NOT LISTED FOR SALE

1850 Bernice Dr Cumming, GA 30041

Estimated Value: $979,000 - $1,091,000

6 Beds
5 Baths
4,450 Sq Ft
$234/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $620,000 $139 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,165/month

Highlights

  • 100 Feet of Waterfront
  • Marina
  • Boating
  • Otwell Middle School Rated A
  • Docks
  • Second Kitchen

About This Home

As of November 2022

WOW! This completely renovated contemporary lake home with a private single-slip dock is a showstopper! Located on the south side of Lake Lanier, next to Bald Ridge Marina, minutes from shopping, dining and easy GA-400 access is this beauty waiting for new owners. With a wrap-around porch, private single-slip dock, entertainers kitchen, exclusive in-law suite with separate entrance, new roof (2021) and new septic tank (2022), 2 peach trees and grape vine, this home is ready for year round vacationing! The main floor opens up to the dining room and flows into the kitchen. Real eye catcher is the oversized 10’x 6’ leathered marble island and French doors opening up to the oversized back deck. This floor also offers a bedroom on main (currently used as an office) with a full en-suite bathroom with walk-in shower and his-and-her closets. The tasteful master bedroom opens up to the newly added master bathroom to ensure a spa experience at home! It boasts dual vanities, double shower, free standing soaking tub, and an oversized walk-in closet. Three additional bedrooms and two full bathrooms complete the upstairs. Ready to entertain and host guests at your house? The daylight basement offers a fabulous inlaw suite / apartment with 2nd kitchen, full bathroom, large walk-in closet, and separate entrance. Work up a sweat in the workout space, or get competitive in the game room. This floor has access to the newly landscaped backyard with a brand new sprinkler system to help with upkeep. Walk down to your private single-slip covered dock for all year round boating & water sport fun! Other features: this 6- bedroom home comes with 2 septic tanks, one is brand new (2022), newly installed roof with deluxe shingles (2021), and an APAC water filter system to ensure the highest drinking water quality. IMPORTANT: current homeowners removed 10 trees and cleared all septic field lines to have the backyard ready for pool installation. Pool permit has been filed and approved with Forsyth County Environmental Health Department and ready to pull full permit with Forsyth County. This yard is officially ready to become an entertainer's dream!!

Last Agent to Rent the Property

ANNMARIE SHARP

SharpVantage Realty License #315324 Listed on: 10/13/2022

Last Renter's Agent

ANNMARIE SHARP

SharpVantage Realty License #315324 Listed on: 10/13/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,425

Year Built

  • Built in 1987

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 170 x 106
  • 100 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Private Entrance
  • Wood Fence
  • Landscaped
  • Irrigation Equipment
  • Front and Back Yard Sprinklers
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Lake
  • Woods

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 4,450 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Factory Built Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Private Rear Entry
  • Entrance Foyer
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Home Gym
  • Pull Down Stairs to Attic

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Electric Oven
  • Self-Cleaning Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets

Flooring

  • Carpet
  • Stone
  • Vinyl

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Double Shower

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered dock with one slips
  • Docks
  • Deck
  • Wrap Around Porch
  • Rain Gutters

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Hot Water Heating System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $5,000
  • 12 Month Lease Term
  • $57 Application Fee
  • Assessor Parcel Number 196 056

Community Details

Overview

  • Application Fee Required
  • Bald Ridge Shores Subdivision
  • Community Lake

Amenities

  • Restaurant

Recreation

  • Boating
  • RV or Boat Storage in Community
  • Powered Boats Allowed
  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,425

Year Built

Built in 1987

Lot Details

0

Parking

2

Rental Info

  • Furnished: Furnished
  • Tenant Pays: All Utilities
  • Credit Report Required: Yes
  • Deposit: 5000
  • Lease Term: 12 Months
  • Per Adult Dollar: 57.00
  • Pets Allowed: Yes
  • Application Fee Per Adult: Yes
  • Pet Deposit Dollar: 500.00
  • Deposit Required: Pet, Security

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod
  • Year Built: 1987
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Carpet, Stone, Vinyl
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, ENERGY STAR Qualified Appliances, Microwave, Range Hood, Self Cleaning Oven
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity, Entrance Foyer, High Speed Internet, His and Hers Closets, Smart Home, Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Full, Interior Entry
  • Kitchen Features: Cabinets White, Eat-in Kitchen, Kitchen Island, Pantry, Second Kitchen, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Exercise Room, Family Room, Media Room, Office
  • Dining Room Features: Open Concept, Separate Dining Room
  • Square Footage: 4450.00
  • Spa Features: None
  • Window Features: Double Panes, Insulated Windows

Beds/Baths

  • Total Bedrooms: 6
  • Bedroom Features: In-Law Suite/Apartment, Oversized Master
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Bathrooms: 5
  • Total Full Baths: 5
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Shower, Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Waterfront Frontage: 100
  • Construction Materials: Cement Siding
  • Roof Type: Composition, Shingle
  • Lake Name: Lanier
  • Fencing: Fenced, Wood
  • Patio And Porch Features: Covered, Deck, Front Porch, Wrap Around
  • Exterior Features: Private Front Entry, Private Rear Entry, Private Yard, Rain Gutters
  • View: Lake, Trees/Woods

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage, Garage Door Opener, Garage Faces Front, Kitchen Level

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air, Multi Units, Zoned
  • Heating: Electric, Forced Air, Hot Water, Zoned
  • Laundry Features: Laundry Room, Main Level, Mud Room
  • Utilities: Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Community Features: Boating, Lake, Marina, Near Schools, Near Shopping, Powered Boats Allowed, Restaurant, RV/Boat Storage
  • Management: Owner Managed
  • Subdivision Complex: Bald Ridge Shores

Schools

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

Lot Info

  • Acres: 0.4100
  • Land/Lot: 1189
  • Section G M D: 1st
  • Lot Features: Back Yard, Front Yard, Landscaped, Private, Sprinklers In Front, Sprinklers In Rear
  • Lot Dimensions: 170 x 106
  • Parcel Number: 196 056
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 196-000-056
  • Close Date: 2022-11-17

Multi Family

  • Waterfront Features: Lake Front

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
Jun 25, 2020
Closed on
Dec 4, 2020
Sold by
Slotemaker Derek J Kellermann
Bought by
Slotemaker Derek J Kellermann and Slotemaker Denise K
Seller's Agent
Lisa Hartley-Howell
Keller Williams Realty Community Partners
Buyer's Agent
ANNMARIE SHARP
SharpVantage Realty
List Price
$775,000
Sold Price
$620,000
Premium/Discount to List
-$155,000
-20%
Current Estimated Value
$1,041,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,556
Avg. Annual Appreciation
11.29%
Original Mortgage
$496,000
Outstanding Balance
$441,588
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$599,968

Purchase Details

Closed on
Jul 31, 2003
Sold by
Benson A Jeffrey A and Benson Elaine G
Bought by
Nugent Charles M and Nugent Camilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.72%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Slotemaker Derek J Kellermann -- --
Slotemaker Derek J Kellermann $620,000 --
Nugent Charles M $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slotemaker Derek J Kellermann $496,000
Closed Slotemaker Derek J Kellermann $496,000
Previous Owner Nugent Charles M $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2022 11/17/22 Rented $4,500 -10.0% --
10/13/2022 10/13/22 For Rent $5,000 0.0% --
12/04/2020 12/04/20 Sold $620,000 -4.5% $131 / Sq Ft View Prior Sale
10/06/2020 10/06/20 Pending -- -- --
09/03/2020 09/03/20 Price Changed $649,000 -3.7% $137 / Sq Ft
08/12/2020 08/12/20 Price Changed $674,000 -3.6% $143 / Sq Ft
07/29/2020 07/29/20 Price Changed $699,000 -9.8% $148 / Sq Ft
06/25/2020 06/25/20 For Sale $775,000 -- $164 / 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 $8,425 $416,132 $112,000 $304,132
2024 $8,425 $404,608 $112,000 $292,608
2023 $6,892 $334,544 $84,000 $250,544
2022 $7,357 $236,172 $70,000 $166,172
2021 $6,261 $236,172 $70,000 $166,172
2020 $4,784 $173,236 $70,000 $103,236
2019 $4,774 $172,640 $70,000 $102,640
2018 $5,139 $185,836 $70,000 $115,836
2017 $2,543 $91,632 $17,600 $74,032
2016 $2,543 $91,632 $17,600 $74,032
2015 $2,548 $91,632 $17,600 $74,032
2014 $2,265 $85,572 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7129655

First Multiple Listing Service (FMLS)

APN: 196-056