NOT LISTED FOR SALE

5024 Sherwood Way Cumming, GA 30040

Estimated Value: $386,000 - $441,000

3 Beds
2.5 Baths
1,856 Sq Ft
$222/Sq Ft Est. Value

Last Sold April 04, 2023

Last sale price $388,000 $209 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,787/month

5 Days on Market

Highlights

  • Open-Concept Dining Room
  • No Units Above
  • Oversized primary bedroom
  • George W. Whitlow Elementary School Rated A
  • Clubhouse
  • Traditional Architecture

About This Home

As of April 2023

A charmer in Forsyth! Move in ready end unit townhome in a prime Forsyth County location! This spacious townhome features an open concept. The main level has new paint, a cozy family room with fireplace, and a large dining area. The upstairs includes the oversized master bedroom with a master bathroom that boasts a walk-in closet. Laundry room on upper level. 5 Yr. old HVAC/furnace, 2 yr. old water heater and stainless steel appliances. Oversized attached one car garage. Minutes from GA-400, The Collection at Forsyth, and in highly rated Forsyth County School District. Stonehaven Terrace amenities include an Olympic size swimming pool, JR pool, fitness center, clubhouse, tennis courts, playground, and dog park. HOA fees also include landscape maintenance, exterior maintenance, roof, trash service & termite coverage. No Rental Restrictions.

Last Agent to Sell the Property

Ed Rivers

Sloan & Company Real Estate, LLC License #376035 Listed on: 03/07/2023

Last Buyer's Agent

Cindy Young

Keller Williams Rlty, First Atlanta License #283920

Keller Williams Rlty, First Atlanta

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,441

Year Built

  • Built in 2006

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 24 x 54
  • No Units Above
  • End Unit
  • No Units Located Below
  • Private Entrance
  • Landscaped
  • Back Yard

HOA Fees

  • Property has a Home Owners Association

Parking

  • 1 Car Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Secured Garage or Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 1,856 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Awning
  • Window Treatments
  • Wood Frame Window
  • Private Rear Entry
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Open-Concept Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Oversized primary bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer

Home Security

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • 220 Volts in Garage
  • 110 Volts
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 24 / 1
  • Assessor Parcel Number 130 715

Community Details

Overview

  • $250 Initiation Fee
  • 150 Units
  • Stonehaven Terrace Subdivision
  • FHA/VA Approved Complex
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Community Pool
  • Dog Park
  • Trails

Security

  • Security Service
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,441

Year Built

Built in 2006

Lot Details

0

HOA Fees

$220 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • Legal Description: 2-1 273 BLDG 24 UN 2 STONEHAVEN TERRACE
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2006
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Gas Log, Gas Starter, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator
  • Interior Amenities: Disappearing Attic Stairs, Entrance Foyer, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Laminate Counters, Pantry Walk-In, View to Family Room
  • Common Walls: End Unit, No One Above, No One Below
  • Additional Rooms: Bathroom, Bedroom, Family Room, Kitchen, Laundry, Master Bathroom, Master Bedroom
  • Dining Room Features: Open Concept
  • Square Footage: 1856.00
  • Spa Features: None
  • Window Features: Double Panes, Window Treatments, Wood Frames

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Oversized Master
  • 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, Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Covered
  • Exterior Features: Awning(s), Lighting, Private Front Entry, Private Rear Entry
  • Foundation: Slab

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Secured Garage/Parking, Security Service, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts, 220 Volts, 220 Volts in Garage

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Exterior, Maintenance Grounds, Pest Control, Reserve Fund, Swim/Tennis, Termite, Trash
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Dog Park, Homeowners Assoc, Near Schools, Near Shopping, Near Trails/Greenway, Pickleball, Playground, Pool, Street Lights, Tennis Court(s)
  • F H A Condo Approval: Yes
  • Master Association Fee: 220
  • Master Association Fee Frequency: Monthly
  • Association: Yes
  • Subdivision Complex: Stonehaven Terrace

Association/Amenities

  • Number Of Units In Community: 150

Schools

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

Lot Info

  • Acres: 0.1000
  • Lot: 24
  • Land/Lot: 273
  • Section G M D: 1
  • Plat Book: 112
  • Plat Page: 273
  • Lot Features: Back Yard, Landscaped
  • Lot Dimensions: 24 x 54
  • Parcel Number: 130 715
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 250

Tax Info

  • Taxes: 2441.00
  • Assessor Parcel Number: 130-000-715
  • Close Date: 2023-04-04
  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Apr 4, 2023
Sold by
Ridgeway Ashley N
Bought by
Petrello Dominic and Brenner Sarah Elizabeth
Seller's Agent
Ed Rivers
Sloan & Company Real Estate, LLC
Buyer's Agent
Cindy Young
Keller Williams Rlty, First Atlanta
List Price
$360,000
Sold Price
$388,000
Premium/Discount to List
$28,000
7.78%
Current Estimated Value
$411,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,701
Avg. Annual Appreciation
0.89%
Original Mortgage
$329,800
Outstanding Balance
$326,109
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$69,800

Purchase Details

Closed on
Sep 10, 2021
Sold by
Rivers Ashley Nicolle
Bought by
Ridgeway Ashley N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 17, 2016
Closed on
Nov 21, 2016
Sold by
Joshua
Bought by
River Ashley Nicolle
Seller's Agent
Lisa Newton
HomeSmart
Buyer's Agent
Olivia Sloan Ivey
Sloan & Company Real Estate, LLC
List Price
$190,000
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$152,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2012
Closed on
Jul 2, 2012
Sold by
Housing And Urban Developm
Bought by
Bayer Joshua B and Bayer Shannon E
Seller's Agent
Welch Team
Keller Williams Community Partners
Buyer's Agent
Lisa Newton
Sanders Real Estate
List Price
$103,000
Sold Price
$103,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.97%
Original Mortgage
$104,700
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 2009
Sold by
Loyal Benita R
Bought by
Taylor Bean & Whitaker Mtg Cor

Purchase Details

Closed on
Apr 5, 2007
Sold by
Bowen Family Homes Inc
Bought by
Loyal Benita R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,237
Interest Rate
6.15%
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
Petrello Dominic $388,000 None Listed On Document
Ridgeway Ashley N -- --
River Ashley Nicolle $190,000 --
Bayer Joshua B $103,000 --
Taylor Bean & Whitaker Mtg Cor $205,185 --
Loyal Benita R $185,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrello Dominic $329,800
Previous Owner Ridgeway Ashley N $170,000
Previous Owner River Ashley Nicolle $152,000
Previous Owner Bayer Joshua B $101,500
Previous Owner Bayer Joshua B $104,700
Previous Owner Loyal Benita R $182,237
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $388,000 +7.8% $209 / Sq Ft
03/07/2023 03/07/23 For Sale $360,000 -7.2% $194 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
03/01/2023 03/01/23 Off Market $388,000 -- --
03/01/2023 03/01/23 For Sale $360,000 +89.5% $194 / Sq Ft
11/21/2016 11/21/16 Sold $190,000 +1.1% $102 / Sq Ft
10/08/2016 10/08/16 Pending -- -- --
09/29/2016 09/29/16 Price Changed $188,000 -1.1% $101 / Sq Ft
09/27/2016 09/27/16 For Sale $190,000 0.0% $102 / Sq Ft
09/15/2016 09/15/16 Pending -- -- --
08/26/2016 08/26/16 Price Changed $190,000 -2.5% $102 / Sq Ft
08/17/2016 08/17/16 For Sale $194,900 +89.2% $105 / Sq Ft
07/02/2012 07/02/12 Sold $103,000 0.0% $54 / Sq Ft
06/02/2012 06/02/12 Pending -- -- --
04/30/2012 04/30/12 For Sale $103,000 -- $54 / 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 $3,517 $152,056 $66,000 $86,056
2023 $2,385 $135,184 $56,000 $79,184
2022 $2,441 $92,504 $32,000 $60,504
2021 $2,306 $92,504 $32,000 $60,504
2020 $2,232 $88,912 $32,000 $56,912
2019 $2,105 $82,604 $20,000 $62,604
2018 $1,989 $76,736 $20,000 $56,736
2017 $1,849 $69,788 $20,000 $49,788
2016 $1,529 $63,584 $16,000 $47,584
2015 $1,421 $58,344 $12,000 $46,344
2014 $1,073 $44,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ed Rivers

    Seller's Agent in 2023

    Ed Rivers

    Sloan & Company Real Estate, LLC

    (678) 464-3145

    6 in this area

    24 Total Sales

    Ed Rivers
    Section Image
  • Cindy Young

    Buyer's Agent in 2023

    Cindy Young

    Keller Williams Rlty, First Atlanta

    (678) 231-0557

    2 in this area

    99 Total Sales

    Cindy Young
    Section Image
  • Lisa Newton

    Seller's Agent in 2016

    Lisa Newton

    HomeSmart

    (404) 723-4112

    13 Total Sales

    Lisa Newton
    Section Image

  • O

    Buyer's Agent in 2016

    Olivia Sloan Ivey

    Sloan & Company Real Estate, LLC

    (678) 977-3640

    62 Total Sales

    Olivia Sloan Ivey
    Section Image
  • Welch Team

    Seller's Agent in 2012

    Welch Team

    Keller Williams Community Partners

    (706) 344-6909

    3 in this area

    151 Total Sales

    Welch Team
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7182568

First Multiple Listing Service (FMLS)

APN: 130-715

Georgia Forsyth County Cumming 30040

5024 Sherwood Way, Cumming, GA

This home is located at 5024 Sherwood Way, Cumming, GA 30040 since 07 March 2023 and is currently estimated at $411,701, approximately $221 per square foot. This property was built in 2006. 5024 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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