NOT LISTED FOR SALE

3870 Michaels Way Cumming, GA 30040

Estimated Value: $405,000 - $435,000

3 Beds
2 Baths
1,481 Sq Ft
$284/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $360,000 $243 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,538/month

114 Days on Market

Highlights

  • 1 Fireplace
  • Cul-De-Sac
  • 2 Car Garage
  • Kelly Mill Elementary School Rated A
  • Central Heating and Cooling System
  • Carpet

About This Home

As of November 2022

Your dream home is waiting just for you in Cumming! Enjoy preparing meals in this impressive kitchen equipped with ample cabinets, stainless steel appliances, tile backsplash and generous counter space. Entertaining is a breeze with this great floor plan complete with a cozy fireplace. Primary bathroom features a separate tub and shower with dual sinks and a spacious closet. Lush green landscape surrounds this beautiful house. A must see!

Last Agent to Sell the Property

Kadie Stidham

Orchard Brokerage, LLC License #272248 Listed on: 06/28/2022

Co-Listed By

Shannon Taylor

Trend Atlanta Realty, Inc. License #384891

Last Buyer's Agent

Tracy Brown

Keller Williams Realty Atl. Partners License #285203

Keller Williams Realty Atl. Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,474

Year Built

  • Built in 1994

Lot Details

  • 0.68 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Carpet
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Kelly Mill Elementary School
  • Hendricks Middle School
  • West Forsyth High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • Meadow Crest Subdivision

Listing and Financial Details

  • Tax Lot 36

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,474

Year Built

Built in 1994

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • District: 3
  • Year Built: 1994
  • ArchitecturalStyle: Other
  • Co List Office: ODGA01
  • Financing Type: FHA
  • Levels: Two
  • Lot Size Acres: .68
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1481
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Microwave, Oven/Range (Combo)
  • Bedrooms: 3
  • Basement: Finished
  • Below Grade Finished Sq Ft: 270
  • Total Finished Sq Ft: 1211
  • Above Grade Finished Sq Ft: 1211
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Flooring: Carpet
  • Price Per Square Foot: 243.079

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Concrete
  • Lot Features: Cul-De-Sac, None
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Central Air
  • Heating: Natural Gas, Central
  • Laundry Features: Other
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 100
  • Association: Yes
  • Community Features: None

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Kelly Mill
  • High School: West Forsyth
  • Middle School: Hendricks
  • Elementary School: Kelly Mill
  • Middle School: Hendricks
  • High School: West Forsyth

Lot Info

  • Land Lot: 1237
  • Lot: 36
  • Plat Book: 28
  • Plat Page: 281

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2474.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Nov 21, 2022
Sold by
Opendoor Property Trust
Bought by
Ford Rispah
Seller's Agent
Kadie Stidham
Orchard Brokerage, LLC
Buyer's Agent
Tracy Brown
Keller Williams Realty Atl. Partners
List Price
$441,000
Sold Price
$360,000
Premium/Discount to List
-$81,000
-18.37%
Views
46
Current Estimated Value
$420,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,895
Avg. Annual Appreciation
5.58%
Original Mortgage
$353,479
Outstanding Balance
$342,776
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$78,119

Purchase Details

Closed on
Jun 14, 2022
Sold by
Perez Albert P
Bought by
Opendoor Property Trust and Delaware Statutory Trust

Purchase Details

Listed on
Jul 10, 2019
Closed on
Sep 6, 2019
Sold by
Craven Debra
Bought by
Parvin Perez Albert P and Parvin Karobl
Seller's Agent
Linda Weber
NOT A VALID MEMBER
Buyer's Agent
Narges Karobi
Lambros Realty, LLC.
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%
Original Mortgage
$223,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2010
Sold by
First Franklin 2004 & Ff11
Bought by
Craven Debbie

Purchase Details

Closed on
Sep 7, 2010
Sold by
Moskowitz Alan
Bought by
First Franklin Trust 2004 & Ff11

Purchase Details

Closed on
Nov 19, 2004
Sold by
Ryder Thomas E and Ryder Heather
Bought by
Moskowitz Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,950
Interest Rate
5.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 31, 1998
Sold by
Kerr Justin K and Kerr Tammy
Bought by
Ryder Thoimas E and Ryder Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,824
Interest Rate
9.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 1996
Sold by
Olivero David
Bought by
Kerr Justin Tammy

Purchase Details

Closed on
Jan 31, 1995
Sold by
Dream Homes Constr
Bought by
Olivero David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
9.14%
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 Buyer Sale Price Title Company
Ford Rispah $360,000 --
Opendoor Property Trust $437 Okelley & Sorohan
Opendoor Property Trust $412,400 None Listed On Document
Parvin Perez Albert P $235,000 --
Craven Debbie $110,600 --
First Franklin Trust 2004 & Ff11 $116,250 --
Moskowitz Alan $175,900 --
Ryder Thoimas E $131,100 --
Kerr Justin Tammy $110,000 --
Olivero David J $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ford Rispah $353,479
Previous Owner Parvin Perez Albert P $223,250
Previous Owner Moskowitz Alan $34,950
Previous Owner Ryder Thoimas E $104,824
Previous Owner Olivero David J $82,400
Closed Kerr Justin Tammy $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2022 11/21/22 Sold $360,000 0.0% $243 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
10/13/2022 10/13/22 Price Changed $360,000 -4.8% $243 / Sq Ft
09/29/2022 09/29/22 Price Changed $378,000 -1.6% $255 / Sq Ft
09/15/2022 09/15/22 Price Changed $384,000 -3.0% $259 / Sq Ft
08/25/2022 08/25/22 Price Changed $396,000 -2.7% $267 / Sq Ft
08/04/2022 08/04/22 Price Changed $407,000 -2.9% $275 / Sq Ft
07/21/2022 07/21/22 Price Changed $419,000 -1.4% $283 / Sq Ft
07/07/2022 07/07/22 Price Changed $425,000 -3.6% $287 / Sq Ft
06/28/2022 06/28/22 For Sale $441,000 +87.7% $298 / Sq Ft
09/06/2019 09/06/19 Sold $235,000 -4.0% $159 / Sq Ft View Prior Sale
08/01/2019 08/01/19 Pending -- -- --
07/24/2019 07/24/19 Price Changed $244,900 -2.0% $165 / Sq Ft
07/10/2019 07/10/19 For Sale $249,900 -- $169 / 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
2025 $3,481 $162,320 $56,000 $106,320
2024 $3,481 $153,080 $52,000 $101,080
2023 $2,834 $137,720 $52,000 $85,720
2022 $3,402 $89,608 $32,000 $57,608
2021 $2,474 $89,608 $32,000 $57,608
2020 $2,482 $89,876 $32,000 $57,876
2019 $2,274 $82,220 $28,000 $54,220
2018 $2,050 $74,128 $28,000 $46,128
2017 $2,085 $75,140 $28,000 $47,140
2016 $1,863 $67,140 $22,000 $45,140
2015 $1,700 $61,140 $16,000 $45,140
2014 $1,423 $53,768 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kadie Stidham

    Orchard Brokerage, LLC

    Kadie Stidham
    Section Image

  • S

    Seller Co-Listing Agent in 2022

    Shannon Taylor

    Trend Atlanta Realty, Inc.

    Shannon Taylor
    Section Image
  • Tracy Brown

    Buyer's Agent in 2022

    Tracy Brown

    Keller Williams Realty Atl. Partners

    (770) 289-6354

    64 Total Sales

    Tracy Brown
    Section Image

  • L

    Seller's Agent in 2019

    Linda Weber

    NOT A VALID MEMBER

  • Narges Karobi

    Buyer's Agent in 2019

    Narges Karobi

    Lambros Realty, LLC.

    (770) 256-6550

    71 Total Sales

    Narges Karobi
    Section Image
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Map

Source: Georgia MLS

MLS Number: 20053601

Georgia MLS

APN: 079-086

Georgia Forsyth County Cumming 30040

3870 Michaels Way, Cumming, GA

This home is located at 3870 Michaels Way, Cumming, GA 30040 since 28 June 2022 and is currently estimated at $420,895, approximately $284 per square foot. This property was built in 1994. 3870 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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