NOT LISTED FOR SALE

5050 Arcanum Place Cumming, GA 30040

Estimated Value: $684,421 - $748,000

4 Beds
4 Baths
2,953 Sq Ft
$240/Sq Ft Est. Value

Last Sold June 23, 2015

Last sale price $351,000 $119 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,415/month

24 Days on Market

Highlights

  • Dining Room Seats More Than Twelve
  • Great Room
  • Library
  • Vickery Creek Middle School Rated A

About This Home

As of June 2015

This is a must see! Exceptionally maintained home in highly sought after location! Master on the main, master bath with double vanity and whirlpool tub, kitchen with granite countertops, double oven, gas range cooktop, built-in butler's pantry, walk-out to a covered patio w/ceiling fans & professionally landscaped backyard, waterfall with Koi pond, fire pit, custom built stone wall, fenced yard & very private. Office/study with glass French doors, plantation shutters on main floor, 3 nice size secondary bedrooms up! Close to GA-400 & plenty of shopping

Last Agent to Sell the Property

LINDA DIXON

Harry Norman Realtors License #320033 Listed on: 03/26/2015

Harry Norman Realtors

Last Buyer's Agent

Iliana ICEN

BHHS Georgia Properties License #209679

BHHS Georgia Properties

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,942

Year Built

  • 2006

Lot Details

  • 10,019

Home Design

  • Slab Foundation

Interior Spaces

  • 2,953 Sq Ft Home
  • Great Room
  • Dining Room Seats More Than Twelve
  • Library
  • Alarm System

Schools

  • Vickery Creek / Forsyth / Forsyth County Elementary And Middle School
  • West Forsyth / Forsyth / Forsyth County High School

Utilities

  • Gas Water Heater
  • Sewer in Street

Community Details

  • Property has a Home Owners Association

Property Details

Home Type

Other

Est. Annual Taxes

$5,942

Year Built

2006

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 2006

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Gas Starter
  • Basement: Slab/None
  • Equipment: Burglar Alarm
  • Kitchen Equipment: Dishwasher, Double Oven, Built-In Microwave
  • Interior Amenities: Cable In Street, Trey Ceilings, Ceilings 9 Ft Plus, Double Vanity, 2 Story Foyer, Entrance Foyer, Hardwood Floors, Pulldown Attic Stairs, Separate Shower, Walk-in Closet, Wall-to-wall Carpet
  • Laundry Type: Room
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Pantry, Solid Surface Counters
  • Above Grade Finished Sq Ft: 2953

Exterior Features

  • Construction: Brick 3 Sided
  • Exterior Features: Deck/Patio, Fenced Yard, Porch, Water Feature
  • Roof Type: Composition
  • Waterfront Frontage: 0

Garage/Parking

  • Parking: 2 Car, Auto Garage Door, Garage, Kitchen Level Entry

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central, Zoned/Dual
  • Heating Fuel: Gas
  • Heating: Zoned/Dual
  • Energy Features: Gas Water Heater
  • Water/Sewer: Public Water, Sewer In Street

Condo/Co-op/Association

  • HOA Fees: 520
  • HOA Fee Frequency: Annual

Association/Amenities

  • Amenities: Neighborhood Association, Street Lights

Fee Information

  • Initiation Fee: 130.0

Schools

  • Elementary School: Vickery Creek / Forsyth / Forsyth County, GA
  • Elementary Bus Line: Yes
  • High School: West Forsyth / Forsyth / Forsyth County, GA
  • High School Bus: Yes
  • Middle School: Vickery Creek / Forsyth / Forsyth County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Level Lot, Private Backyard
  • Lot Size: Less than 1/3 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2015
Closed on
Jun 23, 2015
Sold by
Denis Pierre M
Bought by
Denis Pierre M and Rollin Nathanlie C
Seller's Agent
LINDA DIXON
Harry Norman Realtors
Buyer's Agent
Iliana ICEN
BHHS Georgia Properties
List Price
$369,900
Sold Price
$351,000
Premium/Discount to List
-$18,900
-5.11%
Current Estimated Value
$709,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,855
Avg. Annual Appreciation
7.07%
Original Mortgage
$280,800
Outstanding Balance
$222,508
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$475,042

Purchase Details

Listed on
Dec 19, 2011
Closed on
Mar 28, 2012
Sold by
Hollis Michael
Bought by
Monette Neil W and Monette Rachel A
Seller's Agent
CYNTHIA KOMAR
NOT A VALID MEMBER
Buyer's Agent
LINDA DIXON
NOT A VALID MEMBER
List Price
$300,000
Sold Price
$280,000
Premium/Discount to List
-$20,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$238,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2006
Sold by
Comstock Homes Of Atlanta Llc
Bought by
Hollis Beverly
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Denis Pierre M -- --
Denis Pierre M $351,000 --
Monette Neil W $280,000 --
Hollis Michael -- --
Hollis Beverly $343,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denis Pierre M $280,800
Previous Owner Hollis Michael $238,000
Previous Owner Hollis Beverly C $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2015 06/23/15 Sold $351,000 0.0% $119 / Sq Ft
06/23/2015 06/23/15 Sold $351,000 -5.1% $119 / Sq Ft
05/01/2015 05/01/15 Pending -- -- --
04/20/2015 04/20/15 Pending -- -- --
03/26/2015 03/26/15 For Sale $369,900 +32.1% $125 / Sq Ft
03/28/2012 03/28/12 Sold $280,000 -6.7% $105 / Sq Ft
02/24/2012 02/24/12 Pending -- -- --
12/19/2011 12/19/11 For Sale $300,000 -- $113 / Sq Ft
Source: Georgia MLS

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 $5,942 $242,332 $64,000 $178,332
2023 $5,987 $243,220 $56,000 $187,220
2022 $4,709 $155,444 $32,000 $123,444
2021 $4,292 $155,444 $32,000 $123,444
2020 $4,143 $150,016 $32,000 $118,016
2019 $3,831 $138,548 $32,000 $106,548
2018 $4,001 $144,680 $32,000 $112,680
2017 $3,792 $136,644 $30,000 $106,644
2016 $3,515 $126,644 $20,000 $106,644
2015 $3,128 $122,324 $20,000 $102,324
2014 -- $113,376 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07425060

Georgia MLS

APN: 081-384