NOT LISTED FOR SALE

3310 Chimney Point Dr Cumming, GA 30041

Estimated Value: $1,368,000 - $1,789,000

4 Beds
3 Baths
3,026 Sq Ft
$531/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $1,520,000 $502 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,868/month

4 Days on Market

Highlights

  • 109 Feet of Waterfront
  • 1 Boat Dock
  • Second Kitchen
  • Mashburn Elementary School Rated A
  • Deep Water Access
  • Lake View

About This Home

As of August 2023

Experience a Once-in-a-Lifetime Opportunity! Prepare to be captivated by the awe-inspiring vistas that await you upon entering this timeless 1980 brick ranch home nestled by Lake Lanier. With a fully finished basement, this residence offers a harmonious blend of space and style. The open concept floorplan on the main level provides a canvas for your personal touch, while each room boasts a view that is simply unparalleled. Situated off Buford Dam Rd. (exit 14 of GA 400) on the main channel of Bald Ridge Creek, this property boasts a grassy lot leading down to the water, flanked by pristine government land, creating a secluded oasis of tranquility. The basement is an entertainer's dream, featuring a second kitchen, a cozy family room with a fireplace, two bedrooms, and ample storage space. In addition to the oversized attached two-car garage, there is a separate detached garage perfectly suited for storing your lake toys or extra vehicles. Embrace the serenity of the lake as you witness the breathtaking sunrise from the comfort of the screened porch, patio, or bedroom. This property is an absolute treasure. Contact us today to arrange an exclusive private tour and make this gem your own.

Last Agent to Sell the Property

Elaine Thomas

Keller Williams Community Partners Brokerage Phone: 4046306660 License #115281 Listed on: 07/06/2023

Keller Williams Community Partners

Co-Listed By

Caroline Chester

Keller Williams Community Partners Brokerage Phone: 4046306660 License #380574

Last Buyer's Agent

Feroza Syed

Atlanta Fine Homes - Sotheby's Int'l License #338226

Atlanta Fine Homes - Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $962

Year Built

  • Built in 1979

Lot Details

  • 0.86 Acre Lot
  • 109 Feet of Waterfront
  • Lake Front
  • Private Lot
  • Level Lot
  • Grass Covered Lot

Home Design

  • 2-Story Property
  • Traditional Architecture
  • Block Foundation
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • Bookcases
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Screened Porch
  • Lake Views

Kitchen

  • Country Kitchen
  • Second Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate Shower

Laundry

  • Laundry in Mud Room
  • Laundry Room

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Finished Basement Bathroom
  • Natural lighting in basement

Parking

  • Garage
  • Parking Accessed On Kitchen Level

Outdoor Features

  • Deep Water Access
  • 1 Boat Dock
  • Covered Dock
  • Deck
  • Patio
  • Outbuilding

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

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

Listing and Financial Details

  • Tax Lot 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$962

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Section: 1
  • Year Built: 1979
  • ArchitecturalStyle: Brick 4 Side, Ranch, Traditional
  • Co List Office: KWCP01
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .86
  • Other Sturctures: Covered Dock, Garage(s), Outbuilding
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Dock Slips: 1
  • Total Finished Area2: 3026
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven (Wall), Oven/Range (Combo)
  • Bedrooms: 4
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: Bath Finished, Daylight, Finished, Full
  • Below Grade Finished Sq Ft: 1270
  • Total Finished Sq Ft: 1756
  • Unfinished Below Grade Sq Ft: 480
  • Above Grade Finished Sq Ft: 1756
  • Interior Amenities: Beamed Ceilings, Bookcases, Master On Main Level, Separate Shower, Split Bedroom Plan, Vaulted Ceiling(s), Walk-In Closet(s)
  • Feature Name: LANIER
  • Full Bathrooms: 3
  • Fireplace Features: Basement, Family Room, Living Room, Masonry, Wood Burning Stove
  • Flooring: Carpet, Vinyl
  • Kitchen Features: Breakfast Area, Breakfast Bar, Country Kitchen, Kitchen Island, Second Kitchen
  • Window Features: Double Pane Windows

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Bedroom Lower Level: 2
  • Bedroom Main Level: 2

Exterior Features

  • Waterfront Frontage: 109
  • Common Walls: No Common Walls
  • Construction Materials: Brick
  • ExteriorFeatures: Dock
  • Foundation Details: Block
  • Lot Features: Level, Private
  • Patio And Porch Features: Deck, Patio, Screened
  • Property Condition: Resale
  • Roof: Composition
  • View: Lake
  • Waterfront Features: Deep Water Access

Garage/Parking

  • Parking Features: Attached, Garage, Kitchen Level

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central, Electric, Forced Air
  • Laundry Features: In Mud Room
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Lake

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Land Lot: 283
  • Lot: 12

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2022
  • Tax Annual Amount: 962

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 17, 2023
Sold by
Tate Agnes Berma Brooks
Bought by
Wallace Vanessa and Lang Rhonda Wallace
Seller's Agent
Elaine Thomas
Keller Williams Community Partners
Buyer's Agent
Feroza Syed
Atlanta Fine Homes - Sotheby's Int'l
List Price
$1,500,000
Sold Price
$1,520,000
Premium/Discount to List
$20,000
1.33%
Views
18
Current Estimated Value
$1,607,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,484
Avg. Annual Appreciation
2.58%
Original Mortgage
$912,000
Outstanding Balance
$891,102
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$716,382
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
Wallace Vanessa $1,520,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Vanessa $912,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2023 08/17/23 Sold $1,520,000 +1.3% $502 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $1,500,000 -- $496 / 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 $5,449 $581,156 $204,000 $377,156
2024 $5,449 $222,200 $204,000 $18,200
2023 $6,325 $256,972 $156,000 $100,972
2022 $962 $206,688 $132,000 $74,688
2021 $927 $206,688 $132,000 $74,688
2020 $934 $213,932 $132,000 $81,932
2019 $931 $202,380 $132,000 $70,380
2018 $944 $186,100 $132,000 $54,100
2017 $959 $183,720 $132,000 $51,720
2016 $959 $183,720 $132,000 $51,720
2015 $959 $183,720 $132,000 $51,720
2014 $845 $147,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elaine Thomas

    Seller's Agent in 2023

    Elaine Thomas

    Keller Williams Community Partners

    (404) 630-6660

    2 in this area

    86 Total Sales

    Elaine Thomas
    Section Image

  • C

    Seller Co-Listing Agent in 2023

    Caroline Chester

    Keller Williams Community Partners

    (770) 540-7209

    2 in this area

    34 Total Sales

    Caroline Chester
    Section Image
  • Feroza Syed

    Buyer's Agent in 2023

    Feroza Syed

    Atlanta Fine Homes - Sotheby's Int'l

    (404) 781-0700

    1 in this area

    50 Total Sales

    Feroza Syed
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10178355

Georgia MLS

APN: 245-056

Georgia Forsyth County Cumming 30041

3310 Chimney Point Dr, Cumming, GA

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