NOT LISTED FOR SALE

3735 Adams Rd Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $1,869,000 - $2,376,245

7 Beds
7 Baths
7,169 Sq Ft
$284/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $1,000,000 $139 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $12,145/month

70 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Home Theater
  • RV or Boat Storage in Community
  • Chattahoochee Elementary School Rated A
  • Lake On Lot
  • Community Lake

About This Home

As of February 2016

REDUCED! B'ful home on south Lake Lanier. Over 4.5ac level lot with dock permit & access to lake & boat ramp in lg cove. Brick estate home with 7 bedrooms and 6.5 baths.Formal dining room, huge family room with fireplace.Wall of windows with view to private bkyd and seasonal view of the lake. Chef's kitchen with custom cabinets, granite counters, and stainless appliances.Gorgeous master on main.3 car garage with add'l boat door in basement. Terrace level with 2nd kitchen, 2 bedrooms and 1 bath perfect for in-law suite. Home has too much to list. This is a must see!!

Last Agent to Sell the Property

Ramesh Seegulam

Nation One Realty Group, Inc. License #299976 Listed on: 10/21/2015

Co-Listed By

Sherry Seegulam

Nation One Realty Group, Inc. License #306358

Last Buyer's Agent

Shelly Clark

First United Realty License #285754

First United Realty

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $16,329

Year Built

  • 2007

Lot Details

  • 100 Feet of Waterfront

Interior Spaces

  • 7,169 Sq Ft Home
  • Great Room
  • Family Room
  • Dining Room Seats More Than Twelve
  • Home Theater
  • Den
  • Library
  • Recreation Room
  • Bonus Room
  • Home Gym

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • In-Law or Guest Suite

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Boat door in Basement
  • Natural lighting in basement

Outdoor Features

  • Dock Rights
  • Lake On Lot

Utilities

  • Underground Utilities
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 1-5

Community Details

Overview

  • Community Lake

Recreation

  • RV or Boat Storage in Community

Property Details

Home Type

Other

Est. Annual Taxes

$16,329

Year Built

2007

Lot Details

0

Listing Details

  • District: 1
  • Section: 298
  • Property Setting: Lake
  • Special Features: 20
  • Year Built: 2007

Interior Features

  • Fireplaces: 2
  • Fireplace(s): 2, In Basement, In Great/Family Room
  • Lower Level Bedroom: 2
  • Main Floor Bedrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Basement: Boat Door, Concrete, Daylight, Inside Entrance, Finished Rooms, Full
  • Kitchen Equipment: Separate Cooktop, Dishwasher, Double Oven, Garbage Disposal, Wall Oven, Range/Oven
  • Feature Name: Lanier
  • Interior Amenities: Bookcases, Cable In Street, Cable TV Connections, Trey Ceilings, Ceilings 9 Ft Plus, Double Vanity, 2 Story Foyer, Entrance Foyer, Garden Tub, Hardwood Floors, Separate Shower, Tile Bath, Tile Floors, Walk-in Closet, Whirlpool Bath
  • Laundry Type: Room
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Breakfast Room, Second Kitchen, Solid Surface Counters, Walk-in Pantry
  • Above Grade Finished Sq Ft: 7169

Exterior Features

  • Roof: Composition
  • Exterior Features: Deck/Patio, Porch, Workshop
  • Boathouse/Dock: Dock Rights
  • Construction: Brick 4 Sided, Stone, Stone/Frame
  • Waterfront Type: Corps of Engineers Controlled, Deep Water Access, Lake Access, Water View
  • Waterfront Frontage: 100

Garage/Parking

  • Parking: 3 Car Or More, Attached, Auto Garage Door, Garage, RV/Boat Parking, Side/Rear Entrance, Storage

Utilities

  • Cooling Fuel: Electric, Gas
  • Cooling: Ceiling Fan, Central, Zoned/Dual
  • Heating Fuel: Gas
  • Heating: Forced Air, Zoned/Dual
  • Energy Features: Gas Water Heater
  • Water/Sewer: Public Water, Septic Tank

Association/Amenities

  • Amenities: Boat/Camper/Van Prkg, Lake, Underground Utilities

Schools

  • Elementary Bus Line: Yes
  • High School Bus: Yes
  • Middle School Bus: Yes
  • Elementary School: Chattahoochee / Forsyth / Forsyth County, GA
  • Middle School: Little Mill / Forsyth / Forsyth County, GA
  • High School: Forsyth Central / Forsyth / Forsyth County, GA

Lot Info

  • Lot Description: Level Lot, Open Land, Private Backyard
  • Lot Size: 2-5 Acres
  • Land Lot: 14
  • Lot: 1-5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2015
Closed on
Feb 25, 2016
Sold by
Martin Kristin R
Bought by
Martin Kristin R and Martin Christopher Alan
Seller's Agent
Ramesh Seegulam
Nation One Realty Group, Inc.
Buyer's Agent
Shelly Clark
First United Realty
List Price
$1,199,000
Sold Price
$1,000,000
Premium/Discount to List
-$199,000
-16.6%
Current Estimated Value
$2,034,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,034,061
Avg. Annual Appreciation
7.65%
Original Mortgage
$800,000
Outstanding Balance
$636,127
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$1,397,934

Purchase Details

Closed on
Jul 7, 2015
Sold by
Hagan Richard M
Bought by
M & T Bank
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 Buyer Sale Price Title Company
Martin Kristin R -- --
Martin Kristin R $1,000,000 --
M & T Bank $895,829 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Kristin R $800,000
Closed Martin Kristin R $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2016 02/26/16 Sold $1,000,000 0.0% $139 / Sq Ft
12/30/2015 12/30/15 Pending -- -- --
12/23/2015 12/23/15 Price Changed $1,000,000 -9.0% $139 / Sq Ft
11/25/2015 11/25/15 Price Changed $1,099,000 -8.3% $153 / Sq Ft
10/21/2015 10/21/15 For Sale $1,199,000 -- $167 / Sq Ft
Source: Georgia MLS

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 $16,329 $823,400 $331,228 $492,172
2024 $16,329 $777,400 $298,592 $478,808
2023 $13,939 $653,724 $260,820 $392,904
2022 $14,920 $490,672 $210,960 $279,712
2021 $12,930 $490,672 $210,960 $279,712
2020 $12,679 $478,500 $210,960 $267,540
2019 $12,304 $459,448 $196,800 $262,648
2018 $12,810 $482,632 $196,800 $285,832
2017 $11,014 $400,000 $167,080 $232,920
2016 $12,011 $432,752 $180,800 $251,952
2015 $11,415 $413,712 $174,800 $238,912
2014 $10,269 $391,176 $174,800 $216,376
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Ramesh Seegulam

    Nation One Realty Group, Inc.

    (404) 433-0330

    2 in this area

    142 Total Sales

    Ramesh Seegulam
    Section Image
  • Sherry Seegulam

    Seller Co-Listing Agent in 2016

    Sherry Seegulam

    Nation One Realty Group, Inc.

    (770) 904-3779

    1 in this area

    40 Total Sales

    Sherry Seegulam
    Section Image

  • S

    Buyer's Agent in 2016

    Shelly Clark

    First United Realty

    Section Image
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Map

Source: Georgia MLS

MLS Number: 07541144

Georgia MLS

APN: 241-299

Georgia Forsyth County Cumming 30041 Lake Lanier

3735 Adams Rd, Cumming, GA

This home is located at 3735 Adams Rd, Cumming, GA 30041 since 21 October 2015 and is currently estimated at $2,034,061, approximately $283 per square foot. This property was built in 2007. 3735 Adams 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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