NOT LISTED FOR SALE

4040 Merritt Dr Unit 1 Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $618,000 - $651,000

3 Beds
2 Baths
-- Sq Ft
0.5 Acres

Highlights

  • Lake Front
  • Single Slip
  • Fishing
  • Chattahoochee Elementary School Rated A
  • Open-Concept Dining Room
  • Community Lake

About This Home

As of February 2016

FULL RENOVATION GROUND UP, 3 YEARS NEW. STAINLESS STEEL APPLIANCES, HDWD FLRS. SCREENED IN PORCH LEADS TO MSTR-MAIN. EXQUISITE LIGHTING, FP, W/LOFT. QUIET Platform dock South Lake Lanier near Baldridge Marina. Grand loft open floor plan with FP clean and peaceful.

Last Agent to Rent the Property

Denise Abruscato

NOT A VALID MEMBER License #305546 Listed on: 08/04/2008

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,658

Year Built

  • Built in 1962

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 75 x 150
  • Lake Front
  • Private Entrance
  • Wooded Lot

Home Design

  • Cottage
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Private Rear Entry
  • Two Story Entrance Foyer
  • Great Room
  • Family Room
  • Living Room
  • Open-Concept Dining Room
  • Loft
  • Screened Porch
  • Pine Flooring
  • Lake Views
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Jetted Tub and Shower Combination in Primary Bathroom

Parking

  • Parking Accessed On Kitchen Level
  • Driveway Level

Outdoor Features

  • Single Slip
  • Covered dock with one slips
  • Deck

Schools

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

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,300
  • 12 Month Lease Term
  • Assessor Parcel Number 4040MERRITT1DR

Community Details

Overview

  • Jf Merritt Subdivision
  • Community Lake

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,658

Year Built

Built in 1962

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Cable TV, Electricity, Gas, Telephone, Trash Collection, Water
  • Deposit: 1300
  • Lease Term: 12 Months

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1962
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Pine
  • Fireplace Features: Gas Log
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Microwave
  • Interior Amenities: Cathedral Ceiling(s), Entrance Foyer 2 Story, High Speed Internet
  • Basement: Crawl Space
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Great Room - 1 Story, Living Room, Loft
  • Dining Room Features: Open Concept

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Split Bedroom Plan
  • Main Bedrooms: 1
  • Total Full Baths: 2
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Shower Only, Tub/Shower Combo

Exterior Features

  • Construction Materials: Frame
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Screened
  • Exterior Features: Private Front Entry, Private Rear Entry
  • View: Lake

Garage/Parking

  • Parking Features: Driveway, Kitchen Level, Level Driveway

Utilities

  • Security: Fire Alarm, Smoke Detector(s)
  • Laundry Features: Laundry Room
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Fishing, Lake
  • Subdivision Complex: JF MERRITT

Schools

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

Lot Info

  • Acres: 0.5000
  • Land/Lot: 153
  • Section G M D: 01
  • Lot Features: Wooded
  • Lot Dimensions: 75 X 150
  • Parcel Number: 4040MERRITT1DR
  • Property Attached Yn: No

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2023
Sold by
Tobias Barbara
Bought by
Warner Joann T
Current Estimated Value
$639,063

Purchase Details

Closed on
Jul 18, 2022
Sold by
Sanders Burge Joseph
Bought by
Tobias Barbara

Purchase Details

Closed on
May 28, 2021
Sold by
Lister John
Bought by
Tobias Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2018
Sold by
Settlage David E
Bought by
Lister John and Lister Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2007
Sold by
Mccleskey John
Bought by
Settlage David E and Settlage Tracey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2005
Sold by
Armstrong David
Bought by
Mccleskey John and Mccleskey John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,404
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2003
Sold by
Strawser Charles W and Strawser Davene
Bought by
Armstrong David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.82%
Mortgage Type
New Conventional
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
Warner Joann T $565,000 --
Tobias Barbara -- None Listed On Document
Tobias Barbara $425,000 --
Tobias Barbara -- --
Lister John $289,000 --
Settlage David E $385,000 --
Mccleskey John $318,000 --
Armstrong David $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tobias Barbara $340,000
Previous Owner Lister John $231,000
Previous Owner Settlage David E $308,000
Previous Owner Mccleskey John $320,404
Previous Owner Armstrong David $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2016 02/10/16 Rented -- -- --
01/11/2016 01/11/16 Under Contract -- -- --
08/04/2008 08/04/08 For Rent $1,300 -- --
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 $1,658 $266,448 $117,000 $149,448
2024 $1,658 $226,000 $100,800 $125,200
2023 $853 $232,432 $105,000 $127,432
2022 $920 $117,384 $75,000 $42,384
2021 $3,241 $117,384 $75,000 $42,384
2020 $3,192 $115,604 $75,000 $40,604
2019 $3,189 $115,300 $75,000 $40,300
2018 $3,007 $108,728 $70,000 $38,728
2017 $3,043 $109,628 $75,000 $34,628
2016 $3,043 $109,628 $75,000 $34,628
2015 $2,840 $102,128 $67,500 $34,628
2014 $2,629 $99,288 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2016

    Denise Abruscato

    NOT A VALID MEMBER

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 3761118

First Multiple Listing Service (FMLS)

APN: 222-073

Georgia Forsyth County Cumming 30041 Lake Lanier

4040 Merritt Dr Unit 1, Cumming, GA

This home is located at 4040 Merritt Dr Unit 1, Cumming, GA 30041 since 04 August 2008 and is currently priced at $639,063. This property was built in 1962. 4040 Merritt Dr Unit 1 is a home located in Forsyth County with nearby schools including Chattahoochee Elementary School and Little Mill Middle School.

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