NOT LISTED FOR SALE

2865 Prestwood Dr Cumming, GA 30040

Estimated Value: $782,000 - $853,258

5 Beds
4 Baths
4,217 Sq Ft
$195/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $880,880 $209 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $5,199/month

2 Days on Market

Highlights

  • Separate his and hers bathrooms
  • Clubhouse
  • Oversized primary bedroom
  • Sawnee Elementary School Rated A
  • Deck
  • Traditional Architecture

About This Home

As of May 2024

Welcome to GORGEOUS North-East facing home w/FINISHED BASEMENT located in the sought-after MOUNTAIN CREST community - a location where opportunities to purchase are few and far between. This property stands out with its charming brick front porch leading into an inviting foyer. The formal dining room sets the stage for memorable gatherings, gourmet kitchen boasts a custom backsplash, granite countertops, and pantry. The suite of stainless steel appliances, including a built-in oven offering stunning views of the meticulously landscaped backyard.The family room showcases sophistication with a fireplace and built-ins setting the perfect scene for relaxation and entertainment. The enlarged covered deck, ideal for enjoying sunset evenings and stargazing, enhanced by extended fenced backyard & expanded patio. The main level also features a guest bedroom with a full tiled bath, ensuring comfort and convenience for visitors. Ascend to the upper floor to discover the exquisite master bedroom, complete with a tray ceiling and an adjoining sitting entertainment space for ultimate relaxation. The master bath offers double vanities, a garden tub, and a separate shower leading to a large walk-around closet. Two additional generously sized bedrooms and a hall bath, a loft complete the upper level, each benefiting from abundant natural light and refreshing ventilation. The fully finished daylight basement is a realm of entertainment and functionality, featuring a large recreation room, an incredible home theater, additional bedroom and a full bath alongside ample storage space. Home features Aquasana whole-house water filtration system, crown molding, hardwood floors on the main, granite counter tops in bath rooms, hard wired Ring cameras, Ring doorbell. HOA maintains the yard & landscaping, including planting beds, trimming, edging & mowing! This neighborhood features wonderful amenities including large club house, Junior Olympic size pool, separate pool with water slide, and zero entry side with splashing feature, playground, tennis, pickleball courts, and gym with 24 hour access. Easy access to Big Creek Greenway, opening up to walking trails. Beyond the community, enjoy quick and easy access to GA400 and Highway 20, the new Cumming City Center, Lake Lanier, downtown Cumming and all shopping at Market Place Center. Located in the highly ranked Forsyth county school district!!

Last Agent to Sell the Property

Sekhar Thadiparthi

Sekhars Realty, LLC. License #351059 Listed on: 04/18/2024

Last Buyer's Agent

S&N Team

Keller Williams North Atlanta License #384720

Keller Williams North Atlanta

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,524

Year Built

  • Built in 2019

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 54x44x16x15x62x138x91
  • Property fronts a county road
  • Back and Front Yard

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Drive Under Main Level
  • Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stone Siding
  • Brick Front
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Ceiling height of 10 feet on the lower level
  • Fireplace With Gas Starter
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Dual Closets
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Natural lighting in basement

Home Security

  • Smart Home
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Location

  • Property is near schools
  • Property is near shops

Schools

  • Sawnee Elementary School
  • Hendricks Middle School
  • Forsyth Central High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • 110 Volts
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 208
  • Assessor Parcel Number 101 266

Community Details

Overview

  • $2,000 Initiation Fee
  • Association Phone (404) 920-8621
  • Mountain Crest Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,524

Year Built

Built in 2019

Lot Details

0

HOA Fees

$240 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: 3-1 1098 LT 208 PH 6 MOUNTAIN CREST
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2019
  • Levels Stories: Three Or More
  • Above Grade Finished Sq Ft: 3078.00
  • Below Grade Sq Ft: 168.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood, Carpet
  • Fireplace Features: Gas Starter, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, High Ceilings 10 ft Lower, High Speed Internet, His and Hers Closets, Smart Home, Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Full
  • Kitchen Features: Breakfast Room, Cabinets White, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bedroom, Basement, Bathroom
  • Dining Room Features: Separate Dining Room
  • Square Footage: 4217.00
  • Spa Features: None
  • Window Features: Insulated Windows
  • Below Grade Finished Sq Ft: 1139.00

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick Front, Stone
  • Roof Type: Composition
  • Patio And Porch Features: Covered, Deck, Patio
  • Exterior Features: Rain Gutters
  • Pool Private: No
  • Foundation: Concrete Perimeter

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Drive Under Main Level, Driveway, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Natural Gas, Zoned
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Trash, Maintenance Grounds, Swim, Tennis
  • Community Features: Clubhouse, Homeowners Assoc, Near Schools, Near Shopping, Near Trails/Greenway, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 2880
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 404-920-8621
  • Subdivision Complex: Mountain Crest

Schools

  • Elementary School: Sawnee
  • Middle School: Hendricks
  • High School: Forsyth Central

Lot Info

  • Acres: 0.2400
  • Lot: 208
  • Land/Lot: 1098
  • Section G M D: 1ST
  • Deed Book: 10344
  • Deed Page: 59-60
  • Plat Book: 1098
  • Plat Page: 25
  • Lot Features: Back Yard, Front Yard
  • Lot Dimensions: 54X44X16X15X62X138X91
  • Parcel Number: 101 266
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 2000

Tax Info

  • Taxes: 5524.00
  • Assessor Parcel Number: 101-000-266
  • Additional Assessor Parcel Numbers: 101-000-266
  • Close Date: 2024-05-14
  • Tax Year: 2023

MLS Schools

  • Elementary School: Sawnee
  • High School: Forsyth Central
  • Middle School: Hendricks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
May 14, 2024
Sold by
Bussa Nagaraju and Dosapati Santoshirupa
Bought by
Paliwal Sandeep and Paliwal Deepa
Seller's Agent
Sekhar Thadiparthi
Sekhars Realty, LLC.
Buyer's Agent
S&N Team
Keller Williams North Atlanta
List Price
$850,000
Sold Price
$880,880
Premium/Discount to List
$30,880
3.63%
Views
14
Current Estimated Value
$824,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,565
Avg. Annual Appreciation
-4.87%
Original Mortgage
$630,880
Outstanding Balance
$599,652
Interest Rate
6.06%
Mortgage Type
New Conventional
Estimated Equity
$224,663

Purchase Details

Closed on
Aug 27, 2021
Sold by
Bussa Nagaraju
Bought by
Bussa Nagaraju and Dosapati Santoshirupa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2019
Sold by
Lennar Georgia Inc
Bought by
Padmanabhan Gopalakrishnan P and Gopalakrishnan Sudha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,396
Interest Rate
4.1%
Mortgage Type
New Conventional
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
Paliwal Sandeep $880,900 None Listed On Document
Bussa Nagaraju -- --
Bussa Nagaraju $606,000 --
Padmanabhan Gopalakrishnan P $385,680 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paliwal Sandeep $630,880
Previous Owner Bussa Nagaraju $545,400
Previous Owner Padmanabhan Gopalakrishnan P $360,000
Previous Owner Padmanabhan Gopalakrishnan P $366,396
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $880,880 +3.6% $209 / Sq Ft
04/21/2024 04/21/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $850,000 -- $202 / 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 $6,019 $287,208 $64,000 $223,208
2023 $5,524 $277,844 $56,000 $221,844
2022 $4,769 $159,000 $32,000 $127,000
2021 $4,260 $159,000 $32,000 $127,000
2020 $4,265 $159,240 $32,000 $127,240
2019 $885 $32,000 $32,000 $0
2018 $885 $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: 7370401

First Multiple Listing Service (FMLS)

APN: 101-266