NOT LISTED FOR SALE

4240 Allaire Ln Cumming, GA 30041

Estimated Value: $844,000 - $890,000

5 Beds
4 Baths
3,480 Sq Ft
$247/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $450,000 $129 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,482/month

82 Days on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • Community Pool
  • Sharon Elementary School Rated A
  • Wood Flooring
  • Tennis Courts

About This Home

As of August 2019

This meticulously maintained Three Chimneys Farm home offers everything you need in a "move-in" spacious home w/ LR, DR and guest room w/ full bath on main. Large open living area w/ wall of windows overlooking fenced back yard! Kitchen w/ lots of cabinets and view to family room, great for entertaining! Hardwoods through most of lower level. Huge master up with 3 other additional bedrooms. Located in Cul-de-sac. Lots of recent upgrades in home. This is a "must see" home in a great family neighborhood.

Last Listed By

Scott Nabors

NOT A VALID MEMBER License #152357 Listed on: 03/08/2019

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,834

Year Built

  • Built in 1999

Lot Details

  • 0.7 Acre Lot
  • Back Yard Fenced

HOA Fees

  • $78 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 3,480 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Laundry on main level

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Dishwasher
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Security System Leased
  • Fire and Smoke Detector

Schools

  • Sharon - Forsyth Elementary School
  • South Forsyth Middle School
  • South Forsyth High School

Additional Features

  • Covered patio or porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 342
  • Assessor Parcel Number 157 232

Community Details

Overview

  • $500 Initiation Fee
  • Cma Association
  • Secondary HOA Phone (404) 835-9169
  • Three Chimneys Farm Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,834

Year Built

Built in 1999

Lot Details

0

HOA Fees

$78 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1999
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal
  • Interior Amenities: Central Vacuum, Double Vanity, Entrance Foyer 2 Story
  • Basement: Exterior Entry, Full, Unfinished
  • Kitchen Features: Breakfast Bar, Cabinets White, Eat-in Kitchen, Pantry Walk-In, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3480.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Roof Type: Composition
  • Fencing: Back Yard
  • Patio And Porch Features: Covered

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Front

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security System Leased, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Laundry Features: Main Level
  • Electric: Other

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Homeowners Assoc, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 930
  • Association Fee Frequency: Annually
  • Association: Yes
  • Management Company Email: 404-835-9169
  • Management Phone: 404-835-9169
  • Subdivision Complex: Three Chimneys Farm

Association/Amenities

  • Management Company: CMA

Schools

  • Elementary School: Sharon - Forsyth
  • Middle School: South Forsyth
  • High School: South Forsyth

Lot Info

  • Acres: 0.7000
  • Lot: 342
  • Plat Book: 7349
  • Plat Page: 217
  • Lot Features: Back Yard
  • Lot Dimensions: x
  • Parcel Number: 157 232
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 500

Tax Info

  • Taxes: 4834.00
  • Assessor Parcel Number: 157-000-232
  • Close Date: 2019-08-16
  • Tax Year: 2018

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Sharon - Forsyth
  • High School: South Forsyth
  • Middle School: South Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2019
Closed on
Aug 16, 2019
Sold by
Weems Melinda L
Bought by
Wilson Terry Lee
Seller's Agent
Scott Nabors
NOT A VALID MEMBER
Buyer's Agent
Lloyd Wilkins
Keller Williams Realty Atlanta Partners
List Price
$479,000
Sold Price
$450,000
Premium/Discount to List
-$29,000
-6.05%
Total Days on Market
82
Current Estimated Value
$858,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,500
Avg. Annual Appreciation
11.87%
Original Mortgage
$450,000
Interest Rate
3.8%
Mortgage Type
VA

Purchase Details

Closed on
Apr 17, 2015
Sold by
Weems Bruce A
Bought by
Weems Melinda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2000
Sold by
Laurel River Properties Inc
Bought by
Weems Bruce A and Weems Melinda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,400
Interest Rate
8.11%
Mortgage Type
New Conventional

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
Wilson Terry Lee $450,000 --
Weems Melinda L -- --
Weems Bruce A $295,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Terry Lee $130,000
Open Wilson Terry Lee $456,692
Closed Wilson Terry Lee $456,784
Closed Wilson Terry Lee $450,000
Previous Owner Weems Melinda L $352,000
Previous Owner Weems Bruce $100,000
Previous Owner Weems Bruce A $46,000
Previous Owner Weems Bruce A $278,900
Previous Owner Weems Melinda L $15,000
Previous Owner Weems Bruce A $271,500
Previous Owner Weems Bruce A $232,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2019 08/16/19 Sold $450,000 -2.2% $129 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/15/2019 05/15/19 Price Changed $460,000 -1.1% $132 / Sq Ft
04/29/2019 04/29/19 Price Changed $465,000 -0.9% $134 / Sq Ft
04/01/2019 04/01/19 Price Changed $469,000 -1.3% $135 / Sq Ft
03/25/2019 03/25/19 Price Changed $475,000 -0.8% $136 / Sq Ft
03/08/2019 03/08/19 For Sale $479,000 -- $138 / 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 $7,734 $323,740 $68,000 $255,740
2023 $7,495 $307,828 $62,000 $245,828
2022 $6,240 $197,460 $40,000 $157,460
2021 $5,453 $197,460 $40,000 $157,460
2020 $4,971 $180,000 $38,960 $141,040
2019 $5,108 $184,700 $40,000 $144,700
2018 $4,834 $174,800 $32,000 $142,800
2017 $4,872 $175,524 $32,000 $143,524
2016 $4,573 $164,764 $28,000 $136,764
2015 $4,581 $164,764 $28,000 $136,764
2014 $4,013 $151,588 $28,000 $123,588
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6516660

First Multiple Listing Service (FMLS)

APN: 157-232