NOT LISTED FOR SALE

1620 Townview Ln Unit 1 Cumming, GA 30041

Estimated Value: $392,000 - $475,000

4 Beds
3 Baths
2,208 Sq Ft
$197/Sq Ft Est. Value

Last Sold September 11, 2015

Last sale price $210,000 $95 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,786/month

About This Home

As of September 2015

Very nice house with 4 Bed & 2.5 Bath, Wonderful floor plan, 4th bedroom or bonus rm on 3rd level, Open and bright kitchen w/beautiful stain cabinets, granite counter tops, open to a spacious dining room. Large Great Room with fireplace, hardwood floors thru out the main level. Upstairs nice and large Master suite w/sitting area, master bath w/double vanities, separate tub and shower huge master closet additional bedrooms are a good size. Lake Lanier an awesome amenity, Great location to shopping, GA 400.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2015
Closed on
Sep 11, 2015
Sold by
Lucas Preston Val
Bought by
Nasir Muhammad
Seller's Agent
Ruby Brancato
Keller Williams Realty Community Partners
Buyer's Agent
Wasif Alvi
RE/MAX Center
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%
Current Estimated Value
$434,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,278
Avg. Annual Appreciation
7.74%
Original Mortgage
$120,000
Outstanding Balance
$95,724
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$338,554

Purchase Details

Closed on
Oct 23, 2014
Sold by
Lucas Preston Val
Bought by
Lucas Preston Val and Lucas Kayon Racquel Kadeen

Purchase Details

Closed on
Dec 23, 2013
Sold by
Sdc Gwinnett Llc
Bought by
Lucas Preston Val

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,071
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 2013
Sold by
Buford Dam Land Co Llc
Bought by
Highland Falls Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Nasir Muhammad $210,000 --
Lucas Preston Val -- --
Lucas Preston Val $195,615 --
Highland Falls Llc $264,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nasir Muhammad $120,000
Previous Owner Lucas Preston Val $190,704
Previous Owner Lucas Preston Val $192,071
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2015 11/13/15 Rented $1,595 0.0% --
11/09/2015 11/09/15 Under Contract -- -- --
10/18/2015 10/18/15 Price Changed $1,595 -3.3% $1 / Sq Ft
09/30/2015 09/30/15 Price Changed $1,650 -5.7% $1 / Sq Ft
09/13/2015 09/13/15 For Rent $1,750 0.0% --
09/11/2015 09/11/15 Sold $210,000 -4.5% $85 / Sq Ft
07/23/2015 07/23/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $220,000 -- $89 / Sq Ft

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
2024 $4,281 $174,588 $58,000 $116,588
2023 $4,125 $167,588 $44,000 $123,588
2022 $3,413 $109,452 $28,000 $81,452
2021 $3,022 $109,452 $28,000 $81,452
2020 $3,003 $108,740 $28,000 $80,740
2019 $2,765 $99,992 $20,000 $79,992
2018 $2,635 $95,284 $16,000 $79,284
2017 $2,410 $86,836 $16,000 $70,836
2016 $2,187 $78,796 $12,600 $66,196
2015 $1,995 $76,716 $12,600 $64,116
2014 $1,831 $69,156 $11,760 $57,396
Source: Public Records

Agents Affiliated with this Home

  • Wasif Alvi

    Seller's Agent in 2015

    Wasif Alvi

    RE/MAX

    (678) 462-3010

    3 in this area

    62 Total Sales

    Wasif Alvi
    Section Image
  • Ruby Brancato

    Seller's Agent in 2015

    Ruby Brancato

    Keller Williams Realty Community Partners

    (404) 372-0087

    2 in this area

    47 Total Sales

    Ruby Brancato
    Section Image

  • D

    Buyer's Agent in 2015

    Deborah Negley

    Keller Williams Realty Atlanta Partners

    (404) 642-1070

    29 Total Sales

    Deborah Negley
    Section Image
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Map

Georgia Forsyth County Cumming 30041

1620 Townview Ln Unit 1, Cumming, GA

This home is located at 1620 Townview Ln Unit 1, Cumming, GA 30041 and is currently estimated at $434,278, approximately $196 per square foot. 1620 Townview Ln Unit 1 is a home located in Forsyth County with nearby schools including Mashburn Elementary School, Lakeside Middle School, and Forsyth Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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