NOT LISTED FOR SALE

1502 Gathering Place Unit 1502 Cumming, GA 30040

Estimated Value: $325,000 - $353,000

2 Beds
2.5 Baths
1,527 Sq Ft
$223/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $149,000 $98 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $2,089/month

Highlights

  • Separate his and hers bathrooms
  • Deck
  • Wood Flooring
  • Otwell Middle School Rated A
  • Traditional Architecture
  • End Unit

About This Home

As of November 2016

Gorgeous 2 bedroom, 2.5 bath brick-front, end-unit town home with room to expand in basement with stubbed bath on corner lot featuring NEW: carpet, some interior paint, sink, gas stove, disposal, microwave, light fixtures, resurfaced showers & tubs, new ceiling fans and more! Lots of light! One of the largest floor plans available in community, fireplace, large private deck, trey ceiling in master, double vanity & his and her closets & much more! Convenient to GA 400, Cumming Aquatic Center, Lake Lanier, shopping and award winning Forsyth County Schools!

Last Agent to Sell the Property

Doug Ferguson

Atlanta Communities License #167530 Listed on: 10/13/2016

Atlanta Communities

Co-Listed By

Mary King

Atlanta Communities License #124742

Last Buyer's Agent

Donna Robinson

Coldwell Banker Realty License #361094

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,123

Year Built

  • Built in 2002

Lot Details

  • End Unit
  • Private Entrance
  • Private Yard

HOA Fees

  • $73 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Composition Roof
  • Brick Front

Interior Spaces

  • 1,527 Sq Ft Home
  • Roommate Plan
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Hall
  • Laundry on main level

Basement

  • Partial Basement
  • Interior Basement Entry
  • Garage Access
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Open Access
  • Security System Owned

Accessible Home Design

  • Accessible Entrance

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Enclosed Patio or 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
  • High Speed Internet
  • Cable TV Available

Community Details

  • Secondary HOA Phone (678) 297-9566
  • Pilgrim Lake Subdivision

Listing and Financial Details

  • Legal Lot and Block 124 / POD M
  • Assessor Parcel Number 194 630

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,123

Year Built

Built in 2002

Lot Details

0

HOA Fees

$73 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse, Traditional
  • Property Condition: Resale
  • Year Built: 2002
  • Accessibility Features: Accessible Entrance
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet, His and Hers Closets, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Driveway Access, Interior Entry, Partial
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Laminate Counters, Pantry
  • Common Walls: End Unit
  • Additional Rooms: Family Room, Great Room - 1 Story, Other
  • Square Footage: 1527.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Roommate Floor Plan
  • 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
  • Roof Type: Composition
  • Patio And Porch Features: Covered, Deck, Enclosed
  • Exterior Features: Private Front Entry, Private Yard

Garage/Parking

  • Carport or Garage: 1
  • Number of Garage Spaces: 1
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Security: Open Access, Security System Owned
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Hall, Main Level
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Exterior
  • Community Features: Homeowners Assoc
  • Association Fee: 73
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Monthly
  • Association: Yes
  • Management Company Email: Cbarber@homesideproperties.com
  • Management Phone: 678-297-9566
  • Subdivision Complex: Pilgrim Lake

Schools

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

Lot Info

  • Lot: 124
  • Land/Lot: 1047
  • Section G M D: 1
  • Deed Book: 7614
  • Deed Page: 764-7
  • Parcel Number: 194 630
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Thermostat, Windows

Tax Info

  • Taxes: 1123.00
  • Assessor Parcel Number: 194-000-630
  • Close Date: 2016-11-30
  • Tax Year: 2015

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

Closed on
Aug 8, 2018
Sold by
Venado Shirley
Bought by
Thompson Russell B
Current Estimated Value
$340,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,480
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2017
Sold by
Gilstrap Lucille F
Bought by
Venado Shirley

Purchase Details

Listed on
Oct 13, 2016
Closed on
Nov 30, 2016
Sold by
Lucille F
Bought by
Gilstrap Lucille F and Venado Shirley
Seller's Agent
Doug Ferguson
Atlanta Communities
Buyer's Agent
Donna Robinson
Coldwell Banker Realty
List Price
$149,000
Sold Price
$149,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.84%
Original Mortgage
$68,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2015
Sold by
Patanao Janette
Bought by
Patanao-Adkins Janette D and Adkins Savalis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,717
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2005
Sold by
Sfj & 2003 & 1 Llc
Bought by
Patanao Janette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,100
Interest Rate
5.69%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 6, 2004
Sold by
Butcher David
Bought by
Sfjv 2002 I Llc

Purchase Details

Closed on
Feb 21, 2003
Sold by
Homeland Legacy Inc
Bought by
Butcher David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,489
Interest Rate
5.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Thompson Russell B $184,000 --
Venado Shirley -- --
Gilstrap Lucille F -- --
Gilstrap Lucille F $149,000 --
Patanao-Adkins Janette D -- --
Patanao Janette $120,500 --
Sfjv 2002 I Llc $140,474 --
Butcher David $136,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Russell B $178,800
Closed Thompson Russell B $178,480
Previous Owner Gilstrap Lucille F $68,000
Previous Owner Patanao-Adkins Janette D $118,717
Previous Owner Patanao-Adkins Janette D $138,040
Previous Owner Patanao Janette $24,100
Previous Owner Butcher David $134,489
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2016 11/30/16 Sold $149,000 0.0% $98 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
10/13/2016 10/13/16 For Sale $149,000 -- $98 / 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 $2,591 $138,244 $54,000 $84,244
2024 $2,591 $128,628 $54,000 $74,628
2023 $2,131 $123,204 $40,000 $83,204
2022 $2,235 $81,756 $22,000 $59,756
2021 $2,041 $81,756 $22,000 $59,756
2020 $1,933 $76,524 $20,000 $56,524
2019 $1,876 $73,600 $20,800 $52,800
2018 $1,624 $63,668 $18,000 $45,668
2017 $1,472 $56,200 $18,000 $38,200
2016 $1,197 $51,480 $14,000 $37,480
2015 $1,123 $47,880 $10,400 $37,480
2014 $993 $44,648 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5761595

First Multiple Listing Service (FMLS)

APN: 194-630