NOT LISTED FOR SALE

1520 Moorings Way Cumming, GA 30041

Estimated Value: $1,286,000 - $1,651,096

4 Beds
3.5 Baths
3,604 Sq Ft
$409/Sq Ft Est. Value

Last Sold October 29, 2012

Last sale price $795,000 $221 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $8,052/month

Highlights

  • 200 Feet of Waterfront
  • Covered dock with one slips
  • Heated In Ground Pool
  • Mashburn Elementary School Rated A
  • Deep Water Access
  • Fishing

About This Home

As of October 2012

Beautiful Lake Lanier home in a prime location just minutes from Highway 400, shopping and restaurants. Level deepwater lot with single slip dock. Entertainers dream boasting a beautiful gunite pool & spa. Main level master suite. Beautiful views of the pool & lake from the expansive great room, sunroom & kitchen. An exceptional home in a distinctive community with custom features throughout!

Last Agent to Sell the Property

Elisa Picard

NOT A VALID MEMBER Listed on: 04/25/2012

NOT A VALID MEMBER

Last Buyer's Agent

EILEEN J HOWARD

NOT A VALID MEMBER License #53691

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,042

Year Built

  • Built in 1987

Lot Details

  • 200 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Cul-De-Sac
  • Fenced
  • Landscaped
  • Private Lot

HOA Fees

  • $21 Monthly HOA Fees

Parking

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

Home Design

  • European Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Bookcases
  • Tray Ceiling
  • Cathedral Ceiling
  • Whole House Fan
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Formal Dining Room
  • Loft
  • Sun or Florida Room
  • Sauna
  • Home Gym
  • Lake Views
  • Attic Fan
  • Security System Owned
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Dual Closets
  • Separate his and hers bathrooms
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Hallway
  • Accessible Doors
  • Accessible Entrance

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Deep Water Access
  • Covered dock with one slips
  • Patio

Schools

  • Mashburn Elementary School
  • Lakeside - Forsyth Middle School
  • Forsyth Central High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Air Source Heat Pump
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 4
  • Assessor Parcel Number 1520MooringsWAY

Community Details

Overview

  • Lake Lanier The Moorings Subdivision
  • Community Lake

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,042

Year Built

Built in 1987

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: European
  • Property Condition: Resale
  • Year Built: 1987
  • Accessibility Features: Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s)
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Gas Log, Gas Starter, Master Bedroom
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Bookcases, Cathedral Ceiling(s), Central Vacuum, Entrance Foyer, His and Hers Closets, Sauna, Tray Ceiling(s), Wet Bar
  • Kitchen Features: Breakfast Bar, Cabinets White, Stone Counters, Eat-in Kitchen, Pantry, View to Family Room, Wine Rack
  • Common Walls: No Common Walls
  • Additional Rooms: Exercise Room, Great Room - 1 Story, Loft, Sun Room
  • Dining Room Features: Separate Dining Room

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main, Sitting Room
  • Main Bedrooms: 1
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate His/Hers, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Waterfront Frontage: 200
  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition, Ridge Vents
  • Lake Name: Lanier
  • Fencing: Fenced
  • Patio And Porch Features: Patio
  • Pool Features: Gunite, Heated, In Ground
  • View: Lake

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security System Owned
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air, Heat Pump, Whole House Fan
  • Heating: Electric, Forced Air, Heat Pump, Zoned
  • Laundry Features: Laundry Room
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Fishing, Homeowners Assoc, Lake, Street Lights
  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: Lake Lanier The Moorings

Schools

  • Elementary School: Mashburn
  • Middle School: Lakeside - Forsyth
  • High School: Forsyth Central

Lot Info

  • Lot: 4
  • Land/Lot: 142
  • Section G M D: 1
  • Plat Book: 17
  • Plat Page: 287
  • Lot Features: Cul-De-Sac, Landscaped, Private
  • Lot Dimensions: .51
  • Parcel Number: 1520MooringsWAY
  • Property Attached Yn: No

Tax Info

  • Taxes: 2042.00
  • Assessor Parcel Number: 198-000-029
  • Close Date: 2012-10-29
  • Tax Year: 2011

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • Elementary School: Mashburn
  • High School: Forsyth Central
  • Middle School: Lakeside - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2025
Sold by
Rigelsky Gary and Rigelsky Krista
Bought by
Rigelsky Family Revocable Living Trust and Rigelsky
Current Estimated Value
$1,473,524

Purchase Details

Closed on
Aug 3, 2015
Sold by
Sada Gregory Paul
Bought by
Rigelsky Gary and Rigelsky Krista

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2012
Closed on
Oct 29, 2012
Sold by
Ward Joyce S
Bought by
Sada Gregory Paul and Sada Kimberly A
Seller's Agent
Elisa Picard
NOT A VALID MEMBER
Buyer's Agent
EILEEN J HOWARD
NOT A VALID MEMBER
List Price
$875,000
Sold Price
$795,000
Premium/Discount to List
-$80,000
-9.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%
Original Mortgage
$415,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2004
Sold by
Roberts Alan B and Roberts Jerolyn
Bought by
Ward Jimmy E and Ward Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,500
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 1998
Sold by
Holter Dwight J and Holter Sandra A
Bought by
Roberts Alan B and Roberts Jerolyn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,000
Interest Rate
7.02%
Mortgage Type
New Conventional
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
Rigelsky Family Revocable Living Trust -- None Listed On Document
Rigelsky Gary $943,500 --
Sada Gregory Paul $795,000 --
Ward Jimmy E $761,500 --
Roberts Alan B $667,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rigelsky Gary $600,000
Previous Owner Sada Gregory Paul $415,000
Previous Owner Ward Jimmy E $511,500
Previous Owner Roberts Alan B $467,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2012 10/29/12 Sold $795,000 -9.1% $221 / Sq Ft
09/12/2012 09/12/12 Pending -- -- --
04/25/2012 04/25/12 For Sale $875,000 -- $243 / 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 $2,887 $589,232 $200,000 $389,232
2024 $2,887 $578,912 $200,000 $378,912
2023 $11,154 $519,112 $160,000 $359,112
2022 $11,080 $378,208 $124,000 $254,208
2021 $10,199 $378,208 $124,000 $254,208
2020 $9,946 $365,932 $124,000 $241,932
2019 $9,930 $364,456 $124,000 $240,456
2018 $10,010 $367,992 $124,000 $243,992
2017 $9,851 $358,724 $124,000 $234,724
2016 $8,312 $356,036 $120,000 $234,724
2015 $8,292 $305,132 $110,000 $195,132
2014 $7,574 $289,368 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2012

    Elisa Picard

    NOT A VALID MEMBER

    Section Image

  • E

    Buyer's Agent in 2012

    EILEEN J HOWARD

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5012379

First Multiple Listing Service (FMLS)

APN: 198-029

Georgia Forsyth County Cumming 30041

1520 Moorings Way, Cumming, GA

This home is located at 1520 Moorings Way, Cumming, GA 30041 since 25 April 2012 and is currently estimated at $1,473,524, approximately $408 per square foot. This property was built in 1987. 1520 Moorings Way is a home located in Forsyth County with nearby schools including Mashburn Elementary School, Lakeside Middle School, and Forsyth Central High School.

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