NOT LISTED FOR SALE

2405 Edgewater Rd Cumming, GA 30041

Estimated Value: $871,000 - $962,000

3 Beds
2 Baths
2,406 Sq Ft
$386/Sq Ft Est. Value

Last Sold August 15, 2018

Last sale price $570,000 $237 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,432/month

Highlights

  • 90 Feet of Waterfront
  • Marina
  • Deep Water Access
  • Mashburn Elementary School Rated A
  • Double Slip
  • Open-Concept Dining Room

About This Home

As of August 2018

View, View & More View! Vacation on Lake Lanier all year by enjoying close proximity to water's edge and a grassy "barefoot" walk to double slip dock with attached platform & grandfathered 100 ft ramp. Addition built & home renovated in early 2000's. From a distance, property overlooks Bald Ridge Marina, and home features wood & tiled floors, 2 master bedrooms plus additional bedroom, screened porch, large deck, partial basement. Located a mile from Market Place Blvd.,shops and GA400. Can't beat location by land or sea!

Last Agent to Sell the Property

Robin Gravitt

NOT A VALID MEMBER License #DUP Listed on: 01/18/2018

NOT A VALID MEMBER

Co-Listed By

Susan Moss

The Norton Agency License #205795

Last Buyer's Agent

Ardina Franssen

Lake Homes Atlanta, LLC License #338118

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $805

Year Built

  • Built in 1962

Lot Details

  • 0.42 Acre Lot
  • 90 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Irrigation Equipment

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Driveway Level

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,406 Sq Ft Home
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Wood Burning Stove
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Open-Concept Dining Room
  • Breakfast Room
  • Screened Porch
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Unfinished Basement

  • Partial Basement
  • Natural lighting in basement

Accessible Home Design

  • Accessible Hallway

Outdoor Features

  • Deep Water Access
  • Double Slip
  • Covered dock with two slips
  • Deck

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 197 064

Community Details

Overview

  • Lanier Woods Subdivision
  • Community Lake

Recreation

  • Marina
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$805

Year Built

Built in 1962

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, Traditional
  • Property Condition: Resale
  • Year Built: 1962
  • Accessibility Features: Accessible Hallway(s)
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Wood Burning Stove
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Self Cleaning Oven
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Main, Walk-In Closet(s)
  • Basement: Daylight, Partial, Unfinished
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story
  • Dining Room Features: Open Concept
  • Square Footage: 2406.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Waterfront Frontage: 90
  • Construction Materials: Stucco
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Screened

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Natural Gas, Propane
  • Laundry Features: Laundry Room
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Fishing, Lake, Marina
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Lanier Woods

Schools

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

Lot Info

  • Acres: 0.4200
  • Lot: 15
  • Land/Lot: 197 064
  • Lot Features: Level
  • Lot Dimensions: 0.42
  • Parcel Number: 197 064
  • Property Attached Yn: No

Tax Info

  • Taxes: 805.00
  • Assessor Parcel Number: 197-000-064
  • Close Date: 2018-08-15
  • Tax Year: 2016

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2018
Closed on
Aug 15, 2018
Sold by
Friedmann Robert
Bought by
Jansen Michiel G and Bosboom Bertillia
Seller's Agent
Robin Gravitt
NOT A VALID MEMBER
Buyer's Agent
Ardina Franssen
Lake Homes Atlanta, LLC
List Price
$650,000
Sold Price
$570,000
Premium/Discount to List
-$80,000
-12.31%
Current Estimated Value
$929,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,724
Avg. Annual Appreciation
7.02%
Original Mortgage
$300,000
Outstanding Balance
$260,538
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$669,186

Purchase Details

Closed on
Sep 22, 1998
Sold by
Hellrrstradt Eric
Bought by
Friedman Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
10.25%
Mortgage Type
New Conventional
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
Jansen Michiel G $570,000 --
Friedman Robert J $320,000 --
Hellersteadr Eric $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jansen Michiel G $300,000
Previous Owner Hellersteadr Eric $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2018 08/15/18 Sold $570,000 -5.0% $237 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
04/18/2018 04/18/18 Price Changed $599,900 -4.0% $249 / Sq Ft
03/26/2018 03/26/18 Price Changed $625,000 -3.8% $260 / Sq Ft
01/18/2018 01/18/18 For Sale $650,000 -- $270 / 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 $6,672 $359,696 $187,000 $172,696
2024 $6,672 $322,840 $187,000 $135,840
2023 $5,453 $271,732 $143,000 $128,732
2022 $5,971 $211,404 $121,000 $90,404
2021 $5,420 $211,404 $121,000 $90,404
2020 $5,512 $215,896 $121,000 $94,896
2019 $5,650 $222,156 $121,000 $101,156
2018 $803 $164,392 $110,000 $54,392
2017 $819 $164,476 $108,000 $56,476
2016 $805 $154,476 $98,000 $56,476
2015 $806 $154,476 $98,000 $56,476
2014 $730 $147,972 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Robin Gravitt

    NOT A VALID MEMBER

    Section Image
  • Susan Moss

    Seller Co-Listing Agent in 2018

    Susan Moss

    The Norton Agency

    (770) 654-6661

    39 Total Sales

    Susan Moss
    Section Image

  • A

    Buyer's Agent in 2018

    Ardina Franssen

    Lake Homes Atlanta, LLC

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5953183

First Multiple Listing Service (FMLS)

APN: 197-064

Georgia Forsyth County Cumming 30041

2405 Edgewater Rd, Cumming, GA

This home is located at 2405 Edgewater Rd, Cumming, GA 30041 since 18 January 2018 and is currently estimated at $929,724, approximately $386 per square foot. This property was built in 1962. 2405 Edgewater Rd is a home located in Forsyth County with nearby schools including Mashburn Elementary School, Lakeside Middle School, and Forsyth Central High School.

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