Seller's Agent in 2024
ROBERT REILLY
Century 21 Results
(770) 712-7440
7 in this area
57 Total Sales
1640 Magnolia Place Cumming, GA 30040
4
Beds
3
Baths
1,392
Sq Ft
0.81
Acres
Highlights
- Above Ground Pool
- Wood Burning Stove
- Ranch Style House
- Otwell Middle School Rated A
- Private Lot
- Sun or Florida Room
About This Home
As of June 2024City living in the heart of downtown Cumming! Walking distance to the brand new Forsyth County Arts and Learning Center. Stunning renovation of the entire kitchen! Home has two masters. One on the main floor as well as a beautiful master on the lower level with an enormous cedar master closet. Huge workshop on lower level too! New HVAC in April 2021. New roof 2015. Complete privacy in backyard on almost an acre. New above ground pool. Partially fenced yard. Entire exterior recently painted (stained) no HOA or rental restrictions!Located about 2 miles from the new Cumming City Center.
Last Agent to Sell the Property
Century 21 Results License #277986 Listed on: 11/12/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,036
Year Built
- Built in 1985
Lot Details
- 0.81 Acre Lot
- Cul-De-Sac
- Back Yard Fenced
- Private Lot
Home Design
- Ranch Style House
- Traditional Architecture
- Composition Roof
Interior Spaces
- 1,392 Sq Ft Home
- Rear Stairs
- Wood Burning Stove
- Family Room with Fireplace
- Sun or Florida Room
- Laundry in Mud Room
Kitchen
- Breakfast Area or Nook
- Double Oven
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- Walk-In Closet
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
- Natural lighting in basement
Parking
- Garage
- Parking Accessed On Kitchen Level
Schools
- Cumming Elementary School
- Otwell Middle School
- Forsyth Central High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Cable TV Available
Additional Features
- Energy-Efficient Thermostat
- Above Ground Pool
Community Details
- No Home Owners Association
- Brookfield Subdivision
Listing and Financial Details
- Tax Lot 53
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 12, 2021
Closed on
Dec 10, 2021
Sold by
Lanni Tina
Bought by
Taylor Honor
Seller's Agent
ROBERT REILLY
Century 21 Results
Buyer's Agent
ROBERT REILLY
Century 21 Results
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,019
Avg. Annual Appreciation
5.00%
Purchase Details
Closed on
Mar 31, 2008
Sold by
Osborne Martha L
Bought by
Lanni Tina and Farnham Shawn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,296
Interest Rate
5.97%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $335,000 | -- | |
| Deed | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $172,296 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2024 06/27/24 | Sold | $430,000 | -4.2% | $184 / Sq Ft |
| 05/31/2024 05/31/24 | Price Changed | $449,000 | -2.2% | $192 / Sq Ft |
| 05/10/2024 05/10/24 | For Sale | $459,000 | +37.0% | $196 / Sq Ft |
| 12/10/2021 12/10/21 | Sold | $335,000 | -4.3% | $241 / Sq Ft |
| 11/12/2021 11/12/21 | Pending | -- | -- | -- |
| 11/12/2021 11/12/21 | For Sale | $349,900 | -- | $251 / Sq Ft |
Source: Georgia MLS
Tax History Compared to Growth
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 | $896 | $168,520 | $36,000 | $132,520 |
| 2024 | $896 | $152,244 | $34,000 | $118,244 |
| 2023 | $781 | $148,584 | $30,000 | $118,584 |
| 2022 | $3,148 | $84,520 | $20,000 | $64,520 |
| 2021 | $2,092 | $84,520 | $20,000 | $64,520 |
| 2020 | $2,036 | $81,836 | $20,000 | $61,836 |
| 2019 | $1,975 | $78,724 | $18,000 | $60,724 |
| 2018 | $1,798 | $69,884 | $18,000 | $51,884 |
| 2017 | $1,661 | $63,076 | $18,000 | $45,076 |
| 2016 | $1,552 | $59,076 | $14,000 | $45,076 |
| 2015 | $1,320 | $50,636 | $12,000 | $38,636 |
| 2014 | $1,329 | $53,488 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
ROBERT REILLY
-
Millie Duran-Gonzalez
Buyer's Agent in 2024
Millie Duran-Gonzalez
Keller Williams Chattahoochee
(678) 709-6269
1 in this area
60 Total Sales
Map
Source: Georgia MLS
MLS Number: 10001746
APN: C32-063
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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