NOT LISTED FOR SALE

2040 Lakewood Rd Cumming, GA 30041

Estimated Value: $590,000 - $759,000

3 Beds
2.5 Baths
1,806 Sq Ft
$374/Sq Ft Est. Value

Last Sold May 25, 2017

Last sale price $367,500 $203 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,050/month

48 Days on Market

Highlights

  • Lake Front
  • Newly Remodeled
  • RV Access or Parking
  • Mashburn Elementary School Rated A
  • Fishing
  • Craftsman Architecture

About This Home

As of May 2017

GREAT VIEWS OF LAKE LANIER WITH REAR DRIVE FOR BOAT STORAGE AND AN EASEMENT TO WALK TO AND FISH ON THE LAKE, NEW CONSTRUCTION HAS UPGRADES THROUGHOUT THE HOUSE, A DESIGNER KITCHEN WITH CHERRY CABINETS, GRANITE AND STAINLESS STEEL APPLIANCES, MASTER SUITE ON MAIN, THE GREAT ROOM HAS DAYLIGHT ON THREE SIDES, THE 2ND FL FEATURES LOFT OVERLOOKING THE GREAT ROOM, A HUGE UNFINISHED BONUS ROOM, SUBSTANTIAL STORAGE AREAS AND 3RD BDRM, NO HOA FEE.

Last Agent to Sell the Property

Victor Schuman

NOT A VALID MEMBER License #107531 Listed on: 01/24/2017

Last Buyer's Agent

CELIA REIS

EXP Realty, LLC. License #291725

EXP Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,558

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 0.36 Acre Lot
  • Lake Front

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • RV Access or Parking

Home Design

  • Craftsman Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Shingle Siding

Interior Spaces

  • 1,806 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Loft
  • Bonus Room
  • Wood Flooring
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Basement

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

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Septic Tank

Additional Features

  • Energy-Efficient HVAC
  • Deck

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 39
  • Assessor Parcel Number 197 087

Community Details

Overview

  • Lanier Woods Subdivision
  • Community Lake

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,558

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Condition: New Construction
  • Year Built: 2016
  • Levels Stories: One and One Half
  • Special Features: NewHome
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Appliances: Dishwasher, Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), Disappearing Attic Stairs, Entrance Foyer, High Ceilings 9 ft Main, High Ceilings 9 ft Upper
  • Basement: Bath/Stubbed, Daylight, Full, Interior Entry
  • Kitchen Features: Breakfast Room, Cabinets Stain, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Great Room - 1 Story, Loft
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1806.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Shingle Siding
  • Roof Type: Composition, Ridge Vents
  • Patio And Porch Features: Deck
  • View: Lake

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage, Garage Faces Side, Kitchen Level, RV Access/Parking

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Community Features: Fishing, Lake
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Home Warranty: Yes
  • Subdivision Complex: LANIER WOODS

Schools

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

Lot Info

  • Acres: 0.3600
  • Lot: 39
  • Land/Lot: 2
  • Section G M D: 1
  • Deed Book: 911
  • Deed Page: 673
  • Plat Book: 2
  • Plat Page: 62
  • Lot Dimensions: .36
  • Parcel Number: 197 087
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC

Tax Info

  • Assessor Parcel Number: 197-000-087
  • Close Date: 2017-05-25
  • Tax Year: 2016

Multi Family

  • Waterfront Features: Lake

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

Closed on
Dec 27, 2022
Sold by
Fancher Lori Powers
Bought by
James Thomas Fancher And Lori Powers Fancher
Current Estimated Value
$674,927

Purchase Details

Listed on
Jan 24, 2017
Closed on
May 25, 2017
Sold by
Fancher Lori Powers
Bought by
Fancher Lori Powers and Fancher James T
Seller's Agent
Victor Schuman
NOT A VALID MEMBER
Buyer's Agent
CELIA REIS
EXP Realty, LLC.
List Price
$364,900
Sold Price
$367,500
Premium/Discount to List
$2,600
0.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$288,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2015
Sold by
Bulwark Properties Llc
Bought by
Ksn Enterprises Llc

Purchase Details

Closed on
Oct 18, 1995
Sold by
Gordon Lawrence Estelle
Bought by
Zeman Mark
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
James Thomas Fancher And Lori Powers Fancher -- --
Fancher Lori Powers $367,500 --
Fancher Lori Pwers $367,500 --
Ksn Enterprises Llc $26,500 --
Zeman Mark $17,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fancher Lori Powers $283,500
Previous Owner Fancher Lori Pwers $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2017 05/25/17 Sold $367,500 +0.7% $203 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $364,900 -- $202 / 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 $4,558 $218,668 $40,000 $178,668
2023 $4,716 $191,616 $32,000 $159,616
2022 $4,186 $133,616 $20,000 $113,616
2021 $3,690 $133,616 $20,000 $113,616
2020 $3,808 $137,896 $20,000 $117,896
2019 $4,017 $145,256 $18,000 $127,256
2018 $3,654 $132,136 $18,000 $114,136
2017 $294 $10,600 $10,600 $0
2016 $294 $10,600 $10,600 $0
2015 $334 $12,000 $12,000 $0
2014 $265 $10,000 $10,000 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2017

    Victor Schuman

    NOT A VALID MEMBER

    Section Image

  • C

    Buyer's Agent in 2017

    CELIA REIS

    EXP Realty, LLC.

    (678) 575-6466

    2 Total Sales

    CELIA REIS
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5796987

First Multiple Listing Service (FMLS)

APN: 197-087

Georgia Forsyth County Cumming 30041

2040 Lakewood Rd, Cumming, GA

This home is located at 2040 Lakewood Rd, Cumming, GA 30041 since 24 January 2017 and is currently estimated at $674,927, approximately $373 per square foot. This property was built in 2016. 2040 Lakewood 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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