NOT LISTED FOR SALE

1603 Indian Way Unit 122 Cumming, GA 30040

Estimated Value: $311,000 - $330,000

2 Beds
2.5 Baths
1,264 Sq Ft
$253/Sq Ft Est. Value

Last Sold January 04, 2013

Last sale price $63,100 $50 Per Sq Ft

Est. 406% increase in value since last sale

Current estimated payment $2,726/month

Highlights

  • Deck
  • Traditional Architecture
  • 1 Car Attached Garage
  • Otwell Middle School Rated A
  • Open to Family Room
  • Forced Air Heating System

About This Home

As of January 2013

Run, don't walk to this one! Awesome 2/2.5 townhome in move in condition, very little needed to make this one yours! Great location, two master bedroom, roommate floor plan, private backyard, fireplace, garage and more. Even an unfinished basement area to make your own or extra storage. Priced right! This is the one!

Last Agent to Sell the Property

Welch Team

Keller Williams Realty Community Partners Listed on: 11/05/2012

Keller Williams Realty Community Partners

Last Buyer's Agent

Steve Pate

NOT A VALID MEMBER License #315497

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $912

Year Built

  • Built in 2003

Lot Details

  • 436

HOA Fees

  • Property has a Home Owners Association

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Split Level Home
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,264 Sq Ft Home
  • Ceiling Fan
  • Factory Built Fireplace
  • Family Room with Fireplace
  • Carpet
  • Open Access

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Bathtub and Shower Combination in Primary Bathroom

Additional Features

  • Energy-Efficient Windows
  • Deck
  • Two or More Common Walls
  • Forced Air Heating System

Community Details

  • Pilgrim Lake HOA, Phone Number (770) 562-8713
  • Secondary HOA Phone (770) 562-8713
  • Pilgrim Mill Subdivision

Listing and Financial Details

  • Tax Lot 122
  • Assessor Parcel Number 1603Indian122WAY

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$912

Year Built

Built in 2003

Lot Details

0

HOA Fees

$792 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse, Traditional
  • Property Condition: Resale
  • Year Built: 2003
  • Levels Stories: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Microwave
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Laminate Counters, View to Family Room
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Family Room
  • Square Footage: 1264.00

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Split Bedroom Plan
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Roof Type: Composition
  • Patio And Porch Features: Deck

Garage/Parking

  • Carport or Garage: 1
  • Number of Garage Spaces: 1
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Security: Open Access
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air

Condo/Co-op/Association

  • Community Features: Homeowners Assoc
  • Association Fee Frequency: Monthly
  • Master Association Fee: 792
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-562-8713
  • Management Company Email: Jankowskiassociates@yahoo.com
  • Management Phone: 770-562-8713
  • Subdivision Complex: Pilgrim Mill

Association/Amenities

  • Management Company: Pilgrim Lake HOA

Schools

  • Elementary School: Forsyth - Other
  • Middle School: Forsyth - Other
  • High School: Forsyth - Other

Lot Info

  • Lot: 122
  • Land/Lot: 1047
  • Section G M D: 1
  • Deed Book: 6350
  • Deed Page: 650
  • Lot Dimensions: 0.01 Per Realist
  • Parcel Number: 1603Indian122WAY
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Windows

Tax Info

  • Taxes: 912.00
  • Assessor Parcel Number: 194-000-628
  • Close Date: 2013-01-04
  • Tax Year: 2011

MLS Schools

  • Elementary School: Forsyth - Other
  • High School: Forsyth - Other
  • Middle School: Forsyth - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2012
Closed on
Jan 4, 2013
Sold by
Housing And Urban Developm
Bought by
Mashburn Tabitha
Seller's Agent
Welch Team
Keller Williams Realty Community Partners
Buyer's Agent
Steve Pate
NOT A VALID MEMBER
List Price
$57,000
Sold Price
$63,100
Premium/Discount to List
$6,100
10.7%
Current Estimated Value
$319,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,103
Avg. Annual Appreciation
13.58%
Original Mortgage
$57,895
Outstanding Balance
$40,498
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$278,705

Purchase Details

Closed on
Jun 5, 2012
Sold by
Wells Fargo Bank Na
Bought by
Housing And Urban Development

Purchase Details

Closed on
Nov 1, 2002
Sold by
Homeland Legacy Inc
Bought by
Shelton Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,800
Interest Rate
5.93%
Mortgage Type
FHA
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
Mashburn Tabitha $63,100 --
Housing And Urban Development -- --
Wells Fargo Bank Na -- --
Shelton Jill $118,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mashburn Tabitha $57,895
Previous Owner Shelton Jill $103,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2013 01/04/13 Sold $63,100 +10.7% $50 / Sq Ft
11/15/2012 11/15/12 Pending -- -- --
11/05/2012 11/05/12 For Sale $57,000 -- $45 / 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 $2,977 $130,080 $54,000 $76,080
2024 $2,977 $121,420 $54,000 $67,420
2023 $2,842 $115,480 $40,000 $75,480
2022 $2,392 $74,132 $22,000 $52,132
2021 $2,047 $74,132 $22,000 $52,132
2020 $1,914 $69,300 $20,000 $49,300
2019 $1,718 $62,108 $18,000 $44,108
2018 $1,601 $57,876 $18,000 $39,876
2017 $1,152 $41,524 $18,000 $23,524
2016 $1,029 $37,084 $14,000 $23,084
2015 $931 $33,484 $10,400 $23,084
2014 $668 $25,240 $1,240 $24,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5080799

First Multiple Listing Service (FMLS)

APN: 194-628