NOT LISTED FOR SALE

Estimated Value: $250,000 - $331,000

2 Beds
2 Baths
936 Sq Ft
$316/Sq Ft Est. Value

Last Sold March 14, 2013

Last sale price $65,000 $69 Per Sq Ft

Est. 355% increase in value since last sale

Current estimated payment $1,761/month

Highlights

  • Lake Front
  • Community Lake
  • Wood Burning Stove
  • Chestatee Elementary School Rated A-
  • Deck
  • Corner Lot

About This Home

As of March 2013

100% Financing! Cute as a button, 2 bedroom, 2 bath home on private fenced lot. New water heater, tile back splash in kitchen. Back deck backs up to private woods. Fireplace in living room, perfect home for one level living. Forsyth County schools! Less than five minutes from Vanns Tavern boat ramp.

Last Agent to Sell the Property

Megan Thoroman

Coldwell Banker Realty License #296890 Listed on: 11/07/2012

Coldwell Banker Realty

Last Buyer's Agent

JAIME HUMIN

HomeSmart License #239441

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $700

Year Built

  • Built in 1999

Lot Details

  • Lake Front
  • Fenced
  • Corner Lot
  • Level Lot

Home Design

  • Bungalow
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • Formal Dining Room
  • Carpet
  • Crawl Space
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Laundry in Kitchen

Parking

  • Parking Pad
  • Parking Accessed On Kitchen Level
  • Driveway

Accessible Home Design

  • Accessible Entrance

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Chestatee Elementary School
  • Little Mill Middle School
  • North Forsyth High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Sourwood Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 9225HorseshoeBND

Home Details

Home Type

Single Family

Est. Annual Taxes

$700

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Condition: Resale
  • Year Built: 1999
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Family Room, Masonry, Wood Burning Stove
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Electric Water Heater
  • Interior Amenities: Disappearing Attic Stairs, High Speed Internet, His and Hers Closets
  • Basement: Crawl Space
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Laminate Counters, Eat-in Kitchen, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 936.00

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Lake Name: Lanier
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Parking Features: Driveway, Kitchen Level, Parking Pad

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: In Kitchen, Main Level

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Sourwood Subdivision

Schools

  • Elementary School: Chestatee
  • Middle School: Little Mill
  • High School: North Forsyth

Lot Info

  • Lot: 62
  • Land/Lot: 1160
  • Section G M D: 1ST
  • Deed Book: 4232
  • Deed Page: 511
  • Plat Book: 2
  • Plat Page: 60
  • Lot Features: Corner Lot, Level
  • Lot Dimensions: 0.26 Acres
  • Parcel Number: 9225HorseshoeBND
  • Property Attached Yn: No

Tax Info

  • Taxes: 700.00
  • Assessor Parcel Number: 308-000-080
  • Close Date: 2013-03-14
  • Tax Year: 2011

Multi Family

  • Waterfront Features: Lake

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Chestatee
  • High School: North Forsyth
  • Middle School: Little Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2012
Closed on
Mar 14, 2013
Sold by
Millwood Cory B
Bought by
Viera Thomas M
Seller's Agent
Megan Thoroman
Coldwell Banker Realty
Buyer's Agent
JAIME HUMIN
HomeSmart
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%
Current Estimated Value
$296,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,032
Avg. Annual Appreciation
12.84%
Original Mortgage
$48,750
Outstanding Balance
$34,448
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$261,584

Purchase Details

Closed on
Mar 21, 2011
Sold by
Federal Natl Mtg Assn Fnma
Bought by
Millwood Cory B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,634
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 5, 2010
Sold by
Citimortgage
Bought by
Federal Natl Mtg Assn Fnma

Purchase Details

Closed on
Mar 24, 2006
Sold by
Chatham J David
Bought by
Dempsey Rodney C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 1999
Sold by
Knight Charles M
Bought by
Chatham J David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,150
Interest Rate
7.5%
Mortgage Type
New Conventional
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
Viera Thomas M $65,000 --
Millwood Cory B -- --
Federal Natl Mtg Assn Fnma -- --
Citimortgage $86,145 --
Dempsey Rodney C $105,000 --
Chatham J David $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Viera Thomas M $48,750
Previous Owner Millwood Cory B $48,634
Previous Owner Dempsey Rodney C $105,000
Previous Owner Chatham J David $63,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2013 03/14/13 Sold $65,000 -13.3% $69 / Sq Ft
12/01/2012 12/01/12 Pending -- -- --
11/07/2012 11/07/12 For Sale $75,000 -- $80 / 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 $2,221 $94,804 $36,000 $58,804
2024 $2,221 $90,580 $34,000 $56,580
2023 $2,094 $85,072 $26,000 $59,072
2022 $1,978 $55,360 $18,000 $37,360
2021 $1,529 $55,360 $18,000 $37,360
2020 $1,484 $53,732 $18,000 $35,732
2019 $1,469 $53,104 $18,000 $35,104
2018 $1,056 $38,196 $12,000 $26,196
2017 $900 $32,420 $8,000 $24,420
2016 $900 $32,420 $8,000 $24,420
2015 $901 $32,420 $8,000 $24,420
2014 $688 $26,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5082005

First Multiple Listing Service (FMLS)

APN: 308-080