NOT LISTED FOR SALE

3340 Chimney Point Dr Cumming, GA 30041

Estimated Value: $598,000 - $2,074,512

3 Beds
2.5 Baths
2,057 Sq Ft
$762/Sq Ft Est. Value

Last Sold June 24, 2013

Last sale price $560,000 $272 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $8,491/month

Highlights

  • 200 Feet of Waterfront
  • Covered dock with two slips
  • Open-Concept Dining Room
  • Mashburn Elementary School Rated A
  • Deep Water Access
  • Fishing

About This Home

As of June 2013

Incredible private lake getaway on south end of Lanier. Home sites on over 3/4 quarters of acre on point lot. Every room boast deep water views. Rustic home in great condition. Massive deck stretches entire length of home overlooking water. New deck built with the best materials on deep water. Just 50 feet away from home.

Last Agent to Sell the Property

James Lyons

NOT A VALID MEMBER License #170195 Listed on: 01/22/2013

NOT A VALID MEMBER

Last Buyer's Agent

Jenny Rhoads

NOT A VALID MEMBER License #273457

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,259

Year Built

  • Built in 1978

Lot Details

  • 200 Feet of Waterfront
  • Lake Front
  • Garden

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Cabin
  • Ridge Vents on the Roof
  • Tar and Gravel Roof

Interior Spaces

  • 1.5-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Wood Burning Stove
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Loft
  • Lake Views
  • Electric Range
  • Laundry Room

Flooring

  • Wood
  • Pine Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Separate Shower in Primary Bathroom

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation

Outdoor Features

  • Deep Water Access
  • Party Deck
  • Covered dock with two slips
  • Deck

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 3340ChimneyPointDR

Community Details

Overview

  • Bay Estates Chimney On Lanier Subdivision
  • Community Lake

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,259

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin, Traditional
  • Property Condition: Resale
  • Year Built: 1978
  • Levels Stories: One and One Half
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood, Pine
  • Fireplace Features: Family Room, Wood Burning Stove
  • Number Of Fireplaces: 1
  • Other Equipment: Satellite Dish
  • Appliances: Electric Range
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Entrance Foyer, High Ceilings 9 ft Main
  • Common Walls: No Common Walls
  • Additional Rooms: Loft
  • Dining Room Features: Open Concept
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate Tub/Shower

Exterior Features

  • Waterfront Frontage: 200
  • Roof Type: Ridge Vents, Tar/Gravel
  • Lake Name: Lanier
  • Patio And Porch Features: Deck
  • Exterior Features: Garden
  • View: Lake

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Community Features: Fishing, Lake
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Bay Estates Chimney On Lanier

Lot Info

  • Plat Book: 179
  • Plat Page: 114
  • Lot Dimensions: 37462 SQ. FT.
  • Parcel Number: 3340ChimneyPointDR
  • Property Attached Yn: No

Green Features

  • Efficiency: Insulation, Windows

Tax Info

  • Taxes: 4259.00
  • Tax Year: 2012

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2013
Closed on
Jun 24, 2013
Sold by
Stautberg Lisa
Bought by
Stumpf Heribert and Stumpf Kathleen J
Seller's Agent
James Lyons
NOT A VALID MEMBER
Buyer's Agent
Jenny Rhoads
NOT A VALID MEMBER
List Price
$649,000
Sold Price
$560,000
Premium/Discount to List
-$89,000
-13.71%
Current Estimated Value
$1,566,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,006,504
Avg. Annual Appreciation
8.69%
Original Mortgage
$417,000
Outstanding Balance
$297,947
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$1,268,557
Source: Public Records

Range of Values:

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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
Stumpf Heribert $560,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stumpf Heribert $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2013 06/24/13 Sold $560,000 -13.7% $272 / Sq Ft
03/30/2013 03/30/13 Pending -- -- --
01/22/2013 01/22/13 For Sale $649,000 -- $316 / 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 $3,504 $738,788 $204,000 $534,788
2024 $3,504 $629,272 $204,000 $425,272
2023 $3,368 $546,788 $156,000 $390,788
2022 $12,599 $416,940 $132,000 $284,940
2021 $11,423 $416,940 $132,000 $284,940
2020 $11,962 $436,468 $132,000 $304,468
2019 $11,145 $403,032 $132,000 $271,032
2018 $11,293 $408,360 $132,000 $276,360
2017 $4,136 $149,024 $132,000 $17,024
2016 $4,136 $149,024 $132,000 $17,024
2015 $6,668 $239,816 $132,000 $107,816
2014 $5,835 $220,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    James Lyons

    NOT A VALID MEMBER

    Section Image

  • J

    Buyer's Agent in 2013

    Jenny Rhoads

    NOT A VALID MEMBER

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5102690

First Multiple Listing Service (FMLS)

APN: 245-060

Georgia Forsyth County Cumming 30041

3340 Chimney Point Dr, Cumming, GA

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