NOT LISTED FOR SALE

725 Washington Way Cumming, GA 30040

Estimated Value: $616,000 - $701,000

5 Beds
3 Baths
2,951 Sq Ft
$221/Sq Ft Est. Value

Last Sold March 20, 2014

Last sale price $293,000 $99 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $4,052/month

133 Days on Market

Highlights

  • Dining Room Seats More Than Twelve
  • Clubhouse
  • Great Room
  • George W. Whitlow Elementary School Rated A
  • Bonus Room
  • Community Pool

About This Home

As of March 2014

REDUCED - SELLER CAN ACCOMMODATE A QUICK CLOSE - BE IN FOR THE HOLIDAYS! WONDERFUL ACTIVE FAMILY NEIGHBORHOOD! LARGE KITCHEN WITH STAINLESS, DOUBLE OVENS, ISLAND, GRANITE AND BUILT IN WORK AREA - HARDWOOD FLOORS - SEPARATE DINING AND LIVING AREAS - BEDROOM ON THE MAIN - HUGE MASTER WITH HIS AND HER CLOSETS AND BONUS ROOM! LARGE SECONDARY BEDROOMS WITH VAULTED CEILINGS - UNFINISHED DAYLIGHT BASEMENT STUBBED WITH BATH AND ALSO KITCHEN/BAR HOOKUPS - PERFECTLY LEVEL LOT - MOTIVATED SELLER

Last Listed By

Susan Vellegas

HomeSmart License #137740 Listed on: 10/04/2013

HomeSmart

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,871

Year Built

  • 2004

Lot Details

  • 7,841

Interior Spaces

  • 2,951 Sq Ft Home
  • Great Room
  • Living Room
  • Dining Room Seats More Than Twelve
  • Library
  • Bonus Room

Basement

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

Schools

  • Whitlow / Forsyth / Forsyth County Elementary School
  • Otwell / Forsyth / Forsyth County Middle School
  • Forsyth Central / Forsyth / Forsyth County High School

Additional Features

  • Certified Energy Wise
  • Underground Utilities

Community Details

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Additional Features

  • Property has a Home Owners Association
  • Clubhouse

Property Details

Home Type

Other

Est. Annual Taxes

$4,871

Year Built

2004

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 2004

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Gas Starter
  • Basement: Bath Stubbed, Daylight, Inside Entrance, Outside Entrance, Full
  • Kitchen Equipment: Dishwasher, Double Oven, Garbage Disposal, Built-In Microwave, Range/Oven
  • Interior Amenities: Bookcases, Trey Ceilings, Vaulted Ceilings, Double Vanity, Entrance Foyer, Gas Logs, Hardwood Floors, Pulldown Attic Stairs, Separate Shower, Tile Floors, Walk-in Closet, Whirlpool Bath
  • Laundry Location: Upstairs
  • Laundry Type: Room
  • Total Finished Sq Ft: 2951
  • Kitchen / Breakfast: Breakfast Area, Island, Solid Surface Counters, Walk-in Pantry

Exterior Features

  • Construction: Brick/Frame

Garage/Parking

  • Parking: 2 Car, Attached, Auto Garage Door

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central, Zoned/Dual
  • Heating Fuel: Gas
  • Heating: Forced Air, Zoned/Dual
  • Energy Features: Certified Energy Wise
  • Water/Sewer: Public Water, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 550
  • HOA Fee Frequency: Annual
  • Fees Include: Swimming, Tennis

Association/Amenities

  • Amenities: Clubhouse, Neighborhood Association, Park, Playground, Pool, Sidewalks, Street Lights, Tennis Courts, Underground Utilities

Schools

  • Elementary School: Whitlow / Forsyth / Forsyth County, GA
  • High School: Forsyth Central / Forsyth / Forsyth County, GA
  • Middle School: Otwell / Forsyth / Forsyth County, GA

Lot Info

  • Lot Description: Level Lot
  • Lot Size: 1/3 - 1/2 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2013
Closed on
Mar 20, 2014
Sold by
Johnson Jeffrey R
Bought by
Barnes Joel M and Barnes Kristie L
Seller's Agent
Susan Vellegas
HomeSmart
Buyer's Agent
Jill Buysman
HomeSmart
List Price
$319,900
Sold Price
$293,000
Premium/Discount to List
-$26,900
-8.41%
Total Days on Market
133
Current Estimated Value
$651,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,378
Avg. Annual Appreciation
7.26%
Original Mortgage
$278,350
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2013
Sold by
Johnson Jeffrey R
Bought by
Johnson Jeffrey R

Purchase Details

Closed on
Dec 17, 2004
Sold by
Peachtree Residential Properties
Bought by
Johnson Jeffrey R and Johnson Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,800
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2004
Sold by
Freedom Creek Partners
Bought by
Peachtree Residential Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
6.25%

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
Barnes Joel M $293,000 --
Johnson Jeffrey R -- --
Johnson Jeffrey R $333,600 --
Peachtree Residential Properties $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes Joel M $327,000
Closed Barnes Joel M $252,300
Closed Barnes Joel M $278,350
Previous Owner Johnson Jeffrey R $266,800
Previous Owner Peachtree Residential Properties $232,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2014 03/20/14 Sold $293,000 0.0% $113 / Sq Ft
03/20/2014 03/20/14 Sold $293,000 -7.0% $99 / Sq Ft
02/14/2014 02/14/14 Pending -- -- --
02/11/2014 02/11/14 Pending -- -- --
02/07/2014 02/07/14 Price Changed $314,900 -1.6% $107 / Sq Ft
01/02/2014 01/02/14 For Sale $319,900 +9.2% $108 / Sq Ft
01/01/2014 01/01/14 Off Market $293,000 -- --
12/06/2013 12/06/13 Price Changed $319,900 -5.9% $108 / Sq Ft
10/04/2013 10/04/13 For Sale $339,900 -2.6% $115 / Sq Ft
09/12/2013 09/12/13 For Sale $349,000 -- $134 / 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
2024 $4,871 $235,920 $66,000 $169,920
2023 $4,233 $218,996 $62,000 $156,996
2022 $4,449 $140,760 $34,000 $106,760
2021 $3,671 $140,760 $34,000 $106,760
2020 $3,572 $135,976 $34,000 $101,976
2019 $3,414 $128,072 $28,000 $100,072
2018 $3,394 $122,728 $28,000 $94,728
2017 $3,362 $121,136 $28,000 $93,136
2016 $3,390 $122,136 $29,000 $93,136
2015 $3,258 $117,192 $34,952 $82,240
2014 $2,487 $97,232 $29,000 $68,232
Source: Public Records

Agents Affiliated with this Home

  • Susan Vellegas

    Seller's Agent in 2014

    Susan Vellegas

    HomeSmart

    (678) 431-2171

    34 Total Sales

    Susan Vellegas
    Section Image
  • Wendy Nicely

    Seller Co-Listing Agent in 2014

    Wendy Nicely

    RE/MAX

    (404) 664-1444

    35 Total Sales

    Wendy Nicely
    Section Image
  • Jill Buysman

    Buyer's Agent in 2014

    Jill Buysman

    HomeSmart

    (678) 488-6655

    1 in this area

    14 Total Sales

    Jill Buysman
    Section Image
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Map

Source: Georgia MLS

MLS Number: 07164888

Georgia MLS

APN: 130-143

Georgia Forsyth County Cumming 30040

725 Washington Way, Cumming, GA

Homes for Sale in Cumming, GA

This home is located at 725 Washington Way, Cumming, GA 30040 since 04 October 2013 and is currently estimated at $651,378, approximately $220 per square foot. This property was built in 2004. 725 Washington Way is a home located in Forsyth County with nearby schools including George W. Whitlow Elementary School, Otwell Middle School, and Forsyth Central High School.

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