$284,900
SOLD APR 28, 2020

5505 Rialto Way Cumming, GA 30040

4 Beds
2.5 Baths
2,421 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$118 Per Sq Ft

Highlights

  • Fitness Center
  • Clubhouse
  • Traditional Architecture
  • Coal Mountain Elementary School Rated A
  • Deck
  • Cathedral Ceiling

About This Home

As of April 2020

Gorgeous traditional family home located in family friendly Bridgetowne! Right off GA 400 makes this an easy and convenient commute to work. A variety of shopping right around the corner with 6 restaurants only minutes away!. Relax in this MOVE-IN READY 4 bed 2.5 bath home, beautiful hardwood floors throughout main floor, coffered ceilings, granite counters, stainless steel appliances, and eye-appealing mosaic glass backsplash. Enjoy cozy summer nights outdoors with this amazing covered deck. Spacious backyard is level and backs up to tranquil wooded landscape. Sought-after schools and lower Forsyth taxes!

Last Agent to Sell the Property

Shane McGonigal

NOT A VALID MEMBER License #375921 Listed on: 03/17/2020

Co-Listed By

Robert Komar

Keller Williams Realty Community Partners License #325819

Last Buyer's Agent

Connor Culkin

EXP Realty, LLC. License #395736

EXP Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,520

Year Built

  • Built in 2014

Lot Details

  • 5,227 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Back Yard Fenced

HOA Fees

  • $38 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 2,421 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room
  • Loft
  • Laundry on upper level

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 217 660

Community Details

Overview

  • $500 Initiation Fee
  • Cma Communities Association, Phone Number (404) 835-9256
  • Secondary HOA Phone (404) 835-9256
  • Bridgetowne Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,520

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
  • Architectural Style: Traditional
  • 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, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Gas Oven, Microwave
  • Interior Amenities: High Ceilings 9 ft Main, Cathedral Ceiling(s), Double Vanity, High Speed Internet
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Stone Counters, Kitchen Island, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room, Loft
  • Dining Room Features: Butlers Pantry
  • Square Footage: 2421.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half 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: Covered, Deck
  • Exterior Features: Private Yard

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas
  • Laundry Features: Upper Floor
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Homeowners Assoc, Fitness Center, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s), Near Schools, Near Shopping
  • Association Fee: 455
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 404-835-9256
  • Management Company Email: mlazar@cmacommunities
  • Management Phone: 404-835-9256
  • Subdivision Complex: Bridgetowne

Association/Amenities

  • Management Company: CMA Communities

Schools

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

Lot Info

  • Acres: 0.1200
  • Lot Features: Back Yard, Level
  • Lot Dimensions: 5227
  • Parcel Number: 217 660
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 500

Tax Info

  • Taxes: 2520.00
  • Assessor Parcel Number: 217-000-660
  • Close Date: 2020-04-28
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Coal Mountain
  • High School: North Forsyth
  • Middle School: North Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2020
Closed on
Apr 28, 2020
Sold by
Knapp Mark A
Bought by
Barrientos Freddie and Barrientos Claudia E
Seller's Agent
Shane McGonigal
NOT A VALID MEMBER
Buyer's Agent
Connor Culkin
EXP Realty, LLC.
List Price
$284,900
Sold Price
$284,900
Current Estimated Value
$495,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,639
Avg. Annual Appreciation
10.73%
Original Mortgage
$264,900
Outstanding Balance
$234,738
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$260,801

Purchase Details

Listed on
Jul 6, 2014
Closed on
Sep 12, 2014
Sold by
Wilson Parker Homes Of Bridget
Bought by
Knapp Mark A and Donnelly Karen D
Seller's Agent
SCOTT COLEMAN
D.R. Horton Realty of Georgia Inc
Buyer's Agent
SCOTT COLEMAN
D.R. Horton Realty of Georgia Inc
List Price
$205,900
Sold Price
$215,733
Premium/Discount to List
$9,833
4.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%
Original Mortgage
$204,946
Interest Rate
4.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $284,900 --
Limited Warranty Deed $215,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $264,900 New Conventional
Previous Owner $204,946 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2020 04/28/20 Sold $284,900 0.0% $118 / Sq Ft
03/22/2020 03/22/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $284,900 +32.0% $118 / Sq Ft
12/04/2014 12/04/14 Pending -- -- --
11/28/2014 11/28/14 Sold $215,855 0.0% --
09/15/2014 09/15/14 For Sale $215,855 +0.1% --
09/12/2014 09/12/14 Sold $215,733 +4.8% --
08/13/2014 08/13/14 Pending -- -- --
07/06/2014 07/06/14 For Sale $205,900 -- --
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 $4,695 $188,032 $54,000 $134,032
2024 $4,695 $191,480 $54,000 $137,480
2023 $4,192 $170,320 $40,000 $130,320
2022 $3,592 $109,940 $20,000 $89,940
2021 $3,036 $109,940 $20,000 $89,940
2020 $2,550 $100,832 $20,000 $80,832
2019 $2,526 $99,444 $20,000 $79,444
2018 $2,500 $97,776 $18,000 $79,776
2017 $2,334 $89,436 $18,000 $71,436
2016 $2,181 $82,196 $17,200 $64,996
2015 $2,142 $80,196 $15,200 $64,996
2014 $347 $13,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6697091

First Multiple Listing Service (FMLS)

APN: 217-660