NOT LISTED FOR SALE

5080 New Chapel Hill Way Cumming, GA 30041

Estimated Value: $650,729 - $660,000

5 Beds
3 Baths
2,571 Sq Ft
$255/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $415,000 $161 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,944/month

Highlights

  • Open-Concept Dining Room
  • 1.03 Acre Lot
  • Wood Flooring
  • Haw Creek Elementary School Rated A
  • Traditional Architecture
  • Great Room with Fireplace

About This Home

As of February 2021

Highly Desirable Princeton Square home located on a cul-de-sac. This five bedroom three bath home is well maintained and updated throughout. You will immediately notice the fantastic hardwood floors as you enter the home and continue across the main. Beautiful glass doors on the front room make for a great office or playroom space. The bedroom on the main with adjoining full bath allow many options to best meet your needs whether that be family, company, children, an office, or workout place. The mud/laundry room off the garage includes tons of cabinets to keep your your space organized. Additional cabinets can be found in the garage for storage and organization. The updated kitchen includes granite countertops and stainless steel appliances. The view from the kitchen to the private, level, fenced backyard is gorgeous. Fall in love with the stack stone fireplace in the family room. The updated upstairs owner's retreat bath includes a claw foot tub, frameless shower and walk-in closet. There are three additional bedrooms upstairs. One includes a massive walk-in closet allowing for even more storage. The upstairs bathroom has been updated and offers lots of counter space. Outside you will love the covered flagstone patio. The property extends far beyond the fenced area lending to additional privacy. Amenities in the subdivision include swim and tennis. The home is located within a Top Rated School district. Conveniently located near shopping, restaurants and parks.

Last Agent to Sell the Property

Jessica McComis

Coldwell Banker Realty License #367895 Listed on: 12/15/2020

Coldwell Banker Realty

Last Buyer's Agent

Toni Roberts

Method Real Estate Advisors License #378317

Method Real Estate Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,766

Year Built

  • Built in 2001

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 267x317x399
  • Cul-De-Sac
  • Private Entrance
  • Landscaped
  • Level Lot
  • Back Yard Fenced and Front Yard

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 2,571 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room
  • Open-Concept Dining Room
  • Home Office
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Pasture

Listing and Financial Details

  • Tax Lot 142
  • Assessor Parcel Number 226 204

Community Details

Overview

  • $250 Initiation Fee
  • Access Management Group Association, Phone Number (770) 777-6890
  • Secondary HOA Phone (770) 777-6890
  • Princeton Square Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,766

Year Built

Built in 2001

Lot Details

0

HOA Fees

$53 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: 2001
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Family Room, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Oven, Microwave, Self Cleaning Oven, Washer
  • Interior Amenities: Entrance Foyer 2 Story, Double Vanity, Disappearing Attic Stairs, High Speed Internet, Entrance Foyer, Tray Ceiling(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Stone Counters, Eat-in Kitchen, Kitchen Island, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Great Room - 1 Story, Living Room, Office
  • Dining Room Features: Great Room, Open Concept
  • Square Footage: 2571.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 5
  • Main Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower, Vaulted Ceilings

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Composition
  • Fencing: Back Yard, Fenced, Wood
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch
  • Exterior Features: Private Front Entry
  • Foundation: See Remarks

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Laundry Room, Main Level, Mud Room
  • Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities, Water Available
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Homeowners Assoc, Near Trails/Greenway, Playground, Pool, Near Schools, Near Shopping
  • Association Fee: 630
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-777-6890
  • Management Company Email: info@accessmgt.com
  • Management Phone: 770-777-6890
  • Subdivision Complex: Princeton Square

Association/Amenities

  • Management Company: Access Management Group

Schools

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

Lot Info

  • Acres: 1.0300
  • Lot: 142
  • Land/Lot: 164
  • Section G M D: 1
  • Deed Book: 3453
  • Deed Page: 375
  • Plat Book: 62
  • Plat Page: 205
  • Lot Features: Back Yard, Cul-De-Sac, Level, Landscaped, Pasture, Front Yard
  • Lot Dimensions: 267x317x399
  • Parcel Number: 226 204
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 250

Tax Info

  • Taxes: 2766.00
  • Assessor Parcel Number: 226-000-204
  • Close Date: 2021-02-19
  • Tax Year: 2017

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

Listed on
Dec 15, 2020
Closed on
Feb 19, 2021
Sold by
Martinez Miguel
Bought by
Martinez Miguel and Martinez Shannon
Seller's Agent
Jessica McComis
Coldwell Banker Realty
Buyer's Agent
Toni Roberts
Method Real Estate Advisors
List Price
$415,000
Sold Price
$415,000
Current Estimated Value
$654,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,682
Avg. Annual Appreciation
10.39%
Original Mortgage
$265,000
Outstanding Balance
$237,554
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$417,128

Purchase Details

Closed on
Aug 21, 2007
Sold by
Cotter Alice M
Bought by
Cotter Douglas W and Cotter Alice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2004
Sold by
Baca Enrique
Bought by
Cotter Douglas W

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
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2002
Sold by
Hms By Brumby At Princeton Sq Ll
Bought by
Baca Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,050
Interest Rate
6.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Martinez Miguel -- --
Martinez Miguel $415,000 --
Cotter Douglas W -- --
Cotter Douglas W $240,000 --
Baca Enrique $228,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Miguel $265,000
Previous Owner Cotter Douglas W $167,000
Previous Owner Cotter Douglas W $160,000
Previous Owner Baca Enrique $217,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $415,000 0.0% $161 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
12/15/2020 12/15/20 For Sale $415,000 -- $161 / 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
2025 $5,035 $228,800 $72,000 $156,800
2024 $5,035 $227,164 $60,000 $167,164
2023 $4,442 $213,800 $60,000 $153,800
2022 $4,418 $133,404 $36,000 $97,404
2021 $3,293 $133,404 $36,000 $97,404
2020 $3,206 $129,192 $36,000 $93,192
2019 $3,092 $123,456 $32,000 $91,456
2018 $2,977 $117,280 $28,000 $89,280
2017 $2,766 $106,764 $28,000 $78,764
2016 $2,724 $104,764 $26,000 $78,764
2015 $2,609 $99,084 $24,000 $75,084
2014 $2,389 $90,232 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6816481

First Multiple Listing Service (FMLS)

APN: 226-204