NOT LISTED FOR SALE

3200 Rim Cove Dr Unit 171 Cumming, GA 30041

Estimated Value: $323,000 - $366,000

3 Beds
2 Baths
1,568 Sq Ft
$275/mo HOA Fee

Last Sold November 09, 2018

Last sale price $225,000 $143 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,289/month

7 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Community Lake
  • Mashburn Elementary School Rated A
  • Fishing
  • 3-minute walk to Little Ridge Park

About This Home

As of November 2018

Come and see this beautiful, well maintained condo on the lake with 3BR/2BA. Custom made, tiled sun room with lake view, double pane windows all around, newly installed high end blinds, and a lifetime warranty roof. Such a beautiful setting for a year round lake enjoyment. Easy walk to private community deep water dock. Salt water swimming pool, tennis courts, and walking trails. Deep water lake with walk to boat ramp, less than 1/2 mile at park. Close to shopping areas and restaurants. Easy access to GA 400.

Last Agent to Sell the Property

JOAN KROEGER

Kroeger Properties, LLC. License #327636 Listed on: 09/23/2018

Last Buyer's Agent

Ashley Kroeger

Kroeger Properties, LLC. License #364430

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $976

Year Built

  • Built in 1974

Lot Details

  • Lake Front
  • No Units Located Below
  • Private Entrance

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Split Level Home
  • Frame Construction
  • Shingle Roof
  • Wood Roof
  • Cedar

Interior Spaces

  • 1,568 Sq Ft Home
  • Circulating Fireplace
  • Fireplace Features Blower Fan
  • Two Story Entrance Foyer
  • Great Room
  • Sun or Florida Room
  • Lake Views
  • Open Access
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Shower Only

Parking

  • 2 Parking Spaces
  • Unassigned Parking

Outdoor Features

  • Waterfront Lights
  • Shared Dock
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Accessible Entrance
  • Energy-Efficient Thermostat

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 224 444

Community Details

Overview

  • Lanier Beach South HOA, Phone Number (770) 910-5415
  • Mid-Rise Condominium
  • Lanier Beach South Subdivision
  • Community Lake

Recreation

  • Boat Dock
  • RV or Boat Storage in Community
  • Tennis Courts
  • Swim or tennis dues are required
  • Community Pool
  • Fishing

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$976

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: Mid-Rise (up to 5 stories), Traditional
  • Property Condition: Resale
  • Year Built: 1974
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Fireplace Features: Blower Fan, Circulating
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Entrance Foyer 2 Story
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Laminate Counters, Pantry, View to Family Room
  • Common Walls: No One Below
  • Additional Rooms: Great Room - 1 Story, Sun Room
  • Square Footage: 1568.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Full Baths: 2
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Shower Only

Exterior Features

  • Construction Materials: Cedar, Frame
  • Roof Type: Shingle, Wood
  • Lake Name: Lanier
  • Patio And Porch Features: Covered, Enclosed, Patio
  • Exterior Features: Private Front Entry
  • View: Lake

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Unassigned

Utilities

  • Security: Fire Alarm, Open Access, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Exterior, Maintenance Grounds, Termite, Trash
  • Community Features: Community Dock, Fishing, Homeowners Assoc, Lake, Pool, RV/Boat Storage, Tennis Court(s)
  • Association Fee: 275
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Hoa Contact Phone: 770-910-5415
  • Management Company Email: steve@stevethomsonis.com
  • Management Phone: 770-910-5415
  • Subdivision Complex: Lanier Beach south

Association/Amenities

  • Number Of Units In Community: 1
  • Management Company: Lanier Beach South HOA

Lot Info

  • Lot: 1
  • Lot Dimensions: 13
  • Parcel Number: 224 444
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Thermostat

Tax Info

  • Taxes: 976.00
  • Tax Year: 2017

Multi Family

  • Waterfront Features: Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Mashburn
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2018
Closed on
Nov 9, 2018
Sold by
Coffin Mike J
Bought by
Lowrie Robert and Adams Sandy
Seller's Agent
JOAN KROEGER
Kroeger Properties, LLC.
Buyer's Agent
Ashley Kroeger
Kroeger Properties, LLC.
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%
Current Estimated Value
$344,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,999
Avg. Annual Appreciation
6.22%
Original Mortgage
$180,000
Outstanding Balance
$157,301
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$187,698

Purchase Details

Closed on
Mar 23, 2010
Sold by
Mudge Steve and Mudge Diane S
Bought by
Coffin Mike J

Purchase Details

Closed on
Aug 18, 2005
Sold by
Rich Michael C and Rich Julia
Bought by
Mudge Steve and Mudge Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,400
Interest Rate
5.61%
Mortgage Type
New Conventional
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
Lowrie Robert $225,000 --
Coffin Mike J $178,000 --
Mudge Steve $165,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowrie Robert $180,000
Previous Owner Mudge Steve $132,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2018 11/09/18 Sold $225,000 -1.7% $143 / Sq Ft
09/30/2018 09/30/18 Pending -- -- --
09/23/2018 09/23/18 For Sale $229,000 -- $146 / 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 $2,393 $154,200 $58,000 $96,200
2024 $2,393 $124,880 $54,000 $70,880
2023 $1,859 $115,080 $40,000 $75,080
2022 $2,143 $88,880 $30,000 $58,880
2021 $2,060 $88,880 $30,000 $58,880
2020 $1,960 $84,000 $30,000 $54,000
2019 $1,723 $72,400 $22,000 $50,400
2018 $1,252 $45,280 $22,000 $23,280
2017 $976 $35,160 $14,000 $21,160
2016 $976 $35,160 $14,000 $21,160
2015 $978 $35,160 $14,000 $21,160
2014 $886 $33,480 $14,000 $19,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6075809

First Multiple Listing Service (FMLS)

APN: 224-444