NOT LISTED FOR SALE

2055 Arbor Ridge Ln Cumming, GA 30040

Estimated Value: $808,000 - $888,000

5 Beds
5.5 Baths
3,521 Sq Ft
$240/Sq Ft Est. Value

Last Sold December 23, 2016

Last sale price $380,000 $108 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $5,197/month

116 Days on Market

Highlights

  • Newly Remodeled
  • Separate his and hers bathrooms
  • Deck
  • Otwell Middle School Rated A
  • Mountain View
  • Traditional Architecture

About This Home

As of December 2016

This stunning Bryson "B" home design features 5 BR, 5 BA on a full unfinished basement. A gourmet kitchen adorned w/Giallo Ornamental Granite, 42"maple painted silk w/hazelnut glaze cabinets, large island & a huge Costco walk-in pantry. A spacious master suite & bath w/Giallo Ornamental Granite c-tops, tile floors & His & Her walk-in closets. An upgraded trim package, hardwood floors on main, tile in secondary baths, open tread stairs, whole house open iron rails, coffered ceiling in FR, mezzanine library & all oversized secondary bedrooms features a private bath.

Last Agent to Sell the Property

Lizz Hurkmans

The Providence Group Realty, LLC. License #273549 Listed on: 07/16/2016

Last Buyer's Agent

SUNGHEE G KIM

Focus Realty Investment License #244092

Focus Realty Investment

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,475

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Level Lot
  • Irrigation Equipment

HOA Fees

  • $46 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 3,521 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Mountain Views
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • Dual Closets
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Unfinished 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 Thermostat

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Cumming Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 122
  • Assessor Parcel Number 100 506

Community Details

Overview

  • $500 Initiation Fee
  • Advantagesolve Inc. Association, Phone Number (770) 479-4222
  • Secondary HOA Phone (770) 479-4222
  • Highlands At Sawnee Mountain Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,475

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$46 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: 2016
  • Levels Stories: Two
  • Special Features: NewHome
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, ENERGY STAR Qualified Appliances, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, High Speed Internet, His and Hers Closets, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Full, Interior Entry, Unfinished
  • Kitchen Features: Breakfast Bar, Cabinets Other, Eat-in Kitchen, Pantry Walk-In, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Living Room, Office
  • Dining Room Features: Butlers Pantry, Separate Dining Room
  • Square Footage: 3521.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Main Bedrooms: 1
  • Total Full Baths: 5
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Soaking Tub

Exterior Features

  • Construction Materials: Cement Siding, Stone
  • Roof Type: Composition, Ridge Vents
  • Patio And Porch Features: Deck, Front Porch
  • View: Mountain(s)

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Homeowners Assoc, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 550
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-479-4222
  • Home Warranty: Yes
  • Management Company Email: idefiore@advantagesolve.com
  • Management Phone: 770-479-4222
  • Subdivision Complex: Highlands at Sawnee Mountain

Association/Amenities

  • Management Company: Advantagesolve Inc.

Schools

  • Elementary School: Cumming
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Lot: 122
  • Land/Lot: 1061
  • Section G M D: 1st
  • Plat Book: 82
  • Plat Page: 211
  • Lot Features: Level
  • Lot Dimensions: 12,527 s.f.
  • Parcel Number: 100 506
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat, Windows

Rental Info

  • Initiation Fee: 500

Tax Info

  • Taxes: 4475.00
  • Assessor Parcel Number: 100-000-506
  • Close Date: 2016-12-23
  • Tax Year: 2016

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Cumming
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2016
Closed on
Dec 23, 2016
Bought by
Park Byong Cheoi and Shin Dong Mi
Seller's Agent
Lizz Hurkmans
The Providence Group Realty, LLC.
Buyer's Agent
SUNGHEE G KIM
Focus Realty Investment
List Price
$447,500
Sold Price
$380,000
Premium/Discount to List
-$67,500
-15.08%
Current Estimated Value
$846,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,260
Avg. Annual Appreciation
9.39%
Original Mortgage
$230,000
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2016
Sold by
Sawnee Ventures Llc
Bought by
Taylor Morrison Of Georgia Llc
Source: Public Records

Range of Values:

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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
Park Byong Cheoi $380,000 --
Taylor Morrison Of Georgia Llc $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Byong Cheoi $211,600
Closed Park Byong Cheoi $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2016 12/23/16 Sold $380,000 -5.0% $108 / Sq Ft
11/09/2016 11/09/16 Pending -- -- --
10/12/2016 10/12/16 Price Changed $399,900 -2.5% $114 / Sq Ft
09/28/2016 09/28/16 Price Changed $410,000 -8.4% $116 / Sq Ft
07/16/2016 07/16/16 For Sale $447,500 -- $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 $6,913 $329,552 $52,000 $277,552
2023 $6,191 $306,732 $52,000 $254,732
2022 $6,068 $189,712 $24,000 $165,712
2021 $5,019 $189,712 $24,000 $165,712
2020 $4,588 $169,408 $24,000 $145,408
2019 $4,679 $172,888 $24,000 $148,888
2018 $4,670 $172,288 $24,000 $148,288
2017 $4,131 $152,000 $24,000 $128,000
2016 $666 $24,000 $24,000 $0
2015 $667 $24,000 $24,000 $0
2014 $424 $16,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lizz Hurkmans

    Seller's Agent in 2016

    Lizz Hurkmans

    The Providence Group Realty, LLC.

    (770) 881-0120

    110 Total Sales

    Lizz Hurkmans
    Section Image

  • S

    Buyer's Agent in 2016

    SUNGHEE G KIM

    Focus Realty Investment

    (404) 784-3322

    39 Total Sales

    SUNGHEE G KIM
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5721751

First Multiple Listing Service (FMLS)

APN: 100-506

Georgia Forsyth County Cumming 30040

2055 Arbor Ridge Ln, Cumming, GA

This home is located at 2055 Arbor Ridge Ln, Cumming, GA 30040 since 16 July 2016 and is currently estimated at $846,260, approximately $240 per square foot. This property was built in 2016. 2055 Arbor Ridge Ln is a home located in Forsyth County with nearby schools including Cumming Elementary School, Otwell Middle School, and Forsyth Central High School.

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