NOT LISTED FOR SALE

1502 Indian Way Cumming, GA 30040

Estimated Value: $347,871 - $369,000

3 Beds
2.5 Baths
1,806 Sq Ft
$196/Sq Ft Est. Value

Last Sold September 23, 2019

Last sale price $200,000 $111 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,978/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Loft
  • Otwell Middle School Rated A
  • Main Floor Primary Bedroom
  • End Unit

About This Home

As of September 2019

Master on the main in this beautifully maintained three bedroom two and a half bath townhome. Great room features a fireplace, view to the kitchen, cathedral ceiling and a loft. Separate dining room. Serene patio with professional landscaping. Master bath features dual vanities, separate tub and shower and walk-in closet. Two car garage. Great Schools and easy access to GA 400.

Last Agent to Sell the Property

Sam Russell

BHGRE Metro Brokers License #170259 Listed on: 07/10/2019

BHGRE Metro Brokers

Last Buyer's Agent

Dream Big ATL

Keller Williams Realty Intown ATL License #352083

Keller Williams Realty Intown ATL

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,757

Year Built

  • Built in 2002

Lot Details

  • 1,307 Sq Ft Lot
  • End Unit
  • Back Yard

HOA Fees

  • $63 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,806 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Loft

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 110 Volts
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • 100 Units
  • Steven Associates Association, Phone Number (770) 475-5605
  • Secondary HOA Phone (770) 475-5605
  • Pilgrim Lake Subdivision
  • FHA/VA Approved Complex
  • Rental Restrictions

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 52
  • Assessor Parcel Number 194 558

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,757

Year Built

Built in 2002

Lot Details

0

HOA Fees

$63 per month

Parking

2

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
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Family Room, Factory Built, Gas Starter, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Entrance Foyer, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Laminate Counters, Pantry
  • Common Walls: End Unit
  • Additional Rooms: Loft
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1806.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Kitchen, Laundry Room
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • HOA Rent Restrictions: Yes
  • Association Fee: 63
  • Association Fee Frequency: Monthly
  • F H A Condo Approval: Yes
  • Association: Yes
  • Hoa Contact Phone: 770-475-5605
  • Home Warranty: Yes
  • Management Company Email: jankowskiassociates@yahoo.com
  • Management Phone: 770-475-5605
  • Subdivision Complex: Pilgrim Lake

Association/Amenities

  • Number Of Units In Community: 100
  • Management Company: Steven Associates

Schools

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

Lot Info

  • Acres: 0.0300
  • Lot: 52
  • Land/Lot: 1047
  • Section G M D: 1
  • Plat Book: 6886
  • Plat Page: 461
  • Lot Features: Back Yard
  • Lot Dimensions: 1307
  • Parcel Number: 194 558
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1757.00
  • Assessor Parcel Number: 194-000-558
  • Close Date: 2019-09-23
  • Tax Year: 2017

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
Jul 10, 2019
Closed on
Sep 23, 2019
Sold by
Walters Bartholomew M
Bought by
Schwan Mark B
Seller's Agent
Sam Russell
BHGRE Metro Brokers
Buyer's Agent
Dream Big ATL
Keller Williams Realty Intown ATL
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%
Current Estimated Value
$354,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,218
Avg. Annual Appreciation
9.98%
Original Mortgage
$150,000
Outstanding Balance
$131,408
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$222,810

Purchase Details

Listed on
Jul 24, 2013
Closed on
Sep 13, 2013
Sold by
Egert Sabine
Bought by
Walters Bartholomew M
Seller's Agent
Reid Casey
The Rezerve, LLC
Buyer's Agent
Sam Russell
BHGRE Metro Brokers
List Price
$129,000
Sold Price
$127,000
Premium/Discount to List
-$2,000
-1.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Original Mortgage
$124,699
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2005
Sold by
Starr Melissa L and Starr Thomas
Bought by
Egert Sabine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2003
Sold by
Homelande Legacy Inc
Bought by
Starr Thomas M and Starr Melissa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,608
Interest Rate
5.89%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Schwan Mark B $200,000 --
Walters Bartholomew M $127,000 --
Egert Sabine $142,000 --
Starr Thomas M $132,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwan Mark B $150,000
Previous Owner Walters Bartholomew M $124,699
Previous Owner Egert Sabine $113,600
Previous Owner Starr Thomas M $130,608
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2019 09/23/19 Sold $200,000 -4.8% $111 / Sq Ft
07/20/2019 07/20/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $210,000 +65.4% $116 / Sq Ft
09/13/2013 09/13/13 Sold $127,000 -1.6% $70 / Sq Ft
07/28/2013 07/28/13 Pending -- -- --
07/24/2013 07/24/13 For Sale $129,000 -- $71 / 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 $527 $136,408 $54,000 $82,408
2024 $527 $126,956 $54,000 $72,956
2023 $418 $121,700 $40,000 $81,700
2022 $518 $80,196 $22,000 $58,196
2021 $505 $80,196 $22,000 $58,196
2020 $500 $74,964 $20,000 $54,964
2019 $1,929 $69,740 $18,000 $51,740
2018 $1,902 $68,788 $18,000 $50,788
2017 $1,757 $63,320 $18,000 $45,320
2016 $1,622 $58,440 $14,000 $44,440
2015 $1,525 $54,840 $10,400 $44,440
2014 $1,345 $50,796 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sam Russell

    Seller's Agent in 2019

    Sam Russell

    Better Homes and Gardens Real Estate

    (404) 429-9291

    12 Total Sales

    Sam Russell
    Section Image

  • D

    Buyer's Agent in 2019

    Dream Big ATL

    Keller Williams Realty Intown ATL

    (678) 973-5109

    33 Total Sales

    Dream Big ATL
    Section Image
  • Reid Casey

    Seller's Agent in 2013

    Reid Casey

    The Rezerve, LLC

    (770) 560-4493

    2 in this area

    226 Total Sales

    Reid Casey
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6583327

First Multiple Listing Service (FMLS)

APN: 194-558

Georgia Forsyth County Cumming 30040

1502 Indian Way, Cumming, GA

This home is located at 1502 Indian Way, Cumming, GA 30040 since 10 July 2019 and is currently estimated at $354,218, approximately $196 per square foot. This property was built in 2002. 1502 Indian 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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