NOT LISTED FOR SALE

3850 Mars Hill Rd Cumming, GA 30040

Estimated Value: $1,175,000 - $1,429,000

5 Beds
3.5 Baths
3,302 Sq Ft
$410/Sq Ft Est. Value

Last Sold May 10, 2013

Last sale price $510,000 $154 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $7,917/month

Highlights

  • Lake Front
  • Home Theater
  • Private Lot
  • DeSana Middle School Rated A
  • Deck
  • 4-minute walk to Fowler Park

About This Home

As of May 2013

$50,000 PRICE REDUCTION!! YOUR OWN PRIVATE RETREAT. CUSTOM BUILT ESTATE HM PERFECTLY SITED ON 8.9+/- ACRES W/LAKE IN CLOSE-IN FORSYTH CO. BEAUTIFUL TIMBER FRAME CONSTRUCTION, VERY EFFICIENT & ECONOMICAL GEO THERMAL HEATING & COOLING. LOVELY INTERIOR FEATURES INCLUDE HRDWD FLOORING, STUNNING OPEN BEAM CEILINGS, MSTR ON MAIN W/TWO ADD'L BEDROOMS ON MAIN. SCREENED PORCH WITH VIEWS OF LAKE. DETACHED WORKSHOP W/2-CAR GARAGE. FINISHED TERRACE W/SPACIOUS FIRESIDE REC RM, 2 BDRMS. LOVELY PASTURES SURROUND THIS HOME OFFERING GREAT PRIVACY, MINUTES AWAY FOR GA400. A MUST SEE!

Last Agent to Sell the Property

Ann Wallin

NOT A VALID MEMBER License #DUP Listed on: 03/07/2013

NOT A VALID MEMBER

Co-Listed By

JOANN M BARNES

NOT A VALID MEMBER License #DUP

Last Buyer's Agent

PANKAJKUMAR BHATT

Southern Bees Realty, Inc License #342865

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,312

Year Built

  • Built in 1995

Lot Details

  • Lake Front
  • Fenced
  • Private Lot
  • Wooded Lot
  • Garden

Parking

  • 4 Car Garage
  • Side Facing Garage

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 3,302 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Fireplace With Glass Doors
  • Fireplace Features Masonry
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Loft
  • Game Room
  • Workshop
  • Screened Porch
  • Lake Views
  • Attic Fan

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Dual Closets
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Shiloh Point Elementary School
  • Piney Grove Middle School
  • South Forsyth High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Satellite Dish

Additional Features

  • Accessible Hallway
  • Pasture

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 3850MarsHillRD

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,312

Year Built

Built in 1995

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1995
  • Accessibility Features: Accessible Hallway(s)
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Basement, Family Room, Glass Doors, Masonry
  • Number Of Fireplaces: 2
  • Other Equipment: Satellite Dish
  • Appliances: Dishwasher, Double Oven, Electric Range, Electric Water Heater, Self Cleaning Oven
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet, His and Hers Closets, Low-Flow Fixtures, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Room, Cabinets Stain, Solid Surface Counters, Kitchen Island, Pantry Walk-In, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Game Room, Great Room - 1 Story, Loft, Media Room, Workshop
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3302.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 2
  • Main Bedrooms: 3
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower, Vaulted Ceilings

Exterior Features

  • Other Structures: Outbuilding
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Screened
  • Exterior Features: Garden
  • View: Lake

Garage/Parking

  • Carport or Garage: 4
  • Number of Garage Spaces: 4
  • Parking Features: Attached, Detached, Garage, Garage Faces Side

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm, Security System Owned, Smoke Detector(s)
  • Cooling: Attic Fan, Central Air, Zoned
  • Heating: Forced Air, Zoned
  • Laundry Features: Laundry Room, Main Level

Condo/Co-op/Association

  • Community Features: Park
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually

Schools

  • Elementary School: Shiloh Point
  • Middle School: Piney Grove
  • High School: South Forsyth

Lot Info

  • Land/Lot: 529
  • Section G M D: 1ST
  • Plat Book: 38
  • Plat Page: 27
  • Lot Features: Pasture, Private, Wooded
  • Lot Dimensions: 8.94+/- Acres
  • Parcel Number: 3850MarsHillRD
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Windows

Tax Info

  • Taxes: 1312.00
  • Assessor Parcel Number: 061-000-038
  • Close Date: 2013-05-10
  • Tax Year: 2011

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Shiloh Point
  • High School: South Forsyth
  • Middle School: Piney Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2013
Closed on
May 10, 2013
Sold by
Shiver L C
Bought by
Budhavarapu Srikanth Sai and Budhavarapu Kathryn
Seller's Agent
Ann Wallin
NOT A VALID MEMBER
Buyer's Agent
PANKAJKUMAR BHATT
Southern Bees Realty, Inc
List Price
$589,000
Sold Price
$510,000
Premium/Discount to List
-$79,000
-13.41%
Current Estimated Value
$1,355,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$845,213
Avg. Annual Appreciation
8.15%
Original Mortgage
$408,000
Outstanding Balance
$288,592
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$1,066,621
Source: Public Records

Range of Values:

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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
Budhavarapu Srikanth Sai $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budhavarapu Srikanth Sai $408,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2013 05/10/13 Sold $510,000 -13.4% $154 / Sq Ft
03/24/2013 03/24/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $589,000 -- $178 / 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 $9,714 $520,568 $260,188 $260,380
2024 $9,714 $483,180 $229,580 $253,600
2023 $9,525 $487,272 $252,536 $234,736
2022 $9,298 $287,980 $121,228 $166,752
2021 $7,269 $287,980 $121,228 $166,752
2020 $7,097 $279,652 $121,228 $158,424
2019 $6,836 $266,528 $109,104 $157,424
2018 $6,728 $260,200 $109,104 $151,096
2017 $6,144 $231,336 $101,024 $130,312
2016 $5,717 $211,128 $80,816 $130,312
2015 $5,728 $211,128 $80,816 $130,312
2014 $5,230 $200,848 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Ann Wallin

    NOT A VALID MEMBER

    Section Image

  • J

    Seller Co-Listing Agent in 2013

    JOANN M BARNES

    NOT A VALID MEMBER

  • P

    Buyer's Agent in 2013

    PANKAJKUMAR BHATT

    Southern Bees Realty, Inc

    (404) 447-7129

    PANKAJKUMAR BHATT
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5119866

First Multiple Listing Service (FMLS)

APN: 061-038

Georgia Forsyth County Cumming 30040

3850 Mars Hill Rd, Cumming, GA

This home is located at 3850 Mars Hill Rd, Cumming, GA 30040 since 07 March 2013 and is currently estimated at $1,355,213, approximately $410 per square foot. This property was built in 1995. 3850 Mars Hill Rd is a home located in Forsyth County with nearby schools including DeSana Middle School, Denmark High School, and Alpharetta Tamil School.

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