NOT LISTED FOR SALE

5535 Memphis St Cumming, GA 30040

Estimated Value: $938,000 - $991,057

5 Beds
6 Baths
6,500 Sq Ft
$148/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $880,000 $135 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,744/month

Highlights

  • Water Views
  • Home fronts a pond
  • Dining Room Seats More Than Twelve
  • Sawnee Elementary School Rated A
  • Lake On Lot
  • Deck

About This Home

As of May 2022

You will not want to miss this executive estate located on a quiet cul-de-sac and in the highly desirable Forsyth County area. Come relax on your amazing rocking chair front porch. Or sip some sweet tea from your enormous sunroom that overlooks your expansive deck and 6.9 acers in Cumming, GA! This luxury estate has a beautiful, gourmet kitchen, master on the main, and three additional bedroom on the main level. On the lower level you will find a second kitchen, workout room, billiards room, full bath and another spacious bedroom. The interior of the home has been freshly repainted alabaster white and the exterior trim work has all been repainted. On this beautiful 6.9 acers you will find a small pond, shooting range, detached insulated garage that can hold another six cars, in the private back yard and NO HOA FEES.

Last Agent to Sell the Property

Michelle Meinhart

EXP Realty, LLC. License #402022 Listed on: 04/21/2022

EXP Realty, LLC.

Last Buyer's Agent

Michelle Meinhart

EXP Realty, LLC. License #402022 Listed on: 04/21/2022

EXP Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,300

Year Built

  • Built in 2005

Lot Details

  • 6.9 Acre Lot
  • Home fronts a pond
  • Home fronts a stream
  • Cul-De-Sac
  • Chain Link Fence
  • Landscaped
  • Level Lot
  • Private Yard
  • Garden
  • Back Yard

Parking

  • 6 Car Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Garage Door Opener
  • Drive Under Main Level
  • Driveway Level
  • Secured Garage or Parking

Property Views

  • Water
  • Woods

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Four Sided Brick Exterior Elevation
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,500 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Bookcases
  • Coffered Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace Features Blower Fan
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Insulated Windows
  • Entrance Foyer
  • Family Room
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Workshop
  • Sun or Florida Room
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Hall
  • Dryer

Finished Basement

  • Interior Basement Entry
  • Finished Basement Bathroom
  • Crawl Space
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Lake On Lot
  • Deck
  • Separate Outdoor Workshop
  • Shed
  • Rain Gutters
  • Front Porch

Schools

  • Matt Elementary School
  • Liberty - Forsyth Middle School
  • North Forsyth High School

Utilities

  • Zoned Heating and Cooling
  • Dehumidifier
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • 220 Volts in Garage
  • 110 Volts
  • Power Generator
  • Private Water Source
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 121 035

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,300

Year Built

Built in 2005

Lot Details

0

Parking

6

Listing Details

  • Standard Status: Closed
  • Legal Description: See Attached documents
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2005
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Blower Fan, Gas Starter
  • Number Of Fireplaces: 1
  • Other Equipment: Dehumidifier, Generator
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator
  • Interior Amenities: Bookcases, Central Vacuum, Coffered Ceiling(s), Disappearing Attic Stairs, Double Vanity, Entrance Foyer, High Ceilings 10 ft Lower, High Ceilings 10 ft Main, High Speed Internet, Vaulted
  • Basement: Crawl Space, Daylight, Finished, Finished Bath, Interior Entry
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets Other, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Family Room, Sun Room, Workshop
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 6500.00
  • Spa Features: None
  • Window Features: Double Panes, Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: In-Law Suite/Apartment
  • Lower Bedrooms: 1
  • Main Bedrooms: 4
  • Total Bathrooms: 6
  • Total Full Baths: 3
  • Total Half Baths: 3
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Lower Half Bathrooms: 1
  • Main Half Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub, Whirlpool Tub

Exterior Features

  • Other Structures: Shed(s), Workshop
  • Construction Materials: Brick 4 Sides
  • Roof Type: Shingle
  • Fencing: Chain Link
  • Patio And Porch Features: Deck, Front Porch
  • Exterior Features: Garden, Private Yard, Rain Gutters, Storage
  • View: Trees/Woods, Water
  • Foundation: Concrete Perimeter

Garage/Parking

  • Carport or Garage: 6
  • Number of Garage Spaces: 6
  • Parking Features: Drive Under Main Level, Driveway, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Security: Carbon Monoxide Detector(s), Fire Alarm, Secured Garage/Parking, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Heat Pump, Natural Gas
  • Laundry Features: In Hall
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts, 220 Volts, 220 Volts in Garage

Schools

  • Elementary School: Matt
  • Middle School: Liberty - Forsyth
  • High School: North Forsyth

Lot Info

  • Acres: 6.9000
  • Lot Features: Back Yard, Cul-De-Sac, Lake On Lot, Landscaped, Level
  • Parcel Number: 121 035
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 5300.00
  • Assessor Parcel Number: 121-000-035
  • Close Date: 2022-05-16
  • Tax Year: 2021

Multi Family

  • Waterfront Features: Pond, Stream

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Matt
  • High School: North Forsyth
  • Middle School: Liberty - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2005
Sold by
Sanson J Veronique
Bought by
Heidmann Mark
Current Estimated Value
$964,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List 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
Heidmann Mark $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes Alexander R $704,000
Closed Heidmann Mark $400,000
Closed Heidmann Mark $75,000
Closed Heidmann Mark A $506,400
Closed Heidmann Mark $172,000
Previous Owner Sanson J Veronique $69,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $880,000 +3.5% $135 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $850,000 -- $131 / 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 $7,826 $421,536 $170,020 $251,516
2024 $7,826 $368,216 $126,100 $242,116
2023 $6,853 $330,912 $97,000 $233,912
2022 $1,445 $235,708 $70,676 $165,032
2021 $1,464 $235,708 $70,676 $165,032
2020 $1,458 $228,648 $70,676 $157,972
2019 $5,915 $227,392 $70,676 $156,716
2018 $5,643 $213,664 $70,676 $142,988
2017 $5,466 $204,276 $70,676 $133,600
2016 $5,038 $184,672 $51,072 $133,600
2015 $4,991 $182,672 $49,072 $133,600
2014 $4,473 $172,264 $49,072 $123,192
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7034840

First Multiple Listing Service (FMLS)

APN: 121-035