$107,000
SOLD MAR 6, 2015

3740 Magnolia Walk Trail Cumming, GA 30040

2 Beds
3 Baths
1,200 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$89 Per Sq Ft

3% Below List Price

117 Days on Market

Highlights

  • Two Primary Bedrooms
  • Community Pool
  • Park
  • George W. Whitlow Elementary School Rated A
  • Tennis Courts
  • Family Room

About This Home

As of December 2022

TOWN HOME IN GREAT COMMUNITY. CONVENIENT TO EVERYTHING. EACH BEDROOM HAS PRIVATE BATH, PERFECT FOR ROOMMATES! END UNIT. PRIVATE PATIO IN NICE BACKYARD. NEW PAINT, NEW CARPET. LARGE GREAT RM WITH LOTS OF LIGHT. COVERED PARKING WITH STORAGE.

Last Agent to Sell the Property

John Morris

HomeSmart License #140926 Listed on: 10/09/2014

HomeSmart

Last Buyer's Agent

BRANDI COWART

Bella Realty Group, Inc. License #313033

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,823

Year Built

  • 1998

Home Design

  • Slab Foundation

Interior Spaces

  • Double Master Bedroom
  • Family Room

Schools

  • Cumming / Forsyth / Forsyth County Elementary School
  • Otwell / Forsyth / Forsyth County Middle School
  • Forsyth Central / Forsyth / Forsyth County High School

Utilities

  • Satellite Dish

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Property Details

Home Type

Other

Est. Annual Taxes

$2,823

Year Built

1998

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1998

Interior Features

  • Basement: Slab/None
  • Equipment: Satellite Dish
  • Kitchen Equipment: Dishwasher, Built-In Microwave, Refrigerator
  • Interior Amenities: Cable In Street, Ceilings 9 Ft Plus
  • Laundry Location: Hall
  • Kitchen / Breakfast: Breakfast Area

Exterior Features

  • Construction: Brick/Frame
  • Exterior Features: Deck/Patio
  • Roof Type: Composition
  • Waterfront Frontage: 0

Garage/Parking

  • Parking: 1 Car, Carport, Detached

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Electric
  • Water/Sewer: Public Water

Condo/Co-op/Association

  • HOA Fees: 710
  • HOA Fee Frequency: Annual
  • Building Access: Open Access

Association/Amenities

  • Amenities: Neighborhood Association, Park, Playground, Pool, Tennis Courts

Schools

  • Elementary School: Cumming / Forsyth / Forsyth County, GA
  • Elementary Bus Line: No
  • High School: Forsyth Central / Forsyth / Forsyth County, GA
  • High School Bus: No
  • Middle School: Otwell / Forsyth / Forsyth County, GA
  • Middle School Bus: No

Lot Info

  • Lot Description: Level Lot

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
$304,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,573
Avg. Annual Appreciation
10.47%
Original Mortgage
$105,061
Interest Rate
3.5%
Mortgage Type
FHA

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
Not Available
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 $107,000 --
Deed $94,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $272,964 FHA
Closed $15,531 FHA
Closed $105,061 FHA
Previous Owner $15,000 Stand Alone Second
Previous Owner $92,721 Stand Alone Second
Previous Owner $92,127 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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

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Map

Source: Georgia MLS

MLS Number: 07348356

Georgia MLS

APN: 129-540