NOT LISTED FOR SALE

1518 Gathering Place Cumming, GA 30040

Estimated Value: $324,000 - $343,000

2 Beds
2.5 Baths
1,527 Sq Ft
$219/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $214,900 $141 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,067/month

Highlights

  • Deck
  • Traditional Architecture
  • White Kitchen Cabinets
  • Otwell Middle School Rated A
  • End Unit
  • 1 Car Attached Garage

About This Home

As of February 2021

Don't miss this end unit townhome in Pilgrim Lake! NEW HVAC! This home has been refreshed with new two-tone interior paint and new flooring throughout. The eat in kitchen features ample cabinet and counter space and stainless steel appliances. Cozy up with the fireplace in the living room. Off the living room is a spacious outdoor deck for dining or entertaining. Half bathroom on the main floor for guests' convenience. Both bedrooms and full bathrooms located on the second floor. The primary bedroom has an ensuite bathroom with dual sinks, separate shower and tub, and two closets. Vacant and ready for viewing, come see!

Last Agent to Sell the Property

Marty Walsh

Offerpad Brokerage, LLC. License #385776 Listed on: 12/11/2020

Last Buyer's Agent

Pamela Smith

Trend Atlanta Realty, Inc. License #380507

Trend Atlanta Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,060

Year Built

  • Built in 2002

Lot Details

  • 436 Sq Ft Lot
  • End Unit

HOA Fees

  • $73 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1,527 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Living Room with Fireplace
  • Unfinished Basement
  • Interior and Exterior Basement Entry

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • Bell Nash & Associates, In Association
  • Secondary HOA Phone (678) 593-3225
  • Pilgrim Lake Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 194 638

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,060

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: Traditional
  • Property Condition: Resale
  • Year Built: 2002
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Fireplace Features: Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Microwave
  • Interior Amenities: Entrance Foyer
  • Basement: Exterior Entry, Interior Entry, Unfinished
  • Kitchen Features: Cabinets White
  • Common Walls: End Unit
  • Additional Rooms: Living Room
  • Square Footage: 1527.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Roof Type: Composition
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: Other

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc
  • Association Fee: 872
  • Association Fee Frequency: Annually
  • Management Company Email: patrick@bellnash.com
  • Management Phone: 678-593-3225
  • Subdivision Complex: Pilgrim Lake

Association/Amenities

  • Number Of Units In Community: 1
  • Management Company: Bell Nash & Associates, In

Schools

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

Lot Info

  • Acres: 0.0100
  • Lot Features: Level
  • Parcel Number: 194 638
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2060.00
  • Assessor Parcel Number: 194-000-638
  • Close Date: 2021-02-16
  • Tax Year: 2020

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 11, 2020
Closed on
Feb 16, 2021
Sold by
Op Spe Tpa1 Llc
Bought by
Trask Walter J
Seller's Agent
Marty Walsh
Offerpad Brokerage, LLC.
Buyer's Agent
Pamela Smith
Trend Atlanta Realty, Inc.
List Price
$214,900
Sold Price
$214,900
Current Estimated Value
$334,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,066
Avg. Annual Appreciation
10.13%
Original Mortgage
$204,155
Outstanding Balance
$183,010
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$151,956

Purchase Details

Closed on
Nov 30, 2020
Sold by
Merry Stacia
Bought by
Op Spe Tpa1 Llc

Purchase Details

Listed on
Sep 6, 2013
Closed on
Nov 6, 2013
Sold by
Clark Lenore
Bought by
Merry Stacia
Seller's Agent
Vicki Stouffer
Maximum One Premier Realtors
Buyer's Agent
Kim Meisen
BHHS Georgia Properties
List Price
$118,900
Sold Price
$116,000
Premium/Discount to List
-$2,900
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%
Original Mortgage
$110,200
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2010
Sold by
Clark Lenore
Bought by
Clark Lenore and Faul Colleen

Purchase Details

Closed on
Dec 19, 2002
Sold by
Homeland Legacy Inc
Bought by
Clark Lenore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,282
Interest Rate
5.92%
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
Trask Walter J $214,900 --
Op Spe Tpa1 Llc $190,000 --
Merry Stacia $116,000 --
Clark Lenore -- --
Clark Lenore $129,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trask Walter J $204,155
Closed Trask Walter J $204,155
Previous Owner Merry Stacia $110,200
Previous Owner Clark Lenore $133,282
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2021 02/16/21 Sold $214,900 0.0% $141 / Sq Ft
01/06/2021 01/06/21 Pending -- -- --
12/28/2020 12/28/20 For Sale $214,900 0.0% $141 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $214,900 +85.3% $141 / Sq Ft
11/06/2013 11/06/13 Sold $116,000 -0.8% $76 / Sq Ft
09/30/2013 09/30/13 Pending -- -- --
09/23/2013 09/23/13 Price Changed $116,900 -1.7% $77 / Sq Ft
09/06/2013 09/06/13 For Sale $118,900 -- $78 / 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 $2,701 $137,696 $54,000 $83,696
2024 $2,701 $128,152 $54,000 $74,152
2023 $2,233 $122,644 $40,000 $82,644
2022 $2,155 $79,804 $22,000 $57,804
2021 $2,204 $79,804 $22,000 $57,804
2020 $2,060 $74,612 $20,000 $54,612
2019 $1,849 $66,860 $18,000 $48,860
2018 $1,761 $63,668 $18,000 $45,668
2017 $1,560 $56,200 $18,000 $38,200
2016 $1,429 $51,480 $14,000 $37,480
2015 $1,331 $47,880 $10,400 $37,480
2014 $1,182 $44,648 $10,400 $34,248
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6818128

First Multiple Listing Service (FMLS)

APN: 194-638