NOT LISTED FOR SALE

5240 Rustic Ct Unit 97A Cumming, GA 30040

Estimated Value: $809,129 - $868,000

5 Beds
4 Baths
-- Sq Ft
0.25 Acres

Last Sold May 22, 2015

Last sale price $396,871

Est. 109% increase in value since last sale

Current estimated payment $5,064/month

128 Days on Market

Highlights

  • Home Theater
  • Community Lake
  • Community Pool
  • Sawnee Elementary School Rated A
  • Recreation Room
  • Tennis Courts

About This Home

As of May 2015

NEW Wilmington,2-Story,Slab,5 Bedroom,4 Bath Home Facing North! Enter the 2-story Foyer, Hardwood Floors thru-out Main Floor.Coffered Ceiling Family Rm Features Stacked Stone Fireplace w/Glass Doors,Gas Logs. Island Kitchen has 42" Cabinets w/Under Lighting,Granite Countertops,Tile Backsplash,Stainless Steel Appl,Walk-In Pantry.Formal Dining Rm,Study,Bdrm/Bath on Main Flr,Mud Rm. Upstairs Media /Gameroom.Upgrades thru-out:Coat Valet,Light Fixtures,Tile Baths,PreWired 5.1 Surround Sound.Swim/Tennis Community:Jr Olympic Pool w/Slide,Playground,Lakes! Move in Ready.

Last Agent to Sell the Property

Peter Danos

Atlanta Commercial Associates License #150289 Listed on: 12/29/2014

Last Buyer's Agent

PATRICK MEYERS

Pat Meyers Realty LLC License #346006

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $6,282

Year Built

  • 2014

Lot Details

  • 0.25

Home Design

  • Slab Foundation
  • Ceiling Insulation
  • Floor Insulation
  • Roof Vent Fans

Interior Spaces

  • Low Flow Plumbing Fixtures
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Home Theater
  • Recreation Room

Home Security

  • Alarm System
  • Fire and Smoke Detector

Schools

  • Sawnee / Forsyth / Forsyth County Elementary School
  • Liberty / Forsyth / Forsyth County Middle School
  • West Forsyth / Forsyth / Forsyth County High School

Utilities

  • Electric Air Filter
  • Programmable Thermostat
  • Underground Utilities
  • Gas Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Property Details

Home Type

Other

Est. Annual Taxes

$6,282

Year Built

2014

Lot Details

0

Listing Details

  • Special Features: NewHome
  • Year Built: 2014

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Factory Built
  • Basement: Slab/None
  • Equipment: Burglar Alarm, Smoke/Fire Alarm, Electric Air Filter
  • Kitchen Equipment: Convection Oven, Separate Cooktop, Dishwasher, Double Oven, Garbage Disposal, Icemaker Line, Built-In Microwave
  • Feature Name: Other Lake
  • Interior Amenities: Cable In Street, Trey Ceilings, Ceilings 9 Ft Plus, Double Vanity, 2 Story Foyer, Entrance Foyer, Garden Tub, Gas Logs, Hardwood Floors, Pulldown Attic Stairs, Separate Shower, Walk-in Closet, Wall-to-wall Carpet
  • Laundry Location: Upstairs
  • Laundry Type: Room
  • Kitchen / Breakfast: Breakfast Area, Island, Solid Surface Counters, Walk-in Pantry

Exterior Features

  • Construction: Brick Front, Stone
  • Exterior Features: Deck/Patio, Porch
  • Roof Type: Composition
  • Waterfront Frontage: 0

Garage/Parking

  • Parking: 2 Car, Attached, Auto Garage Door, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central, Zoned/Dual
  • Heating Fuel: Gas
  • Heating: Forced Air, Zoned/Dual
  • Energy Features: Double Pane/Thermo, Ceiling Insulation, Floor Insulation, Programmable Thermostat, Roof Vent Fans, Gas Water Heater
  • Water/Sewer: Low Flow Fixtures, Public Water, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 600
  • HOA Fee Frequency: Annual

Association/Amenities

  • Amenities: Lake, Neighborhood Association, Playground, Pool, Tennis Courts, Underground Utilities

Fee Information

  • Initiation Fee: 600.0

Schools

  • Elementary School: Sawnee / Forsyth / Forsyth County, GA
  • Elementary Bus Line: Yes
  • High School: West Forsyth / Forsyth / Forsyth County, GA
  • High School Bus: Yes
  • Middle School: Liberty / Forsyth / Forsyth County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Private Backyard
  • Lot Size: Less than 1/3 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2014
Closed on
May 22, 2015
Sold by
The Ryland Grp Inc
Bought by
Yarakaraju Gopala K and Yarakaraju Madhuri
Seller's Agent
Peter Danos
Atlanta Commercial Associates
Buyer's Agent
PATRICK MEYERS
Pat Meyers Realty LLC
List Price
$415,871
Sold Price
$396,871
Premium/Discount to List
-$19,000
-4.57%
Current Estimated Value
$829,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,372
Original Mortgage
$337,340
Interest Rate
3.03%
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
Yarakaraju Gopala K $396,871 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yarakaraju Gopala K $239,531
Closed Yarakaraju Gopala K $337,340
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2015 05/22/15 Sold $396,871 -4.8% --
05/07/2015 05/07/15 Pending -- -- --
04/07/2015 04/07/15 Price Changed $416,871 +0.2% --
03/23/2015 03/23/15 For Sale $415,871 0.0% --
03/03/2015 03/03/15 Pending -- -- --
01/07/2015 01/07/15 Price Changed $415,871 +0.2% --
12/29/2014 12/29/14 For Sale $414,871 -- --
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
2024 $6,282 $301,216 $64,000 $237,216
2023 $5,652 $283,888 $52,000 $231,888
2022 $5,161 $172,524 $40,000 $132,524
2021 $4,601 $172,524 $40,000 $132,524
2020 $4,558 $170,460 $40,000 $130,460
2019 $4,086 $151,032 $32,000 $119,032
2018 $4,617 $172,688 $32,000 $140,688
2017 $4,409 $162,028 $32,000 $130,028
2016 $4,317 $158,712 $31,352 $127,360
2015 $4,505 $162,028 $32,000 $130,028
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Peter Danos

    Atlanta Commercial Associates

    Section Image

  • P

    Buyer's Agent in 2015

    PATRICK MEYERS

    Pat Meyers Realty LLC

    Section Image
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Map

Source: Georgia MLS

MLS Number: 07380371

Georgia MLS

APN: 078-469

Georgia Forsyth County Cumming 30040

5240 Rustic Ct Unit 97A, Cumming, GA

This home is located at 5240 Rustic Ct Unit 97A, Cumming, GA 30040 since 29 December 2014 and is currently estimated at $832,532. This property was built in 2014. 5240 Rustic Ct Unit 97A 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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