NOT LISTED FOR SALE

405 Somerton Place Cumming, GA 30040

Estimated Value: $379,000 - $415,000

2 Beds
2 Baths
1,510 Sq Ft
2,178 Sq Ft Lot

Last Sold August 25, 2021

Last sale price $329,000 $218 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,274/month

13 Days on Market

Highlights

  • Fitness Center
  • No Units Above
  • Clubhouse
  • Otwell Middle School Rated A
  • Craftsman Architecture
  • Sun or Florida Room

About This Home

As of August 2021

Peaceful surroundings in the heart of Cumming at Newbury Village condo neighborhood. Prime lot located across from amenities center. Pool, Tennis, Clubhouse. Neighborhood association provides for lawn and exterior care. Sidewalk community. One level home with bright cheerful interior. Plantation shutters, private courtyard, eat in kitchen with ample storage. Vaulted ceilings, step in shower, full sized laundry room. Gas logs in cozy fireplace. Garage with additional storage area. Delightful sunroom off living room adds an area for hobbies, music library, or office. Beautifully landscaped lawns. Please take a tour of this home soon.

Last Agent to Sell the Property

Laura Seagraves

MarketWise, LLC License #170399 Listed on: 07/01/2021

Last Buyer's Agent

DONALD SILVERBERG

Dalton Wade, Inc. License #322023

Dalton Wade, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $653

Year Built

  • Built in 2003

Lot Details

  • Property fronts a county road
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Private Entrance
  • Privacy Fence
  • Wood Fence
  • Landscaped
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Garden Home
  • Cluster Home
  • Slab Foundation
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,510 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Gas Log Fireplace
  • Insulated Windows
  • Plantation Shutters
  • Family Room with Fireplace
  • Sun or Florida Room
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Electric Range
  • Dishwasher
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Grip-Accessible Features
  • Accessible Entrance

Outdoor Features

  • Courtyard
  • Patio

Schools

  • Cumming Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number C01 047

Community Details

Overview

  • Property has a Home Owners Association
  • 104 Units
  • Newbury Village Subdivision
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$653

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Cluster Home, Craftsman, Garden (1 Level)
  • Property Condition: Resale
  • Year Built: 2003
  • Accessibility Features: Accessible Entrance, Grip-Accessible Features
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Family Room, Gas Log
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Gas Oven, Refrigerator, Washer
  • Interior Amenities: High Ceilings 9 ft Main
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Additional Rooms: Sun Room
  • Square Footage: 1510.00
  • Spa Features: None
  • Window Features: Insulated Windows, Plantation Shutters

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main
  • Main Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Shower Only

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Fencing: Privacy, Wood
  • Patio And Porch Features: Patio
  • Exterior Features: Courtyard, Private Front Entry
  • Foundation: Slab

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Fitness Center, Homeowners Assoc, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Master Association Fee: 250
  • Master Association Fee Frequency: Monthly
  • Association: Yes
  • Subdivision Complex: Newbury Village

Association/Amenities

  • Number Of Units In Community: 104

Schools

  • Elementary School: Cumming
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Acres: 0.0500
  • Land/Lot: 1104
  • Section G M D: 1
  • Deed Book: 2990
  • Deed Page: 97
  • Lot Features: Corner Lot, Landscaped, Level
  • Lot Dimensions: 39x64x37x62
  • Parcel Number: C01 047
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 653.00
  • Assessor Parcel Number: C01-000-047
  • Close Date: 2021-08-25
  • Tax Year: 2020

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Cumming
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2022
Sold by
Smith Dennis O
Bought by
Dennis Oliver Smith Living Trust
Current Estimated Value
$403,795

Purchase Details

Listed on
Jul 1, 2021
Closed on
Aug 25, 2021
Sold by
Smith Dennis O
Bought by
Smith Dennis O and Standerfer Caroline Elyse
Seller's Agent
Laura Seagraves
MarketWise, LLC
Buyer's Agent
DONALD SILVERBERG
Dalton Wade, Inc.
List Price
$335,000
Sold Price
$329,000
Premium/Discount to List
-$6,000
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$189,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 11, 2018
Closed on
Nov 5, 2018
Sold by
Moran Kevin J
Bought by
Muller Mary
Seller's Agent
BILL BROWN
Bill Brown Real Estate
Buyer's Agent
Dianne C Richardson
HomeSmart
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.88%
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
Dennis Oliver Smith Living Trust -- --
Smith Dennis O -- --
Phillips Jeffrey O $329,000 --
Muller Mary $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips Jeffrey O $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold $329,000 -1.8% $218 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $335,000 +39.6% $222 / Sq Ft
11/05/2018 11/05/18 Sold $240,000 -2.0% $159 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
08/11/2018 08/11/18 For Sale $245,000 -- $162 / 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
2024 $755 $146,508 $58,000 $88,508
2023 $645 $143,484 $44,000 $99,484
2022 $747 $99,452 $32,000 $67,452
2021 $653 $99,452 $32,000 $67,452
2020 $653 $98,940 $32,000 $66,940
2019 $651 $92,988 $20,000 $72,988
2018 $503 $88,516 $20,000 $68,516
2017 $510 $87,324 $20,000 $67,324
2016 $484 $69,284 $20,000 $49,284
2015 $484 $69,284 $20,000 $49,284
2014 $402 $59,652 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laura Seagraves

    Seller's Agent in 2021

    Laura Seagraves

    MarketWise, LLC

    (404) 740-1763

    1 in this area

    48 Total Sales

    Section Image
  • DONALD SILVERBERG

    Buyer's Agent in 2021

    DONALD SILVERBERG

    Dalton Wade, Inc.

    (678) 262-6686

    1 in this area

    4 Total Sales

    Section Image
  • BILL BROWN

    Seller's Agent in 2018

    BILL BROWN

    Bill Brown Real Estate

    (770) 653-5638

    1 in this area

    9 Total Sales

    Section Image

  • D

    Buyer's Agent in 2018

    Dianne C Richardson

    HomeSmart

    (404) 272-2522

    18 Total Sales

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6909298

First Multiple Listing Service (FMLS)

APN: C01-047

Georgia Forsyth County Cumming 30040

405 Somerton Place, Cumming, GA

This home is located at 405 Somerton Place, Cumming, GA 30040 since 01 July 2021 and is currently estimated at $399,066, approximately $264 per square foot. This property was built in 2003. 405 Somerton Place is a home located in Forsyth County with nearby schools including Cumming Elementary School, Otwell Middle School, and Forsyth Central High School.

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