$360,000
SOLD MAY 5, 2025
2 Beds
1 Bath
1,134 Sq Ft
1.54 Acres

Recently Sold

$317 Per Sq Ft

Highlights

  • Boathouse
  • Docks
  • Lake View
  • 439 Feet of Waterfront
  • Gated Community
  • 1.54 Acre Lot

About This Home

As of May 2025

Completely renovated in 2023, this cozy 2-bedroom, 1-bath lake cottage offers modern comfort with timeless charm. Surrounded by nature, you'll enjoy an outdoor shower, private boat dock, upper firepit area, and a peaceful swing by the water. Watch deer, birds, and other local wildlife from your porch-perfect for tranquil lakefront living or weekend escapes.This Gorgeous Lake Rico Home is located in a gated community in Beautiful Chattahoochee Hills close to Serenbe. Rico Corporation owns the land, no mortgages allowed by corporation, cash only, lessor becomes a stockholder in the corporation. $10,000 corporate stockholder buy-in required to become part of this community. Be sure to read all documents pertaining to the Rico Corporation, community disclosure, and 99-year lease prior to showing. Weissman Law is preferred attorney due to Corporation rules/regulations. House #22

Last Agent to Sell the Property

Susanna Powell

Atlanta Fine Homes - Sotheby's Int'l License #437060 Listed on: 04/14/2025

Atlanta Fine Homes - Sotheby's Int'l

Co-Listed By

Evan Mckinney

Atlanta Fine Homes - Sotheby's Int'l License #355447

Last Buyer's Agent

Elizabeth Yeoman

EXIT Realty Mountain View Properties License #240562

EXIT Realty Mountain View Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,330

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 1.54 Acre Lot
  • 439 Feet of Waterfront
  • Lake Front
  • Corner Lot
  • Open Lot
  • Wooded Lot

Parking

  • Carport

Home Design

  • Bungalow
  • Slab Foundation

Interior Spaces

  • 1,134 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • Family Room
  • Living Room with Fireplace
  • Screened Porch
  • Lake Views

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Boathouse
  • Docks
  • Outbuilding

Schools

  • Palmetto Elementary School
  • Bear Creek Middle School
  • Creekside High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

Overview

  • No Home Owners Association
  • Rico Lake #22 Subdivision
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,330

Year Built

Built in 1960 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • ArchitecturalStyle: Bungalow/Cottage
  • Co List Office: ATFH03
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: 1.54
  • Other Sturctures: Boat House, Outbuilding
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1134
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Washer
  • Bedrooms: 2
  • Basement: None
  • Total Finished Sq Ft: 1134
  • Above Grade Finished Sq Ft: 1134
  • Interior Amenities: Beamed Ceilings, Master On Main Level, Soaking Tub, Vaulted Ceiling(s)
  • Feature Name: Other Lake
  • Full Bathrooms: 1
  • Fireplace Features: Living Room
  • Flooring: Other
  • Kitchen Features: Kitchen Island, Pantry
  • Window Features: Skylight(s)
  • Price Per Square Foot: 317.460

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 2

Exterior Features

  • Waterfront Frontage: 439
  • Common Walls: No Common Walls
  • Construction Materials: Other
  • ExteriorFeatures: Dock
  • Foundation Details: Slab
  • Lot Features: Corner Lot, Open Lot
  • Patio And Porch Features: Screened
  • Property Condition: Updated/Remodeled
  • Roof: Other
  • View: Lake

Garage/Parking

  • Parking Features: Carport

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other
  • Security Features: Gated Community
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated, Lake

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Palmetto
  • High School: Creekside
  • High School Bus: No
  • Middle School: Bear Creek
  • Middle School Bus: No
  • Elementary School: Palmetto
  • Middle School: Bear Creek
  • High School: Creekside

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2330

MLS Schools

  • Elementary Bus Line: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2025
Closed on
May 5, 2025
Sold by
Powell Susanna
Bought by
Gilleland Victoria S
Seller's Agent
Susanna Powell
Atlanta Fine Homes - Sotheby's Int'l
Buyer's Agent
Elizabeth Yeoman
EXIT Realty Mountain View Properties
List Price
$360,000
Sold Price
$360,000
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.85%

Purchase Details

Closed on
Mar 21, 2023
Sold by
Swords Lorri Seals Suc
Bought by
Powell Susanna

Purchase Details

Closed on
Nov 25, 2013
Sold by
Thomas W Arthur
Bought by
Seals E Lamar

Purchase Details

Closed on
Jun 1, 2007
Sold by
Swords Philip G
Bought by
Seals Emmett L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $360,000 --
Limited Warranty Deed $360,000 --
Warranty Deed $275,000 --
Warranty Deed $145,000 --
Quit Claim Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Sold $360,000 0.0% $317 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
04/14/2025 04/14/25 For Sale $360,000 +112.6% $317 / Sq Ft
09/28/2017 09/28/17 Sold $169,300 -8.5% $115 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $185,000 -- $125 / 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
2025 $2,330 $71,560 -- $71,560
2023 $2,330 $67,880 $0 $67,880
2022 $2,397 $67,880 $0 $67,880
2021 $2,412 $65,920 $0 $65,920
2020 $2,461 $65,120 $0 $65,120
2019 $2,425 $63,960 $0 $63,960
2018 $2,388 $62,480 $0 $62,480
2017 $1,116 $28,480 $0 $28,480
2016 $1,143 $28,480 $0 $28,480
2015 $1,147 $28,480 $0 $28,480
2014 $1,185 $28,480 $0 $28,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10499808

Georgia MLS

APN: 08-1700-0074-089-8