NOT LISTED FOR SALE

3625 Magnolia Walk Trail Cumming, GA 30040

Estimated Value: $287,000 - $309,000

3 Beds
2.5 Baths
1,213 Sq Ft
$246/Sq Ft Est. Value

Last Sold May 04, 2022

Last sale price $270,000 $223 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,851/month

4 Days on Market

Highlights

  • Open-Concept Dining Room
  • In Ground Pool
  • End Unit
  • George W. Whitlow Elementary School Rated A
  • Rural View
  • Open to Family Room

About This Home

As of May 2022

This classic brick townhome home resides in the Hutchinson Pointe Community in the heart of Cumming, GA! Located in Forsyth County school where the school district is rated #3 Top schools in the ENTIRE state of Georgia. This charming neighborhood also has a community swimming pool, park, and tennis court! Upon entrance, you are warmly greeted by tile floors, fresh paint, new carpet, and a bright and welcoming foyer seamlessly connecting to the kitchen. The living room and dining room leads to the inviting, sunny FENCED in backyard. Upstairs you’ll find 3 bedrooms and 2 bathrooms, bedroom, and plus an attic that provides additional flexibility.

Last Agent to Sell the Property

Tierra Wallace

Virtual Properties Realty.com License #393624 Listed on: 04/09/2022

Virtual Properties Realty.com

Last Buyer's Agent

Tierra Wallace

Virtual Properties Realty.com License #393624 Listed on: 04/09/2022

Virtual Properties Realty.com

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,889

Year Built

  • Built in 1999 | Remodeled

Lot Details

  • 1,307 Sq Ft Lot
  • End Unit
  • Back Yard Fenced

HOA Fees

  • $59 Monthly HOA Fees

Interior Spaces

  • 1,213 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Living Room with Fireplace
  • Open-Concept Dining Room
  • Rural Views
  • Laundry on main level

Kitchen

  • Open to Family Room
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Vaulted Bathroom Ceilings
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • 1 Parking Space
  • Varies By Unit
  • Driveway
  • Assigned Parking

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1307
  • Assessor Parcel Number 129 564

Community Details

Overview

  • Douglas Property Mgmt Association
  • Secondary HOA Phone (770) 926-3086
  • Hutchinson Pointe Subdivision
  • FHA/VA Approved Complex
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,889

Year Built

Built in 1999 | Remodeled

Lot Details

0

HOA Fees

$59 per month

Listing Details

  • Standard Status: Closed
  • Legal Description: 2-1 132 LT136 UN3625 UN1 HUTCHINSON PT
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse
  • Property Condition: Updated/Remodeled
  • Year Built: 1999
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Laminate
  • Fireplace Features: Living Room
  • Number Of Fireplaces: 1
  • Appliances: Refrigerator
  • Interior Amenities: Entrance Foyer
  • Kitchen Features: Eat-in Kitchen, View to Family Room
  • Common Walls: End Unit
  • Additional Rooms: Living Room
  • Dining Room Features: Open Concept
  • Square Footage: 1213.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo, Vaulted Ceilings

Exterior Features

  • Fencing: Back Yard
  • Exterior Features: Private Yard, Tennis Court(s)
  • Pool Features: In Ground
  • View: Rural
  • Pool Private: Yes
  • Foundation: None

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking Features: Assigned, Driveway, Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Main Level
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Electric: None

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc, Park, Playground, Pool, Tennis Court(s)
  • Association Fee: 710
  • Association Fee Frequency: Annually
  • F H A Condo Approval: Yes
  • Association: Yes
  • Management Phone: 770-926-3086
  • Subdivision Complex: Hutchinson Pointe

Association/Amenities

  • Management Company: Douglas Property Mgmt

Schools

  • Elementary School: Forsyth - Other
  • Middle School: Forsyth - Other
  • High School: Forsyth - Other

Lot Info

  • Acres: 0.0300
  • Lot: 1307
  • Lot Features: Back Yard
  • Lot Dimensions: x
  • Parcel Number: 129 564
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1889.00
  • Assessor Parcel Number: 129-000-564
  • Close Date: 2022-05-04
  • Tax Year: 2021

MLS Schools

  • Elementary School: Forsyth - Other
  • High School: Forsyth - Other
  • Middle School: Forsyth - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
May 4, 2022
Sold by
Alfonso Oscar Miguel
Bought by
Delancer Paola Chalas and De Lancer Pamela
Seller's Agent
Tierra Wallace
Virtual Properties Realty.com
Buyer's Agent
Tierra Wallace
Virtual Properties Realty.com
List Price
$250,000
Sold Price
$270,000
Premium/Discount to List
$20,000
8%
Total Days on Market
4
Current Estimated Value
$298,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,619
Avg. Annual Appreciation
3.70%
Original Mortgage
$243,000
Outstanding Balance
$231,995
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$70,081

Purchase Details

Closed on
May 28, 2020
Sold by
Andersen Karen M
Bought by
Alfonso Oscar Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,902
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 1999
Sold by
Our Generations Inc
Bought by
Moss Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,901
Interest Rate
7.51%
Mortgage Type
FHA
Source: Public Records

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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
Alfonso Oscar Miguel $171,000 --
Moss Joann $97,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delancer Paola Chalas $243,000
Closed Alfonso Oscar Miguel $167,902
Previous Owner Moss Joann $100,000
Previous Owner Moss Joann $95,901
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold $270,000 +8.0% $223 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $250,000 -- $206 / 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
2024 $2,483 $114,776 $66,000 $48,776
2023 $1,912 $103,796 $56,000 $47,796
2022 $2,169 $68,400 $31,040 $37,360
2021 $1,889 $68,400 $31,040 $37,360
2020 $1,835 $66,440 $32,000 $34,440
2019 $1,652 $59,728 $20,000 $39,728
2018 $202 $54,856 $20,000 $34,856
2017 $199 $50,176 $20,000 $30,176
2016 $188 $42,296 $16,000 $26,296
2015 $169 $36,976 $12,000 $24,976
2014 $105 $29,748 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7029352

First Multiple Listing Service (FMLS)

APN: 129-564