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1502 Indian Way

1502 Indian Way, Cumming, GA 30040
Townhouse in Forsyth
Sold Sep 23, 2019
$200,000
$150,000 by Pnc Bank
Mortgage Due Jan 01, 2049
Sold Sep 13, 2013
$127,000
$124,699 by Primary Capital Advisors Ltd C
Mortgage
1502 Indian Way in Cumming, GA was first built in 2002 and is 22 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1502 Indian Way has 1,806 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,307 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a garage. The garage is 396 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1502 Indian Way was last sold in Sep 23, 2019 for $200,000. According to our calculations, that's $110.74 per sqft. Prior to that sales transaction, the property was sold for $127,000 in Sep 13, 2013. Current property owners are expected to pay $418 in taxes per year. The property on 1502 Indian Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $121,700. To break that down further, the land itself was valued at $40,000. While improvements to the property were assessed at a total of $81,700. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Aluminum Siding
Vinyl Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: C
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 396
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,307
  • Total Building Area: 1,806
  • Building Area: 1,806
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,806
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PILGRIM LAKE
  • Land Acres: 0.03
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: 3-1 1047 UN 52 PH 3 POD O PILGRIM LAKE

Ownership

  • Current Owner : SCHWAN MARK B
  • Previous Owner : WALTERS BARTHOLOMEW M
  • Owner Before Previous Owner: EGERT SABINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Forsyth County School District
  • Census Tract: 130409

Zoning

  • Zoning: R3

Geography

  • Account Number: 0000170571
  • Subdivision Phase Number: 3
  • Parcel: 194 558
  • Municipality: COUNTY
  • Latitude: 34.229
  • Longitude: -84.1125

    Address

  • Full Address: 1502 Indian Way
  • Address - House Number: 1502
  • Address - Street Name: Indian
  • Address - Suffix Type: Way
  • State: GA
  • City Name: Cumming
  • Carrier Code: R034
  • 4-Digit Zip Code: 3504
  • Zip Code: 30040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $418
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1415
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 83
  • Final Value: 340,333
  • High Value: 388,504
  • Low Value: 292,161

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: PNC BANK
  • First Open Lien Mortgage Recording Date: Sep 23, 2019
  • First Open Lien Mortgage Loan Amount: $150,000
  • 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, 2049

    Market Valuation

  • Market Total Value: $304,250
  • Market Land Value: $100,000
  • Market Improvement Value: $204,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $121,700
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $81,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 23, 2019
  • Current Sale Recording Date: Sep 23, 2019
  • Current Sale Transaction ID: 11664622230
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-009636
  • Previous Sale Recording Date: Sep 13, 2013
  • Previous Sale Contract Date: Sep 13, 2013
  • Previous Sale Amount: $127,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK
  • First Mortgage Transaction Date: Sep 23, 2019
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: PRIMARY CAPITAL ADVISORS LTD C
  • Previous Mortgage Transaction Date: Nov 08, 2013
  • Previous Mortgage Loan Amount: $124,699
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Forsyth



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Frequently Asked Questions

What neighborhood is 1502 Indian Way located in?
The 1502 Indian Way is a townhouse located in the neighborhood of Forsyth in Forsyth, Cumming.
What is the average sales price for listings in 1502 Indian Way?
The average sales price for units in 1502 Indian Way is $0 currently.

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