NOT LISTED FOR SALE

1605 Indian Way Cumming, GA 30040

Estimated Value: $319,000 - $333,000

2 Beds
2.5 Baths
1,417 Sq Ft
$228/Sq Ft Est. Value

Last Sold December 05, 2022

Last sale price $275,300 $194 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,955/month

17 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Tray Ceiling
  • Otwell Middle School Rated A
  • Bonus Room
  • Entrance Foyer

About This Home

As of December 2022

3-Story Townhome with 2 BED 2 1/2 BATH ****w/FLEX-ROOM ***stubbed for BATHROOM in Pilgrim Lake community in sought after CITY of CUMMING. THE lower level is a flex area/ unfinished basement for potential GUEST ROOM BEDROOM, office, gym, or media space. THIS END UNIT is Bright AND Airy and has ONE CAR GARAGE with parking pad for 2 more cars. CLOSE TO EVERYTHING! Minutes away from the NEW CUMMING CITY CENTER, GA 400, downtown Cumming, Lake Lanier, Cumming Aquatic Center, UNG Cumming campus, Northside Hospital Forsyth, shopping, and restaurants. COZY gas/wood Fireplace in family room leads to kitchen with white cabinets, pantry, and dining area. This Bright Upstairs has roommate floor plan with plenty of light, space, and walk-in closets. Secondary bedroom has private bath. FORSYTH COUNTY SCHOOLS! NEW FLOORING will be installed and NEW INTERIOR PAINT. Enjoy morning coffee/tea on the back deck with FENCED BACKYARD. This community DOES NOT ALLOW RENTALS. THIS PROPERTY IS PRICED UNDER MARKET VALUE, seller will consider highest and best.

Last Agent to Sell the Property

Karen Polanco

Realty One Group Edge License #387421 Listed on: 10/19/2022

Realty One Group Edge

Last Buyer's Agent

Kathleen Angell

Bolst, Inc. License #414956

Bolst, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,777

Year Built

  • Built in 2003

Lot Details

  • 436 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 3-Story Property
  • Roommate Plan
  • Tray Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Bonus Room
  • Stubbed For A Bathroom
  • Laundry on upper level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Garage
  • Parking Pad
  • Garage Door Opener

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include trash, ground maintenance
  • Pilgrim Lake Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,777

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • ArchitecturalStyle: Other, Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: Conventional 95%
  • Levels: Three Or More
  • Lot Size Acres: .01
  • Property Sub-Type: Townhouse
  • Structure Type: House
  • Total Finished Area2: 1417
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range (Combo), Refrigerator
  • Bedrooms: 2
  • Basement: Bath/Stubbed
  • Total Finished Sq Ft: 1417
  • Unfinished Below Grade Sq Ft: 160
  • Above Grade Finished Sq Ft: 1417
  • Interior Amenities: Tray Ceiling(s), Roommate Plan
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Carpet, Vinyl
  • Price Per Square Foot: 194.28

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Other
  • Lot Features: Level
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage Door Opener, Garage, Parking Pad

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Cable Available, Sewer Connected, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: None

Fee Information

  • Association Fee Includes: Trash, Maintenance Grounds

Schools

  • Elementary School: Cumming
  • High School: Forsyth Central
  • High School Bus: Yes
  • Middle School: Otwell
  • Middle School Bus: Yes
  • Elementary School: Cumming
  • Middle School: Otwell
  • High School: Forsyth Central

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1777

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Dec 5, 2022
Sold by
Childs Eddie L
Bought by
Connor Hannah
Seller's Agent
Karen Polanco
Realty One Group Edge
Buyer's Agent
Kathleen Angell
Bolst, Inc.
List Price
$280,000
Sold Price
$275,300
Premium/Discount to List
-$4,700
-1.68%
Views
35
Current Estimated Value
$323,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,363
Avg. Annual Appreciation
5.95%
Original Mortgage
$261,535
Outstanding Balance
$253,687
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$69,976

Purchase Details

Closed on
Jan 31, 2003
Sold by
Homeland Legacy Inc
Bought by
Childs Eddie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,674
Interest Rate
5.93%
Mortgage Type
New Conventional
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
Connor Hannah $275,300 --
Childs Eddie L $124,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connor Hannah $261,535
Previous Owner Childs Eddie L $159,900
Previous Owner Childs Eddie L $120,800
Previous Owner Childs Eddie L $30,200
Previous Owner Childs Eddie L $16,600
Previous Owner Childs Eddie L $122,674
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2022 12/05/22 Sold $275,300 +2.0% $194 / Sq Ft
11/05/2022 11/05/22 Pending -- -- --
11/01/2022 11/01/22 Price Changed $270,000 -1.8% $191 / Sq Ft
10/26/2022 10/26/22 Price Changed $275,000 -1.8% $194 / Sq Ft
10/19/2022 10/19/22 For Sale $280,000 -- $198 / Sq Ft
Source: Georgia MLS

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 $2,953 $128,972 $54,000 $74,972
2024 $2,953 $120,432 $54,000 $66,432
2023 $2,711 $110,120 $38,520 $71,600
2022 $1,951 $75,652 $22,000 $53,652
2021 $1,777 $75,652 $22,000 $53,652
2020 $1,676 $70,740 $20,000 $50,740
2019 $1,526 $63,388 $18,000 $45,388
2018 $1,443 $58,956 $18,000 $40,956
2017 $1,309 $52,324 $18,000 $34,324
2016 $1,210 $47,684 $14,000 $33,684
2015 $1,136 $44,084 $10,400 $33,684
2014 $1,003 $41,172 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Polanco

    Seller's Agent in 2022

    Karen Polanco

    Realty One Group Edge

    (404) 333-2178

    2 in this area

    28 Total Sales

    Karen Polanco
    Section Image

  • K

    Buyer's Agent in 2022

    Kathleen Angell

    Bolst, Inc.

    (404) 642-7694

    3 in this area

    31 Total Sales

    Kathleen Angell
    Section Image
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Map

Source: Georgia MLS

MLS Number: 20081070

Georgia MLS

APN: 194-627

Georgia Forsyth County Cumming 30040

1605 Indian Way, Cumming, GA

This home is located at 1605 Indian Way, Cumming, GA 30040 since 19 October 2022 and is currently estimated at $323,663, approximately $228 per square foot. This property was built in 2003. 1605 Indian Way is a home located in Forsyth County with nearby schools including Cumming Elementary School, Otwell Middle School, and Forsyth Central High School.

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