NOT LISTED FOR SALE

5425 Gatewood Ln Cumming, GA 30040

Estimated Value: $873,762 - $908,000

5 Beds
4.5 Baths
4,516 Sq Ft
$197/Sq Ft Est. Value

Last Sold April 11, 2023

Last sale price $835,000 $185 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,513/month

3 Days on Market

Highlights

  • Home Theater
  • Dining Room Seats More Than Twelve
  • Deck
  • Vickery Creek Middle School Rated A
  • Clubhouse
  • Partially Wooded Lot

About This Home

As of April 2023

Welcome to this stunning executive home in Forsyth County. Located in the desirable Estates at Creekside. This beautiful 3-car garage home boasts 5 spacious bedrooms and 4.5 bathrooms, providing ample space for family and guests. The main floor of this home features a freshly updated kitchen that is sure to impress. With open sightlines, updated stainless steel appliances, stunning quartz countertops and white cabinets, this kitchen is perfect for cooking and entertaining. Upstairs you will find 4 bedrooms including oversized Master suite, 2 walk-in closets including a huge extra room for whatever your heart desires. Nursery, more closet space, home office or exercise room. You have to see this room to believe it! The home also boasts a finished basement that is perfect for a Man cave, media room, or playroom. The basement has plenty of natural light, making it a bright and inviting space. Bedroom and Full bath make this space versatile and accommodating for guests, In-law suite or Teen suite. One of the standout features of this home is the recently replaced roof and HVAC units (2018), providing peace of mind and energy efficiency. Additionally, the home features a tankless water heater, ensuring a constant supply of hot water. Large screened-In walkout deck perfect for the Final Four coming up or watching the Masters Tournament on Sunday afternoon. Below is a covered deck as well with access to the fenced-In backyard with tons of privacy. Great location close to Publix, shopping and restaurants.

Last Agent to Sell the Property

Chris Mullins

Keller Williams Realty Atl. Partners License #359223 Listed on: 03/09/2023

Keller Williams Realty Atl. Partners

Last Buyer's Agent

ANNE CINTRON

BHHS Georgia Properties License #180231

BHHS Georgia Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,778

Year Built

  • Built in 2002

Lot Details

  • 0.5 Acre Lot
  • Cul-De-Sac
  • Wood Fence
  • Back Yard Fenced
  • Partially Wooded Lot

HOA Fees

  • $58 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Screened Porch
  • Home Gym
  • Pull Down Stairs to Attic
  • Laundry in Hall

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Convection Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Double Vanity
  • Bathtub Includes Tile Surround

Finished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Garage
  • Side or Rear Entrance to Parking

Outdoor Features

  • Deck

Location

  • Property is near schools
  • Property is near shops

Schools

  • Vickery Creek Middle School
  • Forsyth Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 181

Community Details

Overview

  • $700 Initiation Fee
  • Association fees include swimming, tennis
  • Estates At Creekside Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,778

Year Built

Built in 2002

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Residential
  • District: 2
  • Year Built: 2002
  • ArchitecturalStyle: Brick 3 Side, Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .50
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 4516
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Convection Oven, Cooktop, Dishwasher, Microwave, Oven (Wall), Stainless Steel Appliance(s)
  • Bedrooms: 5
  • Dining Room Features: Seats 12+, Separate Room
  • Basement: Bath Finished, Daylight, Exterior Entry, Finished, Full
  • Below Grade Finished Sq Ft: 1403
  • Total Finished Sq Ft: 3113
  • Above Grade Finished Sq Ft: 3113
  • Interior Amenities: Bookcases, Tray Ceiling(s), Vaulted Ceiling(s), High Ceilings, Double Vanity, Pulldown Attic Stairs, Tile Bath, Walk-In Closet(s)
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace Features: Living Room, Factory Built
  • Flooring: Hardwood, Tile
  • Kitchen Features: Breakfast Area, Breakfast Bar, Pantry, Solid Surface Counters
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 184.9

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Bedroom Lower Level: 1

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Brick
  • Fencing: Fenced, Back Yard, Wood
  • Lot Features: Cul-De-Sac
  • Patio And Porch Features: Deck, Screened
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Parking Features: Attached, Garage, Side/Rear Entrance

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas
  • Laundry Features: In Hall
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 700
  • Association: Yes
  • Community Features: Clubhouse, Playground, Pool, Walk To Schools, Walk To Shopping

Fee Information

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

Schools

  • Elementary School: Other
  • High School: Forsyth Central
  • High School Bus: Yes
  • Middle School: Vickery Creek
  • Middle School Bus: Yes
  • Elementary School: Other
  • Middle School: Vickery Creek
  • High School: Forsyth Central

Lot Info

  • Land Lot: 269
  • Lot: 181
  • Deed Book: 9542
  • Deed Page: 278
  • Plat Book: 63
  • Plat Page: 138

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5778

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Apr 11, 2023
Sold by
Steed Marshall
Bought by
Sepulveda Marcelo and Guzman Sylvia
Seller's Agent
Chris Mullins
Keller Williams Realty Atl. Partners
Buyer's Agent
ANNE CINTRON
BHHS Georgia Properties
List Price
$785,000
Sold Price
$835,000
Premium/Discount to List
$50,000
6.37%
Views
24
Current Estimated Value
$888,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,191
Avg. Annual Appreciation
2.40%
Original Mortgage
$335,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2020
Closed on
Aug 13, 2020
Sold by
Zika Matthew Leonard
Bought by
Steed Marshall and Steed Taylor
Seller's Agent
Tonya Howe
Atlanta Communities
Buyer's Agent
Kyle Hochgertle
Virtual Properties Realty. Biz
List Price
$500,000
Sold Price
$485,000
Premium/Discount to List
-$15,000
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.66%
Original Mortgage
$388,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2013
Sold by
Daversa John
Bought by
Zitka Matthew Leonard and Zitka Erin Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2005
Sold by
Peters Raleigh G and Peters Laura
Bought by
Daversa John and Daversa Daun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2003
Sold by
John Wielande Homes/Neighs Inc
Bought by
Peters Raleigh G and Peters Laure

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,400
Interest Rate
5.2%
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
Sepulveda Marcelo $835,000 None Listed On Document
Steed Marshall $485,000 --
Zitka Matthew Leonard $380,000 --
Daversa John $400,000 --
Peters Raleigh G $385,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sepulveda Marcelo $427,550
Closed Sepulveda Marcelo $335,000
Previous Owner Steed Marshall $388,000
Previous Owner Zitka Matthew Leonard $361,000
Previous Owner Daversa John $312,000
Previous Owner Daversa John $323,500
Previous Owner Daversa John $37,000
Previous Owner Daversa John $64,000
Previous Owner Daversa John $320,000
Previous Owner Peters Raleigh G $308,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Sold $835,000 +6.4% $185 / Sq Ft
03/12/2023 03/12/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $785,000 +61.9% $174 / Sq Ft
08/13/2020 08/13/20 Sold $485,000 -3.0% $107 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $500,000 -- $111 / 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 $7,382 $301,032 $60,000 $241,032
2023 $5,958 $294,876 $60,000 $234,876
2022 $5,778 $184,496 $32,000 $152,496
2021 $4,960 $184,496 $32,000 $152,496
2020 $4,684 $178,128 $34,000 $144,128
2019 $4,291 $109,624 $32,000 $77,624
2018 $4,388 $163,224 $30,000 $133,224
2017 $4,536 $169,436 $30,000 $139,436
2016 $4,282 $157,436 $22,000 $135,436
2015 $4,377 $157,436 $22,000 $135,436
2014 $3,861 $145,828 $22,000 $123,828
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10137895

Georgia MLS

APN: 105-137