NOT LISTED FOR SALE

4240 Ridgebrook Bend Cumming, GA 30028

Estimated Value: $439,000 - $493,000

4 Beds
2.5 Baths
2,212 Sq Ft
$209/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $400,000 $181 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,898/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Stainless Steel Appliances
  • Poole's Mill Elementary School Rated A
  • 1 Fireplace
  • Walk-In Closet

About This Home

As of February 2022

Exquisite home in Ridgebrook Subdivision. Perfect for entertaining and everyday living with a beautiful kitchen and lots of cabinets, counter space and stainless-steel appliances that overlooks the cozy fireside family room, separate formal living room and dining room, master suite with large walk-in closet, huge fully fenced backyard, and an attached two-car garage. This breathtaking home is located in this highly regarded neighborhood and in top-ranked schools. Don't Miss Out on this Amazing Opportunity to Own this Stunning Home!

Last Agent to Sell the Property

Basil Malouf

eXp Realty License #314415 Listed on: 01/24/2022

eXp Realty

Co-Listed By

Malina Malouf

eXp Realty License #396238

Last Buyer's Agent

Victoria Champion

Hester & Associates License #405096

Hester & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,522

Year Built

  • Built in 1997

Lot Details

  • 0.62 Acre Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,212 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Laundry on upper level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Schools

  • Matt Elementary School
  • Liberty Middle School
  • West Forsyth High School

Utilities

  • Central Air
  • Septic Tank

Community Details

  • $50 Initiation Fee
  • Association fees include management fee
  • Ridgebrook Subdivision

Listing and Financial Details

  • Tax Lot 56

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,522

Year Built

Built in 1997

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • District: 3RD
  • Section: 1ST
  • Year Built: 1997
  • ArchitecturalStyle: Traditional
  • Main Level Half Bathrooms: 1
  • Co List Office: EXPR01
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .62
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2212
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 4
  • Basement: None
  • Total Finished Sq Ft: 2212
  • Above Grade Finished Sq Ft: 2212
  • Interior Amenities: Other, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Hardwood, Carpet
  • Price Per Square Foot: 171.790

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Other
  • Lot Features: Other
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Other
  • Laundry Features: Upper Level
  • Sewer: Septic Tank
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 300
  • Association: Yes
  • Community Features: None

Fee Information

  • Initiation Fee: 50
  • Association Fee Includes: Management Fee

Schools

  • Elementary School: Matt
  • High School: West Forsyth
  • Middle School: Liberty
  • Elementary School: Matt
  • Middle School: Liberty
  • High School: West Forsyth

Lot Info

  • Land Lot: 593
  • Lot: 56
  • Plat Book: 49
  • Plat Page: 48-51

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2522

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Jul 29, 2016
Sold by
Christine
Bought by
Matthews Alexandra
Seller's Agent
Jacki Gould
RE/MAX Around Atlanta Realty
Buyer's Agent
Basil Malouf
EXP Realty, LLC.
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$462,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,908
Avg. Annual Appreciation
9.06%
Original Mortgage
$202,991
Outstanding Balance
$165,488
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$293,763

Purchase Details

Listed on
Sep 21, 2015
Closed on
Nov 30, 2015
Sold by
Lowrey Deloris G
Bought by
Nichols Christine and Nichols Robert
Seller's Agent
Gregory Willis
Keller Williams Community Partners
Buyer's Agent
Jacqueline Gould
RE/MAX Around Atlanta Realty
List Price
$200,000
Sold Price
$197,000
Premium/Discount to List
-$3,000
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
Original Mortgage
$193,431
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 24, 2010
Sold by
Lowery Deloris G and Lowery Don K
Bought by
Lowrey Deloris G and Lowrey Don K

Purchase Details

Closed on
May 12, 2006
Sold by
Peymax Props Inc
Bought by
Lowery Deloris G and Lowery Don K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,711
Interest Rate
6.39%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 2005
Sold by
Lankford Diane L
Bought by
Peymax Props Inc

Purchase Details

Closed on
Mar 11, 2002
Sold by
Lankford Leslie M
Bought by
Lankford Diane L

Purchase Details

Closed on
Jun 26, 1997
Sold by
Colony Homes
Bought by
Lankford Leslie M and Lankford Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,100
Interest Rate
7.87%
Mortgage Type
New Conventional
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
Matthews Alexandra $210,000 --
Nichols Christine $197,000 --
Lowrey Deloris G -- --
Lowery Deloris G $181,000 --
Peymax Props Inc $60,000 --
Lankford Diane L -- --
Lankford Leslie M $121,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthews Alexandra $202,991
Previous Owner Nichols Christine $193,431
Previous Owner Lowery Deloris G $177,711
Previous Owner Lankford Leslie M $118,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $400,000 +5.3% $181 / Sq Ft
01/24/2022 01/24/22 For Sale $380,000 +81.0% $172 / Sq Ft
01/22/2022 01/22/22 Pending -- -- --
07/29/2016 07/29/16 Sold $210,000 0.0% $95 / Sq Ft
06/19/2016 06/19/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $210,000 +6.6% $95 / Sq Ft
11/30/2015 11/30/15 Sold $197,000 -1.5% $89 / Sq Ft
10/29/2015 10/29/15 Pending -- -- --
09/21/2015 09/21/15 For Sale $200,000 -- $90 / 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
2024 $3,793 $176,408 $46,000 $130,408
2023 $3,077 $156,332 $38,000 $118,332
2022 $2,660 $103,228 $28,000 $75,228
2021 $2,522 $103,228 $28,000 $75,228
2020 $2,245 $89,804 $22,000 $67,804
2019 $2,238 $89,296 $22,000 $67,296
2018 $2,159 $85,072 $22,000 $63,072
2017 $2,027 $78,452 $18,000 $60,452
2016 $1,915 $69,004 $14,000 $55,004
2015 $1,802 $69,004 $14,000 $55,004
2014 $1,257 $50,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20014104

Georgia MLS

APN: 096-187