NOT LISTED FOR SALE

1295 Timber Lake Trail Unit 1 Cumming, GA 30041

Estimated Value: $513,000 - $639,564

4 Beds
3 Baths
2,912 Sq Ft
$189/Sq Ft Est. Value

Last Sold November 18, 2013

Last sale price $228,500 $78 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $3,554/month

76 Days on Market

Highlights

  • 109 Feet of Waterfront
  • Boathouse includes one slip
  • Lake On Lot
  • Mashburn Elementary School Rated A
  • Covered dock with one slips
  • RV or Boat Storage in Community

About This Home

As of November 2013

LAKE LANIER WATERFRONT RANCH ON FINISHED BASEMENT - FRESH PAINT - NEW HEAT PUMP, KITCHEN OPEN TO FAMILY ROOM, POSSIBLE IN LAW SUITE WITH KITCHEN DOWNSTAIRS. OFFICE & REC OR BONUS ROOM. DECK ACROSS ENTIRE BACK OF HOME. VACANT. SOLD "AS IS" "HOME NEEDS SOME TLC."

Last Listed By

Jerry Guhl

Keller Williams Realty Atl. Partners License #126204 Listed on: 08/16/2013

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,631

Year Built

  • 1972

Lot Details

  • 109 Feet of Waterfront

Home Design

  • Ceiling Insulation
  • Roof Vent Fans

Interior Spaces

  • In-Law or Guest Suite
  • 2,912 Sq Ft Home
  • Double Pane Windows
  • Fire and Smoke Detector

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Natural lighting in basement

Outdoor Features

  • Covered dock with one slips
  • Boathouse includes one slip
  • Lake On Lot

Utilities

  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 10 / F

Community Details

Overview

  • Community Lake

Recreation

  • RV or Boat Storage in Community

Property Details

Home Type

Other

Est. Annual Taxes

$5,631

Year Built

1972

Lot Details

0

Listing Details

  • District: 2ND
  • Section: 1ST
  • Property Setting: Lake
  • Special Features: None
  • Year Built: 1972

Interior Features

  • Fireplaces: 2
  • Fireplace(s): 2, In Basement, In Great/Family Room
  • Lower Level Bedroom: 1
  • Main Floor Bedrooms: 3
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Basement: Bath Finished, Daylight, Inside Entrance, Outside Entrance, Finished Rooms, Full
  • Equipment: Smoke/Fire Alarm
  • Kitchen Equipment: Dishwasher, Icemaker Line, Range/Oven
  • Feature Name: Lanier
  • Interior Amenities: Bookcases, Cable In Street, Cable TV Connections, Entrance Foyer, Hardwood Floors, Pulldown Attic Stairs, Tile Bath, Tile Floors, Walk-in Closet, Wall-to-wall Carpet
  • Kitchen / Breakfast: Breakfast Area, Pantry, Second Kitchen
  • Above Grade Finished Sq Ft: 2912

Exterior Features

  • Roof: Composition
  • Exterior Features: Deck/Patio, Garden Area
  • Boathouse/Dock: Boathouse - 1 Slip, Covered Dock - 1 Slip
  • Construction: Brick/Frame
  • Waterfront Frontage: 109

Garage/Parking

  • Parking: 2 Car, Drive Under/Basement, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central, Heat Pump
  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Energy Features: Double Pane/Thermo, Ceiling Insulation, Roof Vent Fans, Electric Water Heater
  • Water/Sewer: Public Water, Septic Tank

Association/Amenities

  • Amenities: Boat/Camper/Van Prkg, Lake

Schools

  • Elementary Bus Line: Yes
  • High School Bus: Yes
  • Middle School Bus: Yes
  • Elementary School: Mashburn / Forsyth / Forsyth County, GA
  • Middle School: Lakeside / Forsyth / Forsyth County, GA
  • High School: Forsyth Central / Forsyth / Forsyth County, GA

Lot Info

  • Lot Description: Private Backyard, Sloping, Wooded
  • Lot Size: 1/2 - 1 Acre
  • Land Lot: 148
  • Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
Higgins Carol Annette
Bought by
My Home For Rent Llc
Total Days on Market
76
Current Estimated Value
$551,141

Purchase Details

Listed on
Aug 16, 2013
Closed on
Nov 18, 2013
Sold by
Orr Paul C
Bought by
Harris Scott E
Seller's Agent
Jerry Guhl
Keller Williams Realty Atl. Partners
Buyer's Agent
Jay Wilson
Virtual Properties Realty.Net
List Price
$239,900
Sold Price
$228,500
Premium/Discount to List
-$11,400
-4.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$179,588
Interest Rate
4.31%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 6, 2013
Sold by
Georgia Power Co
Bought by
Orr Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,588
Interest Rate
4.31%
Mortgage Type
FHA

Range of Values:

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Average Value
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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
My Home For Rent Llc -- None Listed On Document
My Home For Rent Llc $335,000 None Listed On Document
Harris Scott E $228,500 --
Harris Scott E -- --
Orr Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris Scott E $230,250
Previous Owner Harris Scott E $218,000
Previous Owner Harris Scott E $220,288
Previous Owner Harris Scott E $179,588
Previous Owner Orr Paul $179,588
Previous Owner Orr Paul C $234,000
Previous Owner Orr Paul C $48,000
Previous Owner Orr Paul $50,000
Previous Owner Orr Paul C $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2013 11/18/13 Sold $228,500 -0.6% $78 / Sq Ft
10/31/2013 10/31/13 Pending -- -- --
10/07/2013 10/07/13 Price Changed $229,900 -2.2% $79 / Sq Ft
09/04/2013 09/04/13 Price Changed $235,000 -2.0% $81 / Sq Ft
08/16/2013 08/16/13 For Sale $239,900 -- $82 / Sq Ft
Source: Georgia MLS

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
2024 $5,631 $229,620 $120,000 $109,620
2023 $798 $205,132 $96,000 $109,132
2022 $907 $156,472 $84,000 $72,472
2021 $878 $156,472 $84,000 $72,472
2020 $3,956 $157,776 $84,000 $73,776
2019 $3,825 $151,152 $84,000 $67,152
2018 $3,634 $141,292 $84,000 $57,292
2017 $3,131 $116,808 $68,400 $48,408
2016 $3,054 $113,208 $64,800 $48,408
2015 $2,990 $107,528 $60,000 $47,528
2014 $2,757 $104,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07142135

Georgia MLS

APN: 198-198