NOT LISTED FOR SALE

2840 Admiral Bay Dr Cumming, GA 30041

Estimated Value: $745,000 - $816,000

5 Beds
4.5 Baths
-- Sq Ft
0.26 Acres

Last Sold August 12, 2020

Last sale price $448,500

Est. 75% increase in value since last sale

Current estimated payment $4,885/month

90 Days on Market

Highlights

  • Colonial Architecture
  • Clubhouse
  • Wood Flooring
  • Mashburn Elementary School Rated A
  • Great Room with Fireplace
  • Loft

About This Home

As of August 2020

Come see Pulte's new community across from Lake Lanier! Minutes away from GA-400 & great shopping. North Cove is a master planned community with swim & tennis, sidewalks, community lawn & playground. The popular Riverton will be move-in ready in May! Home features a large kitchen with granite countertops, 5 burner gas range & walk in pantry. Large guest suite with full bath on main level. Enjoy quiet time or a movie in the second-floor loft.Offering $5,000 toward closing costs with preferred lender.

Last Agent to Sell the Property

Brandon Carter

DRB Group Georgia, LLC License #287014 Listed on: 04/24/2020

Last Buyer's Agent

Thomas Varughese

Virtual Properties Realty.com License #207861

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,967

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 0.26 Acre Lot
  • Property fronts a private road
  • Level Lot

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Composition Roof
  • Shingle Siding
  • Brick Front

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Loft
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Patio

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 254
  • Assessor Parcel Number 199 440

Community Details

Overview

  • $750 Initiation Fee
  • Fiedston Realty Association, Phone Number (404) 596-5273
  • Secondary HOA Phone (404) 596-5273
  • North Cove Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,967

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Property Condition: Under Construction
  • Year Built: 2020
  • Levels Stories: Two
  • Special Features: NewHome

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Gas Log, Gas Starter, Great Room
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Double Vanity, High Ceilings 9 ft Main, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Loft
  • Dining Room Features: Separate Dining Room
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: In-Law Suite/Apartment
  • Main Bedrooms: 1
  • Total Bathrooms: 5
  • Total Full Baths: 4
  • 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: Brick Front, Shingle Siding
  • Roof Type: Composition
  • Patio And Porch Features: Patio

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Zoned
  • Heating: Natural Gas, Zoned
  • Laundry Features: Laundry Room, Mud Room, Upper Floor
  • Utilities: Underground Utilities
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Trash
  • Community Features: Clubhouse, Homeowners Assoc, Park, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Hoa Contact Phone: 404-596-5273
  • Home Warranty: Yes
  • Management Phone: 404-596-5273
  • Subdivision Complex: North Cove

Association/Amenities

  • Management Company: Fiedston Realty

Schools

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

Lot Info

  • Acres: 0.2600
  • Lot: 254
  • Land/Lot: 216-217
  • Section G M D: 1
  • Plat Book: 186
  • Plat Page: 53
  • Lot Features: Level
  • Parcel Number: 199 440
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 750

Tax Info

  • Assessor Parcel Number: 199-000-440
  • Close Date: 2020-08-12
  • Tax Year: 2020

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Mashburn
  • High School: Forsyth Central
  • Middle School: Lakeside - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2020
Closed on
Aug 12, 2020
Sold by
Pulte Home Co Llc
Bought by
Mohanty Saswat Kumar
Seller's Agent
Brandon Carter
DRB Group Georgia, LLC
Buyer's Agent
Thomas Varughese
Virtual Properties Realty.com
List Price
$436,462
Sold Price
$448,500
Premium/Discount to List
$12,038
2.76%
Current Estimated Value
$784,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,874
Avg. Annual Appreciation
10.29%
Original Mortgage
$426,075
Outstanding Balance
$381,531
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$355,999
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
Mohanty Saswat Kumar $448,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohanty Saswat Kumar $426,075
Closed Mohanty Saswat Kumar $426,075
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2020 08/12/20 Sold $448,500 -0.3% --
07/23/2020 07/23/20 Pending -- -- --
05/14/2020 05/14/20 Price Changed $449,990 -2.7% --
04/24/2020 04/24/20 Price Changed $462,436 +6.0% --
04/24/2020 04/24/20 For Sale $436,462 -- --
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 $6,967 $284,124 $64,000 $220,124
2023 $6,264 $254,484 $52,000 $202,484
2022 $5,333 $173,968 $38,400 $135,568
2021 $4,804 $173,968 $38,400 $135,568
2020 $1,270 $46,000 $46,000 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Brandon Carter

    DRB Group Georgia, LLC

    (404) 777-0267

    12 in this area

    360 Total Sales

    Brandon Carter
    Section Image

  • T

    Buyer's Agent in 2020

    Thomas Varughese

    Virtual Properties Realty

    (770) 495-5050

    9 Total Sales

    Thomas Varughese
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6714335

First Multiple Listing Service (FMLS)

APN: 199-440

Georgia Forsyth County Cumming 30041

2840 Admiral Bay Dr, Cumming, GA

This home is located at 2840 Admiral Bay Dr, Cumming, GA 30041 since 24 April 2020 and is currently estimated at $784,374. This property was built in 2020. 2840 Admiral Bay Dr 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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