NOT LISTED FOR SALE

2770 Rustic Lake Terrace Cumming, GA 30041

Estimated Value: $1,072,000 - $1,292,000

5 Beds
4 Baths
3,723 Sq Ft
$326/Sq Ft Est. Value

Last Sold July 23, 2019

Last sale price $525,000 $141 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $7,235/month

About This Home

As of July 2019

The Jacobs III Plan built by Southern Heritage Homes: Beautiful 5 Bdrm/4 Bath plan with 10' ceilings on the first floor. Open floor plan with Gourmet Kitchen and Spa Style Master Bath complete with Oversized Tile Shower, Frameless Shower Door and Separate Soaking Tub. Home features Large Bonus Room/Loft, Covered Porch, 42" Painted Kitchen Cabinets, Large Island, Double Ovens, Granite Countertops in Kitchen and All Baths, 5" Hardwood Floors and Stain Grade Stairs. MOVE-IN READY! PRICE REDUCED!Ask about the additonal $10k buyer incentive

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2022
Sold by
Laurino Charles N
Bought by
Plavets Kenneth and Plavets Karen
Current Estimated Value
$1,213,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$828,000
Outstanding Balance
$787,779
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$426,104

Purchase Details

Listed on
May 15, 2019
Closed on
Jul 23, 2019
Sold by
Southern Heritage Home Builders Llc
Bought by
Laurino Charles N and Laurino Theresa M
Seller's Agent
Tamra Wade
RE/MAX Tru
Buyer's Agent
Beth Nix
Atlanta Communities
List Price
$560,700
Sold Price
$525,000
Premium/Discount to List
-$35,700
-6.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.48%
Original Mortgage
$472,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2019
Sold by
Echols Road Llc
Bought by
Southern Heritage Home Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
4.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
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
Plavets Kenneth $1,150,000 --
Laurino Charles N $525,000 --
Southern Heritage Home Builders Llc $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plavets Kenneth $828,000
Previous Owner Laurino Charles N $472,500
Previous Owner Southern Heritage Home Builders Llc $365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2019 07/23/19 Sold $525,000 -4.7% $141 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
05/21/2019 05/21/19 Price Changed $550,700 -1.8% $148 / Sq Ft
05/15/2019 05/15/19 For Sale $560,700 -- $151 / Sq Ft

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 $9,238 $411,752 $72,000 $339,752
2024 $9,238 $417,656 $60,000 $357,656
2023 $8,942 $418,932 $60,000 $358,932
2022 $7,159 $245,092 $40,000 $205,092
2021 $6,544 $245,092 $40,000 $205,092
2020 $5,709 $210,000 $40,000 $170,000
2019 $1,106 $40,000 $40,000 $0
2018 $885 $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Tamra Wade

    Seller's Agent in 2019

    Tamra Wade

    RE/MAX

    (770) 502-6232

    4 in this area

    2,870 Total Sales

    Tamra Wade
    Section Image
  • Beth Nix

    Buyer's Agent in 2019

    Beth Nix

    Atlanta Communities

    (404) 375-2631

    88 Total Sales

    Beth Nix
    Section Image
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Map

Georgia Forsyth County Cumming 30041

2770 Rustic Lake Terrace, Cumming, GA

This home is located at 2770 Rustic Lake Terrace, Cumming, GA 30041 and is currently estimated at $1,213,883, approximately $326 per square foot. 2770 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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