$480,000
SOLD MAR 28, 2023

2778 Middlecreek Way Unit 701 Cumming, GA 30041

3 Beds
3 Baths
2,088 Sq Ft
$380/mo HOA Fee

Recently Sold

$230 Per Sq Ft

3% Below List Price

58 Days on Market

Highlights

  • Fitness Center
  • Open-Concept Dining Room
  • Oversized primary bedroom
  • Mashburn Elementary School Rated A
  • Catering Kitchen
  • Traditional Architecture

About This Home

As of October 2024

$20K PRICE REDUCTION AND WELL BELOW RECENT SALES AND PENDING SALES IN WELLSTONE AS SELLER IS HIGHLY MOTIVATED! FAVORABLE SELLER FINANCING AVAILABLE! This amazing 55+ community is well located near shopping/restaurants in sought after Forsyth County. Community includes a 5,000 sf clubhouse with amenities including a full size kitchen, billiards, fitness center, library, piano and a salt water pool. This 3 bedroom and 3 full bath home includes master on main and an open concept kitchen with marble countertops and hardwoods throughout with new carpets in bedrooms. The condo has been well kept and is "MOVE-IN" ready with freshly painted walls throughout. Ample storage space located in the attic which is accessible via a door from upper bedroom.

Last Agent to Sell the Property

Preston McFarland

McFarland Realty License #259603 Listed on: 01/05/2023

Last Buyer's Agent

Barbara Dumont

Keller Williams Realty Community Partners License #306201

Keller Williams Realty Community Partners

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,276

Year Built

  • Built in 2013

Lot Details

  • End Unit
  • Landscaped

HOA Fees

  • Property has a Home Owners Association

Parking

  • 2 Car Attached Garage
  • Driveway Level

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,088 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Open-Concept Dining Room
  • Keeping Room

Kitchen

  • Open to Family Room
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry in Hall
  • Laundry on main level
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen
  • Accessible Hallway
  • Accessible Entrance

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 110 Volts
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Property is near shops

Listing and Financial Details

  • Assessor Parcel Number 173 353

Community Details

Overview

  • Wellstone Subdivision
  • FHA/VA Approved Complex

Amenities

  • Catering Kitchen
  • Clubhouse
  • Business Center

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,276

Year Built

Built in 2013

Lot Details

0

HOA Fees

$380 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: 2-1 283 BLDG 7 UN 701 PH 10 WELLSTONE @ MIDDLECREEK CONDO
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2013
  • Accessibility Features: Accessible Bedroom, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Self Cleaning Oven, Washer
  • Interior Amenities: Entrance Foyer, High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Keeping Room, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: End Unit
  • Additional Rooms: Living Room, Other
  • Dining Room Features: Open Concept
  • Square Footage: 2088.00
  • Spa Features: Community
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Oversized Master
  • Main Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Shower Only

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Patio And Porch Features: Covered, Patio
  • Foundation: Slab

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Driveway, Garage, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air, Natural Gas
  • Laundry Features: In Hall, Laundry Room, Main Level, Mud Room
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: 110 Volts, 220 Volts in Laundry

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Maintenance Grounds, Pest Control, Reserve Fund, Swim/Tennis, Termite, Trash
  • Community Features: Business Center, Catering Kitchen, Clubhouse, Fitness Center, Homeowners Assoc, Near Shopping, Pool, Street Lights
  • F H A Condo Approval: Yes
  • Master Association Fee: 380
  • Master Association Fee Frequency: Monthly
  • Association: Yes
  • Subdivision Complex: Wellstone

Association/Amenities

  • Number Of Units In Community: 1

Schools

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

Lot Info

  • Acres: 0.0531
  • Lot Features: Landscaped
  • Lot Dimensions: x
  • Parcel Number: 173 353
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 4276.00
  • Assessor Parcel Number: 173-000-353
  • Close Date: 2023-03-28
  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Mar 28, 2023
Sold by
Mcfarland Properties Inc
Bought by
Fairbairn Scott and Fairbairn Keri
Seller's Agent
Preston McFarland
McFarland Realty
Buyer's Agent
Barbara Dumont
Keller Williams Realty Community Partners
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%
Total Days on Market
58
Views
293
Current Estimated Value
$522,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,390
Avg. Annual Appreciation
3.96%
Original Mortgage
$312,000
Outstanding Balance
$264,269
Interest Rate
6.32%
Mortgage Type
Seller Take Back
Estimated Equity
$258,121
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 Type Sale Price Title Company
Special Warranty Deed $480,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $312,000 Seller Take Back
Previous Owner $150,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Sold $515,000 0.0% $247 / Sq Ft
09/30/2024 09/30/24 Off Market $515,000 -- --
09/09/2024 09/09/24 Pending -- -- --
07/21/2024 07/21/24 Price Changed $529,000 -3.6% $253 / Sq Ft
07/02/2024 07/02/24 Price Changed $549,000 -2.0% $263 / Sq Ft
06/10/2024 06/10/24 Price Changed $560,000 -3.4% $268 / Sq Ft
05/09/2024 05/09/24 For Sale $579,900 +20.8% $278 / Sq Ft
03/28/2023 03/28/23 Sold $480,000 +1.1% $230 / Sq Ft
03/04/2023 03/04/23 Pending -- -- --
02/02/2023 02/02/23 Price Changed $475,000 -2.1% $227 / Sq Ft
01/21/2023 01/21/23 Price Changed $485,000 -2.0% $232 / Sq Ft
01/05/2023 01/05/23 For Sale $495,000 -- $237 / 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 $4,708 $192,000 $60,760 $131,240
2023 $4,879 $198,220 $56,000 $142,220
2022 $4,276 $147,004 $44,000 $103,004
2021 $4,059 $147,004 $44,000 $103,004
2020 $4,034 $146,096 $44,000 $102,096
2019 $3,848 $139,144 $28,000 $111,144
2018 $3,573 $129,196 $28,000 $101,196
2017 $3,722 $134,108 $28,000 $106,108
2016 $3,599 $129,668 $20,000 $102,748
2015 $3,239 $116,508 $0 $0
2014 $2,611 $98,628 $20,000 $78,628
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7159205

First Multiple Listing Service (FMLS)

APN: 173-353