NOT LISTED FOR SALE

5020 Princeton Trace Cumming, GA 30041

Estimated Value: $664,957 - $749,000

4 Beds
3.5 Baths
2,771 Sq Ft
$259/Sq Ft Est. Value

Last Sold October 24, 2014

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

Est. 112% increase in value since last sale

Current estimated payment $4,146/month

2 Days on Market

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%
Total Days on Market
2
Current Estimated Value
$716,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,989
Avg. Annual Appreciation
7.33%
Original Mortgage
$270,000
Outstanding Balance
$211,706
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$505,478

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

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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
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 $179,000
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
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

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5341938

First Multiple Listing Service (FMLS)

APN: 226-217