NOT LISTED FOR SALE

40 Lakes Edge Dr SE Smyrna, GA 30080

Estimated Value: $266,625 - $286,000

2 Beds
2 Baths
1,436 Sq Ft
$24/mo HOA Fee

Last Sold October 03, 2022

Last sale price $265,000 $185 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,693/month

4 Days on Market

Highlights

  • Clubhouse
  • Wood Flooring
  • Community Pool
  • Campbell High School Rated A-
  • 1 Fireplace
  • Tennis Courts

About This Home

As of October 2022

Quick anmd easy access to TRUIST PARK, VININGS, an SMYRNA MARKET VILLAGE. Close to shopping and dining, this home offers all the comforts of a quiet home and yet close to all the attractions and conveniences. Only a 15 minute drive to downtown Atlanta. The oversized master suite easily accomodates a king sized bed & chest; and features 2 separate closets. Relax and enjoy evenings on the large deck overlooking a beautiful serene lake with waterfall. There is also a lake view from the breakfast room for the chilly Fall mornings. This is a must see!!

Last Agent to Sell the Property

Christine Robinson

Keller Williams West Atlanta License #154115 Listed on: 08/25/2022

Keller Williams West Atlanta

Last Buyer's Agent

Sheri Winston

Virtual Properties Realty.Net License #264514

Virtual Properties Realty.Net

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,639

Year Built

  • Built in 1984

Lot Details

  • No Units Located Below

HOA Fees

  • $24 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Composition Roof

Interior Spaces

  • 1,436 Sq Ft Home
  • 1-Story Property
  • Roommate Plan
  • Ceiling Fan
  • 1 Fireplace
  • Laundry in Hall

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Smyrna Elementary School
  • Campbell Middle School
  • Campbell High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 706

Community Details

Overview

  • Association fees include maintenance exterior, ground maintenance, pest control, reserve fund, swimming, tennis, water
  • Hillsdale Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,639

Year Built

Built in 1984

Lot Details

0

HOA Fees

$24 per month

Listing Details

  • Property Type: Residential
  • District: 17
  • Section: 2
  • Year Built: 1984
  • ArchitecturalStyle: Other
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .20
  • Property Sub-Type: Condominium
  • Structure Type: Other
  • Total Finished Area2: 1436
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Oven/Range (Combo)
  • Bedrooms: 2
  • Basement: None
  • Total Finished Sq Ft: 1436
  • Above Grade Finished Sq Ft: 1436
  • Interior Amenities: Master On Main Level, Roommate Plan
  • Full Bathrooms: 2
  • Flooring: Carpet, Vinyl, Hardwood
  • Price Per Square Foot: 184.540

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: No One Below
  • Construction Materials: Other
  • Lot Features: None
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central, Electric
  • Laundry Features: Laundry Closet, In Hall
  • Sewer: Public Sewer
  • Utilities: Water Available, Underground Utilities, Sewer Available, Natural Gas Available, Electricity Available, Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 283
  • Association: Yes
  • Community Features: Clubhouse, Pool, Street Lights, Tennis Court(s)

Fee Information

  • Association Fee Includes: Maintenance Exterior, Maintenance Grounds, Pest Control, Reserve Fund, Swimming, Tennis, Water

Schools

  • Elementary School: Smyrna
  • High School: Campbell
  • High School Bus: Yes
  • Middle School: Campbell
  • Middle School Bus: Yes
  • Elementary School: Smyrna
  • Middle School: Campbell
  • High School: Campbell

Lot Info

  • Land Lot: 706
  • Plat Book: 4
  • Plat Page: 142

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1639

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Oct 3, 2022
Sold by
Drummond Joanne
Bought by
Brown Sarah L
Seller's Agent
Christine Robinson
Keller Williams West Atlanta
Buyer's Agent
Sheri Winston
Virtual Properties Realty.Net
List Price
$262,000
Sold Price
$265,000
Premium/Discount to List
$3,000
1.15%
Views
43
Current Estimated Value
$276,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,906
Avg. Annual Appreciation
1.45%
Original Mortgage
$225,250
Outstanding Balance
$215,888
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$61,018

Purchase Details

Listed on
Mar 28, 2018
Closed on
Apr 30, 2018
Sold by
Hartman David P
Bought by
Drummond Joanne
Seller's Agent
Christie Wilkins
Keller Williams Realty Atlanta Partners
Buyer's Agent
Christine Robinson
Keller Williams Realty West Atlanta
List Price
$162,000
Sold Price
$162,500
Premium/Discount to List
$500
0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%
Original Mortgage
$159,556
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 2004
Sold by
Secretary Of Hud
Bought by
Hartman David P and Hartman Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,250
Interest Rate
5.92%
Mortgage Type
VA

Purchase Details

Closed on
Jan 6, 2004
Sold by
Mortgage Electronic Registrati
Bought by
Hud-Housing Of Urban Development

Purchase Details

Closed on
Apr 18, 2001
Sold by
Hollingsworth Linda P
Bought by
Strickland Tomekia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,400
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 1998
Sold by
Bryman Bett E
Bought by
Tannenbaum Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 1998
Sold by
Tannenbaum Steven
Bought by
Hollingsworth Linda P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
6.58%
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 Buyer Sale Price Title Company
Brown Sarah L $265,000 --
Drummond Joanne $162,500 --
Hartman David P -- --
Hud-Housing Of Urban Development -- --
Mortgage Electronic Registrati $123,255 --
Strickland Tomekia $120,000 --
Tannenbaum Steven -- --
Hollingsworth Linda P $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Sarah L $225,250
Previous Owner Drummond Joanne $159,556
Previous Owner Hartman David P $104,250
Previous Owner Strickland Tomekia $116,400
Previous Owner Hollingsworth Linda P $77,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2022 10/03/22 Sold $265,000 +1.1% $185 / Sq Ft
08/30/2022 08/30/22 Off Market $262,000 -- --
08/29/2022 08/29/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $262,000 +61.2% $182 / Sq Ft
04/30/2018 04/30/18 Sold $162,500 +0.3% $113 / Sq Ft View Prior Sale
04/06/2018 04/06/18 Pending -- -- --
03/28/2018 03/28/18 For Sale $162,000 -- $113 / 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
2025 $2,601 $113,304 $40,000 $73,304
2024 $2,601 $113,304 $40,000 $73,304
2023 $1,972 $105,804 $32,000 $73,804
2022 $1,944 $89,104 $8,800 $80,304
2021 $1,639 $72,476 $8,800 $63,676
2020 $1,581 $69,440 $8,800 $60,640
2019 $1,459 $63,020 $8,800 $54,220
2018 $1,732 $63,020 $8,800 $54,220
2017 $1,299 $50,380 $8,000 $42,380
2016 $1,170 $45,348 $8,000 $37,348
2015 $998 $37,796 $8,800 $28,996
2014 $871 $32,684 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10085513

Georgia MLS

APN: 17-0707-0-478-0