$250,000
SOLD MAY 20, 2016

2885 Lakemont Dr SW Marietta, GA 30060

-- Bed
-- Bath
2,209 Sq Ft
0.5 Acres

Recently Sold

$113 Per Sq Ft

Highlights

  • 153 Feet of Waterfront
  • Private Lot
  • Forced Air Heating System
  • Community Lake
  • 2 Car Attached Garage
  • Energy-Efficient Windows

About This Home

As of April 2022

WELL MAINTAINED AND FRESHLY PAINTED TRIPLEX. JUST 6 MILES FROM NEW BRAVES STADIUM! GROSS INCOME = $2,300/MO. 10% CAP. SELLER WILL PAY MANAGEMENT FEE, YARD SERVICE FOR ONE YEAR UP TO A MAX OF $3,360. STEADY LEASE INCOME. ALL UNITS RENTED! 2 BED / 2 FULL BATH UNITS. STEADY RENTAL HISTORY AND POSITIVE CASH FLOW. ON PRIVATE 1 ACRE LAKE. TENANT PAYS ELECTRIC, GAS, AND WATER. EACH UNIT HAS 2 ASSIGNED PARKING SPACES. SEPARATE METERS. CENTRAL HEATING AND AIR. UNITS FEATURE DECKS, FIREPLACES, WALK-IN CLOSETS, W/D CONNECTIONS. MINUTES FROM I-285!

Last Agent to Sell the Property

Jules Harper

Keller Williams Realty Signature Partners License #313788 Listed on: 09/02/2015

Keller Williams Realty Signature Partners

Last Buyer's Agent

Denise Morton

NOT A VALID MEMBER License #364567

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $782

Year Built

  • Built in 1981

Lot Details

  • 0.5 Acre Lot
  • 153 Feet of Waterfront
  • Lake Front
  • Private Lot
  • Level Lot

Home Design

  • Triplex
  • Composition Roof
  • Cedar

Interior Spaces

  • Insulated Windows

Parking

  • 2 Car Attached Garage
  • Varies By Unit
  • Driveway
  • Parking Lot

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Cable TV Available

Community Details

  • 3 Units
  • Lakemont Subdivision
  • Community Lake

Listing and Financial Details

  • Legal Lot and Block 7 / A
  • Assessor Parcel Number 17019900100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$782

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
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: Insulated Windows

Exterior Features

  • Waterfront Frontage: 153
  • Construction Materials: Cedar
  • Roof Type: Composition

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Attached, Driveway, Parking Lot, Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Forced Air, Natural Gas
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Lake, Street Lights
  • Subdivision Complex: LAKEMONT

Fee Information

  • Annual Expenses: 2448

Schools

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

Lot Info

  • Acres: 0.5000
  • Lot: 7
  • Land/Lot: 199
  • Section G M D: 2
  • Plat Book: 77
  • Plat Page: 99
  • Lot Features: Level, Private
  • Lot Dimensions: LESS THAN 1/2 ACRE
  • Parcel Number: 17019900100
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat, Windows

Tax Info

  • Taxes: 782.00
  • Assessor Parcel Number: 17-0199-0-010-0
  • Close Date: 2016-05-20
  • Tax Year: 2014

Multi Family

  • Number Of Units Total: 3
  • Waterfront Features: Lake, Lake Front

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 Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Special Warranty Deed $405,000 Kham Law Llc
Warranty Deed $250,000 --
Deed $215,000 --
Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $169,050 Stand Alone Second
Previous Owner $172,000 New Conventional
Previous Owner $110,000 Stand Alone Second
Previous Owner $108,000 New Conventional
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

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5591513

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 and is currently priced at $250,000, approximately $113 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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