NOT LISTED FOR SALE

1550 Independence Trail Cumming, GA 30040

Estimated Value: $574,326 - $677,000

5 Beds
4.5 Baths
2,685 Sq Ft
$233/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $481,000 $179 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,823/month

Highlights

  • Second Kitchen
  • Dining Room Seats More Than Twelve
  • Deck
  • George W. Whitlow Elementary School Rated A
  • Clubhouse
  • Oversized primary bedroom

About This Home

As of June 2021

Original owners, well taken care of and an amazing apartment/in-law suite in the daylight terrace level with it's own private entrance and laundry hook ups. New roof in the last year and 50 gallon water heater. Great floor plan with high arches and open family room to the kitchen. Beautiful Amenities include a Jr. Olympic pool, clubhouse, tennis and playground. You're close to everything! Minutes from GA 400, the Greenway, Fowler Park and The Collection with shopping and restaurants. Award winning Forsyth County Schools (Forsyth Central has won Best of Forsyth the last 7 years!) Location, Location, Location! Don't miss out!

Last Agent to Sell the Property

Lynzi Kiser

Keller Williams Realty Atlanta Partners License #404466 Listed on: 05/21/2021

Keller Williams Realty Atlanta Partners

Last Buyer's Agent

Venkat Samynathan

Keller Williams Realty Atl North License #385272

Keller Williams Realty Atl North

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,601

Year Built

  • Built in 2006

Lot Details

  • 6,534 Sq Ft Lot
  • Landscaped
  • Back Yard Fenced and Front Yard

HOA Fees

  • $117 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Brick Front

Interior Spaces

  • 2,685 Sq Ft Home
  • 3-Story Property
  • Roommate Plan
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Fire and Smoke Detector

Kitchen

  • Second Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom
  • Laundry in Basement
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Front Porch

Schools

  • George W. Whitlow Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts in Garage
  • 110 Volts
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 130 251

Community Details

Overview

  • Hms Association
  • Secondary HOA Phone (770) 667-0595
  • Liberty Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Swim Team

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,601

Year Built

Built in 2006

Lot Details

0

HOA Fees

$117 per month

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: 2006
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator
  • Interior Amenities: Entrance Foyer, Entrance Foyer 2 Story, Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Full
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry, Second Kitchen, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Seats 12+
  • Square Footage: 2685.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: In-Law Suite/Apartment, Oversized Master, Roommate Floor Plan
  • Lower Bedrooms: 1
  • Total Bathrooms: 5
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Composition
  • Fencing: Back Yard, Fenced, Wood
  • Patio And Porch Features: Deck, Front Porch
  • Foundation: None

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Faces Front

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Basement, Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts, 220 Volts in Garage

Condo/Co-op/Association

  • Community Features: Clubhouse, Swim Team, Tennis Court(s)
  • Association Fee: 700
  • Association Fee Frequency: Semi-Annually
  • Association: Yes
  • Management Company Email: mim.r.brennan@hmc-inc.net
  • Management Phone: 770-667-0595
  • Subdivision Complex: Liberty

Association/Amenities

  • Management Company: HMS

Schools

  • Elementary School: George W. Whitlow
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Acres: 0.1500
  • Lot Features: Back Yard, Front Yard, Landscaped
  • Lot Dimensions: x
  • Parcel Number: 130 251
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 3601.00
  • Assessor Parcel Number: 130-000-251
  • Close Date: 2021-06-30
  • Tax Year: 2020

MLS Schools

  • Elementary School: George W. Whitlow
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 30, 2021
Sold by
Lowther Kirtus G
Bought by
Balakrishnan Kathiresan and Gurusamy Kokilavani
Seller's Agent
Lynzi Kiser
Keller Williams Realty Atlanta Partners
Buyer's Agent
Venkat Samynathan
Keller Williams Realty Atl North
List Price
$479,000
Sold Price
$481,000
Premium/Discount to List
$2,000
0.42%
Current Estimated Value
$625,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,082
Avg. Annual Appreciation
6.28%
Original Mortgage
$414,000
Outstanding Balance
$375,641
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$249,441

Purchase Details

Closed on
Feb 28, 2006
Sold by
Ryland Group Inc
Bought by
Lowther Kirtus G and Lowther Stacy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,420
Interest Rate
4.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Balakrishnan Kathiresan $481,000 --
Lowther Kirtus G $298,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balakrishnan Kathiresan $414,000
Previous Owner Lowther Kirtus G $238,420
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold $481,000 +4.8% $179 / Sq Ft
05/23/2021 05/23/21 Price Changed $459,000 -4.2% $171 / Sq Ft
05/21/2021 05/21/21 For Sale $479,000 -- $178 / 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 $4,706 $204,200 $66,000 $138,200
2024 $4,706 $214,412 $66,000 $148,412
2023 $4,183 $205,060 $62,000 $143,060
2022 $4,409 $134,924 $34,000 $100,924
2021 $3,726 $134,924 $34,000 $100,924
2020 $3,601 $130,416 $34,000 $96,416
2019 $3,419 $123,628 $28,000 $95,628
2018 $3,153 $114,000 $28,000 $86,000
2017 $3,101 $111,724 $28,000 $83,724
2016 $3,129 $112,724 $29,000 $83,724
2015 $3,341 $120,164 $29,000 $91,164
2014 $2,544 $96,096 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynzi Kiser

    Seller's Agent in 2021

    Lynzi Kiser

    Keller Williams Realty Atlanta Partners

    (404) 384-2818

    3 in this area

    88 Total Sales

    Lynzi Kiser
    Section Image
  • Venkat Samynathan

    Buyer's Agent in 2021

    Venkat Samynathan

    Keller Williams Realty Atl North

    (404) 268-7631

    7 in this area

    169 Total Sales

    Venkat Samynathan
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6885653

First Multiple Listing Service (FMLS)

APN: 130-251

Georgia Forsyth County Cumming 30040

1550 Independence Trail, Cumming, GA

This home is located at 1550 Independence Trail, Cumming, GA 30040 since 21 May 2021 and is currently estimated at $625,082, approximately $232 per square foot. This property was built in 2006. 1550 Independence Trail is a home located in Forsyth County with nearby schools including George W. Whitlow Elementary School, Otwell Middle School, and Forsyth Central High School.

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