NOT LISTED FOR SALE

5101 Sherwood Way Cumming, GA 30040

Estimated Value: $378,000 - $418,000

3 Beds
2.5 Baths
1,856 Sq Ft
$214/Sq Ft Est. Value

Last Sold August 27, 2024

Last sale price $392,000 $211 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,417/month

18 Days on Market

Highlights

  • Fitness Center
  • Deck
  • Wood Flooring
  • George W. Whitlow Elementary School Rated A
  • Traditional Architecture
  • Corner Lot

About This Home

As of August 2024

Discover this charming 3 bed, 2.5 bath end unit townhouse, nestled in the heart of Cumming. The open-concept living space invites you in, leading to a nice patio and greenspace perfect for relaxation or entertainment. The master bedroom is a true retreat, featuring a large sitting area/office space, making it ideal for a home office or a cozy reading nook. This townhouse offers both privacy and comfort. The incredible community features include a swimming pool with lifeguards and waterslides, tennis courts, a fitness center, pickleball courts, and a playground. This property is not only a beautiful home but also an excellent income-producing investment, with a long-term tenant in place ensuring immediate returns. Located in the vibrant community of Cumming, you'll enjoy proximity to top-rated schools, shopping, dining, recreational parks, golf courses, dog parks, and the greenway. This townhouse perfectly blends convenience and comfort, making it an ideal addition to your portfolio or personal residence. Don't miss out on this prime opportunity! Home has a new roof and water heater.

Last Agent to Sell the Property

Joseph Benedetto

Keller Williams Community Partners License #383065 Listed on: 07/08/2024

Keller Williams Community Partners

Co-Listed By

Ashlee Watson

Keller Williams Community Partners License #403826

Keller Williams Community Partners

Last Buyer's Agent

Ashlee Watson

Keller Williams Community Partners License #403826

Keller Williams Community Partners

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,348

Year Built

  • Built in 2007

Lot Details

  • 4,792 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 1,856 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Keeping Room
  • Pull Down Stairs to Attic

Kitchen

  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Hall

Home Security

Outdoor Features

  • Deck

Location

  • Property is near schools
  • Property is near shops

Schools

  • Whitlow Elementary School
  • Vickery Creek Middle School
  • Forsyth Central High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include maintenance exterior, ground maintenance, pest control, swimming, tennis, trash
  • Stonehaven Terrace Subdivision

Recreation

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

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,348

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • ArchitecturalStyle: Brick Front, Traditional
  • Main Level Half Bathrooms: 1
  • Co List Office: KWCP01
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .11
  • Property Sub-Type: Townhouse
  • Structure Type: House
  • Total Finished Area2: 1856
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator
  • Bedrooms: 3
  • Basement: None
  • Total Finished Sq Ft: 1856
  • Above Grade Finished Sq Ft: 1856
  • Interior Amenities: High Ceilings, Pulldown Attic Stairs, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Factory Built, Family Room
  • Flooring: Carpet, Hardwood
  • Kitchen Features: Walk-in Pantry
  • Price Per Square Foot: 211.206

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Materials: Concrete
  • Foundation Details: Slab
  • Lot Features: Corner Lot, Level
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage
  • ParkingTotal: 2

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas, Zoned
  • Laundry Features: In Hall
  • Security Features: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Fitness Center, Park, Playground, Pool, Tennis Court(s), Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: Maintenance Exterior, Maintenance Grounds, Pest Control, Swimming, Tennis, Trash

Schools

  • Elementary School: Whitlow
  • High School: Forsyth Central
  • High School Bus: Yes
  • Middle School: Vickery Creek
  • Middle School Bus: Yes
  • Elementary School: Whitlow
  • Middle School: Vickery Creek
  • High School: Forsyth Central

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3348

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Aug 27, 2024
Sold by
Breebray Irrevocable Trust and Lawson Heather Lea
Bought by
Kulkarni Prasad and Jetty Naveena
Seller's Agent
Joseph Benedetto
Keller Williams Community Partners
Buyer's Agent
Ashlee Watson
Keller Williams Community Partners
List Price
$405,000
Sold Price
$392,000
Premium/Discount to List
-$13,000
-3.21%
Views
59
Current Estimated Value
$396,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,861
Avg. Annual Appreciation
1.14%
Original Mortgage
$294,000
Outstanding Balance
$290,879
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$105,982

Purchase Details

Closed on
May 10, 2018
Sold by
Lawson Heather Lea
Bought by
Lawson Heather Lea and Lawson Heather Trustee

Purchase Details

Listed on
May 11, 2017
Closed on
Jun 22, 2017
Sold by
Cruzado Valerie Jenne
Bought by
Lawson Heather Lea
Seller's Agent
Viktoria Thomas
Virtual Properties Realty.com
Buyer's Agent
John Heath
Keller Williams Realty Community Partners
List Price
$210,000
Sold Price
$199,000
Premium/Discount to List
-$11,000
-5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%

Purchase Details

Listed on
Jun 26, 2012
Closed on
Jan 25, 2013
Sold by
Akens Carolyn
Bought by
Cruzado Valerie Jenne
Seller's Agent
JIM GIBBONS
Crye-Leike, Realtors
Buyer's Agent
Maria Shkolnik
Virtual Properties Realty.com
List Price
$117,500
Sold Price
$115,000
Premium/Discount to List
-$2,500
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.24%
Original Mortgage
$112,917
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 27, 2007
Sold by
Bowen Family Homes Inc
Bought by
Akens Carolyn and Lambert Tambra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,951
Interest Rate
6.63%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Kulkarni Prasad $392,000 None Listed On Document
Lawson Heather Lea -- --
Lawson Heather Lea $199,000 --
Cruzado Valerie Jenne $115,000 --
Akens Carolyn $196,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kulkarni Prasad $294,000
Previous Owner Cruzado Valerie Jenne $112,917
Previous Owner Akens Carolyn $192,951
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2024 08/27/24 Sold $392,000 -3.2% $211 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
07/08/2024 07/08/24 For Sale $405,000 0.0% $218 / Sq Ft
06/30/2020 06/30/20 Rented $1,600 0.0% --
05/18/2020 05/18/20 Under Contract -- -- --
03/23/2020 03/23/20 For Rent $1,600 +6.7% --
01/18/2019 01/18/19 Rented $1,500 -6.3% --
12/11/2018 12/11/18 Price Changed $1,600 -4.5% $1 / Sq Ft
12/04/2018 12/04/18 For Rent $1,675 0.0% --
06/22/2017 06/22/17 Sold $199,000 -0.5% $107 / Sq Ft
06/05/2017 06/05/17 Pending -- -- --
05/29/2017 05/29/17 Price Changed $199,900 -1.5% $108 / Sq Ft
05/25/2017 05/25/17 Price Changed $203,000 -1.0% $109 / Sq Ft
05/21/2017 05/21/17 Price Changed $205,000 -2.4% $110 / Sq Ft
05/11/2017 05/11/17 For Sale $210,000 +82.6% $113 / Sq Ft
01/25/2013 01/25/13 Sold $115,000 -2.1% $62 / Sq Ft
12/26/2012 12/26/12 Pending -- -- --
06/26/2012 06/26/12 For Sale $117,500 -- $63 / 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 $3,751 $155,656 $66,000 $89,656
2024 $3,751 $152,952 $66,000 $86,952
2023 $3,348 $136,036 $56,000 $80,036
2022 $2,790 $93,096 $32,000 $61,096
2021 $2,571 $93,096 $32,000 $61,096
2020 $2,472 $89,508 $32,000 $57,508
2019 $2,302 $83,240 $20,000 $63,240
2018 $2,137 $77,288 $20,000 $57,288
2017 $1,784 $70,224 $20,000 $50,224
2016 $1,649 $63,824 $16,000 $47,824
2015 $1,628 $58,544 $12,000 $46,544
2014 $1,171 $44,236 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Benedetto

    Seller's Agent in 2024

    Joseph Benedetto

    Keller Williams Community Partners

    (678) 899-3630

    8 in this area

    75 Total Sales

    Joseph Benedetto
    Section Image
  • Ashlee Watson

    Seller Co-Listing Agent in 2024

    Ashlee Watson

    Keller Williams Community Partners

    (404) 328-8583

    6 in this area

    97 Total Sales

    Ashlee Watson
    Section Image
  • Wesley Moore

    Seller's Agent in 2020

    Wesley Moore

    Keller Williams Realty Community Partners

    (706) 988-1297

    5 in this area

    128 Total Sales

    Wesley Moore
    Section Image

  • W

    Buyer's Agent in 2020

    William Hobbs

    NOT A VALID MEMBER

    Section Image
  • Jacqueline Arthur

    Seller Co-Listing Agent in 2019

    Jacqueline Arthur

    Keller Williams Realty Community Partners

    (404) 992-0005

    8 Total Sales

    Jacqueline Arthur
    Section Image
  • Viktoria Thomas

    Seller's Agent in 2017

    Viktoria Thomas

    Virtual Properties Realty.com

    (678) 642-0123

    5 in this area

    72 Total Sales

    Viktoria Thomas
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10334052

Georgia MLS

APN: 130-816

Georgia Forsyth County Cumming 30040

5101 Sherwood Way, Cumming, GA

This home is located at 5101 Sherwood Way, Cumming, GA 30040 since 08 July 2024 and is currently estimated at $396,861, approximately $213 per square foot. This property was built in 2007. 5101 Sherwood Way is a home located in Forsyth County with nearby schools including George W. Whitlow Elementary School, Vickery Creek Middle School, and Forsyth Central High School.

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