NOT LISTED FOR SALE

5510 Vendelay Ln Cumming, GA 30040

Estimated Value: $728,000 - $793,000

4 Beds
4 Baths
3,659 Sq Ft
$209/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $361,017 $99 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $4,576/month

Highlights

  • Home Theater
  • Newly Remodeled
  • Community Lake
  • Sawnee Elementary School Rated A
  • Craftsman Architecture
  • Private Lot

About This Home

As of October 2018

Ready October! Drake Floor Plan! Two story home with 4 Bedrooms and 4 Baths. Main level offers study and formal dining room, with an impressive two story family room and fireplace and gourmet kitchen with large island and charming breakfast nook. Large master suite with trey ceiling and bathroom with his and hers vanities plus three additional bedrooms are upstairs. Optional room alternatives available. Community features include a lake, pool, playground, tennis courts, and amenity center. Close proximity to Lake Lanier, golf, shopping and desireable area schools!

Last Agent to Sell the Property

Tamra Wade

RE/MAX Tru License #214598 Listed on: 08/21/2018

RE/MAX Tru

Last Buyer's Agent

Vishali Kodela

Virtual Properties Realty.com License #343059

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,795

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Landscaped
  • Private Lot
  • Level Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

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

Interior Spaces

  • 3,659 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Schools

  • Sawnee Elementary School
  • Liberty - Forsyth Middle School
  • West Forsyth High School

Utilities

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

Additional Features

  • Energy-Efficient Thermostat
  • Covered Patio or Porch

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 26 / A
  • Assessor Parcel Number 054 466

Community Details

Overview

  • $600 Initiation Fee
  • Arbors II At Lakeview Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,795

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Traditional
  • Property Condition: New Construction
  • Year Built: 2018
  • Levels Stories: Two
  • Special Features: NewHome
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Double Oven, ENERGY STAR Qualified Appliances, Gas Water Heater, Microwave
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Main, Walk-In Closet(s)
  • Kitchen Features: Eat-in Kitchen, Kitchen Island, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Media Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3659.00

Beds/Baths

  • Total Bedrooms: 4
  • Total Full Baths: 4
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room
  • Utilities: Cable Available, Natural Gas Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Lake, Playground, Pool, Sidewalks, Tennis Court(s)
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: Arbors II At Lakeview

Schools

  • Elementary School: Sawnee
  • Middle School: Liberty - Forsyth
  • High School: West Forsyth

Lot Info

  • Lot: 26
  • Lot Features: Landscaped, Level, Private
  • Parcel Number: 054 466
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat

Rental Info

  • Initiation Fee: 600

Tax Info

  • Assessor Parcel Number: 054-000-466
  • Close Date: 2018-10-26
  • Tax Year: 2017

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Sawnee
  • High School: West Forsyth
  • Middle School: Liberty - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2018
Closed on
Oct 26, 2018
Sold by
Babu Krishnakumar
Bought by
Nithya Babu Krishnakumar and Nithya Veloumourougane
Seller's Agent
Tamra Wade
RE/MAX Tru
Buyer's Agent
Vishali Kodela
Virtual Properties Realty.com
List Price
$376,017
Sold Price
$361,017
Premium/Discount to List
-$15,000
-3.99%
Current Estimated Value
$765,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,641
Avg. Annual Appreciation
11.48%
Original Mortgage
$342,966
Interest Rate
4.7%
Mortgage Type
New Conventional
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
Nithya Babu Krishnakumar -- --
Babu Krishnakumar $361,017 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babu Krishnakumar $342,966
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $361,017 -4.0% $99 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $376,017 -- $103 / 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 $5,795 $290,256 $72,000 $218,256
2024 $5,795 $280,384 $64,000 $216,384
2023 $5,210 $265,824 $52,000 $213,824
2022 $5,118 $156,516 $32,000 $124,516
2021 $4,147 $156,516 $32,000 $124,516
2020 $4,222 $160,128 $32,000 $128,128
2019 $3,903 $144,400 $32,000 $112,400
2018 $885 $32,000 $32,000 $0
2017 $888 $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6060854

First Multiple Listing Service (FMLS)

APN: 054-466