NOT LISTED FOR SALE

5320 Penny Ln Cumming, GA 30040

Estimated Value: $672,000 - $696,000

4 Beds
3 Baths
2,904 Sq Ft
$236/Sq Ft Est. Value

Last Sold August 16, 2013

Last sale price $305,000 $105 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $4,193/month

Highlights

  • Deck
  • Contemporary Architecture
  • Bonus Room
  • Vickery Creek Middle School Rated A
  • Wood Flooring
  • Great Room

About This Home

As of August 2013

This Gorgeous 4 Bedroom 3 Bath Home Features An Impressive 2-Story Foyer And family Room With Stone Fireplace, Large Eat In Kitchen Includes Granite Counters, Stainless Appliances, Seperate Dining Room, Living Room And Or Office. Guest Suite On Main Level, Large Family Style Loft Overlooks Family Room. Spacious master Suite With His/Her Walk In Closets, Secondary Bedrooms Are Joined By a Jack-N-Jill Bath With Custom Granite Counters and Vanity, This All Sits On A Full Unfinished Basement Waiting You Own Custom Touch, Located In Desirable Vickery And West School District

Last Agent to Sell the Property

Larry Perkins

Team One Realty Partners, LLC License #317935 Listed on: 07/12/2013

Last Buyer's Agent

Terre Slaughter

RE/MAX Around Atlanta Realty License #107710

RE/MAX Around Atlanta Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,381

Year Built

  • Built in 2007

Lot Details

  • Landscaped
  • Level Lot
  • Irrigation Equipment
  • Garden

HOA Fees

  • Property has a Home Owners Association

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 2,904 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Stubbed For A Bathroom

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Front Porch

Location

  • Property is near schools

Schools

  • Vickery Creek Elementary And Middle School
  • West Forsyth High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number 5320PennyLN

Community Details

Overview

  • Vickery Downs Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,381

Year Built

Built in 2007

Lot Details

0

HOA Fees

$56 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern
  • Property Condition: Resale
  • Year Built: 2007
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Disappearing Attic Stairs, Entrance Foyer, High Ceilings 9 ft Main, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Full, Interior Entry, Unfinished
  • Kitchen Features: Breakfast Room, Cabinets Stain, Solid Surface Counters, Eat-in Kitchen, Kitchen Island, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Family Room, Great Room - 1 Story, Office
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2904.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Main Bedrooms: 1
  • Total Full Baths: 3
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower

Exterior Features

  • Construction Materials: Cement Siding, Frame, Stone
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Front Porch
  • Exterior Features: Garden

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Heat Pump, Natural Gas
  • Laundry Features: Laundry Room, Upper Floor

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Near Schools, Pool
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Vickery Downs

Lot Info

  • Lot: 65
  • Section G M D: 1
  • Lot Features: Landscaped, Level
  • Lot Dimensions: .27
  • Parcel Number: 5320PennyLN
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat, Windows

Tax Info

  • Taxes: 2381.00
  • Tax Year: 2012

MLS Schools

  • Elementary School: Vickery Creek
  • High School: West Forsyth
  • Middle School: Vickery Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2013
Closed on
Aug 16, 2013
Sold by
Mehler Joseph A
Bought by
Russell Heidi Shook
Seller's Agent
Larry Perkins
Team One Realty Partners, LLC
Buyer's Agent
Terre Slaughter
RE/MAX Around Atlanta Realty
List Price
$298,000
Sold Price
$305,000
Premium/Discount to List
$7,000
2.35%
Current Estimated Value
$685,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,248
Avg. Annual Appreciation
6.85%
Original Mortgage
$274,500
Outstanding Balance
$204,136
Interest Rate
4.39%
Mortgage Type
New Conventional
Estimated Equity
$481,112

Purchase Details

Closed on
Oct 1, 2012
Sold by
Mehler Joseph A
Bought by
Mehler Joseph A and Mehler Dawn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,692
Interest Rate
3.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Russell Heidi Shook $305,000 --
Mehler Joseph A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Heidi Shook $274,500
Previous Owner Mehler Joseph A $142,692
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2013 08/16/13 Sold $305,000 +2.3% $105 / Sq Ft
07/14/2013 07/14/13 Pending -- -- --
07/12/2013 07/12/13 For Sale $298,000 -- $103 / 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
2025 $6,604 $273,292 $72,000 $201,292
2024 $6,604 $269,324 $68,000 $201,324
2023 $5,984 $243,128 $60,000 $183,128
2022 $5,865 $166,904 $49,200 $117,704
2021 $4,609 $166,904 $49,200 $117,704
2020 $4,272 $154,700 $30,000 $124,700
2019 $3,759 $135,920 $30,000 $105,920
2018 $3,618 $130,848 $30,000 $100,848
2017 $3,448 $124,248 $30,000 $94,248
2016 $3,282 $118,248 $24,000 $94,248
2015 $3,059 $110,008 $20,000 $90,008
2014 $2,702 $102,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5171481

First Multiple Listing Service (FMLS)

APN: 058-444