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990 Timber Lake Trail

990 Timber Lake Trail, Cumming, GA 30041
Property in Forsyth
Sold Feb 07, 2017
$112,000
$147,000 by Cardinal Financial
Mortgage Due Jan 01, 2051
Local assessors in Cumming, GA have categorized 990 Timber Lake Trail as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 15,246 square feet. The linear feet between the front and back of the lot was measured at 2,000 ft and the front of the lot was measured at 760 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 990 Timber Lake Trail has a total of 1,360 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 660 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asphalt. Lots of wood shingle were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. 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, 990 Timber Lake Trail sold most recently in Feb 7, 2017 for a total of $112,000. If you work out the math, that's approximately a cost of $82.35 per sqft. 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 $2,557 in taxes each year. 990 Timber Lake Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $103,880. If we break it down further, the land itself was valued at $32,000. Improvements to the property, however, were assessed at a total of $71,880. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Wood shingle
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 660
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 760
  • Total Building Area: 1,360
  • Building Area: 1,360
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,360
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LCCE
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2-1 141 LT8 BL D UN1 LCCE

Ownership

  • Current Owner : SICHAO LIU
  • Previous Owner : PHIL VESTON ESTATE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Forsyth County School District
  • Census Tract: 130509

Zoning

  • Zoning: R2R

Geography

  • Account Number: 0000179368
  • Parcel: 198 159
  • Lot: 8
  • Municipality: COUNTY
  • Latitude: 34.1908
  • Longitude: -84.1156

    Address

  • Full Address: 990 Timber Lake Trl
  • Address - House Number: 990
  • Address - Street Name: Timber Lake
  • Address - Suffix Type: Trl
  • State: GA
  • City Name: Cumming
  • Carrier Code: R027
  • 4-Digit Zip Code: 5313
  • Zip Code: 30041

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,557
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 79
  • Final Value: 311,237
  • High Value: 362,468
  • Low Value: 260,007

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $147,000
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL
  • First Open Lien Mortgage Recording Date: Jan 13, 2021
  • First Open Lien Mortgage Loan Amount: $147,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $259,700
  • Market Land Value: $80,000
  • Market Improvement Value: $179,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $103,880
  • Assessed Land Value: $32,000
  • Assessed Improvements Value: $71,880

    Sales

  • Current Sale Contract Date: Feb 07, 2017
  • Current Sale Recording Date: Feb 07, 2017
  • Current Sale Transaction ID: 1806651518
  • Current Sale Price: $112,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-002058

About Forsyth



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Frequently Asked Questions

What neighborhood is 990 Timber Lake Trail located in?
The 990 Timber Lake Trail is a located in the neighborhood of Forsyth in Forsyth, Cumming.
What is the average sales price for listings in 990 Timber Lake Trail?
The average sales price for units in 990 Timber Lake Trail is $0 currently.

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