NOT LISTED FOR SALE

5620 Lake Oak Landing Cumming, GA 30040

Estimated Value: $802,730 - $856,000

5 Beds
4.5 Baths
3,976 Sq Ft
$208/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $415,000 $104 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $5,058/month

Highlights

  • Lake Front
  • Fishing
  • Dining Room Seats More Than Twelve
  • Matt Elementary School Rated A
  • Community Lake
  • Clubhouse

About This Home

As of May 2017

Large executive home in sought aftee Lake Forest with views of Sawnee Mountain! Open floor plan with loads of upgrades including coffered ceilings in office and two story family room, hardwoods on main; bookcases in office & master bedroom sitting area;granite in master bath and kitchen; large secondary bedrooms; upgraded trim package. extremely clean basement w/half bath; fenced backyard. Lake Forest has award winning amenities and is minutes to GA 400.

Last Agent to Sell the Property

Tamara Stout

NOT A VALID MEMBER Listed on: 03/14/2017

NOT A VALID MEMBER

Co-Listed By

Lynda Lewis

Century 21 Results License #313946

Last Buyer's Agent

Tasha White

HomeSmart License #253759

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,054

Year Built

  • Built in 2002

Lot Details

  • 0.59 Acre Lot
  • Lake Front
  • Fenced
  • Level Lot

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 3,976 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Gas Log Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Security System Leased

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Deck

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number 147 124

Community Details

Overview

  • $1,000 Initiation Fee
  • Lake Forest Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,054

Year Built

Built in 2002

Lot Details

0

HOA Fees

$80 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: 2002
  • 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 Log
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Double Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Bookcases, High Ceilings 9 ft Main, Low-Flow Fixtures, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Full, Interior Entry, Unfinished
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Office
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 3976.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Main Bedrooms: 1
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Lower Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Brick 3 Sides
  • Roof Type: Composition, Ridge Vents
  • Fencing: Fenced
  • Patio And Porch Features: Deck

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security System Leased
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Zoned
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Fishing, Homeowners Assoc, Lake, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 960
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Lake Forest

Schools

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

Lot Info

  • Acres: 0.5900
  • Lot: 94
  • Land/Lot: 603
  • Deed Book: 4978
  • Deed Page: 414
  • Lot Features: Level
  • Lot Dimensions: .59
  • Parcel Number: 147 124
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Thermostat, Windows

Rental Info

  • Initiation Fee: 1000

Tax Info

  • Taxes: 1054.00
  • Assessor Parcel Number: 147-000-124
  • Close Date: 2017-05-05
  • Tax Year: 2016

Multi Family

  • Waterfront Features: Lake

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2017
Closed on
May 5, 2017
Sold by
Tan Le
Bought by
Guven Ibrahim
Seller's Agent
Tamara Stout
NOT A VALID MEMBER
Buyer's Agent
Tasha White
HomeSmart
List Price
$429,900
Sold Price
$415,000
Premium/Discount to List
-$14,900
-3.47%
Current Estimated Value
$827,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,933
Avg. Annual Appreciation
8.57%
Original Mortgage
$394,250
Outstanding Balance
$327,868
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$500,065

Purchase Details

Closed on
Dec 10, 2007
Sold by
Peachtree Ppp Llc
Bought by
Le Nhung and Le Tan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2005
Sold by
Peachtree Residential Props In
Bought by
Peachtree Ppp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,923,500
Interest Rate
6.29%

Purchase Details

Closed on
Dec 27, 2002
Sold by
Peachtree Resid Props Inc
Bought by
Peachtree Ppp Llc
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
Guven Ibrahim $415,000 --
Le Nhung $420,000 --
Peachtree Ppp Llc $587,000 --
Peachtree Ppp Llc $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guven Ibrahim $394,250
Previous Owner Le Nhung $336,000
Previous Owner Peachtree Ppp Llc $3,923,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2017 05/05/17 Sold $415,000 -3.5% $104 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
03/14/2017 03/14/17 For Sale $429,900 -- $108 / 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 $7,061 $289,784 $40,000 $249,784
2024 $7,061 $287,936 $40,000 $247,936
2023 $6,621 $268,992 $30,000 $238,992
2022 $6,119 $182,888 $24,000 $158,888
2021 $5,050 $182,888 $24,000 $158,888
2020 $4,812 $174,248 $24,000 $150,248
2019 $4,730 $171,048 $22,000 $149,048
2018 $4,476 $161,848 $22,000 $139,848
2017 $1,057 $159,624 $22,000 $137,624
2016 $1,054 $157,520 $22,000 $135,520
2015 $1,054 $157,520 $22,000 $135,520
2014 -- $145,808 $22,000 $123,808
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Tamara Stout

    NOT A VALID MEMBER

    Section Image

  • L

    Seller Co-Listing Agent in 2017

    Lynda Lewis

    Century 21 Results

    (678) 462-4763

    37 Total Sales

    Section Image
  • Tasha White

    Buyer's Agent in 2017

    Tasha White

    HomeSmart

    (404) 840-4563

    9 Total Sales

    Tasha White
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5817747

First Multiple Listing Service (FMLS)

APN: 147-124

Georgia Forsyth County Cumming 30040

5620 Lake Oak Landing, Cumming, GA

This home is located at 5620 Lake Oak Landing, Cumming, GA 30040 since 14 March 2017 and is currently estimated at $827,933, approximately $208 per square foot. This property was built in 2002. 5620 Lake Oak Landing is a home located in Forsyth County with nearby schools including Matt Elementary School, Liberty Middle School, and North Forsyth High School.

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