NOT LISTED FOR SALE

1395 Watercrest Dr Cumming, GA 30041

Estimated Value: $355,000 - $435,000

3 Beds
3 Baths
2,594 Sq Ft
$155/Sq Ft Est. Value

Last Sold November 26, 2014

Last sale price $180,000 $69 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,412/month

Highlights

  • Open-Concept Dining Room
  • Deck
  • Wooded Lot
  • Otwell Middle School Rated A
  • Private Lot
  • Traditional Architecture

About This Home

As of November 2014

BANK APPROVED LIST PRICE & SHORT SALE : AS IS, WHERE IS, NO DISCLOSURE. ADD F94 TO OFFER, Needs TLC, great value in upper price S/D, Check pictures for rooms and features. EXCELLANT LOCATION in South Forsyth area of new development! Come Quick to claim this home for yourself! Elbow grease with great rewards! Put on your showing list and get in to see this one TODAY before someone else does! 5 Minutes to Bald Ridge Marina. Bring your boat, ski's and sea Doo's! Let's do the Lake ! !

Last Agent to Sell the Property

Maggie Frazier

Around Atlanta Realty License #126874 Listed on: 06/11/2014

Last Buyer's Agent

Gloria Williams

Keller Williams Realty Atlanta Partners License #356722

Keller Williams Realty Atlanta Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,801

Year Built

  • Built in 1995

Lot Details

  • Lot Dimensions are 92x237x140x192
  • Private Lot
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Split Level Home
  • Fixer Upper
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,594 Sq Ft Home
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Open-Concept Dining Room
  • Computer Room
  • Bonus Room
  • Game Room
  • Workshop
  • Laundry on lower level

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • White Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Finished Basement

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

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Outbuilding
  • Front Porch

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
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 60
  • Assessor Parcel Number 1395WATERCRESTDR

Community Details

Overview

  • Edgewater On Lanier HOA, Phone Number (678) 925-4042
  • Edgewater At Lanier Subdivision

Recreation

  • Tennis Courts
  • Swim or tennis dues are required
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,801

Year Built

Built in 1995

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Fixer Upper
  • Year Built: 1995
  • Levels Stories: Multi/Split
  • Special Features: 12

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Bookcases, Entrance Foyer, High Ceilings 10 ft Main, High Speed Internet, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Interior Entry
  • Kitchen Features: Cabinets White, Eat-in Kitchen, Laminate Counters, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Computer Room, Family Room, Game Room, Living Room, Workshop
  • Dining Room Features: Open Concept
  • Square Footage: 2594.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Total Full Baths: 3
  • Lower Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower

Exterior Features

  • Other Structures: Outbuilding
  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Lower Level
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Pool, Street Lights, Tennis Court(s)
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Hoa Contact Phone: 678-925-4042
  • Management Company Email: WILLIAMS-400@CONCAST.NET
  • Management Phone: 678-925-4042
  • Subdivision Complex: EDGEWATER AT LANIER

Association/Amenities

  • Management Company: EDGEWATER ON LANIER HOA

Schools

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

Lot Info

  • Lot: 60
  • Land/Lot: 3
  • Deed Book: 4950
  • Deed Page: 526
  • Lot Features: Private, Sloped, Wooded
  • Lot Dimensions: 92X237X140X192
  • Parcel Number: 1395WATERCRESTDR
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows

Tax Info

  • Taxes: 1801.00
  • Assessor Parcel Number: 196-000-460
  • Close Date: 2014-11-26
  • Tax Year: 2013

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
Jun 11, 2014
Closed on
Nov 26, 2014
Sold by
Rupp Kay E
Bought by
Thomason David B and Thomason Shannon L
Seller's Agent
Maggie Frazier
Around Atlanta Realty
Buyer's Agent
Gloria Williams
Keller Williams Realty Atlanta Partners
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%
Current Estimated Value
$402,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,659
Avg. Annual Appreciation
7.65%
Original Mortgage
$171,000
Outstanding Balance
$131,466
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$271,193

Purchase Details

Closed on
Nov 2, 2007
Sold by
Higgins Michael E and Higgins Tammy H
Bought by
Rupp Kay E and Rupp Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,214
Interest Rate
6.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 1996
Sold by
Hutson Homes
Bought by
Higgins Michael E Tammy H
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
Thomason David B $180,000 --
Rupp Kay E $245,000 --
Higgins Michael E Tammy H $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomason David B $171,000
Previous Owner Rupp Kay E $241,214
Closed Higgins Michael E Tammy H $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2014 11/26/14 Sold $180,000 -5.2% $69 / Sq Ft
08/03/2014 08/03/14 Pending -- -- --
06/11/2014 06/11/14 For Sale $189,900 -- $73 / 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 $3,304 $168,504 $58,000 $110,504
2024 $3,304 $161,608 $54,000 $107,608
2023 $2,858 $156,564 $44,000 $112,564
2022 $2,967 $104,260 $24,000 $80,260
2021 $2,644 $104,260 $24,000 $80,260
2020 $2,420 $93,384 $24,000 $69,384
2019 $2,424 $93,428 $18,000 $75,428
2018 $2,590 $101,032 $18,000 $83,032
2017 $2,230 $83,516 $18,000 $65,516
2016 $2,207 $79,516 $14,000 $65,516
2015 $2,002 $71,996 $13,276 $58,720
2014 $1,876 $75,924 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maggie Frazier

    Seller's Agent in 2014

    Maggie Frazier

    Around Atlanta Realty

    (404) 271-9406

    14 Total Sales

    Maggie Frazier
    Section Image
  • Gloria Williams

    Buyer's Agent in 2014

    Gloria Williams

    Keller Williams Realty Atlanta Partners

    (678) 780-7556

    68 Total Sales

    Gloria Williams
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5303875

First Multiple Listing Service (FMLS)

APN: 196-460

Georgia Forsyth County Cumming 30041

1395 Watercrest Dr, Cumming, GA

This home is located at 1395 Watercrest Dr, Cumming, GA 30041 since 11 June 2014 and is currently estimated at $402,659, approximately $155 per square foot. This property was built in 1995. 1395 Watercrest Dr 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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