NOT LISTED FOR SALE

5035 Wild Magnolia Ln Cumming, GA 30028

Estimated Value: $664,389 - $733,000

6 Beds
5 Baths
2,938 Sq Ft
$237/Sq Ft Est. Value

Last Sold September 12, 2014

Last sale price $340,000 $116 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,236/month

Highlights

  • Home Theater
  • Community Lake
  • Deck
  • Matt Elementary School Rated A
  • Dining Room Seats More Than Twelve
  • Private Lot

About This Home

As of September 2014

Magnolia Creek offers the active swim tennis lifestyle that you seek in this sought out Cumming neighborhood.Spacious traditional home that sits on a quiet cul-de-sac.Three levels of custom finished space with six bedrooms five baths.On the main find the formal living and dining rms.Guest bedrm full bath.Cathedral ceiling family rm and gourmet kitchen featuring granite,ss appliance,center island and lrg walk-in pantry.Upstairs spa master ste w/his&hers closet.Bedrm w/bath and two share hall bath.Finished terrace level,bedroom,bath,media,rec rm,exercise,wet bar&workshop.

Last Agent to Sell the Property

Rhonda Duffy

Duffy Realty of Atlanta License #177871 Listed on: 07/23/2014

Last Buyer's Agent

Stuart Bailey

Bailey Real Estate License #316987

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,277

Year Built

  • Built in 2005

Lot Details

  • Cul-De-Sac
  • Fenced
  • Landscaped
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Garden

Parking

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

Home Design

  • Traditional Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 2,938 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Game Room
  • Workshop
  • Home Gym
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Silver City Elementary School
  • North Forsyth Middle School
  • North Forsyth High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number 5035WildMagnoliaLN

Community Details

Overview

  • Magnolia Creek Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,277

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2005
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Cathedral Ceiling(s), Disappearing Attic Stairs, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 10 ft Main, High Speed Internet, His and Hers Closets, Low-Flow Fixtures, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Exercise Room, Family Room, Game Room, Living Room, Media Room, Office, Workshop, Other
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 2938.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 6
  • Bedroom Features: In-Law Suite/Apartment, Split Bedroom Plan
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Full Baths: 5
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Construction Materials: Cement Siding, Stone
  • Roof Type: Composition, Ridge Vents
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Front Porch
  • Exterior Features: Garden

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: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Lake, Park, Playground, Pool, Street Lights, Tennis Court(s)
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: MAGNOLIA CREEK

Schools

  • Elementary School: Silver City
  • Middle School: North Forsyth
  • High School: North Forsyth

Lot Info

  • Lot: 66
  • Land/Lot: 461
  • Section G M D: 1
  • Lot Features: Cul-De-Sac, Landscaped, Level, Private, Wooded
  • Lot Dimensions: .63
  • Parcel Number: 5035WildMagnoliaLN
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Thermostat, Windows

Tax Info

  • Taxes: 3277.00
  • Assessor Parcel Number: 168-000-324
  • Close Date: 2014-09-12
  • Tax Year: 2013

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Silver City
  • High School: North Forsyth
  • Middle School: North Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2014
Closed on
Sep 15, 2014
Sold by
Wachendorfer David C
Bought by
Knicely Holdings Llc
Seller's Agent
Rhonda Duffy
Duffy Realty of Atlanta
Buyer's Agent
Stuart Bailey
Bailey Real Estate
List Price
$360,000
Sold Price
$340,000
Premium/Discount to List
-$20,000
-5.56%
Current Estimated Value
$695,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,597
Avg. Annual Appreciation
6.69%

Purchase Details

Closed on
Dec 20, 2004
Sold by
Dawson Dev Co Inc
Bought by
Deyoung Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,438
Interest Rate
5.66%
Source: Public Records

Range of Values:

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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
Knicely Holdings Llc $340,000 --
Deyoung Homes Inc $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deyoung Homes Inc $292,438
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2014 09/12/14 Sold $340,000 -5.6% $116 / Sq Ft
08/13/2014 08/13/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $360,000 -- $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 $6,413 $255,096 $52,000 $203,096
2024 $6,413 $261,512 $48,000 $213,512
2023 $6,187 $251,356 $40,000 $211,356
2022 $5,196 $164,260 $24,000 $140,260
2021 $4,536 $164,260 $24,000 $140,260
2020 $4,210 $152,444 $24,000 $128,444
2019 $4,350 $157,312 $16,000 $141,312
2018 $4,422 $159,896 $16,000 $143,896
2017 $4,014 $144,620 $16,000 $128,620
2016 $4,014 $144,620 $16,000 $128,620
2015 $3,781 $136,000 $18,080 $117,920
2014 $2,788 $105,296 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5322037

First Multiple Listing Service (FMLS)

APN: 168-324