NOT LISTED FOR SALE

5280 Rustic Ct Cumming, GA 30040

Estimated Value: $778,041 - $858,000

5 Beds
3 Baths
3,551 Sq Ft
$229/Sq Ft Est. Value

Last Sold August 11, 2022

Last sale price $730,000 $206 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,080/month

13 Days on Market

Highlights

  • Dining Room Seats More Than Twelve
  • Clubhouse
  • Private Lot
  • Sawnee Elementary School Rated A
  • Deck
  • Traditional Architecture

About This Home

As of August 2022

STUNNING 5bed / 3 full bath custom built single family house (CUL-DE-SAC) with a daylight basement (6 extra windows added+9 foot ceiling) and a lot of upgrades LIKE BRAND NEW(owner barely lived in). Hardwood floor throughout the whole house including tiled closets. Full bed and bath(tiled shower room with frameless glass door) on the main floor! Spacious family room with stacked stone fireplace. Incredible open concept kitchen w/ granite countertops and 42" cabinets, Giant island with double sided cabinets, Upgraded stainless steel appliances, Double ovens, Gas cooking top! Oversized Master bedroom with Tray ceiling + Master bath features tiled shower room with frameless glass door , his+hers Walk-in closet & Vanities. Extra laundry sink added. All top-graded hardware. Oversize doors. 24-hours tankless water heater. 220V outlet custom added for your electrical car in the garage. Neighborhood amenities include: Pool, 4-lighted tennis courts, Amenity center, Playground & lake.

Last Agent to Sell the Property

Joanna Head

Virtual Properties Realty.com License #379336 Listed on: 06/26/2022

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,651

Year Built

  • Built in 2015

Lot Details

  • 10,454 Sq Ft Lot
  • Cul-De-Sac
  • Private Lot

HOA Fees

  • $58 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Siding
  • Brick Front

Interior Spaces

  • 3,551 Sq Ft Home
  • 3-Story Property
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Home Office
  • Wood Flooring
  • Attic Fan

Kitchen

  • Breakfast Bar
  • Double Oven
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • Double Vanity

Laundry

  • Laundry Room
  • Laundry on upper level

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Air Filter
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • $700 Initiation Fee
  • Association fees include ground maintenance, swimming, tennis
  • Arbors At Lakeview Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,651

Year Built

Built in 2015

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2015
  • ArchitecturalStyle: Brick Front, Traditional
  • Financing Type: Conventional
  • Levels: Three Or More
  • Lot Size Acres: .24
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 3551
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Tankless Water Heater, Dishwasher, Double Oven, Disposal
  • Bedrooms: 5
  • Dining Room Features: Seats 12+
  • Basement: Daylight, Interior Entry, Exterior Entry, Full
  • Total Finished Sq Ft: 3551
  • Above Grade Finished Sq Ft: 3551
  • Interior Amenities: Tray Ceiling(s), High Ceilings, Double Vanity
  • Full Bathrooms: 3
  • Fireplace Features: Living Room
  • Flooring: Hardwood
  • Kitchen Features: Breakfast Bar, Kitchen Island, Solid Surface Counters
  • Other Equipment: Electric Air Filter
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 205.58

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Bedroom Main Level: 1

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Concrete
  • Lot Features: Cul-De-Sac, Private
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Garage Door Opener, Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Attic Fan
  • Heating: Natural Gas, Central
  • Laundry Features: Common Area, Upper Level
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 700
  • Association: Yes
  • Community Features: Clubhouse, Playground, Pool, Tennis Court(s)

Fee Information

  • Initiation Fee: 700
  • Association Fee Includes: Maintenance Grounds, Swimming, Tennis

Schools

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

Lot Info

  • Deed Book: 7441
  • Deed Page: 583

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4651

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2022
Closed on
Aug 11, 2022
Sold by
Jian Qiao
Bought by
Yechuri Priyanka Tejaswi and Krishna Joghadenu Rama
Seller's Agent
Joanna Head
Virtual Properties Realty.com
List Price
$785,000
Sold Price
$730,000
Premium/Discount to List
-$55,000
-7.01%
Current Estimated Value
$813,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,760
Avg. Annual Appreciation
3.59%
Original Mortgage
$642,400
Outstanding Balance
$617,368
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$195,514

Purchase Details

Closed on
Jun 30, 2015
Sold by
The Ryalnd Grp Inc
Bought by
Pei Wen and Qiao Jian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,661
Interest Rate
5.25%
Source: Public Records

Range of Values:

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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
Yechuri Priyanka Tejaswi $730,000 Liu & Associates Pc
Pei Wen $412,796 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yechuri Priyanka Tejaswi $642,400
Previous Owner Pei Wen $247,661
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Sold $730,000 -3.3% $206 / Sq Ft
07/09/2022 07/09/22 Pending -- -- --
07/08/2022 07/08/22 Price Changed $755,000 -3.8% $213 / Sq Ft
06/26/2022 06/26/22 For Sale $785,000 -- $221 / Sq Ft
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 $7,051 $296,320 $64,000 $232,320
2023 $6,867 $278,988 $52,000 $226,988
2022 $5,496 $168,420 $40,000 $128,420
2021 $4,651 $168,420 $40,000 $128,420
2020 $4,595 $166,392 $40,000 $126,392
2019 $4,107 $148,528 $32,000 $116,528
2018 $4,573 $165,368 $32,000 $133,368
2017 $4,328 $155,948 $32,000 $123,948
2016 $4,328 $155,948 $32,000 $123,948
2015 $890 $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10064820

Georgia MLS

APN: 078-521