NOT LISTED FOR SALE

3850 Michaels Way Cumming, GA 30040

Estimated Value: $429,000 - $449,000

3 Beds
2.5 Baths
1,502 Sq Ft
$292/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $357,000 $238 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,649/month

81 Days on Market

Highlights

  • Wood Burning Stove
  • 1 Fireplace
  • Central Air
  • Kelly Mill Elementary School Rated A
  • Security System Owned
  • 2 Car Garage

About This Home

As of December 2021

This Cumming two-story home offers a two-car garage. This home has been virtually staged to illustrate its potential.

Last Agent to Sell the Property

Kim Klir

Mainstay Brokerage LLC License #308458 Listed on: 09/03/2021

Mainstay Brokerage LLC

Last Buyer's Agent

Savannah Lavender

Coldwell Banker Realty License #363335

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,328

Year Built

  • Built in 1994

Lot Details

  • 0.58 Acre Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,502 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Wood Burning Stove
  • Security System Owned

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Kelly Mill Elementary School
  • Vickery Creek Middle School
  • West Forsyth High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 110 Volts

Community Details

  • Association Phone (678) 576-8207
  • Meadow Crest Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 079 087

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,328

Year Built

Built in 1994

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Property Condition: Resale
  • Year Built: 1994
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Fireplace Features: Wood Burning Stove
  • Number Of Fireplaces: 1
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 1502.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1

Exterior Features

  • Construction Materials: Cement Siding, Frame
  • Roof Type: Composition
  • Foundation: Slab

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security System Owned
  • Cooling: Central Air
  • Heating: Natural Gas
  • Utilities: Electricity Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 678-576-8207
  • Subdivision Complex: MEADOW CREST

Schools

  • Elementary School: Kelly Mill
  • Middle School: Vickery Creek
  • High School: West Forsyth

Lot Info

  • Acres: 0.5800
  • Lot: 37
  • Land/Lot: 1237
  • Section G M D: 1st
  • Plat Book: 40
  • Plat Page: 316-3
  • Lot Dimensions: x
  • Parcel Number: 079 087
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2328.00
  • Assessor Parcel Number: 079-000-087
  • Close Date: 2021-12-13
  • Tax Year: 2020

MLS Schools

  • Elementary School: Kelly Mill
  • High School: West Forsyth
  • Middle School: Vickery Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Dec 13, 2021
Sold by
Opendoor Property Trust I
Bought by
Swenson Kimberly Anne and Swenson Del Duca
Seller's Agent
Kim Klir
Mainstay Brokerage LLC
Buyer's Agent
Savannah Lavender
Coldwell Banker Realty
List Price
$377,000
Sold Price
$357,000
Premium/Discount to List
-$20,000
-5.31%
Current Estimated Value
$438,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,071
Avg. Annual Appreciation
5.50%
Original Mortgage
$350,533
Outstanding Balance
$321,833
Interest Rate
2.98%
Mortgage Type
FHA
Estimated Equity
$116,238

Purchase Details

Closed on
Aug 3, 2021
Sold by
Panek Jeremy J
Bought by
Opendoor Property Trust I

Purchase Details

Closed on
Mar 28, 2007
Sold by
Purser Jeanne J
Bought by
Panek Jeremy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,700
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2004
Sold by
Bradley Christopher L and Bradley Lauri
Bought by
Aaron Associates Inc

Purchase Details

Closed on
Aug 27, 2001
Sold by
Thompson Shaun P
Bought by
Bradley Christopher L and Bradley Lauri R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,900
Interest Rate
6.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2000
Sold by
Thompson Robert A
Bought by
Thompson Shaun P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
8.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 1995
Sold by
Codrington J Craig
Bought by
Thompson Robert A Shawn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,900
Interest Rate
9.2%

Purchase Details

Closed on
Oct 7, 1994
Sold by
Jps Devel Inc
Bought by
Coorington Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,425
Interest Rate
8.46%
Mortgage Type
Construction
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
Swenson Kimberly Anne $357,000 --
Opendoor Property Trust I $346,500 --
Panek Jeremy J $160,900 --
Aaron Associates Inc $143,000 --
Bradley Christopher L $139,900 --
Thompson Shaun P -- --
Thompson Robert A Shawn P $90,500 --
Coorington Craig $17,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swenson Kimberly Anne $350,533
Previous Owner Panek Jeremy J $128,700
Previous Owner Bradley Christopher L $125,900
Previous Owner Thompson Shaun P $104,400
Previous Owner Thompson Robert A Shawn P $80,900
Previous Owner Coorington Craig $67,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2021 12/13/21 Sold $357,000 -0.8% $238 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
10/01/2021 10/01/21 Price Changed $360,000 -3.5% $240 / Sq Ft
09/17/2021 09/17/21 Price Changed $373,000 -1.1% $248 / Sq Ft
09/03/2021 09/03/21 For Sale $377,000 -- $251 / 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 $3,721 $161,076 $56,000 $105,076
2024 $3,721 $151,760 $52,000 $99,760
2023 $3,284 $133,440 $52,000 $81,440
2022 $3,313 $87,364 $32,000 $55,364
2021 $2,322 $87,364 $32,000 $55,364
2020 $2,328 $87,584 $32,000 $55,584
2019 $2,123 $80,040 $28,000 $52,040
2018 $1,901 $71,900 $28,000 $43,900
2017 $1,873 $70,632 $28,000 $42,632
2016 $1,656 $62,832 $22,000 $40,832
2015 $1,493 $56,832 $16,000 $40,832
2014 -- $50,092 $16,000 $34,092
Source: Public Records

Agents Affiliated with this Home

  • Kim Klir

    Seller's Agent in 2021

    Kim Klir

    Mainstay Brokerage LLC

    (407) 634-1744

    6,078 Total Sales

    Kim Klir
    Section Image
  • Savannah Lavender

    Buyer's Agent in 2021

    Savannah Lavender

    Coldwell Banker Realty

    (770) 688-0951

    108 Total Sales

    Savannah Lavender
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6939379

First Multiple Listing Service (FMLS)

APN: 079-087

Georgia Forsyth County Cumming 30040

3850 Michaels Way, Cumming, GA

This home is located at 3850 Michaels Way, Cumming, GA 30040 since 03 September 2021 and is currently estimated at $438,071, approximately $291 per square foot. This property was built in 1994. 3850 Michaels Way is a home located in Forsyth County with nearby schools including Kelly Mill Elementary School, West Forsyth High School, and Montessori School of Cumming.

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