855 Timber Lake Dr Cumming, GA 30041
Estimated Value: $360,000 - $437,017
4
Beds
2
Baths
1,800
Sq Ft
$215/Sq Ft
Est. Value
Highlights
- Boat Dock
- Fishing
- Deck
- Mashburn Elementary School Rated A
- Community Lake
- Wooded Lot
About This Home
As of November 2018Newly remodeled 4BR 2BA home in excellent location! Home is nestled on a nearly 1 acre lot with beautiful trees and plenty of privacy! New flooring throughout, new paint throughout, new patio outside of private basement entrance. Main level has 2 BR and 1 BA, living room, kitchen with new counter tops and dining area. Finished basement has living area with separate entrance perfect for a room mate, 2 BR (neither has windows) 1 BA and laundry room. Plenty of room for expansion. Gorgeous piece of property near shopping, excellent schools and 400 access.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,088
Year Built
- Built in 1966
Lot Details
- 0.9 Acre Lot
- Lot Dimensions are 125x330
- Permeable Paving
- Level Lot
- Wooded Lot
Home Design
- Ranch Style House
- Traditional Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,800 Sq Ft Home
- Roommate Plan
- Ceiling Fan
- Family Room
Kitchen
- Open to Family Room
- Electric Range
- Laminate Countertops
- White Kitchen Cabinets
Bedrooms and Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Garage Access
- Exterior Basement Entry
- Finished Basement Bathroom
- Laundry in Basement
- Natural lighting in basement
Parking
- Parking Accessed On Kitchen Level
- Driveway Level
Outdoor Features
- Deck
- Patio
- Outbuilding
Schools
- Mashburn Elementary School
- Lakeside - Forsyth Middle School
- Forsyth Central High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Septic Tank
- Cable TV Available
Additional Features
- Energy-Efficient Thermostat
- Property is near shops
Listing and Financial Details
- Tax Lot 33,34
- Assessor Parcel Number C39 038
Community Details
Overview
- Lanier Country Club Estates Subdivision
- Community Lake
Recreation
- Boat Dock
- Fishing
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2018
Closed on
Nov 20, 2018
Sold by
Payne Rhonda S
Bought by
Johnson Eric Christopher and Johnson Marilyn R
Seller's Agent
Russ Sorrells
Sorrells Realty, LLC
Buyer's Agent
Nidia Guzman
Virtual Properties Realty.com
List Price
$194,900
Sold Price
$197,500
Premium/Discount to List
$2,600
1.33%
Total Days on Market
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,004
Avg. Annual Appreciation
10.89%
Original Mortgage
$187,625
Outstanding Balance
$165,661
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$221,843
Purchase Details
Closed on
Oct 31, 2000
Sold by
Sorrels Properties Llc
Bought by
Payne Rhonda S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,270
Interest Rate
7.83%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Johnson Eric Christopher | $197,500 | -- | |
| Payne Rhonda S | $113,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Johnson Eric Christopher | $187,625 | |
| Closed | Johnson Eric Christopher | $187,625 | |
| Previous Owner | Payne Rhonda S | $97,471 | |
| Previous Owner | Payne Rhonda S | $112,270 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/20/2018 11/20/18 | Sold | $197,500 | +1.3% | $110 / Sq Ft |
| 10/22/2018 10/22/18 | Pending | -- | -- | -- |
| 10/10/2018 10/10/18 | For Sale | $194,900 | -- | $108 / Sq Ft |
Source: First Multiple Listing Service (FMLS)
Tax History Compared to Growth
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 | $3,022 | $149,464 | $57,600 | $91,864 |
| 2023 | $2,220 | $124,360 | $48,000 | $76,360 |
| 2022 | $2,384 | $80,608 | $30,000 | $50,608 |
| 2021 | $2,086 | $80,608 | $30,000 | $50,608 |
| 2020 | $1,981 | $75,532 | $24,000 | $51,532 |
| 2019 | $2,033 | $73,500 | $27,000 | $46,500 |
| 2018 | $1,163 | $49,680 | $27,000 | $22,680 |
| 2017 | $1,088 | $45,920 | $27,000 | $18,920 |
| 2016 | $1,025 | $42,920 | $24,000 | $18,920 |
| 2015 | $900 | $36,920 | $18,000 | $18,920 |
| 2014 | $822 | $35,480 | $18,000 | $17,480 |
Source: Public Records
Agents Affiliated with this Home
-
Russ Sorrells
R
Seller's Agent in 2018
Russ Sorrells
Sorrells Realty, LLC
(678) 245-2287
1 in this area
16 Total Sales
-
Nidia Guzman
Buyer's Agent in 2018
Nidia Guzman
Virtual Properties Realty
(770) 378-4415
1 in this area
530 Total Sales
Map
Source: First Multiple Listing Service (FMLS)
MLS Number: 6084905
APN: C39-038
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