NOT LISTED FOR SALE

5515 Pilgrim Point Rd Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $420,000 - $627,000

3 Beds
2.5 Baths
2,547 Sq Ft
$201/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $298,000 $117 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,041/month

Highlights

  • Home Theater
  • Fishing
  • Lake View
  • Chattahoochee Elementary School Rated A
  • Separate his and hers bathrooms
  • Community Lake

About This Home

As of September 2020

Enjoy everything that Lake Lanier has to offer year around at 5515 Pilgrim Point in Cumming, Georgia. This stunning traditional home includes three floors of living space, large yard and is located in a wonderful neighborhood. Large two story foyer with gleaming dark hardwoods makes way to the fireside living room and open concept dining room. Walls have been freshly painted and the light pours in from every window. Kitchen includes white cabinets, oversized island with bar space and access to the private deck overlooking the yard. Brand new fixtures in the kitchen and dining room are the perfect touch and bring out the charm in this 3 bed, 2.5 bath home. Finished basement includes cool tile floors, a large built in wet bar, huge built in cabinets for storage, and a door that leads you to the backyard. As you make your way upstairs the hardwoods follow, no carpet in this house! Oversized master bedroom has a large walk in closet and tray ceilings. Recently updated master bath includes separate tub, walk in shower, grey tile, white cabinets, updated faucets and fixtures and another full walk in closet. Two other bedrooms, a laundry room, updated bathroom and BONUS loft space make up the third floor of this move in ready home. This house has been renovated to meet your exact needs and the added bonus is that you are minutes from Lake Lanier. Easy access to the neighborhood dock, boat ramp and outdoors space for late summer fun. Find out why this home won’t last long!

Last Agent to Sell the Property

Cleve Gaddis

RE/MAX Center License #238775 Listed on: 08/14/2020

RE/MAX Center

Last Buyer's Agent

Teffany Emerson

Century 21 Results License #369698

Century 21 Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,783

Year Built

  • Built in 1995

Lot Details

  • 0.53 Acre Lot
  • Property fronts a state road
  • Landscaped
  • Sloped Lot
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2,547 Sq Ft Home
  • 3-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the lower level
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Oversized primary bedroom
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry in Hall
  • Laundry on upper level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Natural lighting in basement

Eco-Friendly Details

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

Outdoor Features

  • Deck

Schools

  • Chattahoochee - Forsyth Elementary School
  • Little Mill Middle School
  • Forsyth Central High School

Utilities

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

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 221 664

Community Details

Overview

  • Pilgrim Bay Subdivision
  • Community Lake

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,783

Year Built

Built in 1995

Lot Details

0

HOA Fees

$17 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: 1995
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Fireplace Features: Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: High Ceilings 9 ft Lower, High Ceilings 9 ft Main, Double Vanity, Disappearing Attic Stairs, High Speed Internet, Entrance Foyer, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets White, Laminate Counters, Eat-in Kitchen, Kitchen Island, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Media Room, Office, Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2547.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

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

Exterior Features

  • Construction Materials: Stucco, Vinyl Siding
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Deck
  • Exterior Features: Private Yard
  • View: Lake

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Garage, Garage Faces Front

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Hall, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Electric: None

Condo/Co-op/Association

  • Community Features: Fishing, Homeowners Assoc, Lake, Street Lights
  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Pilgrim Bay

Schools

  • Elementary School: Chattahoochee - Forsyth
  • Middle School: Little Mill
  • High School: Forsyth Central

Lot Info

  • Acres: 0.5300
  • Lot: 7
  • Land/Lot: 86
  • Plat Book: 43
  • Plat Page: 65-66
  • Lot Features: Back Yard, Landscaped, Private, Sloped, Front Yard
  • Lot Dimensions: x
  • Parcel Number: 221 664
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

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

Tax Info

  • Taxes: 2783.00
  • Assessor Parcel Number: 221-000-664
  • Close Date: 2020-09-15
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Chattahoochee - Forsyth
  • High School: Forsyth Central
  • Middle School: Little Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2021
Sold by
Potter Dylan
Bought by
Lawler Brittany Healy
Current Estimated Value
$510,752

Purchase Details

Listed on
Aug 14, 2020
Closed on
Sep 15, 2020
Sold by
Ridley Stetson Obarrett
Bought by
Potter Dylan
Seller's Agent
Cleve Gaddis
RE/MAX Center
Buyer's Agent
Teffany Emerson
Century 21 Results
List Price
$289,900
Sold Price
$298,000
Premium/Discount to List
$8,100
2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.12%
Original Mortgage
$308,728
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Listed on
Apr 10, 2016
Closed on
Jul 7, 2016
Sold by
Christopher A
Bought by
Ridley Stetson Obarrett and Ridley Sara
Seller's Agent
Gary Silverman
Berkshire Hathaway HomeServices Georgia Properties
Buyer's Agent
ANN M ALLISON
BHGRE Metro Brokers
List Price
$205,000
Sold Price
$179,900
Premium/Discount to List
-$25,100
-12.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.80%
Original Mortgage
$143,900
Interest Rate
3.13%

Purchase Details

Closed on
Jul 25, 2001
Sold by
Felso John J
Bought by
Henesy Christopher A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,450
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 1998
Sold by
Mitchell David B and Vi Susan L
Bought by
Felso John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 1996
Sold by
Dream Homeconstr Inc
Bought by
Mitchell David Susan
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
Lawler Brittany Healy $330,000 --
Potter Dylan $298,000 --
Ridley Stetson Obarrett $179,900 --
Henesy Christopher A $170,800 --
Felso John J $157,500 --
Mitchell David Susan $123,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Potter Dylan $308,728
Previous Owner Ridley Stetson Obarrett $143,900
Previous Owner Henesy Christopher A $169,450
Previous Owner Felso John J $141,750
Closed Mitchell David Susan $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2020 09/15/20 Sold $298,000 +2.8% $117 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $289,900 +61.1% $114 / Sq Ft
07/07/2016 07/07/16 Sold $179,900 -9.8% $95 / Sq Ft View Prior Sale
05/27/2016 05/27/16 Pending -- -- --
05/06/2016 05/06/16 Price Changed $199,500 -2.7% $106 / Sq Ft
04/11/2016 04/11/16 For Sale $205,000 0.0% $109 / Sq Ft
11/18/2014 11/18/14 Rented $1,395 0.0% --
10/19/2014 10/19/14 Under Contract -- -- --
08/28/2014 08/28/14 For Rent $1,395 -- --
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 $4,137 $207,512 $50,000 $157,512
2024 $4,137 $192,304 $46,000 $146,304
2023 $3,510 $177,084 $40,000 $137,084
2022 $3,761 $117,192 $24,000 $93,192
2021 $3,236 $117,192 $24,000 $93,192
2020 $2,358 $94,896 $22,000 $72,896
2019 $2,783 $115,248 $22,000 $93,248
2018 $2,334 $93,040 $22,000 $71,040
2017 $1,898 $71,960 $16,400 $55,560
2016 $1,948 $70,192 $16,000 $54,192
2015 $1,840 $66,192 $12,000 $54,192
2014 $1,635 $61,748 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cleve Gaddis

    Seller's Agent in 2020

    Cleve Gaddis

    RE/MAX

    (678) 987-1921

    1 in this area

    150 Total Sales

    Cleve Gaddis
    Section Image
  • Teffany Emerson

    Buyer's Agent in 2020

    Teffany Emerson

    Century 21 Results

    (904) 614-7240

    3 in this area

    70 Total Sales

    Teffany Emerson
    Section Image
  • Gary Silverman

    Seller's Agent in 2016

    Gary Silverman

    Berkshire Hathaway HomeServices Georgia Properties

    (770) 617-5658

    113 Total Sales

    Gary Silverman
    Section Image
  • ANN M ALLISON

    Buyer's Agent in 2016

    ANN M ALLISON

    Better Homes and Gardens Real Estate

    (770) 356-1654

    60 Total Sales

    ANN M ALLISON
    Section Image

  • D

    Seller's Agent in 2014

    DAWN LIONE

    Coldwell Banker Realty

    (678) 770-9305

    9 Total Sales

    DAWN LIONE
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6767016

First Multiple Listing Service (FMLS)

APN: 221-664

Georgia Forsyth County Cumming 30041 Lake Lanier

5515 Pilgrim Point Rd, Cumming, GA

This home is located at 5515 Pilgrim Point Rd, Cumming, GA 30041 since 14 August 2020 and is currently estimated at $510,752, approximately $200 per square foot. This property was built in 1995. 5515 Pilgrim Point Rd is a home located in Forsyth County with nearby schools including Chattahoochee Elementary School and Little Mill Middle School.

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