NOT LISTED FOR SALE

4740 Arbor Lake Dr Cumming, GA 30040

Estimated Value: $732,000 - $843,000

6 Beds
3.5 Baths
4,182 Sq Ft
$188/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $725,000 $173 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,339/month

6 Days on Market

Highlights

  • Private Lot
  • Vaulted Ceiling
  • Wood Flooring
  • Sawnee Elementary School Rated A
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of November 2023

Welcome to 4740 Lake Drive. This stunning home in Arbor Meadows is truly a gem. Boasting 6 Bedrooms and 3.5 Baths, this spacious and well maintained property offers ample space for your family to thrive. The open plan kitchen, dining room, family room and living room create the perfect setting for entertaining friends and family. Step inside a be greeted by high ceilings, grand foyer, and a beautiful staircase. The kitchen, complete with solid surface countertops, island, custom cabinets, double oven, gas cooktop, stainless steel appliances and custom lighting, is a chef's dream. The luxurious master suite features his and her sinks, a walk-in closet, oversized shower and relaxing soaking tub. With a basement, bonus room, entertainment room and a screened porch, you'll have plenty of room for all your hobbies, activities and storage. It's not just the exquisite interior that makes this property exceptional. Nestled on a spacious .75 acre lot, with immaculate landscaping, privacy and mature trees. The outdoor amenities are equally impressive. Location couldn't be better. Within close proximity to the property, you will find top-rated schools, ensuring an excellent education for your children. If you love nature, Fowler Park, Central Park, Sawnee Mountain Preserve and The Greenway are just a short distance away, offering walking trails, playgrounds and picnic areas. For dining and entertainment options Cumming Town Center and The Collection at Forsyth are easy accessible. Don't miss this opportunity to call this stunning property your own. Schedule a showing today and prepare to be wowed. Act now and make Arbor Meadows you new home sweet home.

Last Agent to Sell the Property

Randy Chambers

HomeSmart License #360668 Listed on: 10/26/2023

HomeSmart

Last Buyer's Agent

Kimber Lambert

Epique Realty License #352457

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,964

Year Built

  • Built in 2005

Lot Details

  • 0.75 Acre Lot
  • Private Lot
  • Sloped Lot

Parking

  • Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • 2 Fireplaces
  • Two Story Entrance Foyer
  • Great Room
  • Family Room
  • Bonus Room

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen

Basement

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

Schools

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include swimming, tennis
  • Arbor Meadows Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,964

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • ArchitecturalStyle: Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: FHA
  • Levels: Two
  • Lot Size Acres: .75
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 4182
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Cooktop, Dishwasher, Double Oven, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 6
  • Basement: Bath/Stubbed, Daylight, Full
  • Below Grade Finished Sq Ft: 700
  • Total Finished Sq Ft: 3482
  • Above Grade Finished Sq Ft: 3482
  • Interior Amenities: Tray Ceiling(s), Vaulted Ceiling(s), Two Story Foyer, Soaking Tub, Separate Shower, Walk-In Closet(s), Master On Main Level
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Hardwood, Tile, Carpet
  • Price Per Square Foot: 173.362

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Bedroom Lower Level: 1
  • Bedroom Main Level: 1

Exterior Features

  • Construction Materials: Stone, Wood Siding, Brick
  • Lot Features: Private, Sloped
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Kitchen
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Playground, Pool, Sidewalks, Tennis Court(s)

Fee Information

  • Association Fee Includes: Swimming, Tennis

Schools

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

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5964

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Nov 30, 2023
Sold by
Shaw Family Trust
Bought by
Akin David and Akin Terrae
Seller's Agent
Randy Chambers
HomeSmart
Buyer's Agent
Kimber Lambert
Epique Realty
List Price
$779,000
Sold Price
$725,000
Premium/Discount to List
-$54,000
-6.93%
Views
45
Current Estimated Value
$784,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,418
Avg. Annual Appreciation
4.35%
Original Mortgage
$688,750
Outstanding Balance
$677,600
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$106,818

Purchase Details

Closed on
Oct 22, 2014
Sold by
Leavitt Stephen David
Bought by
Shaw Melvin F Shaw Susan J and Trustees Of The Shaw Family Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,100
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2005
Sold by
Tuggle Residential Props Inc
Bought by
Leavitt Stephen D and Leavitt Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,773
Interest Rate
5.69%
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
Akin David $725,000 None Listed On Document
Shaw Melvin F Shaw Susan J $379,000 --
Leavitt Stephen D $351,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akin David $688,750
Previous Owner Shaw Melvin F Shaw Susan J $341,100
Previous Owner Leavitt Stephen D $304,773
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2023 11/30/23 Sold $725,000 -6.9% $173 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
10/26/2023 10/26/23 For Sale $779,000 -- $186 / Sq Ft
Source: Georgia MLS

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 $1,958 $298,400 $52,000 $246,400
2024 $1,958 $287,656 $48,000 $239,656
2023 $6,221 $252,736 $30,000 $222,736
2022 $5,964 $194,672 $22,000 $172,672
2021 $5,376 $194,672 $22,000 $172,672
2020 $4,512 $163,396 $22,000 $141,396
2019 $4,727 $170,916 $22,000 $148,916
2018 $4,589 $165,960 $20,000 $145,960
2017 $4,548 $163,884 $20,000 $143,884
2016 $4,361 $157,124 $20,000 $137,124
2015 $4,214 $151,564 $20,044 $131,520
2014 $3,517 $136,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Randy Chambers

    HomeSmart

    (770) 527-4719

    19 Total Sales

    Randy Chambers
    Section Image

  • K

    Buyer's Agent in 2023

    Kimber Lambert

    Epique Realty

    (770) 655-5856

    22 Total Sales

    Kimber Lambert
    Section Image
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Map

Source: Georgia MLS

MLS Number: 20154669

Georgia MLS

APN: 149-051

Georgia Forsyth County Cumming 30040

4740 Arbor Lake Dr, Cumming, GA

This home is located at 4740 Arbor Lake Dr, Cumming, GA 30040 since 26 October 2023 and is currently estimated at $784,418, approximately $187 per square foot. This property was built in 2005. 4740 Arbor Lake Dr is a home located in Forsyth County with nearby schools including Sawnee Elementary School, Otwell Middle School, and Forsyth Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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