NOT LISTED FOR SALE

4275 Fourth Rail Ln Cumming, GA 30040

Estimated Value: $470,000 - $489,131

4 Beds
2.5 Baths
2,907 Sq Ft
$166/Sq Ft Est. Value

Last Sold September 17, 2013

Last sale price $180,500 $62 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $2,862/month

Highlights

  • Sitting Area In Primary Bedroom
  • Dining Room Seats More Than Twelve
  • Traditional Architecture
  • Coal Mountain Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of September 2013

This is a great family home in immaculate condition! 4 bedrooms with 2.5 baths, Large master bath with master suite and sitting area. Cathedral ceilings, hardwood floors, and foyer. 2 Car Garage. Beautiful landscaping with fenced back yard. Kitchen has granite counter tops and gas stove. Close access to GA 400. Move in ready! Neighborhood offers swim and tennis.

Last Agent to Sell the Property

ELIZABETH VALENTINE

Hardeman Realty, Inc. License #282569 Listed on: 07/22/2013

Last Buyer's Agent

Robby Robinson

Robinson Real Estate License #295138

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,548

Year Built

  • Built in 2007

Lot Details

  • Fenced
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,907 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 10 feet on the main level
  • Family Room with Fireplace
  • Great Room
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Open to Family Room
  • Gas Range
  • Dishwasher
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Shower Only

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 698 / 2a
  • Assessor Parcel Number 4275FourthRailLN

Community Details

Overview

  • $500 Initiation Fee
  • Bridgetown Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,548

Year Built

Built in 2007

Lot Details

0

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
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Gas Water Heater
  • Interior Amenities: High Ceilings 10 ft Main, High Speed Internet
  • Kitchen Features: Breakfast Room, Cabinets Stain, Solid Surface Counters, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Great Room - 1 Story
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 2907.00

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Sitting Room
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Shower Only

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Heat Pump
  • Heating: Natural Gas
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Community Features: Pool, Tennis Court(s)
  • Master Association Fee: 480
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: BRIDGETOWN

Schools

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

Lot Info

  • Lot: 698
  • Land/Lot: 0021
  • Section G M D: 1
  • Deed Book: 5964
  • Deed Page: 0051
  • Plat Book: 109
  • Plat Page: 132
  • Lot Features: Level
  • Lot Dimensions: .13
  • Parcel Number: 4275FourthRailLN
  • Property Attached Yn: No

Rental Info

  • Initiation Fee: 500

Tax Info

  • Taxes: 1548.00
  • Close Date: 2013-09-17
  • Tax Year: 2012

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
Jul 22, 2013
Closed on
Sep 17, 2013
Sold by
Berner Shawn E
Bought by
Szatkowski Joshua
Seller's Agent
ELIZABETH VALENTINE
Hardeman Realty, Inc.
Buyer's Agent
Robby Robinson
Robinson Real Estate
List Price
$174,900
Sold Price
$180,500
Premium/Discount to List
$5,600
3.2%
Current Estimated Value
$482,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,533
Avg. Annual Appreciation
8.49%
Original Mortgage
$184,183
Outstanding Balance
$138,362
Interest Rate
4.57%
Mortgage Type
New Conventional
Estimated Equity
$343,671

Purchase Details

Closed on
May 13, 2011
Sold by
Berner Shawn E
Bought by
Berner Shawn E and Berner Maria I

Purchase Details

Closed on
Jan 28, 2011
Sold by
Gibbs Michael
Bought by
Berner Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,895
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 2010
Sold by
Hud & Housing Of Urban Dev
Bought by
Gibbs Michael

Purchase Details

Closed on
Jun 1, 2010
Sold by
Suntrust Mtg
Bought by
Hud & Housing Of Urban Dev

Purchase Details

Closed on
Oct 30, 2007
Sold by
Homelife Communities Of Northw
Bought by
Smith Ryan M and Smith Sarah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,850
Interest Rate
6.37%
Mortgage Type
FHA
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
Szatkowski Joshua $180,500 --
Berner Shawn E -- --
Berner Shawn $153,900 --
Gibbs Michael -- --
Hud & Housing Of Urban Dev -- --
Suntrust Mtg Inc $226,154 --
Smith Ryan M $221,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Szatkowski Joshua $184,183
Previous Owner Berner Shawn $139,895
Previous Owner Smith Ryan M $219,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2013 09/17/13 Sold $180,500 +3.2% $62 / Sq Ft
07/25/2013 07/25/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $174,900 -- $60 / 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 $3,669 $184,828 $54,000 $130,828
2024 $3,669 $188,160 $54,000 $134,160
2023 $2,973 $168,120 $40,000 $128,120
2022 $3,019 $111,324 $20,000 $91,324
2021 $2,702 $111,324 $20,000 $91,324
2020 $2,529 $102,976 $20,000 $82,976
2019 $2,504 $101,548 $20,000 $81,548
2018 $2,506 $101,000 $18,000 $83,000
2017 $2,360 $93,632 $18,000 $75,632
2016 $2,199 $86,032 $17,200 $68,832
2015 $2,161 $84,032 $15,200 $68,832
2014 $1,815 $72,196 $9,916 $62,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5175305

First Multiple Listing Service (FMLS)

APN: 217-292