NOT LISTED FOR SALE

4005 Mandolina Way Cumming, GA 30040

Estimated Value: $783,000 - $810,000

5 Beds
4 Baths
-- Sq Ft
0.35 Acres

Last Sold May 28, 2021

Last sale price $511,990

Est. 55% increase in value since last sale

Current estimated payment $4,935/month

Highlights

  • Home Theater
  • Gated Community
  • Community Lake
  • Coal Mountain Elementary School Rated A
  • Lake View
  • Dining Room Seats More Than Twelve

About This Home

As of May 2021

Charleston Plan Lot 214 5BR/4BA Enjoy your morning coffee from your deck off the master bedroom suite overlooking Sierra Lake! MAGNIFICENT FLOOR PLAN! GREAT FOR ENTERTAINING! COFFERED CEILINGS! CHEF KITCHEN w/SS DOUBLE Ovens, Huge ISLAND, Breakfast Room & Large Walk-in Pantry. MUD ROOM! Master Retreat w/Spa-like Bath & large Walk-in Closet. J&J Bath, 4th Bdrm w/Full Bath, SPACIOUS STEP-UP MEDIA. 3 sides brick 3 car garage home. This plan has something for everyone! GATED COMMUNITY LOCATED 2 miles from 400. The neighborhood amenities include resort style P und,15 acre lake, soccer fields & Walking Trails.(File photos) Under construction $5000 in closing costs with our preferred lender Arch Capital on a qualifying loan.

Last Agent to Sell the Property

Katherine Destefani

NOT A VALID MEMBER License #363064 Listed on: 11/22/2020

Co-Listed By

Stephanie Cates

Park Place Brokers License #176953

Last Buyer's Agent

Sam Oyus

NOT A VALID MEMBER License #265306

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 2021

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 90x130x127x90
  • Property fronts a private road
  • Corner Lot

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Home to be built
  • Traditional Architecture
  • Composition Roof
  • Cement Siding
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet on the lower level
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Home Theater
  • Lake Views

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • 110 Volts

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 214 / A
  • Assessor Parcel Number 190 208

Community Details

Overview

  • Sierra Lake Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,200

Year Built

Built in 2021

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: To Be Built
  • Year Built: 2021
  • Levels Stories: Two
  • Special Features: NewHome

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Double Oven, Microwave
  • Interior Amenities: Entrance Foyer 2 Story, High Ceilings 9 ft Lower, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Walk-In Closet(s)
  • Kitchen Features: Kitchen Island, Pantry Walk-In
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Media Room
  • Dining Room Features: Seats 12+
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick 3 Sides, Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Covered, Deck
  • Exterior Features: Balcony
  • View: Lake

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Reserve Fund, Swim/Tennis
  • Community Features: Clubhouse, Gated, Homeowners Assoc, Lake, Near Schools, Near Shopping, Playground, Pool, Sidewalks
  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: Sierra Lake

Schools

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

Lot Info

  • Acres: 0.3470
  • Lot: 214
  • Land/Lot: 610
  • Section G M D: 1
  • Plat Book: 180
  • Plat Page: 1-40
  • Lot Features: Corner Lot
  • Lot Dimensions: 90X130X127X90
  • Parcel Number: 190 208
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows
  • Green Energy Generation: None

Tax Info

  • Taxes: 1200.00
  • Assessor Parcel Number: 190-000-208
  • Close Date: 2021-05-28
  • 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 22, 2020
Closed on
May 28, 2021
Sold by
Almont Homes Ne Inc
Bought by
Abiyere Lucas
Seller's Agent
Katherine Destefani
NOT A VALID MEMBER
Buyer's Agent
Sam Oyus
NOT A VALID MEMBER
List Price
$505,990
Sold Price
$511,990
Premium/Discount to List
$6,000
1.19%
Current Estimated Value
$795,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,744
Avg. Annual Appreciation
10.64%
Original Mortgage
$486,390
Outstanding Balance
$440,366
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$355,368

Purchase Details

Closed on
May 11, 2020
Sold by
Pitkin Investments Inc
Bought by
Almont Homes Ne Inc
Source: Public Records

Range of Values:

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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
Abiyere Lucas $511,990 --
Almont Homes Ne Inc $1,120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abiyere Lucas $486,390
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $511,990 0.0% --
12/12/2020 12/12/20 Pending -- -- --
12/01/2020 12/01/20 Price Changed $511,990 +1.2% --
11/22/2020 11/22/20 For Sale $505,990 -- --
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 $7,189 $309,576 $56,000 $253,576
2024 $7,189 $293,180 $54,000 $239,180
2023 $5,687 $231,056 $40,000 $191,056
2022 $5,449 $30,000 $30,000 $0
2021 $828 $30,000 $30,000 $0
2020 $773 $28,000 $28,000 $0
2019 $774 $28,000 $28,000 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Katherine Destefani

    NOT A VALID MEMBER

    Section Image
  • Stephanie Cates

    Seller Co-Listing Agent in 2021

    Stephanie Cates

    Park Place Brokers

    (770) 378-5754

    47 Total Sales

    Stephanie Cates
    Section Image

  • S

    Buyer's Agent in 2021

    Sam Oyus

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6811828

First Multiple Listing Service (FMLS)

APN: 190-208

Georgia Forsyth County Cumming 30040

4005 Mandolina Way, Cumming, GA

This home is located at 4005 Mandolina Way, Cumming, GA 30040 since 22 November 2020 and is currently estimated at $795,734. This property was built in 2021. 4005 Mandolina Way is a home located in Forsyth County with nearby schools including Coal Mountain Elementary School, North Forsyth Middle School, and North Forsyth High School.

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