NOT LISTED FOR SALE

5450 W Point Dr Cumming, GA 30040

Estimated Value: $832,000 - $873,000

5 Beds
4 Baths
4,262 Sq Ft
$200/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $690,000 $162 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,150/month

Highlights

  • Sitting Area In Primary Bedroom
  • Home Energy Rating Service (HERS) Rated Property
  • Wooded Lot
  • Sawnee Elementary School Rated A
  • Dining Room Seats More Than Twelve
  • Traditional Architecture

About This Home

As of December 2021

5 Bed 4 Bath with lots of upgrades, open floor plan, Largest floor plan in the neighborhood. Private level big backyard, Large bright gourmet kitchen with tons of tall cabinets & quartz countertop space, upgraded appliances gas cooktop, oven & microwave, large quartz island , walk-in pantry & eat-in breakfast area. Huge Guest Bedroom and full bath on main floor, Huge loft area, upstairs can we be used as Media room or Game room. Huge Master bedroom with sitting area and Huge Master closet. Photos Coming soon. Arbors & Reserve at Lakeview community offers a variety of amenities to its residents, such as a tennis court, swimming pool, Neighborhood fishing pond and a neighborhood park. Builder - Calatlantic.

Last Agent to Sell the Property

Kiran Komallapalli

HomeSmart License #400241 Listed on: 11/09/2021

HomeSmart

Last Buyer's Agent

Kiran Komallapalli

HomeSmart License #400241 Listed on: 11/09/2021

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,326

Year Built

  • Built in 2018

Lot Details

  • 10,019 Sq Ft Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Private Entrance
  • Level Lot
  • Wooded Lot
  • Back Yard Fenced and Front Yard

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Cement Siding
  • Stone Siding
  • Brick Front

Interior Spaces

  • 4,262 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Loft
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Oversized primary bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen
  • Kitchen Appliances

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property
  • HERS Index Rating of 71 | Home's energy 30% more efficient than a standard home
  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Outdoor Features

  • Pergola

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Central Heating and Cooling System
  • 110 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 054 447

Community Details

Overview

  • Arbors At Lakeview Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Swim or tennis dues are required
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,326

Year Built

Built in 2018

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: Traditional
  • Property Condition: Resale
  • Year Built: 2018
  • Accessibility Features: Accessible Bedroom, Accessible Full Bath, Accessible Kitchen, Accessible Kitchen Appliances
  • Levels Stories: Two
  • Body Type: Other
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Refrigerator, Washer
  • Interior Amenities: Double Vanity, Entrance Foyer 2 Story, Walk-In Closet(s)
  • Kitchen Features: Breakfast Room, Cabinets White, Eat-in Kitchen, Kitchen Island, Pantry, Pantry Walk-In, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Loft, Office
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 4262.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: In-Law Suite/Apartment, Oversized Master, Sitting Room
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Other Structures: Pergola
  • Construction Materials: Brick Front, Cement Siding, Stone
  • Roof Type: Composition
  • Fencing: Back Yard
  • Exterior Features: Private Front Entry, Private Yard
  • Foundation: Slab

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Homeowners Assoc, Near Schools, Near Shopping, Near Trails/Greenway, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Subdivision Complex: Arbors at Lakeview

Association/Amenities

  • Number Of Units In Community: 1

Schools

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

Green Features

  • Efficiency: Appliances, Doors, HVAC, Insulation, Windows
  • H E R S Index Rating: 71
  • Green Building Certifications: HERS Index Score
  • Green Energy Generation: None

Lot Info

  • Acres: 0.2300
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Level, Wooded
  • Lot Dimensions: x
  • Parcel Number: 054 447
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Tax Info

  • Taxes: 4326.00
  • Assessor Parcel Number: 054-000-447
  • Close Date: 2021-12-21
  • Tax Year: 2020

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
Nov 9, 2021
Closed on
Dec 22, 2021
Sold by
Kande Ajay and Kande Vandana
Bought by
Basapally Supriya A
Seller's Agent
Kiran Komallapalli
HomeSmart
Buyer's Agent
Kiran Komallapalli
HomeSmart
List Price
$659,000
Sold Price
$690,000
Premium/Discount to List
$31,000
4.7%
Current Estimated Value
$850,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,833
Avg. Annual Appreciation
5.73%
Original Mortgage
$621,000
Outstanding Balance
$572,404
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$278,429

Purchase Details

Closed on
Sep 27, 2018
Sold by
Calatlantic Grp Inc
Bought by
Kande Ajay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,677
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Basapally Supriya A -- None Listed On Document
Basapally Supriya $690,000 --
Kande Ajay $416,308 --
Kande Ajay -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basapally Supriya $621,000
Closed Basapally Supriya A $621,000
Previous Owner Kande Ajay $412,500
Previous Owner Kande Ajay $362,549
Previous Owner Kande Ajay $364,470
Previous Owner Kande Ajay $367,750
Previous Owner Kande Ajay $370,500
Previous Owner Kande Ajay $374,677
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2021 12/21/21 Sold $690,000 +4.7% $162 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $659,000 -- $155 / Sq Ft
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 $7,283 $307,016 $72,000 $235,016
2024 $7,283 $296,984 $64,000 $232,984
2023 $6,976 $283,424 $52,000 $231,424
2022 $6,072 $156,316 $32,000 $124,316
2021 $4,226 $156,316 $32,000 $124,316
2020 $4,326 $159,928 $32,000 $127,928
2019 $4,443 $163,928 $32,000 $131,928
2018 $885 $32,000 $32,000 $0
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: 6968461

First Multiple Listing Service (FMLS)

APN: 054-447