NOT LISTED FOR SALE

1281 Elderwood Way Cumming, GA 30041

Estimated Value: $478,000 - $518,000

3 Beds
2.5 Baths
1,910 Sq Ft
$258/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $460,000 $241 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,957/month

Highlights

  • Open-Concept Dining Room
  • View of Trees or Woods
  • Deck
  • Otwell Middle School Rated A
  • Clubhouse
  • Traditional Architecture

About This Home

As of September 2022

A must see meticulously maintained end-unit townhome located on a very prime area mins to GA 400, downtown Cumming, shopping, restaurants, and Lake Lanier. The home features 3 bdrm, 2.5 baths, 2 car garage, nice backyard, spacious deck, open concept with nice touches, gleaming hardwood throughout first floor, lots of sunlight and an unfinished basement. Spacious master bedroom features walk-in closet, large bathroom with separate garden tub and shower, double vanity with built-in cabinet for extra storage. Second floor also has a nice loft and two spacious bedrooms and a very elegant hall bathroom.

Last Agent to Rent the Property

Wasif Alvi

RE/MAX Center License #257699 Listed on: 09/06/2022

RE/MAX Center

Last Renter's Agent

Wasif Alvi

RE/MAX Center License #257699 Listed on: 09/06/2022

RE/MAX Center

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,498

Year Built

  • Built in 2019

Lot Details

  • 2,178 Sq Ft Lot
  • End Unit
  • Private Entrance
  • Landscaped
  • Level Lot
  • Private Yard
  • Back Yard

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway Level

Property Views

  • Woods
  • Pool

Home Design

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

Interior Spaces

  • 1,910 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Ceiling height of 9 feet on the lower level
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Glass Doors
  • Fireplace Features Blower Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Private Rear Entry
  • Entrance Foyer
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Loft
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Oven
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

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

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Open Access
  • Smart Home

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
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • $100 Move-In Fee
  • 12 Month Lease Term
  • $65 Application Fee
  • Assessor Parcel Number 195 270

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,498

Year Built

Built in 2019

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Pest Control, Security, Telephone, Trash Collection, Water
  • 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: 65.00
  • Pets Allowed: Call
  • Application Fee Per Adult: Yes

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse, Traditional
  • Year Built: 2019
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Blower Fan, Factory Built, Family Room, Gas Log, Glass Doors
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Water Heater, ENERGY STAR Qualified Appliances, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Bookcases, Disappearing Attic Stairs, Double Vanity, Entrance Foyer, High Ceilings 9 ft Lower, High Ceilings 9 ft Main, High Speed Internet, Low-Flow Fixtures, Smart Home, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Full, Interior Entry, Unfinished
  • Kitchen Features: Breakfast Bar, Cabinets White, Pantry, Stone Counters, View to Family Room
  • Common Walls: End Unit
  • Additional Rooms: Loft
  • Dining Room Features: Open Concept
  • Square Footage: 1910.00
  • Spa Features: None
  • Window Features: Double Panes, Insulated Windows

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Shingle
  • Patio And Porch Features: Deck, Patio
  • Exterior Features: Private Front Entry, Private Rear Entry, Private Yard
  • View: Pool, Trees/Woods

Garage/Parking

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

Utilities

  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Open Access, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Forced Air, 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: Clubhouse, Homeowners Assoc, Playground, Pool, 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
  • Lot Features: Back Yard, Corner Lot, Landscaped, Level, Private
  • Lot Dimensions: x
  • Parcel Number: 195 270
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 195-000-270
  • Close Date: 2022-09-22

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 8, 2022
Sold by
Sarah Murray
Bought by
Majdi Mehran
Seller's Agent
Kathryn Murray
Atlanta Communities
Buyer's Agent
Kelly Black
Atlanta Communities
List Price
$475,000
Sold Price
$460,000
Premium/Discount to List
-$15,000
-3.16%
Current Estimated Value
$492,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,284
Avg. Annual Appreciation
2.07%
Original Mortgage
$345,000
Outstanding Balance
$328,257
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$164,027

Purchase Details

Closed on
Nov 22, 2019
Sold by
Lennar Georgia Inc
Bought by
Murray Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,390
Interest Rate
3.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Majdi Mehran $460,000 None Listed On Document
Murray Sarah $287,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Majdi Mehran $345,000
Previous Owner Murray Sarah $278,390
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2022 09/22/22 Rented $2,650 0.0% --
09/06/2022 09/06/22 For Rent $2,650 0.0% --
07/08/2022 07/08/22 Sold $460,000 -3.2% $241 / Sq Ft View Prior Sale
06/03/2022 06/03/22 For Sale $475,000 -- $249 / 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 $4,498 $193,556 $54,000 $139,556
2024 $4,498 $183,408 $54,000 $129,408
2023 $3,818 $182,496 $52,000 $130,496
2022 $3,490 $114,212 $32,000 $82,212
2021 $3,154 $114,212 $32,000 $82,212
2020 $3,110 $112,612 $32,000 $80,612
2019 $498 $18,000 $18,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Wasif Alvi

    Landlord's Agent in 2022

    Wasif Alvi

    RE/MAX

    (678) 462-3010

    5 in this area

    65 Total Sales

    Wasif Alvi
    Section Image
  • Kathryn Murray

    Seller's Agent in 2022

    Kathryn Murray

    Atlanta Communities

    (770) 833-4003

    1 in this area

    10 Total Sales

    Kathryn Murray
    Section Image
  • Kelly Black

    Buyer's Agent in 2022

    Kelly Black

    Atlanta Communities

    (678) 794-3072

    2 in this area

    59 Total Sales

    Kelly Black
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7110672

First Multiple Listing Service (FMLS)

APN: 195-270

Georgia Forsyth County Cumming 30041

1281 Elderwood Way, Cumming, GA

This home is located at 1281 Elderwood Way, Cumming, GA 30041 since 06 September 2022 and is currently priced at $492,284. This property was built in 2019. 1281 Elderwood Way is a home located in Forsyth County with nearby schools including Cumming Elementary School, Otwell Middle School, and Forsyth Central High School.

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