825 Lakewood Dr Lagrange, GA 30240

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3 beds · 2 baths · 1,952 sq ft · Lot Size: 43,560 sq ft · Single Family Home
Est. Property Value: $271,280

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825 Lakewood Dr is in the 30240 neighborhood of Lagrange, GA. It is located in Troup County and ZIP code 30240. This Single Family Home was built in 1961 and is approximately 64 years old. The single family home spans 1952 sq ft with 3 bedrooms and 2 bathrooms and sits on a 43560 sq ft lot. According to public records, it was last sold in 2013 for $135,000 and has a tax-assessed value of $320,760, which is $139 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 825 Lakewood Dr Lagrange, GA 30240 with Property Intel by Whitepages.

825 Lakewood Dr

Lagrange, GA 30240

Owner Info

Owners & Occupancy for 825 Lakewood Dr

This property is owned by Karen L Nelson. Owner contact information includes 2 phone numbers and 1 email address.

Property Owners

Residence************
Landline(706) 882-4286
Distance from Property**********
Email Address***********@hotmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 67
Resident 2************** age 44
Resident 3******************** age 70

Property Financials for 825 Lakewood Dr

825 Lakewood Dr, Lagrange, GA has no known mortgage. The Troup county assessment for 2024 values it at $320,760, with annual taxes of $3,295.

Property Tax

Purchase DateNovember 05, 2013
Property Tax Amount$3,295 in 2024
Purchase Price$135,000
Assessed Value$320,760 on 2024

Investment Potential for 825 Lakewood Dr

The property has a current estimated value of $271,280, which is 45% above the zip median, based on public records. It last sold on November 05, 2013 for $135K. Projected long-term
is $22,800 annually ($1,900 per month) with a 88% occupancy rate.

Discover more Single Family Homes in 30240.

Long-Term

Gross Rental
$22,800 per year($1,900 per month)
Net Operating Income
Cap Rate
Occupancy Rate
88%in 30240 zip code
 
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Property Details for 825 Lakewood Dr

Property Details

Property Sq Ft

Living Area

1,952 sq ft

24% above market

Lot Size

43,560 sq ft

0% above market

Price Per Sq Ft

Living Area

$139 / sq ft

20% above market

Lot Size Area

$6 / sq ft

24% above market

Property condition, age, exterior, etc. for 825 Lakewo…
Longitude: -85.046821 Latitude: 33.05618 Parcel Number (APN): 061-1B-009-008…

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Market Benchmarks

Compare data for 825 Lakewood Dr in Troup County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$271,280
$269,814
$1,466 (1%)
$371,166
-$69,063 (-19%)
YoY Price Change
1.59%
-402%
Year Built
1961
1989
-28 years
Living Space
1,952 sq ft
1,684 sq ft
268 (16%)
$ Per Living Sq Ft
$139
$155
-$16 (-10%)
Lot Size
43,560 sq ft
16,553 sq ft
27007 (163%)
$ Per Lot Sq Ft
$6
$15
-$8 (-57%)

Net Operating Income
$17,687
-$3,208 (-18%)
Annual Revenue
$22,800
$25,800
-$3,000 (-12%)
$7,552
$769 (10%)
Net Operating Income
$17,687
-$3,208 (-18%)
Cap Rate
6.47%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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