NOT LISTED FOR SALE

4875 Fourth Rail Ln Cumming, GA 30040

Estimated Value: $571,000 - $586,481

6 Beds
4 Baths
3,454 Sq Ft
$167/Sq Ft Est. Value

Last Sold October 06, 2022

Last sale price $545,000 $158 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,698/month

6 Days on Market

Highlights

  • Fitness Center
  • Deck
  • Vaulted Ceiling
  • Coal Mountain Elementary School Rated A
  • Private Lot
  • Community Pool

About This Home

As of October 2022

LOCATION, LOCATION, LOCATION! Minutes to Hwy 400, shopping, Lake Lanier and Award Winning Schools!!! Extremely large and bright updated open floor plan home in the popular Bridgetowne neighborhood is very well maintained and move in ready! Hard to find 6 oversized bedrooms, 4 baths including a bedroom and full bath on main level. Cul de sac lot with great curb appeal, extended driveway and private fenced backyard. Full unfinished basement. HOA has NO rental restrictions.

Last Agent to Sell the Property

Beyond Real Estate Team

Century 21 Results License #386435 Listed on: 09/01/2022

Century 21 Results

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,392

Year Built

  • Built in 2008

Lot Details

  • 7,841 Sq Ft Lot
  • Back Yard Fenced
  • Private Lot
  • Level Lot

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Concrete Siding

Interior Spaces

  • 3,454 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Carpet
  • Stubbed For A Bathroom
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Dishwasher

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Deck

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
  • Cable TV Available

Community Details

Overview

  • $500 Initiation Fee
  • Bridgetowne Subdivision

Amenities

  • No Laundry Facilities

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,392

Year Built

Built in 2008

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .18
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 3454
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Bedrooms: 6
  • Basement: Bath/Stubbed
  • Total Finished Sq Ft: 3454
  • Above Grade Finished Sq Ft: 3454
  • Interior Amenities: Vaulted Ceiling(s), Pulldown Attic Stairs, Walk-In Closet(s)
  • Full Bathrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Flooring: Carpet
  • Kitchen Features: Breakfast Area, Walk-in Pantry
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 158.946

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Bedroom Main Level: 1

Exterior Features

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

Garage/Parking

  • Parking Features: Garage
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: None
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 455
  • Association: Yes
  • Community Features: Fitness Center, Playground, Pool, Tennis Court(s)

Fee Information

  • Initiation Fee: 500
  • Association Fee Includes: Other

Schools

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

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3392

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 6, 2022
Sold by
Sharpe James Craig
Bought by
Bolleni Vikram and Yerrabelly Sruthi
Seller's Agent
Beyond Real Estate Team
Century 21 Results
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$549,000
Sold Price
$545,000
Premium/Discount to List
-$4,000
-0.73%
Total Days on Market
6
Views
21
Current Estimated Value
$576,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,870
Avg. Annual Appreciation
2.15%
Original Mortgage
$517,750
Outstanding Balance
$499,728
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$77,142

Purchase Details

Closed on
Dec 23, 2016
Sold by
Tricia
Bought by
Sharpe James Craig and Bashaw Denise Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,562
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 2009
Sold by
Atreus Communities Nw Atlanta
Bought by
Blystone Tricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,417
Interest Rate
4.89%
Mortgage Type
FHA
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
Bolleni Vikram $545,000 --
Sharpe James Craig $245,000 --
Blystone Tricia $260,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bolleni Vikram $517,750
Previous Owner Sharpe James Craig $240,562
Previous Owner Blystone Tricia $255,417
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Sold $545,000 -0.7% $158 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $549,000 0.0% $159 / Sq Ft
12/04/2015 12/04/15 Rented $1,750 0.0% --
11/16/2015 11/16/15 Under Contract -- -- --
10/02/2015 10/02/15 For Rent $1,750 +9.4% --
09/19/2014 09/19/14 Rented $1,600 0.0% --
08/20/2014 08/20/14 Under Contract -- -- --
07/11/2014 07/11/14 For Rent $1,600 -- --
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 $5,069 $229,064 $54,000 $175,064
2023 $4,125 $198,692 $40,000 $158,692
2022 $3,761 $133,104 $20,000 $113,104
2021 $3,392 $133,104 $20,000 $113,104
2020 $3,156 $121,680 $20,000 $101,680
2019 $3,149 $121,096 $20,000 $101,096
2018 $3,226 $124,392 $18,000 $106,392
2017 $2,632 $98,000 $16,000 $82,000
2016 $2,923 $105,332 $17,200 $88,132
2015 $2,873 $103,332 $15,200 $88,132
2014 $2,476 $93,528 $13,100 $80,428
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10087496

Georgia MLS

APN: 217-398