NOT LISTED FOR SALE

3205 Lanier Beach South Rd Cumming, GA 30041

Estimated Value: $1,718,000 - $3,541,000

4 Beds
4 Baths
4,504 Sq Ft
$593/Sq Ft Est. Value

Last Sold March 09, 2012

Last sale price $550,000 $122 Per Sq Ft

Est. 386% increase in value since last sale

Current estimated payment $15,543/month

25 Days on Market

Highlights

  • Covered dock with one slips
  • Home Theater
  • Dining Room Seats More Than Twelve
  • Mashburn Elementary School Rated A
  • Community Lake
  • 1-minute walk to Little Ridge Park

About This Home

As of March 2012

REMODEDLED LAKE FRONT HOME WITH INVITING STONE FRONT PORCH.

Last Agent to Sell the Property

Carolyn Mixon

HomeSmart License #203443 Listed on: 01/14/2012

HomeSmart

Last Buyer's Agent

Kimberly Yates

Yates Estates GA, LLC License #314038

Property Details

Home Type

  • Other

Year Built

  • 1985

Lot Details

  • 0.78

Home Design

  • Roof Vent Fans

Interior Spaces

  • In-Law or Guest Suite
  • Double Pane Windows
  • Great Room
  • Dining Room Seats More Than Twelve
  • Home Theater
  • Recreation Room
  • Solarium

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Covered dock with one slips

Schools

  • Mashburn / Forsyth / Forsyth County Elementary School
  • Otwell / Forsyth / Forsyth County Middle School
  • Forsyth Central / Forsyth / Forsyth County High School

Utilities

  • Programmable Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank

Community Details

Overview

  • Community Lake

Recreation

  • Community Pool

Property Details

Home Type

Other

Year Built

1985

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1985

Interior Features

  • Fireplace(s): 1, In Basement, In Great/Family Room, Wood Stove
  • Basement: Bath Finished, Daylight, Outside Entrance, Finished Rooms, Full
  • Equipment: Smoke/Fire Alarm
  • Kitchen Equipment: Separate Cooktop, Dishwasher, Garbage Disposal, Icemaker Line, Built-In Microwave, Wall Oven
  • Interior Amenities: Bookcases, Cable In Street, Trey Ceilings, Ceilings 9 Ft Plus, Entrance Foyer, 2 Story Foyer, Hardwood Floors, Wall-to-wall Carpet, Double Vanity, Walk-in Closet, Separate Shower
  • Laundry Type: Room
  • Kitchen / Breakfast: Breakfast Bar, Breakfast Room, Island, Pantry, Solid Surface Counters

Exterior Features

  • Boathouse/Dock: Covered Dock - 1 Slip
  • Construction: Wood Siding
  • Exterior Features: Deck/Patio, Hot Tub, Pool-in Ground, Porch
  • Waterfront Type: Deep Water Access, Water View, Waterfront

Garage/Parking

  • Parking: 2 Car, Attached, Garage, Kitchen Level Entry

Utilities

  • Cooling: Ceiling Fan, Central, Zoned/Dual
  • Heating Fuel: Electric
  • Heating: Heat Pump, Zoned/Dual
  • Energy Features: Double Pane/Thermo, Programmable Thermostat, Roof Vent Fans, Storm Doors, Electric Water Heater
  • Water/Sewer: Public Water, Septic Tank

Association/Amenities

  • Amenities: Lake, Pool, Underground Utilities

Schools

  • Elementary School: Mashburn / Forsyth / Forsyth County, GA
  • Elementary Bus Line: Yes
  • High School: Forsyth Central / Forsyth / Forsyth County, GA
  • High School Bus: Yes
  • Middle School: Otwell / Forsyth / Forsyth County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Level Lot
  • Lot Size: 1/2 - 1 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2012
Closed on
Mar 9, 2012
Sold by
Billie Jo Arp Revocable Tr
Bought by
Cancel Franklin D
Seller's Agent
Carolyn Mixon
HomeSmart
Buyer's Agent
Kimberly Yates
Yates Estates GA, LLC
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$2,672,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,122,570
Avg. Annual Appreciation
12.38%
Original Mortgage
$412,500
Outstanding Balance
$283,629
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$2,458,568

Purchase Details

Closed on
Jan 22, 2009
Sold by
Arp Billie J
Bought by
Arp Billie J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cancel Franklin D $550,000 --
Arp Billie J -- --
Arp Billie J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cancel Franklin D $412,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2012 03/09/12 Sold $550,000 0.0% $122 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
01/14/2012 01/14/12 For Sale $550,000 -- $122 / Sq Ft
Source: Georgia MLS

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 $18,328 $870,580 $200,000 $670,580
2024 $18,328 $846,288 $200,000 $646,288
2023 $16,513 $755,644 $160,000 $595,644
2022 $16,439 $556,916 $140,000 $416,916
2021 $15,074 $556,916 $140,000 $416,916
2020 $14,730 $540,268 $140,000 $400,268
2019 $14,548 $526,076 $126,000 $400,076
2018 $7,170 $259,276 $126,000 $133,276
2017 $6,414 $231,092 $117,000 $114,092
2016 $6,414 $231,092 $117,000 $114,092
2015 $6,425 $231,092 $117,000 $114,092
2014 $5,863 $221,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 03173714

Georgia MLS

APN: 224-154