$125,000
SOLD MAY 2, 2017

3200 Rim Cove Dr Unit 192 Cumming, GA 30041

2 Beds
2 Baths
1,330 Sq Ft
$250/mo HOA Fee

Recently Sold

$94 Per Sq Ft

4% Below List Price

5 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Boat Dock
  • No Units Above
  • Mashburn Elementary School Rated A
  • Open-Concept Dining Room
  • 3-minute walk to Little Ridge Park

About This Home

As of April 2025

LAKE LIVING WITHOUT LAKE PRICES! Charming 2 Bedroom, 2 Bath with open floor plan. Very easy walk to HUGE Community Dock where you can keep your boat and don't pay marina slip prices. Always Deep Water! Lake Prices are going up - get your little slice of heaven before it's gone.

Last Agent to Sell the Property

Teresa Smith

Keller Williams Realty Atlanta Partners License #248187 Listed on: 03/08/2017

Keller Williams Realty Atlanta Partners

Last Buyer's Agent

Michele Kaplan

Keller Williams Realty Atlanta Partners License #371714

Keller Williams Realty Atlanta Partners

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,152

Year Built

  • Built in 1974

Lot Details

  • 60 Feet of Waterfront
  • Lake Front
  • No Units Above

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Cedar

Interior Spaces

  • 1,330 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 10 feet on the lower level
  • Ceiling Fan
  • Great Room
  • Open-Concept Dining Room
  • Carpet
  • Open Access
  • Laundry in Hall

Kitchen

  • Breakfast Bar
  • Laminate Countertops

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 2 Bedrooms | 1 Primary Bedroom on Main
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • 2 Parking Spaces
  • Parking Lot
  • Unassigned Parking

Outdoor Features

  • Shared Dock
  • Balcony
  • Deck
  • Outdoor Storage

Schools

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

Utilities

  • Air Source Heat Pump
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 224 457

Community Details

Overview

  • 34 Units
  • Lanierbeach South Association, Phone Number (770) 871-0245
  • Secondary HOA Phone (678) 392-1069
  • Lanier Beach South Subdivision
  • Community Lake

Recreation

  • Boat Dock
  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,152

Year Built

Built in 1974

Lot Details

0

HOA Fees

$250 per month

Listing Details

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

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet
  • Interior Amenities: High Ceilings 10 ft Lower
  • Kitchen Features: Breakfast Bar, Cabinets Other, Laminate Counters
  • Common Walls: No One Above
  • Additional Rooms: Great Room - 1 Story
  • Dining Room Features: Open Concept
  • Square Footage: 1330.00

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main, Sitting Room
  • Main Bedrooms: 1
  • Total Full Baths: 2
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Waterfront Frontage: 60
  • Construction Materials: Cedar, Frame
  • Lake Name: Lanier
  • Patio And Porch Features: Deck
  • Exterior Features: Balcony, Storage

Garage/Parking

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

Utilities

  • Security: Open Access
  • Cooling: Ceiling Fan(s), Heat Pump
  • Heating: Electric, Heat Pump
  • Laundry Features: In Hall
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Trash, Water
  • Community Features: Community Dock, Homeowners Assoc, Lake, Tennis Court(s)
  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-871-0245
  • Management Phone: 678-392-1069
  • Subdivision Complex: Lanier Beach South

Association/Amenities

  • Number Of Units In Community: 34
  • Management Company: LanierBeach South

Schools

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

Lot Info

  • Land/Lot: 158/159
  • Section G M D: 1
  • Plat Book: CO10
  • Plat Page: 150
  • Parcel Number: 224 457
  • Property Attached Yn: Yes

Tax Info

  • Taxes: 1152.00
  • Assessor Parcel Number: 224-000-457
  • Close Date: 2017-05-02
  • Tax Year: 2015

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 25, 2024
Closed on
Apr 18, 2025
Sold by
Nichols Teresa and Tesar Teresa
Bought by
Coughlin David C and Coughlin Cheryl G
Seller's Agent
CHRIS WILLIAMS
Coldwell Banker Realty
Buyer's Agent
Kelly Logan
Realty of America
List Price
$325,000
Sold Price
$309,000
Premium/Discount to List
-$16,000
-4.92%
Total Days on Market
5
Views
180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.52%
Original Mortgage
$247,200
Outstanding Balance
$247,200
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$70,646

Purchase Details

Listed on
Oct 11, 2019
Closed on
Nov 15, 2019
Sold by
Gill Christian Patrick
Bought by
Tesar Teresa
Seller's Agent
CHRIS WILLIAMS
Coldwell Banker Realty
Buyer's Agent
Karl Johnson
Coldwell Banker Realty
List Price
$165,000
Sold Price
$161,500
Premium/Discount to List
-$3,500
-2.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%
Original Mortgage
$129,200
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2017
Closed on
May 2, 2017
Sold by
Bullock Brock A
Bought by
Gill Christian Patrick
Seller's Agent
Teresa Smith
Keller Williams Realty Atlanta Partners
Buyer's Agent
Michele Kaplan
Keller Williams Realty Atlanta Partners
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%
Original Mortgage
$116,400
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2016
Closed on
Apr 22, 2016
Sold by
Lai Iris Chen Chang
Bought by
Bullock Brock A
Seller's Agent
PEI HSUAN LEE
All Choices Realty, LLC.
Buyer's Agent
Michelle Boyd
Your Home Sold Guaranteed Realty, LLC.
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$92,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bleau Michael J and Bleau Iliana M

Purchase Details

Closed on
Dec 20, 2002
Sold by
Savage Douglas H
Bought by
Branch Stanley H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
5.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Special Warranty Deed $309,000 None Listed On Document
Special Warranty Deed $309,000 None Listed On Document
Warranty Deed $161,500 --
Warranty Deed $125,000 --
Warranty Deed $115,000 --
Deed -- --
Deed $119,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $247,200 New Conventional
Closed $247,200 New Conventional
Previous Owner $132,000 New Conventional
Previous Owner $129,200 New Conventional
Previous Owner $116,400 New Conventional
Previous Owner $92,000 New Conventional
Previous Owner $69,000 Stand Alone Second
Previous Owner $23,250 Stand Alone Refi Refinance Of Original Loan
Previous Owner $95,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Sold $309,000 -4.9% $232 / Sq Ft
10/27/2024 10/27/24 Price Changed $325,000 +3.2% $244 / Sq Ft
10/18/2024 10/18/24 Price Changed $315,000 -3.1% $237 / Sq Ft
09/25/2024 09/25/24 For Sale $325,000 +101.2% $244 / Sq Ft
11/15/2019 11/15/19 Sold $161,500 -2.1% $121 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $165,000 +32.0% $124 / Sq Ft
05/02/2017 05/02/17 Sold $125,000 -3.8% $94 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $130,000 +13.0% $98 / Sq Ft
04/22/2016 04/22/16 Sold $115,000 0.0% $86 / Sq Ft
03/10/2016 03/10/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $115,000 +29.2% $86 / Sq Ft
08/03/2012 08/03/12 Sold $89,000 -10.9% $67 / Sq Ft
07/04/2012 07/04/12 Pending -- -- --
01/19/2012 01/19/12 For Sale $99,900 -- $75 / 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
2024 $2,211 $107,960 $54,000 $53,960
2023 $1,655 $97,560 $40,000 $57,560
2022 $1,965 $75,200 $30,000 $45,200
2021 $1,883 $75,200 $30,000 $45,200
2020 $1,664 $64,600 $23,560 $41,040
2019 $1,668 $60,320 $22,000 $38,320
2018 $1,383 $50,000 $16,880 $33,120
2017 $1,150 $41,440 $14,000 $27,440
2016 $1,150 $41,440 $14,000 $27,440
2015 $1,152 $41,440 $14,000 $27,440
2014 $1,034 $39,040 $14,000 $25,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5815516

First Multiple Listing Service (FMLS)

APN: 224-457