NOT LISTED FOR SALE

848 E Lake Rd McDonough, GA 30252

Estimated Value: $500,000 - $648,182

4 Beds
3 Baths
3,434 Sq Ft
$169/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $500,000 $146 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,072/month

36 Days on Market

Highlights

  • Barn
  • 8.71 Acre Lot
  • Private Lot
  • Union Grove High School Rated A
  • Deck
  • Wooded Lot

About This Home

As of October 2021

NEW to the market!! This spacious 4 Bedroom, 3 full bath ALL BRICK RANCH home is on a partially FINISHED BASEMENT & located in the sought after EAST LAKE elementary, UNION GROVE middle & high school district. As you enter through the heavy duty gated entrance, You'll begin see the WOW factor! The custom designed stone columns, the cross fence, colorful flowers and mature Dogwood trees that line the driveway. You'll immediately notice the well maintained property nestled away on 8.71 beautiful acres. The open pasture includes hearty grape vines, garden space with electricity and multiple irrigation zones that begins at the entrance and runs down to the old pond site that was previously over an acre stocked POND. It can easily be cleared again for tons of enjoyment fishing right off the observation dock that is still in place! The dock has 110 and 220 power and a fresh water supply line. The home features spacious rooms throughout with hardwood floors, a large separate dining room, formal living/office space, a large eat in breakfast room and a huge walk in pantry. The enormous master suite features a huge walk in closet that's the size of a bedroom, a private sitting room/office space and a huge master bath with tile shower & a deep soaking tub & a private exit to the oversized 20x24' Steel & concrete back patio where you can relax and enjoy listening to the sounds on nature. The deck is engineered with steel and a 4" concrete slab for the capability of future room expansion. The partially finished basement includes tile floors, a bedroom, one full bath, bar / kitchenette space, and a huge family room that's currently being used as a craft room plus tons of storage space. There is a huge 30'x40' detached garage/workshop that has power and water with a half bath already installed. This is any man's dream MANCAVE! If privacy in a country setting is what your after and in a fantastic school district, then this is the home for you!

Last Agent to Sell the Property

Angela Moss

BHGRE Metro Brokers License #263249 Listed on: 08/25/2021

BHGRE Metro Brokers

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,347

Year Built

  • Built in 1965

Lot Details

  • 8.71 Acre Lot
  • Private Lot
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Garden

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • Ceiling Fan
  • Fireplace Features Masonry
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Library
  • Home Gym
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Bathtub Includes Tile Surround

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Parking

  • 3 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Outbuilding
  • Porch

Schools

  • East Lake Elementary School
  • Union Grove Middle School
  • Union Grove High School

Farming

  • Barn

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 24

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,347

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 7
  • Year Built: 1965
  • ArchitecturalStyle: Brick 4 Side, Ranch, Traditional
  • Financing Type: Conventional 90%
  • Levels: One
  • Lot Size Acres: 8.71
  • Other Sturctures: Barn(s), Outbuilding, Workshop
  • Property Sub-Type: Single Family Residence
  • Total Finished Area2: 3434
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Tankless Water Heater, Electric Water Heater, Gas Water Heater, Dishwasher, Oven/Range (Combo), Stainless Steel Appliance(s)
  • Bedrooms: 4
  • Dining Room Features: Dining Rm/Living Rm Combo, Separate Room
  • Basement: Interior Entry, Exterior Entry, Finished, Full
  • Below Grade Finished Sq Ft: 1125
  • Total Finished Sq Ft: 2309
  • Unfinished Below Grade Sq Ft: 451
  • Above Grade Finished Sq Ft: 2309
  • Interior Amenities: Double Vanity, Tile Bath, Walk-In Closet(s), In-Law Floorplan, Master On Main Level
  • Full Bathrooms: 3
  • Fireplace Features: Family Room, Masonry
  • Flooring: Hardwood, Tile
  • Kitchen Features: Breakfast Room
  • Price Per Square Foot: 145.602

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Bedroom Lower Level: 1
  • Bedroom Main Level: 3

Exterior Features

  • ExteriorFeatures: Balcony, Garden
  • Lot Features: Level, Open Lot, Private
  • Patio And Porch Features: Deck, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Detached, Garage, Side/Rear Entrance
  • ParkingTotal: 3

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Propane, Central
  • Laundry Features: In Basement
  • Security Features: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: East Lake
  • High School: Union Grove
  • High School Bus: Yes
  • Middle School: Union Grove
  • Middle School Bus: Yes
  • Elementary School: East Lake
  • Middle School: Union Grove
  • High School: Union Grove

Lot Info

  • Land Lot: 24
  • Deed Book: 14975
  • Deed Page: 139

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4347

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2024
Sold by
Northern Group Management Inc
Bought by
Wallace Cardinal
Current Estimated Value
$579,394

Purchase Details

Closed on
Oct 20, 2023
Sold by
Wallace Michal
Bought by
Northern Group Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2023
Sold by
Reed Tonda
Bought by
Wallace Michal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2021
Closed on
Oct 20, 2021
Sold by
Mercer James C
Bought by
Reed Tonda
Seller's Agent
Angela Moss
BHGRE Metro Brokers
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$479,900
Sold Price
$500,000
Premium/Discount to List
$20,100
4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%

Purchase Details

Closed on
May 13, 2010
Sold by
Mercer Valerie S
Bought by
Mercer James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 1999
Sold by
Elliott Michael H
Bought by
Crown Prop Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,094
Interest Rate
7.85%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 5, 1998
Sold by
Elliott Michael and Kelly Suz-Etal
Bought by
Mercer Iii James and Mercer Iii Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.47%
Mortgage Type
New Conventional
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
Wallace Cardinal $280,000 --
Northern Group Management Inc -- --
Wallace Michal -- --
Reed Tonda $500,000 --
Mercer James C -- --
Crown Prop Ltd -- --
Crown Prop Ltd -- --
Mercer Iii James $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Northern Group Management Inc $280,000
Previous Owner Northern Group Management Inc $280,000
Previous Owner Mercer James C $240,000
Previous Owner Crown Prop Ltd $59,094
Previous Owner Mercer Iii James $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $500,000 0.0% $146 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/30/2021 09/30/21 Price Changed $499,900 +4.2% $146 / Sq Ft
08/25/2021 08/25/21 For Sale $479,900 -- $140 / 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 $0 $362,480 $35,520 $326,960
2023 $11,785 $340,640 $52,080 $288,560
2022 $7,562 $196,080 $48,080 $148,000
2021 $4,347 $126,800 $41,280 $85,520
2020 $4,194 $120,960 $38,880 $82,080
2019 $4,095 $117,280 $36,880 $80,400
2018 $3,839 $107,200 $34,040 $73,160
2016 $3,217 $89,880 $30,040 $59,840
2015 $3,354 $91,080 $34,600 $56,480
2014 $3,106 $83,960 $34,600 $49,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 9039806

Georgia MLS

APN: 0119-02-031-001