NOT LISTED FOR SALE

5525 Rialto Way Cumming, GA 30040

Estimated Value: $485,658 - $535,000

5 Beds
3 Baths
2,480 Sq Ft
$203/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $390,000 $157 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,086/month

Highlights

  • Open-Concept Dining Room
  • Clubhouse
  • Oversized primary bedroom
  • Coal Mountain Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of July 2021

Beautiful open concept 5 bedroom, 3 bath home in a great location!Private, level fenced backyard with pergola for entertaining that backs up to woods. Inside, you will find an updated kitchen with white cabinets, granite countertops, white subway tile backsplash, and stainless appliances. Also, a large guest bedroom/office and full bath on the main level. Upstairs you will find the master bedroom with master bath and walk-in closet. As well as 3 additional bedrooms with generous space. Enjoy nice touches like the welcoming front-porch, mud-room for your belongings off the garage, inviting/entertaining kitchen island looking into the family room, and hardwood floors.This home is a must see! Bridgetowne is located minutes from GA 400, shopping and schools.Excellent amenities in the community.

Last Agent to Sell the Property

Heather Clemons

Atlanta Communities License #393936 Listed on: 06/21/2021

Atlanta Communities

Co-Listed By

Kelly Bening

Harry Norman Realtors License #318943

Last Buyer's Agent

Miao Li

Virtual Properties Realty. Biz License #387961

Virtual Properties Realty. Biz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,801

Year Built

  • Built in 2014

Lot Details

  • 3,920 Sq Ft Lot
  • Property fronts a state road
  • Private Entrance
  • Level Lot
  • Back Yard Fenced

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,480 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 10 feet on the upper level
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Open-Concept Dining Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White 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

Laundry

  • Laundry in Mud Room
  • Laundry in Hall
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Entrance

Outdoor Features

  • Covered Patio or Porch
  • Pergola

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Tankless Water Heater
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 278 / 3C
  • Assessor Parcel Number 217 662

Community Details

Overview

  • Bridgetowne Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Swim Team
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,801

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: Contemporary/Modern
  • Property Condition: Resale
  • Year Built: 2014
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 2480.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Gas Log, Gas Starter, Living Room
  • Number Of Fireplaces: 1
  • Other Equipment: Satellite Dish
  • Appliances: Dishwasher, Disposal, Dryer, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Washer
  • Interior Amenities: Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, High Ceilings 10 ft Upper, Smart Home, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets White, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Office
  • Dining Room Features: Open Concept, Separate Dining Room
  • Square Footage: 2480.00
  • Spa Features: None
  • Window Features: None

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

Exterior Features

  • Other Structures: Pergola
  • Construction Materials: Stone, Vinyl Siding
  • Roof Type: Composition, Shingle
  • Fencing: Back Yard, Fenced, Privacy
  • Patio And Porch Features: Covered, Front Porch, Rear Porch
  • Exterior Features: Private Front Entry, Private Yard
  • Foundation: Slab

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Driveway, Garage, Garage Faces Front, On Street

Utilities

  • Water Source: Private
  • Security: Carbon Monoxide Detector(s), Fire Alarm, Security Service, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: In Hall, Mud Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Swim/Tennis
  • Community Features: Clubhouse, Homeowners Assoc, Near Schools, Near Shopping, Near Trails/Greenway, Playground, Pool, Sidewalks, Street Lights, Swim Team, Tennis Court(s)
  • Association Fee: 455
  • Association Fee Frequency: Annually
  • Master Association Fee: 455
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: Bridgetowne

Schools

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

Lot Info

  • Acres: 0.0900
  • Lot: 278
  • Land/Lot: 14
  • Section G M D: 3C
  • Lot Features: Back Yard, Level, Private
  • Parcel Number: 217 662
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2801.00
  • Assessor Parcel Number: 217-000-662
  • Close Date: 2021-07-27
  • Tax Year: 2020

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
Jun 21, 2021
Closed on
Jul 26, 2021
Sold by
Mcclenahan Russell
Bought by
Cao Ning
Seller's Agent
Heather Clemons
Atlanta Communities
Buyer's Agent
Miao Li
Virtual Properties Realty. Biz
List Price
$380,000
Sold Price
$390,000
Premium/Discount to List
$10,000
2.63%
Current Estimated Value
$502,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,415
Avg. Annual Appreciation
6.25%
Original Mortgage
$281,250
Outstanding Balance
$256,125
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$246,290

Purchase Details

Listed on
Sep 20, 2017
Closed on
Feb 6, 2018
Sold by
Mcgregor William L
Bought by
Mcclenahan Russell and Mcclenahan Natalie
Seller's Agent
Cole Team
Real Broker, LLC.
Buyer's Agent
Kevin Lin
Virtual Properties Realty. Biz
List Price
$269,900
Sold Price
$264,500
Premium/Discount to List
-$5,400
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.84%
Original Mortgage
$232,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2014
Sold by
Mcgregor William L
Bought by
Mcgregor William L and Mcgregor Valarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,975
Interest Rate
4.19%
Mortgage Type
VA

Purchase Details

Closed on
Mar 24, 2014
Sold by
Gk Bridgetowne Lllp
Bought by
Wilson Parker Homes Of Bridge
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
Cao Ning $390,000 --
Mcclenahan Russell $264,500 --
Mcgregor William L -- --
Mcgregor William L $203,000 --
Wilson Parker Homes Of Bridge $232,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cao Ning $281,250
Previous Owner Mcclenahan Russell $232,000
Previous Owner Mcgregor William L $202,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 Sold $390,000 +2.6% $157 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $380,000 +43.7% $153 / Sq Ft
02/06/2018 02/06/18 Sold $264,500 -0.2% $107 / Sq Ft
12/30/2017 12/30/17 Pending -- -- --
10/18/2017 10/18/17 Price Changed $265,000 -1.8% $107 / Sq Ft
09/20/2017 09/20/17 For Sale $269,900 -- $109 / 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 $4,610 $184,688 $54,000 $130,688
2024 $4,610 $187,976 $54,000 $133,976
2023 $4,114 $167,132 $40,000 $127,132
2022 $1,082 $110,572 $20,000 $90,572
2021 $3,053 $110,572 $20,000 $90,572
2020 $2,801 $101,424 $20,000 $81,424
2019 $2,766 $100,036 $20,000 $80,036
2018 $2,704 $97,768 $18,000 $79,768
2017 $2,466 $88,868 $18,000 $70,868
2016 $2,267 $81,668 $17,200 $64,468
2015 $2,215 $79,668 $15,200 $64,468
2014 $347 $13,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather Clemons

    Seller's Agent in 2021

    Heather Clemons

    Atlanta Communities

    (678) 598-1650

    12 Total Sales

    Heather Clemons
    Section Image
  • Kelly Bening

    Seller Co-Listing Agent in 2021

    Kelly Bening

    Harry Norman Realties

    (770) 856-8310

    62 Total Sales

    Kelly Bening
    Section Image
  • Miao Li

    Buyer's Agent in 2021

    Miao Li

    Virtual Properties Realty.BIZ

    (678) 799-6366

    12 Total Sales

    Miao Li
    Section Image
  • Cole Team

    Seller's Agent in 2018

    Cole Team

    Real Broker, LLC.

    (770) 316-3110

    239 Total Sales

    Cole Team
    Section Image

  • K

    Buyer's Agent in 2018

    Kevin Lin

    Virtual Properties Realty.BIZ

    (470) 253-4184

    4 Total Sales

    Kevin Lin
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6899896

First Multiple Listing Service (FMLS)

APN: 217-662

Georgia Forsyth County Cumming 30040

5525 Rialto Way, Cumming, GA

This home is located at 5525 Rialto Way, Cumming, GA 30040 since 21 June 2021 and is currently estimated at $502,415, approximately $202 per square foot. This property was built in 2014. 5525 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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