NOT LISTED FOR SALE

3585 Beaver Cove Rd Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $723,795 - $1,061,000

3 Beds
2 Baths
1,592 Sq Ft
$514/Sq Ft Est. Value

Last Sold August 05, 2020

Last sale price $430,000 $270 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,787/month

Highlights

  • 117 Feet of Waterfront
  • Covered dock with three or more slips
  • Lake View
  • Chattahoochee Elementary School Rated A
  • Lake On Lot
  • Deck

About This Home

As of August 2020

South Lakefront Home near Bald Ridge Marina. Dock permit, mowing permit, large level lot w/ easy access to the dock. Cute ranch w/ 3 bdrms, spacious master & master closet. Separate tub shower in master bath. Open floor plan with room for 2 sofas, dining table, and kitchen bar. Screened porch spans the entire back of the home. You'll spend so much time here enjoying the beautiful landscape and it even has a lake view in the summer through the trees! Hop on your boat and head to Lake Lanier Islands, Margaritaville, or wakeboard to your hearts content in the quiet cove! Move in ready except for the need for new carpet. 2 car garage and laundry room just off kitchen. This home is an estate and is currently in probate. There could be a delay in closing. Will need 45 days at a minimum.

Last Agent to Sell the Property

Jill Rice

Keller Williams Realty Peachtree Rd. License #353868 Listed on: 06/04/2020

Keller Williams Realty Peachtree Rd.

Co-Listed By

Tracey Settlage

NOT A VALID MEMBER License #360189

Last Buyer's Agent

Nick Alexander Ulatowski

Keller Williams Realty Community Partners License #369020

Keller Williams Realty Community Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $590

Year Built

  • Built in 1989

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 228 x 90
  • 117 Feet of Waterfront
  • Lake Front
  • Property fronts a state road
  • Private Entrance
  • Level Lot
  • Private Yard
  • Back Yard

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Ranch Style House
  • Cottage
  • Cabin
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,592 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Private Rear Entry
  • Family Room with Fireplace
  • Sun or Florida Room
  • Screened Porch
  • Carpet
  • Lake Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered dock with three or more slips
  • Shared Dock
  • Lake On Lot
  • Deck

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Lake Lanier Subdivision

Listing and Financial Details

  • Assessor Parcel Number 221 521

Home Details

Home Type

Single Family

Est. Annual Taxes

$590

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin, Cottage, Ranch
  • Property Condition: Resale
  • Year Built: 1989
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Interior Amenities: Walk-In Closet(s)
  • Basement: Crawl Space
  • Kitchen Features: Breakfast Bar, Cabinets Stain, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Sun Room
  • Square Footage: 1592.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Separate Tub/Shower

Exterior Features

  • Waterfront Frontage: 117
  • Construction Materials: Frame
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Enclosed, Front Porch, Rear Porch, Screened
  • Exterior Features: Private Front Entry, Private Rear Entry, Private Yard
  • View: Lake

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage, Garage Door Opener, Garage Faces Front, Kitchen Level, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Lake Lanier

Schools

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

Lot Info

  • Acres: 0.4500
  • Lot Features: Back Yard, Lake On Lot, Level, Private
  • Lot Dimensions: 228 x 90
  • Parcel Number: 221 521
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 590.00
  • Assessor Parcel Number: 221-000-521
  • Close Date: 2020-08-05
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Aug 5, 2020
Sold by
Baabe Margaret Ann Estate
Bought by
Mckelvey Kyle E and Mckelvey Mark A
Seller's Agent
Jill Rice
Keller Williams Realty Peachtree Rd.
Buyer's Agent
Nick Alexander Ulatowski
Keller Williams Realty Community Partners
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%
Current Estimated Value
$818,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,199
Avg. Annual Appreciation
13.09%
Original Mortgage
$344,000
Outstanding Balance
$305,152
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$513,047
Source: Public Records

Range of Values:

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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
Mckelvey Kyle E $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckelvey Kyle E $344,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2020 08/05/20 Sold $430,000 +1.2% $270 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $425,000 -- $267 / 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 $5,956 $274,500 $148,000 $126,500
2024 $5,956 $271,448 $148,000 $123,448
2023 $5,186 $247,396 $108,000 $139,396
2022 $5,364 $171,008 $88,000 $83,008
2021 $4,632 $171,008 $88,000 $83,008
2020 $588 $132,560 $70,400 $62,160
2019 $590 $129,424 $70,400 $59,024
2018 $595 $116,660 $70,400 $46,260
2017 $603 $114,268 $70,400 $43,868
2016 $603 $114,268 $70,400 $43,868
2015 $594 $107,868 $64,000 $43,868
2014 $544 $104,664 $64,000 $40,664
Source: Public Records

Agents Affiliated with this Home

  • Jill Rice

    Seller's Agent in 2020

    Jill Rice

    Keller Williams Realty Peachtree Rd.

    (770) 330-7477

    2 in this area

    154 Total Sales

    Jill Rice
    Section Image

  • T

    Seller Co-Listing Agent in 2020

    Tracey Settlage

    NOT A VALID MEMBER

    Section Image
  • Nick Alexander Ulatowski

    Buyer's Agent in 2020

    Nick Alexander Ulatowski

    Keller Williams Realty Community Partners

    (770) 314-9811

    15 in this area

    76 Total Sales

    Nick Alexander Ulatowski
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6733398

First Multiple Listing Service (FMLS)

APN: 221-521

Georgia Forsyth County Cumming 30041 Lake Lanier

3585 Beaver Cove Rd, Cumming, GA

This home is located at 3585 Beaver Cove Rd, Cumming, GA 30041 since 04 June 2020 and is currently estimated at $818,199, approximately $513 per square foot. This property was built in 1989. 3585 Beaver Cove Rd 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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