NOT LISTED FOR SALE

5440 W Point Dr Cumming, GA 30040

Estimated Value: $659,114 - $732,000

3 Beds
3 Baths
2,605 Sq Ft
$267/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $550,500 $211 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,092/month

7 Days on Market

Highlights

  • Craftsman Architecture
  • Clubhouse
  • Private Lot
  • Sawnee Elementary School Rated A
  • Deck
  • Wooded Lot

About This Home

As of October 2021

Better than NEW BUILT with carefully thought upgrades with a light and bright open-floor plan. 4 yr old executive Craftsman style Ranch home immaculately well cared for on a manicured level fenced lot with a private wooded backyard. 3 bedrm, 3 full bathrm home perfect for entertaining with an open floor plan in West Forsyth school district. Walk into the expansive hallway with tall 12' ceilings and tall interior wood doors. Private office/reading room with accent wall. Large bright gourmet kitchen with tons of tall cabinets & quartz countertop space, gas cooktop, oven & microwave, large quartz white island with seating for 4, walk-in pantry & eat-in breakfast area, enclosed all season porch and paver stone patio. Open Great Room with stone fireplace.Lots of storage with many storage closets and built ins. Better than NEW BUILT. Arbors & Reserve at Lakeview community offers a variety of amenities to its residents, such as a tennis court, swimming pool, residents-only fishing pond and a private residents-only park.

Last Agent to Sell the Property

Rachel Hejduk

Coldwell Banker Realty License #415163 Listed on: 09/09/2021

Co-Listed By

Sharon Hejduk

Coldwell Banker Realty License #415162

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,758

Year Built

  • Built in 2017

Lot Details

  • 10,019 Sq Ft Lot
  • Cul-De-Sac
  • Private Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Craftsman Architecture
  • Ranch Style House
  • Slab Foundation
  • Brick Frame
  • Stone Frame
  • Stone Siding
  • Brick Front
  • Stone

Interior Spaces

  • 2,605 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Home Office
  • Library
  • Tile Flooring
  • Expansion Attic
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Soaking Tub

Parking

  • 3 Car Garage
  • Parking Pad
  • Garage Door Opener

Accessible Home Design

  • Accessible Entrance

Outdoor Features

  • Screen Enclosure
  • Deck
  • Patio
  • Porch

Schools

  • Sawnee Elementary School
  • Liberty Middle School
  • West Forsyth High School

Utilities

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

Listing and Financial Details

  • Tax Lot .23

Community Details

Overview

  • Property has a Home Owners Association
  • Reserve At Lakeview Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,758

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2017
  • ArchitecturalStyle: Brick Front, Brick/Frame, Stone Frame, Craftsman, Ranch
  • Co List Office: CBRB17
  • Financing Type: Other
  • Levels: One
  • Lot Size Acres: .23
  • Property Sub-Type: Single Family Residence
  • Total Finished Area2: 2605
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven (Wall), Stainless Steel Appliance(s)
  • Bedrooms: 3
  • Basement: None
  • Total Finished Sq Ft: 2605
  • Above Grade Finished Sq Ft: 2605
  • Interior Amenities: Attic Expandable, Tray Ceiling(s), Two Story Foyer, Soaking Tub, Walk-In Closet(s), Master On Main Level
  • Accessibility Features: Accessible Entrance
  • Full Bathrooms: 3
  • Fireplace Features: Family Room, Gas Starter, Masonry
  • Flooring: Tile
  • Kitchen Features: Breakfast Area, Kitchen Island, Solid Surface Counters, Walk-in Pantry
  • Price Per Square Foot: 205.374

Beds/Baths

  • Main Level Full Bathrooms: 3
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Stone
  • Foundation Details: Slab
  • Lot Features: Cul-De-Sac, Level, Private
  • Patio And Porch Features: Deck, Patio, Porch
  • Pool Features: Screen Enclosure
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage, Parking Pad
  • ParkingTotal: 3

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Electric, Central, Forced Air
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Park, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Sawnee
  • High School: West Forsyth
  • High School Bus: Yes
  • Middle School: Liberty
  • Middle School Bus: Yes
  • Elementary School: Sawnee
  • Middle School: Liberty
  • High School: West Forsyth

Lot Info

  • Lot: .23

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3758

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Oct 12, 2021
Sold by
Barnett Bernard E
Bought by
Thakkar Bhaumikkumar Navinchandra and Parikh Zeal Vikki
Seller's Agent
Rachel Hejduk
Coldwell Banker Realty
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$535,000
Sold Price
$550,500
Premium/Discount to List
$15,500
2.9%
Current Estimated Value
$694,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,779
Avg. Annual Appreciation
6.05%
Original Mortgage
$463,500
Outstanding Balance
$423,585
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$270,694

Purchase Details

Listed on
Jul 18, 2017
Closed on
Dec 20, 2017
Sold by
Calatlantic Grp Inc
Bought by
Barnett Michelle D and Barnett Bernard E
Seller's Agent
Peter Danos
Atlanta Commercial Associates
Buyer's Agent
Tricia Williams
Berkshire Hathaway HomeServices Georgia Properties
List Price
$396,845
Sold Price
$370,000
Premium/Discount to List
-$26,845
-6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%
Original Mortgage
$273,375
Interest Rate
3.92%
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
Thakkar Bhaumikkumar Navinchandra $550,500 --
Barnett Michelle D $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thakkar Bhaumikkumar Navinchandra $463,500
Closed Thakkar Bhaumikkumar Navinchan $463,500
Previous Owner Barnett Michelle D $273,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Sold $550,500 +2.9% $211 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $535,000 +44.6% $205 / Sq Ft
12/20/2017 12/20/17 Sold $370,000 -6.8% --
11/30/2017 11/30/17 Pending -- -- --
07/18/2017 07/18/17 For Sale $396,845 -- --
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 $5,108 $250,308 $72,000 $178,308
2024 $5,108 $242,580 $64,000 $178,580
2023 $4,643 $235,564 $52,000 $183,564
2022 $4,601 $139,608 $32,000 $107,608
2021 $3,716 $139,608 $32,000 $107,608
2020 $3,758 $141,608 $32,000 $109,608
2019 $3,834 $145,008 $32,000 $113,008
2018 $3,581 $132,648 $32,000 $100,648
2017 $888 $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 9048320

Georgia MLS

APN: 054-446