NOT LISTED FOR SALE

3960 New Salem Ct Cumming, GA 30040

Estimated Value: $433,000 - $506,000

3 Beds
2.5 Baths
2,624 Sq Ft
$178/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $380,000 $145 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,896/month

Highlights

  • Private Lot
  • Oversized primary bedroom
  • Wood Flooring
  • Coal Mountain Elementary School Rated A
  • Traditional Architecture
  • Loft

About This Home

As of December 2021

Welcome home to this stunning gem in the heart of Cumming. This almost new home is not only nestled in on a cul-de-sac with a spacious flat lot but it is also closed in with a fence for the absolute privacy that you and your friends desire. If you spend most of your time in the kitchen you will not be disappointed. There is an abundance of cabinetry and countertop for days perfect for having friends and family over for the holidays. This home features a great room floorplan as it openly flows from the kitchen to the family and dinning room perfect for entertaining. Upstairs you'll find 3 sizable bedrooms and a bonus loft area for the extra space that you desire. You will be thrilled about the low taxes, great schools and beautiful community. Call today for a private viewing. You do not want this home to pass you by!!!

Last Agent to Sell the Property

Adeyinka Illo

NOT A VALID MEMBER License #408893 Listed on: 11/11/2021

Co-Listed By

Alaina Hudson

Weichert, Realtors - The Collective License #385585

Last Buyer's Agent

Raj Thakkar

Virtual Properties Realty.Net, LLC. License #410813

Virtual Properties Realty.Net, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,601

Year Built

  • Built in 2005

Lot Details

  • 10,454 Sq Ft Lot
  • Private Lot
  • Back Yard Fenced

HOA Fees

  • $37 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 2,624 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Awning
  • Insulated Windows
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Loft
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Double Oven
  • Dishwasher
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Oversized primary bedroom
  • Dual Vanity Sinks in Primary Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • 110 Volts
  • Cable TV Available

Community Details

  • Bridgetown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 217 189

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,601

Year Built

Built in 2005

Lot Details

0

HOA Fees

$37 per month

Parking

2

Listing Details

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

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Double Oven
  • Interior Amenities: Tray Ceiling(s)
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain
  • Common Walls: No Common Walls
  • Additional Rooms: Loft
  • Dining Room Features: Great Room, Separate Dining Room
  • Square Footage: 2624.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

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

Exterior Features

  • Construction Materials: Aluminum Siding
  • Roof Type: Composition
  • Fencing: Back Yard
  • Patio And Porch Features: Patio
  • Exterior Features: Awning(s)
  • Foundation: None

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Central, Electric
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Association Fee: 37
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Subdivision Complex: Bridgetown

Schools

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

Lot Info

  • Acres: 0.2400
  • Lot Features: Back Yard, Private
  • Lot Dimensions: x
  • Parcel Number: 217 189
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2601.00
  • Assessor Parcel Number: 217-000-189
  • Close Date: 2021-12-27
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Dec 27, 2021
Sold by
Chong David
Bought by
Kadolkar Avinash
Seller's Agent
Adeyinka Illo
NOT A VALID MEMBER
Buyer's Agent
Raj Thakkar
Virtual Properties Realty.Net, LLC.
List Price
$410,000
Sold Price
$380,000
Premium/Discount to List
-$30,000
-7.32%
Current Estimated Value
$467,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,492
Avg. Annual Appreciation
5.62%
Original Mortgage
$346,750
Outstanding Balance
$319,615
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$147,877

Purchase Details

Listed on
Feb 15, 2019
Closed on
Mar 22, 2019
Sold by
Roberts Misty
Bought by
Chong David
Seller's Agent
Home With Sherry Team
Compass
Buyer's Agent
Jung Lee
Real Estate Factory
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.17%
Original Mortgage
$155,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2015
Closed on
Jul 2, 2015
Sold by
Deutsche Bank National Trust Co Trustee
Bought by
Roberts Misty D
Seller's Agent
Stephanie Johnson
RS Asset Management
Buyer's Agent
Jeff Fountain
NOT A VALID MEMBER
Sold Price
$179,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$182,857
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2015
Sold by
Filho Fouad
Bought by
Deutsche Bank National Trust Co Trustee and C-O Pmos Llc Etal

Purchase Details

Closed on
Jul 29, 2005
Sold by
Kb Home Atlanta Llc
Bought by
Filho Fouad Rabahi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,090
Interest Rate
5.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kadolkar Avinash $380,000 --
Chong David $245,000 --
Roberts Misty D $179,800 --
Deutsche Bank National Trust Co Trustee $180,300 --
Filho Fouad Rabahi $225,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kadolkar Avinash $346,750
Previous Owner Chong David $155,000
Previous Owner Roberts Misty D $182,857
Previous Owner Filho Fouad Rabahi $45,090
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/27/2021 12/27/21 Sold $380,000 -7.3% $145 / Sq Ft
11/11/2021 11/11/21 For Sale $410,000 +67.3% $156 / Sq Ft
03/22/2019 03/22/19 Sold $245,000 0.0% $93 / Sq Ft View Prior Sale
02/21/2019 02/21/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $245,000 +36.2% $93 / Sq Ft
07/02/2015 07/02/15 Sold $179,900 -- $69 / Sq Ft View Prior Sale
04/10/2015 04/10/15 Pending -- -- --
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 $4,436 $177,708 $54,000 $123,708
2024 $4,436 $180,912 $54,000 $126,912
2023 $3,960 $160,872 $40,000 $120,872
2022 $3,381 $106,196 $20,000 $86,196
2021 $2,784 $106,196 $20,000 $86,196
2020 $2,601 $97,452 $20,000 $77,452
2019 $2,505 $97,784 $20,000 $77,784
2018 $2,470 $95,760 $18,000 $77,760
2017 $2,345 $89,360 $18,000 $71,360
2016 $1,908 $71,908 $13,508 $58,400
2015 $2,250 $80,920 $15,200 $65,720
2014 $1,935 $73,076 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6969361

First Multiple Listing Service (FMLS)

APN: 217-189