NOT LISTED FOR SALE

5110 Madison Springs Dr Cumming, GA 30040

Estimated Value: $430,095 - $467,000

3 Beds
2.5 Baths
1,783 Sq Ft
$255/Sq Ft Est. Value

Last Sold March 25, 2020

Last sale price $270,000 $151 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,727/month

Highlights

  • Deck
  • Private Lot
  • Eat-In Kitchen
  • Sawnee Elementary School Rated A
  • Formal Dining Room
  • Separate Shower in Primary Bathroom

About This Home

As of March 2020

This Cummings two-story corner home offers a fireplace, a kitchen pantry, a master bath separate tub and shower with dual sinks, a master bedroom walk-in closet, a covered deck, and a two-car garage. Upgraded features include new carpet in select rooms.

Last Agent to Sell the Property

Kim Klir

Mainstay Brokerage LLC License #308458 Listed on: 12/25/2019

Mainstay Brokerage LLC

Last Buyer's Agent

Jeff Fountain

Virtual Properties Realty.com License #130812

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,247

Year Built

  • Built in 2004

Lot Details

  • 1.09 Acre Lot
  • Lot Dimensions are 74x413x126x415x31
  • Private Lot
  • Front Yard

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 1,783 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Carpet
  • Security System Owned
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Deck

Schools

  • Sawnee Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 110 Volts
  • Septic Tank

Community Details

  • Association Phone (678) 677-6978
  • Secondary HOA Phone (678) 677-6978
  • Madison Spgs Subdivision

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 123 188

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,247

Year Built

Built in 2004

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Property Condition: Resale
  • Year Built: 2004
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Gas Log, Gas Starter, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Microwave
  • Interior Amenities: Double Vanity, Walk-In Closet(s)
  • Kitchen Features: Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1783.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate Tub/Shower

Exterior Features

  • Other Structures: Garage(s)
  • Construction Materials: Brick Front, Vinyl Siding
  • Roof Type: Composition
  • Patio And Porch Features: Deck

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security System Owned
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Upper Floor
  • Utilities: Electricity Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Community Features: Homeowners Assoc
  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 678-677-6978
  • Management Phone: 678-677-6978
  • Subdivision Complex: MADISON SPGS

Schools

  • Elementary School: Sawnee
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Acres: 1.0900
  • Lot: 36
  • Land/Lot: 841
  • Section G M D: 1
  • Plat Book: 69
  • Plat Page: 168
  • Lot Features: Front Yard, Private
  • Lot Dimensions: 74x413x126x415x31
  • Parcel Number: 123 188
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2247.00
  • Assessor Parcel Number: 123-000-188
  • Close Date: 2020-03-25
  • Tax Year: 2018

MLS Schools

  • Elementary School: Sawnee
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 25, 2019
Closed on
Mar 25, 2020
Sold by
Opendoor Property N Llc
Bought by
Dellapiana Joseph E and Baker Gillian S
Seller's Agent
Kim Klir
Mainstay Brokerage LLC
Buyer's Agent
Jeff Fountain
Virtual Properties Realty.com
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%
Current Estimated Value
$454,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,274
Avg. Annual Appreciation
9.83%
Original Mortgage
$261,900
Outstanding Balance
$231,508
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$222,766

Purchase Details

Closed on
Dec 12, 2019
Sold by
J Pearson Co Llc
Bought by
Opendoor Property N Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
May 9, 2018
Closed on
May 31, 2018
Sold by
Highsmith Martin C
Bought by
J Pearson Co Llc
Seller's Agent
The Milford Team
Keller Williams Realty Community Partners
Buyer's Agent
Riley Slaton
NOT A VALID MEMBER
List Price
$249,900
Sold Price
$249,100
Premium/Discount to List
-$800
-0.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%

Purchase Details

Closed on
May 21, 2010
Sold by
Thrower Randolph W and Thrower Amanda J
Bought by
Highsmith Martin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.02%
Mortgage Type
VA

Purchase Details

Closed on
May 14, 2004
Sold by
Woodmark Builders Llc
Bought by
Thrower Amanda J and Thrower Randolph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,900
Interest Rate
4.75%
Mortgage Type
New Conventional
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
Dellapiana Joseph E $270,000 --
Opendoor Property N Llc $256,300 --
J Pearson Co Llc $249,100 --
Highsmith Martin C $168,000 --
Thrower Amanda J $169,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dellapiana Joseph E $261,900
Previous Owner Opendoor Property N Llc $250,000,000
Previous Owner Highsmith Martin C $168,000
Previous Owner Thrower Amanda J $152,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2020 03/25/20 Sold $270,000 0.0% $151 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
02/27/2020 02/27/20 Price Changed $270,000 -1.1% $151 / Sq Ft
02/06/2020 02/06/20 Price Changed $273,000 -0.4% $153 / Sq Ft
01/10/2020 01/10/20 Price Changed $274,000 -0.4% $154 / Sq Ft
12/25/2019 12/25/19 For Sale $275,000 +10.4% $154 / Sq Ft
05/31/2018 05/31/18 Sold $249,100 -0.3% $140 / Sq Ft View Prior Sale
05/12/2018 05/12/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $249,900 -- $140 / 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 $3,461 $167,936 $40,000 $127,936
2024 $3,461 $163,208 $40,000 $123,208
2023 $3,053 $160,636 $26,000 $134,636
2022 $2,840 $104,560 $22,000 $82,560
2021 $2,774 $104,560 $22,000 $82,560
2020 $2,795 $101,200 $22,000 $79,200
2019 $2,755 $99,640 $22,040 $77,600
2018 $2,247 $81,264 $18,000 $63,264
2017 $2,043 $73,616 $18,000 $55,616
2016 $1,862 $67,096 $14,000 $53,096
2015 $1,743 $62,696 $12,000 $50,696
2014 $1,551 $58,572 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Klir

    Seller's Agent in 2020

    Kim Klir

    Mainstay Brokerage LLC

    (407) 634-1744

    6,073 Total Sales

    Kim Klir
    Section Image
  • Jeff Fountain

    Buyer's Agent in 2020

    Jeff Fountain

    Virtual Properties Realty.com

    (985) 320-2223

    61 Total Sales

    Jeff Fountain
    Section Image
  • The Milford Team

    Seller's Agent in 2018

    The Milford Team

    Keller Williams Realty Community Partners

    (678) 648-5500

    63 Total Sales

    The Milford Team
    Section Image

  • R

    Buyer's Agent in 2018

    Riley Slaton

    NOT A VALID MEMBER

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6659205

First Multiple Listing Service (FMLS)

APN: 123-188

Georgia Forsyth County Cumming 30040

5110 Madison Springs Dr, Cumming, GA

This home is located at 5110 Madison Springs Dr, Cumming, GA 30040 since 25 December 2019 and is currently estimated at $454,274, approximately $254 per square foot. This property was built in 2004. 5110 Madison Springs Dr is a home located in Forsyth County with nearby schools including Sawnee Elementary School, Otwell Middle School, and Forsyth Central High School.

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