NOT LISTED FOR SALE

1960 Bernice Dr Cumming, GA 30041

Estimated Value: $594,000 - $738,000

1 Bed
1 Bath
744 Sq Ft
$882/Sq Ft Est. Value

Last Sold January 09, 2014

Last sale price $275,000 $370 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $3,885/month

270 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Boathouse includes one slip
  • Great Room
  • Otwell Middle School Rated A
  • Dock Rights
  • Combination Dining and Living Room

About This Home

As of January 2014

BIG PRICE REDUCTION! The perfect "weekend" cottage on Lake Lanier. Cute, cozy and ready for summer fun. The lake is full - but no low water worries with this home as you will always have deep year round water. Easy walk to your single slip boat house. Enjoy spring and summer nights on your screened in porch. Once inside you have an updated kitchen, warm and inviting great room with exposed wood ceilings. If you are looking for an easy to keep up weekend cottage on Lake Lanier - You must check this house out.

Last Agent to Sell the Property

Tom Peters

Coldwell Banker Realty License #270702 Listed on: 04/13/2013

Coldwell Banker Realty

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,303

Year Built

  • 1967

Lot Details

  • 0.27

Interior Spaces

  • Great Room
  • Combination Dining and Living Room
  • Crawl Space

Outdoor Features

  • Boathouse includes one slip
  • Dock Rights

Schools

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

Additional Features

  • 100 Feet of Waterfront
  • Septic Tank

Property Details

Home Type

Other

Est. Annual Taxes

$5,303

Year Built

1967

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1967

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Masonry
  • Basement: Crawlspace
  • Kitchen Equipment: Range/Oven, Refrigerator
  • Feature Name: Lanier
  • Interior Amenities: Cable TV Connections, Exposed Beams
  • Kitchen / Breakfast: Breakfast Area, Country Kitchen, Pantry

Exterior Features

  • Boathouse/Dock: Boathouse - 1 Slip, Dock Rights
  • Construction: Brick/Frame
  • Exterior Features: Garden Area, Screen Porch
  • Waterfront Type: Corps of Engineers Controlled, Deep Water Access, Water View, Waterfront
  • Waterfront Frontage: 100

Garage/Parking

  • Parking: Parking Pad

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Electric
  • Heating: Ceiling Electric, Central, Forced Air
  • Water/Sewer: Public Water, Septic Tank

Schools

  • Elementary School: Cumming / Forsyth / Forsyth County, GA
  • High School: Forsyth Central / Forsyth / Forsyth County, GA
  • Middle School: Otwell / Forsyth / Forsyth County, GA

Lot Info

  • Lot Description: Level Lot, Private Backyard
  • Lot Size: Less than 1/3 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2013
Closed on
Jan 9, 2014
Sold by
Kott Ron
Bought by
Kott Ronald T and Kott Anne C
Seller's Agent
Tom Peters
Coldwell Banker Realty
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$349,900
Sold Price
$275,000
Premium/Discount to List
-$74,900
-21.41%
Current Estimated Value
$656,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,345
Avg. Annual Appreciation
7.65%
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
Kott Ronald T -- --
Kott Ron $275,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/09/2014 01/09/14 Sold $275,000 0.0% $370 / Sq Ft View Prior Sale
01/09/2014 01/09/14 Sold $275,000 0.0% $370 / Sq Ft
12/10/2013 12/10/13 Pending -- -- --
12/02/2013 12/02/13 Off Market $275,000 -- --
09/12/2013 09/12/13 Price Changed $318,000 -0.3% $427 / Sq Ft
08/09/2013 08/09/13 For Sale $319,000 0.0% $429 / Sq Ft
07/08/2013 07/08/13 Price Changed $319,000 -5.9% $429 / Sq Ft
05/24/2013 05/24/13 Price Changed $339,000 -3.1% $456 / Sq Ft
04/13/2013 04/13/13 For Sale $349,900 -- $470 / Sq Ft
Source: Georgia MLS

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 $5,303 $217,604 $160,000 $57,604
2024 $5,303 $216,264 $160,000 $56,264
2023 $4,170 $169,420 $120,000 $49,420
2022 $4,313 $135,888 $100,000 $35,888
2021 $3,752 $135,888 $100,000 $35,888
2020 $3,716 $134,572 $100,000 $34,572
2019 $3,723 $134,616 $100,000 $34,616
2018 $6,436 $128,384 $100,000 $28,384
2017 $3,043 $109,640 $88,000 $21,640
2016 $3,043 $109,640 $88,000 $21,640
2015 $3,048 $109,640 $88,000 $21,640
2014 $2,288 $86,436 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07081157

Georgia MLS

APN: 196-047