NOT LISTED FOR SALE

4265 Fourth Rail Ln Cumming, GA 30040

Estimated Value: $443,000 - $494,000

4 Beds
2.5 Baths
2,287 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 19, 2020

Last sale price $285,000 $125 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,874/month

Highlights

  • Fitness Center
  • Clubhouse
  • Traditional Architecture
  • Coal Mountain Elementary School Rated A
  • Oversized primary bedroom
  • Wood Flooring

About This Home

As of August 2020

Beautiful, well maintained and very clean home in North Forsyth. 4 bed, 2 1/2 bath, hardwoods throughout entire home, privacy fence, gas fireplace with beautiful glass stones instead of logs, kitchen has granite counter tops, tons of cabinet/counter space, island w/ extra storage and a place for bar stools, eat in kitchen area with separate dining room. All appliances have been replaced within the last 5 years, including the hot water heater. The roof and BOTH HVAC units were replaced within the past two years. This home is ABSOLUTELY BEAUTIFUL and is a MUST SEE.

Last Agent to Sell the Property

Shannon Spry

HomeSmart License #386137 Listed on: 07/14/2020

HomeSmart

Last Buyer's Agent

Danilo Silva

Drake Realty of GA, Inc. License #360609

Drake Realty of GA, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,272

Year Built

  • Built in 2007

Lot Details

  • 5,663 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Private Yard
  • Back Yard

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Frame Construction
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 2,287 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Oversized primary bedroom
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 217 293

Community Details

Overview

  • Bridgetowne Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,272

Year Built

Built in 2007

Lot Details

0

HOA Fees

$38 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: 2007
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Gas Starter, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Gas Range, Gas Oven, Microwave, Washer
  • Interior Amenities: Entrance Foyer, Walk-In Closet(s)
  • Kitchen Features: Eat-in Kitchen, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2287.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Oversized Master
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate Tub/Shower

Exterior Features

  • Construction Materials: Cement Siding, Frame, Stone
  • Exterior Features: Private Yard

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Upper Floor
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Homeowners Assoc, Fitness Center, Playground, Pool, Tennis Court(s), Near Schools, Near Shopping
  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Bridgetowne

Schools

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

Lot Info

  • Acres: 0.1300
  • Plat Book: 7829
  • Plat Page: 255
  • Lot Features: Back Yard, Level, Landscaped
  • Lot Dimensions: 5663
  • Parcel Number: 217 293
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2272.00
  • Assessor Parcel Number: 217-000-293
  • Close Date: 2020-08-19
  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2022
Sold by
Vasudevan Kadambi
Bought by
Ridgefair Llc
Current Estimated Value
$467,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Outstanding Balance
$310,816
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$156,558

Purchase Details

Listed on
Jul 14, 2020
Closed on
Aug 19, 2020
Sold by
Philo Terri
Bought by
Fravel Shana Lynn
Seller's Agent
Shannon Spry
HomeSmart
Buyer's Agent
Danilo Silva
Drake Realty of GA, Inc.
List Price
$289,900
Sold Price
$285,000
Premium/Discount to List
-$4,900
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%
Original Mortgage
$270,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2010
Sold by
Federal Natl Mtg Assn Fnma
Bought by
Philo Terri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,006
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal Natl Mtg Assn Fnma
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
Ridgefair Llc -- Kim Jin H
Kadambi Vasudevan $435,000 Kim Firm Llc
Ridgefair Llc -- Kim Jin H
Fravel Shana Lynn $285,000 --
Philo Terri -- --
Federal Natl Mtg Assn Fnma -- --
Bac Home Loans Servicing Lp $165,929 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ridgefair Llc $326,250
Previous Owner Fravel Shana Lynn $270,750
Previous Owner Philo Terri $148,006
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2020 08/19/20 Sold $285,000 -1.7% $125 / Sq Ft
08/10/2020 08/10/20 For Sale $289,900 0.0% $127 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $289,900 -- $127 / 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
2025 $4,294 $172,108 $54,000 $118,108
2024 $4,294 $175,120 $54,000 $121,120
2023 $3,803 $154,520 $40,000 $114,520
2022 $2,937 $101,684 $20,000 $81,684
2021 $2,644 $101,684 $20,000 $81,684
2020 $2,294 $91,176 $20,000 $71,176
2019 $2,272 $89,948 $20,000 $69,948
2018 $2,206 $86,360 $18,000 $68,360
2017 $2,083 $80,152 $18,000 $62,152
2016 $1,949 $73,792 $17,200 $56,592
2015 $1,908 $71,792 $15,200 $56,592
2014 $1,545 $61,644 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shannon Spry

    Seller's Agent in 2020

    Shannon Spry

    HomeSmart

    (706) 974-8450

    95 Total Sales

    Shannon Spry
    Section Image
  • Danilo Silva

    Buyer's Agent in 2020

    Danilo Silva

    Drake Realty of GA, Inc.

    (404) 695-4109

    46 Total Sales

    Danilo Silva
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6751919

First Multiple Listing Service (FMLS)

APN: 217-293

Georgia Forsyth County Cumming 30040

4265 Fourth Rail Ln, Cumming, GA

This home is located at 4265 Fourth Rail Ln, Cumming, GA 30040 since 14 July 2020 and is currently estimated at $467,374, approximately $204 per square foot. This property was built in 2007. 4265 Fourth Rail Ln 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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