NOT LISTED FOR SALE

312 Water Wheel Ct McDonough, GA 30253

Estimated Value: $297,798 - $331,000

3 Beds
2 Baths
1,884 Sq Ft
$169/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $308,000 $163 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,114/month

Highlights

  • Community Lake
  • Vaulted Ceiling
  • Community Pool
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Cul-De-Sac

About This Home

As of October 2023

Welcome to this charming family home for rent, set in the heart of McDonough, GA, boasting a generous floor area of 1884 square feet. This delightful residence provides a seamless blend of comfort, style, and convenience, set within a vibrant community. Our unique property features three spacious bedrooms, two bathrooms and a 2-car garage and additional dedicated parking on the long driveway. The light-filled, open-plan design incorporates large windows, luxury vinyl flooring, and recessed lighting, adding a modern touch to the home. The central heating and cooling amenities ensure year-round comfort. A standout highlight of this home is the private outdoor space, which is complemented by the washer and dryer amenities for your convenience. The home is surrounded by the serenity of a community pool, a lake, and walking trails. For your peace of mind, yard maintenance is included within the rental package. Enjoy easy access to a wealth of nearby amenities, including a myriad of department stores and respected schools such as Impact Academy and Creekside Christian Academy East Campus. We invite you to make this residence your new haven. It promises a tranquil lifestyle to cherish. Don’t miss out on this opportunity- make this property your new home today! ** Requirements: must make 3x's the monthly rent (which equals $6285), credit score above 650, no evictions in the last 5 years, reference from 2 previous landlords. **

Last Agent to Rent the Property

Sarah Karkoski

SouthSide, REALTORS License #394569 Listed on: 10/09/2023

Last Renter's Agent

Brianne Drake

Atlanta Fine Homes - Sotheby's Int'l License #204443

Atlanta Fine Homes - Sotheby's Int'l

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 0.55 Acre Lot
  • Cul-De-Sac
  • Wood Fence
  • Back Yard Fenced
  • Grass Covered Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Concrete Siding
  • Brick Front

Interior Spaces

  • 1,884 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Low Flow Plumbing Fixtures
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Patio
  • Shed

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Luella Elementary And Middle School
  • Luella High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,095
  • 24-Month Minimum Lease Term
  • $40 Application Fee
  • Tax Lot 108

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management fee, sewer, swimming
  • Simpsons Mill Plantation Subdivision
  • Community Lake

Recreation

  • Community Pool
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Rental Info

  • Lease Termsin Months: 24
  • Security Deposit: 2095

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1998
  • ArchitecturalStyle: Brick Front, Other
  • Financing Type: LEASE
  • Levels: Two
  • Lot Size Acres: .55
  • Other Sturctures: Shed(s)
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Min Rental Period Months: 12
  • Use Rent Spree: Yes
  • Total Finished Area2: 1884
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Ice Maker, Microwave, Oven/Range (Combo), Refrigerator
  • Bedrooms: 3
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: None
  • Total Finished Sq Ft: 1884
  • Above Grade Finished Sq Ft: 1884
  • Interior Amenities: Vaulted Ceiling(s), High Ceilings, Double Vanity, Soaking Tub, Pulldown Attic Stairs, Separate Shower, Walk-In Closet(s), Master On Main Level
  • Full Bathrooms: 2
  • Fireplace Features: Family Room, Gas Starter, Gas Log
  • Flooring: Tile, Laminate
  • Kitchen Features: Pantry
  • Window Features: Window Treatments
  • Furnished: Unfurnished

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Concrete, Wood Siding
  • Fencing: Back Yard, Wood
  • Foundation Details: Slab
  • Lot Features: Cul-De-Sac
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage Door Opener, Garage, Kitchen Level, Off Street
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Central
  • Laundry Features: Laundry Closet
  • Security Features: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Connected, Electricity Available, High Speed Internet
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Lake, Park, Pool, Sidewalks, Street Lights, Walk To Public Transit, Walk To Shopping
  • Application Fee: 40
  • PetsAllowed: No

Fee Information

  • Fee Paid: Yes
  • Association Fee Includes: Management Fee, Sewer, Swimming

Schools

  • Elementary School: Luella
  • High School: Luella
  • Middle School: Luella

Lot Info

  • Land Lot: 210
  • Lot: 108

Green Features

  • GreenWaterConservation: Low-Flow Fixtures

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Feb 4, 2022
Sold by
Opendoor Property Trust I
Bought by
Bell Tocarra
Seller's Agent
Kim Klir
Mainstay Brokerage LLC
Buyer's Agent
Sarah Karkoski
NOT A VALID MEMBER
List Price
$321,000
Sold Price
$308,000
Premium/Discount to List
-$13,000
-4.05%
Current Estimated Value
$318,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,200
Avg. Annual Appreciation
0.85%
Original Mortgage
$256,800
Outstanding Balance
$238,003
Interest Rate
3.55%
Mortgage Type
Cash
Estimated Equity
$80,197

Purchase Details

Closed on
Aug 27, 2021
Sold by
Hill Clinton A
Bought by
Opendoor Property Trust I

Purchase Details

Closed on
Apr 20, 2017
Sold by
Hill Clinton A
Bought by
Hill Clinton A and Hill Heather G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,170
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2012
Sold by
Martin Robert Milton
Bought by
Hill Clinton A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,715
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 2007
Sold by
Backus Gordon R
Bought by
Martin Robert M and Martin Gabrielle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
6.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2004
Sold by
Sfjv-2002-1 Llc
Bought by
Backus Gordon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,150
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2004
Sold by
Countrywide Hm Lns Inc
Bought by
Sfjv-2002-1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,150
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2003
Sold by
Vangeorge Mario and Vangeorge Sandra S
Bought by
Countrywide Hm Lns Inc

Purchase Details

Closed on
Jul 1, 1999
Sold by
La-Vette Homes Inc
Bought by
Vangeorge Mario and Vangeorge Sandra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,845
Interest Rate
7.23%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 15, 1999
Sold by
La-Vette Homes Inc
Bought by
Meredith James M and Meredith Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,100
Interest Rate
9.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bell Tocarra $308,000 --
Opendoor Property Trust I $284,200 --
Hill Clinton A -- --
Hill Clinton A $98,500 --
Martin Robert M $148,000 --
Backus Gordon R $134,900 --
Sfjv-2002-1 Llc -- --
Countrywide Hm Lns Inc $136,817 --
Vangeorge Mario $159,900 --
Meredith James M $127,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Tocarra $256,800
Previous Owner Hill Clinton A $126,170
Previous Owner Hill Clinton A $96,715
Previous Owner Martin Robert M $143,000
Previous Owner Backus Gordon R $128,150
Previous Owner Vangeorge Mario $133,845
Previous Owner Meredith James M $115,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2023 10/28/23 Rented $1,900 -9.3% --
10/09/2023 10/09/23 For Rent $2,095 +4.8% --
11/01/2022 11/01/22 Rented $2,000 0.0% --
08/31/2022 08/31/22 For Rent $2,000 0.0% --
08/29/2022 08/29/22 For Rent $2,000 0.0% --
02/04/2022 02/04/22 Sold $308,000 -4.0% $163 / Sq Ft View Prior Sale
01/08/2022 01/08/22 Pending -- -- --
12/23/2021 12/23/21 For Sale $321,000 0.0% $170 / Sq Ft
12/05/2021 12/05/21 Pending -- -- --
10/21/2021 10/21/21 Price Changed $321,000 -1.2% $170 / Sq Ft
10/01/2021 10/01/21 Price Changed $325,000 -1.5% $173 / Sq Ft
09/21/2021 09/21/21 For Sale $330,000 -- $175 / Sq Ft
Source: Georgia MLS

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
2025 $5,295 $131,520 $14,000 $117,520
2024 $5,295 $124,560 $14,000 $110,560
2023 $4,822 $123,200 $11,704 $111,496
2022 $4,026 $102,440 $12,000 $90,440
2021 $0 $77,000 $12,000 $65,000
2020 $1,969 $68,240 $10,000 $58,240
2019 $1,833 $62,480 $10,000 $52,480
2018 $1,745 $58,760 $10,000 $48,760
2016 $1,640 $54,320 $8,000 $46,320
2015 $1,660 $54,040 $8,000 $46,040
2014 $1,473 $45,680 $8,000 $37,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10211740

Georgia MLS

APN: 057C-01-108-000