NOT LISTED FOR SALE

386 Sycamore Dr Sparta, GA 31087

Estimated Value: $412,000 - $583,000

3 Beds
2 Baths
1,572 Sq Ft
$321/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $195,500 $124 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $2,916/month

Highlights

  • 120 Feet of Waterfront
  • Vaulted Ceiling
  • Partially Wooded Lot
  • Lake Property
  • Ranch Style House
  • Screened Porch

About This Home

As of May 2018

Excellent value, open floor plan living on nice sized waterfront home. Good views on wide lot. Sit on your max dock and enjoy. This house was made for lake living with a separate bedroom plan, covered and open decks & back yard with just a gentle slope to your wide water views. Nicely wooded lot and storage shed, carport and easy access from Lake Sinclair drive. Come see affordable lake living now.

Last Agent to Sell the Property

Chris Oliver

Drake Realty Lake Area, Inc. License #314899 Listed on: 12/28/2017

Drake Realty Lake Area, Inc.

Last Buyer's Agent

Jim Oliver

Drake Realty Lake Area, Inc. License #332345

Drake Realty Lake Area, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,846

Year Built

  • Built in 2004

Lot Details

  • 0.68 Acre Lot
  • 120 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof

Interior Spaces

  • 1,572 Sq Ft Home
  • Vaulted Ceiling
  • Fireplace Features Masonry
  • Screened Porch
  • Storage Room
  • Crawl Space
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • Gravel Driveway

Outdoor Features

  • Lake Property
  • Covered Deck
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic System
  • Internet Available
  • Cable TV Available

Community Details

  • Lake Sinclair Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 104
  • Assessor Parcel Number 013d133

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,846

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Sub Type: Lake Comm Home
  • Architectural Style: Ranch, Site Built
  • Property Status: Bank Owned/REO
  • Property Features: Gravel Drive, Shed
  • Location: Lake Sinclair Area
  • Subdivision: LAKE SINCLAIR
  • Directions: GPS - hwy 22 to Carrs Station Rd. - right at Lake Sinclair Rd. Number & Sign on street.
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile
  • Room Features: Masonry Fireplace, Vaulted Ceiling
  • Appliances: Dishwasher
  • Levels W O Basement: 1 Story
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Estimated Heated Sq Ft: 1572

Exterior Features

  • Estimated Water Frontage: 120
  • Dock: Slip Dock, PRIVATE FRONTAGE
  • Exterior Features: Covered Deck, Porch, Screened Porch, Storage Room
  • Lake Access: Private
  • Roof: Asphalt/Comp Shingle
  • Substructure: Crawl Space
  • Water Or Water View: Lakefront

Garage/Parking

  • Garage: Carport

Utilities

  • Air Conditioner: Central Electric, Heat Pump
  • Heat: Heat Pump
  • Sewer: Septic
  • Tv Cable Communications: Cable, Cable Internet
  • Water Heater: Electric

Lot Info

  • Lot Number: 104
  • Estimated Number of Acres: 0.68
  • General Zoning Class: Residential
  • Geo Subdivision: GA
  • Assessor Parcel Number: 013d133
  • Topography: Level, Partially Wooded

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2017
Closed on
May 4, 2018
Sold by
Mtglq Investors Lp
Bought by
Barker Eric M
Seller's Agent
Chris Oliver
Drake Realty Lake Area, Inc.
Buyer's Agent
Jim Oliver
Drake Realty Lake Area, Inc.
List Price
$199,900
Sold Price
$195,500
Premium/Discount to List
-$4,400
-2.2%
Current Estimated Value
$505,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,710
Avg. Annual Appreciation
13.63%
Original Mortgage
$175,500
Outstanding Balance
$151,111
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$354,099

Purchase Details

Closed on
Jul 27, 2017
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Jan 3, 2017
Sold by
Nationstar Mtg Llc
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Jun 1, 2015
Sold by
Sheppard Patsy M
Bought by
Sheppard Arthur L

Purchase Details

Closed on
Oct 15, 2004
Sold by
Keene Properties
Bought by
Sheppard Patsy M and Sheppard Arthur L
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 Buyer Sale Price Title Company
Barker Eric M $195,000 --
Mtglq Investors Lp $263,113 --
Federal National Mtg Associati $263,113 --
Nationstar Mtg Llc $263,113 --
Sheppard Arthur L -- --
Sheppard Patsy M $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barker Eric M $175,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2018 05/04/18 Sold $195,500 -2.2% $124 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
12/28/2017 12/28/17 For Sale $199,900 -- $127 / Sq Ft
Source: Lake Country Board of REALTORS®

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 $2,846 $88,030 $36,000 $52,030
2023 $2,863 $88,030 $36,000 $52,030
2022 $2,807 $88,030 $36,000 $52,030
2021 $2,813 $88,030 $36,000 $52,030
2020 $2,816 $88,030 $36,000 $52,030
2019 $2,496 $84,222 $36,000 $48,222
2018 $2,998 $95,988 $46,400 $49,588
2017 $2,603 $83,422 $36,000 $47,422
2016 $2,606 $83,422 $36,000 $47,422
2015 -- $83,422 $36,000 $47,422
2014 -- $83,422 $36,000 $47,422
2013 -- $83,422 $36,000 $47,422
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Country Board of REALTORS®

MLS Number: 49141

Lake Country Board of REALTORS®

APN: 013D-133