NOT LISTED FOR SALE

3740 Magnolia Walk Trail Cumming, GA 30040

Estimated Value: $303,000 - $314,000

2 Beds
2.5 Baths
1,200 Sq Ft
$256/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $278,000 $232 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,927/month

15 Days on Market

Highlights

  • Traditional Architecture
  • End Unit
  • Tennis Courts
  • George W. Whitlow Elementary School Rated A
  • Community Pool
  • Den

About This Home

As of December 2022

Charming 2 story end unit Townhome in the heart of Cumming. Spacious living room and kitchen on the main level. Upstairs is a perfect roommate plan with large bedrooms, walk-in closets, and private baths. Enjoy the backyard with the extra green space and patio great for entertaining. This townhome has covered carport parking with extra storage room. Amenities include swim/tennis with low HOA Fees. Convenient location to shopping, restaurants, Lake Lanier, GA 400 and so much more.

Last Agent to Sell the Property

BRANDI COWART

Bella Realty Group, Inc. License #313033 Listed on: 11/07/2022

Last Buyer's Agent

Nubia Cirelli

Virtual Properties Realty.com License #387373

Virtual Properties Realty.com

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,984

Year Built

  • Built in 1998

Lot Details

  • 1,307 Sq Ft Lot
  • End Unit

HOA Fees

  • $59 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Tar and Gravel Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Laundry in Hall

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Parking

  • 2 Car Garage
  • Carport
  • Parking Storage or Cabinetry

Outdoor Features

  • Patio

Schools

  • Whitlow Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 112/U

Community Details

Overview

  • Association fees include swimming, tennis
  • Hutchinson Pointe Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,984

Year Built

Built in 1998

Lot Details

0

HOA Fees

$59 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • ArchitecturalStyle: Brick Front, Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: FHA
  • Levels: Two
  • Lot Size Acres: .03
  • Property Sub-Type: Townhouse
  • Structure Type: Other
  • Total Finished Area2: 1200
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Microwave, Oven/Range (Combo), Refrigerator
  • Bedrooms: 2
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: None
  • Total Finished Sq Ft: 1200
  • Above Grade Finished Sq Ft: 1200
  • Interior Amenities: Walk-In Closet(s), Split Bedroom Plan
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Carpet, Laminate, Vinyl
  • Kitchen Features: Breakfast Area
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 231.67

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Lot Features: Level
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Parking Features: Carport, Storage
  • ParkingTotal: 2

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: Laundry Closet, In Hall
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Cable Available, Sewer Connected, Electricity Available, High Speed Internet, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 708
  • Association: Yes
  • Community Features: Playground, Pool, Tennis Court(s)

Fee Information

  • Association Fee Includes: Swimming, Tennis

Schools

  • Elementary School: Whitlow
  • High School: Forsyth Central
  • High School Bus: Yes
  • Middle School: Otwell
  • Middle School Bus: Yes
  • Elementary School: Whitlow
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Lot: 112/U

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1984.45

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2014
Closed on
Mar 6, 2015
Sold by
Cates Christina Melanie
Bought by
Spivey Blayne Alan
Seller's Agent
John Morris
HomeSmart
Buyer's Agent
BRANDI COWART
Bella Realty Group, Inc.
List Price
$109,900
Sold Price
$107,000
Premium/Discount to List
-$2,900
-2.64%
Current Estimated Value
$306,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,861
Avg. Annual Appreciation
10.46%
Original Mortgage
$105,061
Outstanding Balance
$79,928
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$226,933

Purchase Details

Closed on
Jan 21, 1999
Sold by
Our Generations
Bought by
Cates Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,127
Interest Rate
6.8%
Mortgage Type
FHA
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
Spivey Blayne Alan $107,000 --
Cates Christina M $94,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spivey Blayne Alan $105,061
Previous Owner Cates Christina M $92,127
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2022 12/09/22 Sold $278,000 +1.1% $232 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
11/07/2022 11/07/22 For Sale $275,000 +157.0% $229 / Sq Ft
03/06/2015 03/06/15 Sold $107,000 -2.6% $89 / Sq Ft View Prior Sale
02/03/2015 02/03/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $109,900 0.0% $92 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
11/06/2014 11/06/14 For Sale $109,900 0.0% $92 / Sq Ft
10/24/2014 10/24/14 Pending -- -- --
10/09/2014 10/09/14 For Sale $109,900 -- $92 / 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 $2,823 $115,912 $66,000 $49,912
2024 $2,823 $115,124 $66,000 $49,124
2023 $2,567 $104,276 $56,000 $48,276
2022 $2,211 $71,864 $32,000 $39,864
2021 $1,984 $71,864 $32,000 $39,864
2020 $1,869 $67,684 $32,000 $35,684
2019 $1,694 $61,264 $20,000 $41,264
2018 $1,548 $55,964 $20,000 $35,964
2017 $1,428 $51,436 $20,000 $31,436
2016 $1,187 $42,764 $13,644 $29,120
2015 $1,046 $37,632 $12,000 $25,632
2014 $802 $30,312 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • BRANDI COWART

    Seller's Agent in 2022

    BRANDI COWART

    Bella Realty Group, Inc.

    (770) 402-5618

    1 in this area

    10 Total Sales

    BRANDI COWART
    Section Image
  • Nubia Cirelli

    Buyer's Agent in 2022

    Nubia Cirelli

    Virtual Properties Realty.com

    (404) 516-3205

    1 in this area

    123 Total Sales

    Nubia Cirelli
    Section Image

  • J

    Seller's Agent in 2015

    John Morris

    HomeSmart

    (770) 401-3386

    4 Total Sales

    John Morris
    Section Image
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Map

Source: Georgia MLS

MLS Number: 20085361

Georgia MLS

APN: 129-540

Georgia Forsyth County Cumming 30040

3740 Magnolia Walk Trail, Cumming, GA

This home is located at 3740 Magnolia Walk Trail, Cumming, GA 30040 since 07 November 2022 and is currently estimated at $306,861, approximately $255 per square foot. This property was built in 1998. 3740 Magnolia Walk Trail is a home located in Forsyth County with nearby schools including George W. Whitlow Elementary School, Otwell Middle School, and Forsyth Central High School.

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