NOT LISTED FOR SALE

1321 Elderwood Way Cumming, GA 30041

Estimated Value: $489,796 - $531,000

3 Beds
2.5 Baths
2,035 Sq Ft
$248/Sq Ft Est. Value

Highlights

  • Open-Concept Dining Room
  • No Units Above
  • Clubhouse
  • Otwell Middle School Rated A
  • ENERGY STAR Certified Homes
  • Deck

About This Home

As of May 2020

Pack your stuff & move into a **Brand new** maintenance free END UNIT Townhouse. Wi-Fi CERTIFIED Smart home, home security through your phone! Ring video Doorbell, Smart lock. Gourmet kitchen w/white cabinets, SS appliances including Fridge, Washer & Dryer. 3 bedroom & a Loft. 2 car garage, unfinished basement, back to woods. Amenities includes: 2 Tennis Courts, Swimming Pool, Playground, Clubhouse. Convenient Location. 2 minutes to 400, Walking distance to Costco, Dining, Shopping, Market Place Blvd, Lake Lanier Island, Northside Hospital Forsyth. Credit score more than 625, Income 3 times the rent amount & been w/the same employer at least for 6 months. Deposit & 1st month rent due at the time of the contract. Showings will be held by appointments only, no lockbox.

Last Agent to Rent the Property

Niloofar Jafary

Sellect Realty of Georgia, LLC. License #293756 Listed on: 04/15/2020

Last Renter's Agent

NON-MLS NMLS

Non FMLS Member

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,516

Year Built

  • Built in 2020

Lot Details

  • Property fronts a private road
  • No Units Above
  • End Unit
  • No Units Located Below
  • Landscaped
  • Wooded Lot
  • Back Yard

Parking

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

Home Design

  • Shingle Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 2,035 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Open-Concept Dining Room
  • Smart Home

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • 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
  • Oversized primary bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Laundry in Kitchen
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio
  • Rear Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Dehumidifier
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • ENERGY STAR Certified Homes
  • Property is near shops

Listing and Financial Details

  • 12 Month Lease Term
  • $50 Application Fee
  • Assessor Parcel Number 195 290

Community Details

Overview

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

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,516

Year Built

Built in 2020

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Cable TV, Electricity, Gas, Pest Control, Security, Telephone, Trash Collection, Water
  • Credit Report Required: Yes
  • Deposit: One month or more
  • Lease Term: 12 Months
  • Move Out Fee: Yes
  • Move Out Fee: 50.00
  • Per Adult Dollar: 50.00
  • Per Family Dollar: 100.00
  • Pets Allowed: Call
  • Application Fee Per Adult: Yes
  • Application Fee Per Family: Yes

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse
  • Year Built: 2020
  • Levels Stories: Two
  • Special Features: NewHome

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Starter, Great Room
  • Number Of Fireplaces: 1
  • Other Equipment: Dehumidifier
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, ENERGY STAR Qualified Appliances, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet, Smart Home, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Interior Entry, Partial, Unfinished
  • Kitchen Features: Breakfast Bar, Cabinets White, Pantry, Stone Counters, View to Family Room
  • Common Walls: End Unit, No One Above, No One Below
  • Additional Rooms: Great Room - 1 Story
  • Dining Room Features: Open Concept
  • Square Footage: 2035.00
  • 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, Separate Tub/Shower

Exterior Features

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

Garage/Parking

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

Utilities

  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Heating: Central, Hot Water, Natural Gas, Zoned
  • Laundry Features: In Kitchen, Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Clubhouse, Homeowners Assoc, Near Shopping, Playground, Pool, Restaurant, Sidewalks, 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

  • Land/Lot: 1186
  • Section G M D: 1st
  • Lot Features: Back Yard, Landscaped, Level, Wooded
  • Parcel Number: 195 290
  • Property Attached Yn: No

Green Features

  • Green Building Certifications: ENERGY STAR Certified Homes

Tax Info

  • Assessor Parcel Number: 195-000-290
  • Close Date: 2020-05-08

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2020
Sold by
Majdi Ddd
Bought by
Lion Homes Llc
Current Estimated Value
$504,949

Purchase Details

Listed on
Apr 15, 2020
Closed on
Apr 16, 2020
Sold by
Lennar Georgia Inc
Bought by
Majdi Mehran
Seller's Agent
Niloofar Jafary
Sellect Realty of Georgia, LLC.
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
Sold Price
$1,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,863
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

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
Lion Homes Llc -- --
Majdi Mehran $289,150 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Majdi Mehran $216,863
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Rented $1,800 -2.7% --
04/20/2020 04/20/20 Under Contract -- -- --
04/15/2020 04/15/20 For Rent $1,850 -- --
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
2024 $4,516 $184,148 $54,000 $130,148
2023 $4,509 $183,200 $52,000 $131,200
2022 $3,508 $113,900 $32,000 $81,900
2021 $3,145 $113,900 $32,000 $81,900
2020 $884 $32,000 $32,000 $0
2019 $498 $18,000 $18,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6709241

First Multiple Listing Service (FMLS)

APN: 195-290