NOT LISTED FOR SALE

2875 Bishopstone Way Cumming, GA 30040

Estimated Value: $518,949 - $546,000

3 Beds
3.5 Baths
2,071 Sq Ft
$258/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $320,380 $155 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,452/month

Highlights

  • Open-Concept Dining Room
  • New Construction
  • Clubhouse
  • Sawnee Elementary School Rated A
  • No Units Above
  • Deck

About This Home

As of August 2020

Ready August 2020!! Top Selling Gated Townhome Community!! The Humphrey built by Lennar - 3 Bedroom, 2.5 Bath Townhome on a full basement with Master on the Main! Open concept plan features a spacious Great Room with cozy fireplace and dual built-in bookcases. Large Gourmet style kitchen w/42" Painted White Cabinets, SS Appliances and Granite Island. Sizable secondary bedrooms. Large Owner's Suite features with luxury spa bath. Mountain Crest amenities include an 8,000 sq. ft. Clubhouse, Jr. Olympic Swimming Pool, 6 Lighted Tennis Courts and 2 Pickleball Courts, Lifestyle Director and Scenic Mountain Views. Monthly HOA fee includes Exterior maintenance, Roof Maintenance and repair, and weekly lawn care. Home is Under Construction - Ready August 2020 *Photos are Stock Photos*.

Last Agent to Sell the Property

Tamra Wade

RE/MAX Tru License #214598 Listed on: 06/23/2020

RE/MAX Tru

Last Buyer's Agent

Venkat Gaddam

Dream Realty Group, LLC.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $885

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 3,485 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Landscaped
  • Wooded Lot
  • Back Yard

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,071 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Factory Built Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Loft

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

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

Home Security

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • 110 Volts
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 75
  • Assessor Parcel Number 078 795

Community Details

Overview

  • $3,000 Initiation Fee
  • 117 Units
  • Fielstone Association Mgmt Association, Phone Number (404) 920-8621
  • Stablegate At Mountain Crest Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Swim or tennis dues are required
  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$885

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$255 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse, Traditional
  • Property Condition: New Construction
  • Year Built: 2020
  • Levels Stories: Two
  • Cert Prof Home Bldrs Legacy: Lennar Homes
  • Special Features: NewHome

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Main
  • Basement: Daylight, Exterior Entry, Full, Interior Entry, Unfinished
  • Kitchen Features: Cabinets White
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Additional Rooms: Loft, Other
  • Dining Room Features: Open Concept
  • Square Footage: 2071.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Oversized Master
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Shower Only

Exterior Features

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

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Covered, Garage, Garage Faces Front, Kitchen Level, Level Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Maintenance Grounds, Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Homeowners Assoc, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 255
  • Association Fee Frequency: Monthly
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Home Warranty: Yes
  • Management Phone: 404-920-8621
  • Subdivision Complex: Stablegate At Mountain Crest

Association/Amenities

  • Number Of Units In Community: 117
  • Management Company: Fielstone Association Mgmt

Schools

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

Lot Info

  • Acres: 0.0800
  • Lot: 75
  • Land/Lot: 1096
  • Section G M D: 1
  • Plat Book: 170
  • Plat Page: 143
  • Lot Features: Back Yard, Landscaped, Level, Wooded
  • Parcel Number: 078 795
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Thermostat
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 3000

Tax Info

  • Taxes: 885.00
  • Assessor Parcel Number: 078-000-795
  • Close Date: 2020-08-28
  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Aug 28, 2020
Sold by
Lennar Georgia Inc
Bought by
Katepalli Shiva Prasad and Ghandikota Lakshmi Sireesha
Seller's Agent
Tamra Wade
RE/MAX Tru
Buyer's Agent
Venkat Gaddam
Dream Realty Group, LLC.
List Price
$335,880
Sold Price
$320,380
Premium/Discount to List
-$15,500
-4.61%
Current Estimated Value
$533,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,357
Avg. Annual Appreciation
10.48%
Original Mortgage
$304,361
Outstanding Balance
$266,094
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$267,643
Source: Public Records

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
Katepalli Shiva Prasad $320,380 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katepalli Shiva Prasad $304,361
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $320,380 -4.8% $155 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
06/30/2020 06/30/20 Price Changed $336,580 +0.2% $163 / Sq Ft
06/23/2020 06/23/20 For Sale $335,880 -- $162 / 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 $4,499 $214,664 $62,000 $152,664
2024 $4,499 $210,752 $58,000 $152,752
2023 $3,859 $194,476 $56,000 $138,476
2022 $3,841 $127,296 $32,000 $95,296
2021 $3,425 $127,296 $32,000 $95,296
2020 $884 $32,000 $32,000 $0
2019 $885 $32,000 $32,000 $0
2018 $885 $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Tamra Wade

    Seller's Agent in 2020

    Tamra Wade

    RE/MAX

    (770) 502-6232

    2,855 Total Sales

    Tamra Wade
    Section Image
  • Venkat Gaddam

    Buyer's Agent in 2020

    Venkat Gaddam

    Dream Realty Group, LLC.

    (740) 675-3076

    324 Total Sales

    Venkat Gaddam
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6741795

First Multiple Listing Service (FMLS)

APN: 078-795

Georgia Forsyth County Cumming 30040

2875 Bishopstone Way, Cumming, GA

This home is located at 2875 Bishopstone Way, Cumming, GA 30040 since 23 June 2020 and is currently estimated at $533,737, approximately $257 per square foot. This property was built in 2020. 2875 Bishopstone Way is a home located in Forsyth County with nearby schools including Sawnee Elementary School and Forsyth Central High School.

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