NOT LISTED FOR SALE

109 Tower Rd Cumming, GA 30040

Estimated Value: $313,398 - $442,000

3 Beds
1 Bath
936 Sq Ft
$405/Sq Ft Est. Value

Last Sold October 10, 2012

Last sale price $46,000 $49 Per Sq Ft

Est. 725% increase in value since last sale

Current estimated payment $2,242/month

42 Days on Market

Highlights

  • Private Lot
  • Ranch Style House
  • Central Air
  • Otwell Middle School Rated A
  • Open to Family Room
  • Carpet

About This Home

As of October 2012

3 BEDROOM - 1 BATHROOM RANCH HOME ON A 1.34 ACRE HOMESITE LOCATED IN FORSYTH COUNTY.

Last Agent to Sell the Property

Thomas Walters

Virtual Properties Realty.com License #180598 Listed on: 06/19/2012

Virtual Properties Realty.com

Last Buyer's Agent

Jason Duarte

First United Realty, Inc. License #331182

First United Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,042

Year Built

  • Built in 1998

Lot Details

  • Private Lot

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 936 Sq Ft Home
  • Carpet
  • Crawl Space

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Pad
  • Driveway Level

Schools

  • Cumming Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Community Details

  • Ducktown Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 109TOWERRD

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,042

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1998
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Basement: Crawl Space
  • Kitchen Features: Cabinets Stain, Laminate Counters, Eat-in Kitchen, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 936.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Full Baths: 1
  • Main Full Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition

Garage/Parking

  • Parking Features: Driveway, Level Driveway, Parking Pad

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: DUCKTOWN RURAL

Schools

  • Elementary School: Cumming
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Land/Lot: 1058
  • Section G M D: 1ST
  • Deed Book: 1542
  • Deed Page: 0412
  • Plat Book: 51
  • Plat Page: 142
  • Lot Features: Private
  • Lot Dimensions: 1.34 ACRES
  • Parcel Number: 109TOWERRD
  • Property Attached Yn: No

Tax Info

  • Taxes: 1042.00
  • Assessor Parcel Number: 125-000-120
  • Close Date: 2012-10-10
  • Tax Year: 2010

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Cumming
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2012
Closed on
Oct 10, 2012
Sold by
Housing And Urban Developm
Bought by
Barnes Jacob
Seller's Agent
Thomas Walters
Virtual Properties Realty.com
Buyer's Agent
Jason Duarte
First United Realty, Inc.
List Price
$46,000
Sold Price
$46,000
Current Estimated Value
$379,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,350
Avg. Annual Appreciation
17.18%
Original Mortgage
$45,208
Outstanding Balance
$32,936
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$321,689

Purchase Details

Closed on
Sep 6, 2011
Sold by
Towne Mtg Co
Bought by
Housing And Urban Development
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
Barnes Jacob $46,000 --
Housing And Urban Development $119,602 --
Towne Mtg Co $119,602 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes Jacob $45,208
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2012 10/10/12 Sold $46,000 0.0% $49 / Sq Ft
07/31/2012 07/31/12 Pending -- -- --
06/19/2012 06/19/12 For Sale $46,000 -- $49 / 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 $2,101 $85,696 $38,592 $47,104
2023 $1,851 $75,216 $32,160 $43,056
2022 $1,554 $52,104 $21,440 $30,664
2021 $1,439 $52,104 $21,440 $30,664
2020 $1,394 $50,484 $21,440 $29,044
2019 $1,273 $46,020 $17,152 $28,868
2018 $1,060 $38,320 $17,152 $21,168
2017 $925 $33,344 $17,152 $16,192
2016 $902 $32,488 $16,296 $16,192
2015 $903 $32,488 $16,296 $16,192
2014 $892 $33,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5033412

First Multiple Listing Service (FMLS)

APN: 125-120