NOT LISTED FOR SALE

5050 Otter Creek Run Cumming, GA 30040

Estimated Value: $503,246 - $577,000

4 Beds
2.5 Baths
1,837 Sq Ft
$286/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $460,000 $250 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,153/month

4 Days on Market

Highlights

  • Deck
  • Private Lot
  • Traditional Architecture
  • DeSana Middle School Rated A
  • Wooded Lot
  • Wood Flooring

About This Home

As of June 2022

THIS IS IT! Amazing House on a corner lot and very private. This house has a great open floorplan. The kitchen is ideal for anyone that loves to cook. It has a breakfast bar and a view to the family room. You can use the dining room for an office as it already has a breakfast room. The two story family room is perfect for relaxing while watching TV and having a fire. The over size master is on the main level and has a view to the back yard. The upstairs has three additional large bedrooms and a full bathroom. The back deck is large enough for any cookout and is wooded enough for privacy. The side garage enables the driveway to fit lots of cars and there is a firepit to sit by and roast marshmallows. The community has a pool and tennis courts. You are located near anything you may need. Restaurants, shopping, expressway, schools, parks and The Collections. OPEN HOUSE SATURDAY 5/21/2022 12:00- 3:00 PM

Last Agent to Sell the Property

Nancy Ryan

Virtual Properties Realty.com License #294154 Listed on: 05/18/2022

Virtual Properties Realty.com

Last Buyer's Agent

Jill Maxon

Keller Williams Realty Consultants License #357790

Keller Williams Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,905

Year Built

  • Built in 1995

Lot Details

  • 0.46 Acre Lot
  • Private Lot
  • Corner Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Brick Front

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry in Mud Room
  • Laundry Room

Parking

  • Garage
  • Parking Accessed On Kitchen Level
  • Side or Rear Entrance to Parking

Outdoor Features

  • Deck

Location

  • Property is near schools
  • Property is near shops

Schools

  • Midway Elementary School
  • Desana Middle School
  • Denmark High School

Utilities

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

Community Details

Overview

  • Association fees include swimming, tennis
  • Shiloh Creek Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,905

Year Built

Built in 1995

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • ArchitecturalStyle: Brick Front, Traditional
  • Main Level Half Bathrooms: 1
  • Electric: 220 Volts
  • Financing Type: Conventional 90%
  • Levels: Two
  • Lot Size Acres: .46
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Bedrooms: 4
  • Dining Room Features: Separate Room
  • Basement: None
  • Interior Amenities: Two Story Foyer, Walk-In Closet(s), Master On Main Level
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Family Room
  • Flooring: Hardwood, Carpet, Vinyl
  • Kitchen Features: Breakfast Bar, Breakfast Room, Pantry
  • Window Features: Double Pane Windows

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Bedroom Main Level: 1

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Other
  • Foundation Details: Slab
  • Lot Features: Corner Lot, Level, Private
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage, Kitchen Level, Side/Rear Entrance

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Central, Forced Air
  • Laundry Features: In Mud Room
  • Security Features: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Underground Utilities, Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 400
  • Association: Yes
  • Community Features: Pool, Sidewalks, Street Lights, Tennis Court(s), Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: Swimming, Tennis

Schools

  • Elementary School: Midway
  • High School: Denmark
  • High School Bus: Yes
  • Middle School: Desana
  • Middle School Bus: Yes
  • Elementary School: Midway
  • Middle School: Desana
  • High School: Denmark

Lot Info

  • Plat Book: 8448
  • Plat Page: 563

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2905

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jun 17, 2022
Sold by
5050 Otter Creek Llc
Bought by
Foster Daniel C
Seller's Agent
Nancy Ryan
Virtual Properties Realty.com
Buyer's Agent
Jill Maxon
Keller Williams Realty Consultants
List Price
$445,000
Sold Price
$460,000
Premium/Discount to List
$15,000
3.37%
Current Estimated Value
$524,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,812
Avg. Annual Appreciation
4.05%
Original Mortgage
$368,000
Outstanding Balance
$350,153
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$174,659

Purchase Details

Closed on
Dec 20, 2017
Sold by
Robert Duffie
Bought by
5050 Otter Creek Llc

Purchase Details

Closed on
Apr 29, 2014
Sold by
Ganio Bethann
Bought by
Duffie Robert

Purchase Details

Closed on
Aug 28, 1995
Sold by
Peachland Homes Inc
Bought by
Ganio Steven Bethann

Purchase Details

Closed on
Dec 14, 1994
Sold by
Hills Shiloh
Bought by
Whiting 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
$90,000
Interest Rate
9.07%
Mortgage Type
Construction
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
Foster Daniel C $460,000 None Listed On Document
5050 Otter Creek Llc -- --
Duffie Robert $10,000 --
Ganio Steven Bethann $129,800 --
Whiting Homes Inc $26,500 --
Peachland Homes Inc $26,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Daniel C $368,000
Previous Owner Peachland Homes Inc $90,000
Previous Owner Peachland Homes Inc $20,395
Closed Ganio Steven Bethann $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2022 06/17/22 Sold $460,000 +3.4% $250 / Sq Ft
05/22/2022 05/22/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $445,000 -- $242 / 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
2025 $4,040 $187,916 $60,000 $127,916
2024 $4,040 $184,520 $60,000 $124,520
2023 $3,289 $162,516 $60,000 $102,516
2022 $3,468 $105,212 $40,000 $65,212
2021 $2,905 $105,212 $40,000 $65,212
2020 $2,618 $94,792 $30,000 $64,792
2019 $2,435 $88,052 $30,000 $58,052
2018 $2,359 $85,312 $30,000 $55,312
2017 $2,222 $80,060 $30,000 $50,060
2016 $2,055 $74,060 $24,000 $50,060
2015 $1,948 $70,060 $20,000 $50,060
2014 $1,636 $65,884 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10049212

Georgia MLS

APN: 062-088