NOT LISTED FOR SALE

1295 Elderwood Way Cumming, GA 30041

Estimated Value: $478,086 - $510,000

3 Beds
2.5 Baths
1,887 Sq Ft
$260/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $288,450 $153 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,145/month

Highlights

  • New Construction
  • Clubhouse
  • Private Lot
  • Otwell Middle School Rated A
  • Deck
  • Traditional Architecture

About This Home

As of February 2020

Ready Now! Price includes current incentive price reduction! The Chastain Plan by Lennar. 3 Bedrooms + Loft/Study, 2 1/2 Baths, Unfinished Basement - Two Story Foyer with open staircase to second floor - Large Kitchen overlooks Great Room with fireplace - Sunny Dining Room - Second floor loft provides option for a study or playroom - Gracious vaulted Owner's Suite with large walk-in closet - 2 Car Garage. Home comes Move-in Ready with blinds on windows, washer, dryer and refrigerator plus Ring video doorbell, smart lock on front door & more smart home features.

Last Agent to Sell the Property

Tamra Wade

RE/MAX Tru License #214598 Listed on: 11/11/2019

RE/MAX Tru

Last Buyer's Agent

Eric Wright

Keller Williams North Atlanta License #364825

Keller Williams North Atlanta

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,877

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Property fronts a state road
  • No Common Walls
  • Landscaped

HOA Fees

  • $250 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 1,887 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Loft
  • Smart Home
  • Laundry on lower level

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Unfinished Basement

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

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 110 Volts
  • High-Efficiency Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 76
  • Assessor Parcel Number 195 277

Community Details

Overview

  • $750 Initiation Fee
  • 261 Units
  • Fieldstone Mgmt Association, Phone Number (404) 920-8621
  • Cannon Place Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Swim or tennis dues are required
  • Community Pool

Security

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,877

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$250 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
  • Assessment Fee Contemplated: Yes
  • Year Built: 2020
  • Levels Stories: Two
  • Special Features: NewHome

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Family Room, Gas Log, Gas Starter, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator
  • Interior Amenities: Double Vanity, Entrance Foyer, Smart Home, Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Full, Interior Entry, Unfinished
  • Kitchen Features: Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Loft
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1887.00
  • Spa Features: None
  • Window Features: 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

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Heating: Central, Natural Gas
  • Laundry Features: Lower Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Maintenance Grounds, Swim/Tennis, Termite
  • Community Features: Clubhouse, Homeowners Assoc, Near Schools, Near Shopping, Playground, Pool, Street Lights, Tennis Court(s)
  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Master Association Fee: 250
  • Master Association Fee Frequency: Monthly
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Home Warranty: Yes
  • Management Company Email: Christinatomlinson@fieldstonerd.com
  • Management Phone: 404-920-8621
  • Subdivision Complex: Cannon Place

Association/Amenities

  • Number Of Units In Community: 261
  • Management Company: Fieldstone Mgmt

Schools

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

Lot Info

  • Lot: 76
  • Land/Lot: 1185
  • Section G M D: 2
  • Lot Features: Landscaped, Private
  • Parcel Number: 195 277
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Thermostat, Water Heater, Windows
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 750

Tax Info

  • Taxes: 1.00
  • Assessor Parcel Number: 195-000-277
  • Close Date: 2020-02-27
  • Tax Year: 2018

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
Nov 11, 2019
Closed on
Feb 27, 2020
Sold by
Lennar Georgia Inc
Bought by
Blackmon Jan Denise
Seller's Agent
Tamra Wade
RE/MAX Tru
Buyer's Agent
Eric Wright
Keller Williams North Atlanta
List Price
$324,950
Sold Price
$288,450
Premium/Discount to List
-$36,500
-11.23%
Current Estimated Value
$490,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,822
Avg. Annual Appreciation
9.81%
Original Mortgage
$283,225
Outstanding Balance
$255,354
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$234,918
Source: Public Records

Range of Values:

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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
Blackmon Jan Denise $288,450 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blackmon Jan Denise $283,225
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2020 02/27/20 Sold $288,450 -1.7% $153 / Sq Ft
02/16/2020 02/16/20 Pending -- -- --
01/23/2020 01/23/20 Price Changed $293,450 -2.3% $156 / Sq Ft
11/14/2019 11/14/19 Price Changed $300,450 -7.5% $159 / Sq Ft
11/11/2019 11/11/19 For Sale $324,950 -- $172 / 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 $3,877 $192,768 $54,000 $138,768
2024 $3,877 $182,708 $54,000 $128,708
2023 $3,503 $181,816 $52,000 $129,816
2022 $3,260 $113,844 $32,000 $81,844
2021 $3,042 $113,844 $32,000 $81,844
2020 $3,100 $112,244 $32,000 $80,244
2019 $498 $18,000 $18,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Tamra Wade

    Seller's Agent in 2020

    Tamra Wade

    RE/MAX

    (770) 502-6232

    9 in this area

    2,851 Total Sales

    Tamra Wade
    Section Image
  • Eric Wright

    Buyer's Agent in 2020

    Eric Wright

    Keller Williams North Atlanta

    (770) 886-9000

    135 Total Sales

    Eric Wright
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6643852

First Multiple Listing Service (FMLS)

APN: 195-277

Georgia Forsyth County Cumming 30041

1295 Elderwood Way, Cumming, GA

This home is located at 1295 Elderwood Way, Cumming, GA 30041 since 11 November 2019 and is currently estimated at $490,272, approximately $259 per square foot. This property was built in 2020. 1295 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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