NOT LISTED FOR SALE

1440 Rainfall Ct Cumming, GA 30040

Estimated Value: $678,347 - $723,000

5 Beds
4 Baths
3,200 Sq Ft
$220/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $414,900 $130 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,271/month

Highlights

  • Home Theater
  • Newly Remodeled
  • Craftsman Architecture
  • Kelly Mill Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Clubhouse

About This Home

As of August 2019

BEAUTIFUL CUL-DE-SAC HOMESITE BACKING UP TO NATURE PRESERVE. Thorngate is an established swim/tennis community and these few remaining homes are perfect choice for those who value privacy and the beauty of nature. Quietly tucked on the final street of the neighborhood this home features grand two-story foyer and a light filled open concept plan. Spacious kitchen with large island overlooking family room and a bedroom with a full bath on the main level. Walk in pantry and separate laundry area on first floor. HUGE bonus room upstairs for flex space Ready Summer 2019.

Last Agent to Sell the Property

Zina Cohen

Peachtree Town & Country License #148163 Listed on: 09/21/2018

Peachtree Town & Country

Co-Listed By

Scott Payne

Atlanta Fine Homes Sotheby's International License #201337

Last Buyer's Agent

Tom Esposito

Coldwell Banker Realty License #233758

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,482

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.26 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Shingle Roof
  • Composition Roof
  • Cement Siding
  • Stone Siding
  • Brick Front

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Unfinished Basement
  • Natural lighting in basement
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Butlers Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Oversized primary bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Location

  • Property is near schools
  • Property is near shops
  • Property is near the Beltline

Schools

  • Kelly Mill Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Deck

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 247
  • Assessor Parcel Number 103 427

Community Details

Overview

  • $595 Initiation Fee
  • Homeside Properties Association, Phone Number (678) 297-9566
  • Thorngate Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Swim or tennis dues are required
  • Swim Team
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,482

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Condition: New Construction
  • Year Built: 2018
  • Levels Stories: Two
  • Special Features: NewHome
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Interior Amenities: Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, High Speed Internet, Walk-In Closet(s)
  • Basement: Daylight, Unfinished
  • Kitchen Features: Cabinets White, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Media Room
  • Dining Room Features: Butlers Pantry, Separate Dining Room
  • Square Footage: 3200.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Oversized Master, Sitting Room
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick Front, Cement Siding, Stone
  • Roof Type: Composition, Shingle
  • Patio And Porch Features: Deck

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener, Kitchen Level

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Underground Utilities
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Swim/Tennis
  • Community Features: Clubhouse, Homeowners Assoc, Near Beltline, Near Schools, Near Shopping, Near Trails/Greenway, Playground, Pool, Sidewalks, Street Lights, Swim Team, Tennis Court(s)
  • Association Fee: 595
  • Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Home Warranty: Yes
  • Management Company Email: Bhayworth@homesideproperties.com
  • Management Phone: 678-297-9566
  • Subdivision Complex: Thorngate

Association/Amenities

  • Management Company: Homeside Properties

Schools

  • Elementary School: Kelly Mill
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Acres: 0.2600
  • Lot: 247
  • Land/Lot: 55,57,58
  • Section G M D: 5
  • Deed Book: 7629
  • Deed Page: 233
  • Plat Book: 155
  • Plat Page: 152
  • Lot Features: Cul-De-Sac, Landscaped, Sloped, Wooded
  • Parcel Number: 103 427
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 595

Tax Info

  • Assessor Parcel Number: 103-000-427
  • Close Date: 2019-08-16
  • Tax Year: 2017

MLS Schools

  • Elementary School: Kelly Mill
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2018
Closed on
Aug 16, 2019
Sold by
Harris Benjamin Scott
Bought by
Harris Benjamin Scott and Bonti-Harris Jennifer D
Seller's Agent
Zina Cohen
Peachtree Town & Country
Buyer's Agent
Tom Esposito
Coldwell Banker Realty
List Price
$434,900
Sold Price
$414,900
Premium/Discount to List
-$20,000
-4.6%
Current Estimated Value
$703,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,437
Avg. Annual Appreciation
8.89%
Original Mortgage
$379,416
Outstanding Balance
$335,957
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$367,380
Source: Public Records

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
Harris Benjamin Scott -- --
Harris Benjamin Scott $414,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Benjamin Scott $379,416
Closed Harris Benjamin Scott $379,416
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2019 08/16/19 Sold $414,900 0.0% $130 / Sq Ft
06/02/2019 06/02/19 Pending -- -- --
05/02/2019 05/02/19 Price Changed $414,900 -4.6% $130 / Sq Ft
09/21/2018 09/21/18 For Sale $434,900 -- $136 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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
2025 $6,482 $268,016 $74,000 $194,016
2024 $6,482 $264,340 $68,000 $196,340
2023 $5,881 $238,928 $60,000 $178,928
2022 $5,150 $158,116 $40,000 $118,116
2021 $4,366 $158,116 $40,000 $118,116
2020 $4,220 $152,808 $40,000 $112,808
2019 $5 $145,928 $26,000 $119,928
2018 $719 $26,000 $26,000 $0
2017 $777 $28,000 $28,000 $0
2016 $555 $20,000 $20,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6075643

First Multiple Listing Service (FMLS)

APN: 103-427