NOT LISTED FOR SALE

3340 Riverwalk Way Cumming, GA 30040

Estimated Value: $920,000 - $1,026,000

6 Beds
5 Baths
6,967 Sq Ft
$142/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $950,000 $136 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,981/month

3 Days on Market

Highlights

  • Second Kitchen
  • Home Theater
  • Craftsman Architecture
  • Sawnee Elementary School Rated A
  • Sauna
  • Deck

About This Home

As of February 2024

Welcome to your dream home in Cumming! This exquisite 5-bedroom Craftsman house is a perfect blend of luxury and comfort, with too many updates to list. Situated in a prime location, this property offers the ideal balance of modern elegance and traditional charm in the sought-after community of Somerdale, and offers easy access to local amenities, parks, and top-rated schools. This cul-de-sac home is adjacent to the pool and is positioned perfectly to provide privacy and convenience. The house boasts Craftsman-style architecture, showcasing detailed craftsmanship and timeless design. Enjoy generous living spaces with 5 well-appointed bedrooms, providing ample room for relaxation and privacy. The main kitchen is a chef's delight, equipped with KitchenAid appliances, stylish finishes, and a kitchen island you have to see to believe. Just past the keeping room is a covered deck with a fireplace for evening relaxation in any season. The basement in-law suite adds an extra dimension to this home, featuring a full kitchen for convenience and versatility. Host gatherings in the spacious living areas or take the party outside to the hot tub and expansive backyard with a custom fire pit and professional exterior lighting, as this is one of the largest lots in the subdivision.

Last Agent to Sell the Property

Premier Atlanta Real Estate

Premier Atlanta Real Estate License #274871 Listed on: 01/18/2024

Co-Listed By

Ryan Ward

Premier Atlanta Real Estate License #274871

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,666

Year Built

  • Built in 2015

Lot Details

  • 0.41 Acre Lot
  • Cul-De-Sac
  • Privacy Fence
  • Back Yard Fenced
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Grass Covered Lot

HOA Fees

  • $96 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Stone Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Tray Ceiling
  • High Ceiling
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Double Pane Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Game Room
  • Screened Porch
  • Sauna
  • Home Gym
  • Keeping Room

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Convection Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry in Mud Room
  • Laundry on upper level

Finished Basement

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

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Garage
  • Parking Accessed On Kitchen Level
  • Side or Rear Entrance to Parking

Outdoor Features

  • Deck
  • Patio
  • Outdoor Fireplace

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 20

Community Details

Overview

  • $3,000 Initiation Fee
  • Association fees include ground maintenance, swimming, tennis
  • Somerdale Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,666

Year Built

Built in 2015

Lot Details

0

HOA Fees

$96 per month

Listing Details

  • Property Type: Residential
  • District: 3
  • Section: 1
  • Year Built: 2015
  • ArchitecturalStyle: Craftsman, Traditional
  • Co List Office: PMRA01
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .41
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 6967
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Convection Oven, Dishwasher, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 6
  • Dining Room Features: Separate Room
  • Basement: Bath Finished, Daylight, Interior Entry, Exterior Entry, Finished, Full
  • Below Grade Finished Sq Ft: 1693
  • Total Finished Sq Ft: 5274
  • Unfinished Below Grade Sq Ft: 180
  • Above Grade Finished Sq Ft: 5274
  • Interior Amenities: Tray Ceiling(s), High Ceilings, Double Vanity, Soaking Tub, Sauna, Separate Shower, Walk-In Closet(s), Wet Bar, In-Law Floorplan
  • Full Bathrooms: 5
  • Fireplace Features: Family Room, Living Room, Outside, Masonry, Gas Log
  • Flooring: Hardwood, Tile, Carpet
  • Kitchen Features: Breakfast Bar, Kitchen Island, Second Kitchen, Solid Surface Counters, Walk-in Pantry
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 129.036

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Bedroom Lower Level: 1
  • Bedroom Main Level: 1

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Stone
  • ExteriorFeatures: Sprinkler System
  • Fencing: Fenced, Back Yard, Privacy, Wood
  • Foundation Details: Slab
  • Lot Features: Corner Lot, Cul-De-Sac, Level
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage, Kitchen Level, Side/Rear Entrance

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Mud Room, Upper Level
  • Security Features: Security System, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 1150
  • Association: No
  • Community Features: Pool, Sidewalks, Street Lights, Tennis Court(s), Walk To Schools, Walk To Shopping

Fee Information

  • Initiation Fee: 3000
  • Association Fee Includes: Maintenance Grounds, Swimming, Tennis

Schools

  • Elementary School: Sawnee
  • High School: West Forsyth
  • High School Bus: Yes
  • Middle School: Hendricks
  • Middle School Bus: Yes
  • Elementary School: Sawnee
  • Middle School: Hendricks
  • High School: West Forsyth

Lot Info

  • Land Lot: 1139
  • Lot: 20
  • Plat Book: 149
  • Plat Page: 21-28

Multi Family

  • Total Fireplaces: 3

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7666

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Feb 16, 2024
Sold by
Reynolds Kiley M and Reynolds Amy K
Bought by
Muralidhar Ravindra and Maharana Yogomaya
Seller's Agent
Premier Atlanta Real Estate
Premier Atlanta Real Estate
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$899,000
Sold Price
$950,000
Premium/Discount to List
$51,000
5.67%
Views
91
Current Estimated Value
$991,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,375
Avg. Annual Appreciation
2.72%
Original Mortgage
$665,000
Outstanding Balance
$654,001
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$337,374
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
Muralidhar Ravindra $950,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muralidhar Ravindra $665,000
Previous Owner Reynolds Kiley $31,000
Previous Owner Reynolds Kiley M $446,800
Previous Owner Reynolds Kiley M $374,925
Previous Owner Reynolds Kiley M $99,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $950,000 +5.7% $136 / Sq Ft
01/21/2024 01/21/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $899,000 +79.8% $129 / Sq Ft
10/01/2015 10/01/15 Sold $499,900 -3.8% $122 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $519,900 -- $127 / Sq Ft
Source: Georgia MLS

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 $7,803 $382,676 $60,000 $322,676
2024 $7,803 $366,176 $60,000 $306,176
2023 $7,666 $376,304 $52,000 $324,304
2022 $6,939 $215,972 $45,200 $170,772
2021 $5,762 $215,972 $45,200 $170,772
2020 $5,430 $199,912 $45,200 $154,712
2019 $5,915 $222,932 $45,200 $177,732
2018 $5,756 $214,892 $45,200 $169,692
2017 $5,794 $215,656 $45,200 $170,456
2016 $5,550 $199,960 $32,000 $167,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10242695

Georgia MLS

APN: 078-539