NOT LISTED FOR SALE

2885 Scarlet Oak Pass Cumming, GA 30041

Estimated Value: $920,000 - $991,628

5 Beds
4 Baths
3,925 Sq Ft
$246/Sq Ft Est. Value

Last Sold May 26, 2020

Last sale price $515,000 $131 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,931/month

Highlights

  • Newly Remodeled
  • Sitting Area In Primary Bedroom
  • Wood Flooring
  • Haw Creek Elementary School Rated A
  • Craftsman Architecture
  • Sun or Florida Room

About This Home

As of May 2020

Former model home available now as-is! Take in Parkside's panoramic views of the back yard thanks to the bowed wall of windows in the two-story family room. Upstairs is a customizable loft space and luxurious master complete with sitting area and sizable ensuite. If a quality education tops your list of must-haves, you'll appreciate living in South Forsyth in one of the area's most sought-after school districts. Known for their energy-efficient features, our homes help you live a healthier and quieter lifestyle while saving thousands of dollars on utility bills.

Last Agent to Sell the Property

Adam Corder

Meritage Homes Of Georgia Realty, LLC License #331009 Listed on: 02/25/2020

Last Buyer's Agent

Shaji George

Trend Atlanta Realty, Inc. License #266490

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.48 Acre Lot
  • Landscaped

HOA Fees

  • $73 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Parking Accessed On Kitchen Level

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Cottage
  • Composition Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 3,925 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Factory Built Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Sun or Florida Room
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Oversized primary bedroom
  • Dual Closets
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

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

Outdoor Features

  • Patio

Schools

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

Utilities

  • Air Source Heat Pump
  • Underground Utilities
  • 110 Volts
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 85
  • Assessor Parcel Number 227 419

Community Details

Overview

  • $875 Initiation Fee
  • Woodland Reserve Subdivision
  • Rental Restrictions

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$73 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage, Craftsman, Traditional
  • Property Condition: New Construction
  • Year Built: 2018
  • Levels Stories: Two
  • Special Features: NewHome

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Microwave, Tankless Water Heater
  • Interior Amenities: Disappearing Attic Stairs, Entrance Foyer, High Ceilings 9 ft Main, His and Hers Closets, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Full, Interior Entry, Unfinished
  • Kitchen Features: Kitchen Island, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Office, Sun Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3925.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Garage, Kitchen Level

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Underground Utilities
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Playground, Pool
  • Association Fee: 875
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Woodland Reserve

Schools

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

Lot Info

  • Acres: 0.4800
  • Lot: 85
  • Lot Features: Landscaped
  • Lot Dimensions: X
  • Parcel Number: 227 419
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 875

Tax Info

  • Taxes: 500.00
  • Assessor Parcel Number: 227 383
  • Close Date: 2020-05-26
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Haw Creek
  • High School: South Forsyth
  • Middle School: Lakeside - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
May 26, 2020
Sold by
Yerneni Rohit
Bought by
Yerneni Rohit and Pindikanti Sai Radhika
Seller's Agent
Adam Corder
Meritage Homes Of Georgia Realty, LLC
Buyer's Agent
Shaji George
Trend Atlanta Realty, Inc.
List Price
$546,968
Sold Price
$515,000
Premium/Discount to List
-$31,968
-5.84%
Current Estimated Value
$964,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,407
Avg. Annual Appreciation
12.42%
Original Mortgage
$460,000
Outstanding Balance
$407,755
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$556,652
Source: Public Records

Range of Values:

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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
Yerneni Rohit -- --
Yerneni Rohit $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yerneni Rohit $460,000
Closed Yerneni Rohit $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2020 05/26/20 Sold $515,000 -5.8% $131 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $546,968 -- $139 / 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 $8,930 $348,944 $78,000 $270,944
2024 $8,930 $364,152 $78,000 $286,152
2023 $7,402 $300,732 $60,000 $240,732
2022 $6,476 $206,000 $38,400 $167,600
2021 $5,688 $206,000 $38,400 $167,600
2020 $5,302 $191,992 $40,000 $151,992
2019 $5,681 $205,432 $40,000 $165,432
2018 $885 $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Adam Corder

    Meritage Homes Of Georgia Realty, LLC

    (678) 256-0755

    10 in this area

    1,634 Total Sales

    Adam Corder
    Section Image
  • Shaji George

    Buyer's Agent in 2020

    Shaji George

    Trend Atlanta Realty, Inc.

    (678) 471-8275

    3 in this area

    44 Total Sales

    Shaji George
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6685287

First Multiple Listing Service (FMLS)

APN: 227-383

Georgia Forsyth County Cumming 30041

2885 Scarlet Oak Pass, Cumming, GA

This home is located at 2885 Scarlet Oak Pass, Cumming, GA 30041 since 25 February 2020 and is currently estimated at $964,407, approximately $245 per square foot. This property was built in 2018. 2885 Scarlet Oak Pass is a home located in Forsyth County with nearby schools including Haw Creek Elementary School, Lakeside Middle School, and South Forsyth High School.

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