$362,000
SOLD JUN 24, 2016

5240 Orchard Ct Cumming, GA 30040

4 Beds
3.5 Baths
4,337 Sq Ft
0.39 Acres

Recently Sold

$83 Per Sq Ft

5% Below List Price

27 Days on Market

Highlights

  • Lake Front
  • Sitting Area In Primary Bedroom
  • Clubhouse
  • George W. Whitlow Elementary School Rated A
  • Community Lake
  • Deck

About This Home

As of March 2022

Fully Automated Smart Home on Private, Culdesac Lake Lot & Forysth County Schools! New Roof, Extended TREX Deck, Gorgeous Hardwoods Throughout & Recently Renovated Master Bath! Will Go Fast! Ethernet in Every Room. Smart Home Features Cloud Management of Front Doors, Thermostat, Garage Doors, Smoke Detectors & More to Add! 2 story Foyer; Bright Family Room w/Views of a Serene Wooded Lot. SS Appliances, Plantation Shutters, Screened Sunroom, Built In Bookcases! 3 generous size secondary beds! Master w/Sitting Room, Travertine Bath and Oversized Closet &Gorgeous Basement!

Last Agent to Sell the Property

Crystal Bhurgri

NOT A VALID MEMBER License #358022 Listed on: 04/27/2016

Last Buyer's Agent

Theja Reese

Anderson Reese Real Estate License #357694

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,767

Year Built

  • Built in 1999

Lot Details

  • 0.39 Acre Lot
  • Lake Front
  • Fenced
  • Private Lot
  • Wooded Lot
  • Garden

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Brick Front

Interior Spaces

  • 4,337 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Rear Stairs
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 10 feet on the upper level
  • Ceiling Fan
  • 2 Fireplaces
  • Factory Built Fireplace
  • Two Story Entrance Foyer
  • Great Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Screened Porch
  • Home Gym
  • Wood Flooring
  • Lake Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Patio

Schools

  • George W. Whitlow Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 103 136

Community Details

Overview

  • $650 Initiation Fee
  • Castlebrooke Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,767

Year Built

Built in 1999

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1999
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Factory Built
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Disposal, Double Oven, Microwave, Refrigerator
  • Interior Amenities: Bookcases, Central Vacuum, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Lower, High Ceilings 9 ft Main, High Ceilings 10 ft Upper, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full
  • Kitchen Features: Cabinets White, Eat-in Kitchen, Kitchen Island, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Exercise Room, Family Room, Great Room - 1 Story, Living Room, Sun Room
  • Dining Room Features: Butlers Pantry, Separate Dining Room
  • Square Footage: 4337.00

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Patio, Screened, Wrap Around
  • Exterior Features: Garden, Rear Stairs
  • View: Lake

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Homeowners Assoc, Lake, Park, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Castlebrooke

Schools

  • Elementary School: George W. Whitlow
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Acres: 0.3900
  • Lot Features: Private, Wooded
  • Lot Dimensions: .39
  • Parcel Number: 103 136
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat

Rental Info

  • Initiation Fee: 650

Tax Info

  • Taxes: 3767.00
  • Assessor Parcel Number: 103-000-136
  • Close Date: 2016-06-24
  • Tax Year: 2015

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: George W. Whitlow
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2021
Sold by
Reese Paul
Bought by
Reese Paul and Reese Theja
Current Estimated Value
$791,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Outstanding Balance
$222,831
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$601,654

Purchase Details

Listed on
Apr 27, 2016
Closed on
Jun 24, 2016
Sold by
Boss Brett Shannon
Bought by
Reese Paul
Seller's Agent
Crystal Bhurgri
NOT A VALID MEMBER
Buyer's Agent
Theja Reese
Anderson Reese Real Estate
List Price
$380,000
Sold Price
$362,000
Premium/Discount to List
-$18,000
-4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Original Mortgage
$343,900
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2012
Closed on
Mar 15, 2013
Sold by
Hoover Meghan G
Bought by
Boss Brett Shannon
Seller's Agent
Ginger Lightburn
Real Broker, LLC.
Buyer's Agent
SUSAN PHELPS
NOT A VALID MEMBER
List Price
$340,000
Sold Price
$339,000
Premium/Discount to List
-$1,000
-0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.02%
Original Mortgage
$271,200
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2010
Sold by
Hoover Nicholas J and Hoover Meghan G
Bought by
Hoover Meghan G

Purchase Details

Closed on
Jun 30, 2009
Sold by
Merrill Lynch Series 2007 & 1
Bought by
Hoover Nicholas J and Hoover Meghan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,987
Interest Rate
4.79%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2009
Sold by
Mirfendereski Ali
Bought by
Merrill Lynch Series 2007 & 1

Purchase Details

Closed on
Apr 30, 1999
Sold by
Sharp Dev Inc
Bought by
Mirfendereski Ali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,150
Interest Rate
7%
Mortgage Type
New Conventional
Source: Public Records

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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
Warranty Deed -- --
Warranty Deed $362,000 --
Warranty Deed $339,000 --
Quit Claim Deed -- --
Deed $300,000 --
Foreclosure Deed $262,500 --
Deed $273,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $249,000 New Conventional
Previous Owner $304,000 New Conventional
Previous Owner $343,900 New Conventional
Previous Owner $271,200 New Conventional
Previous Owner $289,987 FHA
Previous Owner $406,000 Stand Alone Second
Previous Owner $82,000 Stand Alone Second
Previous Owner $37,000 Credit Line Revolving
Previous Owner $260,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $46,500 Credit Line Revolving
Previous Owner $253,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $50,000 Credit Line Revolving
Previous Owner $232,150 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $780,000 +15.6% $156 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
02/12/2022 02/12/22 For Sale $675,000 +86.5% $135 / Sq Ft
06/24/2016 06/24/16 Sold $362,000 -2.1% $83 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
05/07/2016 05/07/16 Price Changed $369,900 -2.7% $85 / Sq Ft
04/27/2016 04/27/16 For Sale $380,000 +12.1% $88 / Sq Ft
03/15/2013 03/15/13 Sold $339,000 -0.3% $118 / Sq Ft
01/29/2013 01/29/13 Pending -- -- --
10/25/2012 10/25/12 For Sale $340,000 -- $118 / 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 $7,524 $306,844 $78,000 $228,844
2023 $7,033 $285,744 $78,000 $207,744
2022 $6,037 $186,256 $41,600 $144,656
2021 $5,143 $186,256 $41,600 $144,656
2020 $4,894 $177,240 $39,000 $138,240
2019 $4,757 $172,024 $36,400 $135,624
2018 $4,731 $171,088 $36,400 $134,688
2017 $4,019 $144,800 $24,160 $120,640
2016 $3,821 $149,476 $24,960 $124,516
2015 $3,767 $146,596 $24,960 $121,636
2014 $3,182 $127,024 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5682071

First Multiple Listing Service (FMLS)

APN: 103-136