NOT LISTED FOR SALE

5685 Rialto Way Cumming, GA 30040

Estimated Value: $564,000 - $604,515

5 Beds
4 Baths
2,885 Sq Ft
$202/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $323,000 $112 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,650/month

Highlights

  • Fitness Center
  • Dining Room Seats More Than Twelve
  • Traditional Architecture
  • Coal Mountain Elementary School Rated A
  • Deck
  • Loft

About This Home

As of February 2017

If you love our Model Home but need a basement with a private backyard...you are in luck! BELMONT D on a Basement. 1/2 mile to Ga400. Guest Room on Main. Full Brick Front. Professionally Designed with Stainless Steel Appliances, Iron Rails, Gas fireplace, Tiled Bathrooms, Hardwood Floors, Granite and Upgraded Cabinets. Private backyard and in low traffic area of the neighborhood.

Last Agent to Sell the Property

Kathryn Campbell

NOT A VALID MEMBER License #286483 Listed on: 07/06/2016

NOT A VALID MEMBER

Last Buyer's Agent

Shyam Nagalla

NOT A VALID MEMBER License #339169

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,202

Year Built

  • Built in 2016

Lot Details

  • 6,970

HOA Fees

  • $40 per month

Parking

  • 2 Car Garage

Home Design

  • Home to be built
  • Traditional Architecture
  • Tar and Gravel Roof

Interior Spaces

  • 2,885 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Loft

Kitchen

  • Eat-In Kitchen
  • Dishwasher

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

Eco-Friendly Details

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

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Air Source Heat Pump
  • Underground Utilities

Additional Features

  • Cul-De-Sac
  • Property is near shops

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 1030
  • Assessor Parcel Number 217 786

Community Details

Overview

  • Gw & Associates Association
  • Bridgetowne Subdivision

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,202

Year Built

Built in 2016

Lot Details

0

HOA Fees

$40 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: To Be Built
  • Year Built: 2016
  • Levels Stories: Two
  • Special Features: NewHome
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Factory Built, Family Room, Gas Log
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher
  • Interior Amenities: High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Low-Flow Fixtures
  • Basement: Bath/Stubbed, Exterior Entry, Interior Entry, Unfinished
  • Kitchen Features: Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Loft
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 2885.00
  • Window Features: Insulated Windows

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

  • Roof Type: Tar/Gravel
  • Patio And Porch Features: Deck, Patio

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Heat Pump, Zoned
  • Heating: Electric, Heat Pump, Zoned
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Community Features: Fitness Center, Near Shopping, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee Frequency: Annually
  • Master Association Fee: 480
  • Master Association Fee Frequency: Annually
  • Home Warranty: Yes
  • Subdivision Complex: BRIDGETOWNE

Association/Amenities

  • Management Company: GW & Associates

Schools

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

Lot Info

  • Lot: 1030
  • Land/Lot: 98
  • Section G M D: 1ST
  • Lot Features: Cul-De-Sac
  • Parcel Number: 217 786
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Thermostat, Windows

Tax Info

  • Assessor Parcel Number: 217-000-786
  • Close Date: 2017-02-17
  • Tax Year: 2016

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
Jul 6, 2016
Closed on
Feb 17, 2017
Sold by
Mugalapalli Anil Kishore
Bought by
Mugalapalli Anil Kishore and Masani Supriya
Seller's Agent
Kathryn Campbell
NOT A VALID MEMBER
Buyer's Agent
Shyam Nagalla
NOT A VALID MEMBER
List Price
$312,598
Sold Price
$323,000
Premium/Discount to List
$10,402
3.33%
Current Estimated Value
$583,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,379
Avg. Annual Appreciation
7.10%
Original Mortgage
$304,385
Interest Rate
3.87%
Mortgage Type
FHA
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
Mugalapalli Anil Kishore -- --
Mugalapalli Anil Kishore $323,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mugalapalli Anil Kishore $304,385
Closed Mugalapalli Anil Kishore $304,385
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2017 02/17/17 Sold $323,000 -1.8% $112 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
09/21/2016 09/21/16 Price Changed $329,000 -2.9% $114 / Sq Ft
09/13/2016 09/13/16 Price Changed $339,000 +9.7% $118 / Sq Ft
08/30/2016 08/30/16 Price Changed $309,000 -7.8% $107 / Sq Ft
08/27/2016 08/27/16 Price Changed $335,000 +4.8% $116 / Sq Ft
08/21/2016 08/21/16 Price Changed $319,598 +1.3% $111 / Sq Ft
07/30/2016 07/30/16 Price Changed $315,598 +1.0% $109 / Sq Ft
07/06/2016 07/06/16 For Sale $312,598 -- $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 $6,202 $248,412 $54,000 $194,412
2024 $6,202 $252,928 $54,000 $198,928
2023 $5,661 $229,996 $40,000 $189,996
2022 $4,412 $137,908 $20,000 $117,908
2021 $3,808 $137,908 $20,000 $117,908
2020 $3,524 $127,616 $20,000 $107,616
2019 $3,482 $125,896 $20,000 $105,896
2018 $3,557 $128,616 $18,000 $110,616
2017 $2,649 $95,460 $18,000 $77,460
2016 $477 $17,200 $17,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5716724

First Multiple Listing Service (FMLS)

APN: 217-786