NOT LISTED FOR SALE

3402 Tradewinds Dr Cumming, GA 30041

Estimated Value: $335,000 - $381,000

3 Beds
2.5 Baths
1,564 Sq Ft
$328/mo HOA Fee

Last Sold September 13, 2019

Last sale price $222,300 $142 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,268/month

24 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Lake On Lot
  • Mashburn Elementary School Rated A
  • Deep Water Access
  • No Units Above

About This Home

As of September 2019

Looking for the perfect place to spend your weekend? This is it! Totally remodeled Lake condo, Beautiful views. One of the few communities where you can keep your boat on the water all year. Every inch of this floor has been updating. All new ceilings, floors, kitchen, and bathrooms. All bathrooms are updated. Great investment. Perfect place on the lake at this price. Skip the hassle of renting lake properties - this is oasis. Peaceful walk to Little River Park

Last Agent to Sell the Property

Margaret Player

Mark Spain Real Estate License #207121 Listed on: 07/23/2019

Mark Spain Real Estate

Last Buyer's Agent

Jeff Fountain

Virtual Properties Realty.com License #130812

Virtual Properties Realty.com

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,540

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • Lake Front
  • Property borders a national or state park
  • No Units Above
  • End Unit

HOA Fees

  • $328 Monthly HOA Fees

Parking

  • Deeded Parking

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,564 Sq Ft Home
  • 1.5-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Private Rear Entry
  • Entrance Foyer
  • Great Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Den
  • Vinyl Flooring
  • Lake Views
  • Attic Fan
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Separate his and hers bathrooms

Outdoor Features

  • Deep Water Access
  • Courtesy Dock
  • Lake On Lot
  • Deck
  • Outdoor Gas Grill

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 224 513

Community Details

Overview

  • 24 Units
  • Tradewinds Subdivision
  • Community Lake

Recreation

  • Boat Dock
  • Boating
  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,540

Year Built

Built in 1986 | Remodeled

Lot Details

0

HOA Fees

$328 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Year Built: 1986
  • Levels Stories: One and One Half
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Vinyl
  • Fireplace Features: Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Self Cleaning Oven
  • Interior Amenities: Entrance Foyer, Tray Ceiling(s)
  • Kitchen Features: Breakfast Bar, Kitchen Island, View to Family Room
  • Common Walls: End Unit, No One Above
  • Additional Rooms: Den
  • Dining Room Features: Great Room, Seats 12+
  • Square Footage: 1564.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate His/Hers

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Deck
  • Exterior Features: Gas Grill, Private Rear Entry
  • View: Lake

Garage/Parking

  • Parking Features: Deeded

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Natural Gas
  • Laundry Features: Laundry Room
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: Other

Condo/Co-op/Association

  • Community Features: Boating, Community Dock, Homeowners Assoc, Lake, Pool, Tennis Court(s)
  • Association Fee: 328
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: Tradewinds

Association/Amenities

  • Number Of Units In Community: 24

Schools

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

Lot Info

  • Acres: 0.2200
  • Lot Features: Borders US/State Park, Lake On Lot
  • Lot Dimensions: x
  • Parcel Number: 224 513
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1540.00
  • Assessor Parcel Number: 224-000-513
  • Close Date: 2019-09-13
  • Tax Year: 2018

Multi Family

  • Waterfront Features: 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: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2019
Closed on
Sep 13, 2019
Sold by
Player Margaret
Bought by
Summey David C and Summey Patricia M
Seller's Agent
Margaret Player
Mark Spain Real Estate
Buyer's Agent
Jeff Fountain
Virtual Properties Realty.com
List Price
$236,000
Sold Price
$222,300
Premium/Discount to List
-$13,700
-5.81%
Current Estimated Value
$357,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,086
Avg. Annual Appreciation
8.15%
Original Mortgage
$177,800
Outstanding Balance
$155,739
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$201,647

Purchase Details

Closed on
Jun 7, 2018
Sold by
Pellegrino Jeffrey M
Bought by
Player Margaret

Purchase Details

Closed on
Mar 29, 2007
Sold by
Petkosh Joseph N and Petkosh Kimberly M
Bought by
Pellegrino Jeffrey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2004
Sold by
Simonton and Simonton Sager Yvonne
Bought by
Petkosh Joseph N and Petkosh Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,550
Interest Rate
3.13%
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
Summey David C $222,300 --
Player Margaret $175,000 --
Pellegrino Jeffrey M $140,000 --
Petkosh Joseph N $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summey David C $177,800
Previous Owner Pellegrino Jeffrey M $94,000
Previous Owner Petkosh Joseph N $103,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2019 09/13/19 Sold $222,300 -3.3% $142 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
08/10/2019 08/10/19 Price Changed $230,000 -0.9% $147 / Sq Ft
08/07/2019 08/07/19 Price Changed $232,000 -1.7% $148 / Sq Ft
07/23/2019 07/23/19 For Sale $236,000 -- $151 / 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 $534 $145,840 $58,000 $87,840
2024 $534 $136,560 $58,000 $78,560
2023 $417 $118,600 $44,000 $74,600
2022 $522 $84,120 $30,000 $54,120
2021 $510 $84,120 $30,000 $54,120
2020 $510 $83,760 $30,000 $53,760
2019 $1,936 $70,000 $22,000 $48,000
2018 $1,540 $55,680 $14,000 $41,680
2017 $1,268 $45,680 $14,000 $31,680
2016 $1,268 $45,680 $14,000 $31,680
2015 $990 $35,600 $10,000 $25,600
2014 $886 $33,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margaret Player

    Seller's Agent in 2019

    Margaret Player

    Mark Spain

    (678) 773-6104

    1 in this area

    31 Total Sales

    Margaret Player
    Section Image
  • Jeff Fountain

    Buyer's Agent in 2019

    Jeff Fountain

    Virtual Properties Realty.com

    (985) 320-2223

    5 in this area

    62 Total Sales

    Jeff Fountain
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6589761

First Multiple Listing Service (FMLS)

APN: 224-513

Georgia Forsyth County Cumming 30041

3402 Tradewinds Dr, Cumming, GA

This home is located at 3402 Tradewinds Dr, Cumming, GA 30041 since 23 July 2019 and is currently estimated at $357,386, approximately $228 per square foot. This property was built in 1986. 3402 Tradewinds Dr is a home located in Forsyth County with nearby schools including Mashburn Elementary School, Lakeside Middle School, and Forsyth Central High School.

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