NOT LISTED FOR SALE

3515 Old Towne Ln Cumming, GA 30040

Estimated Value: $560,000 - $616,050

5 Beds
2.5 Baths
3,446 Sq Ft
$174/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $268,000 $78 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $3,648/month

Highlights

  • Deck
  • Traditional Architecture
  • Stone Countertops
  • Sawnee Elementary School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of January 2016

Beautiful Craftsman style home in white picket fence neighborhood in Cumming. This home is one of the select few homes with the largest floor plans in Old Towne Bethelview. The dettached 5th Bedroom above the Garage can easily be converted into an apartment with the addition of a Full bathroom and kitchen. This space could also be perfect for someone who works from home and needs a private room to work out of. The neighborhood has a very strong HOA.

Last Agent to Sell the Property

Alex Worrell

Keller Williams Realty Chattahoochee North, LLC License #347718 Listed on: 10/02/2015

Keller Williams Realty Chattahoochee North, LLC

Last Buyer's Agent

STROM THURMAN

Strom Thurman Realty Partners, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,549

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 117x170x117x170
  • Level Lot

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway Level

Home Design

  • Traditional Architecture
  • Cement Siding

Interior Spaces

  • 3,446 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace Features Blower Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Schools

  • Sawnee Elementary School
  • Liberty - Forsyth Middle School
  • West Forsyth High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 078 146

Community Details

Overview

  • $500 Initiation Fee
  • Hms Association, Phone Number (770) 667-0595
  • Old Towne Bethelview Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,549

Year Built

Built in 2003

Lot Details

0

HOA Fees

$46 per month

Parking

2

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: 2003
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Blower Fan, Factory Built, Family Room, Gas Log
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Double Oven, Gas Range, Microwave
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Main, High Ceilings 9 ft Upper
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3446.00

Beds/Baths

  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Cement Siding
  • Patio And Porch Features: Deck, Front Porch, Patio

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Driveway, Garage, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Upper Floor

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Homeowners Assoc, Pool, Tennis Court(s)
  • Association Fee: 555
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Management Phone: 770-667-0595
  • Subdivision Complex: Old Towne Bethelview

Association/Amenities

  • Management Company: HMS

Lot Info

  • Lot Features: Level
  • Lot Dimensions: 117x170x117x170
  • Parcel Number: 078 146
  • Property Attached Yn: No

Rental Info

  • Initiation Fee: 500

Tax Info

  • Taxes: 2549.00
  • Tax Year: 2014

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Sawnee
  • High School: West Forsyth
  • Middle School: Liberty - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2015
Closed on
Jan 15, 2016
Sold by
Waples Rena M
Bought by
Marotto Christopher Patrick
Seller's Agent
Alex Worrell
Keller Williams Realty Chattahoochee North, LLC
Buyer's Agent
STROM THURMAN
Strom Thurman Realty Partners, LLC.
List Price
$275,000
Sold Price
$268,000
Premium/Discount to List
-$7,000
-2.55%
Current Estimated Value
$600,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,263
Avg. Annual Appreciation
8.59%
Original Mortgage
$214,400
Outstanding Balance
$170,684
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$429,579

Purchase Details

Closed on
May 26, 2009
Sold by
Padula Steve and Padula Kristen
Bought by
Waples Gregory F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,888
Interest Rate
4.8%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Marotto Christopher Patrick $268,000 --
Waples Gregory F $227,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marotto Christopher Patrick $214,400
Previous Owner Waples Gregory F $222,888
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2016 01/15/16 Sold $268,000 -2.5% $78 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
11/16/2015 11/16/15 Price Changed $275,000 0.0% $80 / Sq Ft
11/16/2015 11/16/15 For Sale $275,000 -3.5% $80 / Sq Ft
11/01/2015 11/01/15 Pending -- -- --
10/15/2015 10/15/15 Price Changed $285,000 -1.7% $83 / Sq Ft
10/15/2015 10/15/15 Price Changed $290,000 -3.3% $84 / Sq Ft
10/02/2015 10/02/15 For Sale $299,900 -- $87 / 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 $5,338 $241,412 $56,000 $185,412
2024 $5,338 $217,692 $52,000 $165,692
2023 $4,998 $203,048 $52,000 $151,048
2022 $4,424 $138,540 $32,000 $106,540
2021 $3,826 $138,540 $32,000 $106,540
2020 $3,419 $123,800 $32,000 $91,800
2019 $3,567 $128,976 $28,000 $100,976
2018 $3,364 $121,632 $28,000 $93,632
2017 $2,975 $107,200 $16,640 $90,560
2016 $2,858 $102,968 $16,000 $86,968
2015 $2,890 $103,924 $16,000 $87,924
2014 $2,549 $96,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alex Worrell

    Seller's Agent in 2016

    Alex Worrell

    Keller Williams Realty Chattahoochee North, LLC

    (404) 630-5900

    121 Total Sales

    Alex Worrell
    Section Image
  • STROM THURMAN

    Buyer's Agent in 2016

    STROM THURMAN

    Strom Thurman Realty Partners, LLC.

    (678) 557-2572

    7 in this area

    20 Total Sales

    STROM THURMAN
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5602789

First Multiple Listing Service (FMLS)

APN: 078-146

Georgia Forsyth County Cumming 30040

3515 Old Towne Ln, Cumming, GA

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