L
Seller's Agent in 2023
Linda Bradley
Virtual Properties Realty.BIZ
(770) 403-2866
4 in this area
37 Total Sales
1025 Timber Lake Dr Cumming, GA 30041
Estimated Value: $486,000 - $672,000
4
Beds
3
Baths
3,200
Sq Ft
$174/Sq Ft
Est. Value
Highlights
- Open-Concept Dining Room
- Pool House
- Sitting Area In Primary Bedroom
- Mashburn Elementary School Rated A
- RV Access or Parking
- View of Trees or Woods
About This Home
As of April 2023Amazing home on almost 1 Acre! This 4 bedroom/3 bath home is nestled near Lake Lanier, and has a 2+ car drive under garage/shop PLUS a huge detached
garage with a bonus area above! Plenty of room to park your boat, rv or many cars! The rear gate allows you to pull your rec. vehicle out onto an easy drive to Mary Alice Park, Bald Ridge Marina or many other boat ramps or camp areas! Immediate access to GA 400/exit 14 and all the shopping at Exit #15!
Yard is amazing and there's a great area for the kids to play basketball too! Roof is under 2 years old and so are many of the mechanicals! Master is on the MAIN level along with a guest bedroom/office plus a 2nd full bath. Additional 2 bedrooms and 1 full bath upstairs! Lower level/basement features a fun rec. room & storage plus a mud room! Setting is .85 acres and the back yard features plenty of space to entertain AND an in-ground pool ready for you to customize and renovate as you'd like! Just come take a closer look! No HOA, no covenants & restrictions against parking your boats, rv's etc. here! This is a rare find in South Forsyth County/Cumming! Close to Costco, Northside Hospital, lots of restaurants & shopping!
Last Agent to Sell the Property
Virtual Properties Realty. Biz License #127194 Listed on: 03/08/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,470
Year Built
- Built in 1973
Lot Details
- 0.85 Acre Lot
- Property fronts a county road
- Wood Fence
- Landscaped
- Level Lot
- Back Yard Fenced
Parking
- 4 Car Garage
- Side Facing Garage
- Drive Under Main Level
- Driveway Level
- RV Access or Parking
Home Design
- Traditional Architecture
- Farmhouse Style Home
- Cottage
- Frame Construction
- Shingle Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1.5-Story Property
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Fireplace With Gas Starter
- Insulated Windows
- Great Room with Fireplace
- Open-Concept Dining Room
- Breakfast Room
- Bonus Room
- Workshop
- Home Gym
- Views of Woods
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Breakfast Bar
- Dishwasher
- Wood Stained Kitchen Cabinets
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- Sitting Area In Primary Bedroom
- Oversized primary bedroom
- 4 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- Dual Closets
- Walk-In Closet
- Separate Shower in Primary Bathroom
- Soaking Tub
Finished Basement
- Partial Basement
- Garage Access
- Exterior Basement Entry
Pool
- Pool House
- In Ground Pool
- Vinyl Pool
- Fence Around Pool
Outdoor Features
- Deck
- Separate Outdoor Workshop
- Outdoor Storage
- Outbuilding
Schools
- Mashburn Elementary School
- Lakeside - Forsyth Middle School
- Forsyth Central High School
Utilities
- Central Air
- Air Source Heat Pump
- Heating System Uses Natural Gas
- 220 Volts in Garage
- 110 Volts
- Septic Tank
- High Speed Internet
Community Details
- Lanier Country Club Estates Subdivision
- Community Lake
Listing and Financial Details
- Legal Lot and Block 8-9 / c
- Assessor Parcel Number 198 170
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2023
Closed on
Apr 21, 2023
Sold by
Perez Alex M
Bought by
Franks Trenton Ashley and Franks Mary Alexandra
Seller's Agent
Linda Bradley
Virtual Properties Realty. Biz
Buyer's Agent
Jerry Inglima
Keller Williams Rlty Consultants
List Price
$479,000
Sold Price
$480,000
Premium/Discount to List
$1,000
0.21%
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,537
Avg. Annual Appreciation
6.17%
Original Mortgage
$432,000
Outstanding Balance
$420,713
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$134,824
Purchase Details
Closed on
Jul 28, 2017
Sold by
Willingham Judy A
Bought by
Perez Charlene R and Perez Alex M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Franks Trenton Ashley | $480,000 | None Listed On Document | |
| Perez Charlene R | $169,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Franks Trenton Ashley | $432,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2023 04/21/23 | Sold | $480,000 | +0.2% | $150 / Sq Ft |
| 03/20/2023 03/20/23 | Pending | -- | -- | -- |
| 03/08/2023 03/08/23 | For Sale | $479,000 | -- | $150 / Sq Ft |
Source: First Multiple Listing Service (FMLS)
Tax History Compared to Growth
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 | $3,926 | $179,872 | $46,000 | $133,872 |
| 2024 | $3,926 | $174,492 | $38,400 | $136,092 |
| 2023 | $2,326 | $138,256 | $32,000 | $106,256 |
| 2022 | $2,470 | $81,412 | $20,000 | $61,412 |
| 2021 | $1,964 | $81,412 | $20,000 | $61,412 |
| 2020 | $1,920 | $79,292 | $16,000 | $63,292 |
| 2019 | $1,865 | $76,488 | $18,000 | $58,488 |
| 2018 | $1,693 | $67,800 | $22,760 | $45,040 |
| 2017 | $1,486 | $53,556 | $18,000 | $35,556 |
| 2016 | $1,431 | $51,556 | $16,000 | $35,556 |
| 2015 | $1,322 | $47,556 | $12,000 | $35,556 |
| 2014 | $1,202 | $45,404 | $12,000 | $33,404 |
Source: Public Records
Agents Affiliated with this Home
-
Linda Bradley
-
Jerry Inglima
Buyer's Agent in 2023
Jerry Inglima
Keller Williams Rlty Consultants
(678) 300-8196
1 in this area
13 Total Sales
Map
Source: First Multiple Listing Service (FMLS)
MLS Number: 7190034
APN: 198-170
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