NOT LISTED FOR SALE

1516 Indian Way Cumming, GA 30040

Estimated Value: $337,000 - $366,000

3 Beds
3 Baths
1,564 Sq Ft
$225/Sq Ft Est. Value

Last Sold April 05, 2013

Last sale price $130,000 $83 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $1,973/month

Highlights

  • Home Theater
  • Deck
  • Wood Flooring
  • Otwell Middle School Rated A
  • Traditional Architecture
  • Loft

About This Home

As of April 2013

Complete updated home. Great community. move in ready, easy access to 400. Lrgst Floor Plan. Brick front, fully furnished kitchen open to livin area, 3/4" hardwds, front load W/D incl. Bedroom on main. Tiled baths w/ dual vanities & garden tubs, mstr w/trey ceiling, 3rd flr office/3rd bedroom. Loft hall overlooks living area. Finished lower level w/ bonus gamerm, storage, 3rd full bth, 2car garage, tile entryway. Beautiful landscaped, end unit w/ level fenced yard. Private back deck overlooks woods & ground level patio. LED in fam rm stays. Walk to Cumming Aquatic Ctr

Last Agent to Sell the Property

Jeffrey Lyon

HomeSmart License #270884 Listed on: 12/14/2012

HomeSmart

Last Buyer's Agent

Jeff Fountain

NOT A VALID MEMBER

NOT A VALID MEMBER

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,134

Year Built

  • Built in 2003

Lot Details

  • End Unit
  • Fenced
  • Landscaped
  • Private Yard
  • Front Yard

HOA Fees

  • $69 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Split Level Home
  • Composition Roof
  • Brick Front

Interior Spaces

  • 1,564 Sq Ft Home
  • Ceiling height of 9 feet on the main level
  • Fireplace With Gas Starter
  • Insulated Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Home Theater
  • Loft
  • Game Room
  • Wood Flooring
  • Laundry on main level

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

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

Finished Basement

  • Partial Basement
  • Stubbed For A Bathroom

Home Security

  • Open Access
  • Security System Owned

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Doors
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet

Community Details

  • Pilgrim Lake Subdivision

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 1516Indian0WAY

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,134

Year Built

Built in 2003

Lot Details

0

HOA Fees

$69 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: 2003
  • Levels Stories: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Main, High Speed Internet, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Finished, Partial
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Laminate Counters, View to Family Room
  • Common Walls: End Unit
  • Additional Rooms: Family Room, Game Room, Great Room - 1 Story, Loft, Media Room
  • Square Footage: 1564.00
  • Window Features: Insulated Windows

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Deck
  • Exterior Features: Private Yard

Garage/Parking

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

Utilities

  • Security: Open Access, Security System Owned
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Main Level
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Water
  • Community Features: Homeowners Assoc
  • Association Fee: 69
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Pilgrim Lake

Schools

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

Lot Info

  • Lot: 45
  • Land/Lot: 1047
  • Section G M D: 1
  • Deed Book: 6021
  • Deed Page: 534
  • Lot Features: Front Yard, Landscaped
  • Parcel Number: 1516Indian0WAY
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Doors, Thermostat, Windows

Tax Info

  • Taxes: 1134.00
  • Assessor Parcel Number: 194-000-551
  • Close Date: 2013-04-05
  • Tax Year: 2011

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2012
Closed on
Apr 5, 2013
Sold by
Gustafson Kenny L
Bought by
Fitzpatrick Dennis
Seller's Agent
Jeffrey Lyon
HomeSmart
Buyer's Agent
Jeff Fountain
NOT A VALID MEMBER
List Price
$125,000
Sold Price
$130,000
Premium/Discount to List
$5,000
4%
Current Estimated Value
$351,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,494
Avg. Annual Appreciation
8.30%
Original Mortgage
$123,500
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2011
Sold by
Veterans Affairs
Bought by
Gustafson Kenny L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2010
Sold by
Chase Hm Fin Llc
Bought by
Veterans Admn

Purchase Details

Closed on
Aug 27, 2002
Sold by
Homeland Legacy Inc
Bought by
Phillips Kevin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,200
Interest Rate
6.27%
Mortgage Type
VA
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
Fitzpatrick Dennis $130,000 --
Gustafson Kenny L $67,000 --
Veterans Admn -- --
Chase Hm Fin Llc $96,943 --
Phillips Kevin L $148,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzpatrick Dennis $50,000
Open Fitzpatrick Dennis $203,574
Closed Fitzpatrick Dennis $152,850
Closed Fitzpatrick Dennis $123,500
Previous Owner Gustafson Kenny L $53,600
Previous Owner Phillips Kevin L $148,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2013 04/05/13 Sold $130,000 +4.0% $83 / Sq Ft
03/06/2013 03/06/13 Pending -- -- --
12/14/2012 12/14/12 For Sale $125,000 -- $80 / 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 $575 $152,580 $54,000 $98,580
2024 $575 $141,284 $54,000 $87,284
2023 $471 $137,468 $40,000 $97,468
2022 $568 $87,572 $22,000 $65,572
2021 $423 $87,572 $22,000 $65,572
2020 $418 $82,020 $20,000 $62,020
2019 $413 $73,428 $18,000 $55,428
2018 $417 $70,236 $18,000 $52,236
2017 $412 $61,844 $18,000 $43,844
2016 $1,582 $57,004 $14,000 $43,004
2015 $1,485 $53,404 $10,400 $43,004
2014 $1,317 $49,732 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Lyon

    Seller's Agent in 2013

    Jeffrey Lyon

    HomeSmart

    (770) 846-8835

    2 in this area

    124 Total Sales

    Jeffrey Lyon
    Section Image

  • J

    Buyer's Agent in 2013

    Jeff Fountain

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5091512

First Multiple Listing Service (FMLS)

APN: 194-551

Georgia Forsyth County Cumming 30040

1516 Indian Way, Cumming, GA

This home is located at 1516 Indian Way, Cumming, GA 30040 since 14 December 2012 and is currently estimated at $351,494, approximately $224 per square foot. This property was built in 2003. 1516 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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