NOT LISTED FOR SALE

5025 Reserve Dr Cumming, GA 30040

Estimated Value: $845,000

5 Beds
4.5 Baths
3,353 Sq Ft
$252/Sq Ft Est. Value

Highlights

  • City View
  • Oversized primary bedroom
  • Wood Flooring
  • Kelly Mill Elementary School Rated A
  • Traditional Architecture
  • Bonus Room

About This Home

As of July 2024

*** Spend your valuable weekends with your family since Lawn maintenance & Mowing included ***
A 5 bed, 4 1/2 bath single family home with 3 car garage in the best neighborhood and school district in Cumming! Closer to Exit 12B of 400 Hwy. Modern farmhouse design, open plan concept, Guest bedroom on main with full bath. Mudroom and walk-in pantry with wooden shelves. Hardwood Floor throughout the main level. Stainless steel appliances, Shaker white cabinets, Level 3 granite countertops. Window treatments! Walk-in closets with wood shelving, Professional landscape with sprinkler system, Wi-fi enabled garage door openers. Oversized master bedroom with adjacent Laundry room. CAT 6 and security alarm wiring. Huge driveway, completed bonus room inside the master bedroom closet. Single-family, new home community to Forsyth County in Cumming, GA. The community is also convenient to several large shopping and dining areas, Highway 20 and GA-400.

Last Agent to Rent the Property

Raj Atchutuni

Virtual Properties Realty.com License #427657 Listed on: 06/12/2024

Virtual Properties Realty.com

Last Renter's Agent

Raj Atchutuni

Virtual Properties Realty.com License #427657 Listed on: 06/12/2024

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,348

Year Built

  • Built in 2023

Lot Details

  • 44

Parking

  • 3 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 3,353 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Family Room with Fireplace
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Computer Room
  • Den
  • Bonus Room
  • Keeping Room
  • City Views
  • Carbon Monoxide Detectors
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Kitchen Island
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Schools

  • Kelly Mill Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Level Lot

Community Details

  • Application Fee Required
  • Kelly Mill Reserve Subdivision

Listing and Financial Details

  • Security Deposit $3,900
  • 12 Month Lease Term
  • $39 Application Fee
  • Assessor Parcel Number 056 532

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,348

Year Built

Built in 2023

Lot Details

0

Parking

3

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: All Utilities
  • Credit Report Required: Yes
  • Deposit: 3900
  • Lease Term: 12 Months
  • Per Adult Dollar: 39.00
  • Application Fee Per Adult: Yes
  • Deposit Required: Security

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2023
  • Levels Stories: Two
  • Body Type: Other
  • Special Features: NewHome

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Vinyl
  • Fireplace Features: Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Double Oven, Electric Oven, Electric Range
  • Interior Amenities: Bookcases
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Keeping Room, Kitchen Island
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Computer Room, Den, Dining Room
  • Dining Room Features: Great Room, Separate Dining Room
  • Square Footage: 3353.00
  • Spa Features: None
  • Window Features: Double Pane Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Oversized Master
  • Main Bedrooms: 1
  • Total Bathrooms: 5
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Roof Type: Shingle
  • Patio And Porch Features: Covered
  • View: City
  • Pool Private: No

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Garage, Garage Door Opener, Garage Faces Front

Utilities

  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Management: Owner Managed
  • Subdivision Complex: Kelly Mill Reserve

Schools

  • Elementary School: Kelly Mill
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Lot Features: Level
  • Parcel Number: 056 532
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 056-000-532
  • Close Date: 2024-07-23

MLS Schools

  • Elementary School: Kelly Mill
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2023
Sold by
Dph-Kelly Mill Reserve Llc
Bought by
Jagadish Karthick Dixit and Peddi Ravi V
Current Estimated Value
$845,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,948
Outstanding Balance
$600,287
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$244,713
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
Jagadish Karthick Dixit $773,700 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jagadish Karthick Dixit $618,948
Closed Jagadish Karthick Dixit $618,948
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Rented $3,900 0.0% --
07/15/2024 07/15/24 Under Contract -- -- --
07/10/2024 07/10/24 Price Changed $3,900 -7.1% $1 / Sq Ft
06/12/2024 06/12/24 For Rent $4,200 +12.0% --
09/12/2023 09/12/23 Rented $3,750 0.0% --
09/07/2023 09/07/23 For Rent $3,750 -- --
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 $3,348 $305,416 $64,000 $241,416
2023 $3,348 $136,012 $63,600 $72,412
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7403457

First Multiple Listing Service (FMLS)

APN: 056-532