NOT LISTED FOR SALE

5425 Falls Landing Dr Cumming, GA 30040

Estimated Value: $457,000 - $539,000

3 Beds
3 Baths
2,090 Sq Ft
$238/Sq Ft Est. Value

Last Sold January 21, 2014

Last sale price $178,299 $85 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $2,934/month

9 Days on Market

Highlights

  • Great Room
  • Community Pool
  • Dining Room
  • Vickery Creek Middle School Rated A
  • Tennis Courts

About This Home

As of January 2014

BEAUTIFUL TRADITIONAL HOME! MAKE AN OFFER! REO PROPERTY - BANK OWNED. PROPERTY SOLD "AS-IS" WITHOUT REPAIR, WARRANTY OR SELLER DISCLOSURE.

Last Agent to Sell the Property

Sandra Cato

Ojo Homes LLC License #328841 Listed on: 08/21/2013

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,876

Year Built

  • 2005

Lot Details

  • 4,792

Home Design

  • Slab Foundation

Interior Spaces

  • 2,090 Sq Ft Home
  • Great Room
  • Dining Room

Schools

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

Utilities

  • Sewer in Street

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Other

Est. Annual Taxes

$3,876

Year Built

2005

Lot Details

0

Listing Details

  • Special Features: 20
  • Year Built: 2005

Interior Features

  • Fireplace(s): 1, In Great/Family Room
  • Basement: Slab/None
  • Laundry Type: Room
  • Above Grade Finished Sq Ft: 2090

Exterior Features

  • Construction: Brick/Frame
  • Exterior Features: Deck/Patio
  • Roof Type: Composition

Garage/Parking

  • Parking: 2 Car, Attached, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Gas
  • Heating: Forced Air
  • Water/Sewer: Public Water, Sewer In Street

Condo/Co-op/Association

  • HOA Fees: 500
  • HOA Fee Frequency: Annual

Association/Amenities

  • Amenities: Neighborhood Association, Pool, Tennis Courts

Schools

  • Elementary School: Vickery Creek / Forsyth / Forsyth County, GA
  • Elementary Bus Line: No
  • High School: West Forsyth / Forsyth / Forsyth County, GA
  • High School Bus: No
  • Middle School: Vickery Creek / Forsyth / Forsyth County, GA
  • Middle School Bus: No

Lot Info

  • Lot Description: Level Lot
  • Lot Size: Less than 1/3 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2013
Closed on
Jan 15, 2014
Sold by
Syed Azeem
Bought by
Syed Azeem and Jaleel Sara
Seller's Agent
Sandra Cato
Ojo Homes LLC
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$189,000
Sold Price
$178,299
Premium/Discount to List
-$10,701
-5.66%
Current Estimated Value
$498,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,702
Avg. Annual Appreciation
9.12%
Original Mortgage
$133,500
Outstanding Balance
$97,319
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$400,682

Purchase Details

Closed on
Aug 6, 2013
Sold by
Scarbrough Michael Keeling
Bought by
Citibank Na Trustee and C/O Ocwen Loan Servicing Llc

Purchase Details

Closed on
Mar 18, 2009
Sold by
Relief Katrina Trust
Bought by
Nash Robert and Nash Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,500
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2006
Sold by
Scarbrough Michael K
Bought by
Relief Katrina Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,723
Interest Rate
2.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Syed Azeem -- --
Syed Azeem $178,299 --
Citibank Na Trustee $188,368 --
Nash Robert $289,500 --
Relief Katrina Trust -- --
Searbrough Michael K $272,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Syed Azeem $133,500
Closed Syed Azeem $133,500
Previous Owner Nash Robert $289,500
Previous Owner Searbrough Michael K $217,723
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2014 01/21/14 Sold $178,299 -5.7% $85 / Sq Ft
08/30/2013 08/30/13 Pending -- -- --
08/21/2013 08/21/13 For Sale $189,000 -- $90 / 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
2025 $3,876 $199,780 $66,000 $133,780
2024 $3,876 $158,052 $50,000 $108,052
2023 $3,890 $158,052 $50,000 $108,052
2022 $3,577 $115,956 $32,000 $83,956
2021 $3,202 $115,956 $32,000 $83,956
2020 $2,965 $107,364 $28,000 $79,364
2019 $2,949 $106,656 $28,000 $78,656
2018 $2,739 $99,028 $28,000 $71,028
2017 $2,619 $94,356 $28,000 $66,356
2016 $2,508 $90,356 $24,000 $66,356
2015 $1,983 $71,304 $19,024 $52,280
2014 $1,985 $74,968 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Sandra Cato

    Ojo Homes LLC

    Section Image
  • Glenda Broker

    Buyer's Agent in 2014

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

    Glenda Broker
    Section Image
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Map

Source: Georgia MLS

MLS Number: 07144053

Georgia MLS

APN: 082-225

Georgia Forsyth County Cumming 30040

5425 Falls Landing Dr, Cumming, GA

This home is located at 5425 Falls Landing Dr, Cumming, GA 30040 since 21 August 2013 and is currently estimated at $498,001, approximately $238 per square foot. This property was built in 2005. 5425 Falls Landing Dr is a home located in Forsyth County with nearby schools including Vickery Creek Middle School, West Forsyth High School, and Milton Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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