NOT LISTED FOR SALE

4845 Magnolia Springs Dr Cumming, GA 30040

Estimated Value: $964,000 - $1,041,000

4 Beds
4.5 Baths
3,704 Sq Ft
$267/Sq Ft Est. Value

Last Sold February 15, 2017

Last sale price $534,357 $144 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,992/month

Highlights

  • Newly Remodeled
  • Separate his and hers bathrooms
  • Outdoor Fireplace
  • George W. Whitlow Elementary School Rated A
  • Traditional Architecture
  • Wood Flooring

About This Home

As of February 2017

HOME TO BE BUILT! This extraordinary Davis Plan has all the bells and whistles! Hardwoods throughout the main floor, covered back porch, 3 car garage and expanded kitchen are just a few of the upgrades in this beauty. The gourmet kitchen features granite, stainless appliances and even a microwave drawer! It is time for you to make your selections and make this your new home.

Last Agent to Sell the Property

Jennifer Dilbeck

RE/MAX Town and Country Listed on: 08/16/2016

RE/MAX Town and Country

Last Buyer's Agent

JENNIFER POUNDS

NOT A VALID MEMBER License #342696

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,501

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Landscaped
  • Level Lot
  • Irrigation Equipment

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Cement Siding
  • Stone Siding
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 3,704 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Beamed Ceilings
  • Tray Ceiling
  • Ceiling height of 9 feet on the lower level
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Loft

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • Patio
  • Outdoor Fireplace
  • Front Porch

Schools

  • George W. Whitlow Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Community Details

  • $500 Initiation Fee
  • Built by Edward Andrews Homes, LLC
  • Davis Farms Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 19
  • Assessor Parcel Number 104 478

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,501

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$42 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: New Construction
  • Year Built: 2016
  • Levels Stories: Two
  • Special Features: NewHome
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log, Gas Starter, Outside
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Beamed Ceilings, Bookcases, Entrance Foyer, High Ceilings 9 ft Lower, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Low-Flow Fixtures, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Interior Entry, Unfinished
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Loft, Other
  • Dining Room Features: Butlers Pantry, Separate Dining Room
  • Square Footage: 3704.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Split Bedroom Plan
  • Main Bedrooms: 1
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate His/Hers, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick 3 Sides, Cement Siding, Stone
  • Roof Type: Composition, Ridge Vents
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Street Lights
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: Davis Farms

Schools

  • Elementary School: George W. Whitlow
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Lot: 19
  • Lot Features: Landscaped, Level
  • Parcel Number: 104 478
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Thermostat, Windows

Rental Info

  • Initiation Fee: 500

Tax Info

  • Assessor Parcel Number: 104-000-478
  • Close Date: 2017-02-15
  • Tax Year: 2016

MLS Schools

  • Elementary School: George W. Whitlow
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2021
Sold by
Chancey Marvin M
Bought by
Barot Prakash and Barot Mohini
Current Estimated Value
$988,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Outstanding Balance
$337,405
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$651,345

Purchase Details

Listed on
Aug 16, 2016
Closed on
Feb 15, 2017
Sold by
Epic Homes Llc
Bought by
Chancey Marvin M and Chancey Peggy Lynette
Seller's Agent
Jennifer Dilbeck
RE/MAX Town and Country
Buyer's Agent
JENNIFER POUNDS
NOT A VALID MEMBER
List Price
$575,900
Sold Price
$534,357
Premium/Discount to List
-$41,543
-7.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$417,000
Interest Rate
4.09%
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
Barot Prakash $770,000 --
Chancey Marvin M $534,357 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barot Prakash $370,000
Previous Owner Chancey Marvin M $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2017 02/15/17 Sold $534,357 -7.2% $144 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
08/16/2016 08/16/16 For Sale $575,900 -- $155 / 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 $8,501 $350,304 $72,000 $278,304
2024 $8,501 $346,688 $68,000 $278,688
2023 $7,691 $312,464 $60,000 $252,464
2022 $7,451 $227,092 $47,200 $179,892
2021 $1,700 $227,092 $47,200 $179,892
2020 $1,660 $217,252 $47,200 $170,052
2019 $1,594 $207,852 $44,000 $163,852
2018 $1,469 $191,772 $44,000 $147,772
2017 $1,221 $44,000 $44,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Dilbeck

    Seller's Agent in 2017

    Jennifer Dilbeck

    RE/MAX

    (770) 374-0314

    4 in this area

    118 Total Sales

    Jennifer Dilbeck
    Section Image

  • J

    Buyer's Agent in 2017

    JENNIFER POUNDS

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5735091

First Multiple Listing Service (FMLS)

APN: 104-478

Georgia Forsyth County Cumming 30040

4845 Magnolia Springs Dr, Cumming, GA

This home is located at 4845 Magnolia Springs Dr, Cumming, GA 30040 since 16 August 2016 and is currently estimated at $988,750, approximately $266 per square foot. This property was built in 2016. 4845 Magnolia Springs Dr is a home located in Forsyth County with nearby schools including George W. Whitlow Elementary School, Vickery Creek Middle School, and Forsyth Central High School.

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