$244,000
SOLD JUN 19, 2020

1115 Timber Lake Trail Cumming, GA 30041

3 Beds
3 Baths
3,200 Sq Ft
0.34 Acres

Recently Sold

$76 Per Sq Ft

11% Below List Price

87 Days on Market

Highlights

  • Boating
  • Home Theater
  • Lake View
  • Mashburn Elementary School Rated A
  • Fishing
  • Community Lake

About This Home

As of December 2024

AMAZINGLY UPDATED RANCH HOME WITH OVERSIZED ROCKING CHAIR FRONT PORCH! SEASONAL VIEWS OF LAKE LANIER FROM YOUR DECK! SECOND DECK OFF THE FINISHED BASEMENT TO ALSO ENJOY YOUR COFFEE IN THE MORNING! COMMUNITY HAS LAKE LANIER ACCESS WITH A BEACH AREA--- PERFECT FOR CANOEING, KAYAKING & A SWIM! ALSO A FABULOUS WAY FOR YOUR BOAT FRIENDS TO PICK YOU UP FOR A RIDE! THE RANCH COMES COMPLETE WITH FRESH INTERIOR PAINT,NEWER LVP FLOORING & UPDATED FIXTURES ALONG WITH A RENOVATED KITCHEN WITH LUSH GRANITE COUNTERS! THE MAIN LEVEL BOASTS TWO LIVING ROOMS ALONG WITH AN OFFICE THAT COULD BE A PERFECT NURSERY/PLAYROOM! THE BASEMENT HAS 1 TO 2 BEDROOMS IN THE BASEMENT, A WORKSHOP/CRAFT ROOM, A REC ROOM. THE BACKYARD IS PARTIALLY FENCED WITH A WOODEN FENCE AND JUST NEEDS THE BACK LOT LINED! THERE IS ALSO A BOAT PAD IN THE REAR YARD- PERFECT TO PARK YOUR BOAT TOYS! THE LOT NEXT DOOR IS VACANT. GARAGE HAS STORAGE AREAS FOR YOU TOO! CONVENIENT TO SHOPPING AND DINING.. ALL WITHIN MINUTES!! THERE IS NO HOA. THIS HOME IS READY FOR ITS NEW OWNERS! DON'T MISS THIS ONE!

Last Agent to Sell the Property

Nicole Tucker

Virtual Properties Realty.com License #292376 Listed on: 02/14/2020

Virtual Properties Realty.com

Last Buyer's Agent

Matthew Nicklin

OneSource Real Estate, LLC License #350266

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,390

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • 0.34 Acre Lot
  • Property fronts a state road
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Level Lot
  • Back Yard Fenced

Parking

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

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Cottage
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Bonus Room
  • Workshop
  • Home Gym
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Cooktop
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Dual Closets
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry on main level
  • 220 Volts In Laundry

Finished Basement

  • Garage Access
  • Exterior Basement Entry
  • Finished Basement Bathroom
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Security Lights
  • Fire and Smoke Detector

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 1 / A
  • Assessor Parcel Number 198 205

Community Details

Overview

  • Lanier Country Club Estates Subdivision
  • Community Lake

Recreation

  • Boating
  • RV or Boat Storage in Community
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,390

Year Built

Built in 1985 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage, Ranch, Traditional
  • Property Condition: Updated/Remodeled
  • Year Built: 1985
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Range, Self Cleaning Oven
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity, Entrance Foyer, His and Hers Closets, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Driveway Access, Exterior Entry, Finished, Finished Bath
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Pantry, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Den, Exercise Room, Family Room, Great Room - 1 Story, Media Room, Workshop, Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3200.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 1
  • Main Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Roof Type: Composition
  • Fencing: Back Yard, Fenced, Wood
  • Patio And Porch Features: Deck, Front Porch
  • View: Lake

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security Lights, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available
  • Electric: 220 Volts in Laundry

Condo/Co-op/Association

  • Community Features: Boating, Fishing, Lake, RV/Boat Storage
  • Home Warranty: Yes
  • Subdivision Complex: Lanier Country Club Estates

Schools

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

Lot Info

  • Acres: 0.3400
  • Lot: 1
  • Land/Lot: 141
  • Section G M D: 1
  • Deed Book: 2914
  • Deed Page: 736
  • Lot Features: Back Yard, Corner Lot, Landscaped, Level
  • Parcel Number: 198 205
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances, Thermostat
  • Green Energy Generation: None

Tax Info

  • Taxes: 2390.00
  • Assessor Parcel Number: 198-000-205
  • Close Date: 2020-06-19
  • Tax Year: 2019

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
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
87
Views
60
Current Estimated Value
$464,181

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
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
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: 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 $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

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6680917

First Multiple Listing Service (FMLS)

APN: 198-205