NOT LISTED FOR SALE

890 Timber Lake Dr Cumming, GA 30041

Estimated Value: $382,000 - $420,000

3 Beds
2 Baths
1,344 Sq Ft
$300/Sq Ft Est. Value

Last Sold March 18, 2015

Last sale price $151,750 $113 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $2,459/month

52 Days on Market

Highlights

  • Community Lake
  • Private Lot
  • Country Style Home
  • Mashburn Elementary School Rated A
  • Cathedral Ceiling
  • Great Room

About This Home

As of March 2015

GREAT RANCH WITH COUNTRY PORCH. GREAT LOCATION CLOSE TO LAKE LANIER,SHOPING AND HWY 400 3 BEDROOM 2 BATH. OPEN FLOOR PLAN LEVEL PRIVATE WOODED LOT. EXTRA LARGE FAMILY ROOM WITH FIREPLACE LG. LAUNDRY ROOM, KITCHEN WITH STAIN CABINETS LARGE DINNING AREA. SHOW & SELL.

Last Agent to Sell the Property

TODD BURCHETT

Realty Professionals, Inc. License #107218 Listed on: 12/15/2014

Realty Professionals, Inc.

Last Buyer's Agent

Julie M Martin

Atlanta Fine Homes Sotheby's International License #342667

Atlanta Fine Homes Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $913

Year Built

  • Built in 1989

Lot Details

  • Private Lot
  • Level Lot

Parking

  • 1 Carport Space

Home Design

  • Country Style Home
  • Frame Construction
  • Composition Roof
  • Cedar

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Insulated Windows
  • Great Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

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

Schools

  • Mashburn Elementary School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Patio

Community Details

  • Lanier Country Club Estates Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 890TIMBERLAKEDR

Home Details

Home Type

Single Family

Est. Annual Taxes

$913

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Country
  • Property Condition: Resale
  • Year Built: 1989
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Factory Built, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Electric Range
  • Interior Amenities: Cathedral Ceiling(s)
  • Basement: Crawl Space
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Laminate Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story
  • Window Features: Insulated Windows

Beds/Baths

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

Exterior Features

  • Construction Materials: Cedar, Frame
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Patio

Garage/Parking

  • Carport or Garage: 1
  • Number of Carport Spaces: 1
  • Parking Features: Carport

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Laundry Room
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: LANIER COUNTRY CLUB ESTATES

Schools

  • Elementary School: Mashburn
  • Middle School: Forsyth - Other
  • High School: Forsyth - Other

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Level, Private
  • Parcel Number: 890TIMBERLAKEDR
  • Property Attached Yn: No

Tax Info

  • Taxes: 913.00
  • Close Date: 2015-03-18
  • Tax Year: 2013

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Mashburn
  • High School: Forsyth - Other
  • Middle School: Forsyth - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2016
Sold by
Duane A
Bought by
Merritt Aaron D
Current Estimated Value
$402,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,884
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 15, 2014
Closed on
Mar 18, 2015
Sold by
Bennett Stephanie A
Bought by
Skene Duane and Skene Jaclyn
Seller's Agent
TODD BURCHETT
Realty Professionals, Inc.
Buyer's Agent
Julie M Martin
Atlanta Fine Homes Sotheby's International
List Price
$154,900
Sold Price
$151,750
Premium/Discount to List
-$3,150
-2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$144,163
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2010
Sold by
Corbitt Jason W
Bought by
Corbitt Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,973
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 2009
Sold by
Ellerbee Mary M
Bought by
Corbitt Jason W and Corbitt Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,518
Interest Rate
5.14%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 9, 1998
Sold by
Rogers Lynda C
Bought by
Burnette Lynda C and Burnette Douglas P
Source: Public Records

Range of Values:

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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
Merritt Aaron D $172,000 --
Skene Duane $151,750 --
Corbitt Stephanie A -- --
Corbitt Jason W $137,000 --
Burnette Lynda C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merritt Aaron D $159,000
Closed Merritt Aaron D $168,884
Previous Owner Skene Duane $144,163
Previous Owner Bennett Stephanie A $135,327
Previous Owner Corbitt Stephanie A $137,973
Previous Owner Corbitt Jason W $134,518
Previous Owner Ellerbee Mary M $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2015 03/18/15 Sold $151,750 -2.0% $113 / Sq Ft
02/16/2015 02/16/15 Pending -- -- --
12/15/2014 12/15/14 For Sale $154,900 -- $115 / 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
2024 $3,378 $148,020 $38,400 $109,620
2023 $3,095 $125,724 $32,000 $93,724
2022 $2,723 $82,040 $20,000 $62,040
2021 $2,265 $82,040 $20,000 $62,040
2020 $2,187 $79,208 $16,000 $63,208
2019 $2,076 $75,056 $18,000 $57,056
2018 $1,941 $70,180 $18,000 $52,180
2017 $1,681 $60,580 $18,000 $42,580
2016 $1,503 $54,140 $16,000 $38,140
2015 $1,145 $44,340 $12,000 $32,340
2014 $1,018 $41,724 $12,000 $29,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5376087

First Multiple Listing Service (FMLS)

APN: C39-062