Seller's Agent in 2023
Matt Simonds
Bolst, Inc.
(404) 697-2493
1 in this area
75 Total Sales
2940 Lakeridge Dr Cumming, GA 30041
Lake Lanier Neighborhood
3
Beds
2
Baths
1,777
Sq Ft
0.6
Acres
Highlights
- Deck
- Traditional Architecture
- Solid Surface Countertops
- Chattahoochee Elementary School Rated A
- High Ceiling
- No HOA
About This Home
As of July 2023Fantastic opportunity on the banks of Lake Lanier - harder to get closer to the lake for this price, especially without an HOA! This 3BR, 2BA ranch sits on a full unfinished basement/terrace level ready for customizing and has been extremely well maintained, with a ton of updates: Sellers did a full kitchen update in 2021 with quartz counters, new cabinets & appliances, new backsplash & even installed new lighting and electrical. The kitchen opens to the living room and has both an eat-in dining area, a separate dining room, and a counter bar ready for 3-4 barstools. High ceilings and great natural light throughout the main living areas. There are two secondary bedrooms that are separated from the primary suite, which is oversized with a large bathroom featuring double sinks & separate tub & shower. On one end you'll have a large walk-in closet and the other end has private access to a rear deck overlooking your private, wooded backyard. This home is unique in the community with a massive unfinished terrace level basement ready for your touches. Lastly, the Sellers have maintained this property exceptionally well: water heater and roof are only 3 years old and the HVAC and septic systems have both been serviced in the past 18 months. This property sits in a phenomenal location on a large lot with lake access just down the road on Pilgrim Mill, fantastic school districts, and only 5min to GA400. Come see why this one should be yours!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,240
Year Built
- Built in 1992
Parking
- Garage
Home Design
- Traditional Architecture
- Composition Roof
Interior Spaces
- 1-Story Property
- High Ceiling
- Family Room with Fireplace
- Combination Dining and Living Room
- Unfinished Basement
- Exterior Basement Entry
- Pull Down Stairs to Attic
- Fire and Smoke Detector
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Microwave
- Dishwasher
- Solid Surface Countertops
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
- Double Vanity
- Separate Shower
Laundry
- Dryer
- Washer
Schools
- Chattahoochee Elementary School
- Little Mill Middle School
- East Forsyth High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Underground Utilities
- 220 Volts
- Septic Tank
- Phone Available
- Cable TV Available
Additional Features
- Deck
- 0.6 Acre Lot
Community Details
- No Home Owners Association
- Lakeridge Subdivision
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,013
Avg. Annual Appreciation
8.29%
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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: Georgia MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $4,144 | $186,344 | $48,000 | $138,344 |
| 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
-
Toby Rhinehart
Buyer's Agent in 2023
Toby Rhinehart
Engel & Völkers Atlanta
(404) 441-3594
1 in this area
18 Total Sales
-
V
Seller's Agent in 2015
VICKI ANDREWS
NOT A VALID MEMBER
-
BRANDI COWART
Seller's Agent in 2015
BRANDI COWART
Bella Realty Group, Inc.
(770) 402-5618
1 in this area
10 Total Sales
-
P
Buyer's Agent in 2015
Pamela Medor-Ellis
NOT A VALID MEMBER
Map
Source: Georgia MLS
MLS Number: 10174194
APN: 241-278
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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