NOT LISTED FOR SALE

5085 Arcanum Place Cumming, GA 30040

Estimated Value: $745,000 - $816,000

5 Beds
4.5 Baths
4,500 Sq Ft
$170/Sq Ft Est. Value

Last Sold July 10, 2014

Last sale price $370,000 $82 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,751/month

104 Days on Market

Highlights

  • Dining Room Seats More Than Twelve
  • Deck
  • Traditional Architecture
  • Vickery Creek Middle School Rated A
  • Private Lot
  • Cathedral Ceiling

About This Home

As of July 2014

This beautiful home features tall ceilings on all three floors, a gourmet kitchen with stainless appliances, custom cabinetry, plantation shutters, huge shower, garden tub, double vanities, deck, patio, fenced yard and a full finished basement. At this size, this home has a ton of value for the price. This is a must-see property for your buyers.

Last Agent to Sell the Property

Michael Hickman

Keller Williams Realty Community Partners License #265926 Listed on: 02/21/2014

Keller Williams Realty Community Partners

Last Buyer's Agent

Patty Ash

Ansley Real Estate| Christie's International Real Estate License #306964

Ansley Real Estate| Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,934

Year Built

  • Built in 2007

Lot Details

  • Cul-De-Sac
  • Fenced
  • Landscaped
  • Private Lot
  • Level Lot
  • Irrigation Equipment

HOA Fees

  • Property has a Home Owners Association

Parking

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

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Home Gym
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Vaulted Bathroom Ceilings
  • 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
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Schools

  • Vickery Creek Elementary And Middle School
  • West Forsyth High School

Utilities

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

Additional Features

  • Accessible Entrance
  • Energy-Efficient Thermostat

Community Details

  • $500 Initiation Fee
  • Arcanum Estates Hoa, Inc. Association, Phone Number (770) 692-0152
  • Secondary HOA Phone (770) 692-0152
  • Arcanum Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 5085ArcanumPL

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,934

Year Built

Built in 2007

Lot Details

0

HOA Fees

$54 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: 2007
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Double Oven, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Bookcases, Cathedral Ceiling(s), Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Upper, High Ceilings 10 ft Main, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • 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: Bonus Room, Exercise Room, Great Room - 1 Story, Living Room, Office
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 4500.00

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: In-Law Suite/Apartment, Master on Main, Split Bedroom Plan
  • Main Bedrooms: 1
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower, Vaulted Ceilings

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Patio

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Sidewalks
  • Association Fee Frequency: Annually
  • Master Association Fee: 650
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-692-0152
  • Management Phone: 770-692-0152
  • Subdivision Complex: Arcanum

Association/Amenities

  • Management Company: Arcanum Estates HOA, Inc.

Schools

  • Elementary School: Vickery Creek
  • Middle School: Vickery Creek
  • High School: West Forsyth

Lot Info

  • Lot: 14
  • Plat Book: 89
  • Plat Page: 213
  • Lot Features: Cul-De-Sac, Landscaped, Level, Private
  • Lot Dimensions: 10,019 sq. ft.
  • Parcel Number: 5085ArcanumPL
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat

Rental Info

  • Initiation Fee: 500

Tax Info

  • Taxes: 2934.00
  • Assessor Parcel Number: 080-000-170
  • Close Date: 2014-07-10
  • Tax Year: 2013

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Vickery Creek
  • High School: West Forsyth
  • Middle School: Vickery Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2014
Closed on
Jul 10, 2014
Sold by
Driggs Stuart T
Bought by
Driggs Stuart T and Driggs Candace Sawyer
Seller's Agent
Michael Hickman
Keller Williams Realty Community Partners
Buyer's Agent
Patty Ash
Ansley Real Estate| Christie's International Real Estate
List Price
$405,000
Sold Price
$370,000
Premium/Discount to List
-$35,000
-8.64%
Current Estimated Value
$766,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,031
Avg. Annual Appreciation
6.69%
Original Mortgage
$351,500
Outstanding Balance
$272,583
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$482,457

Purchase Details

Closed on
Mar 9, 2012
Sold by
Silva Luis F
Bought by
Carrasco Silva Luis F and Carrasco Silva Monica F

Purchase Details

Closed on
Feb 15, 2008
Sold by
Comstock Homes Of Atlanta Llc
Bought by
Silva Luis F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.62%
Mortgage Type
Stand Alone Second
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
Driggs Stuart T -- --
Driggs Stuart T $370,000 --
Carrasco Silva Luis F -- --
Silva Luis F $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Driggs Stuart T $100,000
Open Driggs Stuart T $351,500
Closed Driggs Stuart T $351,500
Previous Owner Silva Luis F $285,900
Previous Owner Silva Luis F $290,963
Previous Owner Silva Luis F $76,000
Previous Owner Silva Luis F $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2014 07/10/14 Sold $370,000 -8.6% $82 / Sq Ft
06/05/2014 06/05/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $405,000 -- $90 / 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 $5,588 $274,092 $64,000 $210,092
2023 $5,236 $272,648 $56,000 $216,648
2022 $4,697 $176,504 $32,000 $144,504
2021 $4,466 $176,504 $32,000 $144,504
2020 $4,330 $169,916 $32,000 $137,916
2019 $4,034 $155,292 $32,000 $123,292
2018 $4,318 $168,228 $32,000 $136,228
2017 $4,083 $156,316 $30,000 $126,316
2016 $3,871 $146,316 $20,000 $126,316
2015 $3,797 $142,476 $20,000 $122,476
2014 $3,465 $130,892 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Hickman

    Seller's Agent in 2014

    Michael Hickman

    Keller Williams Realty Community Partners

    (404) 444-3446

    64 Total Sales

    Michael Hickman
    Section Image
  • Patty Ash

    Buyer's Agent in 2014

    Patty Ash

    Ansley Real Estate| Christie's International Real Estate

    (678) 557-2877

    39 Total Sales

    Patty Ash
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5253007

First Multiple Listing Service (FMLS)

APN: 080-170

Georgia Forsyth County Cumming 30040

5085 Arcanum Place, Cumming, GA

This home is located at 5085 Arcanum Place, Cumming, GA 30040 since 21 February 2014 and is currently estimated at $766,031, approximately $170 per square foot. This property was built in 2007. 5085 Arcanum Place is a home located in Forsyth County with nearby schools including Vickery Creek Middle School, West Forsyth High School, and Montessori at Vickery.

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