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5018 Lake Hollow

5018 Lake Hollow, Douglasville, GA 30135
Sold Sep 21, 2020
$380,000
$361,000 by Quicken Loans
Mortgage Due Jan 01, 2050
Sold Jul 27, 1998
$256,500
$166,400 by Douglas Federal Bank
Mortgage
Local assessors in Douglasville, GA have categorized 5018 Lake Hollow as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 25,018 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5018 Lake Hollow has a total of 2,214 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 458 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of shingle (not wood). Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5018 Lake Hollow was last sold in Sep 21, 2020 for $380,000. According to our calculations, that's $171.64 per sqft. Prior to that sales transaction, the property was sold for $256,500 in Jun 15, 1998. Current property owners are expected to pay $6,827 in taxes per year. The property on 5018 Lake Hollow was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $167,280. To break that down further, the land itself was valued at $26,000. While improvements to the property were assessed at a total of $141,280. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Type: Unspecified basement
  • Basement Area: 2,289
  • Garage Type: Garage
  • Garage Square Area: 458
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 25,018
  • Total Building Area: 2,214
  • Gross Building Area: 2,214
  • Building Area: 2,214
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,214
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CHAPEL HILLS S/D
  • Land Acres: 0.574
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HSE/LOT #37, CHAPEL HILLS S/D, UNIT 1, SECT 2

Ownership

  • Current Owner : MONTALVO DANIELLE
  • Previous Owner : JAMES L AND CONNIE J JOYCE REV TR
  • Owner Before Previous Owner: SAMS CUSTOM HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Douglas County School District
  • Census Tract: 080509

Zoning

  • Zoning: DCD

Geography

  • Account Number: 26041
  • District: 15
  • Section: 2
  • Parcel: 0045-01-5- -00185
  • Lot: 45
  • Municipality: DOUGLASVILLE
  • Latitude: 33.704
  • Longitude: -84.7283

    Address

  • Full Address: 5018 Lake Holw
  • Legal Unit: 1
  • Address - House Number: 5018
  • Address - Street Name: Lake
  • Address - Suffix Type: Holw
  • State: GA
  • City Name: Douglasville
  • Carrier Code: R024
  • 4-Digit Zip Code: 2699
  • Zip Code: 30135

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,827
  • Tax Rate Code Area: CITY OF DO

    Appraisal Valuation

  • Standard Deviation: 0.2003
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 479,299
  • High Value: 575,346
  • Low Value: 383,252

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $361,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS
  • First Open Lien Mortgage Recording Date: Sep 21, 2020
  • First Open Lien Mortgage Loan Amount: $361,000
  • 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: Jan 01, 2050

    Market Valuation

  • Market Total Value: $418,200
  • Market Land Value: $65,000
  • Market Improvement Value: $353,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,280
  • Assessed Land Value: $26,000
  • Assessed Improvements Value: $141,280

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: Sep 21, 2020
  • Current Sale Transaction ID: 11795798780
  • Current Sale Price: $380,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-004387
  • Previous Sale Recording Date: Jul 27, 1998
  • Previous Sale Contract Date: Jun 15, 1998
  • Previous Sale Amount: $256,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS
  • First Mortgage Transaction Date: Sep 21, 2020
  • First Mortgage Loan Amount: $361,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: DOUGLAS FEDERAL BANK
  • Previous Mortgage Transaction Date: Jul 27, 1998
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $166,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Chapel Hills



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Nearby Rentals

Unit for rent at

$2,080 /mo

  • 3 Beds
  • 2 Baths
  • 2,008 ft²
Listing by Manager
Unit for rent at

$2,049 /mo

  • 3 Beds
  • 2 Baths
  • 1,252 ft²
Listing by Manager
Unit for rent at

$1,910 /mo

  • 3 Beds
  • 2 Baths
  • 1,494 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 5018 Lake Hollow located in?
The 5018 Lake Hollow is a house located in the neighborhood of Chapel Hills in Chapel Hills, Douglasville.
What is the average sales price for listings in 5018 Lake Hollow?
The average sales price for units in 5018 Lake Hollow is $410,000 currently.

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