tomo logo

$350,000

Beds
3
Baths
2.0
sq ft
2,098

462 Lakeshore Dr, Stockbridge, GA 30281

462 Lakeshore Dr

Stockbridge, GA 30281

  • 55 days on market
LAKE FRONT/PARTIALLY REMODELED/NO RENT RESTRICTIONS!!! This modernized open floor plan offers 3 bedrooms & flex room, plus flexible living space both indoor & outdoor. Renovation includes all new Anderson windows & framing, new kitchen lined with cabinetry, new bathrooms, sheetrock, electrical, plumbing, HVAC, ductwork, lighting, paint, front door, sliding back door. Whether you're looking for a cozy place to settle down or a great addition to your investment portfolio, this property fits the bill! Located in a community with NO RENT RESTRICTIONS, provides an excellent potential for long-term rental income or short-term stays. The washer & dryer are negotiable items, giving an opportunity for a seamless transition into a new home or investment. Features a private dock for water activities such as electric boat, kayak, canoe, paddle-boards, fishing just to name a few. Spacious yard both front and back making this home perfect for family & entertaining. Great property to conveniently park and hook up an RV, a boat, multiple vehicles and plenty of space to store your outdoor water sport toys & gear. This Community features private lake access for the resident members & guests, access to beaches, the clubhouse and playground just to name a few. Conveniently located near expressways, Downtown Stockbridge, Stockbridge Ampitheatre, state parks, walking trails, mountain hiking, restaurants, retail and more. Note, owners are currently finishing the primary bathroom's remodel. Down Payment Assistance Program options available - up to $5,000 grant to be used towards closing costs/down payment, ask for more details.

Details

Property type

Single Family Residence

Est. home value

$258,722

Property condition

Updated/Remodeled

Lot size

0.33 acres

Price per sq ft

$167

Year built

1972

Annual property taxes

$4,053

HOA fee

$200

Price History

02/26/2025
FMLS

FMLS #7521657

Listed
$350,000
01/10/2025
FMLS

FMLS #7497628

Removed
05/23/2023
GeorgiaMLS

GeorgiaMLS #10127628

Sold
$252,500

Schools & Community

Elementary school: 

Woodland - Henry

Middle school: 

Woodland - Henry

High school: 

Woodland - Henry

Community features: 

Clubhouse, Lake, Park, Playground

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$87,387
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$234,613
Cash to seller
$87,387

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Community Mortgage

Loan start date

May 2023

Original loan amount

$239,875

Est. remaining balance

$234,613

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Mehrtash Mostofi

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/03/2025 at 8:00 PM

Listing updated: 04/02/2025 at 10:50 AM

Listed by: Kelly Long, Atlanta Fine Homes Sotheby's International Phone #: (770) 604-1000

MLS: FMLS #7521657

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