NOT LISTED FOR SALE

845 Timber Lake Dr Cumming, GA 30041

Estimated Value: $326,000 - $443,000

4 Beds
2 Baths
-- Sq Ft
0.3 Acres

Last Sold January 13, 2014

Last sale price $109,219

Est. 263% increase in value since last sale

Current estimated payment $2,485/month

Highlights

  • A-Frame Home
  • Deck
  • High Ceiling
  • Mashburn Elementary School Rated A
  • Main Floor Primary Bedroom
  • Great Room

About This Home

As of August 2014

4 Bedroom, 2 Bath with New Carpet, New Paint, New Appliances; Totally Remodeled with Two Car Garage. Close to 400 and Lake.

Last Agent to Rent the Property

Paul Khansari

RE/MAX Center License #205098 Listed on: 06/16/2014

RE/MAX Center

Last Renter's Agent

Glenda Broker

Non-Mls Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,901

Year Built

  • Built in 2005

Lot Details

  • 0.3 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • A-Frame Home
  • Split Foyer
  • Brick Frame
  • Composition Roof

Interior Spaces

  • High Ceiling
  • Ceiling Fan
  • Two Story Entrance Foyer
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Breakfast Room
  • Carpet
  • Storm Windows
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Double Vanity
  • Separate Shower

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

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

Utilities

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

Community Details

  • Lanier Country Club Estates Subdivision

Listing and Financial Details

  • Security Deposit $1,700
  • 12-Month Min and 36-Month Max Lease Term
  • $40 Application Fee

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,901

Year Built

Built in 2005

Lot Details

0

Rental Info

  • Lease Termsin Months: 12
  • Security Deposit: 1700

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2005
  • ArchitecturalStyle: Brick/Frame, A-frame
  • Financing Type: LEASE
  • Lot Size Acres: .30
  • Property Sub-Type: Single Family Residence
  • Max Rental Period Months: 36
  • Min Rental Period Months: 12
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Bedrooms: 4
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: Finished
  • Interior Amenities: High Ceilings, Double Vanity, Two Story Foyer, Separate Shower, Master On Main Level, Split Foyer
  • Full Bathrooms: 2
  • Flooring: Carpet
  • Kitchen Features: Breakfast Bar, Breakfast Room, Solid Surface Counters
  • Window Features: Storm Window(s)
  • Furnished: Unfurnished

Beds/Baths

  • Upper Level Full Bathrooms: 2
  • Bedroom Lower Level: 1

Exterior Features

  • Lot Features: Level
  • Patio And Porch Features: Deck, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Central
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Application Fee: 40
  • PetsAllowed: No

Fee Information

  • Fee Paid: Yes
  • Association Fee Includes: None

Schools

  • Elementary School: Mashburn
  • High School: Forsyth Central
  • High School Bus: Yes
  • Middle School: Lakeside
  • Middle School Bus: Yes
  • Elementary School: Mashburn
  • Middle School: Lakeside
  • High School: Forsyth Central

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2013
Closed on
Jan 8, 2014
Sold by
Hsbc Bank Usa National Ass
Bought by
Shirvani Parastoo
Seller's Agent
Sandra Cato
Ojo Homes LLC
Buyer's Agent
Paul Khansari
RE/MAX Center
List Price
$113,000
Sold Price
$109,219
Premium/Discount to List
-$3,781
-3.35%
Current Estimated Value
$396,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,181
Avg. Annual Appreciation
11.49%

Purchase Details

Closed on
Aug 6, 2013
Sold by
Kelly Thomas
Bought by
Hsbc Bank Usa National Associa and Option One Mtg Loan Trust

Purchase Details

Closed on
Dec 23, 2006
Sold by
845 Llc
Bought by
Kelly Thomas and Kelly Sujatha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2004
Sold by
Mercedes Residential Group Inc
Bought by
499 Karen Drive Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.98%
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
Shirvani Parastoo $109,219 --
Hsbc Bank Usa National Associa -- --
Kelly Thomas -- --
499 Karen Drive Llc -- --
Mercedes Residential Group Inc $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shirvani Parastoo $117,658
Closed Shirvani Parastoo $127,500
Previous Owner Kelly Thomas $200,000
Previous Owner Mercedes Residential Group Inc $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2014 08/04/14 Rented $1,450 0.0% --
07/05/2014 07/05/14 Under Contract -- -- --
06/16/2014 06/16/14 For Rent $1,450 0.0% --
01/13/2014 01/13/14 Sold $109,219 -3.3% $76 / Sq Ft
09/24/2013 09/24/13 Pending -- -- --
08/27/2013 08/27/13 For Sale $113,000 -- $78 / 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 $3,901 $159,064 $38,400 $120,664
2023 $3,293 $133,784 $32,000 $101,784
2022 $2,900 $87,396 $20,000 $67,396
2021 $2,413 $87,396 $20,000 $67,396
2020 $2,336 $84,584 $16,000 $68,584
2019 $2,050 $74,132 $18,000 $56,132
2018 $2,014 $72,840 $18,000 $54,840
2017 $1,703 $61,364 $18,000 $43,364
2016 $1,648 $59,364 $16,000 $43,364
2015 $1,214 $43,648 $9,288 $34,360
2014 $1,494 $56,432 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 7288154

Georgia MLS

APN: C39-037