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2115 Ivy Lane

2115 Ivy Lane, Cumming, GA 30041
Property in Forsyth
Sold Nov 20, 2000
$176,000
Sold Jun 08, 1993
$121,900
$115,800 by Sears Mortgage Corporation
Mortgage
2115 Ivy Lane has been categorized by the local assessors in Cumming, GA as a residential type of property. The building on the property was first built in 1993 and is 31 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2115 Ivy Lane has 1,786 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 589 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 31,363 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 589 sqft. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of materials we are unsure of. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2115 Ivy Lane sold most recently in Nov 15, 2000 for a total of $176,000. If you work out the math, that's approximately a cost of $98.54 per sqft. Before that, the property was also sold for $121,900 in May 28, 1993. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,660 in taxes each year. 2115 Ivy Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $157,004. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $117,004. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: C+
  • Construction Type: Masonry
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 589
  • Garage Type: Garage
  • Garage Square Area: 589
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 31,363
  • Total Building Area: 1,786
  • Building Area: 1,786
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,786
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: IVY BLUFF
  • Land Acres: 0.72
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 14-1 31 LOT 47 PH 2 IVY BLUFF

Ownership

  • Current Owner : ELLIS JOSEPH E
  • Current Owner 2: ELLIS JANICE E
  • Previous Owner : THOMAS DAVID M
  • Previous Owner 2: THOMAS DEBORAH J
  • Owner Before Previous Owner: BURRUSS DEVELOP COST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Forsyth County School District
  • Census Tract: 130506

Zoning

  • Zoning: R2R

Geography

  • Account Number: 0000220749
  • Subdivision Phase Number: 2
  • Parcel: 221 623
  • Lot: 47
  • Municipality: COUNTY
  • Latitude: 34.2229
  • Longitude: -84.0985

    Address

  • Full Address: 2115 Ivy Ln
  • Address - House Number: 2115
  • Address - Street Name: Ivy
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Cumming
  • Carrier Code: R117
  • 4-Digit Zip Code: 9070
  • Zip Code: 30041

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,660
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1415
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 83
  • Final Value: 492,128
  • High Value: 561,765
  • Low Value: 422,491

    Market Valuation

  • Market Total Value: $392,510
  • Market Land Value: $100,000
  • Market Improvement Value: $292,510

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $157,004
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $117,004

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 15, 2000
  • Current Sale Recording Date: Nov 20, 2000
  • Current Sale Transaction ID: 11467785234
  • Current Sale Price: $176,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 08, 1993
  • Previous Sale Contract Date: May 28, 1993
  • Previous Sale Amount: $121,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BK
  • First Mortgage Transaction Date: Nov 20, 2000
  • First Mortgage Loan Amount: $110,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 15, 2030

    Previous Mortgages

  • Previous Mortgage Lender: SEARS MORTGAGE CORPORATION
  • Previous Mortgage Transaction Date: Jun 08, 1993
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $115,800

About Forsyth



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Frequently Asked Questions

What neighborhood is 2115 Ivy Lane located in?
The 2115 Ivy Lane is a located in the neighborhood of Forsyth in Forsyth, Cumming.
What is the average sales price for listings in 2115 Ivy Lane?
The average sales price for units in 2115 Ivy Lane is $0 currently.

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