NOT LISTED FOR SALE

1251 Elderwood Way Cumming, GA 30041

Estimated Value: $480,000 - $525,000

3 Beds
2.5 Baths
1,875 Sq Ft
$263/Sq Ft Est. Value

Last Sold November 21, 2018

Last sale price $249,900 $133 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,977/month

Highlights

  • Newly Remodeled
  • Clubhouse
  • Traditional Architecture
  • Otwell Middle School Rated A
  • Deck
  • Wood Flooring

About This Home

As of November 2018

Ready October! Baldwin Floor Plan! 2 Story, 3 Bedroom, 2.5 Bathroom Townhome. A welcoming two-story foyer opens to an impressive dining room and Great Room with corner fireplace and views to the gourmet kitchen with pantry and breakfast area. The second level features two well-sized bedrooms, an airy loft, convenient laundry room and large Owner's Suite with luxurious bathroom. Special community amenities include a swimming pool, clubhouse, tennis courts and playground, with close proximity to top rated schools and beautiful Lake Lanier!

Last Agent to Sell the Property

Tamra Wade

RE/MAX Tru License #214598 Listed on: 09/14/2018

RE/MAX Tru

Last Buyer's Agent

Joycelyn Junious

NOT A VALID MEMBER License #321929

NOT A VALID MEMBER

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,161

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 1,875 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Loft
  • Unfinished Basement
  • Natural lighting in basement
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • 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

Home Security

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Patio

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
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 58
  • Assessor Parcel Number 195 242

Community Details

Overview

  • $750 Initiation Fee
  • Cannon Place Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,161

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse, Traditional
  • Property Condition: New Construction
  • Year Built: 2018
  • Levels Stories: Two
  • Special Features: NewHome

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Main, Walk-In Closet(s)
  • Basement: Daylight, Unfinished
  • Kitchen Features: Eat-in Kitchen, Kitchen Island, Pantry
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Great Room - 1 Story, Loft
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1875.00

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
  • Patio And Porch Features: Deck, Patio

Garage/Parking

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

Utilities

  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Clubhouse, Homeowners Assoc, Playground, Pool, Tennis Court(s)
  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: Cannon Place

Association/Amenities

  • Number Of Units In Community: 1

Schools

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

Lot Info

  • Lot: 58
  • Land/Lot: 1192
  • Section G M D: 1
  • Plat Book: 195
  • Plat Page: 107
  • Lot Features: Landscaped
  • Lot Dimensions: .06
  • Parcel Number: 195 242
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Thermostat

Rental Info

  • Initiation Fee: 750

Tax Info

  • Assessor Parcel Number: 195-000-242
  • Close Date: 2018-11-21
  • 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
Sep 14, 2018
Closed on
Nov 21, 2018
Sold by
Lennar Georgia Inc
Bought by
Blitz Gregory Warren
Seller's Agent
Tamra Wade
RE/MAX Tru
Buyer's Agent
Joycelyn Junious
NOT A VALID MEMBER
List Price
$291,575
Sold Price
$249,900
Premium/Discount to List
-$41,675
-14.29%
Current Estimated Value
$493,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,637
Avg. Annual Appreciation
10.33%
Original Mortgage
$245,373
Outstanding Balance
$213,820
Interest Rate
4.8%
Mortgage Type
FHA
Estimated Equity
$279,717
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
Blitz Gregory Warren $249,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blitz Gregory Warren $245,373
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2018 11/21/18 Sold $249,900 -7.6% $133 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
09/21/2018 09/21/18 Price Changed $270,575 -7.2% $144 / Sq Ft
09/14/2018 09/14/18 For Sale $291,575 -- $156 / 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 $4,161 $210,048 $54,000 $156,048
2024 $4,161 $198,740 $54,000 $144,740
2023 $3,832 $200,024 $52,000 $148,024
2022 $3,523 $123,416 $32,000 $91,416
2021 $3,247 $123,416 $32,000 $91,416
2020 $3,128 $113,264 $32,000 $81,264
2019 $2,764 $99,960 $18,000 $81,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6072347

First Multiple Listing Service (FMLS)

APN: 195-242