NOT LISTED FOR SALE

3945 Summerwood Dr Cumming, GA 30041

Estimated Value: $626,000 - $743,000

4 Beds
3 Baths
2,441 Sq Ft
$286/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $550,000 $225 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,338/month

1 Day on Market

Highlights

  • Open-Concept Dining Room
  • Property is near public transit
  • 1 Fireplace
  • Haw Creek Elementary School Rated A
  • Wood Flooring
  • Tennis Courts

About This Home

As of December 2021

Gorgeous Forsyth county Home features a White kitchen w/Island bar. 2-Story Great Room featuring Stacked Stone Fireplace. Upstairs we have 3 Bedrooms & 1 Bath. Rear porch is stylish and practical with room to spare, this will be your favorite place to entertain and relax. It overlooks your private back yard with tons of room to enjoy company. This home is located within walking distance of excellent Schools, Local major Highway 20, Many eateries, convenience stores, grocery stores, gas stations, etc. Neighborhood presents Swim/Tennis, park, ball field, playground and walking trails.

Last Agent to Sell the Property

Nikhil Sharma

TOP Brokerage, LLC License #379691 Listed on: 11/21/2021

Last Buyer's Agent

Glen Sloan

Sloan & Company Real Estate, LLC License #350436

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,495

Year Built

  • Built in 2000

Lot Details

  • 0.62 Acre Lot
  • Back and Front Yard

HOA Fees

  • $64 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Driveway

Interior Spaces

  • 2,441 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Insulated Windows
  • Open-Concept Dining Room
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Kitchen Island
  • White Kitchen Cabinets

Bedrooms and Bathrooms

Outdoor Features

  • Balcony
  • Rear Porch

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Haw Creek Elementary School
  • Lakeside - Forsyth Middle School
  • South Forsyth High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 468
  • Assessor Parcel Number 226 108

Community Details

Overview

  • Chattahoohe River Club Subdivision
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Community Playground
  • Swim Team

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,495

Year Built

Built in 2000

Lot Details

0

HOA Fees

$64 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Property Condition: Resale
  • Year Built: 2000
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Number Of Fireplaces: 1
  • Kitchen Features: Cabinets White, Kitchen Island
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Open Concept
  • Square Footage: 2441.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Main Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Main Full Bathrooms: 2

Exterior Features

  • Patio And Porch Features: Rear Porch
  • Exterior Features: Balcony
  • Foundation: None

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Central
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: Other

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Near Schools, Near Shopping, Playground, Public Transportation, Swim Team, Tennis Court(s)
  • Association Fee: 770
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Chattahoohe River Club

Schools

  • Elementary School: Haw Creek
  • Middle School: Lakeside - Forsyth
  • High School: South Forsyth

Lot Info

  • Acres: 0.6200
  • Lot: 468
  • Lot Features: Back Yard, Front Yard
  • Lot Dimensions: x
  • Parcel Number: 226 108
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 3495.00
  • Assessor Parcel Number: 226-000-108
  • Close Date: 2021-12-10
  • Tax Year: 2020

MLS Schools

  • Elementary School: Haw Creek
  • High School: South Forsyth
  • Middle School: Lakeside - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2021
Closed on
Dec 10, 2021
Sold by
Terri Byrd
Bought by
Byrd Terri and Byrd Paul
Seller's Agent
Nikhil Sharma
TOP Brokerage, LLC
Buyer's Agent
Glen Sloan
Sloan & Company Real Estate, LLC
List Price
$499,900
Sold Price
$550,000
Premium/Discount to List
$50,100
10.02%
Current Estimated Value
$689,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,124
Avg. Annual Appreciation
6.12%
Original Mortgage
$440,000
Outstanding Balance
$408,179
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$276,197

Purchase Details

Listed on
Nov 21, 2021
Closed on
Dec 3, 2021
Sold by
Joseph David M
Bought by
Triple Offer Property Buyers Llc
Seller's Agent
Nikhil Sharma
TOP Brokerage, LLC
Buyer's Agent
Glen Sloan
Sloan & Company Real Estate, LLC
List Price
$499,900
Sold Price
$550,000
Premium/Discount to List
$50,100
10.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$408,179
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$276,197

Purchase Details

Closed on
Jul 30, 2013
Sold by
Joseph Kimberly J
Bought by
Joseph David M

Purchase Details

Closed on
Sep 24, 2003
Sold by
Baird Diane C
Bought by
Joseph David M and Joseph Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,950
Interest Rate
6.32%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 26, 2000
Sold by
Hedgewood Properties Inc
Bought by
Baird Diane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,765
Interest Rate
7.94%
Mortgage Type
New Conventional
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
Byrd Terri -- None Listed On Document
Byrd Terri $550,000 --
Triple Offer Property Buyers Llc $452,273 --
Joseph David M -- --
Joseph David M -- --
Baird Diane C $237,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byrd Terri $440,000
Previous Owner Joseph David M $8,713
Previous Owner Joseph David M $325,000
Previous Owner Joseph David M $71,200
Previous Owner Joseph David M $51,950
Previous Owner Clinton Diane C $30,173
Previous Owner Baird Diane C $10,000
Previous Owner Baird Diane C $118,765
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $550,000 +10.0% $225 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/21/2021 11/21/21 For Sale $499,900 -- $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
2024 $6,008 $245,020 $60,000 $185,020
2023 $5,854 $237,816 $60,000 $177,816
2022 $5,549 $147,240 $40,000 $107,240
2021 $3,615 $147,240 $40,000 $107,240
2020 $3,495 $141,424 $40,000 $101,424
2019 $3,156 $124,768 $34,000 $90,768
2018 $3,161 $124,392 $34,000 $90,392
2017 $3,060 $119,012 $34,000 $85,012
2016 $2,755 $104,572 $30,000 $74,572
2015 $2,775 $105,292 $30,000 $75,292
2014 $2,508 $98,876 $30,000 $68,876
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6972529

First Multiple Listing Service (FMLS)

APN: 226-108