NOT LISTED FOR SALE

500 W Lake Dr Athens, GA 30606

Five Points Neighborhood

Estimated Value: $775,000 - $1,063,000

4 Beds
4 Baths
2,570 Sq Ft
$369/Sq Ft Est. Value

Sale Details

Date Sold: March 24, 2025

Last sale price $675,000 $263 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,737 / mo

107 Days on Market

Highlights

  • 0.76 Acre Lot
  • Deck
  • 1 Fireplace
  • Clarke Central High School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of March 2025

Location is what makes this California ranch so desirable! This property is situated in the coveted Bobbin Mill community between Five Points and Beechwood. Offering more than 2,500 heated square feet, you can make this space your own with some remodeling and upgrades. Just inside the front door is a spacious living room with wood floors and a fireplace. In the back is a large kitchen with a formal dining area to the right. Three bedrooms are nestled on one side of the house with another on the opposite end. Off the two car garage is a courtyard area granting access to to the potential office, guest area or shop, or transformed into an in-law or guest suite. The possibilities are endless. There is a full basement for additional areas to make your own!

Last Agent to Sell the Property

Jennifer Westmoreland

Coldwell Banker Upchurch Realty License #168937 Listed on: 11/07/2024

Coldwell Banker Upchurch Realty

Last Buyer's Agent

Aleena Merilien

Refined Real Estate License #374682

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,492

Year Built

  • Built in 1952

Lot Details

  • 33,106 Sq Ft Lot
  • Level Lot
  • Property is zoned RS-25

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Shed

Schools

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

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Bobbin Mill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 124C2-A-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,492

Year Built

Built in 1952

Lot Details

0.76 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Property Sub Type: Single Family Residence
  • Appliances: Dishwasher, Range
  • Home Warranty: No
  • Original List Price: 775000.00
  • Architectural Style: Ranch, Traditional
  • Other Structures: Shed(s)
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Basement: None, Bath/Stubbed
  • Flooring: Carpet, Tile, Wood
  • Above Grade Finished Area Units: Square Feet
  • Has Basement?: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Has Fireplace?: Yes
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Total Bedrooms: 8
  • Stories: 1
  • Above Grade Unfinished Area Units: Square Feet
  • Below Grade Unfinished Area Units: Square Feet

Exterior Features

  • Exterior Features: Deck
  • Waterfront?: No
  • Patio And Porch Features: Deck

Garage/Parking

  • Garaged Spaces: 2.00
  • Has Attached Garage?: Yes
  • Parking Features: Garage Door Opener
  • Total Parking Spaces: 4.00

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Has Cooling?: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer Provider: Public Sewer

Condo/Co-op/Association

  • Has H O A?: No

Schools

  • Elementary School: Barrow Elementary
  • High School: Clarke Central
  • Middle Or Junior School: Clarke Middle

Lot Info

  • Zoning: RS-25
  • Lot Features: Level
  • Lot Size Acres: 0.76
  • Parcel#: 124C2-A-003
  • Permitted Use: Public

Tax Info

  • Tax Year: 2023
  • Tax Amount: 6492

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Mar 24, 2025
Sold by
Bought by
Seller's Agent
Jennifer Westmoreland
Coldwell Banker Upchurch Realty
Buyer's Agent
Aleena Merilien
Refined Real Estate
List Price
$975,000
Sold Price
$675,000
Premium/Discount to List
-$300,000
-30.77%
Views
28
Current Estimated Value
$947,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,574
Avg. Annual Appreciation
31.46%
Original Mortgage
$678,694
Outstanding Balance
$288,433
Interest Rate
6.85%
Mortgage Type
Mortgage Modification
Estimated Equity
$659,141

Purchase Details

Closed on
Mar 30, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2004
Sold by
Bought by

Purchase Details

Closed on
Mar 28, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$675,000 --
-- --
$350,000 --
$350,000 --
$242,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $678,694
Previous Owner $350,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/24/2025 03/24/25 Sold $675,000 -30.8% $263 / Sq Ft
02/22/2025 02/22/25 Pending -- -- --
11/07/2024 11/07/24 For Sale $975,000 -- $379 / Sq Ft
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,539 $423,199 $76,800 $346,399
2024 $7,539 $398,464 $71,040 $327,424
2023 $7,614 $353,615 $71,040 $282,575
2022 $6,548 $283,614 $67,200 $216,414
2021 $6,382 $245,640 $67,200 $178,440
2020 $6,185 $231,289 $67,200 $164,089
2019 $6,093 $220,764 $67,200 $153,564
2018 $5,666 $190,147 $67,200 $122,947
2017 $3,999 $178,187 $67,200 $110,987
2016 $5,353 $167,662 $67,200 $100,462
2015 $4,872 $153,278 $57,600 $95,678
2014 $4,569 $144,170 $51,840 $92,330
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Westmoreland

    Seller's Agent in 2025

    Jennifer Westmoreland

    Coldwell Banker Upchurch Realty

    (706) 202-9953

    6 in this area

    238 Total Sales

    Jennifer Westmoreland
    Section Image

  • A

    Buyer's Agent in 2025

    Aleena Merilien

    Refined Real Estate

See All Agents

Map

Source: Hive MLS

MLS Number: CM1022290

Hive MLS

APN: 124C2-A-003

Georgia Clarke County Athens 30606 Five Points

500 W Lake Dr, Athens, GA

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Hive MLS 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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