$126,500
SOLD MAY 1, 2015

2940 Lakeridge Dr Cumming, GA 30041

Lake Lanier Neighborhood
3 Beds
2 Baths
1,777 Sq Ft
0.6 Acres

Recently Sold

$71 Per Sq Ft

15% Above List Price

2 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • 2 Car Attached Garage
  • Chattahoochee Elementary School Rated A
  • Ceiling height of 9 feet on the main level
  • Separate Shower in Primary Bathroom

About This Home

As of July 2023

Great for Investors!! Multiple offers highest and best by 3:00 4/13/2015.

Last Agent to Sell the Property

BRANDI COWART

Bella Realty Group, Inc. License #313033 Listed on: 04/11/2015

Last Buyer's Agent

VICKI ANDREWS

NOT A VALID MEMBER License #321213

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,266

Year Built

  • Built in 1992

Lot Details

  • Property fronts a private road
  • Sloped Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Tar and Gravel Roof
  • Cement Siding

Interior Spaces

  • 1,777 Sq Ft Home
  • Roommate Plan
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Family Room
  • Formal Dining Room

Kitchen

  • Gas Range
  • Dishwasher
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Accessible Home Design

  • Accessible Entrance

Schools

  • Chattahoochee - Forsyth Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • Lakeridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 241 278

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,266

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1992
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Factory Built
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range
  • Interior Amenities: High Ceilings 9 ft Main
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Full, Unfinished
  • Kitchen Features: Cabinets Stain
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1777.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Roommate Floor Plan
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Tar/Gravel
  • Lake Name: Lanier

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Main Level

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Lakeridge

Schools

  • Elementary School: Chattahoochee - Forsyth
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Lot Features: Sloped
  • Parcel Number: 241 278
  • Property Attached Yn: No

Tax Info

  • Taxes: 1266.00
  • Assessor Parcel Number: 241-000-278
  • Close Date: 2015-05-01
  • Tax Year: 2014

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Chattahoochee - Forsyth
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2015
Closed on
Oct 27, 2015
Sold by
Montgomery Jessica L
Bought by
Mclean Montgomery Jessica L and Mclean Ellis Joseph
Seller's Agent
VICKI ANDREWS
NOT A VALID MEMBER
Buyer's Agent
Pamela Medor-Ellis
NOT A VALID MEMBER
List Price
$234,900
Sold Price
$206,000
Premium/Discount to List
-$28,900
-12.3%
Current Estimated Value
$458,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,414
Avg. Annual Appreciation
8.39%
Original Mortgage
$202,268
Interest Rate
3.89%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 11, 2015
Closed on
May 1, 2015
Sold by
Wallace Russell N
Bought by
Andrews John
Seller's Agent
BRANDI COWART
Bella Realty Group, Inc.
Buyer's Agent
VICKI ANDREWS
NOT A VALID MEMBER
List Price
$110,000
Sold Price
$126,500
Premium/Discount to List
$16,500
15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
170.52%

Purchase Details

Closed on
Jun 1, 2011
Sold by
Wallace Patricia L
Bought by
Wallace Russell N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.63%
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
Warranty Deed -- --
Warranty Deed $126,500 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $202,268 FHA
Previous Owner $90,000 New Conventional
Previous Owner $197,350 Stand Alone Second
Previous Owner $10,000 Stand Alone Second
Previous Owner $140,502 Stand Alone Second
Previous Owner $15,725 Stand Alone Second
Previous Owner $137,605 Stand Alone Second
Previous Owner $52,724 Stand Alone Refi Refinance Of Original Loan
Previous Owner $45,735 Stand Alone Refi Refinance Of Original Loan
Previous Owner $38,434 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2023 07/20/23 Sold $450,000 +3.4% $253 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $435,000 +111.2% $245 / Sq Ft
10/27/2015 10/27/15 Sold $206,000 -7.8% $116 / Sq Ft
10/07/2015 10/07/15 Pending -- -- --
07/27/2015 07/27/15 Price Changed $223,500 -4.9% $126 / Sq Ft
07/20/2015 07/20/15 For Sale $234,900 +85.7% $132 / Sq Ft
05/01/2015 05/01/15 Sold $126,500 +15.0% $71 / Sq Ft
04/11/2015 04/11/15 For Sale $110,000 -- $62 / 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 $4,144 $178,500 $44,000 $134,500
2023 $3,906 $158,700 $36,000 $122,700
2022 $3,240 $99,564 $16,000 $83,564
2021 $2,749 $99,564 $16,000 $83,564
2020 $2,454 $88,876 $16,000 $72,876
2019 $2,400 $86,784 $16,000 $70,784
2018 $2,300 $83,172 $16,000 $67,172
2017 $2,148 $77,396 $16,000 $61,396
2016 $2,148 $77,396 $16,000 $61,396
2015 $1,722 $61,916 $8,000 $53,916
2014 $1,266 $47,828 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Simonds

    Seller's Agent in 2023

    Matt Simonds

    Bolst, Inc.

    (404) 697-2493

    1 in this area

    73 Total Sales

    Section Image
  • Toby Rhinehart

    Buyer's Agent in 2023

    Toby Rhinehart

    Engel & Völkers Atlanta

    (404) 441-3594

    1 in this area

    18 Total Sales

    Section Image

  • V

    Seller's Agent in 2015

    VICKI ANDREWS

    NOT A VALID MEMBER

    Section Image
  • BRANDI COWART

    Seller's Agent in 2015

    BRANDI COWART

    Bella Realty Group, Inc.

    (770) 402-5618

    1 in this area

    11 Total Sales

    Section Image

  • P

    Buyer's Agent in 2015

    Pamela Medor-Ellis

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5522445

First Multiple Listing Service (FMLS)

APN: 241-278

Georgia Forsyth County Cumming 30041 Lake Lanier

2940 Lakeridge Dr, Cumming, GA

This home is located at 2940 Lakeridge Dr, Cumming, GA 30041 and is currently priced at $126,500, approximately $71 per square foot. This property was built in 1992. 2940 Lakeridge Dr is a home located in Forsyth County with nearby schools including Chattahoochee Elementary School, Little Mill Middle School, and Cornerstone Schools.

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