NOT LISTED FOR SALE

402 Pine Lake Dr Cumming, GA 30040

Estimated Value: $320,000 - $528,000

3 Beds
2 Baths
1,940 Sq Ft
$231/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $499,000 $257 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,652/month

29 Days on Market

Highlights

  • Open-Concept Dining Room
  • View of Trees or Woods
  • Deck
  • Kelly Mill Elementary School Rated A
  • 1.03 Acre Lot
  • Wooded Lot

About This Home

As of April 2024

Situated in a prime location, this property boasts the ultimate convenience. You'll find yourself adjacent to the new Cumming City Center, a sprawling 75-acre development that promises a vibrant lifestyle filled with entertainment, shopping, restaurants, parks, and much more. Imagine having all these amenities right at your doorstep!

Prepare to be amazed as you step inside this stunning home, meticulously renovated with exquisite designer finishes. No detail has been overlooked in the comprehensive rehab, ensuring a luxurious living experience for the fortunate homeowner.

The upgrades are plentiful and include a new roof and HVAC system with updated ducting, guaranteeing comfort and energy efficiency year-round. The kitchen has been completely transformed with brand new cabinets, a huge island and stylish countertops, creating a culinary haven that's as functional as it is beautiful. Both bathrooms have undergone a full renovation, featuring elegant tile work that adds a touch of sophistication to your daily routine.

As you move throughout the house, you'll be delighted to discover new hardwood flooring that spans every room, creating a seamless flow and adding a touch of warmth and elegance to the space. The interior and exterior have been tastefully repainted, exuding a fresh and inviting ambiance.

Beyond the main house, the expansive lot also features a generous outbuilding, providing ample space for storage or hobbies. The possibilities are endless!

Don't miss this opportunity to own a remarkable home in one of Cumming's most sought-after neighborhoods. Embrace the perfect balance of location, style, and comfort. Your dream lifestyle awaits in this meticulously renovated haven.

Last Agent to Sell the Property

Lee Nicholson

Covenant Realty, Inc. License #314655 Listed on: 02/15/2024

Co-Listed By

James Jernigan

Covenant Realty, Inc. License #438353

Last Buyer's Agent

Jen Vasquez

Berkshire Hathaway HomeServices Georgia Properties License #433743

Berkshire Hathaway HomeServices Georgia Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,241

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 224 x 200
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Back Yard Fenced and Front Yard

Home Design

  • Ranch Style House
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,940 Sq Ft Home
  • Rear Stairs
  • Crown Molding
  • Fireplace Features Masonry
  • Double Pane Windows
  • Private Rear Entry
  • Entrance Foyer
  • Living Room with Fireplace
  • Open-Concept Dining Room
  • Den
  • Views of Woods
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 2 Parking Spaces
  • Parking Pad
  • Driveway Level

Outdoor Features

  • Courtyard
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage
  • Outbuilding
  • Rain Gutters

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Energy-Efficient Appliances

Community Details

  • Greenwood Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 127   077

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,241

Year Built

Built in 1972 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: 3-1 1202 LT24 AR L GRNWD ACRES
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Updated/Remodeled
  • Year Built: 1972
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Above Grade Finished Sq Ft: 1940.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Fireplace Features: Living Room, Masonry
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Range Hood
  • Interior Amenities: Crown Molding, Double Vanity, Entrance Foyer
  • Basement: Crawl Space
  • Kitchen Features: Cabinets White, Eat-in Kitchen, Kitchen Island, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Bedroom, Den
  • Dining Room Features: Open Concept
  • Square Footage: 1940.00
  • Spa Features: None
  • Window Features: Double Pane Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Oversized Master
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Other Structures: Outbuilding
  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Fencing: Back Yard
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Exterior Features: Courtyard, Private Rear Entry, Rain Gutters, Rear Stairs, Storage
  • View: Trees/Woods
  • Pool Private: No
  • Foundation: Block, Pillar/Post/Pier

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Level Driveway, Parking Pad

Utilities

  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: 220 Volts

Condo/Co-op/Association

  • Community Features: Near Schools, Near Shopping
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Greenwood Acres

Schools

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

Lot Info

  • Acres: 1.0300
  • Lot Features: Back Yard, Front Yard, Landscaped, Level, Wooded
  • Lot Dimensions: 224 x 200
  • Parcel Number: 127   077
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances
  • Green Energy Generation: None

Tax Info

  • Taxes: 2241.00
  • Assessor Parcel Number: 127-000-077
  • Close Date: 2024-04-11
  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Apr 11, 2024
Sold by
Catamount Properties 2018 Llc
Bought by
Asher Nicholas and Totten Emilee
Seller's Agent
Lee Nicholson
Covenant Realty, Inc.
Buyer's Agent
Jen Vasquez
Berkshire Hathaway HomeServices Georgia Properties
List Price
$525,000
Sold Price
$499,000
Premium/Discount to List
-$26,000
-4.95%
Views
87
Current Estimated Value
$448,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,781
Avg. Annual Appreciation
-6.95%
Original Mortgage
$482,345
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 2008
Sold by
Long Bch Mtg Loan Trust 2005 & 2
Bought by
Nguyen Huy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,100
Interest Rate
6.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2008
Sold by
Walter Nancy
Bought by
Long Bch Mtg Loan Trust 2005 & 2

Purchase Details

Closed on
Dec 2, 2004
Sold by
Walter Francis J
Bought by
Walter Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2003
Sold by
Weaver Robert A
Bought by
Walter Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,500
Interest Rate
7.99%
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
Asher Nicholas $499,000 Park City Title
Nguyen Huy $147,500 --
Long Bch Mtg Loan Trust 2005 & 2 $131,750 --
Walter Nancy -- --
Walter Joseph $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Asher Nicholas $482,345
Previous Owner Nguyen Huy $140,100
Previous Owner Walter Nancy $148,000
Previous Owner Walter Joseph $119,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2024 04/11/24 Sold $499,000 0.0% $257 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
03/07/2024 03/07/24 Price Changed $499,000 -5.0% $257 / Sq Ft
02/15/2024 02/15/24 For Sale $525,000 -- $271 / 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 $3,192 $177,612 $48,824 $128,788
2024 $3,192 $130,172 $40,172 $90,000
2023 $2,845 $115,572 $30,900 $84,672
2022 $2,241 $81,152 $20,600 $60,552
2021 $1,956 $81,152 $20,600 $60,552
2020 $1,889 $77,916 $20,600 $57,316
2019 $1,843 $75,544 $18,540 $57,004
2018 $1,523 $59,828 $18,540 $41,288
2017 $1,359 $52,120 $14,420 $37,700
2016 $1,359 $52,120 $14,420 $37,700
2015 $1,250 $48,124 $14,420 $33,704
2014 $1,117 $45,484 $14,420 $31,064
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7337872

First Multiple Listing Service (FMLS)

APN: 127-077