NOT LISTED FOR SALE

2340 Peachtree Rd Cumming, GA 30041

Estimated Value: $1,265,000 - $1,603,000

5 Beds
4 Baths
3,519 Sq Ft
$389/Sq Ft Est. Value

Last Sold October 17, 2014

Last sale price $711,000 $202 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $7,421/month

Highlights

  • 96 Feet of Waterfront
  • Covered dock with one slips
  • Spa
  • Otwell Middle School Rated A
  • Deep Water Access
  • Lake View

About This Home

As of October 2014

WHEN YOU SAY, "YOU LIVE "ON" THE LAKE" - YOU TRULY DO! GORGEOUS Lake Views-So Close, You can Hear Fish Jump! Renovated in 2005, "Casual Elegance" on 1.87 Acre Lot w/Extra Deep 2.5 Car Grg-FURNISHED(-)Personal-B'ful Hrdwd&Tile Flrs+Wood Walls-Feels Like a Lodge! GR w/Stone FP is Open to "NEW" Kitchen w/Granite+Stainless Appl-Incldg Frig. ALL BR's have Views! Owner Ste w/Access to Balcony-Lakeside Gathering/DR/Sunroom is Amazing-Fin Bsmt w/2nd Stone FP-2 Lvls of Decks w/Hot Tub-Sep Entrance to Rm w/Bath on LakesideGreat for Guest or Lake Toys! DOUBLE SLIP-DOCK POSSIBLE!

Last Agent to Sell the Property

Rae-Lynne Swigart

NOT A VALID MEMBER License #164784 Listed on: 04/05/2013

NOT A VALID MEMBER

Last Buyer's Agent

Taunee Pembroke

Keller Williams Realty Community Partners License #280729

Keller Williams Realty Community Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,230

Year Built

  • Built in 1990

Lot Details

  • 96 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Detached Garage
  • Driveway Level

Home Design

  • Ranch Style House
  • Composition Roof
  • Cedar

Interior Spaces

  • 3,519 Sq Ft Home
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Game Room
  • Sun or Florida Room
  • Wood Flooring
  • Lake Views
  • Pull Down Stairs to Attic
  • Security System Owned

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Accessible Home Design

  • Accessible Entrance

Outdoor Features

  • Spa
  • Deep Water Access
  • Covered dock with one slips
  • Deck
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Hh Scoggins Dobbs Ck Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 2340PEACHTREERD

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,230

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1990
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Basement, Family Room, Masonry
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Disappearing Attic Stairs, High Ceilings 9 ft Main, High Speed Internet, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Stone Counters, Kitchen Island, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Game Room, Great Room - 1 Story, Sun Room
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 3519.00
  • Spa Features: Private

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Lower Bedrooms: 3
  • Main Bedrooms: 2
  • Total Full Baths: 4
  • Lower Full Bathrooms: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Soaking Tub, Separate Tub/Shower

Exterior Features

  • Waterfront Frontage: 96
  • Construction Materials: Cedar
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Front Porch
  • View: Lake

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Detached, Garage, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security System Owned
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas, Propane
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: HH SCOGGINS DOBBS CK

Schools

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

Lot Info

  • Lot: 6
  • Land/Lot: 1188
  • Section G M D: 1ST
  • Plat Book: 3845
  • Plat Page: 733
  • Lot Dimensions: 1.87
  • Parcel Number: 2340PEACHTREERD
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 195-000-056
  • Close Date: 2014-10-17
  • Tax Year: 2011

Multi Family

  • Waterfront Features: Lake, 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
Apr 5, 2013
Closed on
Oct 17, 2014
Sold by
Chandler A Russell
Bought by
Ericksen Richard A and Ericksen Susan B
Seller's Agent
Rae-Lynne Swigart
NOT A VALID MEMBER
Buyer's Agent
Taunee Pembroke
Keller Williams Realty Community Partners
List Price
$790,000
Sold Price
$711,000
Premium/Discount to List
-$79,000
-10%
Current Estimated Value
$1,368,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$657,638
Avg. Annual Appreciation
6.12%
Original Mortgage
$420,000
Outstanding Balance
$301,978
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$1,066,660

Purchase Details

Closed on
Jun 27, 2005
Sold by
Wolford Arol R and Wolford Jane
Bought by
Chandler A Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 1998
Sold by
Owen Richard L
Bought by
Wolford Arol R and Wolford Jane N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
7.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 1994
Sold by
Dinsmore James Sarah
Bought by
Owen Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,200
Interest Rate
4.75%
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
Ericksen Richard A $711,000 --
Chandler A Russell $605,000 --
Wolford Arol R $370,000 --
Owen Richard $288,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ericksen Richard A $420,000
Previous Owner Chandler A Russell $484,000
Previous Owner Wolford Arol R $296,000
Previous Owner Owen Richard $259,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2014 10/17/14 Sold $711,000 -10.0% $202 / Sq Ft
09/22/2014 09/22/14 Pending -- -- --
04/05/2013 04/05/13 For Sale $790,000 -- $224 / 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 $2,230 $522,720 $218,500 $304,220
2024 $2,230 $525,708 $218,500 $307,208
2023 $2,073 $398,760 $165,000 $233,760
2022 $2,148 $295,348 $130,000 $165,348
2021 $2,103 $295,348 $130,000 $165,348
2020 $2,095 $287,436 $130,000 $157,436
2019 $2,106 $286,524 $130,000 $156,524
2018 $2,098 $274,412 $130,000 $144,412
2017 $2,127 $275,596 $135,200 $140,396
2016 $1,610 $270,396 $130,000 $140,396
2015 $1,610 $270,396 $130,000 $140,396
2014 $5,118 $193,312 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5131044

First Multiple Listing Service (FMLS)

APN: 195-056