NOT LISTED FOR SALE

5505 Banner Blvd Cumming, GA 30028

Estimated Value: $484,917 - $525,000

4 Beds
2.5 Baths
2,264 Sq Ft
$222/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $282,500 $125 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,068/month

Highlights

  • Sitting Area In Primary Bedroom
  • Clubhouse
  • Corner Lot
  • Silver City Elementary School Rated A
  • Traditional Architecture
  • Stone Countertops

About This Home

As of September 2019

Beautiful home in the Swim/Tennis Villages at Settingdown Creek Community; This 4 bedroom/2.5 Bathroom home was built in 2015 & is exquisitely maintained; Unique features of the home include a side street entry garage w/a mud room; Kitchen w/SS appliances & granite counter tops; Fireside family rm is open to the Kitchen & engineered hardwood flooring throughout the first level. Best of all, the home sits on a corner lot and fencing & plantings provide for a private backyard that makes the covered patio ideal for entertaining.

Last Agent to Sell the Property

Mike Ross

Weichert, Realtors - The Collective License #370128 Listed on: 08/15/2019

Weichert, Realtors - The Collective

Last Buyer's Agent

Jeff Dean

NOT A VALID MEMBER License #356502

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,473

Year Built

  • Built in 2015

Lot Details

  • 0.29 Acre Lot
  • Back Yard Fenced
  • Corner Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 2,264 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Formal Dining Room
  • Laundry on upper level

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Sustainable

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Oversized primary bedroom
  • Walk-In Closet
  • Double Vanity
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Silver City Elementary School
  • North Forsyth Middle School
  • North Forsyth High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 214 615

Community Details

Overview

  • $75 Initiation Fee
  • Liberty Comm. Mgmt. Association, Phone Number (770) 466-6331
  • Villages At Settingdown Crk Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,473

Year Built

Built in 2015

Lot Details

0

HOA Fees

$42 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: 2015
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Sustainable
  • Fireplace Features: Gas Log, Great Room, Insert
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2264.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Oversized Master, Sitting Room
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Composition
  • Fencing: Back Yard
  • Patio And Porch Features: Covered, Patio

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Clubhouse, Playground, Pool, Sidewalks, Tennis Court(s)
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-466-6331
  • Management Company Email: wws@libertycm.com
  • Subdivision Complex: Villages at Settingdown Crk

Association/Amenities

  • Management Company: Liberty Comm. Mgmt.

Schools

  • Elementary School: Silver City
  • Middle School: North Forsyth
  • High School: North Forsyth

Lot Info

  • Acres: 0.2900
  • Deed Book: 8329
  • Deed Page: 696
  • Lot Features: Corner Lot
  • Parcel Number: 214 615
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 75

Tax Info

  • Taxes: 2473.00
  • Assessor Parcel Number: 214-000-615
  • Close Date: 2019-09-20
  • Tax Year: 2017

MLS Schools

  • Elementary School: Silver City
  • High School: North Forsyth
  • Middle School: North Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2019
Closed on
Sep 20, 2019
Sold by
Akinsanya Ayo Oladiran
Bought by
Williams Anita Dawn and Austin Richard Charles
Seller's Agent
Mike Ross
Weichert, Realtors - The Collective
Buyer's Agent
Jeff Dean
NOT A VALID MEMBER
List Price
$302,500
Sold Price
$282,500
Premium/Discount to List
-$20,000
-6.61%
Current Estimated Value
$501,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,979
Avg. Annual Appreciation
9.88%
Original Mortgage
$274,025
Outstanding Balance
$239,529
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$261,950

Purchase Details

Listed on
Jun 29, 2017
Closed on
Sep 18, 2017
Sold by
Martin Joseph P
Bought by
Akinsanya Ayo Oladiran
Seller's Agent
BRIAN BURNS
NOT A VALID MEMBER
Buyer's Agent
Bob Shiller
In the Kitchen Realty LLC
List Price
$269,900
Sold Price
$267,500
Premium/Discount to List
-$2,400
-0.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%
Original Mortgage
$262,654
Interest Rate
3.62%
Mortgage Type
FHA
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
Williams Anita Dawn $282,500 --
Akinsanya Ayo Oladiran $267,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Anita Dawn $274,025
Previous Owner Akinsanya Ayo Oladiran $262,654
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2019 09/20/19 Sold $282,500 -6.6% $125 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $302,500 +13.1% $134 / Sq Ft
09/18/2017 09/18/17 Sold $267,500 +0.6% $118 / Sq Ft View Prior Sale
08/13/2017 08/13/17 Pending -- -- --
07/30/2017 07/30/17 Pending -- -- --
07/20/2017 07/20/17 Price Changed $265,900 -1.5% $117 / Sq Ft
06/29/2017 06/29/17 For Sale $269,900 -- $119 / 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 $4,505 $192,984 $54,000 $138,984
2024 $4,505 $183,700 $50,000 $133,700
2023 $4,189 $170,204 $38,000 $132,204
2022 $3,681 $113,684 $30,000 $83,684
2021 $3,139 $113,684 $30,000 $83,684
2020 $3,023 $109,456 $18,000 $91,456
2019 $2,589 $99,512 $18,000 $81,512
2018 $2,566 $98,112 $18,000 $80,112
2017 $2,473 $89,104 $18,000 $71,104
2016 $2,218 $79,904 $15,200 $64,704
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6603090

First Multiple Listing Service (FMLS)

APN: 214-615