NOT LISTED FOR SALE

1275 Timber Lake Trail Cumming, GA 30041

Estimated Value: $543,000 - $682,000

4 Beds
2 Baths
1,972 Sq Ft
$294/Sq Ft Est. Value

Last Sold March 06, 2019

Last sale price $350,000 $177 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,171/month

Highlights

  • Deep Water Access
  • Open-Concept Dining Room
  • Deck
  • Mashburn Elementary School Rated A
  • Lake View
  • Family Room with Fireplace

About This Home

As of March 2019

Cozy lake home located on SOUTH Lake Lanier with covered, 1-slip Dock. Recent renovations include all new interior & exterior paint, brand new back deck, new dock in last year, and new carpet throughout. Great location in NO HOA neighborhood. Spacious living area w/ stone fireplace, walks out onto the oversized deck w/ Lake views. Enough space for family home w/ 4 total bedrooms, 2 on each level. Fully fenced back yard area & covered patio. Perfect fit for someone looking to put their personal touch on a lake home. Get in now and be ready to hit the water come Spring!

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 01/16/2019

Mark Spain Real Estate

Co-Listed By

Bobby Hughes

Century 21 Results License #371561

Last Buyer's Agent

Teffany Emerson

Century 21 Results License #369698

Century 21 Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,178

Year Built

  • Built in 1973

Lot Details

  • 0.52 Acre Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1,972 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Open-Concept Dining Room
  • Carpet
  • Lake Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • Double Vanity

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement
  • Natural lighting in basement

Parking

  • Attached Garage
  • 2 Carport Spaces
  • Driveway Level

Outdoor Features

  • Deep Water Access
  • Waterfront Lights
  • Deck
  • Patio

Schools

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

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 198 200

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,178

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1973
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Family Room, Masonry
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Interior Amenities: Double Vanity
  • Basement: Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets Stain, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story
  • Dining Room Features: Open Concept
  • Square Footage: 1972.00

Beds/Baths

  • Total Bedrooms: 4
  • Lower Bedrooms: 2
  • Main Bedrooms: 2
  • Total Full Baths: 2
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1

Exterior Features

  • Roof Type: Composition
  • Patio And Porch Features: Deck, Patio
  • View: Lake

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Laundry Features: In Basement

Schools

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

Lot Info

  • Acres: 0.5200
  • Deed Book: 6589
  • Deed Page: 192
  • Lot Features: Wooded
  • Lot Dimensions: .52A
  • Parcel Number: 198 200
  • Property Attached Yn: No

Tax Info

  • Taxes: 4178.00
  • Assessor Parcel Number: 198-000-200
  • Close Date: 2019-03-06
  • Tax Year: 2018

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

Closed on
Feb 7, 2024
Sold by
Schmidt Milton F and Ramirez Maria Fernanda
Bought by
Schmidt
Current Estimated Value
$579,085

Purchase Details

Listed on
Jan 16, 2019
Closed on
Mar 6, 2019
Sold by
Riggle Susan J
Bought by
Schmidt Milton F and Ramirez Maria Fernanda
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Teffany Emerson
Century 21 Results
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$339,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2004
Sold by
Mickelson Margie A
Bought by
Faklaris Christoper J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 1993
Sold by
Siler M Dan
Bought by
Mickelson Margie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,900
Interest Rate
7.25%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Schmidt -- None Listed On Document
Schmidt Milton F $350,000 --
Faklaris Christoper J $270,000 --
Mickelson Margie A $69,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Milton F $339,500
Previous Owner Faklaris Christoper J $216,000
Previous Owner Mickelson Margie A $132,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2019 03/06/19 Sold $350,000 0.0% $177 / Sq Ft
01/27/2019 01/27/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $350,000 -- $177 / 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 $1,195 $202,716 $140,000 $62,716
2024 $1,195 $213,840 $140,000 $73,840
2023 $1,064 $184,368 $112,000 $72,368
2022 $4,366 $145,320 $98,000 $47,320
2021 $3,923 $145,320 $98,000 $47,320
2020 $3,776 $140,000 $88,960 $51,040
2019 $4,263 $154,172 $98,000 $56,172
2018 $4,178 $151,072 $98,000 $53,072
2017 $3,401 $122,524 $79,800 $42,724
2016 $3,284 $118,324 $75,600 $42,724
2015 $3,134 $112,724 $70,000 $42,724
2014 $2,891 $109,204 $70,000 $39,204
Source: Public Records

Agents Affiliated with this Home

  • Mark Spain

    Seller's Agent in 2019

    Mark Spain

    Mark Spain

    (678) 537-8980

    43 in this area

    9,917 Total Sales

    Mark Spain
    Section Image
  • Bobby Hughes

    Seller Co-Listing Agent in 2019

    Bobby Hughes

    Century 21 Results

    (606) 226-6532

    1 in this area

    43 Total Sales

    Bobby Hughes
    Section Image
  • Teffany Emerson

    Buyer's Agent in 2019

    Teffany Emerson

    Century 21 Results

    (904) 614-7240

    5 in this area

    70 Total Sales

    Teffany Emerson
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6120959

First Multiple Listing Service (FMLS)

APN: 198-200

Georgia Forsyth County Cumming 30041

1275 Timber Lake Trail, Cumming, GA

This home is located at 1275 Timber Lake Trail, Cumming, GA 30041 since 16 January 2019 and is currently estimated at $579,085, approximately $293 per square foot. This property was built in 1973. 1275 Timber Lake Trail is a home located in Forsyth County with nearby schools including Mashburn Elementary School, Lakeside Middle School, and Forsyth Central High School.

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