NOT LISTED FOR SALE

5016 Sherwood Way Cumming, GA 30040

Estimated Value: $377,000 - $396,000

3 Beds
3 Baths
1,856 Sq Ft
$209/Sq Ft Est. Value

Last Sold December 14, 2015

Last sale price $175,000 $94 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,370/month

29 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Exercise Course
  • George W. Whitlow Elementary School Rated A
  • Tennis Courts
  • Park

About This Home

As of December 2015

SPECTACULAR GEM LOCATED IN SOUGHT AFTER FORSYTH COUNTY. Delightful & Elegant Architectural details highlighted by an Open Floor Plan, Soaring Ceilings, Light Filled Rooms, and Beautiful Hardwood Floors. Expansive Owner's Retreat with Spa Bath, Marble Vanity, Soaking Tub and Large Walk-in Closet. Generously sized additional bedrooms, 2nd Level Laundry Room for perfect convenience and Private Backyard Sanctuary surrounded by Mature Trees. Hurry, this Immaculately Maintained Oasis won't last long!

Last Agent to Sell the Property

Adrienne Lewis

Maximum One Premier Realtors License #342491 Listed on: 10/05/2015

Maximum One Premier Realtors

Last Buyer's Agent

Jeff Fountain

Virtual Properties Realty.com License #130812

Virtual Properties Realty.com

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,728

Year Built

  • 2006

Lot Details

  • 4,356

Home Design

  • Slab Foundation

Interior Spaces

  • Split Bedroom Floorplan
  • 1,856 Sq Ft Home
  • Family Room
  • Dining Room
  • Fire and Smoke Detector

Utilities

  • Programmable Thermostat
  • Underground Utilities
  • Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Legal Lot and Block 22 / A

Community Details

Recreation

  • Tennis Courts
  • Community Playground
  • Exercise Course
  • Community Pool
  • Park

Additional Features

  • Property has a Home Owners Association
  • Clubhouse

Property Details

Home Type

Other

Est. Annual Taxes

$3,728

Year Built

2006

Lot Details

0

Listing Details

  • District: 2
  • Section: 1
  • Special Features: None
  • Year Built: 2006

Interior Features

  • Fireplaces: 1
  • Fireplace(s): 1, In Great/Family Room, Factory Built, Gas Starter
  • Main Level Half Bathrooms: 1
  • Basement: Slab/None
  • Equipment: Smoke/Fire Alarm
  • Kitchen Equipment: Dishwasher, Garbage Disposal, Icemaker Line, Built-In Microwave, Range/Oven, Refrigerator
  • Interior Amenities: Cable In Street, Cable TV Connections, Trey Ceilings, Ceilings 9 Ft Plus, Entrance Foyer, Garden Tub, Gas Logs, Hardwood Floors, Pulldown Attic Stairs, Separate Shower, Walk-in Closet
  • Laundry Location: Hall, Upstairs
  • Laundry Type: Room
  • Kitchen / Breakfast: Breakfast Bar, Pantry, Walk-in Pantry
  • Above Grade Finished Sq Ft: 1856

Exterior Features

  • Roof: Composition
  • Exterior Features: Deck/Patio
  • Construction: Brick Front, Concrete Siding

Garage/Parking

  • Parking: 1 Car, Attached, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central, Zoned/Dual
  • Heating Fuel: Gas
  • Heating: Central, Zoned/Dual
  • Energy Features: Programmable Thermostat, Gas Water Heater
  • Water/Sewer: Public Water, Sewer Connected, Sewer In Street

Condo/Co-op/Association

  • HOA Fees: 175
  • HOA Fee Frequency: Annual
  • Fees Include: Bldg & Liability Insurance, Exterior Maintenance, Facilities Fee, Garbage Pickup, Grounds Maintenance, Pest Control/Termite, Swimming, Tennis
  • Building Access: Open Access

Association/Amenities

  • Amenities: Clubhouse, Neighborhood Association, Park, Physical Fit Facilities, Playground, Pool, Sidewalks, Street Lights, Tennis Courts, Underground Utilities

Schools

  • Elementary Bus Line: Yes
  • High School Bus: Yes
  • Middle School Bus: Yes
  • Elementary School: Whitlow / Forsyth / Forsyth County, GA
  • Middle School: Otwell / Forsyth / Forsyth County, GA
  • High School: Forsyth Central / Forsyth / Forsyth County, GA

Lot Info

  • Lot Description: Level Lot, Wooded
  • Land Lot: 271
  • Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2015
Closed on
Dec 14, 2015
Sold by
Sell Holly
Bought by
Sharma Jalpeshkumar C
Seller's Agent
Adrienne Lewis
Maximum One Premier Realtors
Buyer's Agent
Jeff Fountain
Virtual Properties Realty.com
List Price
$178,900
Sold Price
$175,000
Premium/Discount to List
-$3,900
-2.18%
Current Estimated Value
$388,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,413
Avg. Annual Appreciation
8.48%
Original Mortgage
$140,000
Outstanding Balance
$64,993
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$323,420

Purchase Details

Closed on
Jun 26, 2007
Sold by
Bowen Family Homes Inc
Bought by
Sell Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,822
Interest Rate
6.71%
Mortgage Type
FHA
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
Sharma Jalpeshkumar C $175,000 --
Sell Holly $183,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Jalpeshkumar C $140,000
Previous Owner Sell Holly $180,822
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2015 12/14/15 Sold $175,000 -2.2% $94 / Sq Ft
11/04/2015 11/04/15 Pending -- -- --
10/05/2015 10/05/15 For Sale $178,900 -- $96 / 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
2025 $3,728 $153,552 $66,000 $87,552
2024 $3,728 $152,008 $66,000 $86,008
2023 $3,327 $135,180 $56,000 $79,180
2022 $2,769 $92,500 $32,000 $60,500
2021 $2,554 $92,500 $32,000 $60,500
2020 $2,456 $88,948 $32,000 $56,948
2019 $2,284 $82,596 $20,000 $62,596
2018 $2,122 $76,728 $20,000 $56,728
2017 $1,938 $69,820 $20,000 $49,820
2016 $1,761 $63,460 $16,000 $47,460
2015 $1,535 $58,344 $12,000 $46,344
2014 $1,098 $44,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adrienne Lewis

    Seller's Agent in 2015

    Adrienne Lewis

    Maximum One Premier Realtors

    (770) 490-0904

    3 in this area

    19 Total Sales

    Adrienne Lewis
    Section Image
  • Jeff Fountain

    Buyer's Agent in 2015

    Jeff Fountain

    Virtual Properties Realty.com

    (678) 358-9998

    2 in this area

    64 Total Sales

    Jeff Fountain
    Section Image
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Map

Source: Georgia MLS

MLS Number: 07532879

Georgia MLS

APN: 130-713

Georgia Forsyth County Cumming 30040

5016 Sherwood Way, Cumming, GA

This home is located at 5016 Sherwood Way, Cumming, GA 30040 since 05 October 2015 and is currently estimated at $388,413, approximately $209 per square foot. This property was built in 2006. 5016 Sherwood Way is a home located in Forsyth County with nearby schools including George W. Whitlow Elementary School, Vickery Creek Middle School, and Forsyth Central High School.

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