NOT LISTED FOR SALE

2050 Cherrywood Ln Cumming, GA 30041

Estimated Value: $770,416 - $850,000

5 Beds
4 Baths
3,200 Sq Ft
$252/Sq Ft Est. Value

Last Sold July 05, 2016

Last sale price $399,710 $125 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $5,071/month

42 Days on Market

Highlights

  • Newly Remodeled
  • Sitting Area In Primary Bedroom
  • Private Lot
  • Daves Creek Elementary School Rated A
  • Home Energy Rating Service (HERS) Rated Property
  • Traditional Architecture

About This Home

As of July 2016

Fantastic pricing for Dogwood Park! -The Langley plan includes 5 bedrooms, 4 full baths, and a spacious sunroom. Outstanding Forsyth County
schools-Daves Creek, Lakeside, and South Forsyth High! Minutes to the Collection and Hwy 400. Actual pictures are of another Langley plan. his home will
be completed in June! Great, wooded lot.

Last Agent to Sell the Property

ASI STAFF

About Sales, LLC Listed on: 01/19/2016

About Sales, LLC

Last Buyer's Agent

Shyam Nagalla

NOT A VALID MEMBER License #339169

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,867

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • Private Lot
  • Level Lot

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway Level

Home Design

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

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Glass Doors
  • Fireplace With Gas Starter
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • 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

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property
  • HERS Index Rating of 14 | Almost a net zero home
  • 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

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

Additional Features

  • Accessible Entrance
  • Patio

Community Details

  • $500 Initiation Fee
  • Dogwood Park Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 27
  • Assessor Parcel Number 155 504

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,867

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 Starter, Glass Doors
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater
  • Interior Amenities: Bookcases, 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)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Living Room, Sun Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3200.00
  • 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, Cement Siding
  • Roof Type: Composition, Ridge Vents
  • Patio And Porch Features: Patio

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener, 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: Natural Gas, Zoned
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Sidewalks, Street Lights
  • 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

Schools

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

Lot Info

  • Lot: 27
  • Land/Lot: 586
  • Section G M D: 1
  • Plat Book: 148
  • Plat Page: 51-59
  • Lot Features: Level, Private
  • Lot Dimensions: 10000
  • Parcel Number: 155 504
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Insulation, Thermostat, Windows
  • H E R S Index Rating: 14
  • Green Building Certifications: HERS Index Score

Rental Info

  • Initiation Fee: 500

Tax Info

  • Assessor Parcel Number: 155-000-504
  • Close Date: 2016-07-05
  • Tax Year: 2016

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2016
Closed on
Jul 5, 2016
Bought by
Aruna Kasukurti Srinivas and Aruna Ningampally
Seller's Agent
ASI STAFF
About Sales, LLC
Buyer's Agent
Shyam Nagalla
NOT A VALID MEMBER
List Price
$405,225
Sold Price
$399,710
Premium/Discount to List
-$5,515
-1.36%
Total Days on Market
42
Current Estimated Value
$805,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,144
Avg. Annual Appreciation
7.94%
Original Mortgage
$319,200
Outstanding Balance
$157,759
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$632,173
Source: Public Records

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Range of Values:

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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
Aruna Kasukurti Srinivas $399,710 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aruna Kasukurti Srinivas $319,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2016 07/05/16 Sold $399,710 -1.4% $125 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $405,225 -- $127 / 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
2024 $5,867 $283,064 $80,000 $203,064
2023 $4,735 $237,484 $60,000 $177,484
2022 $4,877 $177,132 $52,000 $125,132
2021 $4,598 $177,132 $52,000 $125,132
2020 $4,483 $171,548 $52,000 $119,548
2019 $4,441 $169,228 $52,000 $117,228
2018 $4,169 $155,788 $32,000 $123,788
2017 $4,019 $147,968 $32,000 $115,968
2016 $755 $32,000 $32,000 $0
2015 $890 $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5637411

First Multiple Listing Service (FMLS)

APN: 155-504