$173,000
SOLD JUN 11, 2019

3640 Magnolia Walk Trail Cumming, GA 30040

2 Beds
2.5 Baths
1,333 Sq Ft
$38/mo HOA Fee

Recently Sold

$130 Per Sq Ft

1% Below List Price

3 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • Community Pool
  • George W. Whitlow Elementary School Rated A
  • Stone Countertops
  • Tennis Courts

About This Home

As of October 2024

What a charmer! This recently updated townhome just minutes to downtown Cumming, this fantastic location can't be beat! Brand new LVP flooring on the main floor and bathrooms, and brand new carpet upstairs. Freshly painted walls and trim, brand new granite in the kitchen and both baths! Light and bright kitchen with white cabinets, and sunny breakfast area. This unit also has a covered carport with a storage closet. Well cared for community with low HOA dues and wonderful community feel!

Last Agent to Sell the Property

Rhonda Duffy

Duffy Realty of Atlanta License #177871 Listed on: 05/10/2019

Last Buyer's Agent

Robert Mack

BHGRE Metro Brokers License #354484

BHGRE Metro Brokers

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,590

Year Built

  • Built in 1999

Lot Details

  • 1,307 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,333 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Ceiling Fan
  • Insulated Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Carpet
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry on main level
  • 220 Volts In Laundry

Parking

  • 1 Carport Space
  • Parking Accessed On Kitchen Level
  • Driveway Level

Outdoor Features

  • Courtyard
  • Patio

Schools

  • George W. Whitlow Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • 110 Volts
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 129 532

Community Details

Overview

  • 100 Units
  • Hutchinson Pointe Subdivision

Recreation

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,590

Year Built

Built in 1999

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1999
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
  • Interior Amenities: Disappearing Attic Stairs, Entrance Foyer, Walk-In Closet(s)
  • Kitchen Features: Cabinets White, Eat-in Kitchen, Pantry, Stone Counters, View to Family Room
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Great Room
  • Square Footage: 1333.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Roommate Floor Plan
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

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

Garage/Parking

  • Carport or Garage: 1
  • Number of Carport Spaces: 1
  • Parking Features: Carport, Driveway, Kitchen Level, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: Main Level
  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts, 220 Volts in Laundry

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Homeowners Assoc, Pool, Tennis Court(s)
  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Subdivision Complex: Hutchinson Pointe

Association/Amenities

  • Number Of Units In Community: 100

Schools

  • Elementary School: George W. Whitlow
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Acres: 0.0300
  • Lot Features: Level
  • Parcel Number: 129 532
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1590.00
  • Assessor Parcel Number: 129-000-532
  • Close Date: 2019-06-11
  • Tax Year: 2018

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: George W. Whitlow
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
Jun 11, 2019
Sold by
Crace Gary G
Bought by
Rowe Charlene Jan
Seller's Agent
Rhonda Duffy
Duffy Realty of Atlanta
Buyer's Agent
Robert Mack
BHGRE Metro Brokers
List Price
$175,000
Sold Price
$173,000
Premium/Discount to List
-$2,000
-1.14%
Current Estimated Value
$313,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,861
Avg. Annual Appreciation
9.82%
Original Mortgage
$158,424
Outstanding Balance
$141,760
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$165,939

Purchase Details

Closed on
Aug 15, 2003
Sold by
Barron John H
Bought by
Crace Gary G and Crace Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 1999
Sold by
Our Generations Inc
Bought by
Barron John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,900
Interest Rate
7.91%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $173,000 --
Deed $107,500 --
Deed $105,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $158,424 FHA
Previous Owner $86,000 New Conventional
Previous Owner $101,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Sold $305,000 -1.6% $229 / Sq Ft
09/22/2024 09/22/24 Pending -- -- --
08/03/2024 08/03/24 For Sale $310,000 +79.2% $233 / Sq Ft
06/11/2019 06/11/19 Sold $173,000 -1.1% $130 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $175,000 -- $131 / 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 $462 $117,748 $66,000 $51,748
2023 $347 $106,456 $56,000 $50,456
2022 $451 $72,664 $32,000 $40,664
2021 $441 $72,664 $32,000 $40,664
2020 $438 $69,200 $22,440 $46,760
2019 $1,704 $61,604 $20,000 $41,604
2018 $1,590 $57,504 $20,000 $37,504
2017 $1,460 $52,592 $20,000 $32,592
2016 $1,232 $44,392 $16,000 $28,392
2015 $1,084 $38,992 $12,000 $26,992
2014 $827 $31,228 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6550848

First Multiple Listing Service (FMLS)

APN: 129-532