NOT LISTED FOR SALE

5555 Rialto Way Cumming, GA 30040

Estimated Value: $530,000 - $558,000

4 Beds
3 Baths
3,504 Sq Ft
$154/Sq Ft Est. Value

Last Sold November 07, 2016

Last sale price $270,000 $77 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,331/month

Highlights

  • Separate his and hers bathrooms
  • Clubhouse
  • Wood Flooring
  • Coal Mountain Elementary School Rated A
  • Traditional Architecture
  • Great Room

About This Home

As of November 2016

Extraordinary value on this fully upgraded Cumming home . Close to 400, Shopping. Large floor plan with hardwoods throughout and with bedroom on the main. Upgrades throughout the home including the floors, all faucets and fixtures, granite counter top, and a stainless steel refrigerator that dispenses sparkling water and Sodastream.
Smart home upgrades include outlets with USB ports, Nest thermostats and Kevo front door lock.Fantastic Schools.

Last Agent to Sell the Property

Chip Russell

NOT A VALID MEMBER License #350275 Listed on: 04/27/2016

NOT A VALID MEMBER

Last Buyer's Agent

Michael Neubauer

NOT A VALID MEMBER License #257328

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,547

Year Built

  • Built in 2014

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot
  • Garden

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 3,504 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 10 feet on the main level
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Laundry on upper level

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • Walk-In Closet
  • Separate his and hers bathrooms
  • Separate Shower in Primary Bathroom

Schools

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

Utilities

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

Additional Features

  • Accessible Entrance
  • Patio

Listing and Financial Details

  • Tax Lot 281
  • Assessor Parcel Number 217 665

Community Details

Overview

  • Bridgetowne Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,547

Year Built

Built in 2014

Lot Details

0

HOA Fees

$40 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
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Main, High Ceilings 10 ft Main, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Other, Kitchen Island, Pantry, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Family Room, Great Room - 1 Story
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3504.00

Beds/Baths

  • Total Bedrooms: 4
  • Main Bedrooms: 1
  • Total Full Baths: 3
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Separate His/Hers, Separate Tub/Shower

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Patio
  • Exterior Features: Garden

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Upper Floor

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Homeowners Assoc, Playground, Pool
  • Association Fee: 480
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Bridgetowne

Schools

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

Lot Info

  • Acres: 0.1300
  • Lot: 281
  • Lot Features: Level
  • Parcel Number: 217 665
  • Property Attached Yn: No

Tax Info

  • Taxes: 2547.00
  • Assessor Parcel Number: 217-000-665
  • Close Date: 2016-11-07
  • Tax Year: 2015

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
Apr 27, 2016
Closed on
Nov 7, 2016
Sold by
Frier Matt
Bought by
Sivareddygari Dharanidhar
Seller's Agent
Chip Russell
NOT A VALID MEMBER
Buyer's Agent
Michael Neubauer
NOT A VALID MEMBER
List Price
$289,000
Sold Price
$270,000
Premium/Discount to List
-$19,000
-6.57%
Current Estimated Value
$540,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,197
Avg. Annual Appreciation
8.10%
Original Mortgage
$256,500
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 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
Sivareddygari Dharanidhar $270,000 --
Wilson Parker Homes Of Bridge $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sivareddygari Dharanidhar $256,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2016 11/07/16 Sold $270,000 -4.9% $77 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
06/16/2016 06/16/16 Price Changed $284,000 -1.7% $81 / Sq Ft
04/28/2016 04/28/16 For Sale $289,000 +7.0% $82 / Sq Ft
04/27/2016 04/27/16 Off Market $270,000 -- --
04/27/2016 04/27/16 For Sale $289,000 -- $82 / 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 $5,124 $205,176 $54,000 $151,176
2024 $5,124 $208,968 $54,000 $154,968
2023 $4,649 $188,872 $40,000 $148,872
2022 $4,003 $126,020 $20,000 $106,020
2021 $3,480 $126,020 $20,000 $106,020
2020 $3,184 $115,316 $20,000 $95,316
2019 $3,144 $113,692 $20,000 $93,692
2018 $3,192 $115,428 $18,000 $97,428
2017 $2,933 $105,688 $18,000 $87,688
2016 $2,868 $103,328 $17,200 $86,128
2015 $2,547 $91,600 $15,200 $76,400
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: 5682150

First Multiple Listing Service (FMLS)

APN: 217-665