NOT LISTED FOR SALE

5005 Mercedes Dr Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $397,207 - $470,000

3 Beds
2.5 Baths
1,488 Sq Ft
$286/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $230,000 $155 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,607/month

Highlights

  • Newly Remodeled
  • Craftsman Architecture
  • Private Lot
  • Chattahoochee Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of February 2019

Charming 3BR/2.5BA New Construction home in N. Forsyth. Desirable open floor plan including gourmet kitchen w/ white shaker cabinets, breakfast bar, granite ctops, ss appliances, 5 in. handscraped hardwood floors, tile bathroom floors, single car garage, unfinished basement & more. Upstairs includes a spacious master suite with his/her closets w/ double vanity & two large secondary bedrooms w/ full bath. Unfinished basement including plumbing stub-out for future bathroom. House sits on a very private, level lot w/ spacious side yard. Home is 100% complete.

Last Agent to Sell the Property

Todd Vanderhoff

EXP Realty, LLC. License #362040 Listed on: 10/24/2018

EXP Realty, LLC.

Last Buyer's Agent

Jeff Fountain

NOT A VALID MEMBER

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $149

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 10,454 Sq Ft Lot
  • Private Lot
  • Level Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway Level

Home Design

  • Craftsman Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,488 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room
  • Unfinished Basement
  • Stubbed For A Bathroom
  • Fire and Smoke Detector
  • Laundry on upper level

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • White Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Chattahoochee - Forsyth Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Shady Shores Subdivision

Listing and Financial Details

  • Tax Lot 425
  • Assessor Parcel Number 221 779

Home Details

Home Type

Single Family

Est. Annual Taxes

$149

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$50 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Condition: New Construction
  • Year Built: 2018
  • Levels Stories: Two
  • Special Features: NewHome
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Interior Amenities: Double Vanity, High Speed Internet, His and Hers Closets, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Unfinished
  • Kitchen Features: Breakfast Bar, Cabinets White, Pantry, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Other
  • Square Footage: 1488.00

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Shingle
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Carport or Garage: 1
  • Number of Garage Spaces: 1
  • Parking Features: Attached, Garage, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Heat Pump
  • Laundry Features: Upper Floor
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Subdivision Complex: Shady Shores

Schools

  • Elementary School: Chattahoochee - Forsyth
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Acres: 0.2400
  • Lot: 425
  • Land/Lot: 150
  • Section G M D: 1
  • Plat Book: 4
  • Plat Page: 18
  • Lot Features: Level, Private
  • Lot Dimensions: .24
  • Parcel Number: 221 779
  • Property Attached Yn: No

Green Features

  • Efficiency: Insulation, Thermostat

Tax Info

  • Taxes: 149.00
  • Assessor Parcel Number: 221-000-779
  • Close Date: 2019-02-15
  • Tax Year: 2018

MLS Schools

  • Elementary School: Chattahoochee - Forsyth
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2018
Closed on
Feb 15, 2019
Sold by
Hoff Homes Llc
Bought by
Pierce Jessica L
Seller's Agent
Todd Vanderhoff
EXP Realty, LLC.
Buyer's Agent
Jeff Fountain
NOT A VALID MEMBER
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%
Current Estimated Value
$426,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,302
Avg. Annual Appreciation
9.85%
Original Mortgage
$184,000
Outstanding Balance
$161,767
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$264,535

Purchase Details

Closed on
Mar 16, 2018
Sold by
Ktv Enterprises Llc
Bought by
Hoff Homes Llc
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
Pierce Jessica L $230,000 --
Hoff Homes Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce Jessica Leigh $100,000
Open Pierce Jessica L $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $230,000 -2.1% $155 / Sq Ft
01/11/2019 01/11/19 Pending -- -- --
12/08/2018 12/08/18 Price Changed $234,900 -2.1% $158 / Sq Ft
10/24/2018 10/24/18 For Sale $239,900 -- $161 / 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 $3,436 $180,064 $24,000 $156,064
2024 $3,436 $168,112 $18,000 $150,112
2023 $2,648 $143,596 $16,800 $126,796
2022 $2,689 $94,836 $9,000 $85,836
2021 $2,469 $94,836 $9,000 $85,836
2020 $2,410 $92,000 $7,040 $84,960
2019 $2,385 $86,244 $6,600 $79,644
2018 $149 $5,400 $5,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Todd Vanderhoff

    Seller's Agent in 2019

    Todd Vanderhoff

    EXP Realty, LLC.

    (404) 578-4774

    44 in this area

    80 Total Sales

    Todd Vanderhoff
    Section Image

  • J

    Buyer's Agent in 2019

    Jeff Fountain

    NOT A VALID MEMBER

    Section Image
  • Brenda W Cason

    Buyer Co-Listing Agent in 2019

    Brenda W Cason

    Coldwell Banker Realty

    (470) 328-9772

    12 Total Sales

    Brenda W Cason
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6091011

First Multiple Listing Service (FMLS)

APN: 221-779

Georgia Forsyth County Cumming 30041 Lake Lanier

5005 Mercedes Dr, Cumming, GA

This home is located at 5005 Mercedes Dr, Cumming, GA 30041 since 24 October 2018 and is currently estimated at $426,302, approximately $286 per square foot. This property was built in 2018. 5005 Mercedes Dr is a home located in Forsyth County with nearby schools including Chattahoochee Elementary School and Little Mill Middle School.

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