NOT LISTED FOR SALE

4855 Leatherstone Way Cumming, GA 30028

Estimated Value: $551,000 - $575,000

5 Beds
3 Baths
3,028 Sq Ft
$185/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $550,000 $182 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,453/month

4 Days on Market

Highlights

  • Fitness Center
  • Craftsman Architecture
  • Clubhouse
  • Silver City Elementary School Rated A
  • Community Lake
  • Deck

About This Home

As of September 2023

Welcome to Settlers Lake! This spacious corner lot is a rare find that you don't want to miss. When you enter this home you will be greeted with a 2-story open foyer that leads into the living room. There is a separate dining room in the front of the home, an eat in kitchen area, main floor laundry room and main floor full bedroom and bathroom. The beautiful kitchen has an oversized island, walk in pantry and leads out to the screened back porch and deck with a full fenced in backyard. Upstairs you will find 2 secondary bedrooms and a large bonus bedroom with a full bathroom. At the end of the hallway you will find the primary suite with large primary bathroom and walk in closet. This community has resort-like amenities including a clubhouse, workout facility, swimming pool, playground, tennis, and a shared dock on the beautiful community lake. Being just minutes to GA400, shopping and the North GA Outlets, this home is in a prime location. Schedule your showing today!

Last Agent to Sell the Property

Joe Vonderschmidt

Century 21 Results License #377113 Listed on: 08/24/2023

Century 21 Results

Co-Listed By

Christina Moore

Century 21 Results License #351234

Last Buyer's Agent

Itzel Wiley

Century 21 Results License #419922

Century 21 Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,536

Year Built

  • Built in 2014

Lot Details

  • 9,583 Sq Ft Lot
  • Back Yard Fenced
  • Corner Lot

Parking

  • Garage

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 3,028 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Low Flow Plumbing Fixtures

Outdoor Features

  • Deck
  • Patio

Schools

  • Silver City Elementary School
  • North Forsyth Middle School
  • North Forsyth High School

Utilities

  • Zoned Heating and Cooling
  • Heating Available
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 283

Community Details

Overview

  • Property has a Home Owners Association
  • Settlers Lake Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,536

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 14
  • Section: 1
  • Year Built: 2014
  • ArchitecturalStyle: Contemporary, Craftsman
  • Co List Office: RESU01
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .22
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 3028
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Microwave
  • Bedrooms: 5
  • Basement: None
  • Total Finished Sq Ft: 3028
  • Above Grade Finished Sq Ft: 3028
  • Interior Amenities: High Ceilings, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Fireplace Features: Family Room, Factory Built, Gas Starter, Gas Log
  • Flooring: Hardwood
  • Kitchen Features: Breakfast Area, Breakfast Bar, Kitchen Island, Pantry, Solid Surface Counters, Walk-in Pantry
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 181.638

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Bedroom Main Level: 1

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Concrete
  • Fencing: Back Yard
  • Lot Features: Corner Lot
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Electric
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Utilities: High Speed Internet, None
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Lake, Park, Fitness Center, Playground, Pool, Sidewalks, Tennis Court(s)

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Silver City
  • High School: North Forsyth
  • High School Bus: Yes
  • Middle School: North Forsyth
  • Middle School Bus: Yes
  • Elementary School: Silver City
  • Middle School: North Forsyth
  • High School: North Forsyth

Lot Info

  • Land Lot: 414
  • Lot: 283
  • Plat Book: 148
  • Plat Page: 66-74

Green Features

  • GreenWaterConservation: Low-Flow Fixtures

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3536

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Sep 14, 2023
Sold by
Mersberger Nathan and Mersberger Caroline
Bought by
Burton Michael Eugene
Seller's Agent
Joe Vonderschmidt
Century 21 Results
Buyer's Agent
Itzel Wiley
Century 21 Results
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Views
27
Current Estimated Value
$560,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,763
Avg. Annual Appreciation
0.62%
Original Mortgage
$440,000
Outstanding Balance
$432,637
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$124,092

Purchase Details

Listed on
Jan 5, 2018
Closed on
Mar 20, 2018
Sold by
Mersberger Nathan
Bought by
Mersberger Nathan and Mersberger Caroline
Seller's Agent
ANNMARIE SHARP
SharpVantage Realty
Buyer's Agent
Amy Gianfala
Southern Classic Realtors
List Price
$290,000
Sold Price
$285,000
Premium/Discount to List
-$5,000
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%
Original Mortgage
$279,837
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 13, 2015
Closed on
Apr 30, 2015
Sold by
Dr Horton Inc
Bought by
Calo-Good Ricardo Luis and Good Kelsie Siobhan
Seller's Agent
Robert Shepherd
Century 21 Results
Buyer's Agent
Erin Keeble
Atlanta Communities
List Price
$273,951
Sold Price
$265,154
Premium/Discount to List
-$8,797
-3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.58%
Original Mortgage
$238,337
Interest Rate
3.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Burton Michael Eugene $550,000 None Listed On Document
Mersberger Nathan -- --
Calo-Good Ricardo Luis $265,154 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burton Michael Eugene $440,000
Previous Owner Mersberger Nathan $271,600
Previous Owner Mersberger Nathan $279,837
Previous Owner Calo-Good Ricardo Luis $238,337
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $550,000 -4.3% $182 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $575,000 +101.8% $190 / Sq Ft
02/27/2018 02/27/18 Sold $285,000 -1.7% $94 / Sq Ft
01/25/2018 01/25/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $290,000 +9.4% $96 / Sq Ft
04/30/2015 04/30/15 Sold $265,154 -1.4% $91 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
01/23/2015 01/23/15 Price Changed $268,985 -1.8% $93 / Sq Ft
01/13/2015 01/13/15 For Sale $273,951 -- $94 / 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 $4,774 $202,716 $52,000 $150,716
2023 $3,602 $187,872 $36,000 $151,872
2022 $3,536 $125,104 $20,000 $105,104
2021 $3,267 $125,104 $20,000 $105,104
2020 $3,148 $119,356 $20,000 $99,356
2019 $3,042 $114,000 $18,440 $95,560
2018 $3,072 $111,088 $18,000 $93,088
2017 $2,847 $102,580 $18,000 $84,580
2016 $2,847 $102,580 $18,000 $84,580
2015 $1,799 $64,720 $18,000 $46,720
Source: Public Records

Agents Affiliated with this Home

  • Joe Vonderschmidt

    Seller's Agent in 2023

    Joe Vonderschmidt

    Century 21 Results

    (678) 539-6517

    346 Total Sales

    Joe Vonderschmidt
    Section Image
  • Christina Moore

    Seller Co-Listing Agent in 2023

    Christina Moore

    Century 21 Results

    (678) 522-5108

    69 Total Sales

    Christina Moore
    Section Image
  • Itzel Wiley

    Buyer's Agent in 2023

    Itzel Wiley

    Century 21 Results

    (214) 797-1096

    24 Total Sales

    Itzel Wiley
    Section Image
  • ANNMARIE SHARP

    Seller's Agent in 2018

    ANNMARIE SHARP

    SharpVantage Realty

    (770) 733-7305

    164 Total Sales

    ANNMARIE SHARP
    Section Image
  • Amy Gianfala

    Buyer's Agent in 2018

    Amy Gianfala

    Southern Classic Realtors

    (404) 483-7588

    21 Total Sales

    Amy Gianfala
    Section Image
  • Robert Shepherd

    Seller's Agent in 2015

    Robert Shepherd

    Century 21 Results

    (404) 202-2884

    16 Total Sales

    Robert Shepherd
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10195620

Georgia MLS

APN: 233-496

Georgia Forsyth County Cumming 30028

4855 Leatherstone Way, Cumming, GA

This home is located at 4855 Leatherstone Way, Cumming, GA 30028 since 24 August 2023 and is currently estimated at $560,763, approximately $185 per square foot. This property was built in 2014. 4855 Leatherstone Way is a home located in Forsyth County with nearby schools including Silver City Elementary School, North Forsyth Middle School, and North Forsyth High School.

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