NOT LISTED FOR SALE

2040 Glen Gate Ct Cumming, GA 30041

Estimated Value: $620,127 - $648,000

4 Beds
2.5 Baths
3,569 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $461,000 $129 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,834/month

Highlights

  • Clubhouse
  • Deck
  • Wood Flooring
  • Mashburn Elementary School Rated A
  • Traditional Architecture
  • Whirlpool Bathtub

About This Home

As of August 2021

Nestled on a quiet cul-de-sac street, this beautifully maintained 4 bed, 2.5 bath home is perfect for any family. Upon entering you are welcomed by a 2-story foyer leading to an open concept eat-in kitchen with plenty of cabinet space & a walk-in pantry. The adjoining family room features hardwood floors & a fireplace flanked by built-in bookcases. Formal dining w/ tray ceilings and a flex space on the main makes a great spot for a home office, a play area, a quiet seating area, or for whatever your heart desires! Head upstairs to find the roomy primary suite boasting tray ceilings and a large master bath featuring a vaulted ceiling, jacuzzi tub, and his & hers vanities & walk-in closets. Also upstairs are 2 spacious secondary bedrooms + 1 very oversized 4th bedroom/bonus room w/ a vaulted ceiling. These bedrooms have a shared full bath with a double vanity! Venture down to the walk-out daylight terrace level and you'll find additional finished living space! You will love the well manicured .58 acre lot with several fruit trees, such as figs and pears and plenty of seasonal flowers! Zoned in one of Forsyth Co.'s top-rated school districts, the Gates is an established, friendly, and active swim/tennis neighborhood. Located only minutes to Lake Lanier and walking distance to Haw Creek Park for biking, hiking, and picnicking! The convenience of being just 1 mile to Market Place Blvd makes shopping and dining very convenient and with Hwy 400 only 1.5 miles away, it's a breeze to head either south to the city or north to the mountains! This house is truly is a great place to call home!

Last Agent to Sell the Property

Shelley Carafano

NOT A VALID MEMBER License #379242 Listed on: 07/08/2021

Last Buyer's Agent

Tatyana Crumley

Realco Brokers, Inc. License #316058

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $642

Year Built

  • Built in 1993

Lot Details

  • 0.58 Acre Lot
  • Property fronts a county road
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Back and Front Yard

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Brick Front

Interior Spaces

  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Whole House Fan
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Plantation Shutters
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Basement

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

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 16 / B
  • Assessor Parcel Number 200 133

Community Details

Overview

  • Fieldstone Realty Partners Association
  • Secondary HOA Phone (404) 920-8621
  • The Gates Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Swim or tennis dues are required
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$642

Year Built

Built in 1993

Lot Details

0

HOA Fees

$50 per month

Parking

2

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: 1993
  • Levels Stories: Two
  • Cert Prof Home Bldrs Legacy: John Weiland Homes
  • Above Grade Finished Sq Ft: 2857.00
  • Below Grade Sq Ft: 570.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Fireplace Features: Factory Built, Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Bookcases, Disappearing Attic Stairs, Double Vanity, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Low-Flow Fixtures, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Family Room, Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3569.00
  • Spa Features: None
  • Window Features: Insulated Windows, Plantation Shutters
  • Below Grade Finished Sq Ft: 712.00

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Split Bedroom Plan
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Construction Materials: Brick Front, Fiber Cement
  • Roof Type: Composition, Shingle
  • Patio And Porch Features: Deck
  • Exterior Features: Rain Gutters
  • Foundation: Block

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Whole House Fan
  • Heating: Central, Natural Gas
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Reserve Fund, Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Homeowners Assoc, Near Schools, Near Shopping, Near Trails/Greenway, Pickleball, Playground, Pool, Street Lights, Tennis Court(s)
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Management Company Email: johnalbano@FieldstoneRP.com
  • Management Phone: 404-920-8621
  • Subdivision Complex: The Gates

Association/Amenities

  • Management Company: Fieldstone Realty Partners

Schools

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

Lot Info

  • Acres: 0.5800
  • Lot: 16
  • Land/Lot: 357
  • Section G M D: 1
  • Deed Book: 752
  • Deed Page: 740
  • Plat Book: 36
  • Plat Page: 223-4
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Level, Sloped
  • Lot Dimensions: x
  • Parcel Number: 200 133
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 642.00
  • Assessor Parcel Number: 200-000-133
  • Close Date: 2021-08-12
  • Tax Year: 2021

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Mashburn
  • High School: Forsyth Central
  • Middle School: Lakeside - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Aug 12, 2021
Sold by
Kavaleuski Eugene
Bought by
Kavaleuski Eugene and Kavaleuski Alena
Seller's Agent
Shelley Carafano
NOT A VALID MEMBER
Buyer's Agent
Tatyana Crumley
Realco Brokers, Inc.
List Price
$425,000
Sold Price
$461,000
Premium/Discount to List
$36,000
8.47%
Current Estimated Value
$635,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,782
Avg. Annual Appreciation
8.09%
Original Mortgage
$414,900
Outstanding Balance
$377,528
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$258,254

Purchase Details

Closed on
Jun 17, 2015
Sold by
Dela Cruz Silverio Donato
Bought by
Dela Cruz Norma F

Purchase Details

Closed on
Apr 25, 1994
Sold by
John Wieland Homes
Bought by
Dela Cruz Silverio Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
7.61%
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
Kavaleuski Eugene $461,000 --
Kavaleuski Eugene $461,000 --
Dela Cruz Norma F -- --
Dela Cruz Silverio Norma $199,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kavaleuski Eugene $414,900
Closed Kavaleuski Eugene $414,900
Previous Owner Dela Cruz Silverio Norma $159,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2021 08/12/21 Sold $461,000 +8.5% $129 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $425,000 -- $119 / 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 $4,956 $236,768 $72,000 $164,768
2024 $4,956 $232,636 $60,000 $172,636
2023 $4,463 $224,368 $50,000 $174,368
2022 $4,414 $142,196 $34,000 $108,196
2021 $636 $142,196 $34,000 $108,196
2020 $632 $137,544 $34,000 $103,544
2019 $627 $126,812 $24,000 $102,812
2018 $639 $121,964 $24,000 $97,964
2017 $644 $116,412 $24,000 $92,412
2016 $638 $112,412 $20,000 $92,412
2015 $635 $110,412 $0 $0
2014 -- $102,564 $18,000 $84,564
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6903846

First Multiple Listing Service (FMLS)

APN: 200-133