$264,500
SOLD FEB 6, 2018

5525 Rialto Way Cumming, GA 30040

5 Beds
3 Baths
2,480 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$107 Per Sq Ft

2% Below List Price

101 Days on Market

Highlights

  • Open-Concept Dining Room
  • Traditional Architecture
  • Stone Countertops
  • Coal Mountain Elementary School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of July 2021

MUST See! Outstanding family home - Better than new! Cozy family room with stacked stone fireplace, Chef's kitchen with huge island, ss appliances & granite countertops. 5 bedrooms include upstairs master suite with double vanity, separate tiled shower and garden tub. Spacious secondary bedrooms including bedroom and full bath on main level. Huge, flat and fenced yard with private wooded views and stone patio. Great location! Get up to $1000 in closing costs with preferred lender.

Last Agent to Sell the Property

Cole Team

Real Broker, LLC. Listed on: 09/20/2017

Real Broker, LLC.

Last Buyer's Agent

Kevin Lin

Virtual Properties Realty. Biz License #351803

Virtual Properties Realty. Biz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,267

Year Built

  • Built in 2014

Lot Details

  • 3,920 Sq Ft Lot
  • Fenced
  • Landscaped
  • Level Lot
  • Garden

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Brick Front

Interior Spaces

  • 2,480 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Breakfast Room
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 278
  • Assessor Parcel Number 217 662

Community Details

Overview

  • $500 Initiation Fee
  • Gw & Associates Association, Phone Number (678) 407-6307
  • Bridgetowne Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,267

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
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Kitchen Island, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Open Concept
  • Square Footage: 2480.00
  • Window Features: Insulated Windows

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Patio
  • Exterior Features: Garden

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Pool, Tennis Court(s)
  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 678-407-6307
  • Management Company Email: vpatruno@gwmgt.com
  • Subdivision Complex: Bridgetowne

Association/Amenities

  • Management Company: Gw & Associates

Schools

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

Lot Info

  • Acres: 0.0900
  • Lot: 278
  • Land/Lot: 99
  • Deed Book: 7104
  • Deed Page: 425
  • Plat Book: 141
  • Plat Page: 136
  • Lot Features: Landscaped, Level
  • Lot Dimensions: .09 Acres
  • Parcel Number: 217 662
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat, Windows

Rental Info

  • Initiation Fee: 500

Tax Info

  • Taxes: 2267.00
  • Assessor Parcel Number: 217-000-662
  • Close Date: 2018-02-06
  • Tax Year: 2016

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
$509,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,698
Avg. Annual Appreciation
6.98%
Original Mortgage
$281,250
Outstanding Balance
$258,832
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$252,968

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $390,000 --
Warranty Deed $264,500 --
Warranty Deed -- --
Limited Warranty Deed $203,000 --
Limited Warranty Deed $232,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $281,250 New Conventional
Closed $281,250 New Conventional
Previous Owner $232,000 New Conventional
Previous Owner $202,975 VA
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
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

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5909810

First Multiple Listing Service (FMLS)

APN: 217-662