NOT LISTED FOR SALE

3200 Rim Cove Dr Unit 112 Cumming, GA 30041

Estimated Value: $294,000 - $316,000

2 Beds
2 Baths
1,340 Sq Ft
$225/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $200,000 $149 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,079/month

43 Days on Market

Highlights

  • Ocean View
  • Lake Front
  • No Units Above
  • Mashburn Elementary School Rated A
  • Boat Dock
  • 3-minute walk to Little Ridge Park

About This Home

As of July 2021

Condo located in Lake Lanier boating community- Lanier Beach South! 2 Bedroom/2 Full Bathroom- plus loft AND office/media room! This condo features a two-story great room with tons of natural light, Updated kitchen with tile backsplash, renovated Full bathroom on main level, Washer and dryer, Each bedroom has its own balcony plus a large balcony off of the Great room with some views of Lake Lanier! NEW HVAC and NEW Water Heater! This Community features: Exterior maintenance of building, Saltwater pool, tennis courts & Community Dock with multiple slips! All included inyour monthly dues so that you can enjoy your Lake Lanier Life! Community also provides boat/trailer parking on site. Property is adjacent to Little Ridge State Park which has a boat ramp with floating dock, picnic and fishing areas. Minutes from Shopping, Schools and Restaurants! DonG??t miss this gem! It will not last!

Last Agent to Sell the Property

Katy Gillis

Keller Williams Community Partners License #333014 Listed on: 05/03/2021

Keller Williams Community Partners

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,841

Year Built

  • Built in 1974

Lot Details

  • 5,663 Sq Ft Lot
  • Lake Front
  • No Units Above
  • End Unit

HOA Fees

  • $275 Monthly HOA Fees

Property Views

  • Ocean
  • River
  • Lake
  • Seasonal

Home Design

  • A-Frame Home
  • Slab Foundation
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Wood Burning Stove
  • Family Room with Fireplace
  • Great Room
  • Loft
  • Bonus Room

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • RV or Boat Parking

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

  • Mashburn Elementary School
  • Lakeside Middle School
  • Forsyth Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 158,1

Community Details

Overview

  • $500 Initiation Fee
  • Association fees include maintenance exterior, ground maintenance, swimming, tennis
  • Mid-Rise Condominium
  • Lanier Beach South Subdivision
  • Community Lake

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,841

Year Built

Built in 1974

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • ArchitecturalStyle: A-frame
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .13
  • Property Sub-Type: Townhouse
  • Structure Type: Mid Rise
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Dryer, Washer, Dishwasher, Refrigerator
  • Bedrooms: 2
  • Basement: None
  • Interior Amenities: Beamed Ceilings, Master On Main Level
  • Feature Name: LANIER
  • Full Bathrooms: 2
  • Fireplace Features: Family Room, Wood Burning Stove
  • Flooring: Tile, Carpet
  • Kitchen Features: Kitchen Island

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Bedroom Main Level: 1

Exterior Features

  • Common Walls: End Unit, No One Above
  • Construction Materials: Wood Siding
  • ExteriorFeatures: Balcony
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Wood
  • View: Seasonal View, Lake, Ocean, River

Garage/Parking

  • Parking Features: Guest, RV/Boat Parking

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Electric, Central, Forced Air
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 3300
  • Association: Yes
  • Community Features: Lake, Playground, Pool, Tennis Court(s), Shared Dock

Fee Information

  • Initiation Fee: 500
  • Association Fee Includes: Maintenance Exterior, Maintenance Grounds, Swimming, Tennis

Schools

  • Elementary School: Mashburn
  • High School: Forsyth Central
  • High School Bus: Yes
  • Middle School: Lakeside
  • Middle School Bus: Yes

Lot Info

  • Land Lot: 158,1

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1841

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Jul 1, 2021
Sold by
Nichol Bree
Bought by
England Betty S and England William G
Seller's Agent
Katy Gillis
Keller Williams Community Partners
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%
Current Estimated Value
$301,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,356
Avg. Annual Appreciation
9.67%

Purchase Details

Listed on
Jul 6, 2015
Closed on
Oct 8, 2015
Sold by
Canty Brian G J
Bought by
Nichol Joshua and Nichol Bree
Seller's Agent
Kimberly Yates
Yates Estates
Buyer's Agent
Kimberly Yates
Yates Estates
List Price
$105,000
Sold Price
$101,500
Premium/Discount to List
-$3,500
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%
Original Mortgage
$76,125
Interest Rate
3.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
England Betty S $200,000 --
Nichol Joshua $101,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nichol Joshua $76,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2021 07/01/21 Sold $200,000 +2.6% $149 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/12/2021 06/12/21 Price Changed $195,000 -9.3% $146 / Sq Ft
05/21/2021 05/21/21 For Sale $215,000 0.0% $160 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $215,000 +111.8% $160 / Sq Ft
10/08/2015 10/08/15 Sold $101,500 -3.3% $76 / Sq Ft View Prior Sale
08/31/2015 08/31/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $105,000 0.0% $78 / Sq Ft
07/27/2015 07/27/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $105,000 -- $78 / 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 $2,628 $130,040 $58,000 $72,040
2024 $2,628 $107,160 $54,000 $53,160
2023 $2,378 $96,600 $40,000 $56,600
2022 $2,129 $69,840 $30,000 $39,840
2021 $1,929 $69,840 $30,000 $39,840
2020 $1,841 $66,680 $30,000 $36,680
2019 $1,556 $56,280 $22,000 $34,280
2018 $1,376 $49,760 $22,000 $27,760
2017 $1,077 $38,800 $14,000 $24,800
2016 $1,077 $38,800 $14,000 $24,800
2015 $206 $32,200 $14,000 $18,200
2014 $181 $30,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 8971920

Georgia MLS

APN: 224-415