$1,035,000
SOLD OCT 1, 2018

1984 Millers Path Cumming, GA 30041

4 Beds
4.5 Baths
5,409 Sq Ft
0.78 Acres

Recently Sold

$191 Per Sq Ft

14% Below List Price

82 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Covered dock with two slips
  • Sauna
  • Mashburn Elementary School Rated A
  • Spa
  • Lake View

About This Home

As of October 2018

On Lake Lanier, this property is breathtaking! 1.5-story and basement home, a lakefront backyard, and boat dock. In Forsyth County's highly-coveted school district and located right off GA Hwy. 400, just an hour drive to Atlanta. 4BR/4.5BA w/ the master bedroom on main w/ walk-in closets & master bath w/ double vanity cabinet, separate bath area. Kitchen w/ refrigerator, microwave, and oven built in w/ separate fine dining room. Living room w/ wood fireplace. Study room with built-in bookshelves on two walls. Mudroom for laundry appliances and exercise room in basement.

Last Agent to Sell the Property

Sarah Stovall

Century 21 Results Listed on: 05/31/2018

Century 21 Results

Last Buyer's Agent

Michele Kaplan

Keller Williams Realty Atlanta Partners License #371714

Keller Williams Realty Atlanta Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,052

Year Built

  • Built in 1994

Lot Details

  • 0.78 Acre Lot
  • 75 Feet of Waterfront
  • Lake Front
  • Property has an invisible fence for dogs
  • Sloped Lot
  • Irrigation Equipment
  • Wooded Lot

HOA Fees

  • $10 per month

Parking

  • 3 Car Garage
  • Parking Pad
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 5,409 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Central Vacuum
  • Bookcases
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Screened Porch
  • Sauna
  • Home Gym
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Home Security

  • Security System Owned
  • Intercom
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Doors

Outdoor Features

  • Spa
  • Party Deck
  • Covered dock with two slips
  • Deck

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating Available
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Millers Cove Nantucket Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 198 025

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,052

Year Built

Built in 1994

Lot Details

0

HOA Fees

$10 per month

Parking

3

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: 1994
  • Levels Stories: One and One Half
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log
  • Number Of Fireplaces: 1
  • Other Equipment: Intercom, Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Bookcases, Central Vacuum, Disappearing Attic Stairs, Double Vanity, Entrance Foyer 2 Story, High Ceilings 9 ft Main, Low-Flow Fixtures, Sauna, Walk-In Closet(s), Wet Bar
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Pantry Walk-In, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Exercise Room, Family Room, Office
  • Dining Room Features: Separate Dining Room
  • Square Footage: 5409.00
  • Spa Features: Private

Beds/Baths

  • Total Bedrooms: 4
  • Main Bedrooms: 1
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Waterfront Frontage: 75
  • Construction Materials: Brick 3 Sides
  • Roof Type: Composition, Ridge Vents
  • Lake Name: Lanier
  • Fencing: Invisible
  • Patio And Porch Features: Deck, Screened
  • View: Lake

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Garage Door Opener, Kitchen Level, Parking Pad

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm, Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Electric
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee Frequency: Annually
  • Master Association Fee: 125
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Millers Cove Nantucket

Schools

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

Lot Info

  • Acres: 0.7800
  • Lot Features: Sloped, Wooded
  • Lot Dimensions: 3/4 Up To 1 Acre
  • Parcel Number: 198 025
  • Property Attached Yn: No

Green Features

  • Efficiency: Doors, HVAC

Tax Info

  • Taxes: 9052.00
  • Assessor Parcel Number: 198-000-025
  • Close Date: 2018-10-01
  • Tax Year: 2017

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2019
Sold by
Spagnoletto Shellee B
Bought by
Spagnoletto Vincent J and Spagnoletto Shelle B
Total Days on Market
82
Current Estimated Value
$1,546,038

Purchase Details

Listed on
May 31, 2018
Closed on
Oct 9, 2018
Sold by
Brett T Peele
Bought by
Spangnoletto Shellee and Spangnoletto Vincent
Seller's Agent
Sarah Stovall
Century 21 Results
Buyer's Agent
Michele Kaplan
Keller Williams Realty Atlanta Partners
List Price
$1,200,000
Sold Price
$1,035,000
Premium/Discount to List
-$165,000
-13.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$615,000
Interest Rate
4.71%

Purchase Details

Listed on
Apr 25, 2014
Closed on
May 23, 2014
Sold by
Brazell P Carey Revocable
Bought by
Peele Brett T and Peele Chantal
Seller's Agent
VICTOR Q SHIRLEY
NOT A VALID MEMBER
Buyer's Agent
Sarah Stovall
Century 21 Results
List Price
$995,000
Sold Price
$875,000
Premium/Discount to List
-$120,000
-12.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%

Purchase Details

Closed on
Oct 1, 2010
Sold by
Peele Brett T
Bought by
Spagnoletto Shellee B and Spagnoletto Vincent J

Purchase Details

Closed on
Dec 4, 2007
Sold by
Brazell Carey
Bought by
Brazell P Carey Trust

Purchase Details

Closed on
Feb 11, 1997
Sold by
Malmin David Lee Lisa Ann
Bought by
Brazell Carey Patricia

Purchase Details

Closed on
Dec 16, 1994
Sold by
Lakeview Props Inc
Bought by
Malmin Daivd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
9.17%
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed -- --
Deed -- --
Warranty Deed $875,000 --
Warranty Deed $1,035,000 --
Quit Claim Deed -- --
Deed $570,000 --
Deed $452,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Credit Line Revolving
Open $548,250 New Conventional
Closed $607,000 New Conventional
Closed $611,000 New Conventional
Previous Owner $615,000 No Value Available
Previous Owner -- No Value Available
Previous Owner $615,000 New Conventional
Previous Owner $634,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $430,000 New Conventional
Previous Owner $417,000 Stand Alone Second
Previous Owner $439,243 Stand Alone Refi Refinance Of Original Loan
Previous Owner $350,000 No Value Available
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold $1,035,000 -5.9% $191 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
08/09/2018 08/09/18 Price Changed $1,100,000 -8.3% $203 / Sq Ft
05/31/2018 05/31/18 For Sale $1,200,000 +37.1% $222 / Sq Ft
05/23/2014 05/23/14 Sold $875,000 -12.1% $162 / Sq Ft
05/12/2014 05/12/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $995,000 -- $184 / 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 $13,229 $612,208 $220,000 $392,208
2023 $12,253 $571,972 $176,000 $395,972
2022 $12,200 $422,456 $154,000 $268,456
2021 $11,279 $422,456 $154,000 $268,456
2020 $11,077 $412,656 $154,000 $258,656
2019 $10,992 $407,756 $154,000 $253,756
2018 $10,084 $379,900 $154,000 $225,900
2017 $9,052 $329,320 $110,000 $219,320
2016 $9,052 $329,320 $110,000 $219,320
2015 $9,069 $329,320 $110,000 $219,320
2014 $1,577 $272,296 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6019757

First Multiple Listing Service (FMLS)

APN: 198-025