$412,000 - $442,000
RENTED FEB 1, 2025

1540 Brookmere Way Cumming, GA 30040

3 Beds
3 Baths
2,009 Sq Ft
$213 Price per Sq Ft

Last Sold December 18, 2024

Last sale price $430,000 $214 Per Sq Ft

Current estimated payment $2,615/month

About This Home

As of December 2024

Wonderful End Unit, 2 car townhome, largest floorplan on one of the largest lots in the neighborhood with a fenced backyard! Beautiful 3-bedroom, 2.5 bathrooms + a large bonus room (previous owner used as a bedroom). Step inside to an inviting open-concept layout that seamlessly connects the beautiful kitchen featuring gorgeous granite countertops and sleek stainless-steel appliances to the family room, ideal for entertaining. The main level boasts updated luxury vinyl plank (LVP) flooring for durability and easy maintenance. Upstairs, you'll find generously sized bedrooms filled with natural light, including a large primary suite complete with dual sinks and a spacious walk-in closet. You will love spending time outdoors with the level, fully fenced-in backyard, perfect for everyday living and entertaining. Don’t miss the additional spacious side yard to be used for whatever you desire. Inside the 2-car garage take note of the huge bike rack mounted to the ceiling which provides tons of additional storage. Located in a vibrant swim and tennis community in a fantastic location with easy access to GA 400, restaurants, shopping and award-winning Forsyth County Schools. Directly across the street is the Aquatic Center, Close to City Center, within a few miles of Cumming City Center and few miles to Lake Lanier. REQUIREMENTS: Good Credit, No Bankruptcy or Evictions. Non-Smoker, Income needs to be 3 times rental rate (Approximately $79,200/year). The security deposit is at least 1 month's rental rate (depending on the situation) Each adult over 18 years old is required to complete GAR rental application form, third party credit and background check. Financial information required: last 2 months of bank statements and last 2 pay stubs. The owner pays the HOA which includes landscaping, trash service & neighborhood amenities.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2024
Closed on
Dec 18, 2024
Sold by
Roman Miguel and Roman Jessi
Bought by
Govindaswamy Thulasidharan Lakshminaray
Seller's Agent
Carla Lundy
Realty Professionals, Inc.
Buyer's Agent
Leah Wheeler Riess
Keller Williams Realty Community Partners
Sold Price
$2,150
Views
40
Current Estimated Value
$428,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,747
Avg. Annual Appreciation
0.20%
Original Mortgage
$322,500
Outstanding Balance
$321,667
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$108,711

Purchase Details

Closed on
Dec 29, 2017
Sold by
Taylor Morrison Of Georgia Morrison Of Georgi
Bought by
Roman Miguel and Roman Jessi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,256
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Govindaswamy Thulasidharan Lakshminaray $430,000 None Listed On Document
Govindaswamy Thulasidharan Lakshminaray $430,000 None Listed On Document
Roman Miguel $251,818 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Govindaswamy Thulasidharan Lakshminaray $322,500
Closed Govindaswamy Thulasidharan Lakshminaray $322,500
Previous Owner Roman Miguel $20,039
Previous Owner Roman Miguel $247,256
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2025 02/01/25 Rented $2,150 -2.3% --
01/25/2025 01/25/25 Under Contract -- -- --
01/21/2025 01/21/25 Price Changed $2,200 -4.3% $1 / Sq Ft
01/13/2025 01/13/25 Price Changed $2,300 -7.8% $1 / Sq Ft
12/19/2024 12/19/24 For Rent $2,495 0.0% --
12/18/2024 12/18/24 Sold $430,000 -1.1% $188 / Sq Ft
11/09/2024 11/09/24 Pending -- -- --
11/06/2024 11/06/24 Price Changed $435,000 -2.0% $190 / Sq Ft
10/22/2024 10/22/24 Price Changed $444,000 -0.2% $194 / Sq Ft
10/21/2024 10/21/24 Price Changed $445,000 +0.2% $194 / Sq Ft
10/17/2024 10/17/24 Price Changed $444,000 -0.2% $194 / Sq Ft
10/02/2024 10/02/24 For Sale $445,000 -- $194 / Sq Ft

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
2024 $4,072 $166,048 $54,000 $112,048
2023 $3,641 $147,912 $40,000 $107,912
2022 $3,315 $103,648 $22,000 $81,648
2021 $2,862 $103,648 $22,000 $81,648
2020 $2,666 $96,528 $20,000 $76,528
2019 $2,573 $93,048 $18,000 $75,048
2018 $2,480 $89,688 $18,000 $71,688
2017 $500 $18,000 $18,000 $0
Source: Public Records

Agents Affiliated with this Home

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