NOT LISTED FOR SALE

480 W Lake Dr Athens, GA 30606

Five Points Neighborhood

Estimated Value: $1,026,515 - $1,057,000

4 Beds
3.5 Baths
2,735 Sq Ft
$381/Sq Ft Est. Value

Last Sold July 11, 2016

Last sale price $512,500 $187 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $6,594/month

255 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No HOA
  • Clarke Central High School Rated A-
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of July 2016

Live on West Lake on over an acre of land in the heart of Five Points! Grand traditional brick house sits privately off of West Lake Drive. The beautiful house boasts 4 large bedrooms, and 3.5 bathrooms. Sale of house consists of 3 adjacent lots consisting of 1.16 acres to be sold all together: (tax IDs: 124C2 A004A & 124C2 A004). Sale includes build-able lot on the northwest side of the standing house, can be used for large yard or build additional home, or potential future sale. Ask for more details! Walk in the grand foyer into the newly renovated kitchen with white quartz countertops, brand new custom cabinets and ample cabinet/storage space for all your kitchen needs. The living space offers great space for entertaining, the master bedroom, on the main floor, is privately tucked away on the end of the house with 2 walk in closets, a large master bathroom, and spacious layout for any size bed. Three bedrooms upstairs all have original hardwood floors, spacious closets and 2 bathrooms on the second level for added convenience for guests. The private back porch is a great space for entertaining with space for patio furniture that overlooks mature trees and lush greenery. The driveway offers private backyard parking with a 2 car garage and additional storage on the basement floor. This home is perfect Five Points living within walking distance of Five Points intersection, and convenient to all the restaurants and retail of Alps Road corridor. This house is a must see for a grand home on popular West Lake Drive!

Last Agent to Sell the Property

Jill Swope

CollegeTown Properties LLC Listed on: 09/30/2015

Last Buyer's Agent

Cara Thompson

Woodall Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,766

Year Built

  • Built in 1953

Lot Details

  • 1.16

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Barrow Elementary School
  • Clarke Middle School
  • Clarke Central High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Fivepoints Subdivision

Listing and Financial Details

  • Assessor Parcel Number 124C2 A004

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,766

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • GarageYN: Yes
  • Inclusions: Ceiling Fans
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1953
  • Subdivision Name: Fivepoints
  • Architectural Style: Traditional
  • Reso Flooring: Tile, Wood
  • Reso Interior Features: Ceiling Fan(s)
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Refrigerator, Washer
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 2

Exterior Features

  • Acres: 1.16
  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Total Parking Spaces: 5.0

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Schools

  • Middle Or Junior School: Clarke Middle

Lot Info

  • Lot Size Area: 1.16
  • Parcel Number: 124C2 A004
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Barrow Elementary
  • HighSchool: Clarke Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2015
Closed on
Jul 11, 2016
Sold by
William M
Bought by
Wheeler Steven
Seller's Agent
Jill Swope
CollegeTown Properties LLC
Buyer's Agent
Cara Thompson
Woodall Realty Group
List Price
$539,000
Sold Price
$512,500
Premium/Discount to List
-$26,500
-4.92%
Current Estimated Value
$1,043,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,629
Avg. Annual Appreciation
8.00%
Original Mortgage
$410,000
Outstanding Balance
$329,270
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$713,859

Purchase Details

Closed on
Nov 15, 2012
Sold by
Peterson Chris R
Bought by
Douglas William W and Douglas Lauren B

Purchase Details

Closed on
Mar 18, 2004
Sold by
Linker Dorothy Insley Decd
Bought by
Peterson Chris R
Source: Public Records

Range of Values:

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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
Wheeler Steven $512,500 --
Douglas William W $451,000 --
Peterson Chris R $324,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Steven $410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2016 07/11/16 Sold $512,500 -4.9% $187 / Sq Ft
06/11/2016 06/11/16 Pending -- -- --
09/30/2015 09/30/15 For Sale $539,000 -- $197 / Sq Ft
Source: Savannah Multi-List Corporation

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 $12,766 $387,149 $71,040 $316,109
2023 $11,599 $343,924 $71,040 $272,884
2022 $8,567 $278,566 $67,200 $211,366
2021 $7,812 $241,809 $67,200 $174,609
2020 $7,339 $227,765 $67,200 $160,565
2019 $1,825 $217,466 $67,200 $150,266
2018 $6,026 $187,507 $67,200 $120,307
2017 $5,262 $175,804 $67,200 $108,604
2016 $5,534 $162,995 $67,200 $95,795
2015 $4,721 $148,833 $57,600 $91,233
2014 $4,763 $139,880 $51,840 $88,040
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jill Swope

    CollegeTown Properties LLC

  • C

    Buyer's Agent in 2016

    Cara Thompson

    Woodall Realty Group

See All Agents

Map

Source: Savannah Multi-List Corporation

MLS Number: CM946708

Savannah Multi-List Corporation

APN: 124C2-A-004

Georgia Clarke County Athens 30606 Five Points

480 W Lake Dr, Athens, GA

This home is located at 480 W Lake Dr, Athens, GA 30606 since 30 September 2015 and is currently estimated at $1,043,129, approximately $381 per square foot. This property was built in 1953. 480 W Lake Dr is a home located in Clarke County with nearby schools including Barrow Elementary School, Clarke Middle School, and Clarke Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Savannah Multi-List Corporation IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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