NOT LISTED FOR SALE

5050 Princeton Trace Cumming, GA 30041

Estimated Value: $649,125 - $841,000

5 Beds
4.5 Baths
2,333 Sq Ft
$314/Sq Ft Est. Value

Last Sold August 23, 2016

Last sale price $363,000 $156 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,669/month

53 Days on Market

Highlights

  • Second Kitchen
  • 1.22 Acre Lot
  • Clubhouse
  • Haw Creek Elementary School Rated A
  • Dining Room Seats More Than Twelve
  • Deck

About This Home

As of August 2016

Beautiful two story with finished basement on coner lot of cul-de-sac. Lots of natural light and beautiful Master suite on main with guest bedroom/office. 3 additional bedrooms on upper level. Finished Kitchenette, game room, full bathroom and two additional rooms to use as needed. In private community with pool.

Last Agent to Sell the Property

Cindy Young

Keller Williams Rlty, First Atlanta License #283920 Listed on: 06/06/2016

Keller Williams Rlty, First Atlanta

Last Buyer's Agent

LISA ALLEN

Keller Williams Rlty Consultants License #302186

Keller Williams Rlty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,807

Year Built

  • Built in 2002

Lot Details

  • 1.22 Acre Lot
  • Cul-De-Sac
  • Private Lot
  • Corner Lot
  • Wooded Lot
  • Garden

HOA Fees

  • $50 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Cement Siding
  • Brick Front

Interior Spaces

  • 2-Story Property
  • Ceiling height of 10 feet on the upper level
  • Ceiling Fan
  • Gas Log Fireplace
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Computer Room
  • Bonus Room
  • Home Gym
  • Fire and Smoke Detector

Kitchen

  • Second Kitchen
  • Open to Family Room
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry in Mud Room
  • Laundry Room

Finished Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Haw Creek Elementary School
  • Lakeside - Forsyth Middle School
  • South Forsyth High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 226 220

Community Details

Overview

  • Princeton Square Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,807

Year Built

Built in 2002

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2002
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Microwave, Self Cleaning Oven
  • Interior Amenities: Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 10 ft Upper, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Finished, Full
  • Kitchen Features: Breakfast Room, Cabinets Stain, Pantry, Second Kitchen, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Computer Room, Exercise Room, Great Room - 1 Story
  • Dining Room Features: Seats 12+, Separate Dining Room

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main
  • Main Bedrooms: 2
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Patio And Porch Features: Deck, Front Porch
  • Exterior Features: Garden

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Natural Gas, Zoned
  • Laundry Features: Laundry Room, Mud Room
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Clubhouse, Homeowners Assoc, Pool
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Princeton Square

Schools

  • Elementary School: Haw Creek
  • Middle School: Lakeside - Forsyth
  • High School: South Forsyth

Lot Info

  • Acres: 1.2200
  • Deed Book: 4864
  • Deed Page: 759
  • Lot Features: Corner Lot, Cul-De-Sac, Private, Wooded
  • Parcel Number: 226 220
  • Property Attached Yn: No

Tax Info

  • Taxes: 3807.00
  • Assessor Parcel Number: 226-000-220
  • Close Date: 2016-08-23
  • Tax Year: 2015

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Haw Creek
  • High School: South Forsyth
  • Middle School: Lakeside - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2016
Sold by
Hp Georgia I Llc
Bought by
Hpa Borrower 2016 2 Ml Llc
Total Days on Market
53
Current Estimated Value
$733,031

Purchase Details

Listed on
Jun 6, 2016
Closed on
Aug 23, 2016
Sold by
Christopher J
Bought by
Hp Georgia I Llc
Seller's Agent
Cindy Young
Keller Williams Rlty, First Atlanta
Buyer's Agent
LISA ALLEN
Keller Williams Rlty Consultants
List Price
$380,000
Sold Price
$363,000
Premium/Discount to List
-$17,000
-4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%

Purchase Details

Closed on
Aug 13, 2007
Sold by
Bonsall John A and Bonsall Jill A
Bought by
Mclaughlin Christopher J and Mclaughlin Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2005
Sold by
Scollard Christa M and Scollard Joseph E
Bought by
Bonsall John A and Bonsall Jill A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,720
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2003
Sold by
Hms By Brumby At Princeton Sq Ll
Bought by
Scollard Christa M and Scollard Joesph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,480
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2002
Sold by
Echols Development Co Llc
Bought by
Hms By Brumby/Princeton Sq Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,400
Interest Rate
7.12%
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
Hpa Borrower 2016 2 Ml Llc -- --
Hp Georgia I Llc $363,000 --
Mclaughlin Christopher J $360,000 --
Bonsall John A $335,900 --
Scollard Christa M $261,900 --
Hms By Brumby/Princeton Sq Llc $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mclaughlin Christopher J $143,094
Previous Owner Mclaughlin Christopher J $160,000
Previous Owner Bonsall John A $25,435
Previous Owner Bonsall John A $268,720
Previous Owner Scollard Christa M $68,900
Previous Owner Scollard Christa M $209,480
Previous Owner Hms By Brumby/Princeton Sq Llc $191,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2019 01/15/19 Rented $2,495 0.0% --
12/20/2018 12/20/18 Price Changed $2,495 -7.4% $1 / Sq Ft
11/27/2018 11/27/18 Price Changed $2,695 -5.3% $1 / Sq Ft
08/23/2018 08/23/18 For Rent $2,845 0.0% --
08/23/2016 08/23/16 Sold $363,000 -1.9% $156 / Sq Ft
07/30/2016 07/30/16 Pending -- -- --
07/21/2016 07/21/16 Price Changed $370,000 -1.3% $159 / Sq Ft
06/25/2016 06/25/16 Price Changed $375,000 -1.3% $161 / Sq Ft
06/06/2016 06/06/16 For Sale $380,000 -- $163 / 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 $6,280 $256,096 $60,000 $196,096
2023 $5,872 $238,552 $60,000 $178,552
2022 $5,258 $163,632 $36,000 $127,632
2021 $4,548 $163,632 $36,000 $127,632
2020 $4,353 $157,652 $36,000 $121,652
2019 $4,221 $152,628 $32,000 $120,628
2018 $3,962 $143,284 $28,000 $115,284
2017 $4,030 $145,200 $39,040 $106,160
2016 $4,022 $144,916 $39,000 $105,916
2015 $3,808 $136,956 $36,000 $100,956
2014 $3,417 $129,056 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5701851

First Multiple Listing Service (FMLS)

APN: 226-220