NOT LISTED FOR SALE

3940 Sinclair Shores Rd Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $1,375,451 - $1,826,000

4 Beds
3 Baths
3,668 Sq Ft
$435/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $980,000 $267 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $9,343/month

Highlights

  • 100 Feet of Waterfront
  • Covered dock with two slips
  • Deep Water Access
  • Chattahoochee Elementary School Rated A
  • Boating
  • Open-Concept Dining Room

About This Home

As of July 2020

Welcome home to Peace and Serenity on Lake Lanier located in the NO-WAKE zone of Bald Ridge Cove just steps away from home. Inviting entry w/ Koi pond & landscaping. Open Chef's kitchen to Family room w/ updated custom kitchen/appliances. Views from every deck including sunroom. Lake views in Master on Main w/ extra bedroom plus full bath. Multi-tier deck w/ terrace level, wet Bar & Game/Media RM +2BR, & Full Bath. Updated Double-Slip Covered Dock w/ hoist. Enjoy amazing sunsets views from home, dock or boat. Just 35-40 min from ATl & close to shopping, lake attractions Located in the Forsyth County School district.

Last Agent to Sell the Property

Danielle Long

Maximum One Premier Realtors License #365431 Listed on: 04/08/2020

Maximum One Premier Realtors

Last Buyer's Agent

Bryan Schacht

Berkshire Hathaway HomeServices Georgia Properties License #346439

Berkshire Hathaway HomeServices Georgia Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,424

Year Built

  • Built in 1985

Lot Details

  • 0.32 Acre Lot
  • Home fronts a pond
  • 100 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Wood Fence
  • Landscaped
  • Wooded Lot
  • Private Yard
  • Garden
  • Back Yard

Parking

  • 2 Car Garage
  • Parking Pad
  • Driveway

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Metal Roof
  • Cement Siding
  • Stone Siding
  • Cedar

Interior Spaces

  • 3,668 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Insulated Windows
  • Two Story Entrance Foyer
  • Second Story Great Room
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Open-Concept Dining Room
  • Home Theater
  • Game Room
  • Workshop
  • Sun or Florida Room
  • Lake Views
  • Attic Fan
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Outdoor Features

  • Deep Water Access
  • Party Deck
  • Covered dock with two slips
  • Lake On Lot
  • Deck
  • Covered Patio or Porch

Location

  • Property is near schools
  • Property is near shops

Schools

  • Chattahoochee - Forsyth Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Septic Tank
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 222 026

Community Details

Overview

  • Community Lake

Recreation

  • Boating
  • RV or Boat Storage in Community
  • Powered Boats Allowed
  • Fishing
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,424

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Traditional
  • Property Condition: Resale
  • Year Built: 1985
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Basement, Gas Starter, Living Room, Master Bedroom
  • Number Of Fireplaces: 2
  • Other Equipment: Satellite Dish
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Range, Microwave, Refrigerator
  • Interior Amenities: Entrance Foyer 2 Story
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Game Room, Great Room - 2 Story, Media Room, Sun Room, Workshop
  • Dining Room Features: Open Concept
  • Square Footage: 3668.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 2
  • Main Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Shower Only

Exterior Features

  • Waterfront Frontage: 100
  • Construction Materials: Cedar, Cement Siding, Stone
  • Roof Type: Metal
  • Lake Name: Lanier
  • Fencing: Fenced, Privacy, Wood
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio, Rear Porch
  • Exterior Features: Garden, Private Yard
  • View: Lake

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 1
  • Parking Features: Driveway, Garage, Parking Pad

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Electric
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available
  • Electric: Other

Condo/Co-op/Association

  • Community Features: Boating, Fishing, Lake, Near Schools, Near Shopping, Near Trails/Greenway, Park, Powered Boats Allowed, RV/Boat Storage, Street Lights

Schools

  • Elementary School: Chattahoochee - Forsyth
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Acres: 0.3200
  • Land/Lot: 84
  • Section G M D: 1st
  • Deed Book: 7503
  • Deed Page: 367
  • Lot Features: Back Yard, Lake On Lot, Landscaped, Private, Wooded
  • Lot Dimensions: x
  • Parcel Number: 222 026
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat, Windows
  • Green Energy Generation: None

Tax Info

  • Taxes: 7424.00
  • Assessor Parcel Number: 222-000-026
  • Close Date: 2020-07-08
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Lake, Lake Front, Pond

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2020
Closed on
Jul 8, 2020
Sold by
Nelson Ronald Lee
Bought by
Grigo Heather
Seller's Agent
Danielle Long
Maximum One Premier Realtors
Buyer's Agent
Bryan Schacht
Berkshire Hathaway HomeServices Georgia Properties
List Price
$999,000
Sold Price
$980,000
Premium/Discount to List
-$19,000
-1.9%
Current Estimated Value
$1,594,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$614,863
Avg. Annual Appreciation
9.60%
Original Mortgage
$931,000
Outstanding Balance
$827,081
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$767,782

Purchase Details

Listed on
Apr 23, 2015
Closed on
Aug 31, 2015
Sold by
Richardson John H
Bought by
Nelson Ronald Lee and Nelson Teresa
Seller's Agent
Ken Klosinski
Harry Norman Realtors
Buyer's Agent
Jamie Watkins
NOT A VALID MEMBER
List Price
$799,000
Sold Price
$771,500
Premium/Discount to List
-$27,500
-3.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$617,200
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 1999
Sold by
Kelly Doug
Bought by
Richardson John H and Richardson Ruth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,000
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 1994
Sold by
Figueredo Joseph
Bought by
Kelly Douglas
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
Grigo Heather $980,000 --
Nelson Ronald Lee $771,500 --
Richardson John H $431,400 --
Kelly Douglas $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grigo Heather $931,000
Previous Owner Nelson Ronald Lee $617,200
Previous Owner Richardson John H $431,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2020 07/08/20 Sold $980,000 -1.9% $267 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $999,000 +29.5% $272 / Sq Ft
08/31/2015 08/31/15 Sold $771,500 -3.4% $198 / Sq Ft View Prior Sale
08/03/2015 08/03/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $799,000 -- $205 / 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 $11,751 $550,548 $198,000 $352,548
2024 $11,751 $537,652 $198,000 $339,652
2023 $11,885 $561,532 $154,000 $407,532
2022 $10,835 $365,420 $132,000 $233,420
2021 $9,917 $365,420 $132,000 $233,420
2020 $7,444 $269,572 $120,000 $149,572
2019 $7,424 $268,472 $120,000 $148,472
2018 $7,034 $254,364 $120,000 $134,364
2017 $7,204 $259,548 $120,000 $139,548
2016 $6,759 $243,548 $104,000 $139,548
2015 $1,015 $176,452 $90,000 $86,452
2014 $932 $169,688 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6706916

First Multiple Listing Service (FMLS)

APN: 222-026