3 months on rocket

2720 Rustic Lake Ter, Cumming, GA, 30041

$1,225,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
5 Full Baths, 1 Partial
5,826 SqFt
$210/SqFt
House

Location

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2720 Rustic Lake Ter, Cumming$1,225,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Garage3 spaces
Year Built2020
HeatingCentral, Forced Air
CoolingCeiling Fan(s), Central Air, Zoned
BasementYes
WaterfrontNone
FireplaceBrick, Family Room, Gas Starter, Outside
ViewOther
MLS #7440653
Lot Size0.42 Acres
StatusActive

About 2720 Rustic Lake Ter

North facing home in Forsyth GA. Discover this beautifully designed Bellwood Plan by Southern Heritage Homes. A 7-bedroom, 5.5-bathroom home, available and featuring a fully finished basement and extra kitchentte in the basement. The Bellwood Plan boasts an expansive open-concept layout with 10' ceilings, and having the owners suite on the main level, a gourmet kitchen with a large island for entertaining including 42" custom cabinets and the elegant 5" hardwood floors throughout the main living areas. Step out onto the back porch and enjoy the evening next to the outside fireplace. The owner's suite off the living room on the main floor offers a spa-like retreat with an oversized shower and a separate soaking tub. Upstairs includes 4 additional bedrooms and 2 full baths. Additional features upstairs include a versatile loft/media room. This home has been thoughtfully upgraded, including shiplap accent walls, designer lighting fixtures, and a butler's pantry. The fully finished basement is perfect for entertaining, complete with a full kitchenette 2 full bedrooms and 2 full bathrooms and a separate heating and air system giving this house a total of three HVAC units for each floor. The HVAC has been upgraded with antiviral and antibacterial filters for added comfort. Plus, the entire home has been freshly painted inside and out, giving it a brand-new feel. Don't miss out on this exceptional home!

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 2020
  • Living Area: 5,826 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC.
  • Office Phone: (888) 959-9461
  • Listing Agent: Brian Powell

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Gas Range, Microwave, Range Hood, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Beamed Ceilings, Bookcases, Disappearing Attic Stairs, Double Vanity, Entrance Foyer, High Ceilings 9 ft Upper, High Ceilings 10 ft Main, High Speed Internet, Recessed Lighting, Smart Home, Walk-In Closet(s)
  • Fireplace: Brick, Family Room, Gas Starter, Outside

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Other
  • Exterior: None

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Level
  • Lot Size: 0.42 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Ceiling Fan(s), Central Air, Zoned

Other

Directions Information:

  • Directions: 400 North to exit 14 toward GA 20-E. Travel 3.5 Miles and turn left on Echols Rd. Travel half mile and turn right at light to stay on Echols rd. Community is half mile on left. House is second on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,225,000
  • Price Per SqFt: $210/SqFt

HOA Fees:

  • Amount: $1200
  • Frequency: Annually

Tax Information:

  • Annual Amount: $6,543
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cumming, GA.

Map thumbnail provided by MapBox

Cumming, GA

City

Med. Sold Price

$581.5K

Med. Price/SqFt

$219

Avg. Days On Market

43

# of Sold Homes

239

2720 Rustic Lake Ter vs Cumming

93 DAYS ON ROCKET

+50 Days

$1,225,000

+$643.4K More

$210/SqFt

-$9 Less

KEY TAKEAWAY

This property is $643.4K more than the Median Sold Price and $9/SqFt less than other homes in Cumming, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7440653

Listing Office:

  • Office Name: EXP Realty, LLC.
  • Office Phone: (888) 959-9461
  • Listing Agent: Brian Powell

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.

If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 5:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 16, 2020Home Sold
$609,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,543$40,000
2018$884$32,000

History based on county public records data.

Payment Calculator

$6,281

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,739

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-705826
8
/10

  • Haw Creek Elementary School

  • 2555 Echols Rd

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-705827
7
/10

  • Mashburn Elementary School

  • 3777 Samples Rd

  • 0.77 miles

  • Public District Grades KG-5

school-card-donut-705828
9
/10

  • White Oak Elementary School

  • 6442 Suwanee Dam Rd

  • 2.04 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $122,468. Most Cumming, GA residents have annual incomes between $100k-200k. Residents typically live in married, with kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2720 Rustic Lake Ter

What is the listing price of this property?

The listing price of 2720 Rustic Lake Ter property is $1,225,000.

What type of property is this?

The property 2720 Rustic Lake Ter is a house located in Cumming, Georgia, 30041.

Is this property for sale now?

Active Listing: 2720 Rustic Lake Ter is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,543 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 16, 2020 for $609,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2720 Rustic Lake Ter has 7 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 2720 Rustic Lake Ter is 5,826 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2720 Rustic Lake Ter is 2020.

Rocket Homes›Georgia›Forsyth County›Cumming›30041›2720 Rustic Lake Ter

This home is located at 2720 Rustic Lake Ter in Cumming, GA and zip code 30041. This 5,826 square foot home, which was built in 2020, sits on a 0.42 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since August 17, 2024 and is currently priced at $1,225,000.

Cumming, GA housing market in October 2024 saw over 36 listings sold above listed price, more than 51 sold at listed price and over 143 sold below. In October 2024 in Cumming, GA there were 14.9% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $581,508, while the average time on the real estate market was 43 days.

From Rocket Homes Real Estate and based on county public records data.

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