NOT LISTED FOR SALE

2735 Rustic Lake Terrace Cumming, GA 30041

Estimated Value: $910,755 - $1,097,000

4 Beds
3.5 Baths
3,368 Sq Ft
$300/Sq Ft Est. Value

Last Sold September 25, 2018

Last sale price $572,000 $170 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $6,088/month

55 Days on Market

Highlights

  • Newly Remodeled
  • Craftsman Architecture
  • Outdoor Fireplace
  • Haw Creek Elementary School Rated A
  • Private Lot
  • Wood Flooring

About This Home

As of September 2018

The Bellwood Plan at Echols Enclave by Southern Heritage Homes: B'ful 4 BR/3.5 BA Home with MASTER ON MAIN and an OPEN FLOOR PLAN complete a GOURMET KITCHEN, Spa-Style Master BA featuring an Oversized Tile Shower, Separate Soaking Tub, and Walk-In Closet. Home Features a LG Step-Up MEDIA RM, COVERED REAR PATIO with OUTDOOR FP, B'ful 5" HARDWOOD FLOORING and STAIN-GRADE STAIRS. Kitchen Features 42" PAINTED CABINETS, Gas Cooktop, and Cabinet Vent Hood. Quick Move-In!

Last Agent to Sell the Property

Tamra Wade

RE/MAX Tru License #214598 Listed on: 07/13/2018

RE/MAX Tru

Last Buyer's Agent

Michael Vaughan

Atlanta Communities License #360466

Atlanta Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,908

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 100 x 85
  • Cul-De-Sac
  • Landscaped
  • Private Lot
  • Level Lot
  • Irrigation Equipment

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 3,368 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 10 feet on the lower level
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Home Office
  • Loft
  • Pull Down Stairs to Attic
  • Security System Owned

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway Level

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Outdoor Features

  • Patio
  • Outdoor Fireplace
  • Front Porch

Location

  • Property is near schools

Schools

  • Haw Creek Elementary School
  • Lakeside - Forsyth Middle School
  • South Forsyth High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Community Details

  • $350 Initiation Fee
  • Echols Enclave Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 11 / A
  • Assessor Parcel Number 227 372

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,908

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Traditional
  • Property Condition: New Construction
  • Year Built: 2018
  • Levels Stories: Two
  • Special Features: NewHome
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Gas Log, Outside
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Disappearing Attic Stairs, Entrance Foyer, High Ceilings 9 ft Upper, High Ceilings 10 ft Lower, Walk-In Closet(s)
  • Kitchen Features: Cabinets White, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Loft, Office
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3368.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition, Ridge Vents
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Side, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security System Owned
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Community Features: Homeowners Assoc, Near Schools, Sidewalks, Street Lights
  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: Echols Enclave

Schools

  • Elementary School: Haw Creek
  • Middle School: Lakeside - Forsyth
  • High School: South Forsyth

Lot Info

  • Acres: 0.4200
  • Lot: 11
  • Land/Lot: 48
  • Section G M D: 1
  • Deed Book: 7592
  • Deed Page: 90
  • Lot Features: Cul-De-Sac, Landscaped, Level, Private
  • Lot Dimensions: 100 x 85
  • Parcel Number: 227 372
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat, Windows

Rental Info

  • Initiation Fee: 350

Tax Info

  • Taxes: 2908.00
  • Assessor Parcel Number: 227-000-372
  • Close Date: 2018-09-25
  • Tax Year: 2016

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Haw Creek
  • High School: South Forsyth
  • Middle School: Lakeside - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2018
Closed on
Sep 25, 2018
Sold by
Southern Heritage Home Builders Llc
Bought by
Vaughan Michael A and Shaw Dentis M
Seller's Agent
Tamra Wade
RE/MAX Tru
Buyer's Agent
Michael Vaughan
Atlanta Communities
List Price
$575,367
Sold Price
$572,000
Premium/Discount to List
-$3,367
-0.59%
Current Estimated Value
$1,019,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,689
Avg. Annual Appreciation
8.83%
Original Mortgage
$452,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Vaughan Michael A $572,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughan Michael A $524,000
Closed Vaughan Michael A $452,000
Closed Vaughan Michael A $91,400
Previous Owner Southern Heritage Home Builder $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2018 09/25/18 Sold $572,000 +2.1% $170 / Sq Ft
09/06/2018 09/06/18 Pending -- -- --
08/24/2018 08/24/18 Price Changed $560,367 -2.6% $166 / Sq Ft
07/13/2018 07/13/18 For Sale $575,367 -- $171 / 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 $7,767 $360,020 $60,000 $300,020
2023 $6,176 $300,792 $60,000 $240,792
2022 $5,513 $183,380 $40,000 $143,380
2021 $4,974 $183,380 $40,000 $143,380
2020 $4,757 $175,540 $40,000 $135,540
2019 $5,286 $194,420 $40,000 $154,420
2018 $4,026 $145,572 $32,000 $113,572
Source: Public Records

Agents Affiliated with this Home

  • Tamra Wade

    Seller's Agent in 2018

    Tamra Wade

    RE/MAX

    (770) 502-6232

    4 in this area

    2,948 Total Sales

    Section Image
  • Michael Vaughan

    Buyer's Agent in 2018

    Michael Vaughan

    Atlanta Communities

    (678) 469-6340

    3 in this area

    56 Total Sales

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6042513

First Multiple Listing Service (FMLS)

APN: 227-372

Georgia Forsyth County Cumming 30041

2735 Rustic Lake Terrace, Cumming, GA

This home is located at 2735 Rustic Lake Terrace, Cumming, GA 30041 since 13 July 2018 and is currently estimated at $1,011,439, approximately $300 per square foot. This property was built in 2018. 2735 Rustic Lake Terrace is a home located in Forsyth County with nearby schools including Haw Creek Elementary School, Lakeside Middle School, and South Forsyth High School.

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