NOT LISTED FOR SALE

5655 Rialto Way Cumming, GA 30040

Estimated Value: $515,000 - $574,000

5 Beds
3 Baths
2,997 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $291,656 $97 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,479/month

About This Home

As of August 2017

For Rent 5 bed/ 3 full bath in sought after Forsyth school district!! Guest Room and Full Bathroom on Main Level. Formal Dining Room. Fireplace in Family Room, Iron Stair Rails in Foyer, Upgraded Owner’s 4x4 Shower, Chef's Kitchen Shines with Stainless Steel Appliances, 42” Tahoe Painted Silk Kitchen Cabinets, Santa Cecelia Granite Countertops, and HUGE Island!! Deck off the Kitchen with Deck Stairs. Hardwood Floors in the Kitchen, Breakfast Area, and Foyer. Tile Floors in Owner’s Bathroom. Private Backyard That Backs up to Woods!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2017
Closed on
Aug 18, 2017
Sold by
Taylor Morrison Of Georgia
Bought by
Alam Syed
Seller's Agent
Jawaid Naeem
ARB Realty, LLC.
Sold Price
$1,850
Current Estimated Value
$543,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$541,827
Avg. Annual Appreciation
8.54%
Original Mortgage
$218,742
Outstanding Balance
$185,115
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$365,325

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Alam Syed $291,656 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alam Syed $218,742
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Rented $2,395 0.0% --
10/31/2023 10/31/23 For Rent $2,395 +26.4% --
08/13/2020 08/13/20 Rented $1,895 0.0% --
08/02/2020 08/02/20 Price Changed $1,895 -2.8% $1 / Sq Ft
07/27/2020 07/27/20 Price Changed $1,950 -2.5% $1 / Sq Ft
07/23/2020 07/23/20 Price Changed $2,000 -2.4% $1 / Sq Ft
07/11/2020 07/11/20 For Rent $2,050 +10.8% --
08/25/2017 08/25/17 Rented $1,850 0.0% --
08/21/2017 08/21/17 For Rent $1,850 0.0% --
08/18/2017 08/18/17 Sold $291,656 -2.5% $101 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
06/01/2017 06/01/17 Price Changed $299,000 -0.2% $104 / Sq Ft
06/01/2017 06/01/17 Price Changed $299,566 -3.5% $104 / Sq Ft
04/27/2017 04/27/17 Price Changed $310,566 -1.3% $108 / Sq Ft
03/16/2017 03/16/17 Price Changed $314,566 +2.8% $109 / Sq Ft
02/17/2017 02/17/17 Price Changed $306,023 +0.3% $106 / Sq Ft
02/06/2017 02/06/17 Price Changed $305,023 -4.9% $106 / Sq Ft
01/31/2017 01/31/17 For Sale $320,591 -- $111 / Sq Ft

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
2024 $5,414 $220,792 $54,000 $166,792
2023 $4,897 $198,952 $40,000 $158,952
2022 $4,228 $132,092 $20,000 $112,092
2021 $3,648 $132,092 $20,000 $112,092
2020 $3,363 $121,784 $20,000 $101,784
2019 $3,319 $120,024 $20,000 $100,024
2018 $3,226 $116,640 $18,000 $98,640
2017 $500 $18,000 $18,000 $0
2016 $477 $17,200 $17,200 $0
Source: Public Records

Agents Affiliated with this Home

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