Buyer's Agent in 2024
Cathy Metts
Keller Williams Aiken Partners
(803) 262-4460
1 in this area
225 Total Sales
861 Lake Terrace Dr Augusta, GA 30904
Lakemont NeighborhoodEstimated Value: $185,000 - $217,000
2
Beds
2
Baths
920
Sq Ft
$213/Sq Ft
Est. Value
Highlights
- Deck
- Ranch Style House
- Front Porch
- Johnson Magnet Rated 10
- No HOA
- Living Room
About This Home
As of June 2024***Back on market due to last-minute buyer financing issues*** Location! Location! Location! And so many options await the next owners of this masterfully crafted cottage nestled deep inside Lakemont Heights! Only a bike ride away from Bedford Greenhouses, The Augusta Canal Trail System and the beautiful Lake Olmstead, you will never run out of activities while you are not out back enjoying the privacy of the back yard! This property was completely renovated from the ground up in 2021 and it certainly shows. For a primary homeowner, this 2-bedroom, 2 full-bathroom home is a fantastic option for the busy young professional looking for a first home that will require very little initial maintenance. For a savvy investor, welcome to a true plug-in and play AirBnb or long-term rental that averaged 2450/month in gross revenue over the past 8 months! Mature hardwoods and public water ways envelope the back of this property, ensuring that you will enjoy the serene backwoods views for years to come! No flood insurance required!!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,256
Year Built
- Built in 1950 | Remodeled
Lot Details
- 0.57
Home Design
- Ranch Style House
- Block Foundation
- Composition Roof
Interior Spaces
- 920 Sq Ft Home
- Living Room
Kitchen
- Built-In Electric Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Deck
- Front Porch
Schools
- Garrett Elementary School
- Tutt Middle School
- Westside High School
Additional Features
- 0.57 Acre Lot
- Central Air
Community Details
- No Home Owners Association
- Lakemont Heights Subdivision
Listing and Financial Details
- Legal Lot and Block 12 / H
- Assessor Parcel Number 0201202000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2024
Closed on
Jun 28, 2024
Sold by
Aedre1 Llc
Bought by
Orr Durinda
Buyer's Agent
Cathy Metts
Keller Williams Aiken Partners
List Price
$210,000
Sold Price
$210,000
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,659
Avg. Annual Appreciation
-3.76%
Original Mortgage
$150,000
Outstanding Balance
$115,403
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$85,544
Purchase Details
Closed on
Jul 5, 2023
Sold by
B & M Homes Llc
Bought by
Aed Re 1 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 22, 2021
Sold by
Southbound Assets Llc
Bought by
B & M Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,900
Interest Rate
3.09%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 4, 2020
Sold by
Hamilton William Ferguson Iii Estate
Bought by
Southbound Assets Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Orr Durinda | $210,000 | -- | |
| Aed Re 1 Llc | $180,000 | -- | |
| B & M Homes Llc | $102,000 | -- | |
| Southbound Assets Llc | $27,350 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Orr Durinda | $150,000 | |
| Previous Owner | Aed Re 1 Llc | $130,000 | |
| Previous Owner | B & M Homes Llc | $130,000 | |
| Previous Owner | B & M Homes Llc | $106,900 | |
| Previous Owner | B & M Homes Llc | $60,000 | |
| Previous Owner | Southbound Assets Llc | $90,000 | |
| Previous Owner | Southbound Assets Llc | $55,000 | |
| Previous Owner | Hamilton William F | $50,500 | |
| Previous Owner | Hamilton William F | $40,001 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2024 06/25/24 | For Sale | $210,000 | 0.0% | $228 / Sq Ft |
| 06/21/2024 06/21/24 | Sold | $210,000 | 0.0% | $228 / Sq Ft |
| 05/17/2024 05/17/24 | Pending | -- | -- | -- |
| 05/10/2024 05/10/24 | For Sale | $210,000 | -- | $228 / Sq Ft |
Source: REALTORS® of Greater Augusta
Tax History Compared to Growth
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 | $2,256 | $69,296 | $6,400 | $62,896 |
| 2023 | $2,256 | $61,960 | $6,400 | $55,560 |
| 2022 | $1,641 | $29,713 | $6,400 | $23,313 |
| 2021 | $1,214 | $13,204 | $6,400 | $6,804 |
| 2020 | $1,276 | $29,194 | $6,400 | $22,794 |
| 2019 | $1,327 | $28,794 | $6,000 | $22,794 |
| 2018 | $1,335 | $28,794 | $6,000 | $22,794 |
| 2017 | $1,270 | $28,794 | $6,000 | $22,794 |
| 2016 | $1,108 | $28,794 | $6,000 | $22,794 |
| 2015 | $1,115 | $28,794 | $6,000 | $22,794 |
| 2014 | $1,116 | $28,794 | $6,000 | $22,794 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: REALTORS® of Greater Augusta
MLS Number: 528971
APN: 0201202000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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