NOT LISTED FOR SALE

2330 Elan Ln Cumming, GA 30041

Estimated Value: $1,049,000 - $1,344,000

5 Beds
4 Baths
4,348 Sq Ft
$278/Sq Ft Est. Value

Last Sold April 27, 2018

Last sale price $622,125 $143 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $7,209/month

Highlights

  • Gated Community
  • 1.92 Acre Lot
  • Private Lot
  • Haw Creek Elementary School Rated A
  • Deck
  • Family Room with Fireplace

About This Home

As of April 2018

Rare 2 ac estate minutes from Lake Lanier, GA400, dining and shopping. Balmoral Estates is a sought-after gated enclave community. Pristine condition, freshly painted throughout, new hardwoods in the living room and office. Gourmet kitchen opens to cozy hearth room with fireplace. Large island, breakfast bar, separate breakfast room, double ovens, walk-in pantry & granite countertops. Hardwoods on entire main level, extra flex room w/ access to full bath. Top-of-the-line security, huge master suite and 3 additional bedrooms up. PRIVATE and gorgeous views, rm for pool.

Last Agent to Sell the Property

BRENDA RICHTERKESSING

NOT A VALID MEMBER License #258825 Listed on: 03/20/2018

Last Buyer's Agent

Shellie Watson

Keller Williams Realty Atlanta Partners License #291915

Keller Williams Realty Atlanta Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,005

Year Built

  • Built in 2011

Lot Details

  • 1.92 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Private Lot
  • Level Lot
  • Irrigation Equipment
  • Wooded Lot

HOA Fees

  • $116 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Driveway Level

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Ridge Vents on the Roof
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 4,348 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Circulating Fireplace
  • Gas Log Fireplace
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Loft
  • Keeping Room with Fireplace
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • Dual Closets
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Unfinished Basement

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

Home Security

  • Security System Owned
  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Haw Creek Elementary School
  • Lakeside - Forsyth Middle School
  • South Forsyth High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Energy-Efficient Thermostat
  • Property is near shops

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 175 189

Community Details

Overview

  • $1,390 Initiation Fee
  • Southern Property Mgt Association, Phone Number (770) 535-1020
  • Secondary HOA Phone (770) 535-1020
  • Balmoral Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,005

Year Built

Built in 2011

Lot Details

0

HOA Fees

$116 per month

Parking

3

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: 2011
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Circulating, Family Room, Gas Log, Gas Starter, Keeping Room
  • Number Of Fireplaces: 2
  • Other Equipment: Irrigation Equipment, Satellite Dish
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Disappearing Attic Stairs, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Lower, High Ceilings 9 ft Upper, High Ceilings 10 ft Main, High Speed Internet, His and Hers Closets
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Full, Interior Entry, Unfinished
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Keeping Room, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Family Room, Living Room, Loft, Office
  • Dining Room Features: Butlers Pantry, Separate Dining Room
  • Square Footage: 4348.00

Beds/Baths

  • Total Bedrooms: 5
  • Main Bedrooms: 1
  • Total Full Baths: 4
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition, Ridge Vents, Shingle
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Attached, Garage, Garage Faces Side, Kitchen Level, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm, Security Gate, Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Gated, Homeowners Assoc, Near Shopping, Street Lights
  • Association Fee: 1390
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-535-1020
  • Management Company Email: spm@southernpropertymgt.com
  • Management Phone: 770-535-1020
  • Subdivision Complex: Balmoral

Association/Amenities

  • Management Company: Southern Property Mgt

Schools

  • Elementary School: Haw Creek
  • Middle School: Lakeside - Forsyth
  • High School: South Forsyth

Lot Info

  • Acres: 1.9200
  • Lot: 16
  • Land/Lot: 499
  • Section G M D: 1
  • Plat Book: 129
  • Plat Page: 134
  • Lot Features: Cul-De-Sac, Landscaped, Level, Private, Wooded
  • Parcel Number: 175 189
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat

Rental Info

  • Initiation Fee: 1390

Tax Info

  • Taxes: 6005.00
  • Assessor Parcel Number: 175-000-189
  • Close Date: 2018-04-27
  • Tax Year: 2017

MLS Schools

  • Elementary School: Haw Creek
  • High School: South Forsyth
  • Middle School: Lakeside - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2020
Sold by
Frazee Michael M
Bought by
Frazee Michael M and Nitowski Frazee Shelley
Current Estimated Value
$1,206,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,000
Outstanding Balance
$438,333
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$768,360

Purchase Details

Listed on
Mar 20, 2018
Closed on
Apr 27, 2018
Sold by
Subramani Janarthanan
Bought by
Frazee Michael M
Seller's Agent
BRENDA RICHTERKESSING
NOT A VALID MEMBER
Buyer's Agent
Shellie Watson
Keller Williams Realty Atlanta Partners
List Price
$625,000
Sold Price
$622,125
Premium/Discount to List
-$2,875
-0.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%
Original Mortgage
$497,700
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2011
Sold by
Subramani Janarthanan
Bought by
Subramani Janarthanan and Karuppiah Kavitha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
4.24%
Mortgage Type
New Conventional
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
Frazee Michael M -- --
Frazee Michael M $622,125 --
Subramani Janarthanan -- --
Subramani Janarthanan $516,049 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frazee Michael M $494,000
Previous Owner Frazee Michael M $497,700
Previous Owner Subramani Janarthanan $410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2018 04/27/18 Sold $622,125 -0.5% $143 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $625,000 -- $144 / 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 $8,650 $458,204 $94,656 $363,548
2024 $8,650 $399,672 $46,080 $353,592
2023 $7,855 $372,340 $46,080 $326,260
2022 $7,686 $267,264 $46,080 $221,184
2021 $7,199 $267,264 $46,080 $221,184
2020 $6,966 $255,980 $46,080 $209,900
2019 $6,679 $244,788 $46,080 $198,708
2018 $6,446 $249,968 $46,080 $203,888
2017 $6,005 $227,912 $46,080 $181,832
2016 $6,148 $234,672 $46,080 $188,592
2015 $5,903 $222,592 $46,080 $176,512
2014 $5,233 $203,792 $46,080 $157,712
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5982424

First Multiple Listing Service (FMLS)

APN: 175-189