NOT LISTED FOR SALE

5040 St Simons Ln Cumming, GA 30040

Estimated Value: $466,000 - $529,000

3 Beds
2 Baths
2,462 Sq Ft
$202/Sq Ft Est. Value

Last Sold June 03, 2015

Last sale price $235,000 $95 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,940/month

Highlights

  • Private Lot
  • Ranch Style House
  • Great Room
  • Sawnee Elementary School Rated A
  • Sun or Florida Room
  • Stone Countertops

About This Home

As of June 2015

Beautiful ranch home located in sought after West Forsyth neighborhood of Summer Walk.. Located on a cul-de-sac, this home has a private backyard that is fenced and a beautiful yard. Features separate living and dining rooms with updated kitchen and bathrooms. You are going to love this home!

Last Agent to Sell the Property

WADE MORRIS

Southern Classic Realtors License #251786 Listed on: 04/17/2015

Southern Classic Realtors

Co-Listed By

Becky Veal

EXP Realty, LLC. License #158406

Last Buyer's Agent

Mark Spain

Mark Spain Real Estate License #178501

Mark Spain Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,970

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 275 x 22 x 215 x 214
  • Fenced
  • Private Lot
  • Level Lot

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 2,462 Sq Ft Home
  • Roommate Plan
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Sun or Florida Room
  • Security System Leased
  • Laundry in Hall

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Sawnee Elementary School
  • Liberty - Forsyth Middle School
  • West Forsyth High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Septic Tank

Community Details

  • Summer Walk Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 032 171

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,970

Year Built

Built in 1996

Lot Details

0

HOA Fees

$19 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Traditional
  • Property Condition: Resale
  • Year Built: 1996
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Factory Built, Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Tankless Water Heater
  • Interior Amenities: High Ceilings 9 ft Main
  • Kitchen Features: Breakfast Room, Cabinets Other, Eat-in Kitchen, Pantry, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Office, Sun Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2462.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Roommate Floor Plan
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Other Structures: Outbuilding
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Patio

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security System Leased
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Hall

Condo/Co-op/Association

  • Association Fee: 225
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Summer Walk

Schools

  • Elementary School: Sawnee
  • Middle School: Liberty - Forsyth
  • High School: West Forsyth

Lot Info

  • Lot: 29
  • Deed Book: 4204
  • Deed Page: 233
  • Lot Features: Level, Private
  • Lot Dimensions: 275 X 22 X 215 X 214
  • Parcel Number: 032 171
  • Property Attached Yn: No

Tax Info

  • Taxes: 1970.00
  • Assessor Parcel Number: 032-000-171
  • Close Date: 2015-06-03
  • Tax Year: 2014

MLS Schools

  • Elementary School: Sawnee
  • High School: West Forsyth
  • Middle School: Liberty - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2015
Closed on
Jun 3, 2015
Sold by
Scott Leslie A
Bought by
Padilla Vernonica and Padilla Juan
Seller's Agent
WADE MORRIS
Southern Classic Realtors
Buyer's Agent
Mark Spain
Mark Spain Real Estate
Sold Price
$235,000
Current Estimated Value
$498,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,143
Avg. Annual Appreciation
7.55%

Purchase Details

Closed on
Mar 16, 2006
Sold by
Harris Susan G and Harris Patrick M
Bought by
Scott Leslie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2001
Sold by
Harris Susan G and Harris Patrick M
Bought by
Harris Susan G and Harris Patrick M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,500
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 7, 1996
Sold by
Cherokee Homeslp
Bought by
Harris Susan Patrick
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
Padilla Vernonica $235,000 --
Scott Leslie A $225,000 --
Harris Susan G -- --
Harris Susan Patrick $143,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scott Leslie A $180,000
Previous Owner Harris Susan G $26,500
Previous Owner Harris Susan G $141,600
Closed Harris Susan Patrick $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2015 06/03/15 Sold $235,000 +17976.9% $95 / Sq Ft
05/09/2015 05/09/15 Pending -- -- --
04/12/2012 04/12/12 Rented $1,300 0.0% --
04/12/2012 04/12/12 For Rent $1,300 -- --
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 $3,364 $187,476 $56,000 $131,476
2024 $3,364 $164,208 $52,000 $112,208
2023 $2,954 $161,220 $52,000 $109,220
2022 $3,274 $123,756 $28,000 $95,756
2021 $3,061 $123,756 $28,000 $95,756
2020 $2,807 $111,456 $26,000 $85,456
2019 $2,722 $107,152 $24,000 $83,152
2018 $2,475 $94,884 $24,000 $70,884
2017 $2,363 $89,152 $22,000 $67,152
2016 $2,276 $85,152 $18,000 $67,152
2015 $2,378 $85,540 $18,000 $67,540
2014 -- $74,412 $18,000 $56,412
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5526817

First Multiple Listing Service (FMLS)

APN: 032-171