NOT LISTED FOR SALE

5360 Penny Ln Cumming, GA 30040

Estimated Value: $709,000 - $734,427

6 Beds
3.5 Baths
4,999 Sq Ft
$145/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $390,000 $78 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,364/month

Highlights

  • Home Theater
  • Sitting Area In Primary Bedroom
  • Traditional Architecture
  • Vickery Creek Middle School Rated A
  • Dining Room Seats More Than Twelve
  • Bonus Room

About This Home

As of May 2019

Welcome to your South Forsyth beauty! Only minutes to Vickery Village and the Collection at Forsyth! This gorgeous, open floor plan home boasts 6 large bedrooms, 3.5 baths, fully finished basement. Kitchen has stainless steel appliances, an oversized island, and a direct view to family room. Lovely keeping room and family room have gas fireplaces. Bright and open basement has 2 bedrooms, full bath, rec. room, wet bar, and workshop. It also features a flat, fenced yard. This perfect home is move-in ready, come and see it today!

Last Agent to Sell the Property

Michelle Sanders

Sanders RE, LLC License #264391 Listed on: 01/07/2019

Sanders RE, LLC

Co-Listed By

Summer Brady

Mainstay Brokerage LLC License #277295

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,372

Year Built

  • Built in 2007

Lot Details

  • 8,712 Sq Ft Lot
  • Landscaped
  • Level Lot

HOA Fees

  • $69 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Roof
  • Brick Front

Interior Spaces

  • 4,999 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 10 feet on the lower level
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Bonus Room
  • Workshop
  • Sun or Florida Room

Kitchen

  • Open to Family Room
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Dual Closets
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Finished Basement

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

Eco-Friendly Details

  • Energy-Efficient Appliances

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Cma Association, Phone Number (404) 835-9159
  • Vickery Downs Subdivision

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 058 441

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,372

Year Built

Built in 2007

Lot Details

0

HOA Fees

$69 per month

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: 2007
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Refrigerator, Gas Range, Microwave
  • Interior Amenities: High Ceilings 10 ft Main, High Ceilings 10 ft Lower, High Ceilings 10 ft Upper, Entrance Foyer, His and Hers Closets
  • Basement: Daylight, Exterior Entry, Finished Bath, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Room, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Family Room, Media Room, Sun Room, Workshop
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 4999.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 6
  • Bedroom Features: Sitting Room
  • Lower Bedrooms: 2
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Composition

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Upper Floor
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Association Fee: 825
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 404-835-9159
  • Management Company Email: mcreswell@cma.com
  • Management Phone: 404-835-9159
  • Subdivision Complex: Vickery Downs

Association/Amenities

  • Management Company: CMA

Lot Info

  • Acres: 0.2000
  • Lot: 62
  • Section G M D: 1st
  • Plat Book: 109
  • Plat Page: 80
  • Lot Features: Landscaped, Level
  • Parcel Number: 058 441
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances
  • Green Energy Generation: None

Tax Info

  • Taxes: 3372.00
  • Tax Year: 2017

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Vickery Creek
  • High School: West Forsyth
  • Middle School: Vickery Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2019
Closed on
May 15, 2019
Sold by
Sph Property One Llc
Bought by
Stallings Margaret and Ciuppa Brian
Seller's Agent
Michelle Sanders
Sanders RE, LLC
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$415,000
Sold Price
$390,000
Premium/Discount to List
-$25,000
-6.02%
Current Estimated Value
$723,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,607
Avg. Annual Appreciation
10.04%
Original Mortgage
$370,500
Outstanding Balance
$325,083
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$398,524

Purchase Details

Closed on
Nov 30, 2018
Sold by
Milligan Austin Douglas
Bought by
Sph Property One Llc

Purchase Details

Listed on
May 12, 2016
Closed on
Jul 7, 2016
Sold by
Martin J
Bought by
Milligan Austin Douglas and Milligan Kristen Elaine
Seller's Agent
Mike Terry
Atlanta Intown Real Estate Services
Buyer's Agent
Brooke Morgan
EXP Realty, LLC.
List Price
$389,900
Sold Price
$380,000
Premium/Discount to List
-$9,900
-2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$361,000
Interest Rate
3.6%

Purchase Details

Closed on
Oct 30, 2008
Sold by
Scenic Homes
Bought by
Raymond Martin J and Raymond Candace S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,680
Interest Rate
5.89%
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
Stallings Margaret $390,000 --
Sph Property One Llc $405,000 --
Milligan Austin Douglas $380,000 --
Raymond Martin J $295,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stallings Margaret $370,500
Previous Owner Milligan Austin Douglas $361,000
Previous Owner Raymond Martin J $249,680
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2019 05/15/19 Sold $390,000 -0.5% $78 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
04/19/2019 04/19/19 Price Changed $392,000 -1.0% $78 / Sq Ft
04/11/2019 04/11/19 Price Changed $396,000 -1.0% $79 / Sq Ft
04/03/2019 04/03/19 Price Changed $400,000 -1.0% $80 / Sq Ft
03/25/2019 03/25/19 Price Changed $403,940 -0.5% $81 / Sq Ft
03/18/2019 03/18/19 Price Changed $405,940 -0.5% $81 / Sq Ft
03/10/2019 03/10/19 Price Changed $407,940 -0.2% $82 / Sq Ft
03/02/2019 03/02/19 Price Changed $408,940 -0.2% $82 / Sq Ft
02/23/2019 02/23/19 Price Changed $409,940 -0.5% $82 / Sq Ft
02/08/2019 02/08/19 Price Changed $411,940 -0.2% $82 / Sq Ft
02/02/2019 02/02/19 Price Changed $412,940 -0.2% $83 / Sq Ft
01/27/2019 01/27/19 Price Changed $413,940 -0.3% $83 / Sq Ft
01/07/2019 01/07/19 For Sale $415,000 +9.2% $83 / Sq Ft
07/07/2016 07/07/16 Sold $380,000 -2.5% $76 / Sq Ft View Prior Sale
06/08/2016 06/08/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $389,900 -- $78 / 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 $6,096 $293,896 $72,000 $221,896
2024 $6,096 $290,432 $68,000 $222,432
2023 $5,251 $261,196 $60,000 $201,196
2022 $5,714 $178,496 $49,200 $129,296
2021 $4,724 $178,496 $49,200 $129,296
2020 $4,489 $167,108 $30,000 $137,108
2019 $4,480 $162,000 $29,720 $132,280
2018 $4,519 $163,408 $30,000 $133,408
2017 $4,219 $152,000 $29,160 $122,840
2016 $3,372 $125,008 $24,000 $101,008
2015 $3,149 $116,408 $20,000 $96,408
2014 $2,772 $107,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6116828

First Multiple Listing Service (FMLS)

APN: 058-441