NOT LISTED FOR SALE

2520 Gatewater Ct Cumming, GA 30040

Estimated Value: $403,000 - $439,000

3 Beds
2.5 Baths
1,648 Sq Ft
$259/Sq Ft Est. Value

Last Sold May 08, 2015

Last sale price $185,000 $112 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,401/month

Highlights

  • Open-Concept Dining Room
  • Gated Community
  • Private Lot
  • George W. Whitlow Elementary School Rated A
  • Clubhouse
  • Traditional Architecture

About This Home

As of May 2015

Investors welcome! Very well maintained home in a gated community close to exit 13 on 400, and near The Collection Mall. Granite Kitchen, updated home with dark wood laminate flooring on the main level and all new carpet upstairs. HOA maintains the front yard.

Last Agent to Sell the Property

John Willnow

NOT A VALID MEMBER License #173186 Listed on: 03/02/2015

NOT A VALID MEMBER

Last Buyer's Agent

BRENDA RICHTERKESSING

NOT A VALID MEMBER License #258825

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,443

Year Built

  • Built in 2004

Lot Details

  • Fenced
  • Private Lot
  • Corner Lot
  • Level Lot

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway Level

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 1,648 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 10 feet on the main level
  • Factory Built Fireplace
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Home Security

  • Security Gate
  • Fire and Smoke Detector

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 106 342

Community Details

Overview

  • Heritage Property Association
  • Secondary HOA Phone (770) 200-8576

Recreation

  • Swim or tennis dues are required
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,443

Year Built

Built in 2004

Lot Details

0

HOA Fees

$95 per month

Parking

2

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: 2004
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log, Glass Doors
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Microwave
  • Interior Amenities: Disappearing Attic Stairs, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 10 ft Main, High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Eat-in Kitchen, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Open Concept
  • Square Footage: 1648.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Split Bedroom Plan
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate Tub/Shower, Soaking Tub, Vaulted Ceilings

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Security Gate, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Gated, Homeowners Assoc, Pool
  • Association Fee: 1140
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Management Phone: 770-200-8576

Association/Amenities

  • Management Company: Heritage Property

Schools

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

Lot Info

  • Lot: 23
  • Plat Book: 80
  • Plat Page: 158
  • Lot Features: Corner Lot, Level, Private
  • Lot Dimensions: .12 Acres
  • Parcel Number: 106 342
  • Property Attached Yn: No

Tax Info

  • Taxes: 1443.00
  • Assessor Parcel Number: 106-000-342
  • Close Date: 2015-05-08
  • Tax Year: 2014

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: George W. Whitlow
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2015
Closed on
May 8, 2015
Sold by
Canova Michelle
Bought by
Peters Judith A
Seller's Agent
John Willnow
NOT A VALID MEMBER
Buyer's Agent
BRENDA RICHTERKESSING
NOT A VALID MEMBER
List Price
$185,000
Sold Price
$185,000
Current Estimated Value
$427,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,315
Avg. Annual Appreciation
8.34%
Original Mortgage
$148,000
Outstanding Balance
$114,303
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$313,012

Purchase Details

Closed on
Jun 18, 2009
Sold by
North Star Capital Inc
Bought by
Canova Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,315
Interest Rate
4.79%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2009
Sold by
Opare Stephen O
Bought by
Fremont Home Loan Trust 2006 & C

Purchase Details

Closed on
Jun 28, 2004
Sold by
R H Homes Dev Llc
Bought by
Opare Stephen O and Addo Yvone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,958
Interest Rate
6.25%
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
Peters Judith A $185,000 --
Canova Michelle $161,300 --
Fremont Home Loan Trust 2006 & C $112,201 --
Opare Stephen O $174,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Judith A $148,000
Previous Owner Canova Michelle $158,315
Previous Owner Opare Stephen O $34,958
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2015 05/08/15 Sold $185,000 0.0% $112 / Sq Ft
03/08/2015 03/08/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $185,000 -- $112 / 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 $562 $163,480 $66,000 $97,480
2024 $562 $155,612 $66,000 $89,612
2023 $466 $154,176 $60,000 $94,176
2022 $2,903 $102,468 $32,000 $70,468
2021 $543 $102,468 $32,000 $70,468
2020 $537 $96,160 $32,000 $64,160
2019 $536 $90,656 $32,000 $58,656
2018 $538 $85,188 $32,000 $53,188
2017 $539 $80,264 $32,000 $48,264
2016 $474 $72,264 $24,000 $48,264
2015 $1,782 $64,104 $18,000 $46,104
2014 $1,443 $54,516 $18,000 $36,516
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    John Willnow

    NOT A VALID MEMBER

    Section Image

  • B

    Buyer's Agent in 2015

    BRENDA RICHTERKESSING

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5503821

First Multiple Listing Service (FMLS)

APN: 106-342

Georgia Forsyth County Cumming 30040

2520 Gatewater Ct, Cumming, GA

This home is located at 2520 Gatewater Ct, Cumming, GA 30040 since 02 March 2015 and is currently estimated at $427,315, approximately $259 per square foot. This property was built in 2004. 2520 Gatewater Ct is a home located in Forsyth County with nearby schools including George W. Whitlow Elementary School, Otwell Middle School, and Forsyth Central High School.

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