NOT LISTED FOR SALE

5440 Falls Landing Dr Cumming, GA 30040

Estimated Value: $524,000 - $580,000

3 Beds
2.5 Baths
-- Sq Ft
5,227 Sq Ft Lot

Highlights

  • Clubhouse
  • Traditional Architecture
  • Loft
  • Vickery Creek Middle School Rated A
  • Wood Flooring
  • Great Room

About This Home

As of July 2014

First time available as a rental. Large 3 bedroom with open floor plan. Upstairs loft,fresh paint inside and out,hardwoods on the entire main level,recently replaced carpet on the second floor. Granite counters in kitchen & baths,lots of counter space and oversized stained cabinets. Vickery and West Forsyth schools, popular community with pool,tennis,playground. Large level backyard,two car garage. Conveniently located near GA 400,Lake Lanier,the shops,restaurnats,and theater at The Collection. Non smokers only, No Pets - No exceptions.

Last Agent to Rent the Property

Gary Silverman

BHHS Georgia Properties License #336211 Listed on: 07/24/2014

BHHS Georgia Properties

Last Renter's Agent

Glenda Broker

Non-Mls Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,152

Year Built

  • Built in 2005

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot
  • Garden

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Loft
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Soaking Tub
  • Separate Shower

Home Security

  • Open Access
  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level

Schools

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

Utilities

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

Listing and Financial Details

  • Security Deposit $1,650
  • 12-Month Min and 24-Month Max Lease Term
  • $100 Application Fee

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include facilities fee, management fee, swimming, tennis
  • Big Creek Township Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,152

Year Built

Built in 2005

Lot Details

0

Rental Info

  • Lease Termsin Months: 12
  • Security Deposit: 1650

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2005
  • ArchitecturalStyle: Brick/Frame, Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: LEASE
  • Levels: Two
  • Lot Size Acres: .12
  • Property Sub-Type: Single Family Residence
  • Max Rental Period Months: 24
  • Min Rental Period Months: 12
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Bedrooms: 3
  • Dining Room Features: Separate Room
  • Basement: None
  • Interior Amenities: Tray Ceiling(s), Double Vanity, Two Story Foyer, Soaking Tub, Separate Shower, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Gas Starter
  • Flooring: Carpet, Hardwood
  • Kitchen Features: Breakfast Bar, Breakfast Room, Kitchen Island, Pantry, Solid Surface Counters
  • Furnished: Unfurnished

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • ExteriorFeatures: Garden
  • Foundation Details: Slab
  • Lot Features: Level
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Garage, Kitchen Level
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Central, Forced Air
  • Security Features: Open Access, Security System, Smoke Detector(s)
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Playground, Pool, Tennis Court(s)
  • Application Fee: 100
  • PetsAllowed: No

Fee Information

  • Fee Paid: No
  • Association Fee Includes: Facilities Fee, Management Fee, Swimming, Tennis

Schools

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

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2006
Sold by
Beazer Homes Corp
Bought by
Rumalla Phani B and Thambura Katpayani
Current Estimated Value
$552,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,250
Outstanding Balance
$115,018
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$437,573
Source: Public Records

Range of Values:

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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
Rumalla Phani B -- --
Rumalla Phani B $237,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rumalla Phani B $213,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2014 07/24/14 Rented $1,600 0.0% --
07/24/2014 07/24/14 For Rent $1,600 -- --
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 $5,152 $214,080 $66,000 $148,080
2024 $5,152 $210,088 $66,000 $144,088
2023 $5,048 $205,084 $62,000 $143,084
2022 $4,513 $124,872 $32,000 $92,872
2021 $3,448 $124,872 $32,000 $92,872
2020 $3,197 $115,768 $28,000 $87,768
2019 $3,182 $115,064 $28,000 $87,064
2018 $3,066 $110,876 $28,000 $82,876
2017 $2,881 $103,820 $28,000 $75,820
2016 $2,770 $99,820 $24,000 $75,820
2015 $2,478 $92,260 $20,000 $72,260
2014 $2,107 $82,876 $20,000 $62,876
Source: Public Records

Agents Affiliated with this Home

  • Gary Silverman

    Landlord's Agent in 2014

    Gary Silverman

    BHHS Georgia Properties

    (770) 617-5658

    113 Total Sales

    Gary Silverman
    Section Image
  • Glenda Broker

    Tenant'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: 7310114

Georgia MLS

APN: 082-263

Georgia Forsyth County Cumming 30040

5440 Falls Landing Dr, Cumming, GA

This home is located at 5440 Falls Landing Dr, Cumming, GA 30040 since 24 July 2014 and is currently priced at $552,591. This property was built in 2005. 5440 Falls Landing Dr is a home located in Forsyth County with nearby schools including Vickery Creek Middle School, West Forsyth High School, and Alpharetta Tamil School.

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