NOT LISTED FOR SALE

5110 Madison Springs Dr Cumming, GA 30040

Estimated Value: $439,636 - $475,000

3 Beds
2.5 Baths
1,783 Sq Ft
$257/Sq Ft Est. Value

Last Sold March 25, 2020

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

Est. 70% increase in value since last sale

Current estimated payment $2,885/month

71 Days on Market

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

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%
Total Days on Market
71
Current Estimated Value
$458,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,909
Avg. Annual Appreciation
10.72%
Original Mortgage
$261,900
Outstanding Balance
$234,511
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$224,398

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
9.08%

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

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Range of Values:

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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 Change Sq Ft Price
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
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
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

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6659205

First Multiple Listing Service (FMLS)

APN: 123-188