NOT LISTED FOR SALE

3732 Old Towne Ln Cumming, GA 30040

Estimated Value: $534,000 - $559,000

5 Beds
3.5 Baths
3,016 Sq Ft
$181/Sq Ft Est. Value

Last Sold January 24, 2019

Last sale price $272,500 $90 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,478/month

26 Days on Market

Highlights

  • Open-Concept Dining Room
  • City View
  • Clubhouse
  • Sawnee Elementary School Rated A
  • Craftsman Architecture
  • Wood Flooring

About This Home

As of January 2019

SOUGHT AFTER MASTER ON MAIN PLAN IN FRIENDLY SWIM TENNIS COMMUNITY. WEST FORSYTH HIGH! Great location close to hwy 20 and downtown Cumming. This 5 bdrm home and 3.5 bath home offers Stained cabinets, large island with breakfast bar. Kitchen open to Family Room with gas fireplace. Great Master Suite w/ hrdwds & spa-like bathroom w/ large walk-in closet. 4-secondary bedrooms with 2 full baths up. PLUS LOFT. Laundry room is conveniently located upstairs. Amenity-rich subdiv with swim, tennis, and playground. Close proximity to Shopping and Dining and Top Forsyth Schools!

Last Agent to Sell the Property

Home With Sherry Team

Compass Listed on: 12/07/2018

Compass

Co-Listed By

April Cotney

Keller Williams Realty Atlanta Partners License #360603

Last Buyer's Agent

Michael Garcia-Carreras

NOT A VALID MEMBER License #389279

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,944

Year Built

  • Built in 2004

Lot Details

  • 6,534 Sq Ft Lot
  • Front Yard Fenced
  • Vinyl Fence
  • Level Lot
  • Irrigation Equipment

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 3,016 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Formal Dining Room
  • Loft
  • Bonus Room
  • City Views

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Hall

Outdoor Features

  • Covered patio or porch

Schools

  • Sawnee Elementary School
  • Liberty - Forsyth Middle School
  • West Forsyth High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 63 / A
  • Assessor Parcel Number 078 233

Community Details

Overview

  • $150 Initiation Fee
  • Team Management, Llc Association, Phone Number (678) 393-2202
  • Secondary HOA Phone (678) 393-2202
  • Old Towne Bethelview Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,944

Year Built

Built in 2004

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Traditional
  • Property Condition: Resale
  • Year Built: 2004
  • 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 Log, Gas Starter
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment, Satellite Dish
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Double Vanity, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Family Room, Loft
  • Dining Room Features: Open Concept, Separate Dining Room
  • Square Footage: 3016.00

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Construction Materials: Cement Siding, Stone
  • Roof Type: Composition, Shingle
  • Fencing: Fenced, Front Yard, Vinyl
  • Patio And Porch Features: Covered, Front Porch
  • View: City

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Side

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Hot Water, Natural Gas
  • Laundry Features: In Hall, Laundry Room
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Homeowners Assoc, Playground, Pool, Sidewalks, Tennis Court(s)
  • Association Fee: 595
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 678-393-2202
  • Management Phone: 678-393-2202
  • Subdivision Complex: Old Towne Bethelview

Association/Amenities

  • Management Company: Team Management, LLC

Schools

  • Elementary School: Sawnee
  • Middle School: Liberty - Forsyth
  • High School: West Forsyth

Lot Info

  • Acres: 0.1500
  • Lot: 63
  • Land/Lot: 1167
  • Section G M D: 2nd
  • Deed Book: 3489
  • Deed Page: 139
  • Plat Book: 74
  • Plat Page: 45-53
  • Lot Features: Level
  • Parcel Number: 078 233
  • Property Attached Yn: No

Rental Info

  • Initiation Fee: 150

Tax Info

  • Taxes: 2944.00
  • Assessor Parcel Number: 078-000-233
  • Close Date: 2019-01-24
  • Tax Year: 2017

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Sawnee
  • High School: West Forsyth
  • Middle School: Liberty - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2018
Closed on
Jan 24, 2019
Sold by
Nathan Madhusudhan
Bought by
Garcia-Carreras Michael and Garcia-Carreras Christina
Seller's Agent
Home With Sherry Team
Compass
Buyer's Agent
Michael Garcia-Carreras
NOT A VALID MEMBER
List Price
$285,000
Sold Price
$272,500
Premium/Discount to List
-$12,500
-4.39%
Total Days on Market
26
Current Estimated Value
$546,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,417
Avg. Annual Appreciation
11.60%
Original Mortgage
$245,250
Outstanding Balance
$217,765
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$329,152

Purchase Details

Closed on
Aug 27, 2004
Sold by
Nathan Madhusudhan
Bought by
Nathan Madhusudhan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,452
Interest Rate
4.37%
Mortgage Type
New Conventional
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
Garcia-Carreras Michael $272,500 --
Nathan Madhusudhan -- --
Nathan Madhusudhan $234,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia-Carreras Michael $245,250
Previous Owner Nathan Madhusudhan $180,000
Previous Owner Nathan Madhusudhan $207,000
Previous Owner Nathan Madhusudhan $187,452
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2019 01/24/19 Sold $272,500 -0.9% $90 / Sq Ft
01/02/2019 01/02/19 Pending -- -- --
12/26/2018 12/26/18 Price Changed $275,000 -3.5% $91 / Sq Ft
12/07/2018 12/07/18 For Sale $285,000 0.0% $94 / Sq Ft
06/30/2014 06/30/14 Rented $1,700 0.0% --
06/30/2014 06/30/14 For Rent $1,700 -- --
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 $4,300 $204,336 $52,000 $152,336
2023 $3,708 $190,708 $52,000 $138,708
2022 $3,804 $130,984 $32,000 $98,984
2021 $3,444 $130,984 $32,000 $98,984
2020 $2,920 $109,000 $25,600 $83,400
2019 $3,294 $119,124 $28,000 $91,124
2018 $3,109 $112,416 $28,000 $84,416
2017 $2,944 $106,072 $28,000 $78,072
2016 $2,611 $94,072 $16,000 $78,072
2015 $2,616 $94,072 $16,000 $78,072
2014 $2,312 $87,324 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6108825

First Multiple Listing Service (FMLS)

APN: 078-233