$370,000
SOLD FEB 28, 2019

5120 Forestwood Ln Cumming, GA 30028

4 Beds
3.5 Baths
3,686 Sq Ft
1.62 Acres

Recently Sold

$100 Per Sq Ft

17% Above List Price

Highlights

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

About This Home

As of June 2022

Recently renovated private estate on 1.6 wooded ac bordering a secluded pond. Very unique find thats close to the city but like a mountain resort & at an affordable price. Completely renovated w/new roof, carpets, hdwd flrs, granite counters, refin kit cabinetry, new SS appls & so much more. Mstr on Main w/2 guest BR's up for easy living. Fin bsmnt w/2nd master, complete bath & stubbed/ready for inlaw/2nd kitchen. Beautiful bkyd overlooks pond w/3 levels of deck & patio space. NO HOA!

Last Agent to Sell the Property

Richard Murray

BHGRE Metro Brokers License #254955 Listed on: 01/04/2019

BHGRE Metro Brokers

Last Buyer's Agent

Bob Shiller

In the Kitchen Realty LLC License #327217

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,072

Year Built

  • Built in 2000 | Remodeled

Lot Details

  • 1.62 Acre Lot
  • Home fronts a pond
  • Landscaped
  • Private Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Aluminum Siding
  • Stone Siding

Interior Spaces

  • 3,686 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Entrance Foyer
  • Family Room with Fireplace
  • Second Story Great Room
  • Breakfast Room
  • Formal Dining Room
  • Bonus Room
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Wine Rack

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Lake On Lot
  • Deck

Schools

  • Matt Elementary School
  • Liberty - Forsyth Middle School
  • West Forsyth High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Community Details

  • Oakwood Forest Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 048 053

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,072

Year Built

Built in 2000 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Year Built: 2000
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Masonry
  • Number Of Fireplaces: 1
  • Other Equipment: Satellite Dish
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Gas Range, Microwave, Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), Entrance Foyer, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Pantry, Pantry Walk-In, Stone Counters, Wine Rack
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Great Room - 1 Story, Great Room - 2 Story
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3686.00

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Construction Materials: Aluminum Siding, Stone
  • Roof Type: Composition
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security System Owned
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Propane
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Oakwood Forest

Schools

  • Elementary School: Matt
  • Middle School: Liberty - Forsyth
  • High School: West Forsyth

Lot Info

  • Acres: 1.6200
  • Lot: 19
  • Lot Features: Lake On Lot, Landscaped, Private, Wooded
  • Parcel Number: 048 053
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat

Tax Info

  • Taxes: 3072.00
  • Assessor Parcel Number: 048-000-053
  • Close Date: 2019-02-28
  • Tax Year: 2017

Multi Family

  • Waterfront Features: Pond

MLS Schools

  • Elementary School: Matt
  • High School: West Forsyth
  • Middle School: Liberty - Forsyth

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 Type Sale Price Title Company
Special Warranty Deed $650,000 None Listed On Document
Warranty Deed $370,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $30,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $520,000 New Conventional
Closed $520,000 New Conventional
Previous Owner $363,298 FHA
Previous Owner $28,000 New Conventional
Previous Owner $135,000 New Conventional
Previous Owner $127,500 New Conventional
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: 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 $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

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6116409

First Multiple Listing Service (FMLS)

APN: 048-053