NOT LISTED FOR SALE

5655 Cherokee Trace Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $1,080,000 - $1,497,000

4 Beds
4 Baths
3,138 Sq Ft
$408/Sq Ft Est. Value

Last Sold May 13, 2013

Last sale price $542,000 $173 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $7,603/month

Highlights

  • 100 Feet of Waterfront
  • Covered dock with two slips
  • Fishing
  • Chattahoochee Elementary School Rated A
  • Deep Water Access
  • Lake View

About This Home

As of May 2013

Fabulous year round deep water views! Always has deep water. Perfect South Lake location. 3 year old double slip dock with party deck. 2 year old roof! UPDATED KITCHEN with granite counters, new stainless stove, and 3 year old dishwasher. Newer appliances! Wonderful neighborhood w/ neighborhood watch and many year round residents. Central Gas. Perfect lake house!

Last Agent to Sell the Property

Margaret Player

Mark Spain Real Estate License #207121 Listed on: 04/06/2013

Mark Spain Real Estate

Last Buyer's Agent

KIM SCHAUERMAN

RE/MAX Center License #273615

RE/MAX Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,891

Year Built

  • Built in 1978

Lot Details

  • 100 Feet of Waterfront
  • Lake Front
  • Property borders a national or state park

Home Design

  • 2-Story Property
  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,138 Sq Ft Home
  • Wet Bar
  • Beamed Ceilings
  • Ceiling Fan
  • 2 Fireplaces
  • Fireplace With Glass Doors
  • Fireplace Features Blower Fan
  • Fireplace With Gas Starter
  • Insulated Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Game Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Dual Closets
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Parking

  • Attached Garage
  • 2 Carport Spaces
  • Parking Accessed On Kitchen Level

Outdoor Features

  • Deep Water Access
  • Party Deck
  • Covered dock with two slips
  • Deck

Schools

  • Chattahoochee - Forsyth Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

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

Additional Features

  • Accessible Entrance
  • Energy-Efficient Windows

Listing and Financial Details

  • Assessor Parcel Number 5655CherokeeTRCE

Community Details

Overview

  • Williams Shores Subdivision
  • Community Lake

Recreation

  • Fishing
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,891

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Traditional
  • Property Condition: Resale
  • Year Built: 1978
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Basement, Blower Fan, Gas Starter, Glass Doors
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Disposal, Electric Range, Gas Water Heater, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Beamed Ceilings, Entrance Foyer, High Speed Internet, His and Hers Closets, Walk-In Closet(s), Wet Bar
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets White, Stone Counters, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Game Room, Great Room - 1 Story
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3138.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 2
  • Main Bedrooms: 2
  • Total Full Baths: 4
  • Lower Full Bathrooms: 2
  • Main Full Bathrooms: 2

Exterior Features

  • Waterfront Frontage: 100
  • Construction Materials: Frame
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Deck
  • View: Lake

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Fishing, Lake, Park
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Williams Shores

Schools

  • Elementary School: Chattahoochee - Forsyth
  • Middle School: Otwell
  • High School: Forsyth Central

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Borders US/State Park
  • Parcel Number: 5655CherokeeTRCE
  • Property Attached Yn: No

Tax Info

  • Taxes: 4891.00
  • Assessor Parcel Number: 245-000-081
  • Close Date: 2013-05-13
  • Tax Year: 2011

Multi Family

  • Waterfront Features: Lake, Lake Front

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: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2013
Closed on
May 13, 2013
Sold by
Player Charles
Bought by
Bertasi Catherine and Bertasi Ronald
Seller's Agent
Margaret Player
Mark Spain Real Estate
Buyer's Agent
KIM SCHAUERMAN
RE/MAX Center
List Price
$574,000
Sold Price
$542,000
Premium/Discount to List
-$32,000
-5.57%
Current Estimated Value
$1,280,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$738,239
Avg. Annual Appreciation
7.17%

Purchase Details

Closed on
May 1, 2008
Sold by
Rocco Joyce L
Bought by
Player Charles and Player Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2007
Sold by
Rocco Dan H
Bought by
Rocco Joyce L
Source: Public Records

Range of Values:

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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
Bertasi Catherine $542,000 --
Player Charles $530,000 --
Rocco Joyce L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Player Charles $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2013 05/13/13 Sold $542,000 -5.6% $173 / Sq Ft
04/13/2013 04/13/13 Pending -- -- --
04/06/2013 04/06/13 For Sale $574,000 -- $183 / 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 $9,795 $508,020 $240,000 $268,020
2024 $9,795 $460,956 $240,000 $220,956
2023 $8,586 $408,984 $192,000 $216,984
2022 $9,077 $320,028 $168,000 $152,028
2021 $8,373 $320,028 $168,000 $152,028
2020 $8,256 $314,372 $168,000 $146,372
2019 $8,253 $313,600 $168,000 $145,600
2018 $7,115 $305,944 $168,000 $137,944
2017 $7,304 $266,340 $129,600 $136,740
2016 $6,384 $230,020 $124,800 $105,220
2015 $6,106 $219,620 $114,400 $105,220
2014 $5,627 $212,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margaret Player

    Seller's Agent in 2013

    Margaret Player

    Mark Spain

    (678) 773-6104

    31 Total Sales

    Margaret Player
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5131370

First Multiple Listing Service (FMLS)

APN: 245-081

Georgia Forsyth County Cumming 30041 Lake Lanier

5655 Cherokee Trace, Cumming, GA

This home is located at 5655 Cherokee Trace, Cumming, GA 30041 since 06 April 2013 and is currently estimated at $1,280,239, approximately $407 per square foot. This property was built in 1978. 5655 Cherokee Trace is a home located in Forsyth County with nearby schools including Chattahoochee Elementary School and Little Mill Middle School.

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