NOT LISTED FOR SALE

1530 Moorings Way Cumming, GA 30041

Estimated Value: $2,163,000 - $2,401,000

6 Beds
7 Baths
9,201 Sq Ft
$245/Sq Ft Est. Value

Last Sold March 05, 2020

Last sale price $1,250,000 $136 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $13,232/month

Highlights

  • Lake Front
  • Covered dock with two slips
  • Open-Concept Dining Room
  • Mashburn Elementary School Rated A
  • Deep Water Access
  • Heated In Ground Pool

About This Home

As of March 2020

NEW PAINT/PICTURES MASTER!Incredible lake house in desirable South End of Lake Lanier. Welcoming 2 story foyer overlooks the great room natural wood ceilings and palladium windows overlooking the PebbleTech pool/paver patio. New paint/new carpet and light fixtures. Gourmet kitchen with updated cabinets, granite counter tops, spacious island, stainless steel appliances and large windows with open view to deck and pool. The oversized master bedroom on main level opens up to a beautiful private tigerwood deck and includes a spa like bath with dual vanities/stand-alone tub. Hardwood floors & travertine/granite in the game room. Agent/Owner. Don't miss this one! Deepwater south end of the lake! Freshly painted Master Bedroom with new pictures.

Last Agent to Sell the Property

Kristy Scott

Mark Spain Real Estate License #351657 Listed on: 11/07/2019

Mark Spain Real Estate

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,917

Year Built

  • Built in 1983

Lot Details

  • 0.53 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Cul-De-Sac
  • Private Entrance
  • Wooded Lot
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Garage Door Opener
  • Driveway Level
  • Secured Garage or Parking

Home Design

  • Traditional Architecture
  • Split Level Home
  • Shingle Roof
  • Ridge Vents on the Roof
  • Composition Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 9,201 Sq Ft Home
  • Wet Bar
  • Rear Stairs
  • Bookcases
  • Cathedral Ceiling
  • Whole House Fan
  • Skylights
  • Insulated Windows
  • Plantation Shutters
  • Private Rear Entry
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room with Fireplace
  • Living Room
  • Open-Concept Dining Room
  • Breakfast Room
  • Home Office
  • Bonus Room
  • Game Room
  • Home Gym
  • Keeping Room
  • Lake Views
  • Attic Fan

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Oversized primary bedroom
  • 6 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Dual Closets
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Laundry in Kitchen
  • 220 Volts In Laundry

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Approach with Ramp
  • Accessible Entrance

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Insulation

Outdoor Features

  • Heated In Ground Pool
  • Deep Water Access
  • Boat Hoist or Davit
  • Covered dock with two slips
  • Lake On Lot
  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Front Porch

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Air Source Heat Pump
  • Underground Utilities
  • High-Efficiency Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • The Moorings Subdivision
  • Security Service

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 198 030

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,917

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1983
  • Accessibility Features: Accessible Approach with Ramp, Accessible Entrance, Accessible Full Bath
  • Levels Stories: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Family Room, Great Room, Master Bedroom
  • Number Of Fireplaces: 3
  • Other Equipment: Satellite Dish
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Refrigerator, Self Cleaning Oven, Trash Compactor
  • Interior Amenities: Bookcases, Cathedral Ceiling(s), Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, High Ceilings 10 ft Main, High Ceilings 10 ft Lower, His and Hers Closets, Low-Flow Fixtures, Walk-In Closet(s), Wet Bar
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets White, Eat-in Kitchen, Keeping Room, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Den, Exercise Room, Family Room, Game Room, Great Room - 2 Story, Living Room, Office
  • Dining Room Features: Open Concept
  • Square Footage: 9201.00
  • Spa Features: None
  • Window Features: Insulated Windows, Plantation Shutters, Skylight(s)

Beds/Baths

  • Total Bedrooms: 6
  • Bedroom Features: Master on Main, Oversized Master, Sitting Room
  • Lower Bedrooms: 2
  • Main Bedrooms: 4
  • Total Bathrooms: 7
  • Total Full Baths: 5
  • Total Half Baths: 2
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 4
  • Lower Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Bidet, Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Other Structures: Garage(s), Workshop
  • Construction Materials: Synthetic Stucco
  • Roof Type: Composition, Ridge Vents, Shingle
  • Patio And Porch Features: Deck, Front Porch, Patio
  • Exterior Features: Private Front Entry, Private Rear Entry, Private Yard, Rear Stairs, Storage
  • Pool Features: Heated, In Ground
  • View: Lake

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Secured Garage/Parking, Security Service, Security System Owned
  • Cooling: Attic Fan, Heat Pump, Whole House Fan, Zoned
  • Heating: Heat Pump, Zoned
  • Laundry Features: In Kitchen, Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities
  • Electric: 220 Volts in Laundry

Condo/Co-op/Association

  • Subdivision Complex: The Moorings

Schools

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

Lot Info

  • Acres: 0.5300
  • Lot: 3
  • Land/Lot: 142
  • Section G M D: 1
  • Deed Book: 8290
  • Deed Page: 620-6
  • Plat Book: 17
  • Plat Page: 287
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Lake On Lot, Private, Wooded
  • Parcel Number: 198 030
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances, Insulation, Water Heater, Windows
  • Green Energy Generation: None

Tax Info

  • Taxes: 9917.00
  • Assessor Parcel Number: 198-000-030
  • Close Date: 2020-03-05
  • Tax Year: 2018

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Mashburn
  • High School: Forsyth Central
  • Middle School: Lakeside - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2019
Closed on
Mar 5, 2020
Sold by
Scott Raymond G
Bought by
Nitowski Lawrence J and Elder Laura J
Seller's Agent
Kristy Scott
Mark Spain Real Estate
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$1,385,000
Sold Price
$1,250,000
Premium/Discount to List
-$135,000
-9.75%
Current Estimated Value
$2,256,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,006,531
Avg. Annual Appreciation
11.08%
Original Mortgage
$937,500
Outstanding Balance
$828,707
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$1,427,824

Purchase Details

Closed on
Aug 8, 2017
Bought by
Scott Raymond G

Purchase Details

Closed on
Sep 6, 2013
Sold by
Scott Raymond G
Bought by
Lake Lodge Llc
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
Nitowski Lawrence J $1,250,000 --
Scott Raymond G -- --
Lake Lodge Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nitowski Lawrence J $937,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2020 03/05/20 Sold $1,250,000 -9.7% $136 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $1,385,000 0.0% $151 / Sq Ft
11/07/2019 11/07/19 For Sale $1,385,000 -- $151 / 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 $15,639 $760,304 $200,000 $560,304
2024 $15,639 $741,624 $200,000 $541,624
2023 $14,471 $687,852 $160,000 $527,852
2022 $14,167 $497,112 $124,000 $373,112
2021 $12,993 $497,112 $124,000 $373,112
2020 $3,105 $404,712 $124,000 $280,712
2019 $3,117 $399,732 $124,000 $275,732
2018 $9,917 $358,624 $124,000 $234,624
2017 $9,899 $356,664 $124,000 $232,664
2016 $9,788 $352,664 $120,000 $232,664
2015 $9,527 $342,664 $110,000 $232,664
2014 $8,531 $322,236 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6642546

First Multiple Listing Service (FMLS)

APN: 198-030