1115 Timber Lake Trail Cumming, GA 30041
3
Beds
3
Baths
3,200
Sq Ft
0.34
Acres
Highlights
- Lake View
- Deck
- Main Floor Primary Bedroom
- Mashburn Elementary School Rated A
- Private Lot
- Solid Surface Countertops
About This Home
As of December 2024Great opportunity to own a ranch home with a front porch ready for a swing for relaxing less than 2 miles from Hwy 400, shopping, dining, doctors, schools and hospital with no HOA near Lake Lanier. Perfect setup for inlaw suite downstairs with separate entrance from outside. This house offers seasonal view of the lake from 2 separate outdoor decks with a fenced in backyard. Main level has 2 bedrooms with 2 updated full bathrooms, laundry located in spacious secondary bathroom, LVT flooring and 2 updated kitchens. Downstairs has 1 full oversize bathroom, 2 large walk in closets used as a bedroom and additional flex room could be another bedroom as it has a closet, or a media-playroom-craft room. Downstairs kitchen is oversized for eat in kitchen or a keeping room. House has plenty of storage. Step outside to a fenced in backyard with 2 decks. House is a 2 car garage with extra parking available for a boat or extra vehicle. House has been deep cleaned for move in ready! Seller has an area in the side/backyard for gardening beds. Property has producing apple and a peach tree, rosemary and oregano planted if you enjoy cooking with fresh spices. The seller has left a fire pit with plenty of firewood stacked and covered for the next homeowner to enjoy! Having a lake view without the lakeview price is golden!
Last Agent to Sell the Property
Atlanta Communities License #320203 Listed on: 10/07/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1985
Lot Details
- 0.34 Acre Lot
- Back Yard Fenced
- Private Lot
- Corner Lot
- Level Lot
- Garden
Home Design
- Composition Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Rear Stairs
- Ceiling Fan
- Double Pane Windows
- Tile Flooring
- Lake Views
- Fire and Smoke Detector
Kitchen
- Breakfast Room
- Walk-In Pantry
- Microwave
- Dishwasher
- Solid Surface Countertops
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- Double Vanity
Basement
- Exterior Basement Entry
- Finished Basement Bathroom
- Natural lighting in basement
Parking
- 2 Car Garage
- Side or Rear Entrance to Parking
- Garage Door Opener
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Thermostat
Outdoor Features
- Deck
Schools
- Mashburn Elementary School
- Lakeside Middle School
- Forsyth Central High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- 220 Volts
- Septic Tank
- High Speed Internet
- Phone Available
- Satellite Dish
- Cable TV Available
Community Details
- No Home Owners Association
- Lanier Country Club Estate Subdivision
Listing and Financial Details
- Legal Lot and Block 1 / A
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 7, 2024
Closed on
Dec 6, 2024
Sold by
Baker Joseph
Bought by
Mayfield Allison
Seller's Agent
Terri Willett
Atlanta Communities
Buyer's Agent
Michelle Meinhart
eXp Realty
List Price
$460,000
Sold Price
$460,000
Total Days on Market
30
Views
60
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
$4,181
Avg. Annual Appreciation
0.83%
Original Mortgage
$451,668
Outstanding Balance
$450,090
Interest Rate
6.72%
Mortgage Type
FHA
Estimated Equity
$11,749
Purchase Details
Listed on
Feb 14, 2020
Closed on
Jun 19, 2020
Sold by
Faass Michael F
Bought by
Baker Joseph
Seller's Agent
Nicole Tucker
Virtual Properties Realty.com
Buyer's Agent
Matthew Nicklin
OneSource Real Estate, LLC
List Price
$275,000
Sold Price
$244,000
Premium/Discount to List
-$31,000
-11.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.24%
Original Mortgage
$239,580
Interest Rate
3.2%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 31, 1995
Sold by
Head Robert Morah
Bought by
Faass Michael
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $460,000 | None Listed On Document | |
| Warranty Deed | $244,000 | -- | |
| Deed | $126,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $451,668 | FHA | |
| Previous Owner | $66,700 | New Conventional | |
| Previous Owner | $239,580 | FHA | |
| Previous Owner | $124,292 | New Conventional | |
| Previous Owner | $65,000 | Stand Alone Second | |
| Previous Owner | $39,826 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $15,392 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $0 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/06/2024 12/06/24 | Sold | $460,000 | 0.0% | $144 / Sq Ft |
| 10/07/2024 10/07/24 | For Sale | $460,000 | +88.5% | $144 / Sq Ft |
| 06/19/2020 06/19/20 | Sold | $244,000 | -2.4% | $76 / Sq Ft |
| 05/11/2020 05/11/20 | Pending | -- | -- | -- |
| 04/23/2020 04/23/20 | Price Changed | $249,990 | -5.7% | $78 / Sq Ft |
| 03/26/2020 03/26/20 | Price Changed | $265,000 | -1.9% | $83 / Sq Ft |
| 03/05/2020 03/05/20 | Price Changed | $270,000 | -1.8% | $84 / Sq Ft |
| 02/14/2020 02/14/20 | For Sale | $275,000 | -- | $86 / Sq Ft |
Source: Georgia MLS
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 |
|---|---|---|---|---|
| 2024 | $4,383 | $178,720 | $38,400 | $140,320 |
| 2023 | $3,735 | $151,740 | $32,000 | $119,740 |
| 2022 | $3,301 | $97,600 | $19,840 | $77,760 |
| 2021 | $2,695 | $97,600 | $19,840 | $77,760 |
| 2020 | $552 | $102,356 | $16,000 | $86,356 |
| 2019 | $2,390 | $95,088 | $18,000 | $77,088 |
| 2018 | $2,330 | $91,744 | $18,000 | $73,744 |
| 2017 | $2,018 | $76,584 | $18,000 | $58,584 |
| 2016 | $1,976 | $74,584 | $16,000 | $58,584 |
| 2015 | $1,875 | $70,584 | $12,000 | $58,584 |
| 2014 | $1,655 | $65,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Terri Willett
Seller's Agent in 2024
Terri Willett
Atlanta Communities
(770) 265-3429
5 in this area
49 Total Sales
-
Michelle Meinhart
Buyer's Agent in 2024
Michelle Meinhart
eXp Realty
(678) 751-3574
10 in this area
104 Total Sales
-
Nicole Tucker
Seller's Agent in 2020
Nicole Tucker
Virtual Properties Realty
(678) 687-7700
2 in this area
28 Total Sales
-
Matthew Nicklin
Buyer's Agent in 2020
Matthew Nicklin
OneSource Real Estate, LLC
(678) 668-6526
1 in this area
93 Total Sales
Map
Source: Georgia MLS
MLS Number: 10395422
APN: 198-205
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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