NOT LISTED FOR SALE

2040 Cherrywood Ln Cumming, GA 30041

Estimated Value: $857,668 - $950,000

5 Beds
4 Baths
3,700 Sq Ft
$245/Sq Ft Est. Value

Last Sold August 25, 2016

Last sale price $470,075 $127 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,452/month

Highlights

  • Newly Remodeled
  • Sitting Area In Primary Bedroom
  • Deck
  • Daves Creek Elementary School Rated A
  • Dining Room Seats More Than Twelve
  • Private Lot

About This Home

As of August 2016

Award winning Azalea C Plan with 5 bedrooms, a sunroom/ sitting room, first floor bedroom and full bath, two story family room, giant kitchen, Large master bedroom with sitting room, Full daylight basement, private, wooded lot, fantastic South Forsyth schools.

Last Agent to Sell the Property

ASI STAFF

About Sales, LLC Listed on: 06/16/2016

About Sales, LLC

Last Buyer's Agent

Michele O'Brien

Atlanta Communities License #350265

Atlanta Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,000

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 0.25 Acre Lot
  • Private Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway Level

Home Design

  • Traditional Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Brick Front

Interior Spaces

  • 3,700 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Office
  • Sun or Florida Room
  • Keeping Room
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Schools

  • Daves Creek Elementary School
  • Lakeside - Forsyth Middle School
  • South Forsyth High School

Utilities

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

Additional Features

  • Accessible Entrance
  • Deck

Community Details

  • $500 Initiation Fee
  • Fieldstone Association
  • Dogwood Park Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 28 / A
  • Assessor Parcel Number 155 505

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,000

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: New Construction
  • Year Built: 2015
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: NewHome
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Microwave, Tankless Water Heater
  • Interior Amenities: Bookcases, Cathedral Ceiling(s), Disappearing Attic Stairs, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Keeping Room, Kitchen Island, Pantry Walk-In, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Living Room, Office, Sun Room
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 3700.00
  • Window Features: Insulated Windows

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Composition, Ridge Vents
  • Patio And Porch Features: Deck

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Sidewalks
  • Association Fee: 700
  • Association Fee Frequency: Annually
  • Master Association Fee: 700
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: Dogwood Park

Association/Amenities

  • Management Company: Fieldstone

Schools

  • Elementary School: Daves Creek
  • Middle School: Lakeside - Forsyth
  • High School: South Forsyth

Lot Info

  • Acres: 0.2500
  • Lot: 28
  • Land/Lot: 586
  • Section G M D: 1st
  • Plat Book: 152
  • Plat Page: 217
  • Lot Features: Level, Private, Wooded
  • Lot Dimensions: 10663 s.f.
  • Parcel Number: 155 505
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Insulation, Thermostat, Windows

Rental Info

  • Initiation Fee: 500

Tax Info

  • Taxes: 5000.00
  • Assessor Parcel Number: 155-000-505
  • Close Date: 2016-08-25
  • Tax Year: 2015

MLS Schools

  • Elementary School: Daves Creek
  • High School: South Forsyth
  • Middle School: Lakeside - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2023
Sold by
Immanni Rajarshi
Bought by
Rishi And Krishna Veni Immanni Living Trust
Current Estimated Value
$908,167

Purchase Details

Listed on
Jun 16, 2016
Closed on
Aug 25, 2016
Bought by
Immanni Rajarshi and Immanni Krishna Veni
Seller's Agent
ASI STAFF
About Sales, LLC
Buyer's Agent
Michele O'Brien
Atlanta Communities
List Price
$486,780
Sold Price
$470,075
Premium/Discount to List
-$16,705
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$417,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List 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
Rishi And Krishna Veni Immanni Living Trust -- None Listed On Document
Immanni Rajarshi $470,075 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Immanni Rajarshi $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2016 08/25/16 Sold $470,075 -3.4% $127 / Sq Ft
06/16/2016 06/16/16 For Sale $486,780 -- $132 / 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 $6,952 $349,472 $90,000 $259,472
2024 $6,952 $332,224 $80,000 $252,224
2023 $5,718 $280,324 $60,000 $220,324
2022 $5,809 $207,412 $52,000 $155,412
2021 $5,450 $207,412 $52,000 $155,412
2020 $5,306 $200,428 $52,000 $148,428
2019 $5,254 $197,508 $52,000 $145,508
2018 $5,104 $189,988 $32,000 $157,988
2017 $4,925 $180,608 $32,000 $148,608
2016 $888 $32,000 $32,000 $0
2015 $890 $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    ASI STAFF

    About Sales, LLC

    (404) 931-7462

    ASI STAFF
    Section Image
  • Michele O'Brien

    Buyer's Agent in 2016

    Michele O'Brien

    Atlanta Communities

    (770) 906-3232

    50 Total Sales

    Michele O'Brien
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5707311

First Multiple Listing Service (FMLS)

APN: 155-505

Georgia Forsyth County Cumming 30041

2040 Cherrywood Ln, Cumming, GA

This home is located at 2040 Cherrywood Ln, Cumming, GA 30041 since 16 June 2016 and is currently estimated at $908,167, approximately $245 per square foot. This property was built in 2015. 2040 Cherrywood Ln is a home located in Forsyth County with nearby schools including Daves Creek Elementary School, Lakeside Middle School, and South Forsyth High School.

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