NOT LISTED FOR SALE

4625 Fourth Rail Ln Cumming, GA 30040

Estimated Value: $431,000 - $450,000

3 Beds
2.5 Baths
2,220 Sq Ft
$197/Sq Ft Est. Value

Last Sold January 15, 2019

Last sale price $230,000 $104 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,848/month

79 Days on Market

Highlights

  • Wood Flooring
  • Community Pool
  • Den
  • Coal Mountain Elementary School Rated A
  • Tennis Courts
  • Formal Dining Room

About This Home

As of January 2019

Built in 2010, this Cumming two-story offers granite kitchen countertops, hardwood flooring, a gas fireplace, and a two-car garage. A community pool, playground, and tennis courts are part of the HOA. Home comes with a 30-day buyback guarantee. Terms and conditions apply.

Last Agent to Sell the Property

Taylor Bobak

Virtual Properties Realty. Biz License #381781 Listed on: 10/08/2018

Virtual Properties Realty. Biz

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,253

Year Built

  • Built in 2010

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 57x100x57x100
  • Level Lot

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Composition Roof

Interior Spaces

  • 2,220 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Pull Down Stairs to Attic
  • Security System Owned
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 645
  • Assessor Parcel Number 217 431

Community Details

Overview

  • Bridgetowne Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,253

Year Built

Built in 2010

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
  • Property Condition: Resale
  • Year Built: 2010
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Gas Log, Gas Starter, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity, Walk-In Closet(s)
  • Common Walls: No Common Walls
  • Additional Rooms: Den
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2220.00

Beds/Baths

  • Total Bedrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Roof Type: Composition
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security System Owned
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room
  • Utilities: Electricity Available, Natural Gas Available

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Playground, Pool, Sidewalks, Tennis Court(s)
  • 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
  • Lot: 645
  • Land/Lot: 20
  • Section G M D: 1
  • Plat Book: 115
  • Plat Page: 103
  • Lot Features: Level
  • Lot Dimensions: 57x100x57x100
  • Parcel Number: 217 431
  • Property Attached Yn: No

Tax Info

  • Taxes: 2253.00
  • Assessor Parcel Number: 217-000-431
  • Close Date: 2019-01-15
  • Tax Year: 2017

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
Oct 8, 2018
Closed on
Jan 15, 2019
Sold by
Opendoor Property N Llc
Bought by
Ih6 Property Georgia Lp
Seller's Agent
Taylor Bobak
Virtual Properties Realty. Biz
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$246,000
Sold Price
$230,000
Premium/Discount to List
-$16,000
-6.5%
Total Days on Market
79
Current Estimated Value
$438,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,003
Avg. Annual Appreciation
10.59%

Purchase Details

Listed on
Aug 20, 2018
Closed on
Sep 28, 2018
Sold by
Needham Jimmy M
Bought by
Opendoor Property N Llc
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Michael Blackburn
NOT A VALID MEMBER
List Price
$265,000
Sold Price
$237,600
Premium/Discount to List
-$27,400
-10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.27%
Original Mortgage
$150,000,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2014
Sold by
Needham Trey N
Bought by
Needham Jimmy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,130
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2010
Sold by
Wilson Parker Homes Of Bridget
Bought by
Needham Trey N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2010
Sold by
Browns Bridge Crossing Dev Co
Bought by
Wilson Parker Hms Of Bridgetow

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$613,990
Interest Rate
5.16%
Source: Public Records

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Range of Values:

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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
Ih6 Property Georgia Lp $230,000 --
Opendoor Property N Llc $237,600 --
Needham Jimmy M $165,000 --
Needham Trey N $163,500 --
Wilson Parker Hms Of Bridgetow $228,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Opendoor Property N Llc $150,000,000
Previous Owner Needham Jimmy M $111,130
Previous Owner Needham Trey N $122,000
Previous Owner Wilson Parker Hms Of Bridgetow $613,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2019 01/15/19 Sold $230,000 -5.7% $104 / Sq Ft
12/26/2018 12/26/18 Pending -- -- --
12/13/2018 12/13/18 Price Changed $244,000 -0.8% $110 / Sq Ft
12/08/2018 12/08/18 For Sale $246,000 0.0% $111 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
11/15/2018 11/15/18 Price Changed $246,000 -0.4% $111 / Sq Ft
11/08/2018 11/08/18 Price Changed $247,000 -0.8% $111 / Sq Ft
11/01/2018 11/01/18 Price Changed $249,000 -0.4% $112 / Sq Ft
10/25/2018 10/25/18 Price Changed $250,000 -1.2% $113 / Sq Ft
10/18/2018 10/18/18 Price Changed $253,000 -1.2% $114 / Sq Ft
10/08/2018 10/08/18 For Sale $256,000 +7.7% $115 / Sq Ft
09/28/2018 09/28/18 Sold $237,600 -10.3% $107 / Sq Ft
09/07/2018 09/07/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $265,000 -- $119 / 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 $4,220 $169,664 $54,000 $115,664
2023 $3,726 $151,384 $40,000 $111,384
2022 $3,169 $99,376 $20,000 $79,376
2021 $2,744 $99,376 $20,000 $79,376
2020 $2,544 $92,112 $20,000 $72,112
2019 $2,513 $90,884 $20,000 $70,884
2018 $2,427 $87,776 $18,000 $69,776
2017 $2,253 $81,164 $18,000 $63,164
2016 $2,073 $74,684 $17,200 $57,484
2015 $2,021 $72,684 $15,200 $57,484
2014 $1,721 $64,992 $13,100 $51,892
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6079487

First Multiple Listing Service (FMLS)

APN: 217-431