$103,000
SOLD JUL 2, 2012

5024 Sherwood Way Cumming, GA 30040

3 Beds
3 Baths
1,895 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

32 Days on Market

Highlights

  • L-Shaped Dining Room
  • George W. Whitlow Elementary School Rated A
  • Family Room

About This Home

As of April 2023

LOVELY 3/2.5 HOME IN SOUTH FORSYTH. THIS HOME IS IN GOOD CONDITION AND FEATURES A LARGE MASTER SUITE WITH LOTS OF WINDOWS, SEPERATE TUB AND SHOWER AND LARGE

Last Agent to Sell the Property

Welch Team

Keller Williams Community Partners License #233258 Listed on: 04/30/2012

Keller Williams Community Partners

Last Buyer's Agent

Lisa Newton

Sanders Real Estate License #290570

Sanders Real Estate

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,517

Year Built

  • 2006

Home Design

  • Slab Foundation

Interior Spaces

  • 1,895 Sq Ft Home
  • Family Room
  • L-Shaped Dining Room

Utilities

  • Gas Water Heater

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 24

Property Details

Home Type

Other

Est. Annual Taxes

$3,517

Year Built

2006

Lot Details

0

Listing Details

  • District: 02
  • Section: 01
  • Special Features: 20
  • Year Built: 2006

Interior Features

  • Fireplaces: 1
  • Fireplace(s): 1, In Great/Family Room, Factory Built
  • Main Level Half Bathrooms: 1
  • Basement: Slab/None
  • Interior Amenities: Hardwood Floors, Pulldown Attic Stairs, Wall-to-wall Carpet, Double Vanity, Walk-in Closet, Separate Shower
  • Laundry Location: Upstairs
  • Above Grade Finished Sq Ft: 1895

Exterior Features

  • Roof: Composition
  • Exterior Features: Deck/Patio
  • Construction: Brick/Frame

Garage/Parking

  • Parking: 1 Car, Attached, Garage

Utilities

  • Cooling: Ceiling Fan, Central
  • Heating: Forced Air
  • Energy Features: Gas Water Heater
  • Water/Sewer: Public Water, Sewer Connected

Association/Amenities

  • Amenities: Neighborhood Association

Schools

  • Elementary School: Shiloh Point / Forsyth / Forsyth County, GA
  • Middle School: Piney Grove / Forsyth / Forsyth County, GA
  • High School: South Forsyth / Forsyth / Forsyth County, GA

Lot Info

  • Lot Description: Level Lot, Private Backyard
  • Lot Size: Less than 1/3 Acre
  • Land Lot: 273
  • Lot: 24

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
Not Available
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 Type Sale Price Title Company
Special Warranty Deed $388,000 None Listed On Document
Warranty Deed -- --
Limited Warranty Deed $190,000 --
Warranty Deed $103,000 --
Foreclosure Deed $205,185 --
Deed $185,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $329,800 New Conventional
Previous Owner $170,000 New Conventional
Previous Owner $152,000 New Conventional
Previous Owner $101,500 New Conventional
Previous Owner $104,700 FHA
Previous Owner $182,237 FHA
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: 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
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

    95 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

    61 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

    150 Total Sales

    Welch Team
    Section Image
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Map

Source: Georgia MLS

MLS Number: 03224210

Georgia MLS

APN: 130-715

Georgia Forsyth County Cumming 30040

5024 Sherwood Way, Cumming, GA

This home is located at 5024 Sherwood Way, Cumming, GA 30040 and is currently priced at $103,000, approximately $54 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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