Seller's Agent in 2019
Tamra Wade
RE/MAX
(770) 502-6232
4 in this area
2,869 Total Sales
2770 Rustic Lake Terrace Cumming, GA 30041
5
Beds
4
Baths
3,723
Sq Ft
0.53
Acres
Highlights
- New Construction
- Private Lot
- Traditional Architecture
- Haw Creek Elementary School Rated A
- Wooded Lot
- Wood Flooring
About This Home
As of July 2019The 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
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,238
Year Built
- Built in 2019 | New Construction
Lot Details
- 0.53 Acre Lot
- Cul-De-Sac
- Landscaped
- Private Lot
- Level Lot
- Wooded Lot
HOA Fees
- $29 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway Level
Home Design
- Traditional Architecture
- Ridge Vents on the Roof
- Composition Roof
- Cement Siding
Interior Spaces
- 3,723 Sq Ft Home
- 2-Story Property
- Tray Ceiling
- Ceiling height of 10 feet on the main level
- Ceiling Fan
- Gas Log Fireplace
- Insulated Windows
- Family Room with Fireplace
- Living Room
- Breakfast Room
- Formal Dining Room
- Loft
- Game Room
- Pull Down Stairs to Attic
- Laundry on upper level
Kitchen
- Open to Family Room
- Walk-In Pantry
- Double Oven
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Stone Countertops
- White Kitchen Cabinets
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
- Soaking Tub
Eco-Friendly Details
- Energy-Efficient Windows
- Energy-Efficient Thermostat
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
- 110 Volts
- Gas Water Heater
- Cable TV Available
Additional Features
- Covered Patio or Porch
- Property is near schools
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 7 / O
- Assessor Parcel Number 227 368
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
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $1,150,000 | -- | |
| Warranty Deed | $525,000 | -- | |
| Warranty Deed | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $828,000 | New Conventional | |
| Previous Owner | $472,500 | New Conventional | |
| Previous Owner | $365,000 | New Conventional |
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 |
Source: First Multiple Listing Service (FMLS)
Tax History Compared to Growth
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
-
Beth Nix
Buyer's Agent in 2019
Beth Nix
Atlanta Communities
(404) 375-2631
88 Total Sales
Map
Source: First Multiple Listing Service (FMLS)
MLS Number: 6553384
APN: 227-368
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