NOT LISTED FOR SALE

550 Washington Way Cumming, GA 30040

Estimated Value: $720,000 - $862,000

5 Beds
4 Baths
3,794 Sq Ft
$212/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $494,000 $130 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,825/month

Highlights

  • Separate his and hers bathrooms
  • Dining Room Seats More Than Twelve
  • Wooded Lot
  • George W. Whitlow Elementary School Rated A
  • Deck
  • Oversized primary bedroom

About This Home

As of July 2020

Immaculate South Forsyth home with high end finishes and fixtures throughout! You'll be greeted by the grand two story foyer & formal living room which opens to the large dining room. True chef's kitchen with spacious granite center island opens to the fire side family room with custom built-ins. This spacious home has large rooms, an open floor plan, 10 ft ceilings and custom trim work throughout. Nothing is missing from this elegant home. The bedroom on the main level has a full bath. The large master upstairs has separate his and her toilets and vanities! Three large secondary bedsroom are upstairs as well. 3 car garage for golf cart, sporting goods, boat, M/C or toys! HOA amenities include zero entry and Jr Olympic pool, fitness center, gorgeous clubhouse, playground, lit tennis courts and more!

Last Agent to Sell the Property

Holly Horwege

Atlanta Fine Homes Sotheby's International License #358637 Listed on: 06/02/2020

Atlanta Fine Homes Sotheby's International

Last Buyer's Agent

Meg Fitzpatrick

Harry Norman Realtors License #362858

Harry Norman Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,608

Year Built

  • Built in 2007

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 185x171x121x121
  • Fenced
  • Level Lot
  • Wooded Lot
  • Private Yard

Parking

  • 3 Car Garage
  • Parking Accessed On Kitchen Level
  • Driveway Level

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Stone Siding
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 3,794 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Laundry on upper level

Kitchen

  • Open to Family Room
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Dual Closets
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • George W. Whitlow Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 130 107

Community Details

Overview

  • Liberty Subdivision
  • Rental Restrictions

Recreation

  • Swim or tennis dues are required

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,608

Year Built

Built in 2007

Lot Details

0

Parking

3

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: 2007
  • Levels Stories: Two
  • Cert Prof Home Bldrs Legacy: Peachtree Residential
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Double Oven, Gas Cooktop, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Bookcases, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 10 ft Main, High Speed Internet, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Full, Unfinished
  • Kitchen Features: Kitchen Island, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 3794.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Oversized Master
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Construction Materials: Brick 3 Sides, Stone
  • Roof Type: Composition, Shingle
  • Fencing: Fenced
  • Patio And Porch Features: Covered, Deck
  • Exterior Features: Private Yard

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Driveway, Garage, Kitchen Level, Level Driveway

Utilities

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

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Master Association Fee: 700
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Subdivision Complex: Liberty

Schools

  • Elementary School: George W. Whitlow
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Acres: 0.5000
  • Lot: 53
  • Land/Lot: 2-1
  • Section G M D: 1
  • Lot Features: Level, Private, Wooded
  • Lot Dimensions: 185x171x121x121
  • Parcel Number: 130 107
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 4608.00
  • Assessor Parcel Number: 130-000-107
  • Close Date: 2020-07-20
  • Tax Year: 2019

MLS Schools

  • Elementary School: George W. Whitlow
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Jul 20, 2020
Sold by
Krieger Brian M
Bought by
Klein Joshua V
Seller's Agent
Holly Horwege
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Meg Fitzpatrick
Harry Norman Realtors
List Price
$499,000
Sold Price
$494,000
Premium/Discount to List
-$5,000
-1%
Current Estimated Value
$804,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,284
Avg. Annual Appreciation
9.75%

Purchase Details

Closed on
Jun 12, 2007
Sold by
Freedom Creek Partners
Bought by
Peachtree Residential Properti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,197,000
Interest Rate
6.12%
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
Klein Joshua V $494,000 --
Peachtree Residential Properti $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peachtree Residential Properti $1,197,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2020 07/20/20 Sold $494,000 -1.0% $130 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $499,000 -- $132 / 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 $6,728 $327,144 $66,000 $261,144
2024 $6,728 $320,012 $66,000 $254,012
2023 $6,017 $297,984 $62,000 $235,984
2022 $6,196 $194,400 $34,000 $160,400
2021 $5,169 $194,400 $34,000 $160,400
2020 $4,844 $178,704 $34,000 $144,704
2019 $4,608 $169,880 $28,000 $141,880
2018 $4,680 $172,416 $28,000 $144,416
2017 $4,544 $166,884 $28,000 $138,884
2016 $4,572 $167,884 $29,000 $138,884
2015 $4,397 $161,284 $29,000 $132,284
2014 $3,478 $134,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Holly Horwege

    Seller's Agent in 2020

    Holly Horwege

    Atlanta Fine Homes Sotheby's International Realty

    (678) 372-2663

    3 in this area

    65 Total Sales

    Holly Horwege
    Section Image
  • Meg Fitzpatrick

    Buyer's Agent in 2020

    Meg Fitzpatrick

    Harry Norman Realties

    (770) 394-2131

    111 Total Sales

    Meg Fitzpatrick
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6732305

First Multiple Listing Service (FMLS)

APN: 130-107

Georgia Forsyth County Cumming 30040

550 Washington Way, Cumming, GA

This home is located at 550 Washington Way, Cumming, GA 30040 since 02 June 2020 and is currently estimated at $804,284, approximately $211 per square foot. This property was built in 2007. 550 Washington Way is a home located in Forsyth County with nearby schools including George W. Whitlow Elementary School, Otwell Middle School, and Forsyth Central High School.

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