NOT LISTED FOR SALE

1606 Indian Way Cumming, GA 30040

Estimated Value: $327,759 - $342,000

2 Beds
2.5 Baths
1,307 Sq Ft
$255/Sq Ft Est. Value

Last Sold April 17, 2024

Last sale price $310,000 $237 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,117/month

2 Days on Market

Highlights

  • Deck
  • Private Lot
  • End Unit
  • Otwell Middle School Rated A
  • Wood Flooring
  • Breakfast Room

About This Home

As of April 2024

Great 2 Bedrooms/2.5 Bath Townhome opportunity in sought after Pilgrim Lake Community. Excellent price for a unit that just needs a little TLC. The entrance, garage and storage space are on the lower level. The main level is upstairs and has a ton of natural light. There are hardwoods in the kitchen and bamboo (hardwoods) in the family room. The new double French doors are in the kitchen and open to a deck (replaced in 2020) and a wooded, private back yard. Upstairs you will find two large bedrooms and 2 full baths. There are new blinds throughout the unit and the Water heater was replaced in 2017. Nice flat yard in front and back! Great Forsyth County Schools and close to GA 400, shopping, and restaurants. No rentals allowed.

Last Agent to Sell the Property

Kim Schmal

Century 21 Results License #355036 Listed on: 03/07/2024

Century 21 Results

Last Buyer's Agent

Crystal Canaday

Century 21 Results License #280707

Century 21 Results

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,138

Year Built

  • Built in 2003

Lot Details

  • 871 Sq Ft Lot
  • End Unit
  • Private Entrance
  • Level Lot
  • Back Yard

HOA Fees

  • $84 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,307 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Breakfast Room
  • Laundry on main level

Kitchen

  • Gas Range
  • Dishwasher
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • $752 Initiation Fee
  • Bell Nash Associates Association
  • Secondary HOA Phone (678) 929-1000
  • Pilgrim Lake Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 194   549

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,138

Year Built

Built in 2003

Lot Details

0

HOA Fees

$84 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • Legal Description: 3-1 1047 UN 43 POD K PH3 PILGRIM LAKE
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse
  • Property Condition: Resale
  • Year Built: 2003
  • Levels Stories: Three Or More
  • Above Grade Finished Sq Ft: 1307.00
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Gas Water Heater
  • Kitchen Features: Breakfast Room, Cabinets Stain
  • Common Walls: End Unit
  • Additional Rooms: Other
  • Square Footage: 1307.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Tub/Shower Combo

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Patio And Porch Features: Deck
  • Exterior Features: Private Entry
  • Pool Private: No
  • Foundation: None

Garage/Parking

  • Carport or Garage: 1
  • Number of Garage Spaces: 1
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Front, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Electric: None

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Association Fee: 1004
  • Association Fee Frequency: Annually
  • Association: Yes
  • Management Company Email: clientservices@bellnash.com
  • Management Phone: 678-929-1000
  • Subdivision Complex: Pilgrim Lake

Association/Amenities

  • Management Company: Bell Nash Associates

Schools

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

Lot Info

  • Acres: 0.0200
  • Deed Book: 7003
  • Deed Page: 274
  • Lot Features: Back Yard, Level, Private
  • Lot Dimensions: x
  • Parcel Number: 194   549
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 752

Tax Info

  • Taxes: 3138.00
  • Assessor Parcel Number: 194-000-549
  • Close Date: 2024-04-17
  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2014
Closed on
Apr 16, 2014
Sold by
Doster William G
Bought by
Arias Genessa
Seller's Agent
Theresa Collins
Atlanta Communities
Buyer's Agent
Andrea D Tirotta
Atlanta Communities
List Price
$135,000
Sold Price
$125,000
Premium/Discount to List
-$10,000
-7.41%
Current Estimated Value
$333,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,690
Avg. Annual Appreciation
8.95%
Original Mortgage
$122,735
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 18, 2002
Sold by
Homeland Legacy Inc
Bought by
Doster William G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,720
Interest Rate
6.86%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Arias Genessa $125,000 --
Doster William G $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arias Genessa $30,100
Open Arias Genessa $122,062
Closed Arias Genessa $122,735
Previous Owner Boyd William G $143,011
Previous Owner Doster William G $138,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold $310,000 +3.3% $237 / Sq Ft
03/09/2024 03/09/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $300,000 +140.0% $230 / Sq Ft
04/16/2014 04/16/14 Sold $125,000 -7.4% $96 / Sq Ft
03/24/2014 03/24/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $135,000 -- $103 / 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 $3,248 $139,276 $54,000 $85,276
2024 $3,248 $132,460 $54,000 $78,460
2023 $3,138 $127,476 $40,000 $87,476
2022 $2,637 $82,372 $22,000 $60,372
2021 $2,275 $82,372 $22,000 $60,372
2020 $2,128 $77,060 $20,000 $57,060
2019 $1,908 $68,988 $18,000 $50,988
2018 $1,718 $62,116 $18,000 $44,116
2017 $1,537 $55,364 $18,000 $37,364
2016 $1,406 $50,644 $14,000 $36,644
2015 $1,308 $47,044 $10,400 $36,644
2014 $905 $41,092 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7349264

First Multiple Listing Service (FMLS)

APN: 194-549