NOT LISTED FOR SALE

3575 Lakeheath Dr Unit III Cumming, GA 30041

Estimated Value: $556,000 - $584,000

3 Beds
2.5 Baths
2,008 Sq Ft
$286/Sq Ft Est. Value

Last Sold August 01, 2016

Last sale price $226,000 $113 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $3,491/month

4 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Great Room
  • Brookwood Elementary School Rated A+
  • Wood Flooring
  • Community Pool

About This Home

As of August 2016

New listing for home for sale in Cumming Ga. Located in the Summit at Brookwood and in Lambert School High district. Home is priced to sell. Will likely go over list. Solid home but needs updating, painting and carpet. Newer architectural roof, concrete siding and recent stainless appliances. Pulte community with wonderful amenities package, large lots and sidewalks. Two story family room and spacious kitchen with pantry. Home is sold “AS IS”. No exceptions. This is a great deal. Same homes improved are selling in the $260’s. RENTALS OK.

Last Agent to Sell the Property

Van Purser

NOT A VALID MEMBER License #164529 Listed on: 06/10/2016

Co-Listed By

Jeanne Purser

Van Purser Realty Group License #164535

Last Buyer's Agent

Thomas Chen

HomeSmart License #345829

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,031

Year Built

  • Built in 1995

Lot Details

  • 0.32 Acre Lot
  • Level Lot
  • Garden

HOA Fees

  • $39 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,008 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Schools

  • Brookwood - Forsyth Elementary School
  • South Forsyth Middle School
  • Lambert High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Deck

Listing and Financial Details

  • Tax Lot 163
  • Assessor Parcel Number 113 226

Community Details

Overview

  • Summit Brookwood HOA, Phone Number (770) 667-6353
  • Summit At Brookwood Subdivision

Recreation

  • Tennis Courts
  • Swim or tennis dues are required
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,031

Year Built

Built in 1995

Lot Details

0

HOA Fees

$39 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: Fixer Upper
  • Year Built: 1995
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Main, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Laminate Counters, Pantry Walk-In, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2008.00

Beds/Baths

  • Total Bedrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Deck
  • Exterior Features: Garden

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Garage, Garage Door Opener, Kitchen Level

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Homeowners Assoc, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 462
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Hoa Contact Phone: 770-667-6353
  • Management Company Email: tawinda.ruxton@gmail.com
  • Management Phone: 770-667-6353
  • Subdivision Complex: SUMMIT AT BROOKWOOD

Association/Amenities

  • Management Company: Summit Brookwood HOA

Lot Info

  • Acres: 0.3200
  • Lot: 163
  • Section G M D: 1st
  • Plat Book: 44
  • Plat Page: 132
  • Lot Features: Level
  • Lot Dimensions: .32 acres
  • Parcel Number: 113 226
  • Property Attached Yn: No

Tax Info

  • Taxes: 2031.00
  • Tax Year: 2015

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Brookwood - Forsyth
  • High School: Lambert
  • Middle School: South Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2016
Closed on
Aug 1, 2016
Sold by
Elizabeth
Bought by
Lin Xue Zhong
Seller's Agent
Van Purser
NOT A VALID MEMBER
Buyer's Agent
Thomas Chen
HomeSmart
List Price
$219,000
Sold Price
$226,000
Premium/Discount to List
$7,000
3.2%
Current Estimated Value
$574,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,068
Avg. Annual Appreciation
10.47%
Original Mortgage
$169,500
Outstanding Balance
$77,545
Interest Rate
3.48%
Estimated Equity
$496,523

Purchase Details

Closed on
Aug 9, 2001
Sold by
Murphy Charlotte G and Murphy Michael A
Bought by
Watson Elizabeth V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,750
Interest Rate
7.19%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lin Xue Zhong $226,000 --
Watson Elizabeth V $174,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Xue Zhong $169,500
Previous Owner Watson Elizabeth V $165,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2016 08/01/16 Sold $226,000 +3.2% $113 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $219,000 -- $109 / 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 $5,293 $229,940 $78,000 $151,940
2024 $5,293 $215,856 $68,000 $147,856
2023 $4,986 $202,568 $60,000 $142,568
2022 $4,189 $125,072 $40,000 $85,072
2021 $3,454 $125,072 $40,000 $85,072
2020 $3,435 $124,376 $40,000 $84,376
2019 $3,314 $119,840 $40,000 $79,840
2018 $3,005 $108,660 $30,000 $78,660
2017 $2,509 $90,400 $30,960 $59,440
2016 $2,126 $87,588 $30,000 $57,588
2015 $2,031 $82,868 $30,000 $52,868
2014 $1,751 $74,456 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2016

    Van Purser

    NOT A VALID MEMBER

    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Jeanne Purser

    Van Purser Realty Group

    Section Image
  • Thomas Chen

    Buyer's Agent in 2016

    Thomas Chen

    HomeSmart

    (678) 488-8165

    4 in this area

    57 Total Sales

    Thomas Chen
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5704521

First Multiple Listing Service (FMLS)

APN: 113-226

Georgia Forsyth County Cumming 30041

3575 Lakeheath Dr Unit III, Cumming, GA

Not Listed for Sale

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