NOT LISTED FOR SALE

3200 Rim Cove Dr Unit 113 Cumming, GA 30041

Estimated Value: $301,000 - $319,000

3 Beds
2 Baths
1,330 Sq Ft
$275/mo HOA Fee

Last Sold February 26, 2021

Last sale price $195,000 $147 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,128/month

102 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Deep Water Access
  • Mashburn Elementary School Rated A
  • Single Slip
  • 3-minute walk to Little Ridge Park

About This Home

As of February 2021

Rare 3 bedroom + Loft condo in boating community on the south end of Lake Lanier! Community features: Saltwater Pool, Tennis Courts, & Community Dock with multiple slips included in monthly fee! Community also provides boat/trailer parking on site. This unit has recently updated flooring, kitchen, and bathrooms. Freshly painted throughout in neutral gray. Great roommate plan with 1 bedroom/bath on main level and 2 bedrooms upstairs with full bath and loft area. This is one of the few 3 bedroom units in this community. Property adjacent to Little Ridge State Park, which has boat ramp. This is an awesome opportunity to enjoy lake living at a very affordable price! Monthly fee covers all exterior maintenance, so you can spend your free time on the LAKE!

Last Agent to Sell the Property

Cole Team

Real Broker, LLC. Listed on: 11/02/2020

Real Broker, LLC.

Co-Listed By

Sarah Johnson

Cor Residential, LLC. License #350592

Last Buyer's Agent

Rick Crawford

Advantage Realty and Investment Group License #44800

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,615

Year Built

  • Built in 1974

Lot Details

  • Lake Front
  • Property fronts a state road
  • No Units Above
  • No Units Located Below
  • Private Entrance

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • A-Frame Home
  • Contemporary Architecture
  • Composition Roof
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Roommate Plan
  • Ceiling Fan
  • Loft

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Parking Lot
  • RV Access or Parking

Outdoor Features

  • Deep Water Access
  • Courtesy Dock
  • Single Slip
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 224 416

Community Details

Overview

  • $275 Initiation Fee
  • Lanier Beach South Subdivision
  • Community Lake

Recreation

  • Boat Dock
  • Boating
  • RV or Boat Storage in Community
  • Powered Boats Allowed
  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,615

Year Built

Built in 1974

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: A-Frame, Contemporary/Modern
  • Property Condition: Resale
  • Year Built: 1974
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Interior Amenities: High Speed Internet
  • Kitchen Features: Breakfast Bar, Cabinets White, Stone Counters, View to Family Room
  • Common Walls: No One Above, No One Below
  • Additional Rooms: Loft
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Roommate Floor Plan, Split Bedroom Plan
  • Main Bedrooms: 1
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Other Structures: RV/Boat Storage
  • Construction Materials: Shingle Siding
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Covered, Deck
  • Exterior Features: Balcony, Private Front Entry, Storage

Garage/Parking

  • Number Of Parking Spaces: 3
  • Parking Features: Parking Lot, RV Access/Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Maintenance Grounds, Reserve Fund, Swim/Tennis, Trash
  • Community Features: Boating, Community Dock, Homeowners Assoc, Lake, Pool, Powered Boats Allowed, RV/Boat Storage, Tennis Court(s)
  • Association Fee: 275
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Subdivision Complex: Lanier Beach South

Association/Amenities

  • Number Of Units In Community: 1

Lot Info

  • Lot Dimensions: x
  • Parcel Number: 224 416
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 275

Tax Info

  • Taxes: 1615.00
  • Tax Year: 2020

Multi Family

  • Waterfront Features: Lake

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2024
Sold by
Bott Eric Charles and Howe-Bott Tara Elizabeth
Bought by
Zamarin Tomas Andres Guzma
Current Estimated Value
$310,273

Purchase Details

Listed on
Nov 2, 2020
Closed on
Feb 26, 2021
Sold by
Decipeda Janet
Bought by
Loudermilk Grant Harris and Kott Kelly Anne
Seller's Agent
Cole Team
Real Broker, LLC.
Buyer's Agent
Rick Crawford
Advantage Realty and Investment Group
List Price
$225,000
Sold Price
$195,000
Premium/Discount to List
-$30,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%

Purchase Details

Closed on
May 26, 2006
Sold by
Glass W Timothy
Bought by
Decipeda Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,400
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2000
Sold by
Gillis Corinna
Bought by
Cowley Gordon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
8.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 1997
Sold by
Cress Gwendolyn and Holman Tony
Bought by
Gordon Kimberley
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Zamarin Tomas Andres Guzma $319,000 None Listed On Document
Loudermilk Grant Harris $195,000 --
Decipeda Janet $172,000 --
Cowley Gordon A $125,000 --
Gordon Kimberley $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Decipeda Janet $163,400
Previous Owner Cowley Gordon A $112,500
Closed Gordon Kimberley $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $195,000 -13.3% $147 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $225,000 0.0% $169 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
12/07/2020 12/07/20 Price Changed $225,000 -2.2% $169 / Sq Ft
11/02/2020 11/02/20 For Sale $230,000 -- $173 / 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
2025 $2,650 $131,320 $58,000 $73,320
2024 $2,650 $108,080 $54,000 $54,080
2023 $2,402 $97,600 $40,000 $57,600
2022 $2,076 $60,880 $30,000 $30,880
2021 $1,681 $60,880 $30,000 $30,880
2020 $1,616 $58,520 $30,000 $28,520
2019 $1,348 $48,760 $22,000 $26,760
2018 $1,120 $43,680 $22,000 $21,680
2017 $845 $33,600 $14,000 $19,600
2016 $845 $33,600 $14,000 $19,600
2015 $847 $33,600 $14,000 $19,600
2014 $761 $32,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6794977

First Multiple Listing Service (FMLS)

APN: 224-416