$330,000
SOLD DEC 6, 2024

3200 Rim Cove Dr Unit 143 Cumming, GA 30041

2 Beds
2 Baths
1,330 Sq Ft
$350/mo HOA Fee

Recently Sold

$248 Per Sq Ft

3% Below List Price

39 Days on Market

Highlights

  • Lake Front
  • 27 Boat Docks
  • Community Lake
  • Mashburn Elementary School Rated A
  • RV or Boat Parking
  • 3-minute walk to Little Ridge Park

About This Home

As of December 2024

BEST VALUE ON LAKE LANIER! This renovated 2BR/2BA A-frame condo includes access to all the amenities including a boat slip at the community dock, on-site boat or jet ski trailer parking, saltwater pool and community garden. Nature trail to the beautiful dock on deep water. Enjoy nearby Little Ridge Park with trails by the lake and boat launch facility. Convenient to Cumming and Market Place Blvd and 40 minutes to Atlanta. The home has 2 bedrooms, one upstairs and one on the main level, 2 full bathrooms, a roomy loft area for office or separate den, plus additional room suitable for a daybed or storage. Washer/Dryer on the main level. The large deck off the living room backs up to corps property and Lake Lanier. Other features include unique spiral staircase and wood burning stove/fireplace. This is a sought-after lower unit with just a few stairs to front entry and lots of area under the unit in the back for extra storage. This neighborhood is unique, quiet, and the perfect place for you if you're a nature and lake lover.

Last Agent to Sell the Property

Jonathan Minerick

Homecoin.com Brokerage Phone: 770-851-2937 License #403816 Listed on: 09/28/2024

Last Buyer's Agent

April Rowe

Ansley Real Estate | Christie's Int' License #383408

Ansley Real Estate | Christie's Int'

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,048

Year Built

  • Built in 1974

Lot Details

  • Lake Front
  • No Common Walls
  • Wooded Lot
  • Garden

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Roommate Plan
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Bonus Room
  • Lake Views

Kitchen

  • Oven or Range
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • Low Flow Plumbing Fixtures
  • Bathtub Includes Tile Surround
  • Separate Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Access To Lake
  • Army Corps Of Engineers Controlled
  • 27 Boat Docks
  • Balcony
  • Deck
  • Outdoor Gas Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • 220 Volts
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 0159

Community Details

Overview

  • $500 Initiation Fee
  • Association fees include ground maintenance, reserve fund, management fee, private roads, swimming, trash
  • Lanier Beach South Subdivision
  • Community Lake

Recreation

  • Boat Dock
  • RV or Boat Storage in Community
  • Tennis Courts
  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,048

Year Built

Built in 1974

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Section: 1
  • Unit: 143
  • Year Built: 1974
  • Electric: 220 Volts
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .00
  • Other Sturctures: Stationary Dock, Tennis Court(s)
  • Property Sub-Type: Condominium
  • Structure Type: Loft
  • Total Dock Slips: 27
  • Total Finished Area2: 1330
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Oven/Range (Combo), Refrigerator, Washer
  • Bedrooms: 2
  • Basement: None
  • Below Grade Finished Sq Ft: 823
  • Total Finished Sq Ft: 507
  • Above Grade Finished Sq Ft: 507
  • Interior Amenities: Beamed Ceilings, High Ceilings, Master On Main Level, Separate Shower, Tile Bath, Roommate Plan
  • Feature Name: Lake Lanier
  • Full Bathrooms: 2
  • Fireplace Features: Living Room
  • Flooring: Hardwood, Laminate, Tile
  • Price Per Square Foot: 248.120

Beds/Baths

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

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Wood Siding
  • ExteriorFeatures: Balcony, Garden, Dock, Gas Grill
  • Foundation Details: Pillar/Post/Pier
  • Lot Features: Other
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition
  • View: Lake
  • Waterfront Features: Corps of Engineers Control, Floating Dock, Lake, Lake Access

Garage/Parking

  • Parking Features: Guest, Over 1 Space per Unit, RV/Boat Parking, Off Street
  • ParkingTotal: 2

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Laundry Closet
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Private Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 4200
  • Association: Yes
  • Community Features: Boat/Camper/Van Prkg, Lake, Pool, Tennis Court(s), Street Lights, Shared Dock

Fee Information

  • Initiation Fee: 500
  • Association Fee Includes: Maintenance Grounds, Reserve Fund, Management Fee, Private Roads, Swimming, Trash

Schools

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

Lot Info

  • Land Lot: 0158
  • Lot: 0159
  • Deed Book: 9672
  • Deed Page: 375
  • Plat Book: 9200
  • Plat Page: 27

Green Features

  • GreenWaterConservation: Low-Flow Fixtures

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2047.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2024
Closed on
Dec 6, 2024
Sold by
Nunez Nicolas Marcos
Bought by
Nunez Nicolas Marcos and Nunez Flor Ximena
Seller's Agent
Jonathan Minerick
Homecoin.com
Buyer's Agent
April Rowe
Ansley Real Estate | Christie's Int'
List Price
$340,000
Sold Price
$330,000
Premium/Discount to List
-$10,000
-2.94%
Total Days on Market
39
Views
19
Current Estimated Value
$333,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,380
Avg. Annual Appreciation
2.15%
Original Mortgage
$170,000
Outstanding Balance
$169,406
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$163,974

Purchase Details

Listed on
Sep 29, 2019
Closed on
Jan 16, 2020
Sold by
Gartner Meredith
Bought by
Rumbaugh Dana George and Rumbaugh John Barton
Seller's Agent
JOAN KROEGER
Kroeger Properties, LLC.
Buyer's Agent
JOAN KROEGER
Kroeger Properties, LLC.
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.23%
Original Mortgage
$148,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2010
Sold by
Nomura Series 2005-He1
Bought by
Gartner Meredith

Purchase Details

Closed on
Apr 7, 2009
Sold by
Kirkland Barbara
Bought by
Nomura Home Series 2005-He1
Source: Public Records

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Range of Values:

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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 -- None Listed On Document
Special Warranty Deed $330,000 None Listed On Document
Executors Deed -- None Listed On Document
Warranty Deed $165,000 --
Deed $82,500 --
Foreclosure Deed $126,894 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,000 New Conventional
Previous Owner $148,500 New Conventional
Previous Owner $25,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $330,000 -2.9% $248 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $340,000 0.0% $256 / Sq Ft
10/19/2024 10/19/24 Pending -- -- --
09/28/2024 09/28/24 For Sale $340,000 +106.1% $256 / Sq Ft
01/16/2020 01/16/20 Sold $165,000 0.0% $124 / Sq Ft
12/12/2019 12/12/19 Off Market $165,000 -- --
12/10/2019 12/10/19 Pending -- -- --
12/09/2019 12/09/19 For Sale $179,900 0.0% $135 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
09/29/2019 09/29/19 For Sale $179,900 -- $135 / 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
2024 $466 $94,120 $54,000 $40,120
2023 $343 $83,200 $40,000 $43,200
2022 $457 $64,120 $30,000 $34,120
2021 $1,771 $64,120 $30,000 $34,120
2020 $1,584 $57,360 $30,000 $27,360
2019 $1,319 $47,680 $22,000 $25,680
2018 $1,184 $42,800 $22,000 $20,800
2017 $909 $32,760 $14,000 $18,760
2016 $909 $32,760 $14,000 $18,760
2015 $911 $32,760 $14,000 $18,760
2014 $829 $31,320 $14,000 $17,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10386159

Georgia MLS

APN: 224-435