NOT LISTED FOR SALE

2885 Lakemont Dr SW Marietta, GA 30060

Estimated Value: $424,000 - $466,000

6 Beds
6 Baths
2,209 Sq Ft
$203/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $405,000 $183 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,784/month

Highlights

  • View of Trees or Woods
  • Corner Lot
  • Property is near schools
  • Wood Flooring
  • 6 Car Detached Garage
  • Central Heating and Cooling System

About This Home

As of April 2022

This 3 story triplex is all rented out with one unit coming available. All 2 bed 2 baths with separate dining room. Living room includes fireplace. These unit rent quickly. Great investment. Most major maintenance has already been completed by seller. Ask for seller property disclosure. Solid tenants all paying on time every month. Professionally managed.

Last Agent to Sell the Property

Kevin Fraser

NOT A VALID MEMBER License #275081 Listed on: 03/24/2022

Last Buyer's Agent

Nguyen Phan

Point Honors and Associates, Realtors License #383167

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,185

Year Built

  • Built in 1981

Lot Details

  • 0.25 Acre Lot
  • Corner Lot

Parking

  • 6 Car Detached Garage

Home Design

  • Triplex
  • Frame Construction
  • Composition Roof
  • Cedar

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Views of Woods

Flooring

  • Wood
  • Laminate

Location

  • Property is near schools
  • Property is near shops

Schools

  • Norton Park Elementary School
  • Floyd Middle School
  • Osborne High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units
  • Lakemont Village Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / A
  • Assessor Parcel Number 17019900640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,185

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Triplex
  • Property Condition: Resale
  • Year Built: 1981
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Flooring: Hardwood, Laminate
  • Window Features: None

Exterior Features

  • Construction Materials: Cedar, Frame
  • Roof Type: Composition
  • View: Trees/Woods

Garage/Parking

  • Number Of Parking Spaces: 6
  • Parking Features: Detached, Paved

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Schools, Near Shopping, Street Lights
  • Subdivision Complex: Lakemont Village

Schools

  • Elementary School: Norton Park
  • Middle School: Floyd
  • High School: Osborne

Lot Info

  • Acres: 0.2500
  • Lot: 7
  • Land/Lot: 199
  • Section G M D: 2
  • Plat Book: 77
  • Plat Page: 99
  • Lot Features: Corner Lot
  • Parcel Number: 17019900640
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 3
  • Number Of Units Total: 3

Tax Info

  • Taxes: 3185.00
  • Close Date: 2022-04-20
  • Tax Year: 2021

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Norton Park
  • High School: Osborne
  • Middle School: Floyd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2024
Sold by
Kwong Stephen and Hoong Tony
Bought by
Daisy Waisy Llc
Current Estimated Value
$448,747

Purchase Details

Listed on
Mar 24, 2022
Closed on
Apr 20, 2022
Sold by
Rsv Properties Llc
Bought by
Kwong Stephen and Hoong Tony
Seller's Agent
Kevin Fraser
NOT A VALID MEMBER
Buyer's Agent
Nguyen Phan
Point Honors and Associates, Realtors
List Price
$395,000
Sold Price
$405,000
Premium/Discount to List
$10,000
2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.40%

Purchase Details

Listed on
Sep 2, 2015
Closed on
May 20, 2016
Sold by
Lippross Charles
Bought by
Chen Chee Keung
Seller's Agent
Jules Harper
Keller Williams Realty Signature Partners
Buyer's Agent
Denise Morton
NOT A VALID MEMBER
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%

Purchase Details

Closed on
Jul 1, 2008
Sold by
Kirby Sean E
Bought by
Lippross Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 1998
Sold by
Todd Christopher T
Bought by
Kirby Sean E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.15%
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
Daisy Waisy Llc -- None Listed On Document
Kwong Stephen $405,000 Kham Law Llc
Chen Chee Keung $250,000 --
Lippross Charles $215,000 --
Kirby Sean E $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lippross Charles $169,050
Previous Owner Lippross Charles $172,000
Previous Owner Kirby Sean E $110,000
Previous Owner Kirby Sean E $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Sold $405,000 +2.5% $183 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $395,000 +58.0% $179 / Sq Ft
05/20/2016 05/20/16 Sold $250,000 0.0% $113 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
09/02/2015 09/02/15 For Sale $250,000 -- $113 / 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 $4,969 $164,820 $40,000 $124,820
2023 $4,884 $162,000 $23,680 $138,320
2022 $4,261 $140,400 $14,000 $126,400
2021 $3,185 $104,956 $14,000 $90,956
2020 $3,196 $105,296 $14,000 $91,296
2019 $2,696 $88,836 $14,000 $74,836
2018 $2,696 $88,836 $14,000 $74,836
2017 $2,234 $77,700 $8,000 $69,700
2016 $1,155 $40,168 $7,200 $32,968
2015 $1,183 $40,168 $7,200 $32,968
2014 $782 $26,308 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kevin Fraser

    NOT A VALID MEMBER

    Section Image
  • Nguyen Phan

    Buyer's Agent in 2022

    Nguyen Phan

    Point Honors and Associates, Realtors

    (678) 882-5808

    16 Total Sales

    Nguyen Phan
    Section Image
  • Jules Harper

    Seller's Agent in 2016

    Jules Harper

    Keller Williams Realty Signature Partners

    (770) 765-5005

    192 Total Sales

    Jules Harper
    Section Image

  • D

    Buyer's Agent in 2016

    Denise Morton

    NOT A VALID MEMBER

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7021293

First Multiple Listing Service (FMLS)

APN: 17-0199-0-064-0

Georgia Cobb County Marietta 30060

2885 Lakemont Dr SW, Marietta, GA

This home is located at 2885 Lakemont Dr SW, Marietta, GA 30060 since 24 March 2022 and is currently estimated at $448,747, approximately $203 per square foot. This property was built in 1981. 2885 Lakemont Dr SW is a home located in Cobb County with nearby schools including Norton Park Elementary School, Floyd Middle School, and Osborne High School.

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