$370,000
SOLD DEC 20, 2017

5440 W Point Dr Cumming, GA 30040

3 Beds
3 Baths
-- Sq Ft
10,019 Sq Ft Lot

Recently Sold

7% Below List Price

Highlights

  • Lake Front
  • Newly Remodeled
  • Community Lake
  • Sawnee Elementary School Rated A
  • Craftsman Architecture
  • Private Lot

About This Home

As of October 2021

CalAtlantic Homes f/k/a Ryland Homes. "Hammond II B" Beautiful brand new 3bed+3bath ranch style slab home located on a cul-de-sac street! Gourmet kitchen w/ stainless steel appliances, under cabinet lighting, Closetmaid shelving in pantry, quartz countertops, center island, large breakfast area. Spacious family room w/ low rise stacked stone fireplace. Framed mirror & quartz countertops in all baths. Frameless glass shower door & ample closet space in master bath. Coat valet, glass French door, tankless water heater. Est November move-in.

Last Agent to Sell the Property

Peter Danos

Atlanta Commercial Associates License #150289 Listed on: 07/18/2017

Co-Listed By

STAFF ATC

NOT A VALID MEMBER License #STAFF

Last Buyer's Agent

Tricia Williams

Berkshire Hathaway HomeServices Georgia Properties License #336531

Berkshire Hathaway HomeServices Georgia Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,108

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • Lake Front
  • Cul-De-Sac
  • Landscaped
  • Private Lot
  • Level Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Craftsman Architecture
  • Ranch Style House
  • Ridge Vents on the Roof
  • Composition Roof
  • Stone Siding
  • Brick Front

Interior Spaces

  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • Front Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Air Filter
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 6 / A
  • Assessor Parcel Number 054 446

Community Details

Overview

  • $600 Initiation Fee
  • Arbors II At Lakeview Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,108

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Ranch
  • Property Condition: New Construction
  • Year Built: 2017
  • Levels Stories: One
  • Special Features: NewHome
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Starter, Masonry
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Double Oven, ENERGY STAR Qualified Appliances, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven, Tankless Water Heater
  • Interior Amenities: Disappearing Attic Stairs, Entrance Foyer, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet, Low-Flow Fixtures, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Other
  • Dining Room Features: Separate Dining Room
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Full Baths: 3
  • Main Full Bathrooms: 3
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Brick Front, Stone
  • Roof Type: Composition, Ridge Vents
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Attic Fan, Central Air, Electric Air Filter, Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Lake, Playground, Pool, Tennis Court(s)
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: Arbors II At Lakeview

Schools

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

Lot Info

  • Lot: 6
  • Land/Lot: 1093
  • Section G M D: 1
  • Plat Book: 143
  • Plat Page: 191-2
  • Lot Features: Cul-De-Sac, Landscaped, Level, Private
  • Parcel Number: 054 446
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Thermostat, Windows

Rental Info

  • Initiation Fee: 600

Tax Info

  • Assessor Parcel Number: 054-000-446
  • Close Date: 2017-12-20
  • Tax Year: 2016

Multi Family

  • Waterfront Features: Lake

MLS Schools

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

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 Type Sale Price Title Company
Warranty Deed $550,500 --
Limited Warranty Deed $370,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $463,500 New Conventional
Closed $463,500 New Conventional
Previous Owner $273,375 VA
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: 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 $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: First Multiple Listing Service (FMLS)

MLS Number: 5880610

First Multiple Listing Service (FMLS)

APN: 054-446