$408,000 - $432,545
RENTED MAR 9, 2025

3940 New Salem Ct Cumming, GA 30040

3 Beds
2.5 Baths
1,872 Sq Ft
$224 Price per Sq Ft

Last Sold November 29, 2021

Last sale price $364,000 $194 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,590/month

Highlights

  • Open-Concept Dining Room
  • Clubhouse
  • Wood Flooring
  • Coal Mountain Elementary School Rated A
  • Traditional Architecture
  • Stone Countertops

About This Home

As of March 2025

This beautiful and updated home is in a circle corner in the award-winning North Forsyth school district. Gorgeous new LVP flooring on the main floor with an open floor plan! Complete make-over of the entire interior, almost new appliances, and newly painted last year. It has a spacious, flat, private fenced back yard and has plenty of space for all your activities.
It is walking distance to the neighborhood great amenities which include tennis courts, playground, fantastic pool, fitness center, basketball court, and clubhouse. The home is located in a great neighborhood just a couple minutes’ drive to Highway 400 and Browns Bridge Church, walkable to Walmart, Starbucks, shopping and much more. This home will be available to move in at 3/1. Currently tenants are occupied.

Last Agent to Rent the Property

Cheng Lim

All Choices Realty, LLC. License #274097 Listed on: 01/30/2025

Last Renter's Agent

Ken Lee

Virtual Properties Realty.com License #362100

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,245

Year Built

  • Built in 2005

Lot Details

  • 10,019 Sq Ft Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot
  • Back Yard Fenced and Front Yard

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,872 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Insulated Windows
  • Open-Concept Dining Room
  • Breakfast Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Patio
  • Rear Porch

Schools

  • Coal Mountain Elementary School
  • North Forsyth Middle School
  • North Forsyth High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,500
  • 12 Month Lease Term
  • $60 Application Fee
  • Assessor Parcel Number 217 187

Community Details

Overview

  • Property has a Home Owners Association
  • Application Fee Required
  • Bridgetown Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,245

Year Built

Built in 2005

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: All Utilities
  • Credit Report Required: Yes
  • Deposit: 2500
  • Lease Term: 12 Months
  • Per Adult Dollar: 60.00
  • Pets Allowed: Yes
  • Application Fee Per Adult: Yes
  • Pet Deposit Dollar: 450.00
  • Deposit Required: Pet, Security

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2005
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Carpet, Hardwood, Luxury Vinyl
  • Fireplace Features: Electric
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Interior Amenities: Double Vanity, Walk-In Closet(s)
  • Kitchen Features: Breakfast Room, Cabinets Stain, Eat-in Kitchen, Pantry, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Open Concept
  • Square Footage: 1872.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity

Exterior Features

  • Construction Materials: Stone, Vinyl Siding
  • Roof Type: Shingle
  • Fencing: Back Yard, Fenced, Privacy, Wood
  • Patio And Porch Features: Patio, Rear Porch
  • Exterior Features: Private Yard
  • Pool Private: No

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Front

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Closet, Laundry Room, Upper Level

Condo/Co-op/Association

  • Community Features: Clubhouse, Homeowners Assoc, Pool, Street Lights
  • Management: Owner Managed
  • Subdivision Complex: Bridgetown

Schools

  • Elementary School: Coal Mountain
  • Middle School: North Forsyth
  • High School: North Forsyth

Lot Info

  • Acres: 0.2300
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Level, Private
  • Lot Dimensions: x
  • Parcel Number: 217 187
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 217-000-187
  • Close Date: 2025-03-09

MLS Schools

  • Elementary School: Coal Mountain
  • High School: North Forsyth
  • Middle School: North Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2024
Sold by
Capital Brains Estates Llc
Bought by
Lim Cheng L and Ho Ping Y
Current Estimated Value
$420,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,640
Outstanding Balance
$286,518
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$133,618

Purchase Details

Listed on
Oct 14, 2021
Closed on
Nov 29, 2021
Sold by
Lange Christopher A
Bought by
Capital Brains Estates Llc
Seller's Agent
Bill Tracy
BHHS Georgia Properties
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$340,000
Sold Price
$364,000
Premium/Discount to List
$24,000
7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%
Original Mortgage
$291,200
Interest Rate
3.14%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 1, 2016
Closed on
Sep 13, 2016
Sold by
Jason
Bought by
Lange Lise Claire Marie and Lange Christopher A
Seller's Agent
Jim Stewart
Your NGA Team Realty
Buyer's Agent
Kathleen Hernandez
Harry Norman Realtors
List Price
$209,000
Sold Price
$207,500
Premium/Discount to List
-$1,500
-0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.39%
Original Mortgage
$197,125
Interest Rate
3.43%
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
Lim Cheng L $415,200 None Listed On Document
Capital Brains Estates Llc $364,000 --
Lange Lise Claire Marie $207,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim Cheng L $290,640
Previous Owner Capital Brains Estates Llc $291,200
Previous Owner Lange Lise Claire Marie $197,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/09/2025 03/09/25 Rented $2,500 0.0% --
01/30/2025 01/30/25 For Rent $2,500 +4.2% --
01/16/2024 01/16/24 Rented $2,400 -3.8% --
01/07/2024 01/07/24 Price Changed $2,495 -3.9% $1 / Sq Ft
01/03/2024 01/03/24 Price Changed $2,595 -5.6% $1 / Sq Ft
12/24/2023 12/24/23 For Rent $2,750 0.0% --
11/29/2021 11/29/21 Sold $364,000 +7.1% -- View Prior Sale
10/26/2021 10/26/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $340,000 0.0% --
06/06/2020 06/06/20 Rented $1,725 0.0% --
06/01/2020 06/01/20 For Rent $1,725 +1.8% --
09/06/2019 09/06/19 Rented $1,695 0.0% --
09/04/2019 09/04/19 Under Contract -- -- --
08/15/2019 08/15/19 Price Changed $1,695 -3.1% $1 / Sq Ft
08/08/2019 08/08/19 For Rent $1,750 0.0% --
09/13/2016 09/13/16 Sold $207,500 -0.7% $111 / Sq Ft View Prior Sale
08/12/2016 08/12/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $209,000 -- $112 / 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 $4,245 $168,064 $54,000 $114,064
2024 $4,245 $173,108 $54,000 $119,108
2023 $3,431 $139,404 $40,000 $99,404
2022 $2,905 $90,676 $20,000 $70,676
2021 $2,504 $90,676 $20,000 $70,676
2020 $2,307 $83,532 $20,000 $63,532
2019 $2,092 $83,184 $20,000 $63,184
2018 $1,987 $77,760 $18,000 $59,760
2017 $1,885 $72,600 $18,000 $54,600
2016 $1,751 $66,240 $17,200 $49,040
2015 $1,698 $64,240 $15,200 $49,040
2014 $1,445 $57,876 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7514543

First Multiple Listing Service (FMLS)

APN: 217-187