NOT LISTED FOR SALE

5520 Rialto Way Cumming, GA 30040

Estimated Value: $535,000 - $574,000

5 Beds
3 Baths
3,516 Sq Ft
$156/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $318,000 $90 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,333/month

Highlights

  • Dining Room Seats More Than Twelve
  • Clubhouse
  • Traditional Architecture
  • Coal Mountain Elementary School Rated A
  • Oversized primary bedroom
  • Wood Flooring

About This Home

As of August 2020

This home is "Under Contract" contrary to what Zillow has which is "Active." Zillow is not accurate.
Step inside to this meticulously maintained home loved by its' original and current owner. The tranquil Living Room is a perfect place to spend a quiet afternoon or all can gather together in the spacious Family Room with Fireplace open to the Kitchen. The Kitchen offers all the bells & whistles with walk in pantry, SS appliances, large island, custom stained cabinetry and a Butler Pantry leading to the coffer ceiling Dining Room with wainscoting. Upstairs you will be greeted by a large loft area currently used as an office but perfect for a play space, library or study area. In addition, there are 3 bedrooms plus an Owner Suite. The Owner Suite retreat with vaulted ceiling has a walk in clothes closet and plenty of space for additional furniture. The Owner Suite bathroom is roomy with dual vanities, garden tub, separate shower and a linen closet. The Laundry Room is also located conveniently on this level. From the Kitchen/Family Room on main level you have access to a covered, concrete patio for additional entertaining space.

Last Agent to Sell the Property

Kathleen Rastetter

Keller Williams Realty Atlanta Partners License #340042 Listed on: 07/11/2020

Keller Williams Realty Atlanta Partners

Last Buyer's Agent

Joseph Subin

Joseph Sony Real Estate Consultants License #370686

Joseph Sony Real Estate Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $770

Year Built

  • Built in 2014

Lot Details

  • 5,227 Sq Ft Lot
  • Privacy Fence
  • Landscaped
  • Level Lot
  • Garden
  • Back Yard Fenced and Front Yard

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway Level

Home Design

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

Interior Spaces

  • 3,516 Sq Ft Home
  • 2-Story Property
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Loft
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • 110 Volts
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 284
  • Assessor Parcel Number 217 668

Community Details

Overview

  • $500 Initiation Fee
  • Cma Association
  • Secondary HOA Phone (800) 522-6314
  • Bridgetowne Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$770

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
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Cert Prof Home Bldrs Legacy: Wilson Parker Homes
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log, Gas Starter, Glass Doors
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Coffered Ceiling(s), Disappearing Attic Stairs, Double Vanity, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Living Room, Loft
  • Dining Room Features: Butlers Pantry, Seats 12+
  • Square Footage: 3516.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Oversized Master
  • Main Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Cement Siding, Shingle Siding, Stone
  • Roof Type: Composition
  • Fencing: Back Yard, Fenced, Privacy, Wood
  • Patio And Porch Features: Covered, Patio
  • Exterior Features: Garden

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Homeowners Assoc, Near Schools, Near Shopping, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 455
  • Association Fee Frequency: Annually
  • Association: Yes
  • Management Company Email: mlazar@cmacommunities.com
  • Management Phone: 800-522-6314
  • Subdivision Complex: Bridgetowne

Association/Amenities

  • Management Company: CMA

Schools

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

Lot Info

  • Acres: 0.1200
  • Lot: 284
  • Land/Lot: 99
  • Section G M D: 3C
  • Deed Book: 7137
  • Deed Page: 549
  • Plat Book: 141
  • Plat Page: 136
  • Lot Features: Back Yard, Front Yard, Landscaped, Level, Private
  • Parcel Number: 217 668
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

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

Rental Info

  • Initiation Fee: 500

Tax Info

  • Taxes: 770.00
  • Assessor Parcel Number: 217-000-668
  • Close Date: 2020-08-14
  • 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
Jul 11, 2020
Closed on
Aug 14, 2020
Sold by
Fleissner Kathleen Jo
Bought by
Thota Venkata Nageswara Rao and Thota Radha Rama
Seller's Agent
Kathleen Rastetter
Keller Williams Realty Atlanta Partners
Buyer's Agent
Joseph Subin
Joseph Sony Real Estate Consultants
List Price
$312,000
Sold Price
$318,000
Premium/Discount to List
$6,000
1.92%
Current Estimated Value
$549,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,637
Avg. Annual Appreciation
11.26%
Original Mortgage
$254,400
Outstanding Balance
$225,763
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$323,874

Purchase Details

Closed on
Apr 15, 2019
Sold by
Fleissner Kathleen
Bought by
Kathleen Fleissner Liv Tr

Purchase Details

Closed on
Sep 4, 2014
Sold by
Wilson Parker Homes Of Bridget
Bought by
Fleissner Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,976
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2014
Sold by
Gk Bridgetowne Lllp
Bought by
Wilson Parker Homes Of Bridget
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
Thota Venkata Nageswara Rao $318,000 --
Kathleen Fleissner Liv Tr -- --
Fleissner Kathleen $231,085 --
Wilson Parker Homes Of Bridget $116,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thota Venkata Nageswara Rao $254,400
Previous Owner Fleissner Kathleen $207,976
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $318,000 +1.9% $90 / Sq Ft
07/11/2020 07/11/20 For Sale $312,000 -- $89 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
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 $4,571 $214,996 $54,000 $160,996
2024 $4,571 $219,040 $54,000 $165,040
2023 $3,865 $198,636 $40,000 $158,636
2022 $3,873 $127,200 $19,080 $108,120
2021 $3,383 $127,200 $19,080 $108,120
2020 $767 $121,556 $20,000 $101,556
2019 $770 $119,892 $20,000 $99,892
2018 $3,212 $124,784 $18,000 $106,784
2017 $2,981 $113,272 $18,000 $95,272
2016 $2,782 $103,872 $17,200 $86,672
2015 $2,482 $92,432 $13,200 $79,232
2014 $347 $13,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Rastetter

    Seller's Agent in 2020

    Kathleen Rastetter

    Keller Williams Realty Atlanta Partners

    (770) 298-8659

    26 Total Sales

    Kathleen Rastetter
    Section Image
  • Joseph Subin

    Buyer's Agent in 2020

    Joseph Subin

    Joseph Sony Real Estate Consultants

    (404) 610-3362

    75 Total Sales

    Joseph Subin
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6748291

First Multiple Listing Service (FMLS)

APN: 217-668

Georgia Forsyth County Cumming 30040

5520 Rialto Way, Cumming, GA

This home is located at 5520 Rialto Way, Cumming, GA 30040 since 11 July 2020 and is currently estimated at $549,637, approximately $156 per square foot. This property was built in 2014. 5520 Rialto Way is a home located in Forsyth County with nearby schools including Coal Mountain Elementary School, North Forsyth Middle School, and North Forsyth High School.

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