NOT LISTED FOR SALE

4670 Spring Wood Trace Unit 10B Cumming, GA 30041

Estimated Value: $818,000 - $895,000

4 Beds
4 Baths
5,008 Sq Ft
$172/Sq Ft Est. Value

Last Sold July 19, 2012

Last sale price $400,000 $80 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $5,150/month

Highlights

  • Fitness Center
  • Spa
  • Sitting Area In Primary Bedroom
  • Haw Creek Elementary School Rated A
  • Fishing
  • Clubhouse

About This Home

As of July 2012

DRASTIC PRICE DROP!!!!! CUSTOM HOME IN EQUESTRIAN COMMUNITY BORDERING THE BANKS OF THE CHATTAHOOCHEE RIVER! PRIVATE - FLAT LOT YOU MUST SEE TO BELIEVE! ELEGANT HOME LOCATED ON CUL-DE-SAC LOT. HARDWOODS THRU OUT MAIN, BR AND BA ON MAIN, GOURMET KIT W/DOU OVENS, GRANITE, TILE BACKSPLASH, FAMILY ROOM WITH STACKSTONE FP. AMAZING BACK DECKS WITH PERGOLA AND SUN SCREENS. MASTER UP W.FIREPLACE, SITTING ROOM AND PRIVATE DECK. MASTER BA W.SLATE FLOORING. PROF. FIN TERRACE LEVEL W/KITCHEN, WORKOUT ROOM, MEDIA/FAM ROOM, GAME ROOM AND OFFICE! MUST SEE TO APPRECIATE! OVER 5008 SF.

Last Agent to Sell the Property

Deborah Negley

NOT A VALID MEMBER License #255282 Listed on: 01/31/2012

NOT A VALID MEMBER

Last Buyer's Agent

Cole Team

Real Broker, LLC. License #267098

Real Broker, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,063

Year Built

  • Built in 2003

Lot Details

  • Cul-De-Sac
  • Property has an invisible fence for dogs
  • Landscaped
  • Private Lot
  • Level Lot
  • Irrigation Equipment
  • Wooded Lot
  • Garden

HOA Fees

  • $61 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 5,008 Sq Ft Home
  • 3-Story Property
  • Roommate Plan
  • Bookcases
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room
  • L-Shaped Dining Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Computer Room
  • Bonus Room
  • Home Gym

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Dual Closets
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on lower level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Front Porch

Location

  • Property is near schools

Schools

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 426
  • Assessor Parcel Number 4670SpringWoodTRCE

Community Details

Overview

  • $730 Initiation Fee
  • Cma Richard Marritt Association
  • Chattahoochee River Club Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Swim or tennis dues are required
  • Swim Team
  • Fitness Center
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,063

Year Built

Built in 2003

Lot Details

0

HOA Fees

$61 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: 2003
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Gas Log, Gas Starter, Master Bedroom
  • Number Of Fireplaces: 2
  • Other Equipment: Irrigation Equipment, Satellite Dish
  • Appliances: Dishwasher, Double Oven, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Bookcases, Cathedral Ceiling(s), Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 10 ft Main, High Speed Internet, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Solid Surface Counters, Stone Counters, Eat-in Kitchen, Kitchen Island, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Computer Room, Exercise Room, Family Room, Great Room - 1 Story, Living Room, Office
  • Dining Room Features: Separate Dining Room, Dining L
  • Square Footage: 5008.00
  • Spa Features: Private

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Roommate Floor Plan, Sitting Room
  • Main Bedrooms: 1
  • Total Full Baths: 4
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Construction Materials: Brick 3 Sides, Cement Siding
  • Roof Type: Composition
  • Fencing: Invisible
  • Patio And Porch Features: Deck, Front Porch, Patio
  • Exterior Features: Garden

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm, Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Lower Level, Laundry Room
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Fishing, Fitness Center, Homeowners Assoc, Near Schools, Playground, Pool, Sidewalks, Street Lights, Swim Team, Tennis Court(s)
  • Association Fee: 730
  • Association Fee Frequency: Annually
  • Master Association Fee: 730
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Subdivision Complex: Chattahoochee River Club

Association/Amenities

  • Management Company: CMA - Richard Marritt

Schools

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

Lot Info

  • Lot: 426
  • Land/Lot: 71,166
  • Section G M D: 1st
  • Plat Book: 65
  • Plat Page: 183
  • Lot Features: Cul-De-Sac, Landscaped, Level, Private, Wooded
  • Lot Dimensions: .6
  • Parcel Number: 4670SpringWoodTRCE
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Thermostat

Rental Info

  • Initiation Fee: 730

Tax Info

  • Taxes: 3063.00
  • Assessor Parcel Number: 226-000-335
  • Close Date: 2012-07-19
  • Tax Year: 2011

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Haw Creek
  • High School: South Forsyth
  • Middle School: Lakeside - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2012
Closed on
Jul 19, 2012
Sold by
Lombardo Anthony
Bought by
Magers Kevin L and Magers Katie Z
Seller's Agent
Deborah Negley
NOT A VALID MEMBER
Buyer's Agent
Cole Team
Real Broker, LLC.
List Price
$449,500
Sold Price
$400,000
Premium/Discount to List
-$49,500
-11.01%
Current Estimated Value
$861,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$461,435
Avg. Annual Appreciation
5.98%
Original Mortgage
$315,000
Outstanding Balance
$218,320
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$643,115

Purchase Details

Closed on
Jul 13, 2006
Sold by
Tulip Investment Group Llc
Bought by
Lombardo Anthony and Lombardo Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2006
Sold by
Stanfield William K and Stanfield Jennifer L
Bought by
Tulip Investment Group Llc
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
Magers Kevin L $400,000 --
Lombardo Anthony $420,000 --
Tulip Investment Group Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magers Kevin L $315,000
Previous Owner Lombardo Anthony $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2012 07/19/12 Sold $400,000 -11.0% $80 / Sq Ft
06/19/2012 06/19/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $449,500 -- $90 / 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 $6,250 $323,140 $72,000 $251,140
2024 $6,250 $313,228 $60,000 $253,228
2023 $5,600 $293,936 $60,000 $233,936
2022 $5,800 $203,636 $40,000 $163,636
2021 $5,014 $203,636 $40,000 $163,636
2020 $4,888 $197,496 $40,000 $157,496
2019 $4,721 $189,044 $34,000 $155,044
2018 $4,714 $187,624 $34,000 $153,624
2017 $4,461 $174,752 $34,000 $140,752
2016 $4,170 $160,992 $30,000 $130,992
2015 $3,792 $142,776 $30,000 $112,776
2014 $3,384 $131,756 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 4319463

First Multiple Listing Service (FMLS)

APN: 226-335