NOT LISTED FOR SALE

1336 Elderwood Way Cumming, GA 30041

Estimated Value: $482,341 - $515,000

3 Beds
2.5 Baths
1,891 Sq Ft
$262/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $347,000 $184 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,302/month

4 Days on Market

Highlights

  • Clubhouse
  • Oversized primary bedroom
  • Wood Flooring
  • Otwell Middle School Rated A
  • Traditional Architecture
  • Loft

About This Home

As of May 2021

**MULTIPLE OFFERS RECEiVED - highest and best due by 8 PM on Sunday, 4/4/2021** WHY would a homeowner sell after only 6 months...? An amazing opportunity that requires them to move! This owner's move is your buyer's gain! With waiting lists a mile long for new construction, this is your buyer's opportunity to buy a BASICALLY NEW townhome--END UNIT--available now! SO MANY upgrades -- from beautiful wide-plank hardwood floors on entire main level to added recessed lighting and more! Great open floorplan, with gourmet kitchen featuring huge island, stainless steel appliances, pantry, white Shaker-style cabinets, granite countertops, and oversized subway tile backsplash. Kitchen is open to fireside great room with corner gas fireplace, and separate dining area with French door out to patio. Plentiful main floor storage, beautiful powder room, and great custom mudroom leading in from garage complete the main floor! Upstairs, an oversized owner's suite features huge walk-in closet and luxury en suite bathroom with dual sinks, soaking tub, separate shower, and water closet. Two additional bedrooms share a hall bath and dedicated linen closet. Convenient upstairs laundry room and huge loft area for flexible space. Just minutes to GA-400 and Lake Lanier, and only a few minutes more to Halcyon--what an amazing location! BUYER will also get the benefit of the current owner's 11-month walk-through with Lennar and the builder's warranty, which will transfer at closing!

Last Agent to Sell the Property

Maura Neill

RE/MAX Around Atlanta Realty License #296541 Listed on: 04/01/2021

RE/MAX Around Atlanta Realty

Co-Listed By

Ben Neill

RE/MAX Around Atlanta Realty License #380330

Last Buyer's Agent

Vishali Kodela

Virtual Properties Realty.com License #343059

Virtual Properties Realty.com

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $884

Year Built

  • Built in 2020

Lot Details

  • 2,178 Sq Ft Lot
  • End Unit
  • Private Entrance
  • Wrought Iron Fence
  • Landscaped
  • Back Yard Fenced and Front Yard

HOA Fees

  • $238 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

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

Interior Spaces

  • 1,891 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Private Rear Entry
  • Entrance Foyer
  • Great Room with Fireplace
  • Formal Dining Room
  • Loft
  • Pull Down Stairs to Attic
  • Smart Home

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Oversized primary bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level
  • 220 Volts In Laundry

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Patio

Location

  • Property is near schools
  • Property is near shops

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
  • 110 Volts
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 141
  • Assessor Parcel Number 195 342

Community Details

Overview

  • $750 Initiation Fee
  • 261 Units
  • Fieldstone Association Man Association, Phone Number (404) 793-2291
  • Secondary HOA Phone (404) 793-2291
  • Cannon Place Subdivision
  • FHA/VA Approved Complex
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$884

Year Built

Built in 2020

Lot Details

0

HOA Fees

$238 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: Resale
  • Year Built: 2020
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 1891.00
  • Special Features: NewHome

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Gas Log, Gas Starter, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: High Ceilings 9 ft Main, Double Vanity, Disappearing Attic Stairs, High Speed Internet, Entrance Foyer, Smart Home, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets White, Stone Counters, Kitchen Island, Pantry, View to Family Room
  • Common Walls: End Unit
  • Additional Rooms: Great Room - 1 Story, Loft
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1891.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Oversized Master, Roommate Floor Plan, Split Bedroom Plan
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Composition
  • Fencing: Back Yard, Wrought Iron
  • Patio And Porch Features: Patio
  • Exterior Features: Private Front Entry, Private Rear Entry
  • Foundation: Slab

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s), Fire Sprinkler System
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: 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
  • Electric: 110 Volts, 220 Volts in Laundry

Condo/Co-op/Association

  • HOA Fee Includes: Reserve Fund
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Homeowners Assoc, Playground, Pool, Street Lights, Tennis Court(s), Near Schools, Near Shopping
  • Association Fee: 238
  • Association Fee Frequency: Monthly
  • F H A Condo Approval: Yes
  • Association: Yes
  • Hoa Contact Phone: 404-793-2291
  • Home Warranty: Yes
  • Management Company Email: christinatomlinson@fieldstonerp.com
  • Management Phone: 404-793-2291
  • Subdivision Complex: Cannon Place

Association/Amenities

  • Number Of Units In Community: 261
  • Management Company: Fieldstone Association Man

Schools

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

Lot Info

  • Acres: 0.0500
  • Lot: 141
  • Land/Lot: 1186
  • Section G M D: 1
  • Plat Book: 178
  • Plat Page: 170
  • Lot Features: Back Yard, Level, Landscaped, Front Yard
  • Lot Dimensions: x
  • Parcel Number: 195 342
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Appliances, Insulation, Thermostat, Windows
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 750

Tax Info

  • Taxes: 884.00
  • Assessor Parcel Number: 195-000-342
  • Close Date: 2021-05-10
  • Tax Year: 2020

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
Apr 1, 2021
Closed on
May 10, 2021
Sold by
Haworth Jason Gerald
Bought by
Palakala Naveena and Suryaneni Chaitanya
Seller's Agent
Maura Neill
RE/MAX Around Atlanta Realty
Buyer's Agent
Vishali Kodela
Virtual Properties Realty.com
List Price
$325,000
Sold Price
$347,000
Premium/Discount to List
$22,000
6.77%
Current Estimated Value
$495,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,163
Avg. Annual Appreciation
8.34%
Original Mortgage
$301,150
Outstanding Balance
$275,799
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$211,894

Purchase Details

Closed on
Oct 19, 2020
Sold by
Lennar Georgia Inc
Bought by
Haworth Jason Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,350
Interest Rate
2.8%
Mortgage Type
VA
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
Palakala Naveena $347,000 --
Haworth Jason Gerald $288,710 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palakala Naveena $301,150
Closed Palakala Naveena $301,150
Previous Owner Haworth Jason Gerald $295,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $347,000 +6.8% $184 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $325,000 -- $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
2024 $4,237 $172,772 $54,000 $118,772
2023 $4,228 $171,756 $52,000 $119,756
2022 $3,288 $106,860 $32,000 $74,860
2021 $2,951 $106,860 $32,000 $74,860
2020 $884 $32,000 $32,000 $0
2019 $498 $18,000 $18,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Maura Neill

    Seller's Agent in 2021

    Maura Neill

    RE/MAX

    (404) 919-5565

    2 in this area

    109 Total Sales

    Section Image
  • Ben Neill

    Seller Co-Listing Agent in 2021

    Ben Neill

    RE/MAX

    (404) 490-2645

    1 in this area

    82 Total Sales

    Section Image
  • Vishali Kodela

    Buyer's Agent in 2021

    Vishali Kodela

    Virtual Properties Realty

    (678) 699-3801

    3 in this area

    89 Total Sales

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6862326

First Multiple Listing Service (FMLS)

APN: 195-342

Georgia Forsyth County Cumming 30041

1336 Elderwood Way, Cumming, GA

This home is located at 1336 Elderwood Way, Cumming, GA 30041 since 01 April 2021 and is currently estimated at $495,085, approximately $261 per square foot. This property was built in 2020. 1336 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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