NOT LISTED FOR SALE

5505 Chestnut Dr Cumming, GA 30040

Estimated Value: $781,000 - $900,109

6 Beds
5 Baths
5,295 Sq Ft
$156/Sq Ft Est. Value

Last Sold May 16, 2018

Last sale price $471,000 $89 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,096/month

Highlights

  • Separate his and hers bathrooms
  • Fireplace in Primary Bedroom
  • Traditional Architecture
  • Vickery Creek Middle School Rated A
  • Private Lot
  • Wood Flooring

About This Home

As of May 2018

Beautifully updated 6 bed 5 bath home in Post Brook Farms. 2 story entrance, hardwoods throughout main. Eat-in Kitchen has oversized working island, cabinets; 42" upper, granite countertops & upgraded stainless steel appliances, view of fireside den & separate dining room. Private fireside master suite, spa-like bath, & custom his/her walk-in closets. Oversized bright secondary bedrooms. Finished basement with luxury kitchen/bar, bedroom & bath, large Media room & access to covered patio with under deck in partially fenced wooded backyard. Recently stained deck.

Last Agent to Sell the Property

Kimberly Yates

Yates Estates License #314038 Listed on: 02/23/2018

Last Buyer's Agent

Kirankumar Ramireddy

Maximum One Greater Atlanta Realtors License #356367

Maximum One Greater Atlanta Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,439

Year Built

  • Built in 2013

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 55x55x14x44x144
  • Fenced
  • Private Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Roof
  • Brick Front

Interior Spaces

  • 5,295 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Formal Dining Room
  • Home Office
  • Loft
  • Screened Porch
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate his and hers bathrooms
  • In-Law or Guest Suite
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Exterior Basement Entry
  • Stubbed For A Bathroom

Schools

  • Vickery Creek Elementary And Middle School
  • West Forsyth High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 035 318

Community Details

Overview

  • Heritage Association, Phone Number (770) 451-8171
  • Secondary HOA Phone (770) 200-8619
  • Post Brook Farms Subdivision
  • Rental Restrictions

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,439

Year Built

Built in 2013

Lot Details

0

HOA Fees

$42 per month

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: 2013
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Master Bedroom
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Interior Amenities: Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Exterior Entry, Finished
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Pantry, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Great Room - 1 Story, Loft, Office
  • Dining Room Features: Separate Dining Room
  • Square Footage: 5295.00

Beds/Baths

  • Total Bedrooms: 6
  • Bedroom Features: In-Law Suite/Apartment, Split Bedroom Plan
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Full Baths: 5
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Separate His/Hers, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Front Porch, Screened

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Main Level

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc, Playground, Pool, Tennis Court(s)
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Master Association Fee: 500
  • Master Association Fee Frequency: Monthly
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Hoa Contact Phone: 7704518171
  • Management Company Email: cfoster@heritageproperty.com
  • Management Phone: 7702008619
  • Subdivision Complex: POST BROOK FARMS

Association/Amenities

  • Management Company: Heritage

Schools

  • Elementary School: Vickery Creek
  • Middle School: Vickery Creek
  • High School: West Forsyth

Lot Info

  • Acres: 0.2600
  • Lot Features: Private
  • Lot Dimensions: 55x55x14x44x144
  • Parcel Number: 035 318
  • Property Attached Yn: No

Tax Info

  • Taxes: 4439.00
  • Assessor Parcel Number: 035-000-318
  • Close Date: 2018-05-16
  • Tax Year: 2016

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Vickery Creek
  • High School: West Forsyth
  • Middle School: Vickery Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2018
Closed on
Jun 29, 2018
Sold by
Sam Barrie
Bought by
Kutty Vijay and Nair Asha
Seller's Agent
Kimberly Yates
Yates Estates
Buyer's Agent
Kirankumar Ramireddy
Maximum One Greater Atlanta Realtors
List Price
$480,000
Sold Price
$471,000
Premium/Discount to List
-$9,000
-1.88%
Current Estimated Value
$825,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,527
Avg. Annual Appreciation
7.90%
Original Mortgage
$447,450
Interest Rate
4.55%

Purchase Details

Closed on
Aug 17, 2016
Sold by
Sam
Bought by
Barrie Sam and Barrie Vanny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2014
Sold by
Dr Horton Inc
Bought by
Barrie Sam
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
Kutty Vijay -- --
Barrie Sam -- --
Barrie Sam $362,062 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kutty Vijay $447,450
Closed Kutty Vijay --
Previous Owner Barrie Sam $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2018 05/16/18 Sold $471,000 -1.9% $89 / Sq Ft
03/10/2018 03/10/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $480,000 -- $91 / 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 $8,119 $361,532 $72,000 $289,532
2024 $8,119 $331,076 $64,000 $267,076
2023 $8,308 $337,512 $56,000 $281,512
2022 $6,720 $206,084 $32,000 $174,084
2021 $5,691 $206,084 $32,000 $174,084
2020 $5,241 $189,800 $32,000 $157,800
2019 $5,210 $188,400 $30,960 $157,440
2018 $4,694 $182,332 $30,000 $152,332
2017 $4,608 $177,432 $30,000 $147,432
2016 $4,439 $169,432 $22,000 $147,432
2015 $3,885 $142,872 $22,000 $120,872
2014 $2,161 $81,632 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Yates

    Seller's Agent in 2018

    Kimberly Yates

    Yates Estates

    (678) 314-1737

    161 Total Sales

    Kimberly Yates
    Section Image

  • K

    Buyer's Agent in 2018

    Kirankumar Ramireddy

    Maximum One Greater Atlanta Realtors

    (404) 496-1876

    47 Total Sales

    Kirankumar Ramireddy
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5969474

First Multiple Listing Service (FMLS)

APN: 035-318

Georgia Forsyth County Cumming 30040

5505 Chestnut Dr, Cumming, GA

This home is located at 5505 Chestnut Dr, Cumming, GA 30040 since 23 February 2018 and is currently estimated at $825,527, approximately $155 per square foot. This property was built in 2013. 5505 Chestnut Dr is a home located in Forsyth County with nearby schools including Vickery Creek Middle School, West Forsyth High School, and Montessori School of Cumming.

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