NOT LISTED FOR SALE

2005 Buford Dam Rd Cumming, GA 30041

Estimated Value: $582,000 - $647,714

2 Beds
1 Bath
792 Sq Ft
$783/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $400,000 $505 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,771/month

Highlights

  • 181 Feet of Waterfront
  • Covered dock with one slips
  • Lake View
  • Mashburn Elementary School Rated A
  • Lake On Lot
  • 1.32 Acre Lot

About This Home

As of June 2020

SOUTH LAKE LANIER 'DIAMOND' IN THE ROUGH. PARK LIKE SETTING WITH MATURE FLOWERING FOLIAGE AND GENTLY SLOPING LOT TO COVE AND COVERED DOCK. THIS PRIVATE WOODED SETTING OFFERS NOT ONLY EASY ACCESS TO ALL LANIER ISLAND AMENITIES BY BOAT, BUT ALSO EXTREMELY EASY ACCESS TO SHOPPING AT NEARBY MARKETPLACE, GA 400, AND NORTH FORSYTH HOSPITAL. SEE VIRTUAL TOUR FOR 360 DEGREE VIEWS OF PROPERTY!

Last Agent to Sell the Property

Joe Lassiter

Virtual Properties Realty.Net, LLC. License #268364 Listed on: 04/30/2020

Virtual Properties Realty.Net, LLC.

Last Buyer's Agent

Timothy Frier

JP& Associates REALTORS Metro Atlanta License #358963

JP& Associates REALTORS Metro Atlanta

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,599

Year Built

  • Built in 1970

Lot Details

  • 1.32 Acre Lot
  • Lot Dimensions are 181x360x174x225
  • 181 Feet of Waterfront
  • Lake Front
  • Property fronts a state road
  • Private Lot
  • Sloped Lot

Home Design

  • Cabin
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 792 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Vinyl Flooring
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

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

Accessible Home Design

  • Accessible Washer and Dryer

Outdoor Features

  • Covered dock with one slips
  • Lake On Lot
  • Covered Patio or Porch

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Septic Tank
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 224 380

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,599

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Property Condition: Resale
  • Year Built: 1970
  • Accessibility Features: Accessible Washer/Dryer
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Vinyl
  • Appliances: Dryer, Electric Oven, Electric Range, Refrigerator, Washer
  • Kitchen Features: Cabinets Stain, Laminate Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room, Other
  • Square Footage: 792.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Main Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Waterfront Frontage: 181
  • Construction Materials: Frame
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Covered, Front Porch
  • View: Lake

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Electric
  • Laundry Features: Laundry Room, Main Level, Mud Room
  • Utilities: Electricity Available, Phone Available, Water Available
  • Electric: Other

Condo/Co-op/Association

  • Hoa Contact Phone: 000-000-0000

Schools

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

Lot Info

  • Acres: 1.3200
  • Land/Lot: 42
  • Deed Book: 5276
  • Deed Page: 92
  • Plat Book: 4
  • Plat Page: 159
  • Lot Features: Lake On Lot, Private, Sloped
  • Lot Dimensions: 181x360x174x225
  • Parcel Number: 224 380
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2599.00
  • Assessor Parcel Number: 224-000-380
  • Close Date: 2020-06-26
  • Tax Year: 2019

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

Listed on
Apr 30, 2020
Closed on
Jun 29, 2020
Sold by
Colley Colleene
Bought by
Phan May Le
Seller's Agent
Joe Lassiter
Virtual Properties Realty.Net, LLC.
Buyer's Agent
Timothy Frier
JP& Associates REALTORS Metro Atlanta
List Price
$478,900
Sold Price
$400,000
Premium/Discount to List
-$78,900
-16.48%
Current Estimated Value
$619,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,929
Avg. Annual Appreciation
8.67%
Original Mortgage
$340,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2020
Sold by
Wmw Holdings Llc
Bought by
Colley Colleene

Purchase Details

Closed on
Sep 25, 2008
Sold by
Williams William M
Bought by
Wmw Holdings Llc
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
Phan May Le $400,000 --
Colley Colleene -- --
Wmw Holdings Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $400,000 -16.5% $505 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $478,900 -- $605 / 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 $5,802 $238,600 $160,000 $78,600
2024 $5,802 $236,616 $160,000 $76,616
2023 $4,851 $197,096 $128,000 $69,096
2022 $4,929 $140,952 $112,000 $28,952
2021 $3,892 $140,952 $112,000 $28,952
2020 $3,292 $119,228 $98,000 $21,228
2019 $2,599 $93,992 $72,800 $21,192
2018 $2,269 $82,040 $72,800 $9,240
2017 $2,257 $81,328 $72,800 $8,528
2016 $1,778 $64,056 $56,000 $8,056
2015 $1,781 $64,056 $56,000 $8,056
2014 $1,591 $70,696 $56,000 $14,696
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joe Lassiter

    Virtual Properties Realty

    (678) 234-4887

    1 in this area

    11 Total Sales

    Joe Lassiter
    Section Image
  • Timothy Frier

    Buyer's Agent in 2020

    Timothy Frier

    JP& Associates REALTORS Metro Atlanta

    (404) 310-4731

    Timothy Frier
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6709125

First Multiple Listing Service (FMLS)

APN: 224-380

Georgia Forsyth County Cumming 30041

2005 Buford Dam Rd, Cumming, GA

This home is located at 2005 Buford Dam Rd, Cumming, GA 30041 since 30 April 2020 and is currently estimated at $619,929, approximately $782 per square foot. This property was built in 1970. 2005 Buford Dam Rd 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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