tomo logo

$350,000

Beds
4
Baths
2.0
sq ft
2,098

462 Lakeshore Dr, Stockbridge, GA 30281

462 Lakeshore Dr

Stockbridge, GA 30281

  • Coming soon
REMODELED LAKE FRONT property coming soon in the highly desirable Swan Lake Estates. This modernized open floor plan offers 4 bedrooms and a flexible living space both indoor & outdoor. This renovation includes all new Anderson windows, framing & window treatments, brand new kitchen with 3 walls lined with cabinetry, all new bathrooms, sheetrock, electrical, plumbing, HVAC, ductwork, lighting, paint, recessed lighting, front door, sliding back door making it an **ideal move-in ready** home. This is a fantastic opportunity for both homeowners and investors alike. 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**, it provides excellent potential for long-term rental income or short-term stays. With the furniture and the washer & dryer negotiable, this provides a seamless transition into a new home or investment. Features one dock for activities (electric boat, kayak, canoe, paddle-boards, fishing) and entertaining. Great property to conveniently park and hook up an RV, a boat, multiple vehicle and offers plenty of space to store your outdoor and water sport toys & gear. Community features private lake access for the HOA resident members, beaches, clubhouse and playground just to name a few. A full list of all upgrades, renovations and customizations is available upon request.

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

Monthly HOA fee

$16.67

Price History

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

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

$87,134
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$234,866
Cash to seller
$87,134

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

$234,866

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?

Status: Coming Soon

Tomo last checked: 02/23/2025 at 12:05 PM

Listing updated: 02/18/2025 at 2:33 PM

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

MLS: FMLS #7521657

FMLS logo

Recently listed in Stockbridge