NOT LISTED FOR SALE

5715 Lake Oak Landing Cumming, GA 30040

Estimated Value: $677,467 - $763,000

5 Beds
4 Baths
3,095 Sq Ft
$232/Sq Ft Est. Value

Last Sold May 10, 2018

Last sale price $388,000 $125 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,321/month

Highlights

  • Boat Dock
  • Craftsman Architecture
  • Clubhouse
  • Matt Elementary School Rated A
  • Community Lake
  • Deck

About This Home

As of May 2018

It's all about lifestyle in LAKE FOREST! Great value in this beautiful North Forsyth Home! This meticulously maintained home has new exterior & interior paint, 1 Year old carpet & is anxiously awaiting a new owner to love it as much as this family has! 5BR-4BA, 2 Story foyer, Great rm and a large, unfinished basement stubbed for bath & waiting for your vision. Lake Forest boasts fabulous swim/tennis amenities and a private lake for the outdoor enjoyment of it's residents. Award Winning Schools and easy access to GA 400!

Last Agent to Sell the Property

Julie Tressler

BHGRE Metro Brokers License #279532 Listed on: 12/13/2017

BHGRE Metro Brokers

Last Buyer's Agent

JAMES PHELPS

NOT A VALID MEMBER License #326429

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,535

Year Built

  • Built in 2003

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 134x231x109x206
  • Property has an invisible fence for dogs
  • Landscaped
  • Private Lot
  • Sloped Lot

HOA Fees

  • $82 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 3,095 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry in Mud Room
  • Laundry Room

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • Deck

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 1
  • Assessor Parcel Number 147 040

Community Details

Overview

  • Finst Residential Association
  • Secondary HOA Phone (678) 624-9453
  • Built by Peachtree Residential Properties
  • Lake Forest Subdivision
  • Rental Restrictions
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground
  • Swim or tennis dues are required
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,535

Year Built

Built in 2003

Lot Details

0

HOA Fees

$82 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: 2003
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Double Oven, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Main, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Full, Unfinished
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Laminate Counters, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3095.00
  • 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

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Composition
  • Fencing: Invisible
  • Patio And Porch Features: Deck

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage, Garage Door Opener, Garage Faces Side, Kitchen Level

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm, Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Mud Room

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Community Dock, Homeowners Assoc, Lake, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 980
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Home Warranty: Yes
  • Management Phone: 678-624-9453
  • Subdivision Complex: LAKE FOREST

Association/Amenities

  • Management Company: Finst Residential

Schools

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

Lot Info

  • Acres: 0.5900
  • Lot: 1
  • Land/Lot: 603 & 622
  • Section G M D: 1
  • Deed Book: 451
  • Deed Page: 3451
  • Plat Book: 72
  • Plat Page: 159-1
  • Lot Features: Landscaped, Private, Sloped
  • Lot Dimensions: 134X231X109X206
  • Parcel Number: 147 040
  • Property Attached Yn: No

Green Features

  • Efficiency: Windows

Tax Info

  • Taxes: 3535.00
  • Assessor Parcel Number: 147-000-040
  • Close Date: 2018-05-10
  • Tax Year: 2016

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
Dec 13, 2017
Closed on
May 10, 2018
Sold by
Finch William A
Bought by
James Phelps and Phelps Theresa
Seller's Agent
Julie Tressler
BHGRE Metro Brokers
Buyer's Agent
JAMES PHELPS
NOT A VALID MEMBER
List Price
$409,900
Sold Price
$388,000
Premium/Discount to List
-$21,900
-5.34%
Current Estimated Value
$718,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,367
Avg. Annual Appreciation
8.66%
Original Mortgage
$355,311
Outstanding Balance
$306,636
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$411,731

Purchase Details

Closed on
Jul 30, 2004
Sold by
Peachtree Residential Properties
Bought by
Finch William A and Finch Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,480
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2001
Sold by
Pathway Forsyth Ltd Partnership
Bought by
Peachtree Residential Prop Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,875
Interest Rate
6.42%
Mortgage Type
New Conventional
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
James Phelps $388,000 --
Finch William A $324,400 --
Peachtree Residential Prop Inc $937,500 --
Carmel Holdings Co Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Phelps $355,311
Previous Owner Finch William A $259,480
Previous Owner Carmel Holdings Co Llc $421,875
Previous Owner Carmel Holdings Co Llc $1,275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2018 05/10/18 Sold $388,000 -5.3% $125 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
12/13/2017 12/13/17 For Sale $409,900 -- $132 / 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 $4,994 $250,460 $40,000 $210,460
2024 $4,994 $239,160 $40,000 $199,160
2023 $4,492 $230,052 $30,000 $200,052
2022 $4,737 $152,936 $24,000 $128,936
2021 $3,987 $152,936 $24,000 $128,936
2020 $3,870 $147,280 $24,000 $123,280
2019 $3,814 $144,268 $22,000 $122,268
2018 $3,562 $131,972 $22,000 $109,972
2017 $3,535 $130,512 $22,000 $108,512
2016 $3,535 $130,512 $22,000 $108,512
2015 $3,541 $130,512 $22,000 $108,512
2014 $3,120 $121,140 $22,000 $99,140
Source: Public Records

Agents Affiliated with this Home

  • Julie Tressler

    Seller's Agent in 2018

    Julie Tressler

    Better Homes and Gardens Real Estate

    (678) 358-8084

    59 Total Sales

    Julie Tressler
    Section Image

  • J

    Buyer's Agent in 2018

    JAMES PHELPS

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5942318

First Multiple Listing Service (FMLS)

APN: 147-040

Georgia Forsyth County Cumming 30040

5715 Lake Oak Landing, Cumming, GA

This home is located at 5715 Lake Oak Landing, Cumming, GA 30040 since 13 December 2017 and is currently estimated at $718,367, approximately $232 per square foot. This property was built in 2003. 5715 Lake Oak Landing is a home located in Forsyth County with nearby schools including Matt Elementary School, Liberty Middle School, and North Forsyth High School.

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