NOT LISTED FOR SALE

5040 Wilshire Crossing Cumming, GA 30040

Estimated Value: $714,000 - $863,000

5 Beds
5 Baths
4,882 Sq Ft
$167/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $455,000 $93 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,230/month

5 Days on Market

Highlights

  • Home Theater
  • Separate his and hers bathrooms
  • Craftsman Architecture
  • Kelly Mill Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Dining Room Seats More Than Twelve

About This Home

As of May 2019

Exquisite Custom Built Craftsman Style home.West Forsyth District.Gourmet Kitchen w/Stainless Steel appliances,Granite Counters,Deep Custom Stained Cabinets,Open Flr Plan,DoubleOven.Elegant MasterSuite w/Sitting Area,Fireplace,MasterSPAbathrm W/TWO Walkin Closets,LRGE MediaRM w/Built-in Screen,Projector&Kitchenette.UPSTAIRS Guest/Teen Suite recently Renovated;Bonus Room on main w/Elegant Custom Designed Hanging Bed,Full Bathroom on main flr.Spacious Backyard Oasis.Walkable to West Forsyth HS,Club House tennis courts/pool. Meticulously Maintained!PHOTOS Virtually Staged.

Last Listed By

Yvette Kwak

HomeSmart License #344129 Listed on: 04/02/2019

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,131

Year Built

  • Built in 2011

Lot Details

  • 0.41 Acre Lot
  • Landscaped
  • Corner Lot
  • Level Lot
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $73 Monthly HOA Fees

Parking

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

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Brick Front

Interior Spaces

  • 4,882 Sq Ft Home
  • 3-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the lower level
  • Ceiling Fan
  • Factory Built Fireplace
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Loft
  • Bonus Room
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Dual Closets
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer

Outdoor Features

  • Covered patio or porch

Location

  • Property is near schools
  • Property is near shops

Schools

  • Kelly Mill Elementary School
  • Vickery Creek Middle School
  • West Forsyth High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidity Control
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 056 273

Community Details

Overview

  • $880 Initiation Fee
  • Hms Association, Phone Number (770) 667-0595
  • Secondary HOA Phone (770) 667-6595
  • Telfair Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,131

Year Built

Built in 2011

Lot Details

0

HOA Fees

$73 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: 2011
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Factory Built, Family Room, Living Room, Master Bedroom
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Double Oven, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Washer
  • Interior Amenities: Double Vanity, Entrance Foyer 2 Story, High Ceilings 9 ft Lower, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry Walk-In
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Living Room, Loft, Media Room, Office, Sun Room, Other
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 4882.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Sitting Room
  • Total Bathrooms: 5
  • Total Full Baths: 5
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Composition
  • Patio And Porch Features: Covered
  • Exterior Features: Private Yard

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump, Humidity Control, Zoned
  • Heating: Central, Electric, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Water Available
  • Electric: 220 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Homeowners Assoc, Near Schools, Near Shopping, Playground, Pool, Street Lights, Tennis Court(s)
  • Association Fee: 880
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-667-0595
  • Management Company Email: hmsehms-inc.net
  • Management Phone: 770-667-6595
  • Subdivision Complex: Telfair

Association/Amenities

  • Management Company: HMS

Schools

  • Elementary School: Kelly Mill
  • Middle School: Vickery Creek
  • High School: West Forsyth

Lot Info

  • Acres: 0.4100
  • Lot: 47
  • Land/Lot: 1286
  • Section G M D: 1
  • Plat Book: 113
  • Lot Features: Back Yard, Corner Lot, Front Yard, Landscaped, Level
  • Lot Dimensions: x
  • Parcel Number: 056 273
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 880

Tax Info

  • Taxes: 5131.00
  • Assessor Parcel Number: 056-000-273
  • Close Date: 2019-05-15
  • Tax Year: 2018

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Kelly Mill
  • High School: West Forsyth
  • Middle School: Vickery Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2019
Closed on
May 15, 2019
Sold by
Zhang Wei
Bought by
Smith Le Kevin Jarmel
Seller's Agent
Yvette Kwak
HomeSmart
Buyer's Agent
Julie Beaucaire
Southern Classic Realtors
List Price
$460,000
Sold Price
$455,000
Premium/Discount to List
-$5,000
-1.09%
Total Days on Market
5
Current Estimated Value
$813,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,359
Avg. Annual Appreciation
9.63%
Original Mortgage
$432,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2014
Sold by
Bk Residential Constructio
Bought by
Zhang Wei and Han Baosheng

Purchase Details

Closed on
Nov 16, 2010
Sold by
Gdci Ga I Lp
Bought by
Bk Residential Const Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$741,600
Interest Rate
4.33%

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
Smith Le Kevin Jarmel $455,000 --
Zhang Wei $430,000 --
Bk Residential Const Llc $166,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Lekevin Jarmel $430,000
Closed Smith Le Kevin Jarmel $432,250
Previous Owner Bk Residential Construction Ll $149,381
Previous Owner Bk Residential Const Llc $741,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2019 05/15/19 Sold $455,000 -1.1% $93 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $460,000 -- $94 / 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 $7,249 $295,600 $64,000 $231,600
2023 $6,865 $278,920 $60,000 $218,920
2022 $5,920 $182,740 $34,000 $148,740
2021 $5,046 $182,740 $34,000 $148,740
2020 $4,820 $174,548 $34,000 $140,548
2019 $4,792 $173,280 $34,000 $139,280
2018 $5,131 $185,532 $34,000 $151,532
2017 $4,579 $164,976 $34,000 $130,976
2016 $4,479 $161,376 $30,400 $130,976
2015 $4,487 $161,376 $30,400 $130,976
2014 $3,903 $147,416 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6528214

First Multiple Listing Service (FMLS)

APN: 056-273