NOT LISTED FOR SALE

101 101 Sonnett Dr Cumming, GA 30040

Estimated Value: $863,000 - $1,103,000

4 Beds
4 Baths
3,560 Sq Ft
$271/Sq Ft Est. Value

Last Sold October 01, 2015

Last sale price $450,000 $126 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $5,843/month

10 Days on Market

Highlights

  • 259 Feet of Waterfront
  • Lake On Lot
  • Recreation Room
  • Otwell Middle School Rated A
  • Community Lake
  • Great Room

About This Home

As of October 2015

This is the house you've been looking for!!! Newly renovated home on highly desirable lake front lot with sunset view. In ground pool overlooks private lake. Large deck along entire backside of house, perfect for entertaining! Gourmet kitchen w/ granite counter tops, double ovens, and warming drawer. Large great room with vaulted ceiling, and lots of light. Master on main level faces the lake. Daylight basement has just been renovated w/ full kitchen, bedroom, bathroom, and work area; perfect for an in law suite. Don't wait, this one won't last long!!! CLICK ON VIRTUAL TOUR LINK!!!

Last Agent to Sell the Property

David Stuart

Atlanta Fine Homes - Sotheby's Int'l License #360987 Listed on: 08/17/2015

Atlanta Fine Homes - Sotheby's Int'l

Co-Listed By

Jeffrey Anderson

ERA Sunrise Realty License #313451

Last Buyer's Agent

Jeffrey Barnes

Atlantic States Realty LLC License #242307

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $8,543

Year Built

  • 2007

Lot Details

  • 0.89

Interior Spaces

  • Double Pane Windows
  • Great Room
  • Dining Room
  • Recreation Room
  • Loft
  • Bonus Room
  • Home Gym

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Additional Features

  • Lake On Lot
  • 259 Feet of Waterfront
  • Septic Tank

Community Details

  • Community Lake

Property Details

Home Type

Other

Est. Annual Taxes

$8,543

Year Built

2007

Lot Details

0

Listing Details

  • District: .
  • Section: .
  • Property Setting: Lake
  • Special Features: None
  • Year Built: 2007

Interior Features

  • Fireplaces: 2
  • Fireplace(s): 2, In Basement, In Great/Family Room
  • Lower Level Bedroom: 1
  • Main Floor Bedrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Basement: Bath Finished, Daylight, Inside Entrance, Outside Entrance, Finished Rooms
  • Kitchen Equipment: Dishwasher, Double Oven
  • Interior Amenities: Cable In Street, Ceilings 9 Ft Plus
  • Below Grade Finished Sq Ft: 1700
  • Unfinished Below Grade Sq Ft: 340
  • Above Grade Finished Sq Ft: 3560

Exterior Features

  • Roof: Composition
  • Exterior Features: Deck/Patio, Pool-in Ground, Porch, Sprinkler System
  • Construction: Brick 3 Sided
  • Waterfront Frontage: 259

Garage/Parking

  • Parking: 2 Car, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Gas
  • Heating: Forced Air
  • Energy Features: Double Pane/Thermo
  • Water/Sewer: Public Water, Septic Tank

Association/Amenities

  • Amenities: Lake

Schools

  • Elementary Bus Line: Yes
  • High School Bus: Yes
  • Middle School Bus: Yes
  • Elementary School: Kelly Mill / Forsyth / Forsyth County, GA
  • Middle School: Otwell / Forsyth / Forsyth County, GA
  • High School: Forsyth Central / Forsyth / Forsyth County, GA

Lot Info

  • Lot Description: Corner
  • Lot Size: 1/2 - 1 Acre
  • Land Lot: 42A
  • Lot: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2020
Sold by
Dillard Samuel M
Bought by
Alkire John and Alkire Cammie J
Current Estimated Value
$964,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$452,234
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$511,786

Purchase Details

Listed on
Aug 17, 2015
Closed on
Oct 1, 2015
Sold by
Barker Brian A
Bought by
Dillard Samuel M
Seller's Agent
David Stuart
Atlanta Fine Homes - Sotheby's Int'l
Buyer's Agent
Jeffrey Barnes
Atlantic States Realty LLC
List Price
$449,500
Sold Price
$450,000
Premium/Discount to List
$500
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Original Mortgage
$296,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2011
Sold by
Wells Fargo Finl Of Ga
Bought by
Barker Brian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2011
Sold by
Adams Beverly and Adams Myron P
Bought by
Wells Fargo Financial Ga Inc

Purchase Details

Closed on
Sep 9, 2005
Sold by
Martin Roger and Martin Karen
Bought by
Adams Paul and Adams Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Interest Rate
5.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alkire John $600,000 --
Dillard Samuel M $450,000 --
Barker Brian A $300,000 --
Wells Fargo Financial Ga Inc $88,045 --
Adams Paul $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alkire John $510,000
Previous Owner Dillard Samuel M $296,000
Previous Owner Barker Brian A $195,000
Previous Owner Adams Paul $354,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2015 10/01/15 Sold $450,000 +0.1% $126 / Sq Ft
08/28/2015 08/28/15 Pending -- -- --
08/17/2015 08/17/15 For Sale $449,500 -- $126 / Sq Ft
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,543 $371,128 $48,416 $322,712
2024 $8,543 $348,384 $34,000 $314,384
2023 $8,762 $355,976 $30,000 $325,976
2022 $7,103 $231,508 $28,000 $203,508
2021 $6,393 $231,508 $28,000 $203,508
2020 $1,184 $211,456 $28,000 $183,456
2019 $5,099 $200,440 $20,000 $180,440
2018 $5,307 $209,344 $20,000 $189,344
2017 $4,615 $175,632 $20,000 $155,632
2016 $4,615 $175,632 $20,000 $155,632
2015 $4,028 $149,716 $20,000 $129,716
2014 $3,602 $139,348 $20,000 $119,348
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07507993

Georgia MLS

APN: 127-066