NOT LISTED FOR SALE

5220 Rustic Ct Cumming, GA 30040

Estimated Value: $808,000 - $832,000

5 Beds
4 Baths
4,189 Sq Ft
$195/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $560,000 $134 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,964/month

Highlights

  • Lake Front
  • Home Theater
  • Craftsman Architecture
  • Sawnee Elementary School Rated A
  • ENERGY STAR Certified Homes
  • Community Lake

About This Home

As of June 2021

Come claim this fabulous, better than new stunner in the West Forsyth High school district! This 5bdrm/ 4bth home features tons of must-see upgrades! Distressed Hardwoods on the 1st floor, Gourmet Chef's Kitchen with double Oven as well as a 5-burner cooktop. Quartz Countertops throughout the house. Main Bedroom features sitting area, w/ huge bathroom and wrap around closet. Extended double shower and wall to wall Tile flooring. Oversized media/game room with surround sound wiring. Outdoor entertainment with covered patio and ceiling fan. Cool Tech Features include: Ring Doorbell system, Dual Nest Thermostats, Smart front door Locks and Smart Garage that can be controlled from anywhere! N'hood Amenities-Pool w/slide, playground, clubhouse & Tennis!!! Close to dining, shopping, highly rated Forsyth County schools w/Forsyth taxes! Do not let this gem of Cumming get away!!

Last Agent to Sell the Property

Felecia Mormon

HomeSmart License #354409 Listed on: 05/14/2021

HomeSmart

Last Buyer's Agent

Sekhar Thadiparthi

Sekhars Realty, LLC. License #344359

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,618

Year Built

  • Built in 2015

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 77x154x78x141
  • Lake Front
  • Landscaped
  • Private Lot
  • Level Lot

HOA Fees

  • $52 Monthly HOA Fees

Parking

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

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Composition Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 4,189 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Wood Burning Stove
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Insulated Windows
  • Two Story Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Attic Fan

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry in Hall
  • Laundry on upper level

Home Security

  • Security System Owned
  • Smart Home
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • ENERGY STAR Certified Homes
  • Energy-Efficient Thermostat

Outdoor Features

  • Patio
  • Front Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 110 Volts
  • High-Efficiency Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 99 / A
  • Assessor Parcel Number 078 471

Community Details

Overview

  • $1,700 Initiation Fee
  • Arbors At Lakeview Association, Phone Number (404) 480-5164
  • Secondary HOA Phone (404) 480-5164
  • Arbors At Lakeview Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Swim or tennis dues are required
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,618

Year Built

Built in 2015

Lot Details

0

HOA Fees

$52 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Condition: Resale
  • Year Built: 2015
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 4189.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Gas Starter, Great Room, Wood Burning Stove
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Speed Internet, Smart Home, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry, Pantry Walk-In, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Family Room, Living Room, Media Room, Other
  • Dining Room Features: Butlers Pantry, Separate Dining Room
  • Square Footage: 4189.00
  • Spa Features: None
  • Window Features: Insulated Windows

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 Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Front Porch, Patio
  • Foundation: Slab

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Security System Owned, Smoke Detector(s)
  • Cooling: Attic Fan, Central Air, Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: In Hall, Laundry Room, Mud Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Underground Utilities
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Homeowners Assoc, Lake, Playground, Pool, Tennis Court(s)
  • Association Fee: 625
  • Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Hoa Contact Phone: 404-480-5164
  • Management Company Email: johnmichaelcook@fieldstonerp.com
  • Management Phone: 404-480-5164
  • Subdivision Complex: ARBORS AT LAKEVIEW

Association/Amenities

  • Management Company: Arbors at Lakeview

Schools

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

Lot Info

  • Acres: 0.2600
  • Lot: 99
  • Land/Lot: 1093
  • Section G M D: 1
  • Plat Book: 152
  • Plat Page: 112
  • Lot Features: Landscaped, Level, Private
  • Lot Dimensions: 77x154x78x141
  • Parcel Number: 078 471
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances, Doors, HVAC, Insulation, Thermostat, Water Heater
  • Green Building Certifications: ENERGY STAR Certified Homes
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 1700

Tax Info

  • Taxes: 4618.00
  • Assessor Parcel Number: 078-000-471
  • Close Date: 2021-06-18
  • Tax Year: 2020

Multi Family

  • Waterfront Features: Lake

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
May 14, 2021
Closed on
Jun 18, 2021
Sold by
Mormon Felecia L
Bought by
Kattamreddy Ashok Kumar
Seller's Agent
Felecia Mormon
HomeSmart
Buyer's Agent
Sekhar Thadiparthi
Sekhars Realty, LLC.
List Price
$519,900
Sold Price
$560,000
Premium/Discount to List
$40,100
7.71%
Current Estimated Value
$815,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,048
Avg. Annual Appreciation
9.19%
Original Mortgage
$498,750
Outstanding Balance
$452,538
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$362,510

Purchase Details

Listed on
Jul 29, 2015
Closed on
Jan 25, 2016
Sold by
Calatantic Grp Inc
Bought by
Mormon Larry Earl and Mormon Felicia L
Seller's Agent
Peter Danos
Atlanta Commercial Associates
Buyer's Agent
Felecia Mormon
HomeSmart
List Price
$427,721
Sold Price
$403,400
Premium/Discount to List
-$24,321
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$383,230
Interest Rate
3.98%
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
Kattamreddy Ashok Kumar $560,000 --
Mormon Larry Earl $403,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kattamreddy Ashok Kumar $498,750
Closed Kattamreddy Ashok Kumar Reddy $498,750
Previous Owner Mormon Larry Earl $383,230
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $560,000 +7.7% $134 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $519,900 +28.9% $124 / Sq Ft
01/25/2016 01/25/16 Sold $403,400 -6.1% --
12/21/2015 12/21/15 Pending -- -- --
10/01/2015 10/01/15 Price Changed $429,721 +0.5% --
07/30/2015 07/30/15 For Sale $427,721 -- --
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 $7,296 $299,132 $72,000 $227,132
2024 $7,296 $305,724 $64,000 $241,724
2023 $7,147 $290,348 $52,000 $238,348
2022 $5,707 $174,816 $40,000 $134,816
2021 $4,662 $174,816 $40,000 $134,816
2020 $4,618 $172,672 $40,000 $132,672
2019 $4,180 $154,408 $32,000 $122,408
2018 $4,676 $174,848 $32,000 $142,848
2017 $4,391 $161,360 $31,440 $129,920
2016 $4,554 $164,076 $32,000 $132,076
2015 $890 $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2021

    Felecia Mormon

    HomeSmart

    (678) 612-1591

    5 Total Sales

    Felecia Mormon
    Section Image
  • Sekhar Thadiparthi

    Buyer's Agent in 2021

    Sekhar Thadiparthi

    Sekhars Realty, LLC.

    (404) 808-9978

    658 Total Sales

    Sekhar Thadiparthi
    Section Image

  • P

    Seller's Agent in 2016

    Peter Danos

    Atlanta Commercial Associates

    Section Image

  • S

    Seller Co-Listing Agent in 2016

    STAFF ATC

    NOT A VALID MEMBER

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6882431

First Multiple Listing Service (FMLS)

APN: 078-471

Georgia Forsyth County Cumming 30040

5220 Rustic Ct, Cumming, GA

This home is located at 5220 Rustic Ct, Cumming, GA 30040 since 14 May 2021 and is currently estimated at $815,048, approximately $194 per square foot. This property was built in 2015. 5220 Rustic Ct is a home located in Forsyth County with nearby schools including Sawnee Elementary School, West Forsyth High School, and Montessori School of Cumming.

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