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2850 Lost Lakes Way

2850 Lost Lakes Way, Powder Springs, GA 30127
Sold Feb 09, 2001
$283,000
$332,000 by Renasant Bank
Mortgage Due Jul 01, 2051
2850 Lost Lakes Way has been categorized by the local assessors in Powder Springs, GA as a residential type of property. The building on the property was first built in 2001 and is 23 years old. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2850 Lost Lakes Way has 3,273 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,414 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 12,284 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 462 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a screened porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2850 Lost Lakes Way sold most recently in Jan 29, 2001 for a total of $283,000. If you work out the math, that's approximately a cost of $86.47 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,325 in taxes each year. 2850 Lost Lakes Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $142,504. If we break it down further, the land itself was valued at $20,800. Improvements to the property, however, were assessed at a total of $121,704. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,414
  • Garage Type: Garage
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 12,284
  • Total Building Area: 3,273
  • Building Area: 3,273
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 3,273
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOST MOUNTAIN LAKE P-2
  • Land Acres: 0.282
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ALL THAT TRACT OR PARCEL OF LAND LYING AND BEING IN THE 19TH DISTRICT, 2ND SECTION, COBB COUNTY, GEORGIA, LYING WITHIN LAND

Ownership

  • Current Owner : TAYLOR DEBORAH
  • Previous Owner : NEW HORIZON HOMES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Cobb County School District
  • Census Tract: 031516

Geography

  • District: 5
  • Parcel: 19065500640
  • Municipality: POWDER SPRINGS
  • Latitude: 33.883
  • Longitude: -84.6904

    Address

  • Full Address: 2850 Lost Lakes Way
  • Address - House Number: 2850
  • Address - Street Name: Lost Lakes
  • Address - Suffix Type: Way
  • State: GA
  • City Name: Powder Springs
  • Carrier Code: C012
  • 4-Digit Zip Code: 6017
  • Zip Code: 30127

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,325
  • Tax Rate Code Area: 5

    Appraisal Valuation

  • Standard Deviation: 0.1502
  • Valuation Date: Mar 08, 2023
  • Confidence Score: 81
  • Final Value: 572,438
  • High Value: 658,462
  • Low Value: 486,413

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $332,000
  • First Open Lien Mortgage Lender: RENASANT BANK
  • First Open Lien Mortgage Recording Date: Jul 06, 2021
  • First Open Lien Mortgage Loan Amount: $332,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $356,260
  • Market Land Value: $52,000
  • Market Improvement Value: $304,260

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $142,504
  • Assessed Land Value: $20,800
  • Assessed Improvements Value: $121,704

    Sales

  • Current Sale Contract Date: Jan 29, 2001
  • Current Sale Recording Date: Feb 09, 2001
  • Current Sale Transaction ID: 11466629516
  • Current Sale Price: $283,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: OPTION ONE MTG CORP
  • First Mortgage Transaction Date: Feb 09, 2001
  • First Mortgage Loan Amount: $268,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 29, 2031

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Lost Mountain Lakes



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Frequently Asked Questions

What neighborhood is 2850 Lost Lakes Way located in?
The 2850 Lost Lakes Way is a located in the neighborhood of Lost Mountain Lakes in Lost Mountain Lakes, Powder Springs.
What is the average sales price for listings in 2850 Lost Lakes Way?
The average sales price for units in 2850 Lost Lakes Way is $0 currently.

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