NOT LISTED FOR SALE

5240 Rustic Ct Cumming, GA 30040

Estimated Value: $728,780 - $836,000

5 Beds
4 Baths
3,745 Sq Ft
$211/Sq Ft Est. Value

Sale Details

Date Sold: May 22, 2015

Last sale price $395,871 $106 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,791 / mo

142 Days on Market

Highlights

  • Lake Front
  • Media Room
  • Home Energy Rating Service (HERS) Rated Property
  • Sawnee Elementary School Rated A
  • Built in 2014 | Newly Remodeled
  • National Green Building Standard for New Construction

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,Cabana,Playground,2 Lakes! Move in Ready.

Last Agent to Sell the Property

Peter Danos

Atlanta Commercial Associates License #150289 Listed on: 12/16/2014

Co-Listed By

STAFF ATC

NOT A VALID MEMBER License #STAFF

Last Buyer's Agent

PATRICK MEYERS

NOT A VALID MEMBER License #346006

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • Lake Front
  • Landscaped
  • Private Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Stone Siding
  • Brick Front

Interior Spaces

  • 3,745 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Media Room
  • Game Room

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Dual Closets
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • National Green Building Standard for New Construction
  • Home Energy Rating Service (HERS) Rated Property
  • HERS Index Rating of 71 | Home's energy 30% more efficient than a standard home
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • 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
  • Electric Air Filter
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 097 / A
  • Assessor Parcel Number 5240RUSTICCT

Community Details

Overview

  • $600 Initiation Fee
  • Arbors At Lakeview 97 Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0.25 Acres

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: New Construction
  • Year Built: 2014
  • Levels Stories: Two
  • Special Features: NewHome
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log, Glass Doors
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Speed Internet, His and Hers Closets, Low-Flow Fixtures, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Game Room, Living Room, Media Room, Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3745.00
  • Window Features: Insulated Windows

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick Front, Stone
  • Roof Type: Composition, Ridge Vents
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Level Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Lake, Playground, Pool, Tennis Court(s)
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: ARBORS AT LAKEVIEW 97

Lot Info

  • Lot: 097
  • Section G M D: 1
  • Plat Book: 143
  • Plat Page: 191-2
  • Lot Features: Landscaped, Private
  • Parcel Number: 5240RUSTICCT
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Thermostat, Windows
  • H E R S Index Rating: 71
  • Green Building Certifications: HERS Index Score, NGBS New Construction

Rental Info

  • Initiation Fee: 600

Multi Family

  • Waterfront Features: Lake

Tax Info

  • Tax Year: 2014

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
Dec 16, 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
NOT A VALID MEMBER
Sold Price
$395,871
Current Estimated Value
$789,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,074
Avg. Annual Appreciation
6.54%
Original Mortgage
$337,340
Outstanding Balance
$251,237
Interest Rate
3.03%
Mortgage Type
New Conventional
Estimated Equity
$538,708
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $337,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2015 05/22/15 Sold $395,871 -- $106 / Sq Ft
05/07/2015 05/07/15 Pending -- -- --
Source: First Multiple Listing Service (FMLS)

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 $6,282 $292,540 $72,000 $220,540
2024 $6,282 $301,216 $64,000 $237,216
2023 $5,652 $283,888 $52,000 $231,888
Source: Public Records

Agents Affiliated with this Home

  • Peter Danos

    Seller's Agent in 2015

    Peter Danos

    Atlanta Commercial Associates

    (404) 433-2151

    1 Total Sale

    Peter Danos
    Section Image

  • S

    Seller Co-Listing Agent in 2015

    STAFF ATC

    NOT A VALID MEMBER

  • P

    Buyer's Agent in 2015

    PATRICK MEYERS

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5378918

First Multiple Listing Service (FMLS)

APN: 078-469

Georgia Forsyth County Cumming 30040

5240 Rustic Ct, Cumming, GA

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