NOT LISTED FOR SALE

505 Lakewood Ln Unit 8 Peachtree City, GA 30269

Estimated Value: $669,000 - $1,166,000

4 Beds
3 Baths
2,728 Sq Ft
$314/Sq Ft Est. Value

Last Sold July 24, 2015

Last sale price $340,000 $125 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $5,011/month

114 Days on Market

Highlights

  • 163 Feet of Waterfront
  • Community Lake
  • Den
  • Huddleston Elementary School Rated A
  • Dining Room Seats More Than Twelve
  • 4-minute walk to Flat Creek Nature Area

About This Home

As of July 2015

Lake front property. Custom built home on the Southside of Lake Peachtree in the heart of Peachtree City. 4 Br 2.5 Ba. with a full unfinished daylight basement. Two fireplaces one in the main suite. Private balcony overlooks the lake. Each level has its own heating and cooling units. 50 Gallon water heater. No yard sign. Home is on the left of the partially shared driveway.

Last Agent to Sell the Property

Brad London

London Realty Group Inc. License #156513 Listed on: 03/08/2015

Last Buyer's Agent

Deborah Belyeu

Georgia Land Resources, LLC License #352084

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,987

Year Built

  • 1990

Lot Details

  • 0.83

Home Design

  • Roof Vent Fans

Interior Spaces

  • Living Room
  • Dining Room Seats More Than Twelve
  • Den

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Schools

  • Huddleston / Fayette / Fayette County Elementary School
  • Booth / Fayette / Fayette County Middle School
  • Mcintosh / Fayette / Fayette County High School

Utilities

  • Underground Utilities
  • Gas Water Heater

Additional Features

  • 163 Feet of Waterfront
  • Property is near schools

Community Details

Overview

  • Community Lake

Recreation

  • Park

Property Details

Home Type

Other

Est. Annual Taxes

$5,987

Year Built

1990

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1990

Interior Features

  • Fireplace(s): 2, In Living Room, In Master Bedroom, Metal
  • Basement: Bath Stubbed, Daylight, Inside Entrance, Outside Entrance, Full
  • Equipment: Smoke/Fire Alarm, Dryer, Washer
  • Kitchen Equipment: Dishwasher, Garbage Disposal, Built-In Microwave, Range/Oven, Refrigerator
  • Feature Name: Lake Peachtree
  • Interior Amenities: Cable TV Connections, Trey Ceilings, Double Vanity, 2 Story Foyer, Garden Tub, Gas Logs, Hardwood Floors, Pulldown Attic Stairs, Skylight, Walk-in Closet, Whirlpool Bath
  • Laundry Location: Kitchen Area
  • Laundry Type: Room
  • Below Grade Finished Sq Ft: 886
  • Unfinished Below Grade Sq Ft: 182
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Island, Solid Surface Counters
  • Above Grade Finished Sq Ft: 2728

Exterior Features

  • Construction: Stucco Real
  • Exterior Features: Balcony, Deck/Patio, Gazebo, Porch, Sprinkler System
  • Roof Type: Composition
  • Waterfront Type: Water View, Waterfront
  • Waterfront Frontage: 163

Garage/Parking

  • Parking: 2 Car, Attached, Drive Under/Basement

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central, Whole House Fan, Zoned/Dual
  • Heating Fuel: Gas
  • Heating: Central, Forced Air, Zoned/Dual
  • Energy Features: Roof Vent Fans, Storm Doors, Gas Water Heater
  • Water/Sewer: Public Water, Sewer Connected

Association/Amenities

  • Amenities: Lake, Park, Street Lights, Underground Utilities, Walk To Schools

Schools

  • Elementary School: Huddleston / Fayette / Fayette County, GA
  • Elementary Bus Line: No
  • High School: Mcintosh / Fayette / Fayette County, GA
  • High School Bus: Yes
  • Middle School: Booth / Fayette / Fayette County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Cul De Sac, Greenbelt
  • Lot Size: 1/2 - 1 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2024
Sold by
Brown Steven
Bought by
Brown Steven and Brown Jackie Lynn
Current Estimated Value
$857,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,550
Outstanding Balance
$758,597
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$99,277

Purchase Details

Closed on
Mar 15, 2021
Sold by
Davatz Jon
Bought by
Swinford Scott and Dunn Swinford Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2017
Bought by
Davatz Jon and Vu Davatz Jaynene

Purchase Details

Listed on
Mar 8, 2015
Closed on
Jul 24, 2015
Sold by
Stocker Larry L
Bought by
Lkuy Holdings Llc
Seller's Agent
Brad London
London Realty Group Inc.
Buyer's Agent
Deborah Belyeu
Georgia Land Resources, LLC
List Price
$379,900
Sold Price
$340,000
Premium/Discount to List
-$39,900
-10.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Steven $2,024,110 None Listed On Document
Brown Steven $1,050,000 None Listed On Document
Swinford Scott $545,700 --
Davatz Jon $426,700 --
Lkuy Holdings Llc $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Steven $766,550
Previous Owner Swinford Scott $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2015 07/24/15 Sold $340,000 -6.8% $125 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
06/05/2015 06/05/15 Price Changed $365,000 -3.9% $134 / Sq Ft
03/08/2015 03/08/15 For Sale $379,900 -- $139 / 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
2024 $5,987 $212,236 $44,000 $168,236
2023 $5,425 $204,040 $44,000 $160,040
2022 $5,920 $211,680 $44,000 $167,680
2021 $5,642 $183,640 $44,000 $139,640
2020 $5,811 $187,160 $34,000 $153,160
2019 $3,637 $136,480 $34,000 $102,480
2018 $4,387 $139,640 $34,000 $105,640
2017 $4,238 $132,120 $34,000 $98,120
2016 $4,008 $120,400 $34,000 $86,400
2015 $4,636 $136,940 $32,300 $104,640
2014 $4,306 $124,980 $32,300 $92,680
2013 -- $119,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07414502

Georgia MLS

APN: 06-14-05-008