NOT LISTED FOR SALE

905 Timber Lake Trail Unit 1 Cumming, GA 30041

Estimated Value: $473,000 - $605,000

4 Beds
3 Baths
2,124 Sq Ft
$267/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $300,000 $141 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,483/month

445 Days on Market

Highlights

  • Marina
  • Covered dock with one slips
  • Lake On Lot
  • Mashburn Elementary School Rated A
  • Golf Course Community
  • Community Lake

About This Home

As of November 2015

Very private wooded lake lot with easy access to the dock. Stunning upgrades throughout the home- Must See Inside! Awesome kitchen with professional S/S appliances and soft-close custom cabinets. Daylight Terrace level has wet bar with wine cooler, upgraded stone backsplash and renovated bathroom. New roof and windows less than 5 years old.

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 07/25/2014

Mark Spain Real Estate

Last Buyer's Agent

No Sales Agent

Non-Mls Company License #0

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,658

Year Built

  • 1984

Lot Details

  • 0.32

Interior Spaces

  • Double Pane Windows
  • Great Room
  • Family Room
  • Den
  • Library
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • In-Law or Guest Suite

Finished Basement

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

Outdoor Features

  • Covered dock with one slips
  • Lake On Lot

Utilities

  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Legal Lot and Block 21 / A

Community Details

Overview

  • Community Lake

Recreation

  • Marina
  • Golf Course Community

Property Details

Home Type

Other

Est. Annual Taxes

$5,658

Year Built

1984

Lot Details

0

Listing Details

  • District: 2ND
  • Section: 1ST
  • Property Setting: Lake
  • Special Features: None
  • Year Built: 1984

Interior Features

  • Fireplaces: 1
  • Fireplace(s): 1, In Great/Family Room, Gas Starter, Wood Stove
  • Lower Level Bedroom: 1
  • Main Floor Bedrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Basement: Bath Finished, Concrete, Daylight, Inside Entrance, Outside Entrance, Finished Rooms, Full
  • Equipment: Smoke/Fire Alarm, Satellite Dish
  • Kitchen Equipment: Dishwasher, Double Oven, Garbage Disposal, Built-In Microwave, Range/Oven, Refrigerator
  • Interior Amenities: Bookcases, Cable In Street, Ceilings 9 Ft Plus, Double Vanity, Entrance Foyer, Hardwood Floors, Recently Renovated, Tile Bath, Tile Floors, Walk-in Closet, Wet Bar
  • Laundry Type: Room
  • Below Grade Finished Sq Ft: 180
  • Unfinished Below Grade Sq Ft: 756
  • Kitchen / Breakfast: Breakfast Area, Pantry, Solid Surface Counters
  • Above Grade Finished Sq Ft: 2124

Exterior Features

  • Roof: Composition
  • Exterior Features: Deck/Patio, Garden Area, Porch, Sprinkler System
  • Boathouse/Dock: Covered Dock - 1 Slip
  • Construction: Wood Siding
  • Waterfront Type: Deep Water Access, Lake Access, Waterfront

Garage/Parking

  • Parking: 2 Car, Carport, Kitchen Level Entry, Parking Pad

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central, Zoned/Dual
  • Heating Fuel: Electric
  • Heating: Forced Air, Heat Pump
  • Energy Features: Double Pane/Thermo
  • Water/Sewer: Public Water, Septic Tank

Association/Amenities

  • Amenities: Golf Course, Lake, Marina

Schools

  • Elementary Bus Line: Yes
  • High School Bus: Yes
  • Middle School Bus: Yes
  • Elementary School: Mashburn / Forsyth / Forsyth County, GA
  • Middle School: Lakeside / Forsyth / Forsyth County, GA
  • High School: Forsyth Central / Forsyth / Forsyth County, GA

Lot Info

  • Lot Description: Private Backyard
  • Lot Size: 1/3 - 1/2 Acre
  • Land Lot: 140
  • Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2017
Sold by
Baird Rachel S
Bought by
Singleton Rachel B and Singleton Timothy R
Total Days on Market
445
Current Estimated Value
$567,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,250
Outstanding Balance
$246,773
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$320,543

Purchase Details

Listed on
Jul 25, 2014
Closed on
Nov 30, 2015
Sold by
Burger William A
Bought by
Baird Rachel S
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
No Sales Agent
Non-Mls Company
List Price
$329,900
Sold Price
$300,000
Premium/Discount to List
-$29,900
-9.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%

Purchase Details

Closed on
Sep 29, 2005
Sold by
Hunter Deborah A
Bought by
Burger William A and Burger April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2000
Sold by
Chestney Laura M and Chestney Robert W
Bought by
Hunter Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
8.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 1993
Sold by
Federal National Mortgage Association
Bought by
Chestney Laura H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Singleton Rachel B -- --
Baird Rachel S $300,000 --
Burger William A $397,500 --
Hunter Deborah A $280,000 --
Chestney Laura H $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singleton Rachel B $292,250
Previous Owner Burger William A $282,312
Previous Owner Burger William A $160,000
Previous Owner Burger William A $318,000
Previous Owner Hunter Deborah A $226,000
Previous Owner Hunter Deborah A $224,000
Previous Owner Chestney Laura H $123,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2015 11/30/15 Sold $300,000 0.0% $141 / Sq Ft
10/14/2015 10/14/15 Pending -- -- --
10/10/2015 10/10/15 Off Market $300,000 -- --
10/05/2015 10/05/15 Price Changed $314,900 -4.5% $148 / Sq Ft
09/28/2015 09/28/15 For Sale $329,900 0.0% $155 / Sq Ft
09/18/2015 09/18/15 Price Changed $329,900 -17.5% $155 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
03/06/2015 03/06/15 Price Changed $399,900 -5.9% $188 / Sq Ft
12/31/2014 12/31/14 Price Changed $424,900 -5.5% $200 / Sq Ft
12/29/2014 12/29/14 Price Changed $449,400 +3.5% $212 / Sq Ft
09/03/2014 09/03/14 Price Changed $434,000 -3.4% $204 / Sq Ft
07/25/2014 07/25/14 For Sale $449,400 -- $212 / 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 $5,658 $242,244 $120,000 $122,244
2023 $5,310 $215,740 $96,000 $119,740
2022 $5,204 $163,256 $84,000 $79,256
2021 $4,508 $163,256 $84,000 $79,256
2020 $4,550 $164,780 $84,000 $80,780
2019 $4,535 $163,992 $84,000 $79,992
2018 $4,339 $156,920 $84,000 $72,920
2017 $3,461 $124,696 $68,400 $56,296
2016 $3,330 $119,992 $70,432 $49,560
2015 $3,790 $136,296 $80,000 $56,296
2014 $958 $132,184 $80,000 $52,184
Source: Public Records

Agents Affiliated with this Home

  • Mark Spain

    Seller's Agent in 2015

    Mark Spain

    Mark Spain

    (678) 537-8980

    45 in this area

    10,403 Total Sales

    Mark Spain
    Section Image

  • N

    Buyer's Agent in 2015

    No Sales Agent

    Non-Mls Company

See All Agents

Map

Source: Georgia MLS

MLS Number: 07310124

Georgia MLS

APN: C39-023

Georgia Forsyth County Cumming 30041

905 Timber Lake Trail Unit 1, Cumming, GA

This home is located at 905 Timber Lake Trail Unit 1, Cumming, GA 30041 since 25 July 2014 and is currently estimated at $567,316, approximately $267 per square foot. This property was built in 1984. 905 Timber Lake Trail Unit 1 is a home located in Forsyth County with nearby schools including Mashburn Elementary School, Lakeside Middle School, and Forsyth Central High School.

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