NOT LISTED FOR SALE

5125 Northview Lake Cumming, GA 30040

Estimated Value: $800,000 - $859,000

5 Beds
4 Baths
3,699 Sq Ft
$222/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $700,000 $189 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,031/month

11 Days on Market

Highlights

  • Open-Concept Dining Room
  • Home Theater
  • City View
  • Sawnee Elementary School Rated A
  • Separate his and hers bathrooms
  • A-Frame Home

About This Home

As of April 2022

Gorgeous 5BR/4BR 2-story w/ many builder upgrades, bricks on 3 sides in Arbors at Lakeview w/ swim/tennis/playground! Beautiful open kitchen w/ huge island, upgraded quartz counters throughout, all open to large family room featuring fireplace. Main floor also features upgraded hardwood floors, large office/sitting room, separate dining room, full bath w/ tiled shower and full bedroom! Out back enjoy covered & screened sunroom and spacious private back yard with 18 feet trampoline. Upstairs enjoy oversized master bedroom and en-suite w/ double vanities, frameless shower, garden tub and massive walk-in closet. 2 secondary bedrooms w/ jack/jill full bath w/ standup shower, 4th large upstairs bedroom with great view, and upstairs laundry room. Huge media room upstairs perfect for home theater. Other upgrades include TANKLESS-recirculating water heater! and many more.

Last Agent to Sell the Property

YAOHUI BAI

AllTrust Realty, Inc. License #320640 Listed on: 03/15/2022

AllTrust Realty, Inc.

Last Buyer's Agent

YAOHUI BAI

AllTrust Realty, Inc. License #320640 Listed on: 03/15/2022

AllTrust Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,464

Year Built

  • Built in 2015

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 77x142
  • Garden
  • Back and Front Yard

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • A-Frame Home
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 3,699 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Insulated Windows
  • Shutters
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Screened Porch
  • City Views
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • 220 Volts In Laundry

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation

Outdoor Features

  • Balcony
  • Patio
  • Rain Gutters

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • 110 Volts
  • Tankless Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 078 457

Community Details

Overview

  • $946 Initiation Fee
  • Arbors At Lakeview Subdivision
  • Community Lake

Amenities

  • Meeting Room

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,464

Year Built

Built in 2015

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: 3-1-1092 LT57 PH 1 ARBORS AT LAKE VIEW
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame, Traditional
  • Property Condition: Resale
  • Year Built: 2015
  • Levels Stories: Two
  • Cert Prof Home Bldrs Legacy: Ryland homes
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater
  • Interior Amenities: Disappearing Attic Stairs, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Kitchen Island
  • Common Walls: No Common Walls
  • Additional Rooms: Media Room, Office
  • Dining Room Features: Open Concept, Separate Dining Room
  • Square Footage: 3699.00
  • Spa Features: None
  • Window Features: Double Panes, Insulated Windows, Shutters

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Oversized Master
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick 3 Sides
  • Roof Type: Composition, Shingle
  • Patio And Porch Features: Covered, Enclosed, Front Porch, Patio, Screened
  • Exterior Features: Balcony, Garden, Rain Gutters
  • View: City
  • Foundation: Slab

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Front

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air, Natural Gas, Separate Meters
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: 110 Volts, 220 Volts in Laundry

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Homeowners Assoc, Lake, Meeting Room, Near Trails/Greenway, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 700
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Arbors at Lakeview

Schools

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

Lot Info

  • Acres: 0.2500
  • Lot: 57
  • Land/Lot: 1093
  • Section G M D: 1
  • Plat Book: 152
  • Plat Page: 112
  • Lot Features: Back Yard, Front Yard
  • Lot Dimensions: 77x142
  • Parcel Number: 078 457
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Insulation, Water Heater, Windows
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 946

Tax Info

  • Taxes: 4464.00
  • Assessor Parcel Number: 078-000-457
  • Close Date: 2022-04-29
  • Tax Year: 2021

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Sawnee
  • High School: West Forsyth
  • Middle School: Liberty - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
Apr 29, 2022
Sold by
Yin Mengyi
Bought by
Kambhampati Karthik
Seller's Agent
YAOHUI BAI
AllTrust Realty, Inc.
Buyer's Agent
YAOHUI BAI
AllTrust Realty, Inc.
List Price
$669,000
Sold Price
$700,000
Premium/Discount to List
$31,000
4.63%
Current Estimated Value
$813,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,310
Avg. Annual Appreciation
3.71%
Original Mortgage
$532,000
Outstanding Balance
$503,413
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$285,631

Purchase Details

Closed on
Sep 4, 2020
Sold by
Ying Mengyi
Bought by
Ying Mengyi and Zeng Lei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

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
Ying Mengyi -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kambhampati Karthik $532,000
Closed Ying Mengyi $275,000
Previous Owner Ying Mengyi $289,540
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $700,000 +4.6% $189 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $669,000 0.0% $181 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $669,000 -- $181 / 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 $6,238 $296,364 $64,000 $232,364
2023 $5,621 $280,000 $51,840 $228,160
2022 $4,291 $167,432 $40,000 $127,432
2021 $4,458 $167,432 $40,000 $127,432
2020 $3,764 $167,432 $40,000 $127,432
2019 $4,045 $149,528 $32,000 $117,528
2018 $4,429 $165,408 $32,000 $133,408
2017 $4,347 $156,636 $32,000 $124,636
2016 $4,018 $144,768 $32,000 $112,768
2015 $890 $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7012974

First Multiple Listing Service (FMLS)

APN: 078-457