NOT LISTED FOR SALE

8045 Brookwood Way Cumming, GA 30041

Estimated Value: $672,000 - $708,000

4 Beds
3 Baths
2,750 Sq Ft
$251/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $389,000 $141 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,175/month

63 Days on Market

Highlights

  • Separate his and hers bathrooms
  • City View
  • Traditional Architecture
  • Brookwood Elementary School Rated A+
  • Oversized primary bedroom
  • Cathedral Ceiling

About This Home

As of July 2020

***Location Location*** Seller Motivated Vacant Basement House. Flat and Private Backyard.New Interior paint and Brand New Appliances
Close to Johns Creek amenities, top rated schools and Forsyth County which has lower taxes!! Beautiful Hardwoods on Main Level just refinished. Bathrooms have updated granite and full bathrooms have double sinks. Lots of storage with double closets and walk in closets. Open concept living and one of the larger floor plans in Brookwood.
Spacious Screen Porch off Kitchen is perfect for enjoying lush backyard, new carpet going upstairs, bonus/extra room on first floor. Brand New Neighborhood Amenities.

Last Agent to Sell the Property

Venkat Gaddam

Dream Realty Group, LLC. Listed on: 04/22/2020

Last Buyer's Agent

Ashley Ward

Mainstay Brokerage LLC License #373226

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 1997

Lot Details

  • 0.53 Acre Lot
  • Back Yard
  • Land Lease

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 2,750 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Cathedral Ceiling
  • Insulated Windows
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Library
  • City Views
  • Stubbed For A Bathroom
  • Carbon Monoxide Detectors
  • Laundry Room

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Brookwood - Forsyth Elementary School
  • South Forsyth Middle School
  • Lambert High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 114 493

Community Details

Overview

  • Plantation At Brookwood Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,000

Year Built

Built in 1997

Lot Details

0

HOA Fees

$92 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: Resale
  • Year Built: 1997
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range
  • Interior Amenities: Bookcases, Cathedral Ceiling(s)
  • Basement: Bath/Stubbed
  • Kitchen Features: Cabinets Other, Kitchen Island, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Library, Other
  • Dining Room Features: Dining L
  • Square Footage: 2750.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Oversized Master
  • Main Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers

Exterior Features

  • Roof Type: Composition
  • View: City

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Laundry Room
  • Electric: None

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Tennis Court(s)
  • Association Fee: 1100
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Plantation at Brookwood

Lot Info

  • Acres: 0.5300
  • Lot Features: Back Yard
  • Parcel Number: 114 493
  • Horse Amenities: None
  • Land Lease: Yes
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 3000.00
  • Tax Year: 2018

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Brookwood - Forsyth
  • High School: Lambert
  • Middle School: South Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2020
Closed on
Jul 15, 2020
Sold by
Gaddamanugu Bala S
Bought by
Addala Ravi Shanker and Addala Soujanya
Seller's Agent
Venkat Gaddam
Dream Realty Group, LLC.
Buyer's Agent
Ashley Ward
Mainstay Brokerage LLC
List Price
$404,000
Sold Price
$389,000
Premium/Discount to List
-$15,000
-3.71%
Current Estimated Value
$689,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,921
Avg. Annual Appreciation
11.22%
Original Mortgage
$369,550
Outstanding Balance
$294,789
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$395,132

Purchase Details

Closed on
Nov 29, 2010
Sold by
Gaddamanugu Neelima D
Bought by
Gaddamanugu Bala S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2003
Sold by
Gaddamanugu Bala Surya Siva Sri
Bought by
Gaddamanugu Bala Surya Siva Si and Gaddamanugu Neelim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,920
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2000
Sold by
Ollie David and Ollie Stephanie B
Bought by
Kosmoski Jon P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,680
Interest Rate
8.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 1997
Sold by
Pulte Home Corp
Bought by
Ollie David and Ollie Stephanie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,500
Interest Rate
7.18%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Addala Ravi Shanker $389,000 --
Gaddamanugu Bala S -- --
Gaddamanugu Bala Surya Siva Si -- --
Gaddamanugu Bala Surya Siva $259,900 --
Kosmoski Jon P $234,600 --
Ollie David $211,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Addala Ravi Shanker $369,550
Previous Owner Gaddamanugu Bala S $194,000
Previous Owner Gaddamanugu Bala Surya Siva $207,920
Previous Owner Kosmoski Jon P $187,680
Previous Owner Ollie David $169,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2020 07/15/20 Sold $389,000 -3.7% $141 / Sq Ft
07/13/2020 07/13/20 For Sale $404,000 +3.9% $147 / Sq Ft
07/11/2020 07/11/20 Off Market $389,000 -- --
05/24/2020 05/24/20 Price Changed $404,000 -0.2% $147 / Sq Ft
05/23/2020 05/23/20 For Sale $405,000 +4.1% $147 / Sq Ft
05/22/2020 05/22/20 Off Market $389,000 -- --
04/22/2020 04/22/20 For Sale $405,000 -- $147 / 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 $5,577 $271,816 $78,000 $193,816
2024 $5,577 $265,324 $68,000 $197,324
2023 $4,870 $244,312 $60,000 $184,312
2022 $4,576 $154,608 $40,000 $114,608
2021 $4,148 $154,608 $40,000 $114,608
2020 $3,713 $150,132 $40,000 $110,132
2019 $3,700 $149,224 $40,000 $109,224
2018 $3,558 $141,520 $30,000 $111,520
2017 $3,093 $118,876 $30,000 $88,876
2016 $3,093 $118,876 $30,000 $88,876
2015 $2,945 $111,596 $30,000 $81,596
2014 $2,577 $100,612 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Venkat Gaddam

    Seller's Agent in 2020

    Venkat Gaddam

    Dream Realty Group, LLC.

    (740) 675-3076

    9 in this area

    322 Total Sales

    Venkat Gaddam
    Section Image

  • A

    Buyer's Agent in 2020

    Ashley Ward

    Mainstay Brokerage LLC

    4 in this area

    22 Total Sales

    Ashley Ward
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6712879

First Multiple Listing Service (FMLS)

APN: 114-493

Georgia Forsyth County Cumming 30041

8045 Brookwood Way, Cumming, GA

Not Listed for Sale

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