NOT LISTED FOR SALE

5645 Rialto Way Cumming, GA 30040

Estimated Value: $542,000 - $578,000

5 Beds
4 Baths
2,885 Sq Ft
$193/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $416,000 $144 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,386/month

16 Days on Market

Highlights

  • Craftsman Architecture
  • Clubhouse
  • Private Lot
  • Coal Mountain Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of September 2021

THIS IS A MUST SEE! THIS SPECTACULAR HOME HAS 5 LARGE BEDROOMS and 4 FULL BATHROOMS. ONE GUEST BEDROOM WITH FULLBATH MAINLEVEL. Huge open Kitchen offers stainless steel appliances, granite counters, walk in pantry, upgraded ivory cabinet, tile backsplash and a gorgeous breakfast bar/island w/room for bar stools. Fire place and 9 foot ceilings in both floors. Upstairs offers huge master bedroom with separate walk in closet, master bath with separate shower and tub, 3 additional bed rooms with 2 full bathrooms and loft for study/office table.Upstairs laundry, 2 car garage with opener. Private, level backyard. Wonderful neighborhood amenities w/ pool, clubhouse, tennis courts and playground. Located near shopping, restaurants, easy access to GA 400, Lake Lanier, & outlets. Top ranked Forsyth County Schools.

Last Agent to Sell the Property

Murali Sunkara

Virtual Properties Realty.com License #405621 Listed on: 06/23/2021

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,045

Year Built

  • Built in 2016

Lot Details

  • 6,098 Sq Ft Lot
  • Cul-De-Sac
  • Private Lot

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Concrete Siding
  • Stone Siding
  • Brick Front
  • Stone

Interior Spaces

  • 2-Story Property
  • High Ceiling
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Formal Dining Room
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1026 / 1026

Community Details

Overview

  • Association fees include maintenance exterior
  • Bridgetowne Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,045

Year Built

Built in 2016

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Residential
  • District: 14
  • Section: 1
  • Year Built: 2016
  • ArchitecturalStyle: Brick Front, Craftsman, Traditional
  • Financing Type: Conventional 90%
  • Levels: Two
  • Lot Size Acres: .14
  • Property Sub-Type: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Disposal, Microwave
  • Bedrooms: 5
  • Dining Room Features: Separate Room
  • Basement: None
  • Interior Amenities: High Ceilings, Walk-In Closet(s)
  • Full Bathrooms: 4
  • Fireplace Features: Factory Built, Gas Log
  • Flooring: Carpet, Hardwood, Tile
  • Kitchen Features: Breakfast Area, Breakfast Bar, Kitchen Island, Walk-in Pantry
  • Window Features: Double Pane Windows

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Bedroom Main Level: 1

Exterior Features

  • Construction Materials: Concrete, Stone
  • Foundation Details: Slab
  • Lot Features: Cul-De-Sac, Private
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Central Air
  • Heating: Natural Gas, Central
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 455
  • Association: Yes
  • Community Features: Clubhouse, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s), Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: Maintenance Exterior

Schools

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

Lot Info

  • Land Lot: 98
  • Lot: 1026
  • Deed Book: 8197
  • Deed Page: 316
  • Plat Book: 158
  • Plat Page: 139

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3045

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Sep 10, 2021
Sold by
Atluri Vasavi and Kondapaneni Jagadeesh
Bought by
Kotary Sri Charan and Thota Sindhura
Seller's Agent
Murali Sunkara
Virtual Properties Realty.com
List Price
$409,900
Sold Price
$416,000
Premium/Discount to List
$6,100
1.49%
Current Estimated Value
$555,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,635
Avg. Annual Appreciation
7.39%
Original Mortgage
$395,200
Outstanding Balance
$359,603
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$196,032

Purchase Details

Listed on
Jan 31, 2017
Closed on
May 18, 2017
Sold by
Taylor Morrison Of Georgia
Bought by
Atluri Vasavi and Kondapaneni Jagadeesh
Seller's Agent
Jake Copeland
NOT A VALID MEMBER
Buyer's Agent
Jake Copeland
NOT A VALID MEMBER
List Price
$297,594
Sold Price
$280,000
Premium/Discount to List
-$17,594
-5.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%
Original Mortgage
$274,928
Interest Rate
3.97%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kotary Sri Charan -- None Listed On Document
Kotary Sri Charan -- None Listed On Document
Kotary Sri Charan $416,000 --
Atluri Vasavi $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kotary Sri Charan $395,200
Closed Kotary Sri Charan $395,200
Previous Owner Atluri Vasavi $274,928
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $416,000 +1.5% $144 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $409,900 0.0% $142 / Sq Ft
04/22/2019 04/22/19 Rented $1,900 0.0% --
04/22/2019 04/22/19 Under Contract -- -- --
04/04/2019 04/04/19 For Rent $1,900 0.0% --
05/18/2017 05/18/17 Sold $280,000 -4.9% $97 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
03/16/2017 03/16/17 Price Changed $294,404 +1.4% $102 / Sq Ft
03/05/2017 03/05/17 Price Changed $290,404 +0.3% $101 / Sq Ft
02/07/2017 02/07/17 Price Changed $289,404 -2.8% $100 / Sq Ft
01/31/2017 01/31/17 For Sale $297,594 -- $103 / Sq Ft
Source: Georgia MLS

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 $4,835 $203,184 $54,000 $149,184
2024 $4,835 $206,948 $54,000 $152,948
2023 $4,584 $186,220 $40,000 $146,220
2022 $3,944 $123,108 $20,000 $103,108
2021 $3,240 $123,108 $20,000 $103,108
2020 $3,045 $113,640 $20,000 $93,640
2019 $3,008 $112,040 $20,000 $92,040
2018 $3,010 $112,000 $18,000 $94,000
2017 $500 $18,000 $18,000 $0
2016 $477 $17,200 $17,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Murali Sunkara

    Seller's Agent in 2021

    Murali Sunkara

    Virtual Properties Realty.com

    (470) 380-5086

    468 Total Sales

    Murali Sunkara
    Section Image

  • P

    Seller's Agent in 2019

    Pamela Prescott

    NOT A VALID MEMBER

    Section Image

  • N

    Buyer's Agent in 2019

    NON-MLS NMLS

    Non FMLS Member

  • J

    Seller's Agent in 2017

    Jake Copeland

    NOT A VALID MEMBER

    Section Image
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Map

Source: Georgia MLS

MLS Number: 9012078

Georgia MLS

APN: 217-782

Georgia Forsyth County Cumming 30040

5645 Rialto Way, Cumming, GA

This home is located at 5645 Rialto Way, Cumming, GA 30040 since 23 June 2021 and is currently estimated at $555,635, approximately $192 per square foot. This property was built in 2016. 5645 Rialto Way is a home located in Forsyth County with nearby schools including Coal Mountain Elementary School, North Forsyth Middle School, and North Forsyth High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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