NOT LISTED FOR SALE

2505 Gateview Ct Cumming, GA 30040

Estimated Value: $375,000 - $399,000

2 Beds
2 Baths
1,301 Sq Ft
$297/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $315,000 $242 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,418/month

Highlights

  • Fitness Center
  • Open-Concept Dining Room
  • Rural View
  • George W. Whitlow Elementary School Rated A
  • Gated Community
  • Traditional Architecture

About This Home

As of September 2021

One level living and cute as a button! This two bedroom/two bath ranch was built with all the upgrades and is located in a gated community for privacy! Oversized master includes a sitting room and exterior door to the patio for easy access and under cabinet lighting! Great room is vaulted and cozy with fireplace, view to the kitchen, dining, and backyard patio! Perfect roommate plan that is convenient to 400, shopping (The Collection and Halcyon), and entertainment with no rental restrictions. HOA covers front yard maintenance, gate, fitness center and pool!

Last Agent to Sell the Property

Noelle Larson

Engel & Völkers Atlanta License #360326 Listed on: 09/03/2021

Engel & Völkers Atlanta

Last Buyer's Agent

S&N Team

Keller Williams North Atlanta License #384720

Keller Williams North Atlanta

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $488

Year Built

  • Built in 2004

Lot Details

  • 4,792 Sq Ft Lot
  • Property fronts a private road
  • Private Entrance
  • Landscaped
  • Level Lot
  • Back Yard Fenced and Front Yard

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Cottage
  • Slab Foundation
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,301 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Factory Built Fireplace
  • Shutters
  • Family Room with Fireplace
  • Living Room
  • Open-Concept Dining Room
  • Breakfast Room
  • Rural Views
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only
  • Window or Skylight in Bathroom

Laundry

  • Laundry on main level
  • Laundry in Kitchen

Schools

  • George W. Whitlow Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Covered Patio or Porch
  • Property is near shops

Listing and Financial Details

  • Assessor Parcel Number 106 437

Community Details

Overview

  • $150 Initiation Fee
  • Cma Association, Phone Number (404) 835-9168
  • Secondary HOA Phone (404) 835-9168
  • Stonebrooke Commons Subdivision

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$488

Year Built

Built in 2004

Lot Details

0

HOA Fees

$95 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage, Traditional
  • Property Condition: Resale
  • Year Built: 2004
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Interior Amenities: High Ceilings 9 ft Main, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Eat-in Kitchen, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Dining Room Features: Open Concept
  • Square Footage: 1301.00
  • Spa Features: None
  • Window Features: Shutters

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Main Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Shower Only, Skylights

Exterior Features

  • Construction Materials: Aluminum Siding
  • Roof Type: Composition
  • Fencing: Back Yard
  • Patio And Porch Features: Covered, Front Porch, Patio
  • Exterior Features: Private Front Entry, Private Yard
  • View: Rural
  • Foundation: Slab

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Kitchen, Main Level
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Security, Swim/Tennis
  • Community Features: Fitness Center, Gated, Homeowners Assoc, Near Shopping, Pool, Street Lights
  • Association Fee: 285
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Hoa Contact Phone: 404-835-9168
  • Management Company Email: jmortimer@cmacommunities.com
  • Management Phone: 404-835-9168
  • Subdivision Complex: Stonebrooke Commons

Association/Amenities

  • Management Company: CMA

Schools

  • Elementary School: George W. Whitlow
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Acres: 0.1100
  • Lot Features: Back Yard, Front Yard, Landscaped, Level
  • Lot Dimensions: x 0
  • Parcel Number: 106 437
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 150

Tax Info

  • Taxes: 488.00
  • Assessor Parcel Number: 106-000-437
  • Close Date: 2021-09-30
  • Tax Year: 2020

MLS Schools

  • Elementary School: George W. Whitlow
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Sep 30, 2021
Sold by
Adams Lana C
Bought by
Raman Ashwin
Seller's Agent
Noelle Larson
Engel & Völkers Atlanta
Buyer's Agent
S&N Team
Keller Williams North Atlanta
List Price
$300,000
Sold Price
$315,000
Premium/Discount to List
$15,000
5%
Current Estimated Value
$386,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,515
Avg. Annual Appreciation
5.18%
Original Mortgage
$225,000
Outstanding Balance
$205,179
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$181,336

Purchase Details

Closed on
Nov 22, 2004
Sold by
Rh Homes Dev Llc
Bought by
Adams Lana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,500
Interest Rate
5.67%
Mortgage Type
New Conventional
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
Raman Ashwin $315,000 --
Adams Lana C $170,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raman Ashwin $225,000
Previous Owner Adams Lana C $114,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $315,000 +5.0% $242 / Sq Ft
09/03/2021 09/03/21 For Sale $300,000 -- $231 / 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 $3,364 $143,404 $66,000 $77,404
2024 $3,364 $137,176 $66,000 $71,176
2023 $3,405 $138,348 $60,000 $78,348
2022 $3,020 $90,624 $32,000 $58,624
2021 $493 $90,624 $32,000 $58,624
2020 $488 $85,396 $32,000 $53,396
2019 $487 $80,804 $32,000 $48,804
2018 $482 $71,376 $32,000 $39,376
2017 $489 $71,392 $32,000 $39,392
2016 $456 $63,392 $24,000 $39,392
2015 $408 $57,392 $18,000 $39,392
2014 $322 $49,204 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6937841

First Multiple Listing Service (FMLS)

APN: 106-437