NOT LISTED FOR SALE

3275 Lanier Beach South Rd Cumming, GA 30041

Estimated Value: $1,711,381 - $1,947,000

4 Beds
3.5 Baths
4,770 Sq Ft
$378/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $1,000,000 $210 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $10,836/month

96 Days on Market

Highlights

  • Lake Front
  • Covered dock with two slips
  • Community Lake
  • Mashburn Elementary School Rated A
  • Media Room
  • 1-minute walk to Little Ridge Park

About This Home

As of April 2018

Beautiful remodeled all-brick lake house! Beautiful sunset views right by the lake! Full length screened porch on main level, full length sun room on the lower level and a fully completed basement! A family house dream! Outside there is a private deck with a sauna and jacuzzi! Check out the Virtual Reality Tour Link underneath the image - Click the the Blue House Icon!

Last Agent to Sell the Property

Martin Chan

Earth to Atlanta, LLC License #329816 Listed on: 12/19/2017

Earth to Atlanta, LLC

Last Buyer's Agent

Terri Willett

Atlanta Communities License #320203

Atlanta Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,970

Year Built

  • Built in 1984

Lot Details

  • Lake Front
  • Property fronts a private road
  • Landscaped
  • Private Lot
  • Level Lot
  • Irrigation Equipment
  • Garden

Home Design

  • Traditional Architecture
  • Tile Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 4,770 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Media Room
  • Home Office
  • Computer Room
  • Game Room
  • Sun or Florida Room
  • Screened Porch
  • Wood Flooring
  • Lake Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Wood Stained Kitchen Cabinets
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom
  • Window or Skylight in Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Stubbed For A Bathroom
  • Natural lighting in basement

Parking

  • Garage
  • 2 Carport Spaces
  • Driveway Level

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC

Outdoor Features

  • Boat Hoist or Davit
  • Covered dock with two slips
  • Deck
  • Patio
  • Outbuilding

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 224 161

Community Details

Overview

  • Ridge Creek Subdivision
  • Community Lake

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,970

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1984
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Basement, Family Room, Gas Log, Masonry
  • Number Of Fireplaces: 2
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor
  • Interior Amenities: Cathedral Ceiling(s), Central Vacuum, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Lower, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Walk-In Closet(s), Wet Bar
  • Basement: Bath/Stubbed, Daylight, Finished, Full
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Pantry Walk-In, Tile Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Computer Room, Den, Game Room, Great Room - 1 Story, Media Room, Office, Sun Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 4770.00
  • Window Features: Insulated Windows, Skylight(s)

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Skylights, Whirlpool Tub

Exterior Features

  • Other Structures: Outbuilding
  • Construction Materials: Brick 4 Sides
  • Roof Type: Tile
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Patio, Screened
  • Exterior Features: Garden
  • View: Lake

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Heating: Electric, Heat Pump
  • Laundry Features: Laundry Room
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Lake, Park
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: RIDGE CREEK

Lot Info

  • Lot: 2
  • Section G M D: 1
  • Lot Features: Landscaped, Level, Private
  • Lot Dimensions: .51
  • Parcel Number: 224 161
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Windows

Tax Info

  • Taxes: 8970.00
  • Tax Year: 2016

Multi Family

  • Waterfront Features: Lake Front

MLS Schools

  • Elementary School: Mashburn
  • High School: Forsyth Central
  • Middle School: Otwell

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2017
Closed on
Apr 20, 2018
Sold by
Chan Pik
Bought by
Inglese Patrick R and Inglese Dorothy M
Seller's Agent
Martin Chan
Earth to Atlanta, LLC
Buyer's Agent
Terri Willett
Atlanta Communities
List Price
$1,180,000
Sold Price
$1,000,000
Premium/Discount to List
-$180,000
-15.25%
Current Estimated Value
$1,800,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$800,845
Avg. Annual Appreciation
8.00%
Original Mortgage
$700,000
Outstanding Balance
$609,470
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$1,191,375

Purchase Details

Closed on
Oct 20, 2014
Sold by
Jpmorgan Chase Bank Na
Bought by
Chan Kwok and Chan Pik

Purchase Details

Closed on
Jul 1, 2014
Sold by
Osley Garry Stephen
Bought by
Jpmorgan Chase Bank National A

Purchase Details

Closed on
Oct 5, 2007
Sold by
Bell Raeford A and Bell Peggy J
Bought by
Osley Garry S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$752,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 1998
Sold by
Graves James C and Graves Aline C
Bought by
Bell Raetord A and Bell Peggy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
6.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Inglese Patrick R $1,000,000 --
Chan Kwok $651,000 --
Jpmorgan Chase Bank National A -- --
Osley Garry S $940,000 --
Bell Raetord A $749,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Inglese Patrick R $700,000
Previous Owner Osley Garry S $752,000
Previous Owner Bell Raetord A $227,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2018 04/20/18 Sold $1,000,000 -10.7% $210 / Sq Ft
03/25/2018 03/25/18 Pending -- -- --
01/27/2018 01/27/18 Price Changed $1,120,000 -5.1% $235 / Sq Ft
12/19/2017 12/19/17 For Sale $1,180,000 -- $247 / 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 $16,366 $683,316 $240,000 $443,316
2024 $16,366 $667,400 $240,000 $427,400
2023 $14,703 $597,336 $192,000 $405,336
2022 $14,070 $452,192 $168,000 $284,192
2021 $12,487 $452,192 $168,000 $284,192
2020 $12,177 $440,956 $168,000 $272,956
2019 $10,553 $381,604 $168,000 $213,604
2018 $10,149 $384,912 $168,000 $216,912
2017 $8,970 $323,204 $130,000 $193,204
2016 $8,970 $323,204 $130,000 $193,204
2015 $8,986 $323,204 $130,000 $193,204
2014 $8,140 $307,480 $130,000 $177,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5943937

First Multiple Listing Service (FMLS)

APN: 224-161