NOT LISTED FOR SALE

5020 Princeton Trace Cumming, GA 30041

Estimated Value: $675,955 - $748,000

4 Beds
3.5 Baths
2,771 Sq Ft
$256/Sq Ft Est. Value

Last Sold October 24, 2014

Last sale price $337,500 $122 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,905/month

Highlights

  • Clubhouse
  • Deck
  • Wooded Lot
  • Haw Creek Elementary School Rated A
  • Private Lot
  • Ranch Style House

About This Home

As of October 2014

Wonderful ranch home in fantastic condition. Hardwood floors in family room, dining room, & all bedrooms. Kitchen, laundry, & baths have tiled floor. Kitchen has tile backsplash, breakfast bar, a large keeping room overlooking the private, wooded backyard. Built-ins on each side of the fireplace in family room. Custom closet system in the master suite. Screened deck perfect for relaxing and entertaining. Teen/In-law suite on the 2nd level. Full unfinished basement stubbed for bath. Oversized flagstone patio off basement. Professionally landscaped backyard. Home is a 10!

Last Agent to Sell the Property

Tim Hopkins

Keller Williams Realty Community Partners License #244966 Listed on: 09/09/2014

Keller Williams Realty Community Partners

Last Buyer's Agent

Amy Mcdaniel

Drake Realty of GA, Inc. License #229338

Drake Realty of GA, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,920

Year Built

  • Built in 2003

Lot Details

  • Private Lot
  • Wooded Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Ranch Style House
  • Composition Roof
  • Shingle Siding
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 2,771 Sq Ft Home
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Screened Porch
  • Keeping Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio

Schools

  • Haw Creek Elementary School
  • Lakeside - Forsyth Middle School
  • South Forsyth High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Septic Tank

Additional Features

  • Energy-Efficient HVAC
  • Property is near schools

Listing and Financial Details

  • Tax Lot 164
  • Assessor Parcel Number 5020PrincetonTRCE

Community Details

Overview

  • Access Mgt Group Association
  • Secondary HOA Phone (770) 777-6890
  • Princeton Square Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,920

Year Built

Built in 2003

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 2003
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Double Oven, Electric Range, Microwave
  • Interior Amenities: Entrance Foyer, High Ceilings 10 ft Main
  • Basement: Bath/Stubbed, Daylight, Full, Unfinished
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Keeping Room, Pantry, Solid Surface Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2771.00

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Main Bedrooms: 3
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Main Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Cement Siding, Shingle Siding, Stone
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Front Porch, Patio, Screened

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Side, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Heat Pump, Natural Gas
  • Laundry Features: Laundry Room, Main Level

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Homeowners Assoc, Near Schools, Pool, Sidewalks, Tennis Court(s)
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Management Company Email: Smunn@accessmgt.com
  • Management Phone: 770-777-6890
  • Subdivision Complex: Princeton Square

Association/Amenities

  • Management Company: Access Mgt Group

Schools

  • Elementary School: Haw Creek
  • Middle School: Lakeside - Forsyth
  • High School: South Forsyth

Lot Info

  • Lot: 164
  • Land/Lot: 164
  • Section G M D: 1
  • Lot Features: Private, Wooded
  • Lot Dimensions: .6 Acres
  • Parcel Number: 5020PrincetonTRCE
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC

Tax Info

  • Taxes: 2920.00
  • Assessor Parcel Number: 226-000-217
  • Close Date: 2014-10-24
  • Tax Year: 2013

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Haw Creek
  • High School: South Forsyth
  • Middle School: Lakeside - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2014
Closed on
Oct 24, 2014
Sold by
Schnautz Thomas W
Bought by
Palmer Ronald W and Palmer Marlene K
Seller's Agent
Tim Hopkins
Keller Williams Realty Community Partners
Buyer's Agent
Amy Mcdaniel
Drake Realty of GA, Inc.
List Price
$340,000
Sold Price
$337,500
Premium/Discount to List
-$2,500
-0.74%
Current Estimated Value
$709,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,239
Avg. Annual Appreciation
7.02%
Original Mortgage
$270,000
Outstanding Balance
$208,795
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$500,944

Purchase Details

Closed on
Jan 16, 2004
Sold by
Hmes By Brumby At Princeton Sq L
Bought by
Schnautz Thomas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2000
Sold by
Edenfield Bryan K
Bought by
Edenfield Bryan K
Source: Public Records

Range of Values:

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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
Palmer Ronald W $337,500 --
Schnautz Thomas W $311,000 --
Edenfield Bryan K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Ronald W $270,000
Previous Owner Schnautz Thomas W $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2014 10/24/14 Sold $337,500 -0.7% $122 / Sq Ft
09/11/2014 09/11/14 Pending -- -- --
09/09/2014 09/09/14 For Sale $340,000 -- $123 / 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 $1,118 $262,452 $72,000 $190,452
2024 $1,118 $265,692 $60,000 $205,692
2023 $1,023 $251,048 $60,000 $191,048
2022 $1,108 $170,740 $36,000 $134,740
2021 $1,074 $170,740 $36,000 $134,740
2020 $1,068 $164,800 $36,000 $128,800
2019 $1,070 $159,656 $32,000 $127,656
2018 $1,063 $146,712 $28,000 $118,712
2017 $1,070 $141,368 $28,000 $113,368
2016 $1,067 $139,368 $26,000 $113,368
2015 $3,713 $133,528 $24,000 $109,528
2014 $3,049 $119,384 $24,000 $95,384
Source: Public Records

Agents Affiliated with this Home

  • Tim Hopkins

    Seller's Agent in 2014

    Tim Hopkins

    Keller Williams Realty Community Partners

    (770) 351-7721

    2 in this area

    38 Total Sales

    Tim Hopkins
    Section Image

  • A

    Buyer's Agent in 2014

    Amy Mcdaniel

    Drake Realty of GA, Inc.

    (770) 309-8654

    2 in this area

    35 Total Sales

    Amy Mcdaniel
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5341938

First Multiple Listing Service (FMLS)

APN: 226-217

Georgia Forsyth County Cumming 30041

5020 Princeton Trace, Cumming, GA

This home is located at 5020 Princeton Trace, Cumming, GA 30041 since 09 September 2014 and is currently estimated at $709,739, approximately $256 per square foot. This property was built in 2003. 5020 Princeton Trace is a home located in Forsyth County with nearby schools including Haw Creek Elementary School, Lakeside Middle School, and South Forsyth High School.

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