$4,988 Closing Credit¹
#10434172, Ginna De La Pena, Listing Office: Virtual Properties Realty.com
$420,000 List price
1955 E Lake Dr Marietta, GA 30066
$4,988
Closing credit¹
5 beds
3 full
2,500 sqft
0.6 acres
$168 / sqft
House
Property details
About 1955 E Lake Dr
Fully Renovated Home with Exceptional Cash Flow Potential Step into a rare investment opportunity with this impeccably renovated home, designed to deliver both luxurious living and significant rental income. Nestled in a thriving neighborhood, this property offers dual living areas, making it the perfect choice for savvy investors or homeowners seeking additional cash flow. **Key Features and Investment Highlights:** - **Dual Living Spaces:** This home features separate entrances and two fully equipped kitchens, offering endless flexibility. Perfect for multi-generational living or maximizing rental income—live in one unit and rent out the other to offset mortgage costs. - **Outstanding Cash Flow Potential:** With its versatile layout, this property is primed for multiple income streams. Consider long-term rentals, or capitalize on its prime location with short-term rental options to boost your returns. - **Spacious Layout:** Boasting **five generously sized bedrooms** and **three modern bathrooms,** this home ensures tenant comfort and optimal occupancy, driving rental demand. - **Brand-New Kitchens & Upgraded HVAC:** Two beautifully designed kitchens with new appliances and an efficient HVAC system enhance the property’s value and appeal, attracting quality tenants who appreciate contemporary amenities. - **Prime Location:** Situated in a desirable area with access to top-rated schools, scenic parks, and vibrant local amenities, this property is poised to attract a wide range of renters. Whether you’re an investor seeking a high-performing asset or a homeowner aiming to blend living and income potential, this property offers unmatched versatility and value. Don’t miss the chance to own this dual-purpose gem—schedule a showing today and unlock its full investment potential!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size2,500 sqft
BasementYes
Lot size0.6 Acres
Year built1962
ParkingCarport
MLS #7503887
ViewNeighborhood
Summary
- Full Bathrooms: 3
- Appliances: Dishwasher
- Basement: Yes
- Flooring Type: Luxury Vinyl
- Interior: Recessed Lighting
- Fireplace: None
- Total Bedroom Count: 5
- Attached Garage: No
- Private Pool: No
- Parking: Carport
- Waterfront: None
- View: Neighborhood
- Exterior: None
- Architectural Style: Ranch
- Heating: Central
- Cooling: Central Air
- List Price: $420,000
- Price/SqFt: $168
- Annual Tax Amount: $563
- Tax Year: 2024
- Lot: Cleared
- Directions: google maps
- Year Built: 1962
- Living Area: 2,500 SqFt
- Lot Size: 0.6 Acres
- MLS Number: 7503887
- MLS Name: First Multiple Listing Service
- Office Name: Virtual Properties Realty.com
- Office Phone: (770) 495-5050
- Listing Agent: Ginna DeLaPena
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2025 First Multiple Listing Service, Inc.
IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2025, 2:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$420,000
1955 E Lake Dr
$4,988
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 23, 2024 | Home Sold | $285,500 |
| May 17, 2024 | Home Sold | $245,000 |
| Jan 15, 2014 | Home Sold | $92,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $113,068 | $563 |
| 2022 | $94,980 | $509 |
| 2021 | $75,828 | $452 |
| 2020 | $64,788 | $452 |
| 2018 | $55,472 | $391 |
| 2017 | $51,792 | $340 |
History based on county public records data.
Nearby schools
7
Kincaid Elementary School
Public District KG-5
0.5 mi
•1410 Kincaid Rd
5
Sawyer Road Elementary School
Public District KG-5
1.0 mi
•840 Sawyer Rd
4
Lockheed Elementary School
Public District KG-5
1.8 mi
•1205 Merritt Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $75,144. Residents of Marietta, GA typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
20%
<35k
46%
35k-100k
24%
100k-200k
10%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
35%
Single, No Kids
9%
Single, with Kids
30%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
7%
12-17 yrs old
20%
18-34 yrs old
44%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Hiking/backpacking
Horse Races
Where do the neighbors shop?
Chico's
Nordstrom Rack
Stein Mart
Where do the neighbors go to eat?
Boston Market
Chipotle
LongHorn Steakhouse
What do the neighbors drive?
Volvo
Mazda
Buick
What do the neighbors listen to?
Talk/Personality
Rock- Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Marietta, GA
Marietta's transport infrastructure supports both private and public transit options, with a focus on connectivity and accessibility. The area features a network of roads and highways that facilitate commuting to Atlanta and other nearby cities. Public transportation services are available, providing residents with alternatives to private vehicle use. The community also places an emphasis on walkability, particularly in the downtown area, and has made efforts to improve bikeability through the development of bike lanes and trails.
Residents of Marietta benefit from a robust selection of services, including a network of public and private schools that cater to educational needs at all levels. The area is served by numerous healthcare facilities, offering a range of medical services to ensure community well-being. Public libraries are available for educational and recreational purposes, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern hospitality and cuisine.
Marietta prides itself on a vibrant community spirit, with a historic town square that serves as the heart of cultural activities and events. The area is celebrated for its annual festivals, including the Taste of Marietta and the Art Walk, which showcase local cuisine and artistry. The community's character is further defined by its well-preserved historical sites and the active engagement of its residents in local affairs and initiatives.
The housing landscape in Marietta is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate a range of preferences and needs. Architectural styles vary, with a prevalence of traditional and colonial homes that reflect the area's rich history, alongside modern constructions that cater to contemporary tastes. The majority of homes were built during a development boom in the late 20th century, with a homeownership rate that is reflective of a community invested in long-term residency.
About 1955 E Lake Dr
The listing price of 1955 E Lake Dr property is $420,000.
The property 1955 E Lake Dr is a house located in Marietta, Georgia, 30066.
Active Listing: 1955 E Lake Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1955 E Lake Dr are: Kincaid Elementary School (GreatSchools Rating 7/10), Sawyer Road Elementary School (GreatSchools Rating 5/10), Lockheed Elementary School (GreatSchools Rating 4/10), Daniell Middle School (GreatSchools Rating 5/10), Simpson Middle School (GreatSchools Rating 8/10), McCleskey Middle School (GreatSchools Rating 7/10), Sprayberry High School (GreatSchools Rating 7/10), Wheeler High School (GreatSchools Rating 7/10), Lassiter High School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $563 (source: MLS/based on county public records data).
The last sale was on May 23, 2024 for $285,500 (source: MLS/tax record).
The property at 1955 E Lake Dr has 5 bedrooms and 3 bathrooms.
The property 1955 E Lake Dr is 2,500 SqFt (source: MLS/tax record).
The year of construction for 1955 E Lake Dr is 1962.
This home is located at 1955 E Lake Dr in Marietta, GA and zip code 30066. This 2,500 square foot home, which was built in 1962, sits on a 0.60 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 4, 2025 and is currently priced at $420,000.
While more than 92 listings in Marietta, GA in March 2025 were sold above asking price, there were more than 62 listings sold at asking price, and more than 160 were sold below. In March 2025 in Marietta, GA there were 24.2% more homes for sale than in February. In March 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $478,928.
From Rocket Homes Real Estate and based on county public records data.