$478,000 - $505,000
RENTED APR 12, 2025

1293 Elderwood Way Cumming, GA 30041

3 Beds
2.5 Baths
1,895 Sq Ft
$258 Price per Sq Ft

Last Sold January 30, 2020

Last sale price $284,975 $150 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,935/month

Highlights

  • City View
  • Deck
  • Cathedral Ceiling
  • Otwell Middle School Rated A
  • Oversized primary bedroom
  • Wood Flooring

About This Home

As of April 2025

Bring your fur babies! This beautiful end-unit townhome is tucked right off Bald Ridge Marina Road right behind Costco. This is lovely Cannon Place, a townhome community with tennis courts, a swimming pool and community playground. This 3-bedroom 2.5-bathroom townhome has all the features and sits on an unfinished walk out basement. Oversized master bedroom, with upstairs living room and large additional bedrooms. The kitchen overlooks the living area and has granite countertops, plenty of counter space and cabinet space. Hardwood floors are the perfect touch for the main level along with the gas fireplace.All appliances including refrigerator and washer & dryer are included in the rent price. Please call for details.

Last Agent to Rent the Property

David Korty

PMI North Atlanta License #407990 Listed on: 03/23/2025

Last Renter's Agent

David Korty

PMI North Atlanta License #407990 Listed on: 03/23/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,474

Year Built

  • Built in 2019

Lot Details

  • 2,178 Sq Ft Lot
  • End Unit
  • Private Entrance
  • Privacy Fence
  • Back Yard

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,895 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Circulating Fireplace
  • Insulated Windows
  • Living Room
  • City Views
  • Unfinished Basement

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Oversized primary bedroom
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Heating
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,575
  • 12 Month Lease Term
  • $69 Application Fee
  • Assessor Parcel Number 195 276

Community Details

Overview

  • Application Fee Required
  • Cannon Place Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,474

Year Built

Built in 2019

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: All Utilities
  • Credit Report Required: Yes
  • Deposit: 2575
  • Lease Term: 12 Months
  • Per Adult Dollar: 69.00
  • Pets Allowed: Yes
  • Application Fee Per Adult: Yes
  • Deposit Required: Security

Listing Details

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

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Circulating
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s)
  • Basement: Unfinished
  • Kitchen Features: Breakfast Bar
  • Common Walls: End Unit
  • Additional Rooms: Living Room
  • Square Footage: 1895.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Oversized Master
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • Fencing: Privacy
  • Patio And Porch Features: Deck
  • Exterior Features: PRVFT
  • View: City
  • Pool Private: No

Garage/Parking

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

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s)
  • Heating: Central
  • Laundry Features: Upper Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Management: Professionally Managed
  • Subdivision Complex: Cannon Place

Schools

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

Lot Info

  • Acres: 0.0500
  • Land/Lot: 75
  • Section G M D: 001
  • Lot Features: Back Yard
  • Lot Dimensions: x
  • Parcel Number: 195 276
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 195-000-276
  • Close Date: 2025-04-12

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2019
Closed on
Mar 7, 2020
Sold by
Fan Zhihong
Bought by
Maxprofit Llc Trustee and 1293 Elderwood Way Trust
Seller's Agent
Tamra Wade
RE/MAX Tru
Buyer's Agent
Sonia Kim
Wealthpoint Realty, LLC.
List Price
$324,475
Sold Price
$284,975
Premium/Discount to List
-$39,500
-12.17%
Current Estimated Value
$488,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,540
Avg. Annual Appreciation
9.83%
Original Mortgage
$213,731
Outstanding Balance
$189,674
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$298,841

Purchase Details

Listed on
Nov 11, 2019
Closed on
Jan 30, 2020
Sold by
Lennar Georgia Inc
Bought by
Fan Zhihong
Seller's Agent
Tamra Wade
RE/MAX Tru
Buyer's Agent
Sonia Kim
Wealthpoint Realty, LLC.
List Price
$324,475
Sold Price
$284,975
Premium/Discount to List
-$39,500
-12.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,731
Outstanding Balance
$189,674
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$298,841
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
Maxprofit Llc Trustee -- --
Fan Zhihong $284,975 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fan Zhihong $213,731
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2025 04/12/25 Rented $2,200 0.0% --
04/09/2025 04/09/25 Under Contract -- -- --
03/23/2025 03/23/25 For Rent $2,200 -8.3% --
03/08/2023 03/08/23 Rented $2,400 0.0% --
02/10/2023 02/10/23 Under Contract -- -- --
12/19/2022 12/19/22 Price Changed $2,400 -6.8% $1 / Sq Ft
12/09/2022 12/09/22 For Rent $2,575 0.0% --
01/30/2020 01/30/20 Sold $284,975 -5.0% $152 / Sq Ft View Prior Sale
01/03/2020 01/03/20 Pending -- -- --
11/14/2019 11/14/19 Price Changed $299,975 -7.6% $160 / Sq Ft
11/11/2019 11/11/19 For Sale $324,475 -- $173 / 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 $4,474 $192,488 $54,000 $138,488
2024 $4,474 $182,428 $54,000 $128,428
2023 $4,469 $181,576 $52,000 $129,576
2022 $3,474 $113,684 $32,000 $81,684
2021 $3,139 $113,684 $32,000 $81,684
2020 $3,095 $112,084 $32,000 $80,084
2019 $498 $18,000 $18,000 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2025

    David Korty

    PMI North Atlanta

    (470) 865-2999

    David Korty
    Section Image
  • Tamra Wade

    Seller's Agent in 2020

    Tamra Wade

    RE/MAX

    (770) 502-6232

    45 in this area

    2,851 Total Sales

    Tamra Wade
    Section Image
  • Sonia Kim

    Buyer's Agent in 2020

    Sonia Kim

    Wealthpoint Realty, LLC.

    (404) 409-9777

    1 in this area

    59 Total Sales

    Sonia Kim
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7546029

First Multiple Listing Service (FMLS)

APN: 195-276

Georgia Forsyth County Cumming 30041

1293 Elderwood Way, Cumming, GA

This home is located at 1293 Elderwood Way, Cumming, GA 30041 since 23 March 2025 and is currently priced at $488,515. This property was built in 2019. 1293 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