NOT LISTED FOR SALE

4986 Sherwood Way Unit 17-2 Cumming, GA 30040

Estimated Value: $371,000 - $385,000

2 Beds
2.5 Baths
1,856 Sq Ft
$204/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $340,000 $183 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,496/month

21 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • City View
  • Community Pool
  • George W. Whitlow Elementary School Rated A
  • EarthCraft House
  • Tennis Courts

About This Home

As of March 2023

Huge Price Adjustment! Great Location! Move in ready gorgeously updated townhome in a prime Forsyth County location! Spacious EAST facing townhome features an open concept. Main level with new floors throughout, new granite countertops, and a large dining area. Upstairs includes TWO master bedrooms with attached bathrooms and walk-in closets. Laundry room on upper level. 4 Yr. old high quality HVAC, 3 yr. old water heater and stainless appliances. Custom made patio shutter door, Oversized attached one car garage. Minutes from GA-400, The Collection at Forsyth, and in highly rated Forsyth County Schools District. Stonehaven Terrace amenities include Olympic style swimming pool, fitness center, clubhouse, tennis courts, playground, dog park as well as HOA included landscape maintenance, trash service & termite bond. No Rental Restrictions

Last Agent to Sell the Property

Hema Jain

Virtual Properties Realty. Biz License #367150 Listed on: 02/16/2023

Virtual Properties Realty. Biz

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,774

Year Built

  • Built in 2006

Lot Details

  • 4,792 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard Fenced

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Composition Roof
  • Brick Front

Interior Spaces

  • 1,856 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Family Room with Fireplace
  • City Views
  • Pull Down Stairs to Attic

Kitchen

  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Oversized primary bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Schools

  • George W. Whitlow Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Central Heating and Cooling System
  • 110 Volts
  • Phone Available

Additional Features

  • EarthCraft House
  • Property is near shops

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 130 708

Community Details

Overview

  • $300 Initiation Fee
  • Homeside Properties, Inc Association, Phone Number (678) 297-9566
  • Stonehaven Terrace Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Dog Park

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,774

Year Built

Built in 2006

Lot Details

0

HOA Fees

$220 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • Legal Description: 2-1 LL 273 BLDG 17 UN 2 TRACT 1 STONEHAVEN TERRACE
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse
  • Property Condition: Resale
  • Year Built: 2006
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Laminate
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity
  • Kitchen Features: Pantry
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Other
  • Square Footage: 1856.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Composition
  • Fencing: Back Yard
  • View: City
  • Foundation: None

Garage/Parking

  • Carport or Garage: 1
  • Number of Garage Spaces: 1
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Garage Faces Front

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Electricity Available, Phone Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Maintenance Grounds, Swim/Tennis, Trash
  • Community Features: Dog Park, Homeowners Assoc, Near Shopping, Park, Pool, Tennis Court(s)
  • Association Fee: 220
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Hoa Contact Phone: 678-297-9566
  • Home Warranty: Yes
  • Management Company Email: rsamuel@homesideproperties.com
  • Subdivision Complex: Stonehaven Terrace

Association/Amenities

  • Management Company: Homeside Properties, Inc

Schools

  • Elementary School: George W. Whitlow
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Acres: 0.1100
  • Section G M D: 00
  • Lot Features: Back Yard, Level
  • Lot Dimensions: x
  • Parcel Number: 130 708
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Building Certifications: EarthCraft Home
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 300

Tax Info

  • Taxes: 2774.00
  • Assessor Parcel Number: 130-000-708
  • Close Date: 2023-03-31
  • Tax Year: 2022

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: George W. Whitlow
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 31, 2023
Sold by
Yandapalle Maheswara Reddy
Bought by
Reddy Yandapalle Maheswara and Allapu Reddy Madhuri
Seller's Agent
Hema Jain
Virtual Properties Realty. Biz
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$369,900
Sold Price
$340,000
Premium/Discount to List
-$29,900
-8.08%
Views
29
Current Estimated Value
$378,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,489
Avg. Annual Appreciation
4.37%
Original Mortgage
$272,000
Outstanding Balance
$264,045
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$114,444

Purchase Details

Listed on
Sep 26, 2018
Closed on
Nov 7, 2018
Sold by
Hollingsworth James M
Bought by
Thapliyal Renuka
Seller's Agent
Stephanie Cates
Park Place Brokers
Buyer's Agent
Shyam Gupta
Keller Williams North Atlanta
List Price
$209,000
Sold Price
$206,000
Premium/Discount to List
-$3,000
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.06%
Original Mortgage
$164,800
Interest Rate
4.9%
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
Reddy Yandapalle Maheswara -- --
Reddy Yandapalle Maheswara $340,000 --
Thapliyal Renuka $206,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reddy Yandapalle Maheswara $272,000
Previous Owner Thapliyal Renuka $164,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $340,000 -2.9% $183 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
03/03/2023 03/03/23 Price Changed $349,990 -5.4% $189 / Sq Ft
02/16/2023 02/16/23 For Sale $369,900 +79.6% $199 / Sq Ft
11/07/2018 11/07/18 Sold $206,000 -1.4% $111 / Sq Ft
10/12/2018 10/12/18 For Sale $209,000 0.0% $113 / Sq Ft
10/06/2018 10/06/18 Pending -- -- --
09/26/2018 09/26/18 For Sale $209,000 -- $113 / 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 $3,242 $153,768 $66,000 $87,768
2024 $3,242 $136,000 $58,920 $77,080
2023 $3,332 $135,384 $56,000 $79,384
2022 $2,774 $92,632 $32,000 $60,632
2021 $2,558 $92,632 $32,000 $60,632
2020 $2,459 $89,044 $32,000 $57,044
2019 $2,279 $82,400 $21,400 $61,000
2018 $2,128 $76,948 $20,000 $56,948
2017 $1,941 $69,944 $20,000 $49,944
2016 $1,765 $63,584 $16,000 $47,584
2015 $1,622 $58,344 $12,000 $46,344
2014 $1,185 $44,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7177713

First Multiple Listing Service (FMLS)

APN: 130-708