NOT LISTED FOR SALE

2555 Gatewater Ct Cumming, GA 30040

Estimated Value: $403,000 - $441,000

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

Last Sold January 31, 2020

Last sale price $245,000 $149 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,621/month

Highlights

  • Gated Community
  • Clubhouse
  • Oversized primary bedroom
  • George W. Whitlow Elementary School Rated A
  • Rural View
  • Traditional Architecture

About This Home

As of January 2020

Beautiful 2-story home with 3 BR & 2.5 BA in a charming gated community. Excellent location just minutes from GA 400 and 141; close proximity to shopping & dining. Newer roof & HVAC. Open family room boasts a high ceiling and fireplace with tons of natural light! Kitchen has open views to dining & family room. Enjoy the patio in your private,fenced backyard with a level lot ready for your landscaping touch! Kitchen features granite counters. Well-placed storage closets throughout house. Swim, fitness, clubhouse & front lawn care included in HOA.

Last Agent to Sell the Property

Jerome Furman

NOT A VALID MEMBER License #389641 Listed on: 11/12/2019

NOT A VALID MEMBER

Last Buyer's Agent

Aris Safoutin

Keller Williams North Atlanta License #336528

Keller Williams North Atlanta

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,213

Year Built

  • Built in 2005

Lot Details

  • 3,920 Sq Ft Lot
  • Property fronts a state road
  • Private Entrance
  • Level Lot
  • Private Yard

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,648 Sq Ft Home
  • 2-Story Property
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Family Room
  • Rural Views
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Oversized primary bedroom
  • Walk-In Closet

Schools

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

Additional Features

  • Shed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 106 378

Community Details

Overview

  • $150 Initiation Fee
  • Cma Association, Phone Number (404) 835-9100
  • Stonebrook Commons Subdivision
  • Rental Restrictions

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,213

Year Built

Built in 2005

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: 2005
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Factory Built, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Refrigerator, Microwave
  • Interior Amenities: Walk-In Closet(s)
  • Kitchen Features: Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Square Footage: 1648.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Oversized Master
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1

Exterior Features

  • Other Structures: Shed(s)
  • Construction Materials: Stone, Vinyl Siding
  • Roof Type: Composition
  • Exterior Features: Private Yard, Private Front Entry, Storage
  • View: Rural

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Sewer, Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Gated, Homeowners Assoc, Street Lights
  • Association Fee: 1140
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 404-835-9100
  • Subdivision Complex: Stonebrook Commons

Association/Amenities

  • Management Company: CMA

Schools

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

Lot Info

  • Acres: 0.0900
  • Deed Book: 4096
  • Deed Page: 477
  • Lot Features: Level
  • Parcel Number: 106 378
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 150

Tax Info

  • Taxes: 2213.00
  • Assessor Parcel Number: 106 378
  • Close Date: 2020-01-31
  • Tax Year: 2018

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
Nov 12, 2019
Closed on
Jan 31, 2020
Sold by
Boyd Cynthia
Bought by
Blokzyl Mark Robert
Seller's Agent
Jerome Furman
NOT A VALID MEMBER
Buyer's Agent
Aris Safoutin
Keller Williams North Atlanta
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%
Current Estimated Value
$426,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,489
Avg. Annual Appreciation
10.18%
Original Mortgage
$185,000
Outstanding Balance
$164,177
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$262,312

Purchase Details

Closed on
Dec 16, 2005
Sold by
R H Developments Llc
Bought by
Boyd Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,942
Interest Rate
6.29%
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
Blokzyl Mark Robert $245,000 --
Boyd Cynthia $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blokzyl Mark Robert $185,000
Previous Owner Boyd Cynthia $143,942
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $245,000 -3.9% $149 / Sq Ft
01/12/2020 01/12/20 Pending -- -- --
01/02/2020 01/02/20 Price Changed $255,000 -3.8% $155 / Sq Ft
11/12/2019 11/12/19 For Sale $265,000 -- $161 / 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 $3,269 $161,500 $66,000 $95,500
2024 $3,269 $154,832 $66,000 $88,832
2023 $2,871 $152,956 $60,000 $92,956
2022 $3,038 $98,000 $30,840 $67,160
2021 $2,592 $98,000 $30,840 $67,160
2020 $2,613 $94,616 $32,000 $62,616
2019 $2,322 $89,868 $32,000 $57,868
2018 $2,213 $84,360 $32,000 $52,360
2017 $2,118 $79,472 $32,000 $47,472
2016 $1,984 $71,472 $24,000 $47,472
2015 $1,820 $65,472 $18,000 $47,472
2014 $1,472 $55,604 $18,000 $37,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6645584

First Multiple Listing Service (FMLS)

APN: 106-378