See Home Value
Forsyth 30040
3505 Old Towne Lane
$521,725*
House - Off Market

3505 Old Towne Lane

Cumming, GA 30040
bedrooms
4 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
2750 Sqft
$473,000 - $577,000
Reference Base Price*
-0.62%
Since Oct 1, 2023
National-US
Primary Model
Sold Sep 12, 2023
$559,000
Sold Jan 29, 2016
$270,000
$216,000 by Wells Fargo Bank Na
Mortgage Due Jan 29, 2046

About This Property

What a showstopper! This home provides curb appeal, interior upgrades, and NEW systems/hot ticket items (HVAC, roof, deck) all bundled on a lot that has endless possibilities! Stunning two story, four bedroom in Old Towne Bethelview Swim & Tennis Community is ready for its new owners! This community not only features family-friendly amenities like an Olympic sized pool and tennis court, but a clubhouse, playground and walking trails as well. The white picket fence, meticulously cared for landscaping, an expansive covered front porch, and a full-length 2nd story balcony greet you as you make your way to a two-car garage. The main floor has upgraded hardwood flooring, separate dining room, one support bedroom with patio access, and a spacious kitchen complete with granite countertops, stainless steel appliances, double oven, gas stove, a kitchen island, eat-in nook PLUS a breakfast bar that flows right into the family room. Family room wows with plenty of natural light from its wall of full-length windows, fireplace, and custom built-ins. Crown molding and fresh paint carried throughout the main level. Head upstairs to a multi-functional loft that could be used as a home office, media room, or playroom. Primary en-suite has tray ceiling, plantation shutters, balcony access, a walk-in closet, double vanity, and separate whirlpool tub and shower. Two support bedrooms, one with balcony access as well. The 2nd level is complete with laundry room. Travel to the backyard oasis and sip coffee comfortably from the enclosed sunroom OR from the expanded patio! The added bonus that this home offers that others in the community do not is the cleared double lot! Perfect for a garden or additional entertainment space. Rare opportunity to design to fit your needs! Award-winning Forsyth schools, easy access to shops, grocery, parks and GA-400!

The manager has listed the unit size as 2750 square feet.
Unit Size
2,750Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$191
Property Type
House
Property Taxes
$349
HOA Dues
$654
Year Built
2003

Price History

Date / Event Date Event Price
Sep 18, 2023 No longer available -
No longer available
Sep 12, 2023 Sold to Elizabeth Sara Bray, Gregor... $559,000
Sold to Elizabeth Sara Bray, Gregor...
Aug 8, 2023 In contract -
In contract
Aug 3, 2023 Listed $525,000
Listed
Jan 29, 2016 Sold to Bianca Caine, Nathan Thomas... $270,000
Sold to Bianca Caine, Nathan Thomas...

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: C+
  • Construction Type: Masonry
  • Exterior Walls Type: Other
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 2,750
  • Building Area: 2,750
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,750
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLD TOWNW BETHELVIEW PH I
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 3-1 1138 LT5 PH1 OLD TWN BETHLEVIEW

Ownership

  • Current Owner : BRAY GREGORY
  • Current Owner 2: BRAY ELIZABETH SARA
  • Previous Owner : CAINE NATHAN THOMAS
  • Previous Owner 2: CAINE BIANCA
  • Owner Before Previous Owner: HAHN BARBARA A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Forsyth County School District
  • Census Tract: 130414

Zoning

  • Zoning: R2R

Geography

  • Account Number: 0000197188
  • Subdivision Phase Number: 1
  • Parcel: 078 145
  • Lot: 5
  • Municipality: COUNTY
  • Latitude: 34.2192
  • Longitude: -84.1959

    Address

  • Full Address: 3505 Old Towne Ln
  • Address - House Number: 3505
  • Address - Street Name: Old Towne
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Cumming
  • Carrier Code: R010
  • 4-Digit Zip Code: 7178
  • Zip Code: 30040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,738
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1269
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 85
  • Final Value: 561,448
  • High Value: 632,752
  • Low Value: 490,144

    Market Valuation

  • Market Total Value: $481,180
  • Market Land Value: $130,000
  • Market Improvement Value: $351,180

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,472
  • Assessed Land Value: $52,000
  • Assessed Improvements Value: $140,472

    Sales

  • Current Sale Contract Date: Sep 08, 2023
  • Current Sale Recording Date: Sep 12, 2023
  • Current Sale Transaction ID: 11913261229
  • Current Sale Price: $559,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Jan 29, 2016
  • Previous Sale Contract Date: Jan 29, 2016
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Sep 12, 2023
  • First Mortgage Loan Amount: $447,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jan 29, 2016
  • Previous Mortgage Loan Amount: $216,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 29, 2046



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
2.5 Baths
2,824 ft²
$189/ft²
$535,000 Aug 4, 2023
-
$960/mo
House
3 Beds
2 Baths
2,002 ft²
$300/ft²
$599,900 Aug 10, 2023
-
$348/mo

About Forsyth


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Frequently Asked Questions

When was property at 3505 Old Towne Lane built and last sold?
The property at 3505 Old Towne Lane was built in 2003 and last sold on Sep 8, 2023 for $559,000.
How much is this home worth?
The estimated value of the home located at 3505 Old Towne Lane is $536,495.
What are some comparable homes to 3505 Old Towne Lane?
Homes that are comparable to 3505 Old Towne Lane include a house property at 3737 Downing Drive, 2675 Westlington Circle, which are both great to check out.

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