NOT LISTED FOR SALE

2320 Peachtree Rd Cumming, GA 30041

Estimated Value: $940,000 - $1,028,000

3 Beds
2 Baths
1,588 Sq Ft
$610/Sq Ft Est. Value

Last Sold September 14, 2022

Last sale price $865,000 $545 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,771/month

Highlights

  • 153 Feet of Waterfront
  • Covered dock with one slips
  • Deep Water Access
  • Otwell Middle School Rated A
  • Guest House
  • Second Kitchen

About This Home

As of September 2022

TWO HOUSES ON THIS DOUBLE LOT!!! One-of-a-kind property located on the South end of Lake Lanier. This beautiful property is located within walking distance to Bald Ridge Marina and less than 5 minutes by boat. Lake Lanier was established in 1956. My seller purchased this prime lot and started construction of his home in 1960. Affording him the opportunity to purchase this premier lot! The home is surrounded by large custom-built homes...as you will notice as you drive through the neighborhood...and has approximately 153' of beautiful lake frontage and a one slip boat dock with a swim deck. The home is located on very deep water. The dock has always had deep water even during the most severe drought! This home is being sold with a guest home that has been very well maintained. The guest home has been used as a rental property for many years. The completely finished basement is equipped with second kitchen, family room, bedroom and full bath. If you are looking for a home located on the south end of Lake Lanier, you don't want to miss this opportunity.

Last Agent to Sell the Property

VICKY MOSS

Keller Williams Realty Georgia Communities License #320349 Listed on: 06/22/2022

Keller Williams Realty Georgia Communities

Last Buyer's Agent

VICKY MOSS

Keller Williams Realty Georgia Communities License #320349 Listed on: 06/22/2022

Keller Williams Realty Georgia Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 1960

Lot Details

  • 0.69 Acre Lot
  • 153 Feet of Waterfront
  • Lake Front
  • Landscaped
  • Sloped Lot
  • Private Yard
  • Front Yard

Property Views

  • Lake
  • Woods

Home Design

  • Cottage
  • Block Foundation
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Insulated Windows
  • Family Room with Fireplace
  • Great Room
  • Home Office
  • Computer Room
  • Game Room
  • Sun or Florida Room
  • Screened Porch
  • Attic Fan
  • Fire and Smoke Detector

Kitchen

  • Eat-In Country Kitchen
  • Second Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on lower level

Finished Basement

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

Parking

  • 1 Carport Space
  • Driveway

Outdoor Features

  • Deep Water Access
  • Covered dock with one slips
  • Lake On Lot
  • Exterior Lighting
  • Outbuilding
  • Rain Gutters

Additional Homes

  • Guest House

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • 220 Volts
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 195 055

Home Details

Home Type

Single Family

Est. Annual Taxes

$900

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Property Condition: Resale
  • Year Built: 1960
  • Levels Stories: One
  • Above Grade Finished Sq Ft: 1588.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Fireplace Features: Family Room, Masonry
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Interior Amenities: High Speed Internet, His and Hers Closets, Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Full, Interior Entry
  • Kitchen Features: Cabinets Stain, Country Kitchen, Eat-in Kitchen, Laminate Counters, Second Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Computer Room, Family Room, Game Room, Great Room - 1 Story, Office, Sun Room
  • Spa Features: None
  • Window Features: Insulated Windows
  • Below Grade Finished Sq Ft: 1432.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: In-Law Suite/Apartment, Master on Main, Split Bedroom Plan
  • Lower Bedrooms: 1
  • Main Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Other Structures: Guest House, Outbuilding
  • Waterfront Frontage: 153
  • Construction Materials: Wood Siding
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Screened
  • Exterior Features: Lighting, Private Yard, Rain Gutters
  • View: Lake, Trees/Woods
  • Foundation: Block, Concrete Perimeter

Garage/Parking

  • Carport or Garage: 1
  • Number of Carport Spaces: 1
  • Parking Features: Carport, Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Security: Smoke Detector(s)
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Forced Air, Propane
  • Laundry Features: Laundry Room, Lower Level, Main Level
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Electric: 220 Volts

Schools

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

Lot Info

  • Acres: 0.6900
  • Lot: 5
  • Land/Lot: 1188
  • Plat Book: 2
  • Plat Page: 192
  • Lot Features: Front Yard, Lake On Lot, Landscaped, Private, Sloped
  • Lot Dimensions: 30056
  • Parcel Number: 195 055
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 900.00
  • Assessor Parcel Number: 195-000-055
  • Additional Assessor Parcel Numbers: 195-000-055-000L01
  • Close Date: 2022-09-14
  • Tax Year: 2020

Multi Family

  • Waterfront Features: Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Cumming
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Sep 12, 2022
Sold by
Taylor Dorothy L
Bought by
Susong John Mcnair
Seller's Agent
VICKY MOSS
Keller Williams Realty Georgia Communities
Buyer's Agent
VICKY MOSS
Keller Williams Realty Georgia Communities
List Price
$1,200,000
Sold Price
$865,000
Premium/Discount to List
-$335,000
-27.92%
Current Estimated Value
$968,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,967
Avg. Annual Appreciation
3.72%
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
Susong John Mcnair $865,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2022 09/14/22 Sold $865,000 -17.6% $545 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $1,050,000 -12.5% $661 / Sq Ft
06/22/2022 06/22/22 For Sale $1,200,000 -- $756 / 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 $7,789 $316,316 $199,500 $116,816
2024 $7,789 $317,624 $199,500 $118,124
2023 $6,046 $245,644 $157,500 $88,144
2022 $931 $192,596 $130,000 $62,596
2021 $903 $192,596 $130,000 $62,596
2020 $900 $189,620 $130,000 $59,620
2019 $907 $189,416 $130,000 $59,416
2018 $918 $175,000 $130,000 $45,000
2017 $891 $191,284 $135,200 $56,084
2016 $884 $186,084 $130,000 $56,084
2015 $885 $186,084 $130,000 $56,084
2014 $761 $142,364 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7070647

First Multiple Listing Service (FMLS)

APN: 195-055