NOT LISTED FOR SALE

5505 Falls Landing Dr Cumming, GA 30040

Estimated Value: $515,000 - $562,000

3 Beds
2.5 Baths
2,500 Sq Ft
$216/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $230,000 $92 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $3,292/month

Highlights

  • Open-Concept Dining Room
  • Separate his and hers bathrooms
  • Private Lot
  • Vickery Creek Middle School Rated A
  • Clubhouse
  • Traditional Architecture

About This Home

As of August 2014

Enjoy low Forsyth county taxes and award-winning schools in this upgraded craftsman featuring master on the main. Three bedrooms / two and a half bath with bonus loft area upstairs. Gorgeous over-sized eat-in kitchen includes granite surfaces, hardwood floors, cherry cabinets and brand new stainless steel appliances! Two story greatroom includes fireplace and built-ins. Fantastic swim / tennis community with direct access to miles of walking trails along the Forsyth county Greenway. Only minutes from prime shopping, dining and theatres. This property will not last

Last Agent to Sell the Property

Thomas Hagan

NOT A VALID MEMBER License #348399 Listed on: 06/21/2014

Last Buyer's Agent

Kristin May

1 Look Real Estate License #329049

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,050

Year Built

  • Built in 2007

Lot Details

  • Landscaped
  • Private Lot
  • Level Lot
  • Irrigation Equipment
  • Garden

HOA Fees

  • Property has a Home Owners Association

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Ridge Vents on the Roof
  • Composition Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Circulating Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Open-Concept Dining Room
  • Breakfast Room
  • Loft
  • Bonus Room
  • Pull Down Stairs to Attic
  • Laundry on lower level

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Patio
  • Front Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 268 / A
  • Assessor Parcel Number 5505FallsLandingDR

Community Details

Overview

  • Big Creek Township Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,050

Year Built

Built in 2007

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
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2007
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Circulating, Family Room, Gas Log
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet, Low-Flow Fixtures, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Great Room - 1 Story, Loft
  • Dining Room Features: Open Concept
  • Square Footage: 2500.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate His/Hers, Separate Tub/Shower

Exterior Features

  • Roof Type: Composition, Ridge Vents
  • Patio And Porch Features: Front Porch, Patio
  • Exterior Features: Garden

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Lower Level, Main Level
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Clubhouse, Homeowners Assoc, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee Frequency: Annually
  • Master Association Fee: 450
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Big Creek Township

Schools

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

Lot Info

  • Lot: 268
  • Land/Lot: 268
  • Section G M D: 1
  • Lot Features: Landscaped, Level, Private
  • Lot Dimensions: 0.13
  • Parcel Number: 5505FallsLandingDR
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Insulation, Thermostat, Windows

Tax Info

  • Taxes: 2050.00
  • Assessor Parcel Number: 082-000-231
  • Close Date: 2014-08-29
  • Tax Year: 2013

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
Jun 21, 2014
Closed on
Sep 18, 2014
Sold by
Martyne Sean R
Bought by
Griffin Jessica L
Seller's Agent
Thomas Hagan
NOT A VALID MEMBER
Buyer's Agent
Kristin May
1 Look Real Estate
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%
Current Estimated Value
$540,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,899
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Mar 5, 2010
Sold by
Hud & Housing Of Urban Dev
Bought by
Martyne Sean R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,667
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 2, 2009
Sold by
Bac Home Loan Servicing
Bought by
Hud & Housing Of Urban Dev

Purchase Details

Closed on
Sep 7, 2007
Sold by
Beazer Homes Corp
Bought by
Foster John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,590
Interest Rate
6.55%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 2007
Sold by
Piedmont Investments Llc
Bought by
Beazer Homes Corp
Source: Public Records

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
Griffin Jessica L $230,000 --
Martyne Sean R -- --
Hud & Housing Of Urban Dev -- --
Bac Home Loans Servicing $245,118 --
Foster John R $234,500 --
Beazer Homes Corp $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martyne Sean R $155,667
Previous Owner Foster John R $232,590
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2014 08/29/14 Sold $230,000 -4.1% $92 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
06/21/2014 06/21/14 For Sale $239,900 -- $96 / 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 $5,032 $209,200 $66,000 $143,200
2024 $5,032 $205,200 $66,000 $139,200
2023 $4,943 $200,840 $62,000 $138,840
2022 $4,423 $122,080 $32,000 $90,080
2021 $3,371 $122,080 $32,000 $90,080
2020 $3,149 $114,040 $28,000 $86,040
2019 $3,108 $112,400 $28,000 $84,400
2018 $2,938 $106,240 $28,000 $78,240
2017 $2,809 $101,200 $28,000 $73,200
2016 $2,698 $97,200 $24,000 $73,200
2015 $2,495 $89,720 $20,000 $69,720
2014 $2,132 $80,520 $20,000 $60,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5308144

First Multiple Listing Service (FMLS)

APN: 082-231