NOT LISTED FOR SALE

7466 W Lake Dr Lithia Springs, GA 30122

Lithia Springs Neighborhood

Estimated Value: $203,000 - $421,000

3 Beds
2 Baths
1,650 Sq Ft
$175/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $70,000 $42 Per Sq Ft

Est. 313% increase in value since last sale

Current estimated payment $1,801/month

17 Days on Market

Highlights

  • Accessible Entrance
  • Four Sided Brick Exterior Elevation
  • Level Lot

About This Home

As of August 2015

ATTENTION INVESTORS! LARGE BRICK HOME THAT HAS BEEN CONVERTED INTO 5, ONE BEDROOM ONE BATH UNITS! GREAT INCOME OPPORTUNITY! CONVENIENTLY LOCATED CLOSE TO SHOPPING, DINING, INTERSTATE ACCESS & ARBOR PLACE MALL. PROPERTY NEEDS A TLC, BUT PRICED TO SELL! SOLD AS-IS! SELLER CHOOSES CLOSING ATTORNEY. SEE PRIVATE REMARKS FOR OFFER INSTRUCTIONS. SHOW & SELL!

Last Listed By

Jennifer Cadwell

Sky High Realty License #205680 Listed on: 07/11/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,114

Year Built

  • Built in 1962

Lot Details

  • 0.75 Acre Lot
  • Level Lot

Parking

  • Driveway Level

Home Design

  • Composition Roof
  • Four Sided Brick Exterior Elevation

Accessible Home Design

  • Accessible Entrance

Schools

  • Lithia Springs Elementary School
  • Turner - Douglas Middle School
  • Lithia Springs High School

Utilities

  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 06271820007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,114

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Condition: Resale
  • Year Built: 1962
  • Accessibility Features: Accessible Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition

Garage/Parking

  • Parking Features: Driveway, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating: Natural Gas

Schools

  • Elementary School: Lithia Springs
  • Middle School: Turner - Douglas
  • High School: Lithia Springs

Lot Info

  • Acres: 0.7500
  • Land/Lot: 627
  • Section G M D: 2
  • Deed Book: 3300
  • Deed Page: 29
  • Plat Book: 3
  • Plat Page: 46
  • Lot Features: Level
  • Lot Dimensions: 0.69
  • Parcel Number: 06271820007
  • Property Attached Yn: No

Tax Info

  • Taxes: 1114.00
  • Assessor Parcel Number: 7182-06-2-0-007
  • Close Date: 2015-08-31
  • Tax Year: 2014

Multi Family

  • Number Of Units Total: 5

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Lithia Springs
  • High School: Lithia Springs
  • Middle School: Turner - Douglas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2018
Sold by
Pappalardo Eric
Bought by
Westlake Drive Apts Llc
Total Days on Market
17
Current Estimated Value
$289,035

Purchase Details

Listed on
Jul 11, 2015
Closed on
Aug 31, 2015
Sold by
3845 Willowbrook Llc
Bought by
Pappalardo Eric
Seller's Agent
Jennifer Cadwell
Sky High Realty
Buyer's Agent
Betty Wright
The Realty Group
List Price
$89,900
Sold Price
$70,000
Premium/Discount to List
-$19,900
-22.14%

Purchase Details

Closed on
May 1, 2015
Sold by
Georgia Property Solutions 4U Inc
Bought by
3845 Willowbrook Llc

Purchase Details

Closed on
Mar 3, 2015
Sold by
Hess Anne L
Bought by
Georgia Property Solutions 4U

Purchase Details

Closed on
Jul 31, 1998
Sold by
Smith J L
Bought by
Hess Anne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,800
Interest Rate
6.96%
Mortgage Type
FHA

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
Westlake Drive Apts Llc -- --
Pappalardo Eric $70,000 --
3845 Willowbrook Llc -- --
Georgia Property Solutions 4U $38,501 --
Hess Anne L $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hess Anne L $77,350
Previous Owner Hess Anne L $77,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2015 08/31/15 Sold $70,000 -22.1% $42 / Sq Ft
07/28/2015 07/28/15 Pending -- -- --
07/11/2015 07/11/15 For Sale $89,900 -- $54 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $2,382 $75,718 $14,480 $61,238
2023 $2,382 $89,080 $14,480 $74,600
2022 $1,791 $55,000 $8,240 $46,760
2021 $1,470 $45,080 $8,240 $36,840
2020 $1,495 $45,080 $8,240 $36,840
2019 $1,369 $44,200 $8,240 $35,960
2018 $1,328 $42,680 $8,240 $34,440
2017 $1,215 $38,320 $7,840 $30,480
2016 $903 $28,000 $6,096 $21,904
2015 $1,102 $33,440 $7,280 $26,160
2014 $1,114 $33,160 $9,120 $24,040
2013 -- $33,160 $9,120 $24,040
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Cadwell

    Seller's Agent in 2015

    Jennifer Cadwell

    Sky High Realty

    (770) 294-9042

    3 in this area

    212 Total Sales

    Jennifer Cadwell
    Section Image

  • B

    Buyer's Agent in 2015

    Betty Wright

    The Realty Group

    (770) 355-6251

    11 Total Sales

    Betty Wright
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5567421

First Multiple Listing Service (FMLS)

APN: 7182-06-2-0-007

Georgia Douglas County Douglasville 30122 Lithia Springs

7466 W Lake Dr, Douglasville, GA

Homes for Sale in Lithia Springs, GA

This home is located at 7466 W Lake Dr, Lithia Springs, GA 30122 since 11 July 2015 and is currently estimated at $289,035, approximately $175 per square foot. This property was built in 1962. 7466 W Lake Dr is a home located in Douglas County with nearby schools including Lithia Springs Elementary School, Turner Middle School, and Lithia Springs Comprehensive High School.

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