NOT LISTED FOR SALE

5120 Forestwood Ln Cumming, GA 30028

Estimated Value: $664,000 - $701,844

4 Beds
3.5 Baths
3,686 Sq Ft
$186/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $650,000 $176 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,062/month

5 Days on Market

Highlights

  • Home fronts a pond
  • Lake View
  • Private Lot
  • Matt Elementary School Rated A
  • Deck
  • Wooded Lot

About This Home

As of June 2022

Beautiful home with finished basement on 1.62 acres. Master on main with en-suite bathroom and private deck. Kitchen with granite counters, stainless apps and large walk-in pantry. 2 Bedrooms and bathroom upstairs. Hardwood floors on main. New carpet. Large basement with high ceilings, flex space, bedroom, full bathroom and work shop. Relax on the decks that overlook spacious back yard and pond. HVAC completely replaced in 2021. Water heater replaced in 2019. Roof replaced in 2017. Leaf filter gutter guards. Additional 2.65 adjacent acres will convey with the sale for a total of 4.27 acres. No HOA! Short drive to Lake Lanier, parks, dining, shopping and the brand new Cumming City Center!

Last Agent to Sell the Property

MELINDA MCCONNELL

Coldwell Banker Realty License #276493 Listed on: 04/27/2022

Coldwell Banker Realty

Last Buyer's Agent

Edward Sanford

Engel & Völkers North GA Mountains License #414997

Engel & Völkers North GA Mountains

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,598

Year Built

  • Built in 2000

Lot Details

  • 4.27 Acre Lot
  • Home fronts a pond
  • Private Lot
  • Sloped Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stone Siding
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Great Room
  • Lake Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Garage
  • Parking Accessed On Kitchen Level
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Schools

  • Matt Elementary School
  • Liberty Middle School
  • North Forsyth High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Deck
  • Property is near schools

Community Details

  • No Home Owners Association
  • Oakwood Forest Subdivision

Listing and Financial Details

  • Tax Lot 19

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,598

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 3
  • Year Built: 2000
  • ArchitecturalStyle: Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: 4.27
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 3686
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Microwave, Refrigerator
  • Bedrooms: 4
  • Basement: Bath Finished, Daylight, Interior Entry, Exterior Entry, Finished, Full
  • Below Grade Finished Sq Ft: 1759
  • Total Finished Sq Ft: 1927
  • Above Grade Finished Sq Ft: 1927
  • Interior Amenities: Tray Ceiling(s), High Ceilings, Double Vanity, Walk-In Closet(s), In-Law Floorplan, Master On Main Level
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Hardwood, Tile, Carpet
  • Kitchen Features: Breakfast Area, Breakfast Bar, Pantry, Walk-in Pantry
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 176.34

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Bedroom Lower Level: 1
  • Bedroom Main Level: 1

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Stone, Vinyl Siding
  • Lot Features: Private, Sloped
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition
  • View: Lake
  • Waterfront Features: Pond

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage, Kitchen Level, Side/Rear Entrance

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Electric, Central, Zoned
  • Laundry Features: Other
  • Security Features: Smoke Detector(s), Security System, Carbon Monoxide Detector(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Other, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Walk To Schools

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Matt
  • High School: North Forsyth
  • High School Bus: Yes
  • Middle School: Liberty
  • Middle School Bus: Yes
  • Elementary School: Matt
  • Middle School: Liberty
  • High School: North Forsyth

Lot Info

  • Land Lot: 422/4
  • Lot: 19
  • Plat Book: 9
  • Plat Page: 304

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4598

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 1, 2022
Sold by
Herman Amanda G and Herman Nicholas John
Bought by
Hansen Alan and Hansen Kristin
Seller's Agent
MELINDA MCCONNELL
Coldwell Banker Realty
Buyer's Agent
Edward Sanford
Engel & Völkers North GA Mountains
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$684,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,615
Avg. Annual Appreciation
1.57%
Original Mortgage
$520,000
Outstanding Balance
$435,117
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$249,498

Purchase Details

Listed on
Jan 4, 2019
Closed on
Feb 28, 2019
Sold by
Lipham Barry W
Bought by
Nicholas John W and Herman Amanda S
Seller's Agent
Richard Murray
BHGRE Metro Brokers
Buyer's Agent
Bob Shiller
In the Kitchen Realty LLC
List Price
$315,000
Sold Price
$370,000
Premium/Discount to List
$55,000
17.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.87%
Original Mortgage
$363,298
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 13, 2000
Sold by
Lipham Barry W
Bought by
Lipham Barry W and Lipham Kathy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
7.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2000
Sold by
Destiny Homes Builders Inc
Bought by
Lipham Barry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
7.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2000
Sold by
Brassell Robin M
Bought by
Destiny Home Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
8.29%
Mortgage Type
New Conventional
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
Hansen Alan $650,000 None Listed On Document
Nicholas John W $370,000 --
Lipham Barry W -- --
Lipham Barry W -- --
Destiny Home Builders Inc $30,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Alan $520,000
Closed Hansen Alan $520,000
Previous Owner Nicholas John W $363,298
Previous Owner Lipham Barry W $28,000
Previous Owner Lipham Barry W $135,000
Previous Owner Destiny Home Builders Inc $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $650,000 0.0% $176 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $650,000 +75.7% $176 / Sq Ft
02/28/2019 02/28/19 Sold $370,000 +17.5% $100 / Sq Ft
01/17/2019 01/17/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $315,000 -- $85 / 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 $5,185 $277,760 $116,348 $161,412
2024 $5,185 $241,004 $88,380 $152,624
2023 $4,761 $236,636 $93,976 $142,660
2022 $3,733 $131,984 $30,092 $101,892
2021 $3,436 $131,984 $30,092 $101,892
2020 $2,999 $111,880 $24,000 $87,880
2019 $3,178 $114,932 $27,864 $87,068
2018 $2,634 $103,460 $24,000 $79,460
2017 $2,430 $93,284 $14,000 $79,284
2016 $2,430 $93,284 $14,000 $79,284
2015 $2,168 $81,124 $12,000 $69,124
2014 $1,907 $75,316 $12,000 $63,316
Source: Public Records

Agents Affiliated with this Home

  • MELINDA MCCONNELL

    Seller's Agent in 2022

    MELINDA MCCONNELL

    Coldwell Banker Realty

    (404) 729-4226

    41 Total Sales

    MELINDA MCCONNELL
    Section Image

  • E

    Buyer's Agent in 2022

    Edward Sanford

    Engel & Völkers North GA Mountains

    14 Total Sales

    Edward Sanford
    Section Image
  • Richard Murray

    Seller's Agent in 2019

    Richard Murray

    Better Homes and Gardens Real Estate

    (678) 596-3080

    53 Total Sales

    Richard Murray
    Section Image
  • Bob Shiller

    Buyer's Agent in 2019

    Bob Shiller

    In the Kitchen Realty LLC

    (404) 304-0027

    24 Total Sales

    Bob Shiller
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10041985

Georgia MLS

APN: 048-053

Georgia Forsyth County Cumming 30028

5120 Forestwood Ln, Cumming, GA

This home is located at 5120 Forestwood Ln, Cumming, GA 30028 since 27 April 2022 and is currently estimated at $684,615, approximately $185 per square foot. This property was built in 2000. 5120 Forestwood Ln is a home located in Forsyth County with nearby schools including Matt Elementary School, Liberty Middle School, and North Forsyth High School.

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