NOT LISTED FOR SALE

5785 Cherokee Trace Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $966,000 - $1,488,000

4 Beds
3 Baths
3,308 Sq Ft
$374/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $720,000 $218 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,756/month

Highlights

  • 100 Feet of Waterfront
  • Marina
  • Deep Water Access
  • Chattahoochee Elementary School Rated A
  • Covered dock with one slips
  • Fishing

About This Home

As of November 2016

SPECTACULAR MILLION "$" VIEWS FROM MOST ROOMS, SITED AT WATER'S EDGE ULTIMATE DEEP WATER COVERED DOCK, PRIME SOUTH LAKE LANIER SUNDOWN S/D. PRESTINE QUALITY UPDATED LUXURIOUS UPGRADES, GRANITE, STAINLESS STEEL APPLIANCES, HARDWOOD & TILE FLOORS, FRAMELESS SHOWERS, 2 FIREPLACES, WET BAR, EXPANSIVE DECK, PATIO, CRAFT WORKSHOP, 4-CAR PARKING GARAGE, CARPORT, WORKSHOP, OPEN FLOOR PLAN NEAR GA. 400, SHOPPING, RESTAURANTS, PARKS, ENJOY BOATING, FISHING, SWIMMING & RELAXING.

Last Agent to Sell the Property

Barbara Hall

Harry Norman Realtors License #129421 Listed on: 04/18/2016

Harry Norman Realtors

Last Buyer's Agent

Jeff Fountain

NOT A VALID MEMBER

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $984

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 78 x 193 x 100 x 74
  • 100 Feet of Waterfront
  • Lake Front
  • Landscaped
  • Garden

Parking

  • 2 Car Detached Garage
  • 2 Carport Spaces
  • Parking Accessed On Kitchen Level

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 3,308 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Office
  • Workshop
  • Sun or Florida Room
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry on main level
  • Laundry Chute

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

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

Outdoor Features

  • Deep Water Access
  • Boat Hoist or Davit
  • Covered dock with one slips
  • Deck
  • Patio
  • Outbuilding

Schools

  • Chattahoochee - Forsyth Elementary School
  • Little Mill Middle School
  • Forsyth Central High School

Utilities

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

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 245 070

Community Details

Overview

  • Sundown Lake Lanier Subdivision
  • Community Lake

Recreation

  • Marina
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$984

Year Built

Built in 1975 | 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: Updated/Remodeled
  • Year Built: 1975
  • 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: 2
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Bookcases, Cathedral Ceiling(s), Disappearing Attic Stairs, Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Pantry, Stone Counters, View to Family Room, Wine Rack
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Family Room, Great Room - 1 Story, Living Room, Office, Sun Room, Workshop
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 3308.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Sitting Room
  • Total Full Baths: 3
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Other Structures: Outbuilding
  • Waterfront Frontage: 100
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Patio
  • Exterior Features: Garden
  • View: Lake

Garage/Parking

  • Carport or Garage: 2
  • Number of Carport Spaces: 2
  • Number of Garage Spaces: 2
  • Parking Features: Carport, Detached, Garage, 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 Chute, Main Level
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Fishing, Lake, Marina
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Sundown Lake Lanier

Schools

  • Elementary School: Chattahoochee - Forsyth
  • Middle School: Little Mill
  • High School: Forsyth Central

Lot Info

  • Acres: 0.3800
  • Lot: 10
  • Land/Lot: 285-286
  • Section G M D: 1
  • Deed Book: 2887
  • Deed Page: 532
  • Plat Book: 2887
  • Plat Page: 532
  • Lot Features: Landscaped
  • Lot Dimensions: 78 X 193 X 100 X 74
  • Parcel Number: 245 070
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Insulation, Thermostat, Windows

Tax Info

  • Taxes: 984.00
  • Assessor Parcel Number: 245-000-070
  • Close Date: 2016-11-18
  • Tax Year: 2015

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Chattahoochee - Forsyth
  • High School: Forsyth Central
  • Middle School: Little Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2016
Closed on
Nov 18, 2016
Sold by
Timothy A
Bought by
Leigh Michael A and Leigh Lori A
Seller's Agent
Barbara Hall
Harry Norman Realtors
Buyer's Agent
Jeff Fountain
NOT A VALID MEMBER
List Price
$800,000
Sold Price
$720,000
Premium/Discount to List
-$80,000
-10%
Current Estimated Value
$1,236,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,891
Avg. Annual Appreciation
6.27%
Original Mortgage
$417,000
Outstanding Balance
$335,830
Interest Rate
3.52%
Estimated Equity
$901,061
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
Leigh Michael A $720,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leigh Michael A $417,000
Closed Leigh Michael A $230,928
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2016 11/18/16 Sold $720,000 -4.0% $218 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
07/22/2016 07/22/16 Price Changed $749,900 -2.6% $227 / Sq Ft
06/30/2016 06/30/16 Price Changed $769,900 -1.3% $233 / Sq Ft
05/13/2016 05/13/16 Price Changed $779,900 -2.5% $236 / Sq Ft
04/18/2016 04/18/16 For Sale $800,000 -- $242 / 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 $2,370 $484,420 $180,000 $304,420
2024 $2,370 $412,364 $180,000 $232,364
2023 $2,299 $427,596 $160,000 $267,596
2022 $8,702 $294,592 $140,000 $154,592
2021 $8,045 $294,592 $140,000 $154,592
2020 $7,870 $288,272 $140,000 $148,272
2019 $8,271 $299,076 $140,000 $159,076
2018 $7,742 $279,960 $140,000 $139,960
2017 $7,628 $274,856 $144,000 $130,856
2016 $991 $171,772 $83,200 $88,572
2015 $984 $166,972 $78,400 $88,572
2014 $906 $160,636 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Barbara Hall

    Harry Norman Realties

    (770) 355-4918

    1 in this area

    14 Total Sales

    Barbara Hall
    Section Image

  • J

    Buyer's Agent in 2016

    Jeff Fountain

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5677887

First Multiple Listing Service (FMLS)

APN: 245-070

Georgia Forsyth County Cumming 30041 Lake Lanier

5785 Cherokee Trace, Cumming, GA

This home is located at 5785 Cherokee Trace, Cumming, GA 30041 since 18 April 2016 and is currently estimated at $1,236,891, approximately $373 per square foot. This property was built in 1975. 5785 Cherokee Trace is a home located in Forsyth County with nearby schools including Chattahoochee Elementary School and Little Mill Middle School.

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