NOT LISTED FOR SALE

5690 Rialto Way Cumming, GA 30040

Estimated Value: $471,461 - $502,000

4 Beds
2.5 Baths
2,264 Sq Ft
$214/Sq Ft Est. Value

Last Sold April 16, 2019

Last sale price $260,000 $115 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,985/month

Highlights

  • Fitness Center
  • Separate his and hers bathrooms
  • Clubhouse
  • Coal Mountain Elementary School Rated A
  • Craftsman Architecture
  • Wood Flooring

About This Home

As of April 2019

ONLY 2 YEARS OLD!! Suitable for Owner Occupied or Investor, No HOA Rental Restriction.
Gorgeous Open Plan. Foyer with Hardwoods and Trim. Formal Dining Room.
Arched Openings in Dining Room.
Family Room with Gas Fireplace Open to Kitchen. Brick Font. Covered Back Patio. Nice, Flat Backyard.
Minutes from the Best Outlet Shopping in GA and 1/2 mile from 400 Easy Access for Commuters.
Fantastic Amenities - Clubhouse, Playground, Pool, Tennis Courts, Fitness with Low Annual HOA Fee: $455/year.
Great Forsyth Schools. Low Forsyth Property Tax.
Agent Related to Seller.

Last Agent to Sell the Property

Lian Colburn

Virtual Properties Realty.com License #373317 Listed on: 03/15/2019

Virtual Properties Realty.com

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,589

Year Built

  • Built in 2016

Lot Details

  • 6,534 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Back Yard

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway Level

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 2,264 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Covered Patio or Porch

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 1009 / UNKNO
  • Assessor Parcel Number 217 765

Community Details

Overview

  • $500 Initiation Fee
  • Bridgetowne Subdivision

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,589

Year Built

Built in 2016

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Traditional
  • Property Condition: Resale
  • Year Built: 2016
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Microwave
  • Interior Amenities: Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2264.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Roommate Floor Plan, Split Bedroom Plan
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Composition, Shingle
  • Patio And Porch Features: Covered, Patio

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 220 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Reserve Fund, Swim/Tennis
  • Community Features: Clubhouse, Fitness Center, Homeowners Assoc, Near Schools, Near Shopping, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 455
  • Association Fee Frequency: Annually
  • Master Association Fee: 455
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Management Company Email: mlazar@cmacommunities.com
  • Subdivision Complex: Bridgetowne

Schools

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

Lot Info

  • Acres: 0.1500
  • Lot: 1009
  • Land/Lot: 98
  • Section G M D: 1
  • Plat Book: 158
  • Plat Page: 139
  • Lot Features: Back Yard, Landscaped, Level
  • Lot Dimensions: x
  • Parcel Number: 217 765
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 500

Tax Info

  • Taxes: 2589.00
  • Assessor Parcel Number: 217-000-765
  • Close Date: 2019-04-16
  • Tax Year: 2018

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Coal Mountain
  • High School: North Forsyth
  • Middle School: North Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2019
Closed on
Apr 16, 2019
Sold by
Mmc 318 Llc
Bought by
Liu Zhibiao and C/O Zheng Tina
Seller's Agent
Lian Colburn
Virtual Properties Realty.com
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$268,000
Sold Price
$260,000
Premium/Discount to List
-$8,000
-2.99%
Current Estimated Value
$484,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,365
Avg. Annual Appreciation
10.11%

Purchase Details

Closed on
Sep 21, 2018
Sold by
Equity 318 Llc
Bought by
Mmc 318 Llc

Purchase Details

Closed on
Dec 22, 2016
Bought by
Equity 318 Llc
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
Liu Zhibiao $260,000 --
Mmc 318 Llc -- --
Equity 318 Llc $243,893 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2019 04/16/19 Sold $260,000 -3.0% $115 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $268,000 -- $118 / 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 $4,542 $181,992 $54,000 $127,992
2024 $4,542 $185,240 $54,000 $131,240
2023 $4,037 $164,000 $40,000 $124,000
2022 $3,453 $107,444 $20,000 $87,444
2021 $2,967 $107,444 $20,000 $87,444
2020 $2,745 $99,416 $20,000 $79,416
2019 $2,683 $96,656 $20,000 $76,656
2018 $2,589 $93,616 $18,000 $75,616
2017 $2,353 $84,796 $18,000 $66,796
2016 $477 $17,200 $17,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Lian Colburn

    Seller's Agent in 2019

    Lian Colburn

    Virtual Properties Realty.com

    23 Total Sales

    Lian Colburn
    Section Image

  • N

    Buyer's Agent in 2019

    NON-MLS NMLS

    Non FMLS Member

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6519733

First Multiple Listing Service (FMLS)

APN: 217-765

Georgia Forsyth County Cumming 30040

5690 Rialto Way, Cumming, GA

This home is located at 5690 Rialto Way, Cumming, GA 30040 since 15 March 2019 and is currently estimated at $484,365, approximately $213 per square foot. This property was built in 2016. 5690 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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