NOT LISTED FOR SALE

1360 Watercrest Dr Cumming, GA 30041

Estimated Value: $494,000 - $536,000

3 Beds
2.5 Baths
1,691 Sq Ft
$300/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $307,000 $182 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,755/month

Highlights

  • Open-Concept Dining Room
  • Deck
  • Wooded Lot
  • Otwell Middle School Rated A
  • Private Lot
  • Rural View

About This Home

As of October 2020

Beautiful ranch home with drive under basement and oversized garage. Amazing landscaped 1/2 acre with apples, pears, figs and blueberries. Enjoy the large, private back yard with wooded back and frequent deer visiting. Perfect location! Lake Lanier is right down the road along with easy access to Ga 400 and less than 2 miles to restaurants and stores including Costco, BJS, Walmart, Home depot and Lowe's. Nestled adjacent to the pool and tennis courts in the small, friendly neighborhood with a great HOA and in a great school district! Relationship Disclosure: Agent is related to owner and executor.

Last Agent to Sell the Property

Eric Marionneaux

NOT A VALID MEMBER License #388366 Listed on: 09/11/2020

NOT A VALID MEMBER

Last Buyer's Agent

Tony Ford

Nation One Realty Group, Inc. License #335098

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $453

Year Built

  • Built in 1997

Lot Details

  • 0.52 Acre Lot
  • Landscaped
  • Private Lot
  • Sloped Lot
  • Wooded Lot
  • Back and Front Yard

HOA Fees

  • $32 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener
  • Drive Under Main Level
  • Driveway Level
  • Secured Garage or Parking

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,691 Sq Ft Home
  • Rear Stairs
  • Beamed Ceilings
  • Ceiling Fan
  • Private Rear Entry
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Den
  • Rural Views
  • Unfinished Basement
  • Interior Basement Entry
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Dishwasher
  • White Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry in Hall
  • Laundry on main level

Accessible Home Design

  • Accessible Doors

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Central Air
  • Hot Water Heating System
  • Underground Utilities
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 196 453

Community Details

Overview

  • Edgewater At Lanier Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$453

Year Built

Built in 1997

Lot Details

0

HOA Fees

$32 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1997
  • Accessibility Features: Accessible Doors
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Interior Amenities: Beamed Ceilings, Double Vanity
  • Basement: Interior Entry, Unfinished
  • Kitchen Features: Cabinets White, Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Den
  • Dining Room Features: Open Concept
  • Square Footage: 1691.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

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

Exterior Features

  • Construction Materials: Fiber Cement
  • Roof Type: Shingle
  • Patio And Porch Features: Covered, Deck, Rear Porch
  • Exterior Features: Private Rear Entry, Rear Stairs
  • View: Rural

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Drive Under Main Level, Driveway, Garage, Garage Door Opener, Garage Faces Side, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Secured Garage/Parking
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Hot Water
  • Laundry Features: In Hall, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Underground Utilities, Water Available
  • Electric: None

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Near Schools, Near Shopping, Pool, Tennis Court(s)
  • Association Fee: 383
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Edgewater at Lanier

Schools

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

Lot Info

  • Acres: 0.5200
  • Lot Features: Back Yard, Front Yard, Landscaped, Private, Sloped, Wooded
  • Lot Dimensions: x
  • Parcel Number: 196 453
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 453.00
  • Assessor Parcel Number: 196-000-453
  • Close Date: 2020-10-16
  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Oct 16, 2020
Sold by
Jones Annie Laura G Estate
Bought by
Mills Steven T
Seller's Agent
Eric Marionneaux
NOT A VALID MEMBER
Buyer's Agent
Tony Ford
Nation One Realty Group, Inc.
List Price
$325,000
Sold Price
$307,000
Premium/Discount to List
-$18,000
-5.54%
Current Estimated Value
$507,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,327
Avg. Annual Appreciation
10.50%
Original Mortgage
$450,000
Outstanding Balance
$441,728
Interest Rate
2.59%
Mortgage Type
FHA
Estimated Equity
$65,599

Purchase Details

Closed on
Jun 20, 1997
Sold by
Kenny Hutson Const Inc
Bought by
Jones Vernon D and Jones Annie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 1997
Sold by
Develcorp Edgewater
Bought by
Hutsonconstr Kenny
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
Mills Steven T $307,000 --
Jones Vernon D $160,400 --
Hutsonconstr Kenny $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Steven T $450,000
Closed Mills Steven T $450,000
Previous Owner Jones Vernon D $80,000
Closed Hutsonconstr Kenny $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $307,000 -5.5% $182 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $325,000 -- $192 / 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 $746 $177,152 $58,000 $119,152
2024 $746 $170,040 $54,000 $116,040
2023 $647 $169,156 $44,000 $125,156
2022 $742 $113,124 $24,000 $89,124
2021 $720 $113,124 $24,000 $89,124
2020 $449 $96,260 $24,000 $72,260
2019 $453 $96,644 $18,000 $78,644
2018 $463 $91,668 $18,000 $73,668
2017 $453 $78,536 $18,000 $60,536
2016 $447 $74,536 $14,000 $60,536
2015 $447 $74,536 $14,000 $60,536
2014 $406 $64,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6780027

First Multiple Listing Service (FMLS)

APN: 196-453