NOT LISTED FOR SALE

1345 Elderwood Way Cumming, GA 30041

Estimated Value: $433,000 - $523,000

3 Beds
2.5 Baths
1,900 Sq Ft
$253/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $499,000 $263 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,103/month

12 Days on Market

Highlights

  • Open-Concept Dining Room
  • No Units Above
  • Clubhouse
  • Otwell Middle School Rated A
  • Separate his and hers bathrooms
  • Deck

About This Home

As of June 2024

Welcome Home! This meticulously maintained end unit townhome with 2 car garage offers great privacy and lots of natural light with an unbeatable location. This exceptional townhome shows better than a model! Enjoy an expansive open floor plan on the main level with beautiful LVP flooring throughout. The gourmet kitchen & dining area is a chef's dream featuring granite countertops, a sleek subway tiled backsplash, expansive cabinet space, stainless steel appliances and a spacious center island for additional seating. Walk out to the private deck from the family room overlooking the woods! Upstairs, you'll find three generously sized bedrooms, including an oversized master retreat with vaulted ceilings, large owner’s closet with a private wooded view and a bonus loft space! Step into the oversized owner bath with tile floor with double vanity's, soaking tub, and separate tile shower. The two additional bedrooms are perfect for family members or guests and share a well-appointed full bathroom with a tile shower. The laundry room is conveniently located upstairs as well. Throughout the home, you'll appreciate the owner's attention to detail featuring 2-inch wood blinds and a custom board & batten accent wall in the dining area. The spacious loft area upstairs provides the flexibility for a home office and sitting area. Bring your designer touches to the unfinished basement that offers an addition 820 sf or enjoy the abundance of storage space! NO RENTAL RESTRICTIONS. Residents of Cannon Place enjoy awesome community amenities including a clubhouse, two tennis courts, a welcoming fire pit, swimming pool, and a playground creating a vibrant and active lifestyle. Conveniently located just minutes from GA 400, this home offers easy access to shopping, dining, and entertainment options in Cumming's city center, as well as nearby attractions such as Lake Lanier and the North Georgia Outlets.

Last Agent to Sell the Property

Susan Lombardo

Keller Williams North Atlanta Listed on: 05/23/2024

Keller Williams North Atlanta

Last Buyer's Agent

Prasanna Sekhar

RE/MAX Around Atlanta Realty License #416999

RE/MAX Around Atlanta Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,585

Year Built

  • Built in 2020

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 83 x 26
  • No Units Above
  • End Unit
  • No Units Located Below
  • Private Yard
  • Back Yard

HOA Fees

  • $238 Monthly HOA Fees

Parking

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

Home Design

  • Shingle Roof
  • Brick Front
  • Concrete Perimeter Foundation
  • HardiePlank Type

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Loft

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
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Stubbed For A Bathroom

Home Security

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • 110 Volts
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Deck

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 195 302

Community Details

Overview

  • $1,200 Initiation Fee
  • 261 Units
  • Access Management Group Association, Phone Number (770) 777-6890
  • Secondary HOA Phone (770) 777-6890
  • Cannon Place Subdivision

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,585

Year Built

Built in 2020

Lot Details

0

HOA Fees

$238 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: 3-1 1186 LT 101 PH 2 CANNON PLACE
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse
  • Property Condition: Resale
  • Year Built: 2020
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 1900.00
  • Below Grade Sq Ft: 820.00
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log, Gas Starter, Glass Doors
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: High Ceilings 9 ft Main, High Speed Internet, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Full, Interior Entry, Unfinished
  • Kitchen Features: Breakfast Bar, Cabinets White, Kitchen Island, Pantry, Solid Surface Counters, Stone Counters, View to Family Room
  • Common Walls: End Unit, No One Above, No One Below
  • Additional Rooms: Loft
  • Dining Room Features: Open Concept
  • Square Footage: 1900.00
  • Spa Features: None
  • Window Features: Double Pane 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 His/Hers, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Brick Front, HardiPlank Type
  • Roof Type: Shingle
  • Patio And Porch Features: Deck
  • Exterior Features: Private Yard
  • Pool Private: No
  • Foundation: Concrete Perimeter

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Upper Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Maintenance Structure, Swim, Termite, Tennis
  • Community Features: Clubhouse, Homeowners Assoc, Near Schools, Near Shopping, Playground, Pool, Restaurant, Street Lights, Tennis Court(s)
  • Association Fee: 238
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Hoa Contact Phone: 770-777-6890
  • Management Company Email: info@accessmgt.com
  • Management Phone: 770-777-6890
  • Subdivision Complex: Cannon Place

Association/Amenities

  • Number Of Units In Community: 261
  • Management Company: Access Management Group

Schools

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

Lot Info

  • Acres: 0.0500
  • Lot: 101
  • Land/Lot: 1186
  • Section G M D: 1
  • Plat Book: 178
  • Plat Page: 170
  • Lot Features: Back Yard, Level
  • Lot Dimensions: 83 x 26
  • Parcel Number: 195 302
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Windows
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 1200

Tax Info

  • Taxes: 3585.00
  • Assessor Parcel Number: 195-000-302
  • Close Date: 2024-06-28
  • Tax Year: 2023

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
May 23, 2024
Closed on
Jun 28, 2024
Sold by
Showalter Mary
Bought by
Hassen Shafiq Sharukh Raj and Nazineen Mohamed Affra
Seller's Agent
Susan Lombardo
Keller Williams North Atlanta
Buyer's Agent
Prasanna Sekhar
RE/MAX Around Atlanta Realty
List Price
$495,000
Sold Price
$499,000
Premium/Discount to List
$4,000
0.81%
Views
32
Current Estimated Value
$480,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,889
Avg. Annual Appreciation
-3.11%
Original Mortgage
$399,200
Outstanding Balance
$394,386
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$85,725

Purchase Details

Listed on
Nov 5, 2021
Closed on
Dec 29, 2021
Sold by
Ernst Eric E
Bought by
Showalter Mary
Seller's Agent
Kathleen Hernandez
Harry Norman Realtors
Buyer's Agent
Stacy Sugarman
RE/MAX Center
List Price
$419,900
Sold Price
$430,000
Premium/Discount to List
$10,100
2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%

Purchase Details

Closed on
Nov 25, 2020
Sold by
Lennar Georgia Inc
Bought by
Ernst Eric E and Ernst Marlies Elleonore
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
Hassen Shafiq Sharukh Raj $499,000 None Listed On Document
Showalter Mary $430,000 --
Ernst Eric E $290,930 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hassen Shafiq Sharukh Raj $399,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $499,000 +0.8% $263 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $495,000 +15.1% $261 / Sq Ft
12/29/2021 12/29/21 Sold $430,000 +2.4% $217 / Sq Ft
11/05/2021 11/05/21 For Sale $419,900 -- $211 / 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 $3,961 $193,056 $54,000 $139,056
2024 $3,961 $184,268 $54,000 $130,268
2023 $3,585 $183,360 $52,000 $131,360
2022 $3,337 $114,020 $32,000 $82,020
2021 $845 $114,020 $32,000 $82,020
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: 7389399

First Multiple Listing Service (FMLS)

APN: 195-302