NOT LISTED FOR SALE

5555 Pilgrim Point Extension Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $394,000 - $477,000

3 Beds
2 Baths
1,545 Sq Ft
$281/Sq Ft Est. Value

Last Sold March 10, 2017

Last sale price $215,000 $139 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,361/month

Highlights

  • Lake Front
  • Boat Dock
  • Fishing
  • Chattahoochee Elementary School Rated A
  • Spa
  • Community Lake

About This Home

As of March 2017

No detail was spared in this exquisite ranch-style home. From the custom gourmet kitchen, to the 5 inch wood plank floors, you will be amazed at the high end finishes for this price! Enjoy outdoor living on the 70' deck with hot tub, fire pit, and level fenced yard. Lake Lanier neighborhood with community dock; top rated schools! Brand new Roof, newer HVAC, and so much more. You will not find another home like this one, so don't let it get away!

Last Agent to Sell the Property

Sarah Johnson

Cor Residential, LLC. License #350592 Listed on: 02/02/2017

Cor Residential, LLC.

Last Buyer's Agent

Thomas Posey

Domain Realty, Inc. License #144363

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,631

Year Built

  • Built in 1996 | Remodeled

Lot Details

  • 0.6 Acre Lot
  • Lake Front
  • Fenced
  • Private Lot
  • Level Lot

HOA Fees

  • $13 Monthly HOA Fees

Parking

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

Home Design

  • Ranch Style House
  • Ridge Vents on the Roof
  • Composition Roof
  • Cement Siding

Interior Spaces

  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Crawl Space
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wine Rack

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry in Hall
  • Laundry on main level

Accessible Home Design

  • Accessible Entrance

Outdoor Features

  • Spa
  • Deck
  • Outdoor Fireplace
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 221 672

Community Details

Overview

  • Pilgrim Bay Subdivision
  • Community Lake

Recreation

  • Boat Dock
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,631

Year Built

Built in 1996 | Remodeled

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Updated/Remodeled
  • Year Built: 1996
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Outside
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Disappearing Attic Stairs, Entrance Foyer, High Ceilings 10 ft Main, High Speed Internet, Walk-In Closet(s)
  • Basement: Crawl Space
  • Kitchen Features: Breakfast Bar, Cabinets Other, Eat-in Kitchen, Stone Counters, View to Family Room, Wine Rack
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Separate Dining Room
  • Spa Features: Private

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition, Ridge Vents
  • Lake Name: Lanier
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas
  • Laundry Features: In Hall, Main Level
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Community Dock, Fishing, Homeowners Assoc, Lake, Street Lights
  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Pilgrim Bay

Schools

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

Lot Info

  • Acres: 0.6000
  • Lot Features: Level, Private
  • Lot Dimensions: 0.6
  • Parcel Number: 221 672
  • Property Attached Yn: No

Tax Info

  • Taxes: 1631.00
  • Assessor Parcel Number: 221-000-672
  • Close Date: 2017-03-10
  • Tax Year: 2016

Multi Family

  • Waterfront Features: Lake

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
Aug 29, 2017
Sold by
Posey Thomas
Bought by
Posey Thomas and Ceko Mara
Current Estimated Value
$434,572

Purchase Details

Listed on
Feb 2, 2017
Closed on
Mar 10, 2017
Sold by
Payne Tiffany L
Bought by
Posey Thomas
Seller's Agent
Sarah Johnson
Cor Residential, LLC.
Buyer's Agent
Thomas Posey
Domain Realty, Inc.
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$172,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2010
Sold by
Federal Natl Mtg Assn Fnma
Bought by
Payne Tifanny L and Payne Tiffany L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,403
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 5, 2010
Sold by
First Franklin Finl Corp
Bought by
Federal Natl Mtg Assn Fnma

Purchase Details

Closed on
Aug 2, 2006
Sold by
Tise Timothy E and Tise Martha H
Bought by
Kempa Anthony J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 1999
Sold by
Aiken Leslie L and Aiken Kristi L
Bought by
Tise Timothy E and Tise Martha H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 1996
Sold by
Coarington Craig
Bought by
Aiken Leslie Kristi
Source: Public Records

Range of Values:

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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
Posey Thomas -- --
Posey Thomas $215,000 --
Payne Tifanny L -- --
Federal Natl Mtg Assn Fnma -- --
First Franklin Finl Corp $156,292 --
Kempa Anthony J $180,000 --
Tise Timothy E $134,000 --
Aiken Leslie Kristi $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Posey Thomas $172,000
Previous Owner Payne Tifanny L $167,403
Previous Owner Kempa Anthony J $144,000
Previous Owner Tise Timothy E $107,200
Closed Aiken Leslie Kristi $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2017 03/10/17 Sold $215,000 0.0% $139 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $215,000 -- $139 / 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 $609 $190,088 $50,000 $140,088
2024 $609 $177,312 $46,000 $131,312
2023 $511 $168,764 $40,000 $128,764
2022 $612 $110,980 $24,000 $86,980
2021 $583 $110,980 $24,000 $86,980
2020 $577 $105,144 $22,000 $83,144
2019 $497 $111,176 $22,000 $89,176
2018 $479 $82,912 $22,000 $60,912
2017 $1,687 $63,932 $18,000 $45,932
2016 $1,631 $61,932 $16,000 $45,932
2015 $1,523 $57,932 $12,000 $45,932
2014 $1,345 $54,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5800872

First Multiple Listing Service (FMLS)

APN: 221-672