NOT LISTED FOR SALE

5040 Kings Common Way Cumming, GA 30040

Estimated Value: $542,000 - $626,227

3 Beds
3 Baths
3,728 Sq Ft
$153/Sq Ft Est. Value

Last Sold July 29, 2020

Last sale price $325,000 $87 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,756/month

278 Days on Market

Highlights

  • Open-Concept Dining Room
  • Craftsman Architecture
  • Deck
  • Vickery Creek Middle School Rated A
  • Clubhouse
  • Oversized primary bedroom

About This Home

As of July 2020

Come see this Immaculate ranch, open floor plan and move in ready in highly sought after Kingswood Subdivision. You will be delighted with the custom features of this home. Main level has beautiful master suite and bath with whirlpool tub, double vanities plus one additional BR on main. Hardwood floors and FP in great room. Gourmet kitchen has hardwood and black appliances. Sun room boasts tons of natural light and tile floor. Spacious Terrace level has a wonderful in-law/teen suite, full bath plus multi purpose room and abundance of storage.

Last Agent to Sell the Property

Pam Fredebeil

Birch River Realty, LLC. License #321936 Listed on: 09/28/2019

Last Buyer's Agent

Toni L'Hommedieu

Coldwell Banker Realty License #349140

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $784

Year Built

  • Built in 2005

Lot Details

  • 0.35 Acre Lot
  • Private Entrance
  • Landscaped
  • Level Lot
  • Front Yard

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Craftsman Architecture
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Brick Front

Interior Spaces

  • 3,728 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 10 feet on the lower level
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Plantation Shutters
  • Private Rear Entry
  • Entrance Foyer
  • Great Room with Fireplace
  • Open-Concept Dining Room
  • Breakfast Room
  • Home Office
  • Library
  • Bonus Room
  • Sun or Florida Room
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • 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
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 104 305

Community Details

Overview

  • $750 Initiation Fee
  • Homeowner Mgmt Services Association, Phone Number (770) 667-0595
  • Secondary HOA Phone (770) 667-0595
  • Kingswood Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$784

Year Built

Built in 2005

Lot Details

0

HOA Fees

$140 per month

Parking

2

Listing Details

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

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Factory Built, Gas Log, Gas Starter, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Disappearing Attic Stairs, Entrance Foyer, High Ceilings 9 ft Main, High Ceilings 10 ft Lower, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Kitchen Island, Pantry, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Den, Great Room - 1 Story, Library, Office, Sun Room
  • Dining Room Features: Great Room, Open Concept
  • Square Footage: 3728.00
  • Spa Features: None
  • Window Features: Insulated Windows, Plantation Shutters

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: In-Law Suite/Apartment, Master on Main, Oversized Master
  • Lower Bedrooms: 1
  • Main Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Construction Materials: Brick Front, Frame
  • Roof Type: Composition, Shingle
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Exterior Features: Private Front Entry, Private Rear Entry

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage, Garage Door Opener, Garage Faces Front, Kitchen Level, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities
  • Electric: 220 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Reserve Fund, Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Homeowners Assoc, Pool, Street Lights, Tennis Court(s)
  • Association Fee: 140
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Hoa Contact Phone: 770-667-0595
  • Management Company Email: hms@hms-inc.net
  • Management Phone: 770-667-0595
  • Subdivision Complex: Kingswood

Association/Amenities

  • Management Company: Homeowner Mgmt Services

Schools

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

Lot Info

  • Acres: 0.3500
  • Lot: 28
  • Section G M D: 2
  • Deed Book: 8713
  • Deed Page: 0199
  • Lot Features: Front Yard, Landscaped, Level
  • Parcel Number: 104 305
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 750

Tax Info

  • Taxes: 784.00
  • Assessor Parcel Number: 104-000-305
  • Additional Assessor Parcel Numbers: 104 305
  • Close Date: 2020-07-29
  • Tax Year: 2018

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
Sep 28, 2019
Closed on
Jul 30, 2020
Sold by
Fredebeil Pamela S
Bought by
Brown Stephanie F and Brown Michael T
Seller's Agent
Pam Fredebeil
Birch River Realty, LLC.
Buyer's Agent
Toni L'Hommedieu
Coldwell Banker Realty
List Price
$359,900
Sold Price
$325,000
Premium/Discount to List
-$34,900
-9.7%
Total Days on Market
278
Current Estimated Value
$569,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,807
Avg. Annual Appreciation
12.27%
Original Mortgage
$125,000
Outstanding Balance
$67,452
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$502,355

Purchase Details

Closed on
Sep 11, 2018
Sold by
Thomas Laquita C
Bought by
Fredebeil Pamela S and S L Thomas Irrev Trust

Purchase Details

Closed on
May 15, 2006
Sold by
Pulte Home Corp
Bought by
Thomas Ronald M and Thomas Laquita C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.39%
Mortgage Type
New Conventional
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
Brown Stephanie F $325,000 --
Fredebeil Pamela S -- --
Thomas Ronald M $277,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Stephanie F $125,000
Previous Owner Thomas Laquita $62,000
Previous Owner Thomas Laquita C $44,000
Previous Owner Thomas Ronald M $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2020 07/29/20 Sold $325,000 -5.8% $87 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
12/01/2019 12/01/19 Price Changed $344,900 -1.4% $93 / Sq Ft
11/08/2019 11/08/19 Price Changed $349,900 -2.8% $94 / Sq Ft
09/28/2019 09/28/19 For Sale $359,900 -- $97 / 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 $5,157 $240,212 $56,000 $184,212
2023 $4,290 $210,752 $47,200 $163,552
2022 $4,361 $130,000 $30,640 $99,360
2021 $3,500 $130,000 $30,640 $99,360
2020 $585 $151,908 $36,000 $115,908
2019 $763 $143,528 $36,000 $107,528
2018 $784 $145,308 $32,000 $113,308
2017 $782 $133,752 $32,000 $101,752
2016 $763 $120,032 $24,000 $96,032
2015 $751 $112,032 $16,000 $96,032
2014 $695 $100,132 $16,000 $84,132
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6624210

First Multiple Listing Service (FMLS)

APN: 104-305