NOT LISTED FOR SALE

4050 New Salem Ct Cumming, GA 30040

Estimated Value: $418,000 - $460,000

4 Beds
3 Baths
2,086 Sq Ft
$212/Sq Ft Est. Value

Last Sold September 11, 2015

Last sale price $212,500 $102 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,632/month

26 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Community Playground
  • Coal Mountain Elementary School Rated A
  • Double Pane Windows
  • Programmable Thermostat

About This Home

As of September 2015

Details abound in this gracious home. Hardwoods through out main level. New carpet on upper level, fresh paint, whole yard year old sod. Exceptional finished area under stairs is a must see. Outstanding master suite with garden tub, double sinks and massive closet. Flowing floor plan with extra finishes add to the home. Huge private fenced back yard with fire pit & covered patio w/fan! Over-sized closets throughout give tons of storage. Meticulously maintained. Fabulous sought after neighborhood with swim/tennis & great schools. Easy access to 400.

Last Agent to Sell the Property

Kelly Thrash

Atlanta Fine Homes - Sotheby's Int'l License #350295 Listed on: 06/26/2015

Atlanta Fine Homes - Sotheby's Int'l

Last Buyer's Agent

Becky Danyo

Atlanta Fine Homes - Sotheby's Int'l License #347459

Atlanta Fine Homes - Sotheby's Int'l

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,306

Year Built

  • 2005

Lot Details

  • 0.43

Home Design

  • Slab Foundation

Interior Spaces

  • 2,086 Sq Ft Home
  • Double Pane Windows
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Schools

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

Utilities

  • Programmable Thermostat
  • Underground Utilities
  • Gas Water Heater

Community Details

Recreation

  • Community Playground
  • Community Pool

Additional Features

  • Property has a Home Owners Association
  • Clubhouse

Property Details

Home Type

Other

Est. Annual Taxes

$3,306

Year Built

2005

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 2005

Interior Features

  • Fireplace(s): 1, Factory Built
  • Basement: Slab/None
  • Equipment: Smoke/Fire Alarm
  • Kitchen Equipment: Dishwasher, Garbage Disposal, Built-In Microwave, Refrigerator
  • Interior Amenities: Cable In Street, Garden Tub, Gas Logs, Hardwood Floors, Separate Shower, Walk-in Closet
  • Laundry Type: Room
  • Kitchen / Breakfast: Breakfast Bar, Pantry
  • Above Grade Finished Sq Ft: 2086

Exterior Features

  • Construction: Brick/Frame
  • Exterior Features: Fenced Yard
  • Roof Type: Composition
  • Waterfront Frontage: 0

Garage/Parking

  • Parking: 2 Car, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Zoned/Dual
  • Heating Fuel: Gas
  • Heating: Zoned/Dual
  • Energy Features: Double Pane/Thermo, Programmable Thermostat, Gas Water Heater
  • Water/Sewer: Public Water, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 480
  • HOA Fee Frequency: Annual

Association/Amenities

  • Amenities: Clubhouse, Neighborhood Association, Playground, Pool, Underground Utilities

Schools

  • Elementary School: Coal Mountain / Forsyth / Forsyth County, GA
  • Elementary Bus Line: No
  • High School: North Forsyth / Forsyth / Forsyth County, GA
  • High School Bus: No
  • Middle School: North Forsyth / Forsyth / Forsyth County, GA
  • Middle School Bus: No

Lot Info

  • Lot Description: Cul De Sac, Level Lot
  • Lot Size: 1/3 - 1/2 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2015
Closed on
Sep 11, 2015
Sold by
Coursey Robert
Bought by
Lowell Robert D
Seller's Agent
Kelly Thrash
Atlanta Fine Homes - Sotheby's Int'l
Buyer's Agent
Becky Danyo
Atlanta Fine Homes - Sotheby's Int'l
List Price
$218,800
Sold Price
$212,500
Premium/Discount to List
-$6,300
-2.88%
Current Estimated Value
$442,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,134
Avg. Annual Appreciation
7.55%
Original Mortgage
$216,836
Outstanding Balance
$170,659
Interest Rate
3.97%
Mortgage Type
Commercial
Estimated Equity
$271,975

Purchase Details

Closed on
Apr 24, 2015
Sold by
Garrish Dana Marie
Bought by
Coursey Robert Kenneth and Coursey Dana Marie

Purchase Details

Closed on
Dec 4, 2008
Sold by
Toy Robert and Toy Melody
Bought by
Garrish Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,223
Interest Rate
6.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lowell Robert D $212,500 --
Coursey Robert Kenneth -- --
Coursey Robert Kenneth -- --
Garrish Dana $162,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowell Robert D $216,836
Previous Owner Garrish Dana $166,223
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2015 09/11/15 Sold $212,500 -2.9% $102 / Sq Ft
07/23/2015 07/23/15 Pending -- -- --
06/26/2015 06/26/15 For Sale $218,800 -- $105 / 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 $3,306 $163,948 $54,000 $109,948
2024 $3,306 $166,760 $54,000 $112,760
2023 $2,597 $146,484 $40,000 $106,484
2022 $2,668 $95,940 $20,000 $75,940
2021 $2,390 $95,940 $20,000 $75,940
2020 $2,230 $88,232 $20,000 $68,232
2019 $2,226 $87,844 $20,000 $67,844
2018 $2,134 $83,056 $18,000 $65,056
2017 $2,030 $77,780 $18,000 $59,780
2016 $1,900 $71,620 $17,200 $54,420
2015 $1,911 $68,744 $15,200 $53,544
2014 -- $62,024 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelly Thrash

    Seller's Agent in 2015

    Kelly Thrash

    Atlanta Fine Homes - Sotheby's Int'l

    (678) 232-5500

    55 Total Sales

    Kelly Thrash
    Section Image
  • Becky Danyo

    Buyer's Agent in 2015

    Becky Danyo

    Atlanta Fine Homes - Sotheby's Int'l

    (678) 873-0842

    12 Total Sales

    Becky Danyo
    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 07479200

Georgia MLS

APN: 217-197

Georgia Forsyth County Cumming 30040

4050 New Salem Ct, Cumming, GA

This home is located at 4050 New Salem Ct, Cumming, GA 30040 since 26 June 2015 and is currently estimated at $442,634, approximately $212 per square foot. This property was built in 2005. 4050 New Salem Ct is a home located in Forsyth County with nearby schools including Coal Mountain Elementary School, North Forsyth Middle School, and North Forsyth High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.

Nearby Homes