NOT LISTED FOR SALE

640 Mable Lake Rd Cumming, GA 30041

Estimated Value: $259,000 - $414,000

3 Beds
2 Baths
1,354 Sq Ft
$250/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $250,000 $185 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,028/month

90 Days on Market

Highlights

  • Lake Front
  • RV Access or Parking
  • Community Lake
  • Mashburn Elementary School Rated A
  • 1.02 Acre Lot
  • Ranch Style House

About This Home

As of November 2022

LOCATION!! LOCATION!! LOCATION!! This exceptional all brick home is located in South Forsyth County on Lake Lanier. Offering 1 acre in a quiet lake community, this home offers a ranch floor plan with a walkout unfinished basement overlooking the private cove. Home has good bones and space to make it your own. NEW roof with 25 year warranty and NEW carpet. It's a true diamond in the rough! Award winning schools and prime location for shopping, dining, and outdoor adventures. Easy access to GA 400 and Hwy 20.

Last Agent to Sell the Property

Kristina Murphy

EXP Realty, LLC. License #356088 Listed on: 07/18/2022

EXP Realty, LLC.

Last Buyer's Agent

Rob Bonine

NOT A VALID MEMBER License #423916

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,258

Year Built

  • Built in 1972

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 200 x 75
  • Lake Front
  • Property fronts a county road
  • Private Entrance
  • Private Yard
  • Back and Front Yard

Property Views

  • Lake
  • Woods

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick Foundation
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,354 Sq Ft Home
  • Insulated Windows
  • Private Rear Entry
  • Living Room
  • Den
  • Fire and Smoke Detector
  • Washer

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Gas Cooktop
  • Dishwasher
  • Wood Stained Kitchen Cabinets

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement
  • Natural lighting in basement

Parking

  • 1 Carport Space
  • Parking Accessed On Kitchen Level
  • Driveway
  • RV Access or Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Location

  • Property is near schools
  • Property is near shops

Schools

  • Mashburn Elementary School
  • Lakeside - Forsyth Middle School
  • Forsyth Central High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 110 Volts
  • Gas Water Heater
  • Septic Tank
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number C39 005

Community Details

Overview

  • Lanier Country Club Subdivision
  • Community Lake

Recreation

  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,258

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: 2-1 140 LT 7-9 UN 2 LCCE
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Traditional
  • Property Condition: Resale
  • Year Built: 1972
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Laminate
  • Other Equipment: Satellite Dish
  • Appliances: Dishwasher, Electric Oven, Gas Cooktop, Gas Water Heater, Refrigerator, Washer
  • Basement: Daylight, Exterior Entry, Full, Unfinished
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Living Room
  • Square Footage: 1354.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Front Porch, Patio
  • Exterior Features: Lighting, Private Front Entry, Private Rear Entry, Private Yard
  • View: Lake, Trees/Woods, Water
  • Foundation: Brick/Mortar

Garage/Parking

  • Carport or Garage: 1
  • Number of Carport Spaces: 1
  • Parking Features: Carport, Covered, Driveway, Kitchen Level, RV Access/Parking

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Window Unit(s)
  • Heating: Natural Gas
  • Laundry Features: In Basement
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Community Features: Lake, Near Schools, Near Shopping, Near Trails/Greenway, Park, Street Lights
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Lanier Country Club

Schools

  • Elementary School: Mashburn
  • Middle School: Lakeside - Forsyth
  • High School: Forsyth Central

Lot Info

  • Acres: 1.0200
  • Deed Book: 8071
  • Deed Page: 683
  • Lot Features: Back Yard, Front Yard, Private
  • Lot Dimensions: 200 x 75
  • Parcel Number: C39 005
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1258.00
  • Assessor Parcel Number: C39-000-005
  • Close Date: 2022-11-28
  • Tax Year: 2021

Multi Family

  • Waterfront Features: Lake Front

MLS Schools

  • Elementary School: Mashburn
  • High School: Forsyth Central
  • Middle School: Lakeside - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Nov 21, 2022
Sold by
Lzadshenas Ali
Bought by
Chau Hung and Duong Tien
Seller's Agent
Kristina Murphy
EXP Realty, LLC.
Buyer's Agent
Rob Bonine
NOT A VALID MEMBER
List Price
$300,000
Sold Price
$250,000
Premium/Discount to List
-$50,000
-16.67%
Views
98
Current Estimated Value
$339,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,132
Avg. Annual Appreciation
11.33%
Original Mortgage
$187,500
Outstanding Balance
$181,686
Interest Rate
6.95%
Mortgage Type
Balloon
Estimated Equity
$157,446

Purchase Details

Listed on
Nov 28, 2016
Closed on
Jan 10, 2017
Bought by
Izadshenas Ali and Izadshenas Zahra
Seller's Agent
Sarah Stovall
Century 21 Results
Buyer's Agent
Sarah Stovall
Century 21 Results
List Price
$133,000
Sold Price
$100,275
Premium/Discount to List
-$32,725
-24.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.81%

Purchase Details

Closed on
Nov 1, 2016
Sold by
Mildred B
Bought by
Us Bank National Association T
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chau Hung $250,000 --
Izadshenas Ali $100,275 --
Us Bank National Association T $158,483 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chau Hung $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2022 11/28/22 Sold $250,000 -16.7% $185 / Sq Ft
10/28/2022 10/28/22 For Sale $300,000 0.0% $222 / Sq Ft
10/16/2022 10/16/22 Pending -- -- --
09/22/2022 09/22/22 Price Changed $300,000 -10.4% $222 / Sq Ft
08/27/2022 08/27/22 Price Changed $335,000 -9.2% $247 / Sq Ft
08/05/2022 08/05/22 Price Changed $369,000 -7.5% $273 / Sq Ft
07/18/2022 07/18/22 For Sale $399,000 +297.9% $295 / Sq Ft
01/10/2017 01/10/17 Sold $100,275 -24.6% $74 / Sq Ft View Prior Sale
12/28/2016 12/28/16 Pending -- -- --
11/28/2016 11/28/16 For Sale $133,000 -- $98 / 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 $2,824 $132,176 $40,500 $91,676
2024 $2,824 $115,180 $34,500 $80,680
2023 $2,386 $96,936 $19,200 $77,736
2022 $1,240 $41,860 $4,800 $37,060
2021 $1,258 $41,860 $4,800 $37,060
2020 $1,500 $54,336 $4,800 $49,536
2019 $2,019 $73,020 $35,000 $38,020
2018 $1,108 $40,080 $27,200 $12,880
2017 $1,166 $42,012 $28,500 $13,512
2016 $2,389 $86,072 $54,000 $32,072
2015 $400 $82,072 $50,000 $32,072
2014 $360 $79,516 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kristina Murphy

    Seller's Agent in 2022

    Kristina Murphy

    EXP Realty, LLC.

    (770) 364-5556

    8 in this area

    39 Total Sales

    Kristina Murphy
    Section Image

  • R

    Buyer's Agent in 2022

    Rob Bonine

    NOT A VALID MEMBER

    Section Image
  • Sarah Stovall

    Seller's Agent in 2017

    Sarah Stovall

    Century 21 Results

    (678) 427-1999

    6 in this area

    203 Total Sales

    Sarah Stovall
    Section Image
  • Lisa Oden

    Seller Co-Listing Agent in 2017

    Lisa Oden

    Heartland Real Estate, LLC

    (770) 597-8577

    20 Total Sales

    Lisa Oden
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7085339

First Multiple Listing Service (FMLS)

APN: C39-005

Georgia Forsyth County Cumming 30041

640 Mable Lake Rd, Cumming, GA

This home is located at 640 Mable Lake Rd, Cumming, GA 30041 since 18 July 2022 and is currently estimated at $339,132, approximately $250 per square foot. This property was built in 1972. 640 Mable Lake Rd is a home located in Forsyth County with nearby schools including Mashburn Elementary School, Lakeside Middle School, and Forsyth Central High School.

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