NOT LISTED FOR SALE

5405 Mountain Top Place Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $339,387 - $344,000

3 Beds
2.5 Baths
1,473 Sq Ft
$232/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $265,000 $180 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,109/month

Highlights

  • Traditional Architecture
  • Cathedral Ceiling
  • White Kitchen Cabinets
  • Chestatee Elementary School Rated A-
  • Private Yard
  • Eat-In Kitchen

About This Home

As of September 2021

***Multiple offers received. Deadline to submit offers is 8/24/21 at 8 pm***INVESTOR ALERT, Stable investment property and opportunity! Current tenant in place until 2/28/2022. This 3 bedroom, 2 1/2 bath home is located in Mountain Ridge subdivision located just minutes from rapidly growing Dawsonville. Open floor plan with laminate hardwoods throughout main level with carpeted flooring upstairs. Spacious master suite features walk in closet and en-suite bath. Two additional bedrooms upstairs sharing a full bathroom and great hallway/loft space current tenants use for office. Private backyard with wooded view, perfect for gardening or enjoying the outdoors.

Last Agent to Sell the Property

AMY NORMAN

Atlanta Communities License #307631 Listed on: 08/22/2021

Atlanta Communities

Last Buyer's Agent

Lakshmi Seelam

Virtual Properties Realty.com License #381623

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,066

Year Built

  • Built in 2003

Lot Details

  • 3,485 Sq Ft Lot
  • Private Yard
  • Back Yard

HOA Fees

  • $113 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Driveway Level

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 1,473 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Gas Log Fireplace
  • Private Rear Entry
  • Family Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • White Kitchen Cabinets

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry on main level
  • Laundry in Kitchen

Outdoor Features

  • Patio

Schools

  • Silver City Elementary School
  • North Forsyth Middle School
  • North Forsyth High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Mountain Ridge Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 249 092

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,066

Year Built

Built in 2003

Lot Details

0

HOA Fees

$113 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: Resale
  • Year Built: 2003
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Laminate
  • Fireplace Features: Decorative, Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave
  • Interior Amenities: Cathedral Ceiling(s)
  • Kitchen Features: Breakfast Bar, Cabinets White, Eat-in Kitchen, Laminate Counters, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 1473.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Brick Front, Vinyl Siding
  • Roof Type: Shingle
  • Patio And Porch Features: Patio
  • Exterior Features: Private Rear Entry, Private Yard
  • Foundation: Slab

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Garage, Kitchen Level, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: In Kitchen, Main Level
  • Utilities: Cable Available, Natural Gas Available, Underground Utilities, Water Available
  • Electric: 220 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Sewer
  • Community Features: Homeowners Assoc
  • Association Fee: 113
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Subdivision Complex: Mountain Ridge

Lot Info

  • Acres: 0.0800
  • Lot: 17
  • Plat Book: 74
  • Plat Page: 169
  • Lot Features: Back Yard
  • Lot Dimensions: x
  • Parcel Number: 249 092
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2066.00
  • Tax Year: 2020

MLS Schools

  • Elementary School: Silver City
  • High School: North Forsyth
  • Middle School: North Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2022
Sold by
Vijayasri Sivarajasekaran
Bought by
Vsi Real Estate Group Llc
Current Estimated Value
$332,516

Purchase Details

Closed on
Sep 29, 2022
Sold by
Annamaiai Siva Rajasekaran
Bought by
Vsi Real Estate Group Llc

Purchase Details

Listed on
Aug 22, 2021
Closed on
Sep 30, 2021
Sold by
Annamalai Siva Rajasekaran
Bought by
Annamalai Siva Rajasekaran and Sivarajasekaran Vijayasri
Seller's Agent
AMY NORMAN
Atlanta Communities
Buyer's Agent
Lakshmi Seelam
Virtual Properties Realty.com
List Price
$260,000
Sold Price
$265,000
Premium/Discount to List
$5,000
1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$212,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2010
Sold by
Federal Natl Mtg Assn Fnma
Bought by
Wagner Charles K

Purchase Details

Closed on
May 4, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal Natl Mtg Assn Fnma

Purchase Details

Closed on
Oct 8, 2004
Sold by
Pruitt Tabitha
Bought by
Cleland Richard A and Cleland Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2003
Sold by
Colony Hms Inc
Bought by
Pruitt Tabitha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,750
Interest Rate
6.07%
Mortgage Type
VA
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
Vsi Real Estate Group Llc -- --
Vsi Real Estate Group Llc -- --
Annamalai Siva Rajasekaran $265,000 --
Annamalai Siva Rajasekaran $265,000 --
Wagner Charles K $84,000 --
Federal Natl Mtg Assn Fnma -- --
Bac Home Loans Servicing Lp $122,070 --
Cleland Richard A $138,000 --
Pruitt Tabitha $130,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Annamalai Siva Rajasekaran $212,000
Previous Owner Cleland Richard A $110,400
Previous Owner Pruitt Tabitha $129,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $265,000 +1.9% $180 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/22/2021 08/22/21 For Sale $260,000 -- $177 / 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 $3,029 $134,384 $44,000 $90,384
2024 $3,029 $123,520 $40,000 $83,520
2023 $3,148 $127,892 $30,000 $97,892
2022 $2,651 $80,252 $16,000 $64,252
2021 $2,216 $80,252 $16,000 $64,252
2020 $2,066 $74,824 $16,000 $58,824
2019 $1,912 $69,156 $16,000 $53,156
2018 $1,759 $63,604 $16,000 $47,604
2017 $1,580 $56,944 $14,000 $42,944
2016 $1,473 $53,064 $14,000 $39,064
2015 $1,475 $53,064 $14,000 $39,064
2014 $1,262 $47,676 $12,000 $35,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6933917

First Multiple Listing Service (FMLS)

APN: 249-092