NOT LISTED FOR SALE

55 Southlake Ln McDonough, GA 30252

Estimated Value: $359,169 - $394,000

4 Beds
3 Baths
2,554 Sq Ft
$145/Sq Ft Est. Value

Last Sold March 12, 2024

Last sale price $360,000 $141 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,428/month

5 Days on Market

Highlights

  • Community Lake
  • Deck
  • Wood Flooring
  • Ola High School Rated A-
  • 1.5-Story Property
  • Main Floor Primary Bedroom

About This Home

As of March 2024

Ola School District!!! Welcome to this beautiful home in the sought-after Lake Dow Estates. This is a true gem. It has an awesome front and backyard, it also has a rocking chair front porch, a screened in back porch, and a back deck. These are the perfect areas to entertain your guest or enjoy a quiet evening at home. The square footage provides space that you will sure to enjoy. Inside you will find a beautiful brick fireplace in the living room, hardwood floors on the main floor, and a kitchen filled with cabinets and a bay window for those nice sunny days. Upstairs there is a HUGE 4th bedroom. In the basement you will find a recreation room, and a bonus room waiting for you to create the space perfect for you. There is also an unfinished room in the basement that provides storage and it also has a boat door. This home embodies space, comfort, and entertainment options. With its excellent school district, expansive yards, brick fireplace, hardwood floors, well-equipped kitchen, spacious bedrooms, screened porch, finished basement with a custom bar and bonus room, as well as unfinished space with a boat door, it offers an exceptional living experience. Don't miss the chance to call this place home. Schedule a showing today and explore the potential and comfort that await you in this remarkable property. Thanks for showing!

Last Agent to Sell the Property

Marcella Rodgers

Orchard Brokerage, LLC License #367596 Listed on: 02/09/2024

Orchard Brokerage, LLC

Last Buyer's Agent

Tamika Houston

Houston Premier Realty License #371479

Houston Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,154

Year Built

  • Built in 1993

Lot Details

  • 1.2

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • 1.5-Story Property
  • Traditional Architecture
  • Composition Roof
  • Brick Front

Interior Spaces

  • 2,554 Sq Ft Home
  • Ceiling Fan
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Bonus Room
  • Screened Porch

Kitchen

  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry in Mud Room
  • Laundry Room

Finished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry
  • Natural lighting in basement

Parking

  • Garage
  • Side or Rear Entrance to Parking

Schools

  • Ola Elementary And Middle School
  • Ola High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Additional Features

  • Deck
  • 1.2 Acre Lot

Community Details

  • Lake Dow Estates Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 319

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,154

Year Built

Built in 1993

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Residential
  • District: 7TH
  • Section: III
  • Year Built: 1993
  • ArchitecturalStyle: Brick Front, Ranch, Traditional
  • Financing Type: FHA
  • Levels: One and One Half
  • Lot Size Acres: 1.20
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2554
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Bedrooms: 4
  • Basement: Daylight, Exterior Entry, Finished, Interior Entry, Partial, Unfinished
  • Total Finished Sq Ft: 2554
  • Above Grade Finished Sq Ft: 2554
  • Interior Amenities: Double Vanity, Master On Main Level, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Fireplace Features: Living Room, Masonry
  • Flooring: Carpet, Hardwood, Laminate, Other
  • Kitchen Features: Solid Surface Counters
  • Price Per Square Foot: 137.000

Beds/Baths

  • Main Level Full Bathrooms: 3
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Other
  • Lot Features: Other
  • Patio And Porch Features: Deck, Screened
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Garage, Side/Rear Entrance

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Window Unit(s)
  • Heating: Central, Forced Air, Natural Gas
  • Laundry Features: In Mud Room
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available, Other
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 350
  • Association: Yes
  • Community Features: Lake

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Ola
  • High School: Ola
  • Middle School: Ola
  • Elementary School: Ola
  • Middle School: Ola
  • High School: Ola

Lot Info

  • Land Lot: 1487T
  • Lot: 319
  • Plat Book: 22
  • Plat Page: 63

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1154

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2023
Sold by
Phillips Robert A
Bought by
Orchard Property 5 Llc and Orchard Property V Llc
Current Estimated Value
$371,042

Purchase Details

Closed on
Feb 22, 2018
Sold by
Walker Joseph W
Bought by
Phillips Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,900
Interest Rate
4.15%
Mortgage Type
VA

Purchase Details

Closed on
Apr 30, 2004
Sold by
Walker Joseph W and Walker Mary H
Bought by
Walker Joseph W and Walker Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,800
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 1993
Sold by
Coffins Buck
Bought by
Walker Joseph W and Walker Mary H
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
Orchard Property 5 Llc $320,000 --
Phillips Robert A $249,900 --
Walker Joseph W -- --
Walker Joseph W $135,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips Robert A $249,900
Previous Owner Walker Joseph W $193,800
Closed Walker Joseph W --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Sold $360,000 +2.9% $141 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $349,900 -- $137 / 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 $5,183 $128,000 $14,848 $113,152
2023 $1,150 $169,400 $18,800 $150,600
2022 $1,154 $140,480 $18,800 $121,680
2021 $4,369 $111,360 $18,000 $93,360
2020 $4,119 $104,840 $16,000 $88,840
2019 $3,932 $99,960 $15,694 $84,266
2018 $3,788 $96,200 $16,000 $80,200
2016 $2,532 $63,480 $12,000 $51,480
2015 $2,132 $51,440 $12,000 $39,440
2014 $1,918 $45,480 $10,000 $35,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10251924

Georgia MLS

APN: 140C-06-002-000