NOT LISTED FOR SALE

2740 Port Bow Ln Cumming, GA 30041

Estimated Value: $459,000 - $509,000

3 Beds
2.5 Baths
1,994 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $492,000 $247 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,371/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Solid Surface Countertops
  • Mashburn Elementary School Rated A
  • High Ceiling
  • Community Pool

About This Home

As of May 2023

Welcome to this adorable home ! This traditional style home boasts an open floor plan with spacious rooms and loads of natural light. The family room greets you as you enter from the foyer, with beautiful windows and a fireplace. The island kitchen overlooks the family room and includes a breakfast area and Stainless steel appliances.The second floor features a spacious OwnerCOs Suite with a luxurious OwnerCOs shower and a large walk-in closet and two additional bedrooms.Located minutes from GA 400, this home Is convenient for shopping, Dining, Hospitals, Restaurants, Near Lake Lanier! North Cove is a master planned community with swim & tennis, sidewalks, community lawn, and playground. Ready for move in!

Last Agent to Sell the Property

Sekhar Thadiparthi

Sekhars Realty, Inc. License #351059 Listed on: 04/23/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,562

Year Built

  • Built in 2021

Lot Details

  • 3,049 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $255 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Roof
  • Brick Front

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • High Ceiling
  • Factory Built Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Vanity

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 231

Community Details

Overview

  • $1,700 Initiation Fee
  • Association fees include maintenance exterior, ground maintenance, swimming, tennis
  • North Cove Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,562

Year Built

Built in 2021

Lot Details

0

HOA Fees

$255 per month

Listing Details

  • Property Type: Residential
  • District: 14TH
  • Section: 1ST
  • Year Built: 2021
  • ArchitecturalStyle: Brick Front, Traditional
  • Main Level Half Bathrooms: 1
  • Co List Office: SEKH01
  • Financing Type: Conventional 90%
  • Levels: Two
  • Lot Size Acres: .07
  • Property Sub-Type: Townhouse
  • Structure Type: House
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Disposal
  • Bedrooms: 3
  • Basement: None
  • Interior Amenities: Tray Ceiling(s), High Ceilings, Double Vanity, Pulldown Attic Stairs
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Factory Built
  • Flooring: Hardwood, Carpet
  • Kitchen Features: Kitchen Island, Pantry, Solid Surface Counters
  • Window Features: Double Pane Windows

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Brick
  • ExteriorFeatures: Other
  • Lot Features: Level
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: Upper Level
  • Security Features: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 3060
  • Association: Yes
  • Community Features: Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)

Fee Information

  • Initiation Fee: 1700
  • Association Fee Includes: Maintenance Exterior, Maintenance Grounds, Swimming, Tennis

Schools

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

Lot Info

  • Land Lot: 76
  • Lot: 231
  • Deed Book: 10487
  • Deed Page: 727
  • Plat Book: 198
  • Plat Page: 130

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3562

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2023
Closed on
May 26, 2023
Sold by
Gaddam Madhu
Bought by
Suram Chander and Arori Shanthi Priya
Seller's Agent
Sekhar Thadiparthi
Sekhars Realty, Inc.
Buyer's Agent
Sekhar Thadiparthi
Sekhars Realty, Inc.
List Price
$495,000
Sold Price
$492,000
Premium/Discount to List
-$3,000
-0.61%
Views
58
Current Estimated Value
$497,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,280
Avg. Annual Appreciation
-0.53%
Original Mortgage
$456,000
Outstanding Balance
$445,979
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$40,354
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
Suram Chander $492,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suram Chander $456,000
Previous Owner Gaddam Madhu $298,665
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $492,000 -0.6% $247 / Sq Ft
04/30/2023 04/30/23 Pending -- -- --
04/23/2023 04/23/23 For Sale $495,000 -- $248 / Sq Ft
Source: Georgia MLS

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 $4,435 $187,480 $58,000 $129,480
2023 $4,366 $177,384 $48,000 $129,384
2022 $3,562 $25,200 $25,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Sekhar Thadiparthi

    Seller's Agent in 2023

    Sekhar Thadiparthi

    Sekhars Realty, Inc.

    (404) 808-9978

    52 in this area

    668 Total Sales

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Map

Source: Georgia MLS

MLS Number: 10152301

Georgia MLS

APN: 225-522

Georgia Forsyth County Cumming 30041

2740 Port Bow Ln, Cumming, GA

This home is located at 2740 Port Bow Ln, Cumming, GA 30041 since 23 April 2023 and is currently estimated at $485,064, approximately $243 per square foot. This property was built in 2021. 2740 Port Bow Ln 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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