NOT LISTED FOR SALE

1504 Indian Way Cumming, GA 30040

Estimated Value: $315,000 - $343,000

2 Beds
2.5 Baths
1,376 Sq Ft
$242/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $187,000 $136 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,084/month

Highlights

  • No Units Above
  • Deck
  • Cathedral Ceiling
  • Otwell Middle School Rated A
  • Traditional Architecture
  • Wood Flooring

About This Home

As of December 2019

Lots of upgrades in this lovely "Smart" townhome! Nest Dual Zone Thermostats, Ring Doorbell/surveilllance, House Security System, new SS appliances, open floor plan gas fireplace, Bay window. Hardwood floors,/laminate, crown molding throughout; laundry room upstairs. Master and 2nd bedroom have private full baths. Half Bath on main living floor. Large deck, stone patio, fenced backyard, view of the woods. Convenient to 400, Cumming Aquatic Center, Shopping, Medical Offices, Northside Forsyth Hospital

Last Agent to Sell the Property

Elaine Carlton

BHGRE Metro Brokers License #359258 Listed on: 10/21/2019

BHGRE Metro Brokers

Last Buyer's Agent

Elizabeth Ryan

HomeSmart License #313125

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,601

Year Built

  • Built in 2002

Lot Details

  • 436 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Private Yard
  • Back Yard

HOA Fees

  • $73 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,376 Sq Ft Home
  • 3-Story Property
  • Roommate Plan
  • Rear Stairs
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Great Room with Fireplace
  • Breakfast Room
  • Bonus Room
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in Hall
  • Laundry on upper level

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Deck

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 51
  • Assessor Parcel Number 194 557

Community Details

Overview

  • $436 Initiation Fee
  • 180 Units
  • Bell Nash & Associates Association, Phone Number (678) 593-3200
  • Secondary HOA Phone (678) 593-3200
  • Pilgrim Lake Subdivision
  • FHA/VA Approved Complex
  • Rental Restrictions

Recreation

  • Trails

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,601

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
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Factory Built, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Microwave
  • Interior Amenities: Cathedral Ceiling(s), Tray Ceiling(s)
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Laminate Counters, Eat-in Kitchen, Kitchen Island, Pantry, View to Family Room
  • Common Walls: No One Below, No One Above
  • Additional Rooms: Bonus Room
  • Square Footage: 1376.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Roommate Floor Plan
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Patio And Porch Features: Deck
  • Exterior Features: Private Yard, Rear Stairs

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric, Forced Air
  • Laundry Features: In Hall, Upper Floor
  • Utilities: Cable Available, Natural Gas Available, Underground Utilities
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Trash, Maintenance Grounds
  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc, Near Trails/Greenway
  • Association Fee: 872
  • Association Fee Frequency: Annually
  • F H A Condo Approval: Yes
  • Association: Yes
  • Hoa Contact Phone: 678-593-3200
  • Home Warranty: Yes
  • Management Company Email: clientservices@bellnash.com
  • Management Phone: 678-593-3200
  • Subdivision Complex: Pilgrim Lake

Association/Amenities

  • Number Of Units In Community: 180
  • Management Company: Bell Nash & Associates

Schools

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

Lot Info

  • Acres: 0.0100
  • Lot: 51
  • Land/Lot: 3
  • Section G M D: 1047
  • Deed Book: 7589
  • Deed Page: 1
  • Lot Features: Back Yard, Private
  • Lot Dimensions: 436
  • Parcel Number: 194 557
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 436

Tax Info

  • Taxes: 1601.00
  • Assessor Parcel Number: 194 557
  • Close Date: 2019-12-20
  • Tax Year: 2018

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
Oct 21, 2019
Closed on
Dec 20, 2019
Sold by
Knolls Lee
Bought by
Knolls Lee and Knolls Delette Elaine
Seller's Agent
Elaine Carlton
BHGRE Metro Brokers
Buyer's Agent
Elizabeth Ryan
HomeSmart
List Price
$194,900
Sold Price
$187,000
Premium/Discount to List
-$7,900
-4.05%
Current Estimated Value
$333,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,162
Avg. Annual Appreciation
10.55%
Original Mortgage
$149,600
Outstanding Balance
$132,178
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$200,984

Purchase Details

Listed on
Aug 14, 2015
Closed on
Nov 20, 2015
Sold by
Newcome Zack Z
Bought by
Rodriguez Angel
Seller's Agent
Matthew Thaxton
Keller Williams Community Partners
Buyer's Agent
Elaine Carlton
BHGRE Metro Brokers
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.40%

Purchase Details

Closed on
Apr 7, 2011
Sold by
Bank Of Ny Mellon 2005-10
Bought by
Roman Katrina and Newcome Zack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,127
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 7, 2010
Sold by
Charest Christopher
Bought by
Structured Asset Mtg 2005-10

Purchase Details

Closed on
May 16, 2003
Sold by
Homeland Legacy Inc
Bought by
Lanier James M and Lanier Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,210
Interest Rate
5.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Knolls Lee -- --
Knolls Lee $187,000 --
Rodriguez Angel $125,000 --
Roman Katrina $69,900 --
Structured Asset Mtg 2005-10 $123,294 --
Lanier James M $127,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knolls Lee $149,600
Closed Knolls Lee $149,600
Previous Owner Roman Katrina $68,127
Previous Owner Charest Christopher $28,820
Previous Owner Lanier James M $130,600
Previous Owner Lanier James M $127,210
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $187,000 -2.1% $136 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
11/22/2019 11/22/19 Price Changed $191,000 -1.5% $139 / Sq Ft
11/01/2019 11/01/19 Price Changed $193,900 -0.5% $141 / Sq Ft
10/21/2019 10/21/19 For Sale $194,900 0.0% $142 / Sq Ft
10/18/2019 10/18/19 Price Changed $194,900 +55.9% $142 / Sq Ft
11/25/2015 11/25/15 Sold $125,000 -8.1% $91 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
09/09/2015 09/09/15 Price Changed $136,000 -2.9% $99 / Sq Ft
08/14/2015 08/14/15 For Sale $140,000 -- $102 / 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 $3,016 $131,844 $54,000 $77,844
2024 $3,016 $122,984 $54,000 $68,984
2023 $2,884 $117,160 $40,000 $77,160
2022 $2,428 $78,644 $22,000 $56,644
2021 $2,172 $78,644 $22,000 $56,644
2020 $2,033 $73,612 $20,000 $53,612
2019 $1,723 $62,300 $18,000 $44,300
2018 $1,601 $57,908 $18,000 $39,908
2017 $1,428 $51,440 $18,000 $33,440
2016 $1,298 $46,760 $14,000 $32,760
2015 $1,200 $43,160 $10,400 $32,760
2014 $1,069 $40,368 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6631564

First Multiple Listing Service (FMLS)

APN: 194-557