NOT LISTED FOR SALE

2538 Summit Cove Dr Duluth, GA 30097

Estimated Value: $293,000 - $313,000

3 Beds
2.5 Baths
1,432 Sq Ft
$213/Sq Ft Est. Value

Last Sold August 26, 2014

Last sale price $123,000 $86 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $2,102/month

23 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Great Room
  • Chattahoochee Elementary School Rated A
  • End Unit
  • Stone Countertops

About This Home

As of August 2014

Newly renovated! New appliances - refrigerator, dishwasher, gas, stove & microwave; newly painted interior, new plumbing, hardware, new light fixtures, new granite countertops in kitchen; new kitchen cabinets; new tiled floors in both bathrooms; newer flooring; close to shopping and dog park; desired Duluth schools; a must-see home & a great value!

Last Listed By

LAURA MITCHELL

NOT A VALID MEMBER License #342490 Listed on: 07/02/2014

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $815

Year Built

  • Built in 1996

Lot Details

  • End Unit
  • Private Entrance

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Split Level Home
  • Composition Roof

Interior Spaces

  • 1,432 Sq Ft Home
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Private Rear Entry
  • Family Room with Fireplace
  • Great Room
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Hall
  • Laundry on upper level

Home Security

  • Open Access
  • Security System Owned

Outdoor Features

  • Deck

Schools

  • Chattahoochee - Gwinnett Elementary School
  • Duluth Middle School
  • Duluth High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 10 Units
  • Sharper Image Management Association, Phone Number (770) 973-5923
  • Secondary HOA Phone (770) 973-5923
  • Chattahoochee Cove Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Tax Lot 108
  • Assessor Parcel Number 2538SummitCove0DR

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$815

Year Built

Built in 1996

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse, Traditional
  • Property Condition: Resale
  • Year Built: 1996
  • Levels Stories: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Factory Built, Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: High Speed Internet
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Stone Counters
  • Common Walls: End Unit
  • Additional Rooms: Family Room, Great Room - 1 Story
  • Square Footage: 1432.00

Beds/Baths

  • Total Bedrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Tub/Shower Combo

Exterior Features

  • Roof Type: Composition
  • Patio And Porch Features: Deck
  • Exterior Features: Private Front Entry, Private Rear Entry

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Security: Open Access, Security System Owned
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: In Hall, Upper Floor
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc
  • Association Fee: 120
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-973-5923
  • Management Phone: 770-973-5923
  • Subdivision Complex: Chattahoochee Cove

Association/Amenities

  • Number Of Units In Community: 10
  • Management Company: Sharper Image Management

Schools

  • Elementary School: Chattahoochee - Gwinnett
  • Middle School: Duluth
  • High School: Duluth

Lot Info

  • Lot: 108
  • Land/Lot: 243
  • Plat Book: 78
  • Plat Page: 126
  • Parcel Number: 2538SummitCove0DR
  • Property Attached Yn: Yes

Tax Info

  • Taxes: 815.00
  • Assessor Parcel Number: R7243-089
  • Close Date: 2014-08-26
  • Tax Year: 2013

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Chattahoochee - Gwinnett
  • High School: Duluth
  • Middle School: Duluth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2014
Closed on
Aug 26, 2014
Sold by
Mitchell Frank Cedric
Bought by
Madden Michael
Seller's Agent
LAURA MITCHELL
NOT A VALID MEMBER
Buyer's Agent
SUSAN ECHOLS
NOT A VALID MEMBER
List Price
$130,000
Sold Price
$123,000
Premium/Discount to List
-$7,000
-5.38%
Total Days on Market
23
Current Estimated Value
$305,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,690
Avg. Annual Appreciation
9.10%
Original Mortgage
$110,700
Outstanding Balance
$86,113
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$226,679

Purchase Details

Closed on
Jul 29, 2010
Sold by
Hud-Housing Of Urban Dev
Bought by
Mitchell Frank C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,668
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 5, 2010
Sold by
Georgia Hsng Finance Authority
Bought by
Hud-Housing Of Urban Dev

Purchase Details

Closed on
Jul 27, 2005
Sold by
Santiago Adela I
Bought by
Matthews Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,165
Interest Rate
5.57%
Mortgage Type
VA

Purchase Details

Closed on
Jun 23, 2000
Sold by
Miles Matthew T
Bought by
Santiago Adela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
8.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 1997
Sold by
Homeland Communities
Bought by
Miles Matthews T

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
Madden Michael $123,000 --
Mitchell Frank C -- --
Hud-Housing Of Urban Dev -- --
Georgia Hsng Finl Authority $136,961 --
Matthews Evelyn $136,600 --
Santiago Adela L $127,000 --
Miles Matthews T $88,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madden Michael $110,700
Previous Owner Mitchell Frank C $74,668
Previous Owner Matthews Evelyn $134,165
Previous Owner Santiago Adela L $128,155
Previous Owner Santiago Adela L $128,000
Closed Miles Matthews T $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2014 08/26/14 Sold $123,000 -5.4% $86 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $130,000 -- $91 / 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
2023 $3,442 $104,880 $16,000 $88,880
2022 $2,970 $92,520 $16,000 $76,520
2021 $2,289 $69,800 $11,600 $58,200
2020 $2,095 $63,400 $11,600 $51,800
2019 $2,536 $63,400 $11,600 $51,800
2018 $1,877 $56,680 $11,600 $45,080
2016 $1,555 $47,040 $11,600 $35,440
2015 $1,454 $36,440 $8,800 $27,640
2014 $1,229 $36,440 $8,800 $27,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5313402

First Multiple Listing Service (FMLS)

APN: 7-243-089