NOT LISTED FOR SALE

2240 Forest Dr Cumming, GA 30041

Estimated Value: $806,000 - $1,200,000

3 Beds
2.5 Baths
1,600 Sq Ft
$629/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $628,000 $392 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,449/month

117 Days on Market

Highlights

  • 98 Feet of Waterfront
  • Covered dock with two slips
  • Lake View
  • Mashburn Elementary School Rated A
  • Deep Water Access
  • Craftsman Architecture

About This Home

As of September 2017

WOW, this Lake house is the one you have been waiting on, South Side of the Lake w/ Deep Water at Dock! Home has a Vegetation Permit w/ gentle slope to dock. Home remodeled down to the frame in 2015. The owner designed this Beautiful Craftsman w/ tons of storage & to take advantage of the views w/ Master on Main w/ Full Bath + Half Bath & laundry. The upstairs has a Bedroom & Bunk Rm w/Full Bath & Computer Nook. The Kitchen has SS appl. & Lg. Granite Island w/ view to Family rm w/ fireplace. All-Weather Covered Porch w/ Fireplace.

Last Agent to Sell the Property

Michelle Cheeley

Engel & Völkers Atlanta License #265775 Listed on: 04/12/2017

Engel & Völkers Atlanta

Last Buyer's Agent

Simone Hoffman

Harry Norman Realtors License #147284

Harry Norman Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,562

Year Built

  • Built in 2015

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 20x177x98x158
  • 98 Feet of Waterfront
  • Lake Front
  • Private Lot

Parking

  • Driveway

Home Design

  • Craftsman Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 1.5-Story Property
  • Ceiling height of 9 feet on the main level
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Computer Room
  • Bonus Room
  • Lake Views
  • Unfinished Basement
  • Partial Basement

Kitchen

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

Bedrooms and Bathrooms

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

Accessible Home Design

  • Accessible Doors
  • Accessible Entrance

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Deep Water Access
  • Covered dock with two slips
  • Deck
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Septic Tank

Community Details

  • Lanier Country Club Estates Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 224 031

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,562

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Condition: Resale
  • Year Built: 2015
  • Accessibility Features: Accessible Doors, Accessible Entrance
  • Levels Stories: One and One Half
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Factory Built, Family Room, Gas Log
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
  • Interior Amenities: Double Vanity, High Ceilings 9 ft Main, High Ceilings 9 ft Upper
  • Basement: Partial, Unfinished
  • Kitchen Features: Breakfast Bar, Cabinets White, Eat-in Kitchen, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Computer Room
  • Square Footage: 1600.00

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, Shower Only, Soaking Tub

Exterior Features

  • Waterfront Frontage: 98
  • Construction Materials: Cement Siding, Stone
  • Roof Type: Composition, Ridge Vents
  • Lake Name: Lanier
  • Patio And Porch Features: Covered, Deck, Enclosed, Front Porch
  • View: Lake

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Electric

Condo/Co-op/Association

  • Subdivision Complex: Lanier Country Club Estates

Lot Info

  • Acres: 0.2800
  • Lot: 14
  • Section G M D: 1
  • Lot Features: Private
  • Lot Dimensions: 20x177x98x158
  • Parcel Number: 224 031
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat

Tax Info

  • Taxes: 3562.00
  • Tax Year: 2016

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2017
Closed on
Sep 15, 2017
Sold by
Gardner Timothy
Bought by
Gardner Timothy and Gardner Barbara
Seller's Agent
Michelle Cheeley
Engel & Völkers Atlanta
Buyer's Agent
Simone Hoffman
Harry Norman Realtors
List Price
$789,900
Sold Price
$628,000
Premium/Discount to List
-$161,900
-20.5%
Current Estimated Value
$1,006,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,930
Avg. Annual Appreciation
5.90%
Original Mortgage
$476,250
Outstanding Balance
$397,596
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$609,334

Purchase Details

Closed on
May 3, 2016
Sold by
Semler Julie
Bought by
Jws Grp Llc

Purchase Details

Listed on
Nov 19, 2013
Closed on
Jun 17, 2014
Sold by
Jws Grp Llc
Bought by
Semler Julie A and Semler James
Seller's Agent
Janet Kitchens
Lakeside Realty, LLC.
Buyer's Agent
Elizabeth Ryan
HomeSmart
List Price
$325,000
Sold Price
$280,000
Premium/Discount to List
-$45,000
-13.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.70%
Original Mortgage
$213,750
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 19, 2013
Closed on
May 15, 2014
Sold by
Counts George B
Bought by
Jws Grp Llc
Seller's Agent
Janet Kitchens
Lakeside Realty, LLC.
Buyer's Agent
Elizabeth Ryan
HomeSmart
List Price
$325,000
Sold Price
$280,000
Premium/Discount to List
-$45,000
-13.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
4.19%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gardner Timothy -- --
Gardner Timothy $628,000 --
Jws Grp Llc -- --
Semler Julie A -- --
Jws Grp Llc $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gardner Timothy $476,250
Closed Gardner Timothy $476,250
Previous Owner Semler Julie A $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2017 09/15/17 Sold $628,000 -3.2% $393 / Sq Ft
08/07/2017 08/07/17 Pending -- -- --
07/03/2017 07/03/17 Price Changed $649,000 -6.6% $406 / Sq Ft
06/05/2017 06/05/17 Price Changed $695,000 -7.3% $434 / Sq Ft
04/25/2017 04/25/17 Price Changed $749,900 -5.1% $469 / Sq Ft
04/12/2017 04/12/17 For Sale $789,900 +182.1% $494 / Sq Ft
05/15/2014 05/15/14 Sold $280,000 -13.8% $307 / Sq Ft View Prior Sale
04/27/2014 04/27/14 Pending -- -- --
11/19/2013 11/19/13 For Sale $325,000 -- $356 / 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 $1,839 $376,172 $200,000 $176,172
2024 $1,839 $371,400 $200,000 $171,400
2023 $1,700 $302,864 $160,000 $142,864
2022 $1,794 $241,032 $140,000 $101,032
2021 $1,767 $241,032 $140,000 $101,032
2020 $6,562 $244,736 $140,000 $104,736
2019 $6,383 $235,608 $140,000 $95,608
2018 $6,261 $229,552 $140,000 $89,552
2017 $3,729 $134,344 $114,000 $20,344
2016 $3,562 $128,344 $108,000 $20,344
2015 $3,346 $120,344 $100,000 $20,344
2014 $3,151 $119,004 $100,000 $19,004
Source: Public Records

Agents Affiliated with this Home

  • Michelle Cheeley

    Seller's Agent in 2017

    Michelle Cheeley

    Engel & Völkers Atlanta

    (770) 354-2304

    1 in this area

    28 Total Sales

    Michelle Cheeley
    Section Image

  • S

    Buyer's Agent in 2017

    Simone Hoffman

    Harry Norman Realties

    (770) 316-3065

    24 Total Sales

    Simone Hoffman
    Section Image
  • Janet Kitchens

    Seller's Agent in 2014

    Janet Kitchens

    Lakeside Realty, LLC.

    (770) 527-4186

    3 in this area

    19 Total Sales

    Janet Kitchens
    Section Image
  • TRACE ERGLE

    Seller Co-Listing Agent in 2014

    TRACE ERGLE

    Lakeside Realty, LLC.

    (770) 296-3457

    2 in this area

    10 Total Sales

    TRACE ERGLE
    Section Image
  • Elizabeth Ryan

    Buyer's Agent in 2014

    Elizabeth Ryan

    HomeSmart

    (404) 713-6023

    39 Total Sales

    Elizabeth Ryan
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5832240

First Multiple Listing Service (FMLS)

APN: 224-031

Georgia Forsyth County Cumming 30041

2240 Forest Dr, Cumming, GA

Not Listed for Sale

Detached

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