NOT LISTED FOR SALE

3540 Tate Ln Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $458,000 - $522,915

3 Beds
1 Bath
884 Sq Ft
$551/Sq Ft Est. Value

Last Sold June 26, 2018

Last sale price $260,000 $294 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,914/month

Highlights

  • 126 Feet of Waterfront
  • Single Slip
  • Private Lot
  • Chattahoochee Elementary School Rated A
  • Lake View
  • Ranch Style House

About This Home

As of June 2018

Waterfront Lake Lanier. Home needs some work. Amazing lake view . Has single slip dock . Would be perfect rehab 203K loan. Solid sealed concrete block construction. Would make ideal foundation to add a second story. Lot goes well behind home plenty of room to expand or add garage. ONLY 2 MILES FROM HOUSE TO GA 400

Last Agent to Sell the Property

Richard Kelley

Keller Williams Realty Atl Partners License #162809 Listed on: 04/27/2018

Keller Williams Realty Atl Partners

Last Buyer's Agent

Elaine Thomas

Keller Williams Realty Community Partners License #115281

Keller Williams Realty Community Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,433

Year Built

  • Built in 1961

Lot Details

  • 126 Feet of Waterfront
  • Lake Front
  • Private Lot

Parking

  • Parking Accessed On Kitchen Level

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • Factory Built Fireplace
  • Great Room
  • Lake Views
  • Electric Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Single Slip
  • Front Porch

Schools

  • Chattahoochee - Forsyth Elementary School
  • Little Mill Middle School
  • North Forsyth High School

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 242 058

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,433

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Traditional
  • Property Condition: Resale
  • Year Built: 1961
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Factory Built
  • Number Of Fireplaces: 1
  • Appliances: Electric Range
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Full Baths: 1
  • Main Full Bathrooms: 1

Exterior Features

  • Waterfront Frontage: 126
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Front Porch
  • View: Lake

Garage/Parking

  • Parking Features: Kitchen Level

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • Elementary School: Chattahoochee - Forsyth
  • Middle School: Little Mill
  • High School: North Forsyth

Lot Info

  • Deed Book: 35
  • Deed Page: 577
  • Lot Features: Private
  • Parcel Number: 242 058
  • Property Attached Yn: No

Tax Info

  • Taxes: 2433.00
  • Assessor Parcel Number: 242-000-058
  • Close Date: 2018-06-26
  • Tax Year: 2016

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: Chattahoochee - Forsyth
  • High School: North Forsyth
  • Middle School: Little Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2018
Closed on
Jun 26, 2018
Sold by
Vaughn Peggy Cox
Bought by
Amerson Earnest Mike
Seller's Agent
Richard Kelley
Keller Williams Realty Atl Partners
Buyer's Agent
Elaine Thomas
Keller Williams Realty Community Partners
List Price
$320,000
Sold Price
$260,000
Premium/Discount to List
-$60,000
-18.75%
Current Estimated Value
$487,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,229
Avg. Annual Appreciation
8.96%
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
Amerson Earnest Mike $260,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2018 06/26/18 Sold $260,000 -18.8% $294 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $320,000 -- $362 / 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 $3,965 $161,750 $160,000 $1,750
2024 $3,965 $161,684 $160,000 $1,684
2023 $3,185 $129,418 $128,000 $1,418
2022 $3,437 $112,950 $112,000 $950
2021 $3,119 $112,950 $112,000 $950
2020 $3,596 $130,232 $112,000 $18,232
2019 $2,797 $101,144 $83,200 $17,944
2018 $2,534 $91,636 $83,200 $8,436
2017 $2,523 $90,896 $83,200 $7,696
2016 $2,434 $87,696 $80,000 $7,696
2015 $1,993 $71,696 $64,000 $7,696
2014 $2,311 $90,816 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Kelley

    Seller's Agent in 2018

    Richard Kelley

    Keller Williams Realty Atl Partners

    (770) 367-0755

    82 Total Sales

    Richard Kelley
    Section Image
  • Elaine Thomas

    Buyer's Agent in 2018

    Elaine Thomas

    Keller Williams Realty Community Partners

    (404) 630-6660

    8 in this area

    86 Total Sales

    Elaine Thomas
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6003071

First Multiple Listing Service (FMLS)

APN: 242-058

Georgia Forsyth County Cumming 30041 Lake Lanier

3540 Tate Ln, Cumming, GA

This home is located at 3540 Tate Ln, Cumming, GA 30041 since 27 April 2018 and is currently estimated at $487,229, approximately $551 per square foot. This property was built in 1961. 3540 Tate Ln is a home located in Forsyth County with nearby schools including Chattahoochee Elementary School, Little Mill Middle School, and Cornerstone Schools.

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