NOT LISTED FOR SALE

1990 Lexington Ln Cumming, GA 30040

Estimated Value: $365,000 - $381,601

3 Beds
2.5 Baths
1,360 Sq Ft
$275/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $235,100 $173 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,318/month

Highlights

  • Great Room with Fireplace
  • Wood Flooring
  • 2 Car Garage
  • George W. Whitlow Elementary School Rated A
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of November 2020

Awesome move in ready home close to everything including GA 400, The Collection, Halcyon, Marketplace, schools, parks, everything you could want. All 3 bedrooms up and good sized. 2 car garage with driveway parking for 2 more cars. Fenced back yard. Security system. New carpet and freshly painted. So much to offer! Homes in this neighborhood go very quickly so hurry!

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 10/16/2020

Mark Spain Real Estate

Co-Listed By

James Vollandt

Mark Spain Real Estate License #357358

Last Buyer's Agent

Indira Dhandapani

IGI Realty, LLC License #396998

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,497

Year Built

  • Built in 1999

Lot Details

  • Back Yard Fenced
  • Level Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Interior Spaces

  • 1,360 Sq Ft Home
  • 2-Story Property
  • Factory Built Fireplace
  • Great Room with Fireplace
  • Family Room
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Hall
  • Laundry on upper level

Schools

  • George W. Whitlow Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Douglas Property Mgmt Association, Phone Number (770) 926-3086
  • Secondary HOA Phone (770) 926-3086
  • Lexington Village Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 1
  • Assessor Parcel Number 131 086

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,497

Year Built

Built in 1999

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Property Condition: Resale
  • Year Built: 1999
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Great Room
  • Appliances: Dishwasher, Refrigerator, Gas Range, Gas Water Heater
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Square Footage: 1360.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1

Exterior Features

  • Fencing: Back Yard, Fenced, Wood

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Driveway, Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-926-3086
  • Management Company Email: jstanhope@dpm-re.com
  • Management Phone: 770-926-3086
  • Subdivision Complex: Lexington Village

Association/Amenities

  • Management Company: Douglas Property Mgmt

Schools

  • Elementary School: George W. Whitlow
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Lot: 5
  • Land/Lot: 376
  • Section G M D: 1
  • Deed Book: 5119
  • Deed Page: 328
  • Lot Features: Level
  • Parcel Number: 131 086
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Assessor Parcel Number: 131-000-086
  • Close Date: 2020-11-13
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: George W. Whitlow
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Nov 13, 2020
Sold by
Barke Duane V
Bought by
Gill Sandeep and Phoolka Dimple
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Indira Dhandapani
IGI Realty, LLC
List Price
$232,500
Sold Price
$235,100
Premium/Discount to List
$2,600
1.12%
Current Estimated Value
$374,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,300
Avg. Annual Appreciation
9.96%
Original Mortgage
$176,325
Outstanding Balance
$155,913
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$218,487

Purchase Details

Listed on
Jan 12, 2013
Closed on
Nov 1, 2013
Sold by
Sloth Barbara H
Bought by
Barke Duane V
Seller's Agent
TERESA JOHNSON
Virtual Properties Realty.com
Buyer's Agent
Wade Hudson
Advance Equity Group, Inc.
List Price
$1,290,000
Sold Price
$120,500
Premium/Discount to List
-$1,169,500
-90.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
Original Mortgage
$102,425
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2000
Sold by
Colony Homes Llc
Bought by
Sloth Barbara H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
8.3%
Mortgage Type
FHA
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
Gill Sandeep $235,100 --
Barke Duane V $120,500 --
Sloth Barbara H $119,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gill Sandeep $176,325
Previous Owner Barke Duane V $102,425
Previous Owner Sloth Barbara H $118,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2020 11/13/20 Sold $235,100 +1.1% $173 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $232,500 +92.9% $171 / Sq Ft
11/01/2013 11/01/13 Sold $120,500 -90.7% $89 / Sq Ft View Prior Sale
10/02/2013 10/02/13 Pending -- -- --
01/12/2013 01/12/13 For Sale $1,290,000 -- $949 / 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 $3,497 $145,588 $66,000 $79,588
2024 $3,497 $142,600 $66,000 $76,600
2023 $3,097 $125,812 $62,000 $63,812
2022 $2,941 $85,348 $32,000 $53,348
2021 $2,357 $85,348 $32,000 $53,348
2020 $2,292 $83,000 $32,000 $51,000
2019 $2,134 $77,172 $32,000 $45,172
2018 $2,037 $73,664 $32,000 $41,664
2017 $1,887 $67,980 $32,000 $35,980
2016 $1,665 $59,980 $24,000 $35,980
2015 $1,501 $53,980 $18,000 $35,980
2014 $1,275 $48,176 $17,576 $30,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6797139

First Multiple Listing Service (FMLS)

APN: 131-086