$267,000
SOLD MAY 6, 2019

5065 Rialto Way Cumming, GA 30040

4 Beds
2.5 Baths
2,616 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$102 Per Sq Ft

5% Below List Price

30 Days on Market

Highlights

  • Fitness Center
  • ENERGY STAR Certified Homes
  • Clubhouse
  • Coal Mountain Elementary School Rated A
  • Dining Room Seats More Than Twelve
  • Traditional Architecture

About This Home

As of May 2019

Better than New in Bridgetowne! Home has it all what you are looking for open floor plan with formal Living , formal Dining, Covered back Patio, Fully upgraded Kitchen with granite counter tops . Enjoy a spacious fireside family room with views to the kitchen and breakfast area! Relax in your Master suite with trey ceilings, sitting area and oversized closet! Check out the covered patio perfect to enjoy your evenings in this wonderful Swim Tennis Community.Conveniently located near shopping (NEW WALMART) , Parks and close to Hwy 400. Investor friendly

Last Agent to Sell the Property

Josh Singh

Singh Realty, LLC License #364876 Listed on: 03/08/2019

Co-Listed By

KIRAN CHAWLA

Singh Realty, LLC License #368741

Last Buyer's Agent

Hagit Beecham

Keller Williams North Atlanta License #205386

Keller Williams North Atlanta

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,641

Year Built

  • Built in 2015

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway Level

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Brick Front

Interior Spaces

  • 2,616 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Ceiling height of 9 feet on the lower level
  • Ceiling Fan
  • Factory Built Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Computer Room
  • Bonus Room
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Window or Skylight in Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • ENERGY STAR Certified Homes

Outdoor Features

  • Covered patio or porch

Schools

  • Coal Mountain Elementary School
  • North Forsyth Middle School
  • North Forsyth High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 348
  • Assessor Parcel Number 217 691

Community Details

Overview

  • $500 Initiation Fee
  • Bridgetowne Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,641

Year Built

Built in 2015

Lot Details

0

HOA Fees

$38 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: 2015
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Water Heater, Gas Range, Microwave
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Lower, High Speed Internet, His and Hers Closets, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Computer Room, Family Room, Living Room
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 2616.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Roommate Floor Plan, Split Bedroom Plan
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Skylights

Exterior Features

  • Construction Materials: Brick Front, Frame
  • Roof Type: Composition
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Attached, Garage, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Upper Floor
  • Electric: Other

Condo/Co-op/Association

  • HOA Fee Includes: Reserve Fund, Swim/Tennis
  • Community Features: Clubhouse, Fitness Center, Homeowners Assoc, Playground, Pool, Sidewalks, Tennis Court(s)
  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Master Association Fee: 450
  • Master Association Fee Frequency: Annually
  • Management Company Email: mlazar@cmacommunities.com
  • Subdivision Complex: Bridgetowne

Schools

  • Elementary School: Coal Mountain
  • Middle School: North Forsyth
  • High School: North Forsyth

Lot Info

  • Acres: 0.1400
  • Lot: 348
  • Land/Lot: 20
  • Lot Features: Level
  • Parcel Number: 217 691
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Lighting
  • Green Building Certifications: ENERGY STAR Certified Homes
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 500

Tax Info

  • Taxes: 2641.00
  • Assessor Parcel Number: 217-000-691
  • Close Date: 2019-05-06
  • Tax Year: 2018

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Coal Mountain
  • High School: North Forsyth
  • Middle School: North Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
May 6, 2019
Sold by
Swastik Prateek
Bought by
Ostfeld Ilan and Ostfeld Meital
Seller's Agent
Anthony Gioia
All County Expert Property Management
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
Sold Price
$1,795
Current Estimated Value
$503,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,016
Avg. Annual Appreciation
10.62%
Original Mortgage
$186,900
Outstanding Balance
$126,175
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$375,436

Purchase Details

Listed on
May 13, 2015
Closed on
Jul 31, 2015
Sold by
Swastik Prateek
Bought by
Swastik Prateek and Jain Isha
Seller's Agent
Angela Szeszko
BHHS Georgia Properties
Buyer's Agent
Kasey Prince
Keller Williams Realty Atl. Partners
List Price
$230,550
Sold Price
$234,650
Premium/Discount to List
$4,100
1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.49%
Original Mortgage
$230,399
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 2015
Sold by
Gk Bridgetowne Lllp
Bought by
Wilson Parker Homes Of Bridgetowne Inc
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 Type Sale Price Title Company
Warranty Deed $267,000 --
Warranty Deed -- --
Limited Warranty Deed $234,700 --
Limited Warranty Deed $421,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $186,900 New Conventional
Previous Owner $230,399 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2019 05/30/19 Rented $1,795 0.0% --
05/25/2019 05/25/19 Price Changed $1,795 -1.6% $1 / Sq Ft
05/16/2019 05/16/19 For Rent $1,825 0.0% --
05/06/2019 05/06/19 Sold $267,000 -4.1% $102 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
04/01/2019 04/01/19 Price Changed $278,400 -0.5% $106 / Sq Ft
03/08/2019 03/08/19 For Sale $279,900 +19.3% $107 / Sq Ft
07/31/2015 07/31/15 Sold $234,650 0.0% $94 / Sq Ft
07/31/2015 07/31/15 Sold $234,650 +1.8% $94 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
07/03/2015 07/03/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $230,550 0.0% $92 / Sq Ft
05/13/2015 05/13/15 For Sale $230,550 -- $92 / 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 $4,655 $189,840 $54,000 $135,840
2023 $4,192 $170,320 $40,000 $130,320
2022 $3,592 $111,976 $20,000 $91,976
2021 $3,092 $111,976 $20,000 $91,976
2020 $2,834 $102,628 $20,000 $82,628
2019 $2,668 $104,440 $20,000 $84,440
2018 $2,641 $102,720 $18,000 $84,720
2017 $2,455 $93,432 $18,000 $75,432
2016 $2,295 $85,832 $17,200 $68,632
2015 $423 $15,200 $15,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6517328

First Multiple Listing Service (FMLS)

APN: 217-691