NOT LISTED FOR SALE

1462 Brookmere Way Cumming, GA 30040

Estimated Value: $393,000 - $415,000

3 Beds
2.5 Baths
1,894 Sq Ft
$214/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $242,000 $128 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,576/month

146 Days on Market

Highlights

  • Open-Concept Dining Room
  • No Units Above
  • Community Pool
  • Otwell Middle School Rated A
  • Cathedral Ceiling
  • Tennis Courts

About This Home

As of March 2019

Built in 2016, this Cumming offers quartz countertops, stainless steel appliances, and a two-car garage. A community pool and tennis courts are part of the HOA. Home comes with a 30-day buyback guarantee. Terms and conditions apply.

Last Agent to Sell the Property

Wayne Chappel

NOT A VALID MEMBER License #306843 Listed on: 09/22/2018

Last Buyer's Agent

Gloria Buice

Market Pointe Realty, LLC. License #128095

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,046

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 20x48x20x48
  • No Units Above
  • End Unit
  • No Units Located Below
  • Vinyl Fence

HOA Fees

  • $77 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway
  • Assigned Parking

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,894 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Open-Concept Dining Room
  • Pull Down Stairs to Attic
  • Security System Owned
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • White Kitchen Cabinets

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 250
  • Assessor Parcel Number 194 477

Community Details

Overview

  • Brookstone Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,046

Year Built

Built in 2016

Lot Details

0

HOA Fees

$77 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse
  • Property Condition: Resale
  • Year Built: 2016
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Interior Amenities: Cathedral Ceiling(s), Disappearing Attic Stairs, Double Vanity, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets White
  • Common Walls: End Unit, No One Above, No One Below
  • Additional Rooms: Other
  • Dining Room Features: Open Concept
  • Square Footage: 1894.00

Beds/Baths

  • Total Bedrooms: 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: Vinyl Siding
  • Roof Type: Composition
  • Fencing: Vinyl
  • Patio And Porch Features: Patio

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Assigned, Driveway

Utilities

  • Security: Security System Owned
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: Laundry Room
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Pool, Tennis Court(s)
  • Association Fee: 924
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Brookstone

Association/Amenities

  • Number Of Units In Community: 1

Schools

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

Lot Info

  • Lot: 250
  • Land/Lot: 1048
  • Section G M D: 1
  • Plat Book: 119
  • Plat Page: 44-53
  • Lot Dimensions: 20x48x20x48
  • Parcel Number: 194 477
  • Property Attached Yn: Yes

Tax Info

  • Taxes: 2046.00
  • Assessor Parcel Number: 194-000-477
  • Close Date: 2019-03-08
  • Tax Year: 2017

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 22, 2018
Closed on
Mar 8, 2019
Sold by
Opendoor Property D Llc
Bought by
Farr Simon Collins
Seller's Agent
Wayne Chappel
NOT A VALID MEMBER
Buyer's Agent
Gloria Buice
Market Pointe Realty, LLC.
List Price
$260,000
Sold Price
$242,000
Premium/Discount to List
-$18,000
-6.92%
Current Estimated Value
$402,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,702
Avg. Annual Appreciation
8.51%
Original Mortgage
$193,600
Outstanding Balance
$172,590
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$236,340

Purchase Details

Closed on
Sep 13, 2018
Sold by
Davis Michael
Bought by
Opendoor Property D Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 2016
Sold by
Morrison Of Georgia Taylor
Bought by
Davis Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,617
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 2012
Sold by
First Citizens Bank And Tr
Bought by
Brookstone Ventures Llc
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
Farr Simon Collins $242,000 --
Opendoor Property D Llc $235,500 --
Davis Michael $203,300 --
Brookstone Ventures Llc -- --
Brookstone Ventures Llc $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farr Simon Collins $193,600
Previous Owner Opendoor Property D Llc $500,000,000
Previous Owner Davis Michael $199,617
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $242,000 -2.8% $128 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
01/31/2019 01/31/19 Price Changed $249,000 -1.2% $131 / Sq Ft
01/17/2019 01/17/19 Price Changed $252,000 -0.8% $133 / Sq Ft
12/13/2018 12/13/18 Price Changed $254,000 -0.8% $134 / Sq Ft
11/29/2018 11/29/18 Price Changed $256,000 -1.2% $135 / Sq Ft
11/08/2018 11/08/18 Price Changed $259,000 -0.4% $137 / Sq Ft
09/22/2018 09/22/18 For Sale $260,000 -- $137 / 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 $3,302 $158,920 $54,000 $104,920
2023 $2,633 $141,440 $40,000 $101,440
2022 $2,873 $98,828 $22,000 $76,828
2021 $2,574 $98,828 $22,000 $76,828
2020 $2,447 $92,680 $20,000 $72,680
2019 $2,475 $89,508 $18,000 $71,508
2018 $2,361 $85,360 $18,000 $67,360
2017 $2,046 $73,712 $18,000 $55,712
2016 $222 $8,000 $8,000 $0
2015 $222 $8,000 $8,000 $0
2014 $159 $6,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2019

    Wayne Chappel

    NOT A VALID MEMBER

    Section Image
  • Gloria Buice

    Buyer's Agent in 2019

    Gloria Buice

    Market Pointe Realty, LLC.

    7 in this area

    24 Total Sales

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6074717

First Multiple Listing Service (FMLS)

APN: 194-477

Georgia Forsyth County Cumming 30040

1462 Brookmere Way, Cumming, GA

This home is located at 1462 Brookmere Way, Cumming, GA 30040 since 22 September 2018 and is currently estimated at $404,950, approximately $213 per square foot. This property was built in 2016. 1462 Brookmere 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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