NOT LISTED FOR SALE

2875 Admiral Bay Dr Cumming, GA 30041

Estimated Value: $741,136 - $809,000

5 Beds
4.5 Baths
3,500 Sq Ft
$221/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $577,302 $165 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,705/month

Highlights

  • Separate his and hers bathrooms
  • Craftsman Architecture
  • Clubhouse
  • Mashburn Elementary School Rated A
  • Dining Room Seats More Than Twelve
  • Deck

About This Home

As of October 2021

ABSOLUTELY Gorgeous New Construction RENTAL! This 5 bed/4.5 bath home has all the Bells and Whistles! Rich Hardwoods on main level, Enormous Family Rm w/lots of natural light! Chef Kitchen w/Granite, SS Appl & Walk-in Pantry. Small Office Nook, Sunroom and Mudroom. 2 Porches on front & deck in back. Upper Loft area. Laundry Rm w/sink, Master's Retreat w/2 Closets. Big Shower.Dbl Vanity. Large secondary rooms w/walk in Closets. Bedroom on the main level w/pvt bath. UNFINISHED BASEMENT. Comm Clubhouse w/pool,tennis and playground! Lake Lanier nearby! This is a must see!

Last Agent to Rent the Property

Sekhar Thadiparthi

Sekhars Realty, LLC. License #351059 Listed on: 10/06/2021

Co-Listed By

Kecia Harris

Sekhars Realty, LLC. License #322368

Last Renter's Agent

Kecia Harris

Sekhars Realty, LLC. License #322368

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,269

Year Built

  • Built in 2021

Lot Details

  • Landscaped
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Composition Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Computer Room
  • Loft
  • Sun or Florida Room

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Dual Closets
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on upper level

Unfinished Basement

  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Location

  • Property is near shops

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • 12 Month Lease Term
  • $50 Application Fee
  • Assessor Parcel Number 199 453

Community Details

Overview

  • Property has a Home Owners Association
  • Application Fee Required
  • North Cove Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,269

Year Built

Built in 2021

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Cable TV, Electricity, Gas, Security, Telephone, Trash Collection, Water
  • Lease Term: 12 Months
  • Per Adult Dollar: 50.00
  • Per Family Dollar: 100.00
  • Reservation Deposit: 3500.00
  • Application Fee Per Adult: Yes
  • Application Fee Per Family: Yes
  • Deposit Required: Security

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Traditional
  • Year Built: 2021
  • Levels Stories: Two
  • Special Features: NewHome

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Double Vanity, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Unfinished
  • Kitchen Features: Breakfast Room, Cabinets Stain, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Computer Room, Family Room, Living Room, Loft, Office, Sun Room
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 3500.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Oversized Master
  • 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 His/Hers, Shower Only

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Front Porch, Patio

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Assigned, Attached, Garage, Garage Door Opener

Utilities

  • Security: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Natural Gas
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Clubhouse, Homeowners Assoc, Near Shopping, Playground, Pool, Tennis Court(s)
  • Management: Owner Managed
  • Subdivision Complex: North Cove

Schools

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

Lot Info

  • Lot Features: Back Yard, Front Yard, Landscaped
  • Parcel Number: 199 453
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 199-000-453
  • Close Date: 2021-10-25

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
Oct 6, 2021
Closed on
Sep 30, 2021
Sold by
Pulte Home Co Llc
Bought by
Gaba Avinash S
Seller's Agent
Sekhar Thadiparthi
Sekhars Realty, LLC.
Buyer's Agent
Kecia Harris
Sekhars Realty, LLC.
Sold Price
$3,500
Current Estimated Value
$773,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$769,534
Avg. Annual Appreciation
7.57%
Original Mortgage
$461,841
Outstanding Balance
$421,156
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$351,878
Source: Public Records

Range of Values:

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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
Gaba Avinash S $577,302 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaba Avinash S $461,841
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Rented $3,500 0.0% --
10/06/2021 10/06/21 For Rent $3,500 0.0% --
09/30/2021 09/30/21 Sold $577,302 +11.8% $239 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
10/10/2020 10/10/20 Price Changed $516,140 +4.9% $214 / Sq Ft
07/07/2020 07/07/20 For Sale $492,140 -- $204 / 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
2025 $7,269 $352,288 $66,000 $286,288
2024 $7,269 $296,448 $64,000 $232,448
2023 $6,617 $268,820 $52,000 $216,820
2022 $5,431 $38,400 $38,400 $0
2021 $1,060 $38,400 $38,400 $0
2020 $1,270 $46,000 $46,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Sekhar Thadiparthi

    Landlord's Agent in 2021

    Sekhar Thadiparthi

    Sekhars Realty, LLC.

    (404) 808-9978

    50 in this area

    656 Total Sales

    Sekhar Thadiparthi
    Section Image

  • B

    Seller's Agent in 2021

    Brandon Carter

    DRB Group Georgia, LLC

    (404) 777-0267

    12 in this area

    353 Total Sales

    Brandon Carter
    Section Image
  • Kecia Harris

    Landlord's Co-Listing Agent in 2021

    Kecia Harris

    Sekhars Realty, LLC.

    (404) 518-5196

    10 Total Sales

    Kecia Harris
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6953110

First Multiple Listing Service (FMLS)

APN: 199-453

Georgia Forsyth County Cumming 30041

2875 Admiral Bay Dr, Cumming, GA

This home is located at 2875 Admiral Bay Dr, Cumming, GA 30041 since 06 October 2021 and is currently priced at $773,034. This property was built in 2021. 2875 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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