NOT LISTED FOR SALE

3365 Summit Trail Cumming, GA 30041

Estimated Value: $675,514 - $735,000

4 Beds
5 Baths
3,704 Sq Ft
$190/Sq Ft Est. Value

Last Sold December 03, 2015

Last sale price $380,000 $103 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,177/month

61 Days on Market

Highlights

  • Lake On Lot
  • Clubhouse
  • Great Room
  • Mashburn Elementary School Rated A
  • Recreation Room
  • Community Pool

About This Home

As of December 2015

Staying in Cumming at your home on Summit Trail will be a pleasure. Upgraded Kitchen, exotic granite, custom painted cabinets & finishes, blk appl. Open plan w/grt sight lines. Hi ceilings & custom finishes. Lrg Mstr on main + 2 generous bdrms. Grt bonus/bdrm up. Finished Terrace Lvl w/wet bar, half bath, open area & unfinished area. Professionally landscaped park-like prvt bckyrd w/babbling brook on recirculating pump. Scrnd Porch on lower lvl & deck w/retractable awning. Prvt deck off terrace. Grt schls. Close to Lake & parks. Owner can close qckly. Bring offers Now.

Last Agent to Sell the Property

Deborah Hoffman

Keller Williams Realty Partners License #254651 Listed on: 09/04/2015

Keller Williams Realty Partners

Last Buyer's Agent

No Sales Agent

Non-Mls Company License #0

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,283

Year Built

  • 1989

Lot Details

  • 0.81

Interior Spaces

  • Double Pane Windows
  • Great Room
  • Dining Room
  • Library
  • Recreation Room
  • Bonus Room

Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • Lake On Lot

Utilities

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

Community Details

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Property has a Home Owners Association
  • Clubhouse

Property Details

Home Type

Other

Est. Annual Taxes

$5,283

Year Built

1989

Lot Details

0

Listing Details

  • Property Setting: Lake
  • Accessibility: Other (See Remarks)
  • Special Features: None
  • Year Built: 1989

Interior Features

  • Fireplaces: 2
  • Fireplace(s): 2, In Basement, In Living Room
  • Main Floor Bedrooms: 3
  • Main Level Full Bathrooms: 2
  • Lower Level Half Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Basement: Bath Finished, Daylight, Outside Entrance, Finished Rooms, Partial
  • Equipment: Smoke/Fire Alarm, Intercom/Radio
  • Kitchen Equipment: Dishwasher, Icemaker Line, Built-In Microwave, Range/Oven, Refrigerator
  • Feature Name: Lanier
  • Interior Amenities: Cable TV Connections, Trey Ceilings, Vaulted Ceilings, Double Vanity, Hardwood Floors, Rear Stairs, Separate Shower, Skylight, Tile Bath, Walk-in Closet, Wet Bar, Whirlpool Bath
  • Laundry Location: Basement
  • Below Grade Finished Sq Ft: 2246
  • Kitchen / Breakfast: Breakfast Room, Island, Walk-in Pantry
  • Above Grade Finished Sq Ft: 3704

Exterior Features

  • Roof: Composition
  • Exterior Features: Deck/Patio, Garden Area, Screen Porch, Sprinkler System, Water Feature
  • Construction: Stucco Real

Garage/Parking

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

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central, Zoned/Dual
  • Heating Fuel: Gas
  • Heating: Central, Forced Air, Zoned/Dual
  • Energy Features: Double Pane/Thermo, Programmable Thermostat, Gas Water Heater
  • Water/Sewer: Public Water, Septic Tank

Condo/Co-op/Association

  • HOA Fees: 650
  • HOA Fee Frequency: Annual
  • Fees Include: Management Fee, Swimming, Tennis

Association/Amenities

  • Amenities: Clubhouse, Neighborhood Association, Pool, Street Lights, Tennis Courts, Underground Utilities

Fee Information

  • Initiation Fee: 100.0

Schools

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

Lot Info

  • Lot Description: Corner, Private Backyard, Wooded
  • Lot Size: 1/2 - 1 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2020
Sold by
Radovic Mihailo
Bought by
Radovic Mihailo and Buendia Esmeralda Marie Alejandra
Current Estimated Value
$704,879

Purchase Details

Listed on
Sep 4, 2015
Closed on
Nov 16, 2015
Sold by
Simon Marvin B
Bought by
Radovic Mihailo
Seller's Agent
Deborah Hoffman
Keller Williams Realty Partners
Buyer's Agent
No Sales Agent
Non-Mls Company
List Price
$390,000
Sold Price
$380,000
Premium/Discount to List
-$10,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$288,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2005
Sold by
Huntley William J and Huntley Maria
Bought by
Simon Marvin B and Simon Patty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2000
Sold by
Fredrick Kent L and Fredrick Mona G
Bought by
Huntley William J and Huntley Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
8.24%
Mortgage Type
New Conventional
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
Radovic Mihailo -- --
Radovic Mihailo $370,000 --
Simon Marvin B $290,000 --
Huntley William J $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Radovic Mihailo $288,000
Previous Owner Simon Marvin B $232,000
Previous Owner Huntley William J $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2015 12/03/15 Sold $380,000 -2.6% $103 / Sq Ft
11/05/2015 11/05/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $390,000 -- $105 / 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 $5,283 $251,672 $49,020 $202,652
2024 $5,283 $263,636 $36,904 $226,732
2023 $3,853 $200,992 $27,540 $173,452
2022 $3,962 $139,392 $28,420 $110,972
2021 $3,581 $139,392 $28,420 $110,972
2020 $3,581 $139,416 $28,420 $110,996
2019 $3,728 $146,260 $24,000 $122,260
2018 $3,543 $136,764 $24,000 $112,764
2017 $3,333 $126,184 $24,000 $102,184
2016 $3,072 $113,824 $24,000 $89,824
2015 $862 $113,824 $24,000 $89,824
2014 $760 $106,412 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07517923

Georgia MLS

APN: 225-186