Seller's Agent in 2022
Mary Floyd
Compass
(404) 312-3837
1 in this area
66 Total Sales
1540 Moorings Way Cumming, GA 30041
Estimated Value: $1,148,000 - $1,679,000
4
Beds
4
Baths
3,508
Sq Ft
$416/Sq Ft
Est. Value
Highlights
- 200 Feet of Waterfront
- Community Lake
- Ranch Style House
- Mashburn Elementary School Rated A
- Private Lot
- Whirlpool Bathtub
About This Home
As of November 2022Completely renovated lakefront ranch home conveniently located on south west Lake Lanier. Deep water dock on large private cove. Quick access to GA 400 and everyday resources including restaurants, retail, pharmacies, home improvement stores, hospital and more - all within 5 to 10 minute drive. Habersham Marina within 5 minute boat ride. Private small community on large lots including public water & sewer. No HOA. New flooring. New appliances. New countertops. New faucets. New cabinet hardware. New light fixtures. New doors. New HVAC systems. New insulation. New high-tech garage door openers. New deck. Painted inside and out! Upgraded metal roof that will last for many years. Beautiful lake views from kitchen, sun room and primary suite bathroom. While other docks are grounded when water levels are low, this dock can be easily adjusted to maintain deep water. 4 bedrooms including an awesome primary suite. 2 full baths and 2 half baths. The gourmet kitchen is fully updated and ready to enjoy! Schedule your private showing quickly for this unique property in a prime location on Lake Lanier! Owner is a licensed real estate agent.
Last Agent to Sell the Property
Compass Brokerage Phone: 1404312383 License #291360 Listed on: 10/14/2022
Last Buyer's Agent
Compass Brokerage Phone: 1404312383 License #291360 Listed on: 10/14/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,170
Year Built
- Built in 1990
Lot Details
- 0.68 Acre Lot
- 200 Feet of Waterfront
- Cul-De-Sac
- Private Lot
Home Design
- Ranch Style House
- Metal Roof
- Stucco
Interior Spaces
- 3,508 Sq Ft Home
- High Ceiling
- 1 Fireplace
- Entrance Foyer
- Library
- Sun or Florida Room
- Carpet
- Crawl Space
Kitchen
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Double Vanity
- Whirlpool Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 3 Car Garage
- Parking Pad
- Garage Door Opener
Schools
- Mashburn Elementary School
- Lakeside Middle School
- Forsyth Central High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Underground Utilities
- Gas Water Heater
Community Details
- No Home Owners Association
- The Moorings Subdivision
- Community Lake
Listing and Financial Details
- Tax Lot 2
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 14, 2022
Closed on
Nov 14, 2022
Sold by
Turner Adam B
Bought by
Williamson Mark Alan
Seller's Agent
Mary Floyd
Compass
Buyer's Agent
Mary Floyd
Compass
List Price
$1,399,000
Sold Price
$1,350,000
Premium/Discount to List
-$49,000
-3.5%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,822
Avg. Annual Appreciation
2.56%
Original Mortgage
$1,080,000
Outstanding Balance
$1,052,527
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$395,852
Purchase Details
Closed on
Dec 29, 2020
Sold by
Burroughs Lindsey N
Bought by
Turner Adam B and Burroughs Lindsey N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
2.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 5, 2019
Sold by
Turner Adam
Bought by
Burroughs Lindsey N
Purchase Details
Closed on
Jun 12, 2018
Sold by
Claude Turner H
Bought by
Turner Adam
Purchase Details
Closed on
Aug 21, 2008
Sold by
Turner Vera C
Bought by
Turner Claude H
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Williamson Mark Alan | $1,350,000 | -- | |
| Turner Adam B | -- | -- | |
| Burroughs Lindsey N | -- | -- | |
| Turner Adam | -- | -- | |
| Turner Claude H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Williamson Mark Alan | $1,080,000 | |
| Previous Owner | Turner Adam B | $510,000 | |
| Previous Owner | -- | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/14/2022 11/14/22 | Sold | $1,350,000 | -3.5% | $385 / Sq Ft |
| 10/16/2022 10/16/22 | Pending | -- | -- | -- |
| 10/14/2022 10/14/22 | For Sale | $1,399,000 | -- | $399 / Sq Ft |
Source: Georgia MLS
Tax History Compared to Growth
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 | $12,511 | $566,060 | $210,000 | $356,060 |
| 2023 | $11,249 | $510,884 | $168,000 | $342,884 |
| 2022 | $10,391 | $332,072 | $130,200 | $201,872 |
| 2021 | $9,170 | $332,072 | $130,200 | $201,872 |
| 2020 | $8,942 | $323,816 | $130,200 | $193,616 |
| 2019 | $8,922 | $322,644 | $130,200 | $192,444 |
| 2018 | $1,885 | $289,788 | $130,200 | $159,588 |
| 2017 | $1,917 | $291,636 | $130,200 | $161,436 |
| 2016 | $1,984 | $339,184 | $126,000 | $213,184 |
| 2015 | $1,977 | $334,184 | $121,000 | $213,184 |
| 2014 | $1,822 | $322,828 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Floyd
Map
Source: Georgia MLS
MLS Number: 10100347
APN: 198-031
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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