NOT LISTED FOR SALE

3840 Magnolia Walk Trail Cumming, GA 30040

Estimated Value: $295,000 - $329,000

3 Beds
2.5 Baths
1,240 Sq Ft
$247/Sq Ft Est. Value

Last Sold August 08, 2014

Last sale price $107,500 $87 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $1,917/month

Highlights

  • Traditional Architecture
  • End Unit
  • Community Pool
  • George W. Whitlow Elementary School Rated A
  • Private Yard
  • Breakfast Room

About This Home

As of August 2014

Beautiful end unit in desirable Hutchinson Pointe Community. Great convenient location. Recently renovated. Fresh interior paint. New carpet. New SS appliances. New lighting. New flooring. Move-in condition. Private backyard. Great community amenities incl. Swim and Playground. No need to preview.

Last Agent to Sell the Property

Gerardo Guerra

Keller Williams Realty Atlanta Partners License #213486 Listed on: 06/16/2014

Keller Williams Realty Atlanta Partners

Last Buyer's Agent

ADRIANA AZUERO

Keller Williams Realty Atl Perimeter License #255671

Keller Williams Realty Atl Perimeter

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $646

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • End Unit
  • Private Yard
  • Front Yard

HOA Fees

  • $53 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Split Level Home
  • Composition Roof
  • Brick Front

Interior Spaces

  • 1,240 Sq Ft Home
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Family Room with Fireplace
  • Breakfast Room
  • Carpet
  • Open Access

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry in Hall
  • Laundry on lower level

Parking

  • 1 Parking Space
  • Driveway
  • Assigned Parking

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Energy-Efficient HVAC
  • Patio

Listing and Financial Details

  • Tax Lot 120
  • Assessor Parcel Number 3840MagnoliaWalk3840TRL

Community Details

Overview

  • Hutchinson Pointe Subdivision
  • Rental Restrictions

Recreation

  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$646

Year Built

Built in 1998 | Remodeled

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: Updated/Remodeled
  • Year Built: 1998
  • Levels Stories: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Interior Amenities: Double Vanity, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, His and Hers Closets, Tray Ceiling(s)
  • Kitchen Features: Breakfast Room, Cabinets White, Laminate Counters, Pantry
  • Common Walls: End Unit
  • Additional Rooms: Family Room, Other
  • Square Footage: 1240.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Split Bedroom Plan
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Shower Only

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking Features: Assigned, Driveway

Utilities

  • Security: Open Access
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Lower Level, In Hall

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot: 120
  • Lot Features: Front Yard
  • Lot Dimensions: .03
  • Parcel Number: 3840MagnoliaWalk3840TRL
  • Property Attached Yn: Yes

Green Features

  • Efficiency: HVAC

Tax Info

  • Taxes: 646.00
  • Assessor Parcel Number: 129-000-548
  • Close Date: 2014-08-08
  • Tax Year: 2013

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
Jun 16, 2014
Closed on
Aug 8, 2014
Sold by
Prime Funding Inc
Bought by
Ortie Blanco
Seller's Agent
Gerardo Guerra
Keller Williams Realty Atlanta Partners
Buyer's Agent
ADRIANA AZUERO
Keller Williams Realty Atl Perimeter
List Price
$109,900
Sold Price
$107,500
Premium/Discount to List
-$2,400
-2.18%
Current Estimated Value
$305,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,480
Avg. Annual Appreciation
9.84%
Original Mortgage
$86,000
Outstanding Balance
$65,770
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$240,210

Purchase Details

Closed on
Sep 3, 2013
Sold by
Anchinges Ingrid D
Bought by
Prime Funding Inc

Purchase Details

Closed on
Jan 12, 2001
Sold by
Deback Judith A
Bought by
Anchinges Ingrid D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
7.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 1999
Sold by
Our Generations Inc
Bought by
Deback Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,662
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
Ortie Blanco $107,500 --
Prime Funding Inc $59,501 --
Anchinges Ingrid D $108,000 --
Deback Judith A $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortie Blanco $86,000
Previous Owner Anchinges Ingrid D $97,200
Previous Owner Deback Judith A $95,662
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2014 08/08/14 Sold $107,500 -2.2% $87 / Sq Ft
06/22/2014 06/22/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $109,900 -- $89 / 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 $2,822 $115,888 $66,000 $49,888
2024 $2,822 $115,072 $66,000 $49,072
2023 $2,564 $104,172 $56,000 $48,172
2022 $2,176 $70,736 $32,000 $38,736
2021 $1,953 $70,736 $32,000 $38,736
2020 $1,841 $66,664 $32,000 $34,664
2019 $1,661 $60,072 $20,000 $40,072
2018 $1,528 $55,240 $20,000 $35,240
2017 $1,402 $50,524 $20,000 $30,524
2016 $1,182 $42,604 $16,000 $26,604
2015 $1,037 $37,284 $12,000 $25,284
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: 5305627

First Multiple Listing Service (FMLS)

APN: 129-548