NOT LISTED FOR SALE

4725 Magnolia Creek Dr Cumming, GA 30028

Estimated Value: $692,132 - $724,000

4 Beds
3.5 Baths
3,568 Sq Ft
$199/Sq Ft Est. Value

Last Sold August 16, 2023

Last sale price $685,000 $192 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,573/month

16 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • High Ceiling
  • Matt Elementary School Rated A
  • Corner Lot
  • Community Pool

About This Home

As of August 2023

This 4-Bedroom home in Magnolia Creek community offers an open floor plan with an oversized family room, large gourmet kitchen and butler's pantry. Outside you will find an enormous deck just perfect for entertaining and the best sunset view to be found; along with string lighting and functioning street post lights. Inside the 3-Car garage, you find an elevator that takes you to the 2nd floor laundry room. Upstairs the secondary bedrooms have wainscotting which adds to the charm, the Master Suite is large with hardwood floors and the 4th bedroom/bonus room is huge and could be used as a media room. The unfinished basement is just waiting for you to customize it.

Last Listed By

BRYAN SMITH

Century 21 Results License #268034 Listed on: 06/28/2023

Century 21 Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,162

Year Built

  • Built in 2004

Lot Details

  • 0.61 Acre Lot
  • Fenced
  • Corner Lot

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • Side or Rear Entrance to Parking

Home Design

  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 3,568 Sq Ft Home
  • 3-Story Property
  • Bookcases
  • High Ceiling
  • Family Room with Fireplace
  • Den
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Laundry on upper level

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Shed

Schools

  • Matt Elementary School
  • Liberty Middle School
  • North Forsyth High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Tax Lot 54

Community Details

Overview

  • Association fees include swimming, tennis
  • Magnolia Creek Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,162

Year Built

Built in 2004

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Main Level Half Bathrooms: 1
  • Financing Type: Conventional
  • Levels: Three Or More
  • Lot Size Acres: .61
  • Other Sturctures: Shed(s)
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 3568
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Double Oven
  • Bedrooms: 4
  • Basement: Full
  • Total Finished Sq Ft: 3568
  • Above Grade Finished Sq Ft: 3568
  • Interior Amenities: Bookcases, High Ceilings
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Family Room
  • Flooring: Hardwood, Carpet
  • Kitchen Features: Breakfast Area
  • Price Per Square Foot: 191.984

Beds/Baths

  • Upper Level Full Bathrooms: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Concrete
  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Side/Rear Entrance

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Zoned
  • Laundry Features: Upper Level
  • Security Features: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 695
  • Association: Yes
  • Community Features: Pool, Tennis Court(s)

Fee Information

  • Association Fee Includes: Swimming, Tennis

Schools

  • Elementary School: Matt
  • High School: North Forsyth
  • High School Bus: Yes
  • Middle School: Liberty
  • Middle School Bus: Yes
  • Elementary School: Matt
  • Middle School: Liberty
  • High School: North Forsyth

Lot Info

  • Lot: 54
  • Deed Book: 4485
  • Deed Page: 549

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5162

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Aug 16, 2023
Sold by
Butcher Ellen A
Bought by
Magyar Joy and Magyar Christopher
Seller's Agent
BRYAN SMITH
Century 21 Results
Buyer's Agent
Wendy Amato
BHHS Georgia Properties
List Price
$700,000
Sold Price
$685,000
Premium/Discount to List
-$15,000
-2.14%
Total Days on Market
16
Views
196
Current Estimated Value
$710,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,533
Avg. Annual Appreciation
1.83%
Original Mortgage
$513,750
Outstanding Balance
$505,971
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$200,494

Purchase Details

Closed on
Aug 29, 2022
Sold by
Eugene Butcher Kel
Bought by
Butcher Ellen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2016
Closed on
Nov 30, 2016
Sold by
Michael J
Bought by
Butcher Ellen A and Butcher Kel
Seller's Agent
Lynda Lewis
Century 21 Results
Buyer's Agent
Michael Hill
Hill & Associates Realty
List Price
$375,000
Sold Price
$340,000
Premium/Discount to List
-$35,000
-9.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%
Original Mortgage
$315,425
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 2006
Sold by
Lowe Ted and Lowe Nancie
Bought by
Silverman Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,750
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2004
Sold by
Stone Way Builders Group Inc
Bought by
Lowe Ted and Lowe Nancie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,210
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2003
Sold by
Callas Development Co
Bought by
Stone Way Builders Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
6.03%

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
Magyar Joy $685,000 None Listed On Document
Butcher Ellen A -- --
Butcher Ellen A $340,000 --
Silverman Michael J $365,000 --
Lowe Ted $357,200 --
Stone Way Builders Group Inc $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magyar Joy $513,750
Previous Owner Butcher Ellen A $432,000
Previous Owner Butcher Ellen A $314,000
Previous Owner Butcher Ellen A $307,372
Previous Owner Butcher Ellen A $315,425
Previous Owner Silverman Michael J $200,750
Previous Owner Lowe Ted $53,754
Previous Owner Lowe Ted $321,210
Previous Owner Stone Way Builders Group Inc $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2023 08/16/23 Sold $685,000 -2.1% $192 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $700,000 +105.9% $196 / Sq Ft
11/30/2016 11/30/16 Sold $340,000 -9.3% $104 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $375,000 +10.3% $115 / Sq Ft
09/22/2016 09/22/16 Off Market $340,000 -- --
09/21/2016 09/21/16 For Sale $375,000 -- $115 / Sq Ft
Source: Georgia MLS

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
2024 $6,584 $274,000 $47,120 $226,880
2023 $5,410 $267,724 $40,000 $227,724
2022 $5,162 $175,256 $24,000 $151,256
2021 $4,701 $175,256 $24,000 $151,256
2020 $4,440 $164,056 $24,000 $140,056
2019 $4,655 $168,336 $16,000 $152,336
2018 $4,924 $178,056 $16,000 $162,056
2017 $3,775 $136,000 $15,520 $120,480
2016 $1,073 $140,132 $16,000 $124,132
2015 $1,073 $140,132 $16,000 $124,132
2014 $836 $116,248 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Georgia MLS

MLS Number: 10175967

Georgia MLS

APN: 167-155