NOT LISTED FOR SALE

5540 Glenn Ivey Dr Cumming, GA 30028

Estimated Value: $424,000 - $443,000

4 Beds
2.5 Baths
1,956 Sq Ft
$221/Sq Ft Est. Value

Last Sold May 19, 2014

Last sale price $183,000 $94 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $2,550/month

88 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Community Pool
  • Silver City Elementary School Rated A
  • Stone Countertops
  • Formal Dining Room

About This Home

As of May 2014

Great location with easy access to GA400 for commuting into Atlanta as well as weekend get-aways to the North GA Mountains. Excellent, award-winning schools and parks with many programs for all ages. Cumming is expanding north so enjoy the country-lifestyle with all the conveniences of the city. The house has pretty hardwood flooring, a spacious kitchen with all the necessities for the family chef, formal rooms for special occasions, a fire-side family room with rear stairs, master suite and bath perfect for two, large bedrooms and a great backyard ready for play.

Last Agent to Sell the Property

Tina Hecht

Keller Williams Realty Atlanta Partners License #272638 Listed on: 12/16/2013

Keller Williams Realty Atlanta Partners

Last Buyer's Agent

Gay Pinson

NOT A VALID MEMBER License #49223

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,483

Year Built

  • Built in 2009

Lot Details

  • 9,148

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Driveway Level

Home Design

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

Interior Spaces

  • 1,956 Sq Ft Home
  • 2-Story Property
  • Rear Stairs
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Two Story Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Schools

  • Silver City Elementary School
  • North Forsyth Middle School
  • North Forsyth High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities

Additional Features

  • Energy-Efficient Thermostat
  • Patio
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 5540GlennIveyDR

Community Details

Overview

  • Community Club Management Association, Phone Number (770) 751-8333
  • Glenn Ivey Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,483

Year Built

Built in 2009

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: 2009
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Interior Amenities: Disappearing Attic Stairs, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main
  • Kitchen Features: Cabinets Stain, Stone Counters, Eat-in Kitchen, Kitchen Island, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1956.00

Beds/Baths

  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower

Exterior Features

  • Construction Materials: Cement Siding, Stone
  • Roof Type: Composition
  • Patio And Porch Features: Patio
  • Exterior Features: Rear Stairs

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Kitchen Level, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Upper Floor
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Pool
  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Management Phone: 770-751-8333
  • Subdivision Complex: Glenn Ivey

Association/Amenities

  • Management Company: Community Club Management

Lot Info

  • Plat Book: 5502
  • Plat Page: 487
  • Lot Features: Level
  • Lot Dimensions: .21
  • Parcel Number: 5540GlennIveyDR
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat

Tax Info

  • Taxes: 1483.00
  • Tax Year: 2012

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Silver City
  • High School: North Forsyth
  • Middle School: North Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2013
Closed on
May 19, 2014
Sold by
Magar Melinda K
Bought by
Tomes Phillip Jessie
Seller's Agent
Tina Hecht
Keller Williams Realty Atlanta Partners
Buyer's Agent
Gay Pinson
NOT A VALID MEMBER
List Price
$185,000
Sold Price
$183,000
Premium/Discount to List
-$2,000
-1.08%
Current Estimated Value
$432,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,754
Avg. Annual Appreciation
7.71%
Original Mortgage
$186,734
Outstanding Balance
$142,260
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$290,494

Purchase Details

Closed on
Aug 3, 2009
Sold by
Gwinnett Community Bank
Bought by
Magar Melinda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,400
Interest Rate
5.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tomes Phillip Jessie $183,000 --
Magar Melinda K $166,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tomes Phillip Jessie $186,734
Previous Owner Magar Melinda K $167,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2014 05/19/14 Sold $183,000 -1.1% $94 / Sq Ft
04/19/2014 04/19/14 Pending -- -- --
12/16/2013 12/16/13 For Sale $185,000 -- $95 / 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 $2,854 $163,832 $52,000 $111,832
2024 $2,854 $144,168 $48,000 $96,168
2023 $2,448 $141,460 $36,000 $105,460
2022 $2,431 $92,380 $18,000 $74,380
2021 $2,255 $92,380 $18,000 $74,380
2020 $2,260 $92,628 $18,000 $74,628
2019 $2,178 $88,476 $18,000 $70,476
2018 $2,077 $83,088 $18,000 $65,088
2017 $1,945 $76,460 $18,000 $58,460
2016 $1,827 $70,900 $15,200 $55,700
2015 $1,714 $65,380 $15,200 $50,180
2014 $1,666 $62,912 $12,000 $50,912
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5230380

First Multiple Listing Service (FMLS)

APN: 234-190