NOT LISTED FOR SALE

5515 Franklin Goldmine Rd Cumming, GA 30028

Estimated Value: $1,032,213 - $1,231,000

5 Beds
4 Baths
4,277 Sq Ft
$273/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $672,900 $157 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $7,228/month

60 Days on Market

Highlights

  • Home Theater
  • Deck
  • Oversized primary bedroom
  • Poole's Mill Elementary School Rated A
  • Family Room with Fireplace
  • Traditional Architecture

About This Home

As of July 2020

Gorgeous home *instant equity* on this 2018 custom build! No HOA, beautiful designer upgrades and just over 1 Acre fenced lot! Open floor plan over 4200+ sq ft, 5 BR, 4 BA + Bonus AND an unfinished daylight walkout Terrace Level. West Forsyth Football AND confirmed for the new **Poole's Mill Elementary!** Enjoy a farmhouse setting in the quaint Franklin Goldmine area within minutes to all the area favorites. Heavily upgraded, 3-car side entry garage, Gourmet Kitchen, built-ins, hardwood floors, coffered ceilings, beamed ceilings, barn doors, custom designer touches, upgraded lighting, 3 fireplaces, shiplap, gorgeous fireside breakfast room, hardwoods throughout including upstairs hallway. Large yard is already four board fenced and wired in backyard, irrigation system front and back and yard layout is perfect for a future pool! Enjoy the views from the covered deck with fireplace. Smart features; Nest Thermostats, Ring Pro, Nest Protect CO2 monitors, Cat6 Ethernet, Hard wired alarm system. No detail was overlooked in this custom beauty! Small enclave of custom-built farmhouse style homes on charming Franklin Goldmine Rd with no HOA. Less than 10 mins to Vickery Village!! *This home is occupied and requires appointment to view*

Last Agent to Sell the Property

Kristin Sheehan

Ansley Real Estate| Christie's International Real Estate License #280204 Listed on: 04/23/2020

Ansley Real Estate| Christie's International Real Estate

Last Buyer's Agent

Jason Wilson

Ursula & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,947

Year Built

  • Built in 2018

Lot Details

  • 1.09 Acre Lot
  • Wood Fence
  • Level Lot
  • Irrigation Equipment
  • Back Yard Fenced and Front Yard

Parking

  • 3 Car Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Farmhouse Style Home
  • Shingle Roof
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 4,277 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Beamed Ceilings
  • Tray Ceiling
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Bonus Room
  • Keeping Room with Fireplace
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Covered patio or porch
  • Outdoor Fireplace

Schools

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • 220 Volts
  • High-Efficiency Water Heater
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • None/ Acreage 1+ Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 4
  • Assessor Parcel Number 008 281

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,947

Year Built

Built in 2018

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse, Traditional
  • Property Condition: Resale
  • Year Built: 2018
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Gas Starter, Keeping Room, Outside
  • Number Of Fireplaces: 3
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Beamed Ceilings, Bookcases, Disappearing Attic Stairs, Double Vanity, Entrance Foyer, High Ceilings 10 ft Main, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Full, Unfinished
  • Kitchen Features: Breakfast Bar, Cabinets White, Eat-in Kitchen, Keeping Room, Kitchen Island, Pantry, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Family Room, Living Room, Media Room
  • Dining Room Features: Butlers Pantry, Separate Dining Room
  • Square Footage: 4277.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Oversized Master
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub, Vaulted Ceilings

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition, Shingle
  • Fencing: Back Yard, Wood
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch
  • Exterior Features: Private Yard

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Driveway, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Electric: 220 Volts

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Hoa Contact Phone: 000-000-0000
  • Home Warranty: Yes
  • Subdivision Complex: none/ acreage 1+

Schools

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

Lot Info

  • Acres: 1.0900
  • Lot: 4
  • Land/Lot: 864
  • Section G M D: 1st
  • Plat Book: 167
  • Plat Page: 107
  • Lot Features: Back Yard, Front Yard, Level
  • Lot Dimensions: X
  • Parcel Number: 008 281
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances, HVAC, Insulation, Thermostat, Water Heater
  • Green Energy Generation: None

Tax Info

  • Taxes: 2947.00
  • Assessor Parcel Number: 008-000-281
  • Close Date: 2020-07-31
  • Tax Year: 2018

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
Apr 23, 2020
Closed on
Jul 31, 2020
Sold by
Lores Michael Joseph
Bought by
Lores Michael Joseph and Lores Kristina
Seller's Agent
Kristin Sheehan
Ansley Real Estate| Christie's International Real Estate
Buyer's Agent
Jason Wilson
Ursula & Associates
List Price
$700,000
Sold Price
$672,900
Premium/Discount to List
-$27,100
-3.87%
Current Estimated Value
$1,165,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,653
Avg. Annual Appreciation
11.89%
Original Mortgage
$500,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2017
Closed on
Jul 13, 2018
Sold by
Michno Jason Kenneth
Bought by
Michno Jason Kenneth and Michno Stephanie Hewes
Seller's Agent
Tamra Wade
RE/MAX Tru
Buyer's Agent
Teresa Waters
Harry Norman Realtors
List Price
$624,633
Sold Price
$649,999
Premium/Discount to List
$25,366
4.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.70%
Original Mortgage
$519,999
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2017
Closed on
Jul 12, 2018
Sold by
Tipton Home Builders Llc
Bought by
Michno Jason Kenneth
Seller's Agent
Tamra Wade
RE/MAX Tru
Buyer's Agent
Teresa Waters
Harry Norman Realtors
List Price
$624,633
Sold Price
$649,999
Premium/Discount to List
$25,366
4.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,999
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Lores Michael Joseph -- --
Lores Michael Joseph $672,900 --
Michno Jason Kenneth -- --
Michno Jason Kenneth $649,999 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lores Michael Joseph $315,000
Closed Lores Michael Joseph $80,000
Open Lores Michael Joseph $506,000
Closed Lores Michael Joseph $500,000
Previous Owner Michno Jason Kenneth $519,999
Previous Owner Michno Jason Kenneth $519,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $672,900 0.0% $157 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/18/2020 06/18/20 Price Changed $672,900 -0.9% $157 / Sq Ft
06/01/2020 06/01/20 Price Changed $679,000 -1.5% $159 / Sq Ft
05/18/2020 05/18/20 Price Changed $689,000 -1.6% $161 / Sq Ft
04/23/2020 04/23/20 For Sale $700,000 +7.7% $164 / Sq Ft
07/13/2018 07/13/18 Sold $649,999 0.0% $157 / Sq Ft
05/03/2018 05/03/18 Pending -- -- --
04/24/2018 04/24/18 Price Changed $649,999 +4.1% $157 / Sq Ft
11/07/2017 11/07/17 For Sale $624,633 +56.2% $151 / Sq Ft
07/28/2017 07/28/17 Sold $400,000 +300.0% --
06/28/2017 06/28/17 Pending -- -- --
06/26/2017 06/26/17 For Sale $100,000 -- --
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
2024 $8,817 $400,056 $34,100 $365,956
2023 $6,483 $310,252 $36,256 $273,996
2022 $6,566 $257,100 $32,000 $225,100
2021 $5,665 $257,100 $32,000 $225,100
2020 $5,837 $214,652 $32,000 $182,652
2019 $6,641 $243,412 $32,000 $211,412
2018 $2,947 $106,572 $32,000 $74,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6713775

First Multiple Listing Service (FMLS)

APN: 008-281