$273,000
SOLD AUG 12, 2016

1040 Grove Park Ln Cumming, GA 30041

5 Beds
4 Baths
3,297 Sq Ft
0.95 Acres

Recently Sold

$83 Per Sq Ft

15% Below List Price

57 Days on Market

Highlights

  • 0.95 Acre Lot
  • Deck
  • Wooded Lot
  • Mashburn Elementary School Rated A
  • Private Lot
  • Traditional Architecture

About This Home

As of May 2021

Priced Thousands Below Market! Buyer Bonus! 30 Day Discount! Bright,Open Eat-in Kitchen W/ Granite Countertops, Tile Bcksplsh,Pendant Lighting,Beautiful Hrdwd Flrs & Spacious Brkfst Bar! 2 Story Vaulted Great Rm W/ Wall of Windows, Beautiful Hrdwd Flrs & A Cozy, Wood burning Frplc! Main lvl In-Law Suite complete w/ full Bath! Romantic Master Suite w/ Dbl Trey Ceil,Huge Wlak-in Closet & Luxurious Master Bath w/ Dbl Vanity,Cust Tile Flr,Soothing Whirlpool Tub & Lrg Tile Shower! Fin Bsmt offers a Rec/Bonus/Media Rm,In-Law/Teen Suite & Full Bath,Exercise Rm,Wkshp & Storeage

Last Agent to Sell the Property

Brad Carlton

BHGRE Metro Brokers License #169781 Listed on: 06/02/2016

BHGRE Metro Brokers

Last Buyer's Agent

Brad Carlton

BHGRE Metro Brokers License #169781 Listed on: 06/02/2016

BHGRE Metro Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,442

Year Built

  • Built in 1994

Lot Details

  • 0.95 Acre Lot
  • Landscaped
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Garden

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 3,297 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Formal Dining Room
  • Game Room
  • Workshop
  • Home Gym
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Hall

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Mashburn Elementary School
  • Lakeside - Forsyth Middle School
  • Forsyth Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Additional Features

  • Accessible Entrance
  • Property is near shops

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number C40 064

Community Details

Overview

  • $975 Initiation Fee
  • Grove Park Subdivision
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Community Playground
  • Swim or tennis dues are required
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,442

Year Built

Built in 1994

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1994
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Cathedral Ceiling(s), Disappearing Attic Stairs, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Speed Internet, Low-Flow Fixtures, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets Other, Eat-in Kitchen, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Exercise Room, Game Room, Great Room - 1 Story, Living Room, Workshop
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3297.00

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: In-Law Suite/Apartment, Roommate Floor Plan
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Full Baths: 4
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Construction Materials: Cement Siding, Stone
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Front Porch
  • Exterior Features: Garden

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Door Opener, Kitchen Level, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Hall, Laundry Room
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis, Trash
  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc, Near Shopping, Playground, Pool, Street Lights, Tennis Court(s)
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Home Warranty: Yes
  • Management Company Email: Groveparkprez@gmail.com
  • Subdivision Complex: GROVE PARK

Schools

  • Elementary School: Mashburn
  • Middle School: Lakeside - Forsyth
  • High School: Forsyth Central

Lot Info

  • Acres: 0.9500
  • Lot Features: Landscaped, Level, Private, Wooded
  • Lot Dimensions: ALMOST 1 ACRE!
  • Parcel Number: C40 064
  • Property Attached Yn: No

Rental Info

  • Initiation Fee: 975

Tax Info

  • Taxes: 2442.00
  • Assessor Parcel Number: C40-000-064
  • Close Date: 2016-08-12
  • Tax Year: 2015

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Mashburn
  • High School: Forsyth Central
  • Middle School: Lakeside - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
May 21, 2021
Sold by
Crump Jason Dennis
Bought by
Hovis Wesley E
Seller's Agent
Linde Moore
Keller Williams Rlty, First Atlanta
Buyer's Agent
Bob Freeman
Harry Norman Realtors
List Price
$425,000
Sold Price
$450,000
Premium/Discount to List
$25,000
5.88%
Current Estimated Value
$682,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,262
Avg. Annual Appreciation
9.71%
Original Mortgage
$360,000
Outstanding Balance
$329,463
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$340,936

Purchase Details

Listed on
Sep 13, 2016
Closed on
Dec 13, 2016
Sold by
John
Bought by
Crump Jason Dennis
Seller's Agent
Brad Carlton
BHGRE Metro Brokers
Buyer's Agent
Andrew Groslimond
Keller Williams Realty Peachtree Rd.
List Price
$359,923
Sold Price
$349,000
Premium/Discount to List
-$10,923
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$342,678
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 2, 2016
Closed on
Aug 12, 2016
Sold by
Leonard R
Bought by
Gibbs John and Gibbs Sharron
Seller's Agent
Brad Carlton
BHGRE Metro Brokers
Buyer's Agent
Brad Carlton
BHGRE Metro Brokers
List Price
$319,913
Sold Price
$273,000
Premium/Discount to List
-$46,913
-14.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
105.93%

Purchase Details

Closed on
Jun 30, 1994
Sold by
Hedgewood Prop Inc
Bought by
Malone John Glenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.52%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $450,000 --
Warranty Deed $349,000 --
Warranty Deed $273,000 --
Deed $168,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Closed $360,000 New Conventional
Previous Owner $342,678 FHA
Previous Owner $188,075 Stand Alone Refi Refinance Of Original Loan
Previous Owner $202,400 New Conventional
Previous Owner $125,000 No Value Available
Previous Owner $50,000 No Value Available
Previous Owner $80,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $450,000 +5.9% $138 / Sq Ft
03/22/2021 03/22/21 For Sale $425,000 -5.6% $130 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/02/2021 03/02/21 Off Market $450,000 -- --
03/02/2021 03/02/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $425,000 +21.8% $130 / Sq Ft
12/13/2016 12/13/16 Sold $349,000 -3.0% $106 / Sq Ft
10/28/2016 10/28/16 Pending -- -- --
10/17/2016 10/17/16 For Sale $359,923 0.0% $109 / Sq Ft
10/06/2016 10/06/16 Pending -- -- --
10/03/2016 10/03/16 Price Changed $359,923 -1.4% $109 / Sq Ft
09/27/2016 09/27/16 Price Changed $364,923 -1.4% $111 / Sq Ft
09/22/2016 09/22/16 Price Changed $369,923 -1.2% $112 / Sq Ft
09/13/2016 09/13/16 For Sale $374,473 +37.2% $114 / Sq Ft
08/12/2016 08/12/16 Sold $273,000 -8.7% $83 / Sq Ft
07/31/2016 07/31/16 Pending -- -- --
07/20/2016 07/20/16 Price Changed $299,000 -6.5% $91 / Sq Ft
06/03/2016 06/03/16 For Sale $319,913 -- $97 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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
2024 $5,463 $254,608 $60,000 $194,608
2023 $4,929 $243,836 $50,000 $193,836
2022 $4,559 $159,796 $34,000 $125,796
2021 $3,904 $159,796 $34,000 $125,796
2020 $3,786 $154,104 $34,000 $120,104
2019 $3,748 $151,968 $24,000 $127,968
2018 $3,679 $147,672 $24,000 $123,672
2017 $3,304 $129,232 $24,000 $105,232
2016 $2,559 $99,724 $20,000 $79,724
2015 $2,442 $93,964 $18,000 $75,964
2014 $2,189 $87,552 $18,000 $69,552
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5700798

First Multiple Listing Service (FMLS)

APN: C40-064