NOT LISTED FOR SALE

3810 Magnolia Walk Trail Unit 3810 Cumming, GA 30040

Estimated Value: $298,000 - $329,000

3 Beds
2.5 Baths
1,240 Sq Ft
$249/Sq Ft Est. Value

Last Sold May 23, 2014

Last sale price $100,000 $81 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $1,932/month

Highlights

  • Traditional Architecture
  • End Unit
  • Solid Surface Countertops
  • George W. Whitlow Elementary School Rated A
  • Private Yard
  • Community Pool

About This Home

As of May 2014

Terrific end unit in great location and close to everything. Move in condition. Fresh interior paint. New carpet. New light fixtures. All new SS appliances. Great community amenities.

Last Agent to Sell the Property

Gerardo Guerra

Keller Williams Realty Atlanta Partners License #213486 Listed on: 03/07/2014

Keller Williams Realty Atlanta Partners

Last Buyer's Agent

Nidia Guzman

Virtual Properties Realty.com License #296612

Virtual Properties Realty.com

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $563

Year Built

  • Built in 1998

Lot Details

  • End Unit
  • Private Yard
  • Front Yard

HOA Fees

  • $53 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Split Level Home
  • Composition Roof
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 1,240 Sq Ft Home
  • Roommate Plan
  • Ceiling height of 9 feet on the lower level
  • Family Room with Fireplace
  • Living Room
  • Open Access

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 2 Parking Spaces
  • Driveway
  • Assigned Parking

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Energy-Efficient HVAC
  • Patio

Listing and Financial Details

  • Tax Lot 118
  • Assessor Parcel Number 3810MagnoliaWalk3810TRL

Community Details

Overview

  • Hutchinson Pointe Subdivision
  • Rental Restrictions

Recreation

  • Community Playground
  • Community Pool

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$563

Year Built

Built in 1998

Lot Details

0

HOA Fees

$53 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse, Traditional
  • Property Condition: Resale
  • Year Built: 1998
  • Levels Stories: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Interior Amenities: High Ceilings 9 ft Lower, High Ceilings 9 ft Upper
  • Kitchen Features: Cabinets White, Solid Surface Counters, Eat-in Kitchen
  • Common Walls: End Unit
  • Additional Rooms: Family Room, Living Room
  • Square Footage: 1240.00

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick 3 Sides
  • Roof Type: Composition
  • Patio And Porch Features: Patio
  • Exterior Features: Private Yard

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Assigned, Driveway

Utilities

  • Security: Fire Alarm, Open Access, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Laundry Room, Main Level

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Maintenance Grounds
  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc, Playground, Pool
  • Association Fee: 53
  • Association Fee Frequency: Monthly
  • Master Association Fee: 670
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Hutchinson Pointe

Association/Amenities

  • Number Of Units In Community: 1

Schools

  • Elementary School: Cumming
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Lot: 118
  • Lot Features: Front Yard
  • Parcel Number: 3810MagnoliaWalk3810TRL
  • Property Attached Yn: Yes

Green Features

  • Efficiency: HVAC

Tax Info

  • Taxes: 563.00
  • Assessor Parcel Number: 129-000-020-000118
  • Close Date: 2014-05-23
  • Tax Year: 2012

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Cumming
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2014
Closed on
May 23, 2014
Sold by
Prime Funding Inc
Bought by
Arreola Gerardo and Castellandos Isolina G
Seller's Agent
Gerardo Guerra
Keller Williams Realty Atlanta Partners
Buyer's Agent
Nidia Guzman
Virtual Properties Realty.com
List Price
$99,900
Sold Price
$100,000
Premium/Discount to List
$100
0.1%
Current Estimated Value
$308,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,430
Avg. Annual Appreciation
10.40%
Original Mortgage
$956,112
Outstanding Balance
$730,572
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
-$422,142

Purchase Details

Closed on
Sep 12, 2013
Sold by
Lawrence Daniel W
Bought by
Prime Funding Inc

Purchase Details

Closed on
Jul 28, 2006
Sold by
Tillis Antonia R
Bought by
Lawrence Daniel W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,505
Interest Rate
6.74%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 2002
Sold by
Brumbelow Robbie and Brumbelow Tiffany
Bought by
Tillis Antonia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,050
Interest Rate
6.86%
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
Arreola Gerardo $100,000 --
Prime Funding Inc $91,500 --
Lawrence Daniel W $134,000 --
Tillis Antonia R $116,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arreola Gerardo $956,112
Previous Owner Lawrence Daniel W $132,505
Previous Owner Tillis Antonia R $115,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2014 05/23/14 Sold $100,000 +0.1% $81 / Sq Ft
03/30/2014 03/30/14 Pending -- -- --
03/07/2014 03/07/14 For Sale $99,900 -- $81 / 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
2025 $2,845 $116,848 $66,000 $50,848
2024 $2,845 $116,032 $66,000 $50,032
2023 $2,587 $105,092 $56,000 $49,092
2022 $2,199 $71,496 $32,000 $39,496
2021 $1,974 $71,496 $32,000 $39,496
2020 $1,860 $67,344 $32,000 $35,344
2019 $1,682 $60,832 $20,000 $40,832
2018 $1,546 $55,920 $20,000 $35,920
2017 $1,419 $51,124 $20,000 $31,124
2016 $1,197 $43,124 $16,000 $27,124
2015 $1,050 $37,764 $12,000 $25,764
2014 $792 $29,932 $12,000 $17,932
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5259492

First Multiple Listing Service (FMLS)

APN: 129-546