NOT LISTED FOR SALE

5535 Pilgrim Point Extension Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $408,000 - $492,000

3 Beds
2.5 Baths
2,466 Sq Ft
$179/Sq Ft Est. Value

Last Sold April 10, 2020

Last sale price $255,000 $103 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,636/month

Highlights

  • Fishing
  • Lake View
  • Deck
  • Chattahoochee Elementary School Rated A
  • Community Lake
  • Traditional Architecture

About This Home

As of April 2020

Have you been looking for a meticulously maintained home? This remarkable property is it and it’s move in ready. All you need to do is bring your furniture and hang the family photos. The home sits on a large private lot in a Lake Lanier community surrounded by higher priced homes. This 3-bedroom, 2.5 bath house has fresh interior paint, hardwood floors on the main floor, tiled kitchen with granite countertops, stained cabinets, and new carpet upstairs. The finished basement is perfect for a home gym or theater room. The large yard is serviced by an irrigation system and there’s an outbuilding to store the lawn equipment. The neighborhood provides a courtesy dock for boating to load and unload passengers and coolers for a day on the lake.

Last Agent to Sell the Property

TONY SCHLICH

Maximum One Premier Realtors License #278468 Listed on: 02/18/2020

Maximum One Premier Realtors

Last Buyer's Agent

David Diaz

Atlanta Communities License #349040

Atlanta Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $550

Year Built

  • Built in 1996

Lot Details

  • 0.61 Acre Lot
  • Property fronts a state road
  • Corner Lot
  • Level Lot
  • Irrigation Equipment
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,466 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Formal Dining Room
  • Lake Views
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub

Finished Basement

  • Interior and Exterior Basement Entry
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Courtesy Dock
  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 221 673

Community Details

Overview

  • Pilgrim Bay HOA
  • Pilgrim Bay Subdivision
  • Community Lake

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$550

Year Built

Built in 1996

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: 1996
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Factory Built, Gas Starter, Great Room
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Interior Entry
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Great Room - 2 Story
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2466.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Whirlpool Tub

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security System Owned, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Heating: Central, Natural Gas, Zoned
  • Laundry Features: Upper Floor
  • Electric: None

Condo/Co-op/Association

  • Community Features: Fishing, Lake, Street Lights
  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 630-901-3719
  • Management Company Email: gcutkosky@yahoo.com
  • Subdivision Complex: Pilgrim Bay

Association/Amenities

  • Management Company: Pilgrim Bay HOA

Schools

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

Lot Info

  • Acres: 0.6100
  • Lot: 24
  • Land/Lot: 33
  • Section G M D: 1
  • Plat Book: 44
  • Plat Page: 177
  • Lot Features: Back Yard, Corner Lot, Front Yard, Level
  • Lot Dimensions: X
  • Parcel Number: 221 673
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 550.00
  • Assessor Parcel Number: 221 673
  • Close Date: 2020-04-10
  • 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

Listed on
Feb 18, 2020
Closed on
Apr 10, 2020
Sold by
Moan Smith Paula E
Bought by
Hernandez Roberto Morejon and Garcia Juana H
Seller's Agent
TONY SCHLICH
Maximum One Premier Realtors
Buyer's Agent
David Diaz
Atlanta Communities
List Price
$255,000
Sold Price
$255,000
Current Estimated Value
$440,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,969
Avg. Annual Appreciation
10.37%
Original Mortgage
$242,250
Outstanding Balance
$214,196
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$226,773

Purchase Details

Closed on
Jul 30, 2004
Sold by
Bell Claude R and Bell Linda
Bought by
Moan and Moan Paula E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 1996
Sold by
Craig Codring Ton J
Bought by
Bell Claude Robert
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hernandez Roberto Morejon $255,000 --
Moan $185,000 --
Bell Claude Robert $124,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Roberto Morejon $242,250
Previous Owner Moan $110,000
Closed Bell Claude Robert $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2020 04/10/20 Sold $255,000 0.0% $103 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $255,000 -- $103 / 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 $3,461 $179,176 $50,000 $129,176
2024 $3,461 $164,524 $46,000 $118,524
2023 $2,882 $152,188 $40,000 $112,188
2022 $3,148 $99,352 $24,000 $75,352
2021 $2,645 $99,352 $24,000 $75,352
2020 $527 $98,160 $22,000 $76,160
2019 $550 $118,584 $22,000 $96,584
2018 $541 $96,764 $22,000 $74,764
2017 $521 $75,528 $18,000 $57,528
2016 $518 $73,528 $16,000 $57,528
2015 $506 $69,528 $12,000 $57,528
2014 $441 $64,756 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6682394

First Multiple Listing Service (FMLS)

APN: 221-673