NOT LISTED FOR SALE

1740 Monarch Ct Cumming, GA 30041

Estimated Value: $698,000 - $747,000

4 Beds
3.5 Baths
3,894 Sq Ft
$183/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $450,000 $116 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,155/month

2 Days on Market

Highlights

  • Second Kitchen
  • Sitting Area In Primary Bedroom
  • Wooded Lot
  • Mashburn Elementary School Rated A
  • Deck
  • Ranch Style House

About This Home

As of July 2020

Spectacular Ranch plan on a finished basement with 3-car garage in Forsyth County! This beautiful Hedgewood home has been immaculately maintained. The owner has every receipt for normal maintenance and upgrades. Wall of windows when you walk through the front door and a desirable open floor concept. Kitchen overlooks the family room with a traditional brick fireplace. Have your morning coffee on the oversized deck just off of the breakfast area. The large master suite offers an abundance of natural light and room for a sitting area. The finished basement was completed by the original builder at time of construction. The full kitchen, large bedroom with private bath is perfect for an in-law suite. A walkway from the front allows for private access. Walk on to a private patio overlooking tranquil wooded views. Recent updates include new carpet, bathroom tile and freshly painted.

Last Listed By

PETER MARKS

NOT A VALID MEMBER License #DUP Listed on: 05/29/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,211

Year Built

  • Built in 1998

Lot Details

  • 0.72 Acre Lot
  • Property fronts a private road
  • Property fronts a state road
  • Level Lot
  • Wooded Lot
  • Private Yard
  • Garden

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Driveway Level

Home Design

  • Ranch Style House
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 3,894 Sq Ft Home
  • Tray Ceiling
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Workshop

Kitchen

  • Second Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 4 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on lower level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Location

  • Property is near schools
  • Property is near shops

Schools

  • Mashburn Elementary School
  • Lakeside - Forsyth Middle School
  • Forsyth Central High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 173 281

Community Details

Overview

  • $1,500 Initiation Fee
  • Grove Park Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Swim or tennis dues are required
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,211

Year Built

Built in 1998

Lot Details

0

HOA Fees

$46 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1998
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Microwave
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Lower, High Ceilings 10 ft Main, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Exterior Entry, Finished, Finished Bath, Full, Interior Entry
  • Kitchen Features: Breakfast Room, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry, Second Kitchen, Solid Surface Counters, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Den, Family Room, Great Room - 1 Story, Living Room, Workshop
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3894.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: In-Law Suite/Apartment, Master on Main, Sitting Room
  • Lower Bedrooms: 1
  • Main Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub, Vaulted Ceilings

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Front Porch, Patio
  • Exterior Features: Garden, Private Yard

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Attached, Garage, Garage Faces Front, Kitchen Level, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Lower Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: Other

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Swim/Tennis, Trash
  • Community Features: Homeowners Assoc, Near Schools, Near Shopping, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 550
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Subdivision Complex: Grove Park

Schools

  • Elementary School: Mashburn
  • Middle School: Lakeside - Forsyth
  • High School: Forsyth Central

Lot Info

  • Acres: 0.7200
  • Deed Book: 5525
  • Deed Page: 196
  • Plat Book: 5525
  • Plat Page: 196
  • Lot Features: Level, Private, Wooded
  • Parcel Number: 173 281
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 1500

Tax Info

  • Taxes: 1211.00
  • Assessor Parcel Number: 173-000-281
  • Close Date: 2020-07-24
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Mashburn
  • High School: Forsyth Central
  • Middle School: Lakeside - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Jul 24, 2020
Sold by
Collien Alice L
Bought by
Gillespie James D and Gillespie Jennifer Chappell
Seller's Agent
PETER MARKS
NOT A VALID MEMBER
Buyer's Agent
PETER MARKS
NOT A VALID MEMBER
List Price
$434,900
Sold Price
$450,000
Premium/Discount to List
$15,100
3.47%
Total Days on Market
2
Current Estimated Value
$713,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,892
Avg. Annual Appreciation
10.21%
Original Mortgage
$359,000
Outstanding Balance
$323,957
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$396,998

Purchase Details

Closed on
Mar 31, 1998
Sold by
Hedgewood Prop Inc
Bought by
Collien Robert A and Collien Alice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.06%
Mortgage Type
New Conventional

Range of Values:

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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
Gillespie James D $450,000 --
Collien Robert A $238,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillespie James Dean $70,000
Open Gillespie James D $359,000
Previous Owner Collien Robert A $84,957
Previous Owner Collien Robert A $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $450,000 -1.1% $116 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
05/31/2020 05/31/20 Price Changed $455,000 +4.6% $117 / Sq Ft
05/29/2020 05/29/20 For Sale $434,900 -- $112 / 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
2024 $1,353 $275,124 $60,000 $215,124
2023 $1,262 $272,828 $50,000 $222,828
2022 $1,344 $177,032 $34,000 $143,032
2021 $4,755 $177,032 $34,000 $143,032
2020 $1,293 $170,776 $34,000 $136,776
2019 $1,211 $159,680 $24,000 $135,680
2018 $1,139 $150,184 $24,000 $126,184
2017 $1,062 $138,784 $24,000 $114,784
2016 $991 $129,864 $20,000 $109,864
2015 $865 $114,224 $18,000 $96,224
2014 $2,647 $106,052 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6730345

First Multiple Listing Service (FMLS)

APN: 173-281