NOT LISTED FOR SALE

5485 Rialto Way Cumming, GA 30040

Estimated Value: $468,000 - $517,000

5 Beds
3 Baths
2,468 Sq Ft
$198/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $279,900 $113 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,125/month

63 Days on Market

Highlights

  • Open-Concept Dining Room
  • Clubhouse
  • Solid Surface Countertops
  • Coal Mountain Elementary School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of November 2019

***Brand new hardwood floors throughout the main floor! Fall in love w/ this USDA eligible home in Bridgetowne community. This 5 bed 3 bath home is located on a cul-de-sac with a large fenced in backyard. Open floor plan on the main level offers spacious kitchen, living room w/ shared dining and an optional den/office area. Modern stainless-steel appliances and smart home technology. All appliances convey. 19 restaurants within 5 miles and a shopping center right across the street, less than 2 miles from all grade level Forsyth county schools.

Last Listed By

Shane Mcgonigal

NOT A VALID MEMBER License #375921 Listed on: 08/20/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,501

Year Built

  • Built in 2014

Lot Details

  • 6,534 Sq Ft Lot
  • Cul-De-Sac
  • Wood Fence
  • Back Yard Fenced and Front Yard
  • Land Lease

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Composition Roof
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 2,468 Sq Ft Home
  • 2-Story Property
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room
  • Open-Concept Dining Room
  • Breakfast Room
  • Home Office

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Coal Mountain Elementary School
  • North Forsyth Middle School
  • North Forsyth High School

Utilities

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

Listing and Financial Details

  • Tax Lot 274
  • Assessor Parcel Number 217 658

Community Details

Overview

  • $500 Initiation Fee
  • Cma Association, Phone Number (404) 483-5925
  • Bridgetowne Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,501

Year Built

Built in 2014

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Property Condition: Resale
  • Year Built: 2014
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Gas Log, Glass Doors, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Gas Range, Gas Water Heater, Gas Cooktop, Gas Oven, Microwave, Self Cleaning Oven, Washer
  • Interior Amenities: High Ceilings 9 ft Main, Coffered Ceiling(s), Double Vanity, High Speed Internet, Entrance Foyer, Smart Home, Tray Ceiling(s)
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Solid Surface Counters, Kitchen Island, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Living Room, Office
  • Dining Room Features: Open Concept
  • Square Footage: 2468.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Main Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower

Exterior Features

  • Construction Materials: Cement Siding, Stone
  • Roof Type: Composition
  • Fencing: Back Yard, Wood
  • Patio And Porch Features: Patio
  • Exterior Features: Private Yard

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security System Owned
  • Cooling: Electric Air Filter, Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Forced Air, Natural Gas
  • Laundry Features: Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Homeowners Assoc, Pool, Tennis Court(s)
  • Association Fee: 455
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 404-483-5925
  • Subdivision Complex: Bridgetowne

Association/Amenities

  • Management Company: CMA

Schools

  • Elementary School: Coal Mountain
  • Middle School: North Forsyth
  • High School: North Forsyth

Lot Info

  • Acres: 0.1500
  • Lot: 274
  • Land/Lot: 99
  • Section G M D: 1
  • Deed Book: 7259
  • Deed Page: 186
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Private
  • Lot Dimensions: 6534
  • Parcel Number: 217 658
  • Horse Amenities: None
  • Land Lease: Yes
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 500

Tax Info

  • Taxes: 2501.00
  • Assessor Parcel Number: 217-000-658
  • Close Date: 2019-11-22
  • Tax Year: 2018

MLS Schools

  • Elementary School: Coal Mountain
  • High School: North Forsyth
  • Middle School: North Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2019
Closed on
Nov 22, 2019
Sold by
Knight Tammy M
Bought by
Smith Evan Blake and Magaletta Laine M
Seller's Agent
Shane Mcgonigal
NOT A VALID MEMBER
Buyer's Agent
Claudia Dror
NOT A VALID MEMBER
List Price
$289,900
Sold Price
$279,900
Premium/Discount to List
-$10,000
-3.45%
Total Days on Market
63
Current Estimated Value
$487,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,543
Avg. Annual Appreciation
11.00%
Original Mortgage
$271,503
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 3, 2015
Closed on
Jan 6, 2015
Sold by
Wilson Park Homes Of Bridgetow
Bought by
Knight Tammy M
Seller's Agent
SCOTT COLEMAN
D.R. Horton Realty of Georgia
Buyer's Agent
JENNIFER HODGE
Century 21 Results
List Price
$208,900
Sold Price
$208,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$213,163
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2014
Sold by
Gk Bridgetowne Lllp
Bought by
Wilson Parker Homes Of Bridge

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
Smith Evan Blake $279,900 --
Knight Tammy M $208,900 --
Wilson Parker Homes Of Bridge $232,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Evan Blake $288,500
Closed Smith Evan Blake $271,503
Closed Smith Evan Blake $11,196
Previous Owner Knight Tammy M $18,000
Previous Owner Knight Tammy M $213,163
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $279,900 0.0% $113 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
09/09/2019 09/09/19 Price Changed $279,900 -3.4% $113 / Sq Ft
08/20/2019 08/20/19 For Sale $289,900 +38.8% $117 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
01/08/2015 01/08/15 Sold $208,900 0.0% --
01/06/2015 01/06/15 Sold $208,900 0.0% $88 / Sq Ft
01/03/2015 01/03/15 For Sale $208,900 +0.6% --
12/07/2014 12/07/14 Pending -- -- --
06/27/2014 06/27/14 For Sale $207,650 -- $87 / 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
2024 $4,608 $187,900 $54,000 $133,900
2023 $4,113 $167,088 $40,000 $127,088
2022 $3,516 $110,508 $20,000 $90,508
2021 $3,052 $110,508 $20,000 $90,508
2020 $2,798 $101,324 $20,000 $81,324
2019 $2,515 $98,540 $20,000 $78,540
2018 $2,501 $97,476 $18,000 $79,476
2017 $2,321 $88,488 $18,000 $70,488
2016 $2,171 $81,368 $17,200 $64,168
2015 $2,207 $79,368 $15,200 $64,168
2014 $347 $13,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Shane Mcgonigal

    NOT A VALID MEMBER

    Section Image

  • R

    Seller Co-Listing Agent in 2019

    Roy Spicer

    NOT A VALID MEMBER

    Section Image
  • Claudia Dror

    Buyer's Agent in 2019

    Claudia Dror

    NOT A VALID MEMBER

    (404) 769-8666

    33 Total Sales

    Section Image
  • SCOTT COLEMAN

    Seller's Agent in 2015

    SCOTT COLEMAN

    D.R. Horton Realty of Georgia

    (678) 755-0555

    48 Total Sales

    SCOTT COLEMAN
    Section Image

  • J

    Buyer's Agent in 2015

    JENNIFER HODGE

    Century 21 Results

    (770) 889-6090

    27 Total Sales

    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6605157

First Multiple Listing Service (FMLS)

APN: 217-658

Georgia Forsyth County Cumming 30040

5485 Rialto Way, Cumming, GA

Homes for Sale in Cumming, GA

This home is located at 5485 Rialto Way, Cumming, GA 30040 since 20 August 2019 and is currently estimated at $487,443, approximately $197 per square foot. This property was built in 2014. 5485 Rialto Way is a home located in Forsyth County with nearby schools including Coal Mountain Elementary School, North Forsyth Middle School, and North Forsyth High School.

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