NOT LISTED FOR SALE

1262 Elderwood Way Cumming, GA 30041

Estimated Value: $453,719 - $513,000

3 Beds
2.5 Baths
1,980 Sq Ft
$240/Sq Ft Est. Value

Highlights

  • Open-Concept Dining Room
  • Rural View
  • Traditional Architecture
  • Otwell Middle School Rated A
  • Oversized primary bedroom
  • Wood Flooring

About This Home

As of October 2023

GREAT SCHOOLS – Hardwood flooring on the main level and the loft. FIREPLACE in the great room. The stainless steel and granite kitchen features a 5-BURNER GAS RANGE. Each of the carpeted bedrooms has good closet space, with the secondary bedrooms sharing a full bathroom. The main bedroom has a WALK-IN CLOSET and an ensuite bath. Also includes a two-car garage and washer/dryer included. OUTDOOR SPACE – Patio, COMMUNITY AMENITIES – Pool, playground, 2 tennis courts, clubhouse LOCATION –Minutes from Lake Lanier. Close to US-19. Abundant retail, dining, and entertainment in Cumming’s quaint downtown. SCHOOLS – Forsyth County School District with 8/10, Forsyth Central High School (rated 9/10 for college readiness) Every Sparrow home features a Ring doorbell paired with a SmartHome system that allows you to operate the thermostat and door locks from your smartphone, tablet, or computer, your new home has been professionally cleaned so it’s MOVE-IN READY. Don’t miss out on this lovely home and community; schedule a tour or apply today!

Last Agent to Rent the Property

DEMETRIUS WATTS

Southern Bees Realty, Inc License #253836 Listed on: 10/15/2023

Last Renter's Agent

NON-MLS NMLS

Non FMLS Member

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,272

Year Built

  • Built in 2018

Lot Details

  • 2,178 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Brick Front

Interior Spaces

  • 1,980 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Tray Ceiling
  • Ceiling height of 9 feet on the lower level
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Open-Concept Dining Room
  • L-Shaped Dining Room
  • Rural Views
  • Pull Down Stairs to Attic
  • Smart Home

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Oversized primary bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Location

  • Property is near schools
  • Property is near shops

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
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • $100 Move-In Fee
  • 12 Month Lease Term
  • $90 Application Fee
  • Assessor Parcel Number 195 236

Community Details

Overview

  • Property has a Home Owners Association
  • Application Fee Required
  • Cannon Place Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Deposit $500

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,272

Year Built

Built in 2018

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Pest Control, Telephone, Trash Collection
  • Credit Report Required: Yes
  • Lease Term: 12 Months
  • Move In Fee: Yes
  • Move In Fee Dollar: 100.00
  • Move Out Fee: Yes
  • Move Out Fee: 100.00
  • Per Adult Dollar: 90.00
  • Per Family Dollar: 180.00
  • Pets Allowed: Yes
  • Application Fee Per Adult: Yes
  • Application Fee Per Family: Yes
  • Pet Deposit Dollar: 500.00

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse, Traditional
  • Year Built: 2018
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity, Entrance Foyer, High Ceilings 9 ft Lower, High Speed Internet, Smart Home, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Pantry, Solid Surface Counters, Stone Counters, View to Family Room
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Great Room - 1 Story
  • Dining Room Features: Dining L, Open Concept
  • Square Footage: 1980.00
  • Spa Features: None
  • Window Features: Double Panes, Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Oversized Master, Roommate Floor Plan, Split Bedroom Plan
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Vaulted Ceilings

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Composition, Shingle
  • Patio And Porch Features: Patio
  • View: Rural

Garage/Parking

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

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Heating: Central, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Near Schools, Near Shopping, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Management: Owner Managed
  • Subdivision Complex: Cannon Place

Schools

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

Lot Info

  • Acres: 0.0500
  • Land/Lot: 00
  • Section G M D: 00
  • Lot Features: Back Yard, Front Yard, Landscaped, Level
  • Lot Dimensions: x
  • Parcel Number: 195 236
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 195-000-236
  • Close Date: 2023-10-31

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2018
Sold by
Lennar Georgia Inc
Bought by
Mohammed Fazil Ali
Current Estimated Value
$474,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,425
Outstanding Balance
$163,668
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$311,012
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mohammed Fazil Ali $249,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohammed Fazil Ali $187,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2023 12/01/23 Under Contract -- -- --
11/29/2023 11/29/23 Price Changed $2,350 +2.2% $1 / Sq Ft
11/22/2023 11/22/23 Price Changed $2,300 -2.1% $1 / Sq Ft
10/31/2023 10/31/23 Rented $2,350 -2.1% --
10/16/2023 10/16/23 Price Changed $2,400 -2.0% $1 / Sq Ft
10/15/2023 10/15/23 For Rent $2,450 +32.4% --
04/24/2019 04/24/19 Price Changed $1,850 +3.1% $1 / Sq Ft
04/21/2019 04/21/19 Price Changed $1,795 +2.6% $1 / Sq Ft
04/11/2019 04/11/19 Price Changed $1,750 -5.4% $1 / Sq Ft
03/30/2019 03/30/19 Rented $1,850 +3.1% --
01/22/2019 01/22/19 Price Changed $1,795 +2.6% $1 / Sq Ft
01/18/2019 01/18/19 For Rent $1,750 -- --
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 $4,272 $183,544 $54,000 $129,544
2024 $4,272 $174,228 $54,000 $120,228
2023 $4,316 $175,340 $52,000 $123,340
2022 $3,358 $108,216 $32,000 $76,216
2021 $2,988 $108,216 $32,000 $76,216
2020 $2,969 $107,508 $32,000 $75,508
2019 $2,747 $99,348 $18,000 $81,348
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2023

    DEMETRIUS WATTS

    Southern Bees Realty, Inc

    (678) 227-4080

    2 in this area

    13 Total Sales

    DEMETRIUS WATTS
    Section Image

  • N

    Tenant's Agent in 2023

    NON-MLS NMLS

    Non FMLS Member

  • S

    Seller's Agent in 2019

    Sushma Sharma

    NOT A VALID MEMBER

    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7290000

First Multiple Listing Service (FMLS)

APN: 195-236

Georgia Forsyth County Cumming 30041

1262 Elderwood Way, Cumming, GA

This home is located at 1262 Elderwood Way, Cumming, GA 30041 since 15 October 2023 and is currently priced at $474,680. This property was built in 2018. 1262 Elderwood Way is a home located in Forsyth County with nearby schools including Cumming Elementary School, Otwell Middle School, and Forsyth Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

First Multiple Listing Service (FMLS) Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please visit www.fmls.com/dmca to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.

Nearby Homes