NOT LISTED FOR SALE

1555 Lockridge Dr Cumming, GA 30041

Estimated Value: $1,310,000 - $1,794,000

5 Beds
4.5 Baths
5,950 Sq Ft
$249/Sq Ft Est. Value

Last Sold May 01, 2013

Last sale price $635,000 $107 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $8,775/month

Highlights

  • 200 Feet of Waterfront
  • Covered dock with one slips
  • Second Kitchen
  • Mashburn Elementary School Rated A
  • Deep Water Access
  • Fishing

About This Home

As of May 2013

Great south lake location with spectular lake views from almost every room! E-Z walk and very gentle slope to the water! Custom all aluminum single slip dock with full party deck on top! Deep water cove. 4 Sides Brick and Roof one year old. Master on the Main w/his and her closets! Professionally finished terrace level with tile floors...lots of space to entertain...full bar, guest bedroom and full bath, beautiful second kitchen, screened porch and workout room with dry sauna. This lake house has it all! CAUTION ALARM...See private remarks

Last Agent to Sell the Property

Cleve Gaddis

RE/MAX Center License #238775 Listed on: 11/29/2012

RE/MAX Center

Co-Listed By

Debra Liggett

RE/MAX Center License #169802

Last Buyer's Agent

Ruth Honick

Keller Williams Realty Chattahoochee North, LLC License #112654

Keller Williams Realty Chattahoochee North, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,578

Year Built

  • Built in 1996

Lot Details

  • 200 Feet of Waterfront
  • Lake Front
  • Landscaped
  • Sloped Lot
  • Irrigation Equipment
  • Wooded Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 5,950 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Den
  • Loft
  • Bonus Room
  • Game Room
  • Screened Porch
  • Sauna
  • Home Gym
  • Wood Flooring
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Second Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Outdoor Features

  • Deep Water Access
  • Party Deck
  • Covered dock with one slips
  • Deck

Schools

  • Mashburn Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 1555LockridgeDR

Community Details

Overview

  • Mashburn Landing Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,578

Year Built

Built in 1996

Lot Details

0

HOA Fees

$42 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: 1996
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log, Master Bedroom
  • Number Of Fireplaces: 2
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Bookcases, Cathedral Ceiling(s), Disappearing Attic Stairs, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Speed Internet, His and Hers Closets, Low-Flow Fixtures, Sauna, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Second Kitchen, Breakfast Bar, Cabinets White, Stone Counters, Eat-in Kitchen, Kitchen Island, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Den, Exercise Room, Family Room, Game Room, Great Room - 1 Story, Loft, Other
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 5950.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: In-Law Suite/Apartment, Master on Main, Sitting Room
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Waterfront Frontage: 200
  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition, Ridge Vents
  • Patio And Porch Features: Deck, Screened
  • View: Lake

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm, Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: In Kitchen, Laundry Room
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Community Features: Fishing, Homeowners Assoc, Lake, Street Lights, Tennis Court(s)
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Mashburn Landing

Schools

  • Elementary School: Mashburn
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Lot: 12
  • Land/Lot: 147
  • Section G M D: 1
  • Plat Book: 44
  • Plat Page: 44-50
  • Lot Features: Landscaped, Sloped, Wooded
  • Lot Dimensions: .53 Acres
  • Parcel Number: 1555LockridgeDR
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat, Windows

Tax Info

  • Taxes: 6578.00
  • Close Date: 2013-05-01
  • Tax Year: 2012

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: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2012
Closed on
May 1, 2013
Sold by
Schaudel Deborah Gail
Bought by
Schaudel Deborah Gail and Schaudel Robert
Seller's Agent
Cleve Gaddis
RE/MAX Center
Buyer's Agent
Ruth Honick
Keller Williams Realty Chattahoochee North, LLC
List Price
$675,000
Sold Price
$635,000
Premium/Discount to List
-$40,000
-5.93%
Current Estimated Value
$1,480,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$845,399
Avg. Annual Appreciation
7.05%
Original Mortgage
$508,000
Outstanding Balance
$361,263
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$1,119,136

Purchase Details

Closed on
Jul 22, 1999
Sold by
Birruss Dev & Construc Inc
Bought by
Serio Rosematy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.66%
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
Schaudel Deborah Gail -- --
Schaudel Deborah Gail $635,000 --
Serio Rosematy $604,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaudel Deborah Gail $508,000
Closed Schaudel Deborah Gail $508,000
Previous Owner Serio Rosematy $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2013 05/01/13 Sold $635,000 -5.9% $107 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
11/29/2012 11/29/12 For Sale $675,000 -- $113 / 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 $10,606 $522,092 $240,000 $282,092
2024 $10,606 $511,572 $240,000 $271,572
2023 $10,244 $506,208 $192,000 $314,208
2022 $9,632 $346,344 $168,000 $178,344
2021 $8,859 $346,344 $168,000 $178,344
2020 $8,602 $333,908 $168,000 $165,908
2019 $8,653 $335,712 $168,000 $167,712
2018 $8,679 $335,552 $168,000 $167,552
2017 $7,629 $284,276 $132,000 $152,276
2016 $7,494 $277,876 $132,000 $145,876
2015 $7,507 $277,876 $132,000 $145,876
2014 $6,599 $252,556 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cleve Gaddis

    Seller's Agent in 2013

    Cleve Gaddis

    RE/MAX

    (678) 987-1921

    2 in this area

    159 Total Sales

    Cleve Gaddis
    Section Image
  • Debra Liggett

    Seller Co-Listing Agent in 2013

    Debra Liggett

    RE/MAX

    (770) 497-0000

    84 Total Sales

    Debra Liggett
    Section Image
  • Ruth Honick

    Buyer's Agent in 2013

    Ruth Honick

    Keller Williams Realty Chattahoochee North, LLC

    (770) 605-3775

    20 Total Sales

    Ruth Honick
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5087049

First Multiple Listing Service (FMLS)

APN: 198-335

Georgia Forsyth County Cumming 30041

1555 Lockridge Dr, Cumming, GA

This home is located at 1555 Lockridge Dr, Cumming, GA 30041 since 29 November 2012 and is currently estimated at $1,480,399, approximately $248 per square foot. This property was built in 1996. 1555 Lockridge Dr 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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