NOT LISTED FOR SALE

5740 Lake Oak Landing Cumming, GA 30040

Estimated Value: $766,426 - $859,000

6 Beds
5 Baths
3,525 Sq Ft
$232/Sq Ft Est. Value

Last Sold August 25, 2017

Last sale price $421,000 $119 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,049/month

Highlights

  • Fishing
  • Craftsman Architecture
  • Dining Room Seats More Than Twelve
  • Matt Elementary School Rated A
  • Community Lake
  • Clubhouse

About This Home

As of August 2017

Beautiful executive home in Lake Forest with guest bedroom on the main and a finished basement with bedroom, bath, game room, and bar. Huge, level fenced backyard! Open floor plan. Kitchen features granite counters and newer SS appliances. Two-story family room with bowed wall of windows. Spacious owner's suite with custom-built sauna. Front porch offers seasonal views of Sawnee Mountain! New carpet on second level. Walk to all of the fabulous amenities that Lake Forest offers.

Last Agent to Sell the Property

Tamara Stout

NOT A VALID MEMBER Listed on: 07/11/2017

NOT A VALID MEMBER

Last Buyer's Agent

Chasity Tillman

Pend Realty, LLC. License #357552

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,919

Year Built

  • Built in 2002

Lot Details

  • 0.67 Acre Lot
  • Fenced
  • Landscaped
  • Level Lot

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Ridge Vents on the Roof
  • Composition Roof

Interior Spaces

  • 3,525 Sq Ft Home
  • 3-Story Property
  • Bookcases
  • Ceiling height of 9 feet on the main level
  • Entrance Foyer
  • Family Room with Fireplace
  • Second Story Great Room
  • Living Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Game Room
  • Laundry Room

Kitchen

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

Bedrooms and Bathrooms

  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Finished Basement

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

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 147 080

Community Details

Overview

  • Lake Forest Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,919

Year Built

Built in 2002

Lot Details

0

HOA Fees

$79 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: 2002
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Double Oven, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Bookcases, Entrance Foyer, High Ceilings 9 ft Main, Low-Flow Fixtures, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Kitchen Island, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Game Room, Great Room - 2 Story, Living Room
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 3525.00

Beds/Baths

  • Total Bedrooms: 6
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Full Baths: 5
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Roof Type: Composition, Ridge Vents
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Heating: Electric, Zoned
  • Laundry Features: Laundry Room
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Fishing, Homeowners Assoc, Lake, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 950
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Lake Forest

Schools

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

Lot Info

  • Acres: 0.6700
  • Lot: 41
  • Land/Lot: 621-622
  • Deed Book: 6131
  • Deed Page: 80
  • Lot Features: Landscaped, Level
  • Lot Dimensions: .67
  • Parcel Number: 147 080
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Thermostat

Tax Info

  • Taxes: 3919.00
  • Assessor Parcel Number: 147-000-080
  • Close Date: 2017-08-25
  • 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 11, 2017
Closed on
Aug 25, 2017
Sold by
Rickles Debra Aronowitz
Bought by
Worsham Steven and Worsham Michelle A
Seller's Agent
Tamara Stout
NOT A VALID MEMBER
Buyer's Agent
Chasity Tillman
Pend Realty, LLC.
List Price
$429,900
Sold Price
$421,000
Premium/Discount to List
-$8,900
-2.07%
Current Estimated Value
$816,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,857
Avg. Annual Appreciation
8.49%
Original Mortgage
$399,950
Outstanding Balance
$334,166
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$482,691

Purchase Details

Closed on
Dec 5, 2008
Sold by
Collard Michael P and Collard Helena Z
Bought by
Rickles Debra A and Edwards Kerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2003
Sold by
Peachtree Resid Props Inc
Bought by
Collard Michael P and Collard Helena Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,300
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2002
Sold by
Carmel Holdings Co Llc
Bought by
Peachtree Residential Props Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,800
Interest Rate
6.92%
Mortgage Type
New Conventional
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
Worsham Steven $421,000 --
Rickles Debra A $375,000 --
Collard Michael P $340,500 --
Peachtree Residential Props Inc $66,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Worsham Steven $399,950
Previous Owner Rickles Debra A $288,000
Previous Owner Collard Michael P $272,300
Previous Owner Peachtree Residential Props Inc $243,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2017 08/25/17 Sold $421,000 -2.1% $119 / Sq Ft
07/21/2017 07/21/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $429,900 -- $122 / 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 $7,460 $306,148 $40,000 $266,148
2024 $7,460 $304,212 $40,000 $264,212
2023 $6,952 $282,460 $30,000 $252,460
2022 $6,405 $188,624 $24,000 $164,624
2021 $5,209 $188,624 $24,000 $164,624
2020 $4,962 $179,708 $24,000 $155,708
2019 $4,880 $176,468 $22,000 $154,468
2018 $4,615 $166,872 $22,000 $144,872
2017 $4,505 $162,336 $22,000 $140,336
2016 $3,919 $141,196 $22,000 $119,196
2015 $3,926 $141,196 $22,000 $119,196
2014 -- $130,860 $22,000 $108,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5876512

First Multiple Listing Service (FMLS)

APN: 147-080