NOT LISTED FOR SALE

1950 Buford Dam Rd Unit 103 Cumming, GA 30041

Estimated Value: $501,000 - $541,000

3 Beds
5 Baths
2,356 Sq Ft
$223/Sq Ft Est. Value

Last Sold May 08, 2024

Last sale price $525,000 $223 Per Sq Ft

Current estimated payment $3,557/month

4 Days on Market

Highlights

  • Home Theater
  • Separate his and hers bathrooms
  • Waterfront
  • Mashburn Elementary School Rated A
  • Lake View
  • Traditional Architecture

About This Home

As of May 2024

**SHOWINGS START FRIDAY, 4/12** An exquisite townhome, built entirely of brick featuring seasonal lake views, and direct Lake Lanier access via kayak/canoe right from your backdoor! As you enter the formal front entrance your eye will be drawn to a cozy fireside family room with an open floor-plan to the kitchen, and soaring ceilings. The entire home has been recently upgraded with newly installed luxury wood-like flooring. Additional upgrades include a finish basement roughly 300sf (rare in this community), fresh paint, updated lighting, and a 4 year old roof. The two-story great room features an elegant gas fireplace, built-in bookshelves, a wall of windows, and access to the covered patio suitable for all seasons. The spacious back porch, equipped with a wall of sliding doors (can easily convert the space to a screened-in porch), an insulated floor, offers year-round relaxation with private water views. The kitchen boasts ample cabinet storage, stainless steel appliances, a new dishwasher, glass cabinets, and granite countertops. The main level includes an Owner's Suite with high ceilings, plantation shutters, a double vanity bathroom, and a separate tub/shower. You are sure to love the spacious loft, which is perfect for an office, entertainment area, library...the options are endless! Both bedrooms upstairs have their own private bathroom. The terrace level offers a generous flex space, perfect for a theater, private gym, home office, or game room, along with a workshop. The deep two-car garage provides extra storage space and easy access with a flat driveway. From the numerous upgrades and move-in ready condition, to peaceful water views and direct access to Lake Lanier, this home is a dream come true. This delightful residence is conveniently situated close to a marina, parks, shopping centers, dining venues, and medical facilities.

Last Agent to Sell the Property

Sean Suddes

Keller Williams Realty Peachtree Rd. License #342122 Listed on: 04/10/2024

Keller Williams Realty Peachtree Rd.

Last Buyer's Agent

Anne Sepko

Keller Williams Realty Atlanta Partners License #314140

Keller Williams Realty Atlanta Partners

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,408

Year Built

  • Built in 2001

Lot Details

  • 6,970 Sq Ft Lot
  • Waterfront
  • Property fronts a state road
  • Two or More Common Walls
  • Private Entrance
  • Landscaped

HOA Fees

  • $310 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Brick Front
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,356 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Home Theater
  • Loft
  • Screened Porch
  • Lake Views
  • Laundry in Kitchen
  • Finished Basement

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Separate Shower in Primary Bathroom

Home Security

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 198   526

Community Details

Overview

  • $1,000 Initiation Fee
  • 57 Units
  • Townhouses At Lanier HOA, Phone Number (770) 367-3110
  • Townhouses At Lanier Subdivision
  • FHA/VA Approved Complex
  • Rental Restrictions

Recreation

  • Trails

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,408

Year Built

Built in 2001

Lot Details

0

HOA Fees

$310 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: 2-1 216-217 UN103PH1BL100 TWNSHS@LANIER
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse, Traditional
  • Property Condition: Resale
  • Year Built: 2001
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Fireplace Features: Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), Entrance Foyer, Walk-In Closet(s)
  • Basement: Finished
  • Kitchen Features: Breakfast Bar, Eat-in Kitchen, Solid Surface Counters, View to Family Room
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Basement, Loft, Media Room
  • Square Footage: 2356.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Bathrooms: 5
  • Total Full Baths: 3
  • Total Half Baths: 2
  • Main Full Bathrooms: 1
  • Lower Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate His/Hers, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Shingle
  • Patio And Porch Features: Front Porch, Rear Porch, Screened
  • Exterior Features: Private Entry
  • View: Lake, Water
  • Pool Private: No
  • Foundation: Concrete Perimeter

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm
  • Cooling: Central Air
  • Heating: Central, Forced Air
  • Laundry Features: In Kitchen
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Termite, Trash
  • HOA Rent Restrictions: Yes
  • Community Features: Near Trails/Greenway
  • Association Fee: 310
  • Association Fee Frequency: Monthly
  • F H A Condo Approval: Yes
  • Association: Yes
  • Hoa Contact Phone: 770-367-3110
  • Subdivision Complex: Townhouses at Lanier

Association/Amenities

  • Number Of Units In Community: 57
  • Management Company: Townhouses at Lanier HOA

Schools

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

Lot Info

  • Acres: 0.1600
  • Land/Lot: 216
  • Section G M D: 1
  • Plat Book: 1
  • Plat Page: 72
  • Lot Features: Landscaped, Level
  • Lot Dimensions: x
  • Parcel Number: 198   526
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 1000

Tax Info

  • Taxes: 3408.00
  • Assessor Parcel Number: 198-000-526
  • Close Date: 2024-05-08
  • Tax Year: 2023

Multi Family

  • Waterfront Features: Waterfront

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Nov 29, 2022
Sold by
Meade Barbara David
Bought by
Quinnelly Julia Meade
Seller's Agent
Danielle Stewart
First United Realty of Ga, Inc.
Buyer's Agent
Danielle Stewart
First United Realty of Ga, Inc.
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
Views
66
Current Estimated Value
$524,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,792
Avg. Annual Appreciation
8.11%
Original Mortgage
$351,858
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Closed on
Feb 21, 2012
Sold by
Meade Raoul Odonnell
Bought by
Meade Barbara A
Source: Public Records

Range of Values:

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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
Quinnelly Julia Meade $430,000 --
Meade Barbara A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hocutt Stacey $367,500
Closed Cantwell Charles $357,780
Closed Quinnelly Julia Meade $351,858
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2024 05/08/24 Sold $525,000 0.0% $223 / Sq Ft
04/10/2024 04/10/24 For Sale $525,000 +22.1% $223 / Sq Ft
11/29/2022 11/29/22 Sold $430,000 -2.3% $174 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
09/07/2022 09/07/22 Price Changed $440,000 -2.2% $178 / Sq Ft
08/08/2022 08/08/22 For Sale $450,000 -- $183 / 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 $4,174 $195,800 $58,000 $137,800
2023 $3,408 $172,580 $44,000 $128,580
2022 $728 $118,200 $28,000 $90,200
2021 $724 $118,200 $28,000 $90,200
2020 $722 $115,720 $28,000 $87,720
2019 $720 $108,640 $22,000 $86,640
2018 $714 $99,040 $22,000 $77,040
2017 $722 $97,600 $22,000 $75,600
2016 $715 $95,600 $20,000 $75,600
2015 $708 $94,680 $20,000 $74,680
2014 $621 $88,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sean Suddes

    Seller's Agent in 2024

    Sean Suddes

    Keller Williams Realty Peachtree Rd.

    (404) 419-3500

    1 in this area

    43 Total Sales

    Sean Suddes
    Section Image
  • Anne Sepko

    Buyer's Agent in 2024

    Anne Sepko

    Keller Williams Realty Atlanta Partners

    (678) 318-5000

    1 in this area

    80 Total Sales

    Anne Sepko
    Section Image
  • Danielle Stewart

    Seller's Agent in 2022

    Danielle Stewart

    First United Realty of Ga, Inc.

    (404) 808-5462

    1 in this area

    2 Total Sales

    Danielle Stewart
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7366399

First Multiple Listing Service (FMLS)

APN: 198-526

Georgia Forsyth County Cumming 30041

1950 Buford Dam Rd Unit 103, Cumming, GA

This home is located at 1950 Buford Dam Rd Unit 103, Cumming, GA 30041 since 10 April 2024 and is currently estimated at $524,792, approximately $222 per square foot. This property was built in 2001. 1950 Buford Dam Rd Unit 103 is a home located in Forsyth County with nearby schools including Mashburn Elementary School, Lakeside Middle School, and Forsyth Central High School.

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