NOT LISTED FOR SALE

1242 Fischer Trace Unit 25 Cumming, GA 30041

Estimated Value: $453,100 - $475,000

3 Beds
2.5 Baths
1,887 Sq Ft
$245/Sq Ft Est. Value

Last Sold August 15, 2018

Last sale price $271,775 $144 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,047/month

Highlights

  • Newly Remodeled
  • Clubhouse
  • Wood Flooring
  • Otwell Middle School Rated A
  • Contemporary Architecture
  • Loft

About This Home

As of August 2018

Ready August 2018. The Chastain floorplan in Lennar's newest townhome community, Cannon Place, features 3 bedrooms and 2.5 baths and is an end unit. Beautiful townhomes featuring all elegant hardwoods on the main, crown molding trim, 42" upper cabinets in kitchen, and stainless steel Frigidaire appliances. Enjoy the pool, clubhouse, 2 tennis courts, playground and fire pit. Easy access to 400. Walking distance to Costco. Shopping, dining on Marketplace Blvd. Excellent South Forsyth schools. Photos are not of the actual home but representative of the floor plan.

Last Agent to Sell the Property

Tamra Wade

RE/MAX Tru License #214598 Listed on: 06/26/2018

RE/MAX Tru

Last Buyer's Agent

Sekhar Thadiparthi

Sekhars Realty, LLC. License #344359

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,248

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • End Unit
  • Landscaped

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 1,887 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Loft

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Home Security

  • Open Access
  • Smart Home

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities

Additional Features

  • Accessible Entrance
  • Patio
  • Property is near shops

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 25
  • Assessor Parcel Number 195 230

Community Details

Overview

  • Cannon Place Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,248

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Contemporary/Modern, Traditional
  • Property Condition: New Construction
  • Assessment Fee Contemplated: Yes
  • Year Built: 2018
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: NewHome

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log, Gas Starter, Glass Doors
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Washer
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, Smart Home, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Pantry, Stone Counters, View to Family Room
  • Common Walls: End Unit
  • Additional Rooms: Family Room, Loft
  • Dining Room Features: Dining L
  • Square Footage: 1887.00

Beds/Baths

  • Total Bedrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Composition, Ridge Vents
  • Patio And Porch Features: Patio

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage

Utilities

  • Security: Fire Alarm, Fire Sprinkler System, Open Access, Smoke Detector(s)
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Exterior, Maintenance Grounds, Termite, Trash
  • Community Features: Clubhouse, Homeowners Assoc, Near Shopping, Playground, Pool, Tennis Court(s)
  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Master Association Fee: 250
  • Master Association Fee Frequency: Monthly
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: Cannon Place

Schools

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

Lot Info

  • Lot: 25
  • Land/Lot: 1192
  • Section G M D: 1st
  • Plat Book: 195
  • Plat Page: 107
  • Lot Features: Landscaped
  • Parcel Number: 195 230
  • Property Attached Yn: Yes

Green Features

  • Efficiency: HVAC, Thermostat

Tax Info

  • Taxes: 1.00
  • Assessor Parcel Number: 195-000-230
  • Close Date: 2018-08-15
  • Tax Year: 2017

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 26, 2018
Closed on
Aug 15, 2018
Sold by
Lennar Georgia Inc
Bought by
Rustagi Aman and Rustagi Dimple
Seller's Agent
Tamra Wade
RE/MAX Tru
Buyer's Agent
Sekhar Thadiparthi
Sekhars Realty, LLC.
List Price
$279,775
Sold Price
$271,775
Premium/Discount to List
-$8,000
-2.86%
Current Estimated Value
$462,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,250
Avg. Annual Appreciation
7.66%
Original Mortgage
$203,831
Outstanding Balance
$177,019
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$285,006
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
Rustagi Aman $271,775 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rustagi Aman $203,831
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2018 08/15/18 Sold $271,775 -2.9% $144 / Sq Ft
07/14/2018 07/14/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $279,775 -- $148 / 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
2025 $4,248 $182,488 $54,000 $128,488
2024 $4,248 $173,220 $54,000 $119,220
2023 $4,293 $174,424 $52,000 $122,424
2022 $3,338 $107,616 $32,000 $75,616
2021 $2,972 $107,616 $32,000 $75,616
2020 $2,953 $106,944 $32,000 $74,944
2019 $2,732 $98,784 $18,000 $80,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6033914

First Multiple Listing Service (FMLS)

APN: 195-230