NOT LISTED FOR SALE

3225 Chimney Cove Dr Cumming, GA 30041

Estimated Value: $671,000 - $891,000

4 Beds
2.5 Baths
3,348 Sq Ft
$244/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $717,500 $214 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,966/month

12 Days on Market

Highlights

  • Boathouse
  • Private Waterfront
  • Deep Water Access
  • Mashburn Elementary School Rated A
  • Floating Dock
  • RV or Boat Parking

About This Home

As of May 2022

RARE OPPORTUNITY! 1.41 ACRES ON LAKE LANIER IN SOUGHT AFTER FORSYTH COUNTY. THE BEST LOCATION ON THE LAKE! Deep water cove on Bald Ridge Creek is just minutes from Bald Ridge Marina and a short boat ride to Lake Lanier Islands. Very private double lot has incredible potential for you to live, work, and play! 3 miles to shopping and GA 400. 4 bed, 2 bath house with a basement is full of possibilities. Property is sold AS IS.

Last Agent to Sell the Property

Robin Walters

Keller Williams Realty Atl. Partners License #392194 Listed on: 04/13/2022

Keller Williams Realty Atl. Partners

Last Buyer's Agent

Jessica Mason

Virtual Properties Realty.com License #352623

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,487

Year Built

  • Built in 1978

Lot Details

  • 1.41 Acre Lot
  • Private Waterfront
  • 76 Feet of Waterfront
  • Lake Front
  • Private Lot
  • Sloped Lot

Home Design

  • A-Frame Home
  • Fixer Upper
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry in Hall

Basement

  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Parking

  • 2 Car Garage
  • Garage Door Opener
  • RV or Boat Parking

Outdoor Features

  • Deep Water Access
  • Boathouse
  • Floating Dock
  • Covered Dock
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • 220 Volts
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2,3

Community Details

Overview

  • No Home Owners Association
  • Chimney On Lanier Subdivision
  • Community Lake

Recreation

  • RV or Boat Storage in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,487

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 14
  • Section: 1
  • Year Built: 1978
  • ArchitecturalStyle: A-frame
  • Lower Level Half Bathrooms: 1
  • Electric: 220 Volts
  • Financing Type: Other
  • Levels: Two
  • Lot Size Acres: 1.41
  • Other Sturctures: Boat House, Covered Dock, Outbuilding, Workshop, Garage(s), Shed(s)
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 3348
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Microwave, Oven (Wall)
  • Bedrooms: 4
  • Basement: Bath/Stubbed, Daylight, Interior Entry, Exterior Entry
  • Below Grade Finished Sq Ft: 1232
  • Total Finished Sq Ft: 2116
  • Above Grade Finished Sq Ft: 2116
  • Interior Amenities: Pulldown Attic Stairs, Master On Main Level
  • Feature Name: LANIER
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Hardwood, Carpet
  • Price Per Square Foot: 238.65

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Bedroom Main Level: 1

Exterior Features

  • Waterfront Frontage: 76
  • Common Walls: No Common Walls
  • Construction Materials: Vinyl Siding
  • Lot Features: Private, Sloped
  • Property Condition: Fixer
  • Roof: Composition
  • View: Lake
  • Waterfront Features: Floating Dock, Deep Water Access, Private, Lake

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage, RV/Boat Parking
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: In Hall
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Boat/Camper/Van Prkg, Lake

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Land Lot: 267,2
  • Lot: 2,3
  • Plat Book: 23
  • Plat Page: 36

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1487

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2003
Sold by
Thurston Sandra L
Bought by
Thurston Sandra L and Thurston Thomas
Current Estimated Value
$815,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$71,731
Interest Rate
5.16%
Mortgage Type
New Conventional
Estimated Equity
$743,676

Purchase Details

Closed on
Sep 12, 2001
Sold by
Shaffer Peter T B
Bought by
Thurston Thomas E and Thurston Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.98%
Mortgage Type
New Conventional
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
Thurston Sandra L -- --
Thurston Sandra L -- --
Thurston Thomas E $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thurston Sandra L $170,000
Previous Owner Thurston Thomas E $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2022 05/26/22 Sold $717,500 -10.2% $214 / Sq Ft
04/26/2022 04/26/22 Price Changed $799,000 -3.2% $239 / Sq Ft
04/13/2022 04/13/22 For Sale $825,000 -- $246 / 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 $8,379 $423,272 $204,000 $219,272
2024 $8,379 $341,708 $204,000 $137,708
2023 $6,777 $275,332 $156,000 $119,332
2022 $1,524 $218,340 $132,000 $86,340
2021 $1,487 $218,340 $132,000 $86,340
2020 $1,494 $226,468 $132,000 $94,468
2019 $1,492 $214,276 $132,000 $82,276
2018 $1,486 $202,048 $132,000 $70,048
2017 $1,497 $195,764 $132,000 $63,764
2016 $1,497 $195,764 $132,000 $63,764
2015 $1,497 $195,764 $132,000 $63,764
2014 $1,315 $178,824 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Robin Walters

    Keller Williams Realty Atl. Partners

    (678) 775-2600

    1 in this area

    5 Total Sales

    Robin Walters
    Section Image
  • Jessica Mason

    Buyer's Agent in 2022

    Jessica Mason

    Virtual Properties Realty.com

    (770) 722-1659

    1 in this area

    12 Total Sales

    Jessica Mason
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10037022

Georgia MLS

APN: 245-046

Georgia Forsyth County Cumming 30041

3225 Chimney Cove Dr, Cumming, GA

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