NOT LISTED FOR SALE

2650 Brook Valley Dr Cumming, GA 30041

Estimated Value: $216,000 - $368,000

2 Beds
1 Bath
720 Sq Ft
$427/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $38,000 $53 Per Sq Ft

Est. 709% increase in value since last sale

Current estimated payment $1,915/month

14 Days on Market

Highlights

  • Lake Front
  • Open-Concept Dining Room
  • Private Lot
  • Mashburn Elementary School Rated A
  • Wood Burning Stove
  • Wooded Lot

About This Home

As of March 2013

HUD HOME FOR SALE 'AS-IS'. INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED. SELLING BROKER TO VERIFY ALL INFORMATION. BIDS OVER 'AS-IS' VALUE W/FHA REQUIRES CASH PAID AT CLOSING FOR OVERBID AMOUNT. EQUAL HOUSING OPPORTUNITY. CASE# 101-885249. FHA FINANCING: IE(INSURED ESCROW) $1678. FSM: CWIS LLC

Last Agent to Sell the Property

Thomas Posey

Domain Realty, Inc. License #144363 Listed on: 12/12/2012

Last Buyer's Agent

Maria Soltau

HomeSmart License #335778

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $592

Year Built

  • Built in 1965

Lot Details

  • Lake Front
  • Fenced
  • Private Lot
  • Sloped Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Roommate Plan
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Screened Porch
  • Carpet

Kitchen

  • Open to Family Room
  • Electric Range
  • Laminate Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Exterior Basement Entry
  • Crawl Space
  • Natural lighting in basement

Parking

  • Parking Pad
  • Driveway

Outdoor Features

  • Outbuilding

Schools

  • Mashburn Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Septic Tank

Community Details

  • Lanier Country Club Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2650BrookValleyDR

Home Details

Home Type

Single Family

Est. Annual Taxes

$592

Year Built

Built in 1965

Lot Details

0

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: 1965
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Family Room, Masonry, Wood Burning Stove
  • Number Of Fireplaces: 1
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Interior Amenities: Cathedral Ceiling(s)
  • Basement: Crawl Space, Daylight, Exterior Entry
  • Kitchen Features: Cabinets White, Laminate Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Open Concept
  • Square Footage: 720.00

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Roommate Floor Plan
  • Main Bedrooms: 2
  • Total Full Baths: 1
  • Main Full Bathrooms: 1

Exterior Features

  • Other Structures: Outbuilding
  • Construction Materials: Frame
  • Roof Type: Composition
  • Lake Name: Lanier
  • Fencing: Fenced
  • Patio And Porch Features: Front Porch, Screened

Garage/Parking

  • Parking Features: Driveway, Parking Pad

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Lanier Country Club Estates

Schools

  • Elementary School: Mashburn
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Deed Book: 6466
  • Deed Page: 160
  • Lot Features: Private, Sloped, Wooded
  • Lot Dimensions: 0.32AC
  • Parcel Number: 2650BrookValleyDR
  • Property Attached Yn: No

Tax Info

  • Taxes: 592.00
  • Assessor Parcel Number: 224-000-092
  • Close Date: 2013-03-15
  • Tax Year: 2011

Multi Family

  • Waterfront Features: Lake

MLS Schools

  • Elementary School: Mashburn
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2012
Closed on
Mar 15, 2013
Sold by
Housing And Urban Developm
Bought by
Martinez Ma De Lourdes Mart
Seller's Agent
Thomas Posey
Domain Realty, Inc.
Buyer's Agent
Maria Soltau
HomeSmart
List Price
$42,000
Sold Price
$38,000
Premium/Discount to List
-$4,000
-9.52%
Total Days on Market
14
Current Estimated Value
$307,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,504
Avg. Annual Appreciation
18.51%
Original Mortgage
$40,270
Outstanding Balance
$28,534
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$274,192

Purchase Details

Closed on
Jul 3, 2012
Sold by
First Horizon Home Loans
Bought by
Housing And Urban Development

Purchase Details

Closed on
Jun 21, 1999
Sold by
Riley James T
Bought by
Bridges Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,950
Interest Rate
7.66%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 1993
Sold by
Hamby Oltheia
Bought by
Riley James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
7.39%
Source: Public Records

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Range of Values:

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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
Martinez Ma De Lourdes Mart $38,000 --
Housing And Urban Development $70,900 --
First Horizon Home Loans $70,900 --
Bridges Justin $77,000 --
Riley James T $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Ma De Lourdes Mart $40,270
Previous Owner Bridges Justin $75,950
Previous Owner Riley James T $70,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2013 03/15/13 Sold $38,000 -9.5% $53 / Sq Ft
12/26/2012 12/26/12 Pending -- -- --
12/12/2012 12/12/12 For Sale $42,000 -- $58 / 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
2024 $2,310 $94,200 $54,000 $40,200
2023 $1,954 $79,400 $40,000 $39,400
2022 $1,649 $51,784 $24,000 $27,784
2021 $1,430 $51,784 $24,000 $27,784
2020 $1,246 $45,104 $16,000 $29,104
2019 $1,232 $44,544 $18,000 $26,544
2018 $915 $33,104 $18,000 $15,104
2017 $853 $30,744 $18,000 $12,744
2016 $798 $28,744 $16,000 $12,744
2015 $688 $24,744 $12,000 $12,744
2014 $402 $15,200 $8,000 $7,200
Source: Public Records

Agents Affiliated with this Home

  • Thomas Posey

    Seller's Agent in 2013

    Thomas Posey

    Domain Realty, Inc.

    (404) 406-4026

    1 in this area

    11 Total Sales

    Thomas Posey
    Section Image

  • M

    Buyer's Agent in 2013

    Maria Soltau

    HomeSmart

    (404) 281-9590

    2 in this area

    19 Total Sales

    Maria Soltau
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5091193

First Multiple Listing Service (FMLS)

APN: 224-092

Georgia Forsyth County Cumming 30041

2650 Brook Valley Dr, Cumming, GA

This home is located at 2650 Brook Valley Dr, Cumming, GA 30041 since 12 December 2012 and is currently estimated at $307,504, approximately $427 per square foot. This property was built in 1965. 2650 Brook Valley Dr is a home located in Forsyth County with nearby schools including Mashburn Elementary School, Lakeside Middle School, and Forsyth Central High School.

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