NOT LISTED FOR SALE

401 Somerton Place Cumming, GA 30040

Estimated Value: $376,000 - $415,000

2 Beds
2 Baths
1,990 Sq Ft
$215/mo HOA Fee

Last Sold February 28, 2017

Last sale price $228,000 $115 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,481/month

3 Days on Market

Highlights

  • Dining Room Seats More Than Twelve
  • Clubhouse
  • Main Floor Primary Bedroom
  • Otwell Middle School Rated A
  • Traditional Architecture
  • Bonus Room

About This Home

As of February 2017

ABSOLUTELY Perfect and ready to move in. Desirable front side end unit home, roomy and bright, separate den/sun room, huge closets with custom built ins, very large bedrooms, wonderfully bright kitchen, active adult community with plenty of planned activities.

Last Agent to Sell the Property

Philip Salomone

Century 21 Results License #296018 Listed on: 01/23/2017

Century 21 Results

Last Buyer's Agent

Philip Salomone

Century 21 Results License #296018 Listed on: 01/23/2017

Century 21 Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $542

Year Built

  • Built in 2003

Lot Details

  • End Unit
  • No Units Located Below
  • Fenced
  • Landscaped

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Garden Home
  • Composition Roof

Interior Spaces

  • 1,990 Sq Ft Home
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Insulated Windows
  • Family Room
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Computer Room
  • Den
  • Bonus Room
  • Sun or Florida Room
  • Open Access
  • Laundry in Hall

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Doors
  • Accessible Entrance

Schools

  • Cumming Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Energy-Efficient Windows
  • Patio

Listing and Financial Details

  • Assessor Parcel Number C01 043

Community Details

Overview

  • Community Mgmt Assoc Association, Phone Number (404) 835-9111
  • Newbury Subdivision

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$542

Year Built

Built in 2003

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Garden (1 Level), Traditional
  • Property Condition: Resale
  • Year Built: 2003
  • Accessibility Features: Accessible Doors, Accessible Entrance
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Fireplace Features: Factory Built
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Water Heater, Refrigerator
  • Interior Amenities: High Ceilings 9 ft Main
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets White, Eat-in Kitchen, Pantry
  • Common Walls: End Unit, No One Below
  • Additional Rooms: Bonus Room, Computer Room, Den, Family Room, Sun Room
  • Dining Room Features: Seats 12+
  • Square Footage: 1990.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main
  • Main Bedrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2

Exterior Features

  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Attached

Utilities

  • Security: Fire Alarm, Open Access, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas
  • Laundry Features: In Hall

Condo/Co-op/Association

  • Community Features: Clubhouse, Pool
  • Association Fee: 215
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 404-835-9111
  • Subdivision Complex: Newbury

Association/Amenities

  • Management Company: Community Mgmt Assoc

Schools

  • Elementary School: Cumming
  • Middle School: Otwell
  • High School: Forsyth Central

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Landscaped
  • Parcel Number: C01 043
  • Property Attached Yn: Yes

Tax Info

  • Taxes: 542.00
  • Assessor Parcel Number: C01-000-043
  • Close Date: 2017-02-28
  • Tax Year: 2016

MLS Schools

  • Elementary School: Cumming
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2017
Closed on
Feb 28, 2017
Sold by
Larry
Bought by
Garner Sarah S
Seller's Agent
Philip Salomone
Century 21 Results
Buyer's Agent
Philip Salomone
Century 21 Results
List Price
$228,000
Sold Price
$228,000
Current Estimated Value
$403,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,436
Avg. Annual Appreciation
7.25%

Purchase Details

Closed on
Feb 28, 2007
Sold by
Gibbs Joseph B
Bought by
Gibbs Joseph B Living Trust
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
Garner Sarah S $228,000 --
Gibbs Joseph B Living Trust -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2017 02/28/17 Sold $228,000 0.0% $115 / Sq Ft
01/26/2017 01/26/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $228,000 -- $115 / 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 $681 $147,508 $58,000 $89,508
2023 $575 $144,604 $44,000 $100,604
2022 $676 $100,212 $32,000 $68,212
2021 $659 $100,212 $32,000 $68,212
2020 $658 $99,700 $32,000 $67,700
2019 $657 $93,788 $20,000 $73,788
2018 $2,467 $89,196 $20,000 $69,196
2017 $681 $94,284 $20,000 $74,284
2016 $542 $74,044 $20,000 $54,044
2015 $542 $74,044 $20,000 $54,044
2014 $432 $63,452 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Philip Salomone

    Century 21 Results

    (770) 843-9352

    3 in this area

    24 Total Sales

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5796108

First Multiple Listing Service (FMLS)

APN: C01-043

Georgia Forsyth County Cumming 30040

401 Somerton Place, Cumming, GA

This home is located at 401 Somerton Place, Cumming, GA 30040 since 23 January 2017 and is currently estimated at $398,920, approximately $200 per square foot. This property was built in 2003. 401 Somerton Place is a home located in Forsyth County with nearby schools including Cumming Elementary School, Otwell Middle School, and Forsyth Central High School.

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