NOT LISTED FOR SALE

5075 Rialto Way Cumming, GA 30040

Estimated Value: $512,516 - $527,000

4 Beds
2.5 Baths
2,503 Sq Ft
$208/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $485,000 $194 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,208/month

5 Days on Market

Highlights

  • Clubhouse
  • Private Lot
  • Wood Flooring
  • Coal Mountain Elementary School Rated A
  • Traditional Architecture
  • High Ceiling

About This Home

As of October 2022

5075 Rialto in the highly sought-after Bridgetowne is definitely a MUST SEE! You will love the grandeur of the 2 story foyer upon entering the home. The gleaming hardwoods on the main level are stunning and inviting. The kitchen features gorgeous granite countertops, dark espresso-stained cabinetry, stainless steel gas range, and a custom kitchen island. There is plenty of space to cook up your favorite meal with a direct view to the family room. The formal dining room features coffered ceilings and is perfect for hosting gatherings with close friends and family. Retreat to your oversized master bedroom which boast both an accent wall and tray ceilings. You will appreciate all of the features in the master bathroom including double vanity, tiled shower, a large garden tub and a HUGE walk in closet. The laundry room is just off of the master bedroom so you can easily keep your clothes clean and organized. Enjoy spending time outdoors in your large backyard which includes a patio for relaxing or entertaining guests. The Bridgestone community offers residents a pool and playground as well as sidewalks that make it easy for taking walks with your furry friends. Starbucks and Wal Mart are close by for all of your shopping and caffeine needs, and highly sought-after Coal Mountain Elementary along with North Forsyth Middle & High School make this home ideal for families. A new Coal Mountain Town Center is coming soon so be sure to check it out! This home is truly amazing - schedule your tour today!

Last Agent to Sell the Property

Richie Torrance

Genstone Realty License #344554 Listed on: 10/06/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,858

Year Built

  • Built in 2015

Lot Details

  • 6,970 Sq Ft Lot
  • Back Yard Fenced
  • Private Lot

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • Garage

Home Design

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

Interior Spaces

  • 2,503 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Family Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity

Laundry

  • Laundry in Hall
  • Laundry on upper level

Location

  • Property is near schools
  • Property is near shops

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
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • $650 Initiation Fee
  • Association fees include ground maintenance, swimming, tennis
  • Bridgetowne Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,858

Year Built

Built in 2015

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2015
  • ArchitecturalStyle: Brick Front, Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: FHA
  • Levels: Two
  • Lot Size Acres: .16
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2503
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Bedrooms: 4
  • Basement: None
  • Total Finished Sq Ft: 2503
  • Above Grade Finished Sq Ft: 2503
  • Interior Amenities: Tray Ceiling(s), High Ceilings, Double Vanity, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Gas Starter
  • Flooring: Hardwood, Carpet
  • Kitchen Features: Breakfast Area, Breakfast Bar, Kitchen Island, Pantry
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 193.77

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Concrete
  • Fencing: Back Yard
  • Foundation Details: Slab
  • Lot Features: Private
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

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

Condo/Co-op/Association

  • Annual Association Fee: 785
  • Association: Yes
  • Community Features: Clubhouse, Park, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s), Walk To Schools, Walk To Shopping

Fee Information

  • Initiation Fee: 650
  • Association Fee Includes: Maintenance Grounds, Swimming, Tennis

Schools

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

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2858

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Oct 28, 2022
Sold by
Selvarajan Sasikumar
Bought by
Selvarajan Sasikumar and Sasikumar Nandhini
Seller's Agent
Richie Torrance
Genstone Realty
List Price
$495,000
Sold Price
$485,000
Premium/Discount to List
-$10,000
-2.02%
Views
16
Current Estimated Value
$520,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,629
Avg. Annual Appreciation
2.46%
Original Mortgage
$476,215
Outstanding Balance
$458,755
Interest Rate
6.02%
Mortgage Type
FHA
Estimated Equity
$61,874

Purchase Details

Listed on
Sep 24, 2015
Closed on
Nov 30, 2015
Sold by
Wilson Parker Homes Of Bridgetowne Inc
Bought by
Melton Jillian C and Melton John W
Seller's Agent
Angela Szeszko
NOT A VALID MEMBER
Buyer's Agent
Richie Torrance
Genstone ll LLC
List Price
$242,215
Sold Price
$243,300
Premium/Discount to List
$1,085
0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%
Original Mortgage
$238,895
Interest Rate
3.83%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 2015
Sold by
Gk Bridgetowne Lllp
Bought by
Wilson Parker Homes Of Bridgetowne Inc
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
Selvarajan Sasikumar -- --
Selvarajan Sasikumar $485,000 --
Melton Jillian C $243,300 --
Wilson Parker Homes Of Bridgetowne Inc $134,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selvarajan Sasikumar $476,215
Previous Owner Melton Jillian C $238,895
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $485,000 -2.0% $194 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $495,000 +103.5% $198 / Sq Ft
11/30/2015 11/30/15 Sold $243,300 -0.2% $95 / Sq Ft
10/09/2015 10/09/15 Pending -- -- --
10/02/2015 10/02/15 Price Changed $243,715 +0.6% $96 / Sq Ft
09/24/2015 09/24/15 For Sale $242,215 -- $95 / 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 $4,598 $185,636 $54,000 $131,636
2024 $4,598 $187,520 $54,000 $133,520
2023 $4,142 $168,280 $40,000 $128,280
2022 $3,200 $112,136 $20,000 $92,136
2021 $2,858 $112,136 $20,000 $92,136
2020 $2,666 $102,828 $20,000 $82,828
2019 $2,657 $102,200 $20,000 $82,200
2018 $2,604 $99,360 $18,000 $81,360
2017 $2,522 $90,872 $18,000 $72,872
2016 $2,318 $83,512 $17,200 $66,312
2015 $423 $15,200 $15,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Richie Torrance

    Seller's Agent in 2022

    Richie Torrance

    Genstone Realty

    (404) 764-7962

    93 Total Sales

    Richie Torrance
    Section Image

  • A

    Seller's Agent in 2015

    Angela Szeszko

    NOT A VALID MEMBER

    Section Image

  • L

    Seller Co-Listing Agent in 2015

    Lisa Davido

    NOT A VALID MEMBER

See All Agents

Map

Source: Georgia MLS

MLS Number: 10098750

Georgia MLS

APN: 217-692

Georgia Forsyth County Cumming 30040

5075 Rialto Way, Cumming, GA

This home is located at 5075 Rialto Way, Cumming, GA 30040 since 06 October 2022 and is currently estimated at $520,629, approximately $208 per square foot. This property was built in 2015. 5075 Rialto Way is a home located in Forsyth County with nearby schools including Coal Mountain Elementary School, North Forsyth Middle School, and North Forsyth High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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