1295 Timber Lake Trail, Cumming, GA 30041

$499,900 Asking Price

4 beds
3 baths
2,912  sqft
Built in 1972

Beautiful Ranch style home with a single slip party dock on Lake Lanier (large lot .54 acres) just moments from everything that Cumming has to offer! Calling all homeowners, 2nd home seekers, investors and builders, this home is one to grab quickly. Appraised at $850,000 on 2/21/24 this home leaves plenty of instant equity for those looking for the "deals of all deals". This is a Corporate Liquidation of assets and property has free and clear title and ready to close. This 4-bedroom, 3-bathroom offers so many opportunities with its large kitchen and living room with fireplace, primary and secondary bedroom, and laundry all on the main floor. Going down into the basement, you will be greeted by another large living room with 2nd fireplace, a room that is stubbed for a 2nd kitchen (water hookup is in the cabinet), two additional bedrooms and a large game/utility room with 2nd laundry hookup. Literally, this home is one you can move the entire family to! Seller's ready to close and closing attorney will need to be Sherman and Phalen. Property is Sold As-Is with no disclosures as the seller never lived there.


Features & Amenities

Interior

General:
Bookcases, Disappearing Attic Stairs, Entrance Foyer, Walk-In Closet(s)
Rooms:
Basement, Bathroom, Bedroom, Den, Laundry, Living Room
Appliances:
Dishwasher, Gas Range
Laundry:
In Basement, In Hall, Main Level
Basement:
Finished, Finished Bath, Full, Walk-Out Access
Flooring:
Carpet
A/C:
Central Air
Heating:
Central
Fireplace:
Basement, Living Room, Fireplaces: 2
Disability Feature:
None
Eco/Green Feature:
None, None

Exterior

General:
Private Yard
Style:
Ranch, Traditional
Pool:
None
Parking:
Carport, Covered, Driveway

Construction

Roofing:
Shingle
Windows:
Insulated Windows
General:
Brick, Wood Siding, Two, Block

Location

Road/Access:
City Street
HOA Amenities:
0.0, Annually
Originating MLS:
First Multiple Listing Service
County:
Forsyth - GA

Lot

Zoning:
2-1 141 LT10 BL F UN1 LCC ESTATES, 198 198
View:
Lake, Trees/Woods
Fencing:
None

Utilities

Utilities:
Electricity Available, Natural Gas Available, Water Available, 110 Volts
Water:
Public
Sewer:
Septic Tank

Financial

Source:
First Multiple Listing Service

This listing courtesy of:
ERA Sunrise Realty, Adrienne Nace

About Cumming, GA

Housing

Number of Units
68,926
Median Home Value
$357,746
Median Rent
$1,227

15.38% of housing units are renter occupied.

3.89% are vacant.

Commute

Car
51.40%
Public Transportation
0.29%
Walk to Work
0.23%
Work from Home
47.50%
Other
0.43%

The median travel time to work is 18 minutes.

People

Population
191,306
Median Age
38.10
Median Household Size
3.24

Education

High School
14.64%
Associate’s Degree
7.15%
Bachelor’s Degree
36.04%
Graduate Degree
18.35%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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