NOT LISTED FOR SALE

5055 New Chapel Hill Way Cumming, GA 30041

Estimated Value: $739,000 - $817,000

5 Beds
4.5 Baths
4,960 Sq Ft
$159/Sq Ft Est. Value

Last Sold September 01, 2022

Last sale price $740,000 $149 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,589/month

51 Days on Market

Highlights

  • Home Theater
  • 1.17 Acre Lot
  • Private Lot
  • Haw Creek Elementary School Rated A
  • Dining Room Seats More Than Twelve
  • Wooded Lot

About This Home

As of September 2022

ELEGANTLY APPOINTED CUSTOM RANCH IN HIGHLY DESIRABLE PRINCETON SQUARE! Located on a Wooded and Level 1.17 Acre cul-de-sac lot! ORIGINAL OWNERS have taken GREAT Pride in their home and it shows Throughout! ENTRY Foyer opens to the Dining Room and Family Room with Fireplace and Coffered Ceiling. SECLUDED MASTER SUITE on the MAIN Level with SPA-Like Master BATH and Oversized Closet. REAL Hardwoods throughout the Main level are NEW! A True GOURMET Kitchen has been renovated to include SS Appliances, White Cabinets and HIGH END Granite Countertops! COZY Breakfast room has a wall of CUSTOM Shelving and opens to the SCREENED BACK PORCH! What a GREAT spot to relax and enjoy NATURE! Main level secondary bedrooms are oversized by 2a (custom build) and share Jack and Jill Bath! BONUS/IN-LAW Suite up with Full Bedroom and Bath! PROFESSIONALLY designed and finished TERRACE Level includes Billiard Room, Family Room, Home Theatre, Game Room, Recreational area, FULL Bedroom and BATH! Unfinished Storage/Shop has double doors to the Back yard! DO NOT MISS the Terrace Level DECK with Fire Pit! NEW HVAC systems (3). New 6a gutters. Roof is 5 years old! WALK to AWARD Winning Schools! Just minutes from GA400, Northside Hospital-Forsyth, Shopping and So much MORE! MUST SEE TO APPRECIATE!

Last Agent to Sell the Property

Debbie and Tara Team

Keller Williams Realty Atl. Partners License #278849 Listed on: 06/09/2022

Keller Williams Realty Atl. Partners

Last Buyer's Agent

Michele Kaplan

Keller Williams Realty Atl. Partners License #371714

Keller Williams Realty Atl. Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,692

Year Built

  • Built in 2001

Lot Details

  • 1.17 Acre Lot
  • Back Yard Fenced
  • Private Lot
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Garden

HOA Fees

  • $55 Monthly HOA Fees

Home Design

  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 2-Story Property
  • Roommate Plan
  • Home Theater Equipment
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library
  • Loft
  • Game Room
  • Sun or Florida Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Room
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Soaking Tub
  • Bathtub Includes Tile Surround
  • Separate Shower

Laundry

  • Laundry in Mud Room
  • Laundry Room

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Boat door in Basement
  • Finished Basement Bathroom
  • Natural lighting in basement

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Full Bathroom
  • Property is near schools

Listing and Financial Details

  • Tax Lot 154

Community Details

Overview

  • $260 Initiation Fee
  • Association fees include swimming, tennis
  • Princeton Square Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,692

Year Built

Built in 2001

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Property Type: Residential
  • District: 14TH
  • Year Built: 2001
  • Main Level Half Bathrooms: 1
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: 1.17
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 4960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Microwave, Oven/Range (Combo), Stainless Steel Appliance(s)
  • Bedrooms: 5
  • Dining Room Features: Seats 12+, Separate Room
  • Basement: Bath Finished, Boat Door, Daylight, Interior Entry, Exterior Entry, Finished, Full
  • Below Grade Finished Sq Ft: 2288
  • Total Finished Sq Ft: 2672
  • Above Grade Finished Sq Ft: 2672
  • Interior Amenities: Bookcases, High Ceilings, Double Vanity, Soaking Tub, Separate Shower, Tile Bath, Walk-In Closet(s), In-Law Floorplan, Master On Main Level, Roommate Plan, Split Bedroom Plan
  • Accessibility Features: Accessible Full Bath
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Gas Starter, Gas Log
  • Flooring: Hardwood, Carpet
  • Kitchen Features: Breakfast Area, Breakfast Bar, Breakfast Room, Pantry, Walk-in Pantry
  • Other Equipment: Home Theater
  • Price Per Square Foot: 149.19

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Bedroom Lower Level: 1
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Concrete
  • ExteriorFeatures: Garden, Sprinkler System
  • Fencing: Back Yard
  • Lot Features: Level, Private
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage Door Opener, Garage, Kitchen Level, Side/Rear Entrance
  • ParkingTotal: 2

Utilities

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

Condo/Co-op/Association

  • Annual Association Fee: 661
  • Association: Yes
  • Community Features: Playground, Pool, Sidewalks, Street Lights, Tennis Court(s), Walk To Schools

Fee Information

  • Initiation Fee: 260
  • Association Fee Includes: Swimming, Tennis

Schools

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

Lot Info

  • Land Lot: 164
  • Lot: 154
  • Plat Book: 67
  • Plat Page: 207

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4692.5

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Sep 1, 2022
Sold by
Smith Jr Benjamin C
Bought by
Muller John S and Muller Beverly C
Seller's Agent
Debbie and Tara Team
Keller Williams Realty Atl. Partners
Buyer's Agent
Michele Kaplan
Keller Williams Realty Atl. Partners
List Price
$775,000
Sold Price
$740,000
Premium/Discount to List
-$35,000
-4.52%
Total Days on Market
51
Views
2
Current Estimated Value
$787,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,408
Avg. Annual Appreciation
2.25%

Purchase Details

Closed on
Feb 21, 2002
Sold by
Hms Bt Brumby At Princeton Sq Ll
Bought by
Smith Benjamin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2001
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
$197,000
Interest Rate
6.89%
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
Muller John S $740,000 --
Muller John S $740,000 --
Smith Benjamin C $277,700 --
Hms By Brumby/Princeton Sq Llc $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Benjamin C $188,500
Previous Owner Smith Benjamin C $201,000
Previous Owner Smith Benjamin C $200,000
Previous Owner Hms By Brumby/Princeton Sq Llc $197,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $740,000 -1.3% $149 / Sq Ft
07/30/2022 07/30/22 Pending -- -- --
07/18/2022 07/18/22 Price Changed $750,000 -3.2% $151 / Sq Ft
06/09/2022 06/09/22 For Sale $775,000 -- $156 / 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 $1,620 $282,792 $60,000 $222,792
2023 $1,508 $267,868 $60,000 $207,868
2022 $4,754 $169,932 $36,000 $133,932
2021 $4,201 $169,932 $36,000 $133,932
2020 $4,081 $164,120 $36,000 $128,120
2019 $3,952 $157,588 $32,000 $125,588
2018 $3,732 $146,216 $28,000 $118,216
2017 $3,590 $138,820 $28,000 $110,820
2016 $3,548 $136,820 $26,000 $110,820
2015 $3,401 $129,580 $24,000 $105,580
2014 $2,981 $117,132 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Debbie and Tara Team

    Seller's Agent in 2022

    Debbie and Tara Team

    Keller Williams Realty Atl. Partners

    (404) 642-1070

    34 in this area

    98 Total Sales

    Debbie and Tara Team
    Section Image

  • M

    Buyer's Agent in 2022

    Michele Kaplan

    Keller Williams Realty Atl. Partners

    1 in this area

    57 Total Sales

    Michele Kaplan
    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 10057637

Georgia MLS

APN: 226-208

Georgia Forsyth County Cumming 30041

5055 New Chapel Hill Way, Cumming, GA

This home is located at 5055 New Chapel Hill Way, Cumming, GA 30041 since 09 June 2022 and is currently estimated at $787,408, approximately $158 per square foot. This property was built in 2001. 5055 New Chapel Hill Way is a home located in Forsyth County with nearby schools including Haw Creek Elementary School, Lakeside Middle School, and South Forsyth High School.

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