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855 Lakemont Drive

855 Lakemont Drive, Gainesville, GA 30501
Property in Hall
Sold May 20, 2016
$183,000
$146,400 by Silverton Mortgage Specialists
Mortgage Due May 20, 2046
Sold Oct 05, 2015
$107,000
855 Lakemont Drive has been categorized by the local assessors in Gainesville, GA as a residential type of property. The building on the property was first built in 1956 and is 68 years old. However, we must point out that the home was most recently renovated and altered in 2010. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 855 Lakemont Drive has 1,694 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,050 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 20,517 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a log cabin/rustic style.

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 carport for those who require parking. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 855 Lakemont Drive was last sold in May 20, 2016 for $183,000. According to our calculations, that's $108.03 per sqft. Prior to that sales transaction, the property was sold for $107,000 in Oct 5, 2015. Current property owners are expected to pay $3,447 in taxes per year. The property on 855 Lakemont Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $117,804. To break that down further, the land itself was valued at $24,880. While improvements to the property were assessed at a total of $92,924. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 2010
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Log cabin/Rustic
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 20,517
  • Lot Size Depth Feet: 2,050
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,694
  • Building Area: 1,694
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,694
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKESHORE HEIGHTS
  • Land Acres: 0.471
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 3, BLK D, LAKESHORE HGTS

Ownership

  • Current Owner : ALMANO JUANITA L
  • Previous Owner : MARTIN BRIAN ROBIN
  • Owner Before Previous Owner: EK MARTIN SR PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gainesville City School District
  • School Tax School District: GAINESVILLE 1
  • Census Tract: 000401

Zoning

  • Zoning: R-I

Geography

  • Account Number: 9201
  • District: 004
  • Parcel: 01-117 -005-003
  • Block: D
  • Lot: 3
  • Municipality: GAINESVILLE
  • Latitude: 34.3002
  • Longitude: -83.8514

    Address

  • Full Address: 855 Lakemont Dr
  • Address - House Number: 855
  • Address - Street Name: Lakemont
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Gainesville
  • Carrier Code: C012
  • 4-Digit Zip Code: 2701
  • Zip Code: 30501

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,447
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.217
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 70
  • Final Value: 360,596
  • High Value: 438,856
  • Low Value: 282,336

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $146,400
  • First Open Lien Mortgage Lender: SILVERTON MORTGAGE SPECIALISTS
  • First Open Lien Mortgage Recording Date: May 20, 2016
  • First Open Lien Mortgage Loan Amount: $146,400
  • 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: May 20, 2046

    Market Valuation

  • Market Total Value: $294,510
  • Market Land Value: $62,200
  • Market Improvement Value: $232,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $117,804
  • Assessed Land Value: $24,880
  • Assessed Improvements Value: $92,924

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 20, 2016
  • Current Sale Recording Date: May 20, 2016
  • Current Sale Transaction ID: 1600069226
  • Current Sale Price: $183,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-003288
  • Previous Sale Recording Date: Oct 05, 2015
  • Previous Sale Contract Date: Oct 05, 2015
  • Previous Sale Amount: $107,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SILVERTON MORTGAGE SPECIALISTS
  • First Mortgage Transaction Date: May 20, 2016
  • First Mortgage Loan Amount: $146,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 20, 2046

About Gainesville



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Frequently Asked Questions

What neighborhood is 855 Lakemont Drive located in?
The 855 Lakemont Drive is a located in the neighborhood of Hall in Gainesville, Gainesville.
What is the average sales price for listings in 855 Lakemont Drive?
The average sales price for units in 855 Lakemont Drive is $0 currently.

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