NOT LISTED FOR SALE

1750 Watercrest Dr Cumming, GA 30041

Estimated Value: $465,000 - $547,000

5 Beds
2.5 Baths
2,268 Sq Ft
$218/Sq Ft Est. Value

Last Sold May 17, 2013

Last sale price $168,400 $74 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $2,987/month

Highlights

  • Deck
  • Traditional Architecture
  • Solid Surface Countertops
  • Otwell Middle School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of May 2013

HUGE PRICE REDUCTION!!! Exceptional 2 story home for your family. 5BR/3.5BA. SPACIOUS KITCHEN w/solid surface counters, Sunny brkfst area and brkfst bar opens to cozy family room with fireplace, nice hdwds thru out on main. Formal DR, charming MSTR w/hdwds and dbl vanities in the mstr BA. prvt fenced yd. Minutes to Lake Lanier. This Fannie Mae Homepath Property is approved for HomePath Mortgage and Homepath Renovation Mortgage Financing. Purchase for as little as 3% down.

Last Agent to Sell the Property

Sherry Seegulam

Nation One Realty Group, Inc. License #306358 Listed on: 11/29/2012

Co-Listed By

LISA HARDIMAN

NOT A VALID MEMBER License #317135

Last Buyer's Agent

CONNIE MARTING

HomeSmart License #314859

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,082

Year Built

  • Built in 1996

Lot Details

  • 0.47

HOA Fees

  • Property has a Home Owners Association

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Schools

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

Additional Features

  • Deck
  • Sloped Lot

Community Details

  • Self Manage Association, Phone Number (678) 925-4042
  • Edgewater At Lanier Subdivision

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 1750WatercrestDR

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,082

Year Built

Built in 1996

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1996
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Basement: Full, Interior Entry, Unfinished
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Solid Surface Counters, Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Separate Dining Room

Beds/Baths

  • Total Bedrooms: 5
  • Lower Bedrooms: 1
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower

Exterior Features

  • Patio And Porch Features: Deck

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Homeowners Assoc
  • Association Fee Frequency: Annually
  • Master Association Fee: 300
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Management Company Email: Williams-400@comcast.net
  • Management Phone: 678-925-4042
  • Subdivision Complex: Edgewater At Lanier

Association/Amenities

  • Management Company: Self Manage

Schools

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

Lot Info

  • Lot: 38
  • Lot Features: Sloped
  • Lot Dimensions: .47 Acre
  • Parcel Number: 1750WatercrestDR
  • Property Attached Yn: No

Tax Info

  • Taxes: 2082.00
  • Assessor Parcel Number: 196-000-438
  • Close Date: 2013-05-17
  • Tax Year: 2011

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
Nov 29, 2012
Closed on
May 16, 2013
Sold by
Federal National Mortgage Association
Bought by
Avellaneda Edgar Gonzalez
Seller's Agent
Sherry Seegulam
Nation One Realty Group, Inc.
Buyer's Agent
CONNIE MARTING
HomeSmart
List Price
$219,900
Sold Price
$168,400
Premium/Discount to List
-$51,500
-23.42%
Current Estimated Value
$493,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,995
Avg. Annual Appreciation
9.02%

Purchase Details

Closed on
Apr 4, 2002
Sold by
Orneals Adan
Bought by
Orneals Adan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,340
Interest Rate
6.8%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 1999
Sold by
Potter Allan L and Potter Joan M
Bought by
Swope Watson L and Swope Bonita K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,650
Interest Rate
7.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 1996
Sold by
Benny Hopkinsconstr Julie Kathy
Bought by
Potter Allan Joan
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
Avellaneda Edgar Gonzalez $168,400 --
Orneals Adan -- --
Ornelas Adan $192,000 --
Swope Watson L $177,000 --
Potter Allan Joan $154,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ornelas Adan $177,340
Previous Owner Swope Watson L $171,650
Closed Potter Allan Joan $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2013 05/17/13 Sold $168,400 -23.4% $74 / Sq Ft
04/17/2013 04/17/13 Pending -- -- --
11/29/2012 11/29/12 For Sale $219,900 -- $97 / 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 $4,244 $181,772 $58,000 $123,772
2024 $4,244 $173,080 $54,000 $119,080
2023 $4,155 $168,824 $44,000 $124,824
2022 $3,626 $111,988 $24,000 $87,988
2021 $3,092 $111,988 $24,000 $87,988
2020 $2,783 $100,776 $24,000 $76,776
2019 $2,783 $100,640 $18,000 $82,640
2018 $2,897 $104,748 $18,000 $86,748
2017 $2,320 $83,592 $18,000 $65,592
2016 $2,209 $79,592 $14,000 $65,592
2015 $2,213 $79,592 $14,000 $65,592
2014 $1,783 $67,348 $13,828 $53,520
Source: Public Records

Agents Affiliated with this Home

  • Sherry Seegulam

    Seller's Agent in 2013

    Sherry Seegulam

    Nation One Realty Group, Inc.

    (770) 904-3779

    41 Total Sales

    Sherry Seegulam
    Section Image

  • L

    Seller Co-Listing Agent in 2013

    LISA HARDIMAN

    NOT A VALID MEMBER

  • CONNIE MARTING

    Buyer's Agent in 2013

    CONNIE MARTING

    HomeSmart

    (770) 354-7327

    6 Total Sales

    CONNIE MARTING
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5087083

First Multiple Listing Service (FMLS)

APN: 196-438

Georgia Forsyth County Cumming 30041

1750 Watercrest Dr, Cumming, GA

This home is located at 1750 Watercrest Dr, Cumming, GA 30041 since 29 November 2012 and is currently estimated at $493,395, approximately $217 per square foot. This property was built in 1996. 1750 Watercrest Dr is a home located in Forsyth County with nearby schools including Cumming Elementary School, Otwell Middle School, and Forsyth Central High School.

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