NOT LISTED FOR SALE

2350 Elan Ln Cumming, GA 30041

Estimated Value: $1,088,000 - $1,291,000

5 Beds
4.5 Baths
5,642 Sq Ft
$218/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $1,150,000 $204 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,472/month

10 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Private Lot
  • Haw Creek Elementary School Rated A
  • 2.07 Acre Lot
  • Family Room with Fireplace

About This Home

As of May 2023

Gated in the highly sought-after Balmoral community in Cumming, GA with all the luxury and privacy you have been looking for in your next home. Situated on 2+ acres in a wooded cul-de-sac, this floor plan is ideal with the primary suite, a guest suite and large home office each located on the main level. Open concept living with an updated kitchen and expansive island offering an abundance of cabinetry and storage space that opens to the cozy breakfast area and to the two-story living room with a stacked stone fireplace and a wall of windows overlooking the outdoor oasis. Celebrate those special occasions in the formal dining room with a separate butler's pantry. Upstairs offers two spacious bedrooms and a loft area to enjoy as an additional recreation space, media room or workspace. The finished terrace level is completely upgraded and ready for all of your entertaining needs with a second kitchen area that includes a refrigerator, ice maker, dishwasher and counter space for serving guests after a long day in the pool. Relax in the living area adjacent to the generously sized recreation room - the perfect space for a game of pool or shuffleboard. There is also a finished bonus room that can be used as a media room or home gym. The terrace level guest suite and full bathroom makes this an ideal in-law suite! Walk out to your personal resort-style backyard including a custom-designed pool complete with waterfall, hot tub, gas firepit, landscape lighting, Bluetooth sound system and extensive hardscaping. Relax under the covered deck which features canned lighting and a lounge area with a wall-mounted TV. The backyard is completely private and ideal for pool time while still offering lots of green space to enjoy.

Last Agent to Sell the Property

Andrea Cueny

Ansley Real Estate| Christie's International Real Estate License #268117 Listed on: 05/12/2023

Ansley Real Estate| Christie's International Real Estate

Last Buyer's Agent

Thomas Ligas

Keller Williams Realty Atlanta Partners License #366692

Keller Williams Realty Atlanta Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,772

Year Built

  • Built in 2011

Lot Details

  • 2.07 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Private Entrance
  • Back and Front Yard Fenced
  • Landscaped
  • Private Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $116 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Side Facing Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Ridge Vents on the Roof
  • Composition Roof
  • Four Sided Brick Exterior Elevation
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,642 Sq Ft Home
  • 3-Story Property
  • Bookcases
  • Tray Ceiling
  • Vaulted Ceiling
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Insulated Windows
  • Private Rear Entry
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Loft
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • White Kitchen Cabinets
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on main level
  • 220 Volts In Laundry

Finished Basement

  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Security Gate
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Hallway
  • Accessible Entrance

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation

Pool

  • In Ground Pool
  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Courtyard
  • Outdoor Kitchen
  • Pergola

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts in Garage
  • 110 Volts
  • High-Efficiency Water Heater
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 175 188

Community Details

Overview

  • $2,780 Initiation Fee
  • Southern Property Manageme Association
  • Secondary HOA Phone (770) 535-1020
  • Balmoral Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,772

Year Built

Built in 2011

Lot Details

0

HOA Fees

$116 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Legal Description: 2-1 499 LT 15 BALMORAL
  • 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, Accessible Hallway(s)
  • Levels Stories: Three Or More
  • Above Grade Finished Sq Ft: 5642.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Starter, Living Room
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Electric Oven, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Bookcases, Disappearing Attic Stairs, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 10 ft Main, High Speed Internet, Tray Ceiling(s), Vaulted, Walk-In Closet(s)
  • Basement: Daylight, Finished, Finished Bath
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Cabinets White
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Living Room, Loft
  • Dining Room Features: Separate Dining Room
  • Square Footage: 5642.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 1
  • Main Bedrooms: 2
  • Total Bathrooms: 5
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Other Structures: Outdoor Kitchen, Pergola
  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition, Ridge Vents
  • Fencing: Back Yard, Fenced, Front Yard
  • Exterior Features: Courtyard, Private Front Entry, Private Rear Entry
  • Pool Features: Gunite, In Ground, Salt Water
  • Pool Private: No
  • Foundation: Concrete Perimeter, Slab

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Garage, Garage Faces Side

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Fire Alarm, Security Gate, Security System Owned, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Main Level, Mud Room
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available
  • Electric: 110 Volts, 220 Volts in Garage, 220 Volts in Laundry

Condo/Co-op/Association

  • Community Features: Gated, Homeowners Assoc, Near Schools, Near Shopping
  • Association Fee: 1390
  • Association Fee Frequency: Annually
  • Association: Yes
  • Management Company Email: Spm@Southernpropertymgt.com
  • Management Phone: 770-535-1020
  • Subdivision Complex: Balmoral

Association/Amenities

  • Management Company: Southern Property Manageme

Schools

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

Lot Info

  • Acres: 2.0700
  • Lot: 15
  • Land/Lot: 499
  • Section G M D: 1
  • Plat Book: 129
  • Plat Page: 134-1
  • Lot Features: Cul-De-Sac, Landscaped, Level, Private, Wooded
  • Parcel Number: 175 188
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances, HVAC, Insulation, Lighting, Water Heater, Windows
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 2780

Tax Info

  • Taxes: 7772.00
  • Assessor Parcel Number: 175-000-188
  • Close Date: 2023-05-31
  • Tax Year: 2022

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Haw Creek
  • High School: South Forsyth
  • Middle School: Lakeside - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
May 31, 2023
Sold by
Peters William H Le
Bought by
Singh Rajinder and Singh Audrey D
Seller's Agent
Andrea Cueny
Ansley Real Estate| Christie's International Real Estate
Buyer's Agent
Thomas Ligas
Keller Williams Realty Atlanta Partners
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Views
67
Current Estimated Value
$1,229,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,634
Avg. Annual Appreciation
2.93%
Original Mortgage
$726,000
Outstanding Balance
$710,207
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$519,427

Purchase Details

Closed on
Aug 15, 2011
Sold by
Ashton Atlanta Residential
Bought by
Peters William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,150
Interest Rate
4.54%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Singh Rajinder $1,150,000 None Listed On Document
Peters William H $482,047 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Rajinder $726,000
Previous Owner Peters William H $481,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $1,150,000 -4.1% $204 / Sq Ft
05/19/2023 05/19/23 Price Changed $1,199,000 -4.1% $213 / Sq Ft
05/12/2023 05/12/23 For Sale $1,250,000 -- $222 / 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 $10,357 $494,564 $95,012 $399,552
2024 $10,357 $438,504 $49,680 $388,824
2023 $7,975 $396,348 $49,680 $346,668
2022 $7,772 $284,492 $49,680 $234,812
2021 $7,251 $284,492 $49,680 $234,812
2020 $7,016 $273,112 $49,680 $223,432
2019 $6,994 $271,488 $49,680 $221,808
2018 $7,055 $273,268 $49,680 $223,588
2017 $6,582 $249,564 $49,680 $199,884
2016 $6,727 $256,444 $49,680 $206,764
2015 $6,176 $229,832 $49,680 $180,152
2014 $5,490 $210,672 $49,680 $160,992
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7216139

First Multiple Listing Service (FMLS)

APN: 175-188