings 9 ft Upper, Double Vanity, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Family Room, Office
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2751.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick Front, Frame
  • Roof Type: Shingle
  • Fencing: Back Yard
  • Exterior Features: Private Yard

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Driveway, Garage, Kitchen Level

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: In Hall, Laundry Room
  • Electric: None

Condo/Co-op/Association

  • Community Features: Clubhouse, Homeowners Assoc, Lake, Playground, Pool, Tennis Court(s)
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-517-1761
  • Management Phone: 770-517-1761
  • Subdivision Complex: Lost Mountain Lake

Association/Amenities

  • Management Company: TOLLEY COMMUNITY MGMT

Schools

  • Elementary School: Varner
  • Middle School: Tapp
  • High School: McEachern

Lot Info

  • Acres: 0.2700
  • Deed Book: 15408
  • Deed Page: 2531
  • Lot Features: Back Yard, Front Yard, Private
  • Parcel Number: 19065500620
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2715.00
  • Assessor Parcel Number: 19065500620
  • Close Date: 2020-03-16
  • Tax Year: 2018

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Varner
  • High School: McEachern
  • Middle School: Tapp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Mar 13, 2020
Sold by
Edwards Barrie P and Edwards James L
Bought by
Fischer Justin and Fisher Ann E
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Stacy Hunter
Atlanta Communities
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%
Current Estimated Value
$475,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,649
Avg. Annual Appreciation
8.59%
Original Mortgage
$294,566
Outstanding Balance
$261,471
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$214,178

Purchase Details

Listed on
Aug 24, 2016
Closed on
Dec 23, 2016
Sold by
Ridgecrest Springs Capital Llc
Bought by
Edwards Barrie P and Edwards James L
Seller's Agent
Brandi Hunter
NOT A VALID MEMBER
Buyer's Agent
Dean Buchan
Coldwell Banker Realty
List Price
$279,900
Sold Price
$248,000
Premium/Discount to List
-$31,900
-11.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$243,508
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 18, 2014
Closed on
Mar 4, 2015
Sold by
Upchurch Harold B
Bought by
Rdgecrest Springs Capital Llc
Seller's Agent
Ken Jones
Clear Summit Realty, LLC.
Buyer's Agent
Ken Jones
Clear Summit Realty, LLC.
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.02%
Original Mortgage
$171,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2007
Sold by
Payne Andrew R
Bought by
Upchurch Harold B and Upchurch Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2002
Sold by
Casa Construction Inc
Bought by
Payne Andrew R and Payne Cornelia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,900
Interest Rate
5.5%
Mortgage Type
New Conventional
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
Fischer Justin $300,000 None Available
Edwards Barrie P $248,000 --
Rdgecrest Springs Capital Llc $235,000 --
Upchurch Harold B $245,000 --
Payne Andrew R $239,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischer Justin $294,566
Previous Owner Edwards Barrie P $243,508
Previous Owner Rdgecrest Springs Capital Llc $171,000
Previous Owner Upchurch Harold B $232,750
Previous Owner Payne Andrew R $191,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2020 03/16/20 Sold $300,000 -3.2% $109 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $310,000 +25.0% $113 / Sq Ft
12/23/2016 12/23/16 Sold $248,000 -2.7% $90 / Sq Ft View Prior Sale
11/05/2016 11/05/16 Pending -- -- --
09/22/2016 09/22/16 Price Changed $255,000 -3.7% $93 / Sq Ft
09/12/2016 09/12/16 Price Changed $264,900 -5.4% $96 / Sq Ft
08/24/2016 08/24/16 For Sale $279,900 +19.1% $102 / Sq Ft
03/04/2015 03/04/15 Sold $235,000 -4.1% $85 / Sq Ft View Prior Sale
02/02/2015 02/02/15 Pending -- -- --
08/18/2014 08/18/14 For Sale $245,000 -- $89 / 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 $4,525 $176,664 $20,800 $155,864
2023 $3,982 $176,664 $20,800 $155,864
2022 $3,460 $114,012 $20,800 $93,212
2021 $3,460 $114,012 $20,800 $93,212
2020 $2,843 $107,328 $20,800 $86,528
2019 $2,715 $101,488 $20,800 $80,688
2018 $2,715 $101,488 $20,800 $80,688
2017 $2,349 $90,640 $20,800 $69,840
2016 $2,606 $90,640 $20,800 $69,840
2015 $2,163 $82,256 $23,040 $59,216
2014 $2,181 $82,256 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6679328

First Multiple Listing Service (FMLS)

APN: 19-0655-0-062-0