NOT LISTED FOR SALE

1611 Indian Way Cumming, GA 30040

Estimated Value: $326,000 - $346,000

2 Beds
2.5 Baths
1,228 Sq Ft
$273/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $322,000 $262 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,108/month

1 Day on Market

Highlights

  • Private Lot
  • Traditional Architecture
  • Great Room
  • Otwell Middle School Rated A
  • Wood Flooring
  • Solid Surface Countertops

About This Home

As of August 2023

Prepare to be captivated by this charming townhome, thoughtfully constructed to optimize comfort, utility, and aesthetic appeal. The crown jewel of this property is the beautiful hardwood floors, warming the 2nd and 3rd floors with an enduring elegance. Enjoy open-concept functionality in the main living area with a large living room that boasts a cozy gas fireplace for tranquil nights and a bay window that illuminates the space with an abundance of natural light. Admire the kitchen's expansive counter-space, dining area, and pantry for all your culinary adventures. The upstairs hosts two spacious bedrooms, each with an attached full bath, offering privacy and convenience. You'll be delighted by additional bay windows, enhancing the floor space and bathing the rooms in natural sunlight. As an added advantage, the laundry facilities are located on the same level, making chores a breeze. Take a step through the French doors onto a delightful deck, overlooking a lush garden offering a sublime place for outdoor relaxation. In addition to the single-car garage, you'll find tremendous space off of the garage - currently used as storage but plumbed for an additional bathroom with the opportunity to add more finished living space to the home. With a prime location in Cumming, GA, this townhome is not only a residence but a lifestyle. Proximity to Highway 400, Lake Lanier, Cumming City Center, and a wide selection of dining and shopping venues ensures you'll always have something new to explore. This house is more than just a place to live - it's a place to create memories, to enjoy, and to call home. Reach out for a walkthrough video tour!

Last Agent to Sell the Property

Cindy Bunch

Keller Williams Realty Atl. Partners License #222019 Listed on: 07/21/2023

Keller Williams Realty Atl. Partners

Co-Listed By

Doug Bunch

Keller Williams Realty Atl. Partners License #201277

Last Buyer's Agent

Caleb Bell

Maximum One Premier Realtors License #395699

Maximum One Premier Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,454

Year Built

  • Built in 2002

Lot Details

  • 436 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $84 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Great Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub Includes Tile Surround
  • Separate Shower

Laundry

  • Laundry in Hall
  • Laundry on upper level

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Community Details

  • Association fees include ground maintenance, management fee, reserve fund
  • Pilgrim Lake Subdivision

Listing and Financial Details

  • Tax Lot 119

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,454

Year Built

Built in 2002

Lot Details

0

HOA Fees

$84 per month

Listing Details

  • Property Type: Residential
  • District: 3
  • Section: 1
  • Unit: 3
  • Year Built: 2002
  • ArchitecturalStyle: Traditional
  • Main Level Half Bathrooms: 1
  • Co List Office: KWRS01
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .01
  • Property Sub-Type: Townhouse
  • Structure Type: House
  • Total Finished Area2: 1228
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Microwave, Oven/Range (Combo)
  • Bedrooms: 2
  • Basement: Bath/Stubbed, Concrete, Interior Entry, Exterior Entry, Unfinished
  • Total Finished Sq Ft: 1228
  • Unfinished Below Grade Sq Ft: 200
  • Above Grade Finished Sq Ft: 1228
  • Interior Amenities: Tray Ceiling(s), Separate Shower, Tile Bath, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Factory Built, Gas Starter
  • Flooring: Hardwood, Tile
  • Kitchen Features: Breakfast Area, Breakfast Bar, Pantry, Solid Surface Counters
  • Price Per Square Foot: 254.071

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Brick, Vinyl Siding
  • Lot Features: Private
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage
  • ParkingTotal: 1

Utilities

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

Condo/Co-op/Association

  • Annual Association Fee: 1004
  • Association: Yes
  • Community Features: Sidewalks, Street Lights

Fee Information

  • Association Fee Includes: Maintenance Grounds, Management Fee, Reserve Fund

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

Lot Info

  • Land Lot: 1047
  • Lot: 119
  • Deed Book: 10175
  • Deed Page: 412
  • Plat Book: 70
  • Plat Page: 161

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2454

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 11, 2023
Sold by
Saenz Gabriela
Bought by
Cory Christopher
Seller's Agent
Cindy Bunch
Keller Williams Realty Atl. Partners
Buyer's Agent
Caleb Bell
Maximum One Premier Realtors
List Price
$312,000
Sold Price
$322,000
Premium/Discount to List
$10,000
3.21%
Views
10
Current Estimated Value
$335,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,777
Avg. Annual Appreciation
2.00%
Original Mortgage
$273,700
Outstanding Balance
$267,635
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$68,142

Purchase Details

Listed on
Apr 23, 2021
Closed on
May 27, 2021
Sold by
Holloway Susan H
Bought by
Saenz Gabriela
Seller's Agent
Iva Rebecca Butler
Atlanta Communities
Buyer's Agent
Shannon Maloy
HomeSmart
List Price
$235,000
Sold Price
$230,500
Premium/Discount to List
-$4,500
-1.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.33%
Original Mortgage
$160,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2019
Closed on
May 30, 2019
Sold by
Beck Bonnie L
Bought by
Holloway Susan H
Seller's Agent
Jack Stachura
Market Masters Realty
Buyer's Agent
Iva Rebecca Butler
Atlanta Communities
List Price
$191,900
Sold Price
$175,000
Premium/Discount to List
-$16,900
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.85%
Original Mortgage
$140,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2015
Closed on
Oct 23, 2015
Sold by
Steele Julie
Bought by
Beck Bonnie L
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Jack Stachura
Market Masters Realty
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%

Purchase Details

Closed on
Aug 13, 2009
Sold by
Leresche Louis P and Leresche Gertrude E
Bought by
Skinner Julie

Purchase Details

Closed on
Dec 20, 2002
Sold by
Homeland Legacy Inc
Bought by
Leresche Louis P and Leresche Gertrude E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,900
Interest Rate
5.92%
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
Cory Christopher $322,000 None Listed On Document
Saenz Gabriela $230,500 --
Holloway Susan H $175,000 --
Beck Bonnie L $125,000 --
Skinner Julie $100,000 --
Leresche Louis P $114,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cory Christopher $273,700
Previous Owner Saenz Gabriela $160,000
Previous Owner Holloway Susan H $140,000
Previous Owner Leresche Louis P $91,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $322,000 +3.2% $262 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $312,000 +35.4% $254 / Sq Ft
05/27/2021 05/27/21 Sold $230,500 -1.9% $132 / Sq Ft
04/23/2021 04/23/21 For Sale $235,000 +34.3% $135 / Sq Ft
05/30/2019 05/30/19 Sold $175,000 -7.8% $115 / Sq Ft
04/28/2019 04/28/19 Pending -- -- --
04/23/2019 04/23/19 Price Changed $189,900 -1.0% $124 / Sq Ft
03/11/2019 03/11/19 For Sale $191,900 +53.5% $126 / Sq Ft
10/23/2015 10/23/15 Sold $125,000 0.0% $82 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $125,000 -- $82 / 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 $2,997 $136,144 $54,000 $82,144
2024 $2,997 $126,688 $54,000 $72,688
2023 $2,341 $123,864 $40,000 $83,864
2022 $2,454 $77,668 $22,000 $55,668
2021 $2,001 $77,668 $22,000 $55,668
2020 $1,933 $70,000 $19,600 $50,400
2019 $1,611 $64,272 $18,000 $46,272
2018 $1,528 $60,000 $18,000 $42,000
2017 $1,481 $53,344 $18,000 $35,344
2016 $1,351 $48,664 $14,000 $34,664
2015 $1,244 $47,880 $10,400 $37,480
2014 $1,095 $44,648 $10,400 $34,248
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20136098

Georgia MLS

APN: 194-625