NOT LISTED FOR SALE

2550 Laurel Gate Ln Cumming, GA 30040

Estimated Value: $521,000 - $546,000

3 Beds
2.5 Baths
2,618 Sq Ft
$204/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $515,000 $197 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,520/month

4 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Clubhouse
  • Sawnee Elementary School Rated A
  • View of Trees or Woods
  • Oversized primary bedroom

About This Home

As of September 2023

Experience the epitome of low-maintenance living at Stablegate, nestled within the prestigious Mountain Crest community! Step into this charming gated townhome, where convenience meets elegance. This END unit boasts an owner's suite on the main floor, providing both privacy and accessibility. Ascend to the upper level to discover two generously-sized bedrooms accompanied by a spacious bonus room, perfect for various purposes.

The heart of this home is its expansive open floor plan, seamlessly connecting the kitchen and family room. The kitchen is a culinary enthusiast's dream, featuring a sizable island that invites interaction and creativity. Adorned with sleek white cabinetry, complemented by granite countertops, stainless steel appliances, and a gas stove, this kitchen is both stylish and functional. A walk-in pantry ensures ample storage for your culinary treasures.

In the living room, a gas fireplace adds warmth and character, creating an inviting ambiance. French doors lead to a separate room, adaptable to your preferences as a dignified dining area or a productive home office. Transition seamlessly from indoor to outdoor living through a doorway that opens to your private fenced backyard—a serene retreat for relaxation and gatherings.

Embrace a carefree lifestyle, as the monthly HOA fee covers exterior maintenance, weekly lawn care, and trash services. Beyond your doorstep, the Mountain Crest community boasts a wealth of resort-style amenities. Enjoy a stately clubhouse, a Jr. Olympic swimming pool, six well-lit tennis courts, and two pickleball courts. Engage in a variety of community activities orchestrated by an onsite lifestyle director.

Nestled within 5 miles of the 400 highway, this location offers effortless commuting. Nearby, you'll find esteemed hospitals, top-tier Forsyth schools, and an array of shopping and dining options. Explore retail therapy at The Collection and Halcyon, or discover the new Cumming Town center.

This is more than a home; it's an invitation to a vibrant, low-maintenance lifestyle. Seize the opportunity to call Stablegate at Mountain Crest your own!

Last Agent to Sell the Property

Nancy Fogg

Polo Realty, Inc. License #353396 Listed on: 08/15/2023

Last Buyer's Agent

Vishnu Katekaneni

Nathan's Realty License #318164

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,607

Year Built

  • Built in 2018

Lot Details

  • 5,227 Sq Ft Lot
  • End Unit
  • Privacy Fence
  • Back Yard Fenced

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,618 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Electric Fireplace
  • Insulated Windows
  • Formal Dining Room
  • Bonus Room
  • Views of Woods
  • Security Gate

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry in Hall
  • Laundry on lower level

Outdoor Features

  • Patio

Location

  • Property is near schools
  • Property is near shops

Schools

  • Sawnee Elementary School
  • Hendricks Middle School
  • Forsyth Central High School

Utilities

  • Central Heating and Cooling System
  • 110 Volts
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 078   740

Community Details

Overview

  • $3,000 Initiation Fee
  • Stablegate At Mountain Crest Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse
  • Meeting Room

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,607

Year Built

Built in 2018

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: 3-1 1137 LT 20 STABLEGATE AT MOUNTAIN CREST
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2018
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Electric, Factory Built
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Cooktop, Gas Oven
  • Interior Amenities: Double Vanity, High Ceilings 10 ft Main
  • Kitchen Features: Cabinets White, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: End Unit
  • Additional Rooms: Bonus Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2618.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Oversized Master
  • Main Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Shower Only

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition, Shingle
  • Fencing: Back Yard, Fenced, Privacy
  • Patio And Porch Features: Patio
  • View: Trees/Woods
  • Foundation: Slab

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Driveway, Garage, Garage Door Opener, Garage Faces Front, Kitchen Level

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security Gate
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: In Hall, Lower Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Fitness Center, Gated, Homeowners Assoc, Meeting Room, Near Schools, Near Shopping, Near Trails/Greenway, Pickleball, Playground, Pool, Tennis Court(s)
  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Subdivision Complex: Stablegate at Mountain Crest

Association/Amenities

  • Number Of Units In Community: 1

Schools

  • Elementary School: Sawnee
  • Middle School: Hendricks
  • High School: Forsyth Central

Lot Info

  • Acres: 0.1200
  • Lot: 20
  • Land/Lot: 1137
  • Deed Book: 8762
  • Deed Page: 435
  • Lot Features: Back Yard, Level
  • Lot Dimensions: x 0
  • Parcel Number: 078   740
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 3000

Tax Info

  • Taxes: 3607.00
  • Assessor Parcel Number: 078-000-740
  • Close Date: 2023-09-18
  • Tax Year: 2022

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Sawnee
  • High School: Forsyth Central
  • Middle School: Hendricks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Sep 18, 2023
Sold by
Fogg Nancy and Fogg Sarah Elizabeth
Bought by
Nellipudi Soma Kiran Kumar
Seller's Agent
Nancy Fogg
Polo Realty, Inc.
Buyer's Agent
Vishnu Katekaneni
Nathan's Realty
List Price
$515,000
Sold Price
$515,000
Views
13
Current Estimated Value
$534,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,405
Avg. Annual Appreciation
1.81%
Original Mortgage
$463,500
Outstanding Balance
$423,727
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$110,678

Purchase Details

Closed on
Dec 21, 2018
Sold by
Fogg Sarah Elizabeth
Bought by
Fogg Sarah Elizabeth and Fogg Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,380
Interest Rate
4.8%
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
Nellipudi Soma Kiran Kumar $515,000 None Listed On Document
Fogg Sarah Elizabeth -- --
Fogg Sarah Elizabeth $293,380 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nellipudi Soma Kiran Kumar $463,500
Previous Owner Fogg Sarah Elizabeth $233,380
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2023 09/18/23 Sold $515,000 0.0% $197 / Sq Ft
08/19/2023 08/19/23 Pending -- -- --
08/15/2023 08/15/23 For Sale $515,000 -- $197 / 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 $4,741 $204,908 $62,000 $142,908
2024 $4,741 $200,956 $58,000 $142,956
2023 $3,615 $187,556 $56,000 $131,556
2022 $3,607 $121,564 $32,000 $89,564
2021 $3,212 $121,564 $32,000 $89,564
2020 $2,992 $111,616 $32,000 $79,616
2019 $3,054 $113,696 $32,000 $81,696
2018 $885 $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7261817

First Multiple Listing Service (FMLS)

APN: 078-740