NOT LISTED FOR SALE

5665 Rialto Way Cumming, GA 30040

Estimated Value: $536,000 - $586,000

5 Beds
4 Baths
2,885 Sq Ft
$195/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $326,000 $113 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,426/month

Highlights

  • Fitness Center
  • Newly Remodeled
  • Deck
  • Coal Mountain Elementary School Rated A
  • Clubhouse
  • Private Lot

About This Home

As of May 2017

Guest Room and Full Bathroom on Main Level. Kitchen open to Family Room. Oversized Kitchen Island with Sink. Formal Dining Room with Coffered Ceiling, Hardwoods on Main level, Gas Fireplace, Iron Railing on Stairs, 42” Tahoe Painted Silk Cabinets, Santa Cecelia Granite Countertops, Travertine Backsplash, Vent Hood to Outside, Upgraded 4x4 Owner’s Shower with Tile and Glass, Tiled Bathroom and Laundry Floors. Family Room Built-In Painted Silk Cabinets, Level backyard with room to play. Deck off of Kitchen with Deck Stairs. 6FT Privacy Fence included Belmont B Design.

Last Agent to Sell the Property

Jake Copeland

NOT A VALID MEMBER License #371385 Listed on: 01/31/2017

Last Buyer's Agent

Shyam Nagalla

NOT A VALID MEMBER License #339169

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,381

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • Cul-De-Sac
  • Private Lot

Parking

  • 2 Car Garage
  • Driveway Level

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,885 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • 1 Fireplace
  • Family Room
  • Formal Dining Room
  • Loft
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Energy-Efficient Thermostat
  • Property is near shops

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 1028
  • Assessor Parcel Number 217 784

Community Details

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Additional Features

  • Bridgetowne Subdivision
  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,381

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: New Construction
  • Year Built: 2017
  • Levels Stories: Two
  • Special Features: NewHome
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Interior Amenities: High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Low-Flow Fixtures
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Interior Entry, Unfinished
  • Kitchen Features: Eat-in Kitchen, Kitchen Island, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Loft
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2885.00

Beds/Baths

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

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Patio

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Near Shopping, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Master Association Fee: 450
  • Master Association Fee Frequency: Monthly
  • Home Warranty: Yes
  • Subdivision Complex: Bridgetowne

Schools

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

Lot Info

  • Lot: 1028
  • Land/Lot: 98
  • Section G M D: 1st
  • Lot Features: Cul-De-Sac, Private
  • Parcel Number: 217 784
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat

Tax Info

  • Assessor Parcel Number: 217-000-784
  • Close Date: 2017-05-26
  • Tax Year: 2017

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
Jan 31, 2017
Closed on
May 26, 2017
Sold by
Taylor Morrison Of Georgia
Bought by
Madaka Prashanth Kumar and Madaka Pushpasaikitha
Seller's Agent
Jake Copeland
NOT A VALID MEMBER
Buyer's Agent
Shyam Nagalla
NOT A VALID MEMBER
List Price
$337,320
Sold Price
$326,000
Premium/Discount to List
-$11,320
-3.36%
Current Estimated Value
$561,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,636
Avg. Annual Appreciation
6.72%
Original Mortgage
$309,700
Outstanding Balance
$257,676
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$303,960
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
Madaka Prashanth Kumar $326,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madaka Prashanth Kumar $309,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $326,000 -3.6% $113 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
04/21/2017 04/21/17 Price Changed $338,281 -1.1% $117 / Sq Ft
03/20/2017 03/20/17 Price Changed $342,050 -0.1% $119 / Sq Ft
03/16/2017 03/16/17 Price Changed $342,320 +1.2% $119 / Sq Ft
02/17/2017 02/17/17 Price Changed $338,320 +0.3% $117 / Sq Ft
01/31/2017 01/31/17 For Sale $337,320 -- $117 / 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 $5,381 $215,340 $54,000 $161,340
2024 $5,381 $219,428 $54,000 $165,428
2023 $3,815 $196,112 $40,000 $156,112
2022 $3,824 $131,236 $20,000 $111,236
2021 $3,460 $131,236 $20,000 $111,236
2020 $3,220 $119,876 $20,000 $99,876
2019 $3,206 $119,196 $20,000 $99,196
2018 $3,251 $120,716 $18,000 $102,716
2017 $500 $18,000 $18,000 $0
2016 $477 $17,200 $17,200 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jake Copeland

    NOT A VALID MEMBER

    Section Image

  • S

    Buyer's Agent in 2017

    Shyam Nagalla

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5799456

First Multiple Listing Service (FMLS)

APN: 217-784

Georgia Forsyth County Cumming 30040

5665 Rialto Way, Cumming, GA

This home is located at 5665 Rialto Way, Cumming, GA 30040 since 31 January 2017 and is currently estimated at $561,636, approximately $194 per square foot. This property was built in 2017. 5665 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.

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