480 W Lake Dr Athens, GA 30606
Five Points NeighborhoodEstimated Value: $930,246 - $1,005,000
4
Beds
3.5
Baths
2,735
Sq Ft
$354/Sq Ft
Est. Value
Highlights
- 1.16 Acre Lot
- Custom Closet System
- Wood Flooring
- Clarke Central High School Rated A-
- Traditional Architecture
- Main Floor Primary Bedroom
About This Home
As of July 2016Live 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: 10/02/2015
Last Buyer's Agent
Cara Thompson
Woodall Realty Group
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,599
Year Built
- Built in 1953
Lot Details
- 1.16 Acre Lot
Parking
- 2 Car Attached Garage
- Parking Available
Home Design
- Traditional Architecture
- Brick Exterior Construction
Interior Spaces
- 2,735 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Entrance Foyer
- Living Room with Fireplace
- Storage
- Basement
Kitchen
- Eat-In Kitchen
- Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Custom Closet System
Laundry
- Dryer
- Washer
Schools
- Barrow Elementary School
- Clarke Middle School
- Clarke Central High School
Utilities
- Multiple cooling system units
- Multiple Heating Units
- Central Heating
Community Details
- No Home Owners Association
- Fivepoints Subdivision
Listing and Financial Details
- Assessor Parcel Number 124C2 A004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 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%
Total Days on Market
252
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,915
Avg. Annual Appreciation
8.75%
Original Mortgage
$410,000
Outstanding Balance
$331,883
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$751,180
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
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Home Values in the Area
Average Home Value in this Area
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 | |
| Previous Owner | Douglas William W | $300,000 | |
| Previous Owner | Peterson Chris | $40,600 | |
| Previous Owner | Peterson Chris | $140,000 | |
| Previous Owner | Peterson Chris R | $296,000 |
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 | -- | -- | -- |
| 10/02/2015 10/02/15 | For Sale | $539,000 | -- | $197 / Sq Ft |
Source: CLASSIC MLS (Athens Area Association of REALTORS®)
Tax History Compared to Growth
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 | $11,599 | $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
Map
Source: CLASSIC MLS (Athens Area Association of REALTORS®)
MLS Number: 946708
APN: 124C2-A-004
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