NOT LISTED FOR SALE

2050 Lakewood Rd Cumming, GA 30041

Estimated Value: $696,000 - $730,567

3 Beds
3.5 Baths
3,489 Sq Ft
$203/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $426,000 $122 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,372/month

107 Days on Market

Highlights

  • Open-Concept Dining Room
  • Fishing
  • Lake View
  • Mashburn Elementary School Rated A
  • RV Access or Parking
  • Community Lake

About This Home

As of October 2020

Stunning custom home with seasonal lake views in south Lake Lanier community, and convenient rear drive for boat parking. The home offers beautiful finishes throughout, tons of natural light, master on the main, and vaulted ceilings in the main living area. On the second level are two bedrooms with a full bath, a huge bonus room and loft area open to the living room. Finished lower level features a spacious living area, large room with walk in closet that is currently used as a bedroom, full bath with laundry hook-ups, and smaller room plumbed for an added kitchen, which easily makes this the perfect in-law or teen suite. Backyard has plenty of room for play or entertaining, or parking for your boat. This home has so much to offer along with the perfect location - close to Bald Ridge Marina, Mary Alice Park, Costco, Market Place Blvd shopping and eating, 400, and more.

Last Agent to Sell the Property

Judy East

Living Down South Realty, LLC License #339037 Listed on: 05/27/2020

Last Buyer's Agent

Judy East

Living Down South Realty, LLC License #339037 Listed on: 05/27/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,973

Year Built

  • Built in 2017

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 104x142x104x145
  • Property fronts a state road
  • Privacy Fence
  • Wood Fence
  • Landscaped
  • Sloped Lot
  • Back Yard Fenced and Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Composition Roof
  • Shingle Siding
  • Cement Siding

Interior Spaces

  • 3,489 Sq Ft Home
  • 1.5-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Living Room
  • Open-Concept Dining Room
  • Bonus Room
  • Game Room
  • Lake Views
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • 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
  • Finished Basement Bathroom
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 197 086

Community Details

Overview

  • Lanier Woods Subdivision
  • Community Lake

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,973

Year Built

Built in 2017

Lot Details

0

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: 2017
  • Levels Stories: One and One Half
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Microwave
  • Interior Amenities: Cathedral Ceiling(s), Double Vanity, Disappearing Attic Stairs, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished Bath, Finished, Full, Interior Entry
  • Kitchen Features: Cabinets White, Stone Counters, Eat-in Kitchen, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Game Room, Living Room
  • Dining Room Features: Open Concept
  • Square Footage: 3489.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Cement Siding, Shingle Siding
  • Roof Type: Composition
  • Lake Name: Lanier
  • Fencing: Back Yard, Fenced, Privacy, Wood
  • Patio And Porch Features: Deck, Front Porch
  • View: Lake

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Garage, Kitchen Level, Parking Pad, RV Access/Parking, Garage Faces Side

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric, Forced Air
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities, Water Available
  • Electric: None

Condo/Co-op/Association

  • Community Features: Fishing, Lake
  • Subdivision Complex: Lanier Woods

Schools

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

Lot Info

  • Acres: 0.3700
  • Lot: 38
  • Land/Lot: 2
  • Section G M D: 1
  • Deed Book: 9032
  • Deed Page: 676
  • Plat Book: 2
  • Plat Page: 62
  • Lot Features: Back Yard, Landscaped, Sloped, Front Yard
  • Lot Dimensions: 104x142x104x145
  • Parcel Number: 197 086
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 3973.00
  • Assessor Parcel Number: 197-000-086
  • Close Date: 2020-10-14
  • Tax Year: 2019

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
May 27, 2020
Closed on
Oct 14, 2020
Sold by
Green Point Investment Funding Llc
Bought by
Cicio Nathanael J
Seller's Agent
Judy East
Living Down South Realty, LLC
Buyer's Agent
Judy East
Living Down South Realty, LLC
List Price
$450,000
Sold Price
$426,000
Premium/Discount to List
-$24,000
-5.33%
Current Estimated Value
$707,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,392
Avg. Annual Appreciation
10.73%
Original Mortgage
$383,400
Outstanding Balance
$344,271
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$356,365

Purchase Details

Closed on
Sep 12, 2019
Sold by
Ksn Enterprises Llc
Bought by
Green Point Investment Funding Llc

Purchase Details

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

Purchase Details

Closed on
Aug 19, 2013
Sold by
Kulp Philip L
Bought by
Bulwark Properties Llc

Purchase Details

Closed on
Jun 2, 1998
Sold by
Freytag Elizabeth A
Bought by
Kulp Phillip L

Purchase Details

Closed on
Jan 11, 1995
Sold by
Ward William M
Bought by
Freytag Elizabeth A
Source: Public Records

Range of Values:

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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
Cicio Nathanael J $426,000 --
Green Point Investment Funding Llc -- --
Ksn Enterprises Llc $26,500 --
Bulwark Properties Llc $26,000 --
Kulp Phillip L $22,500 --
Freytag Elizabeth A $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cicio Nathanael J $383,400
Previous Owner Ksn Enterprises Llc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $426,000 -1.8% $122 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
09/08/2020 09/08/20 Price Changed $433,900 -0.2% $124 / Sq Ft
08/24/2020 08/24/20 Price Changed $434,900 0.0% $125 / Sq Ft
07/07/2020 07/07/20 Price Changed $435,000 -3.3% $125 / Sq Ft
05/27/2020 05/27/20 For Sale $450,000 -- $129 / 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 $6,301 $256,952 $40,000 $216,952
2023 $5,565 $226,088 $32,000 $194,088
2022 $4,953 $158,164 $20,000 $138,164
2021 $4,368 $158,164 $20,000 $138,164
2020 $3,772 $136,580 $20,000 $116,580
2019 $3,973 $143,660 $18,000 $125,660
2018 $3,577 $129,340 $18,000 $111,340
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

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6729240

First Multiple Listing Service (FMLS)

APN: 197-086