NOT LISTED FOR SALE

5805 Ridge Stone Way Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $338,000 - $346,000

3 Beds
2.5 Baths
1,360 Sq Ft
$251/Sq Ft Est. Value

Last Sold June 21, 2022

Last sale price $320,000 $235 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,018/month

40 Days on Market

Highlights

  • Traditional Architecture
  • Breakfast Area or Nook
  • Entrance Foyer
  • Chestatee Elementary School Rated A-
  • Double Pane Windows
  • Accessible Entrance

About This Home

As of June 2022

This N. Forsyth home has it all. Location very convenient to Ga. 400 very close to the N. Ga. Outlets and Lake Lanier. Phenomenal school systems. This move-in ready 2-story home features all the entertainment on the main level with a huge vaulted ceiling living room with fireplace and open kitchen that opens out into a nice large back yard. Three bedrooms and two baths are on the second floor. Hurry, this one won't last long!

Last Agent to Sell the Property

Michael Hickman

Keller Williams Community Partners License #265926 Listed on: 04/25/2022

Keller Williams Community Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,057

Year Built

  • Built in 2004

Lot Details

  • 4,356

HOA Fees

  • $9 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,360 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Laundry in Kitchen

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

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
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • 4,356 Sq Ft Lot

Community Details

  • $227 Initiation Fee
  • Association fees include maintenance exterior, ground maintenance
  • Mountain Ridge Subdivision

Listing and Financial Details

  • Tax Lot 190

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,057

Year Built

Built in 2004

Lot Details

0

HOA Fees

$9 per month

Listing Details

  • Property Type: Residential
  • Section: 1
  • Year Built: 2004
  • ArchitecturalStyle: Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .10
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1360
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Bedrooms: 3
  • Basement: None
  • Total Finished Sq Ft: 1360
  • Above Grade Finished Sq Ft: 1360
  • Interior Amenities: Split Bedroom Plan
  • Accessibility Features: Accessible Entrance
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Family Room
  • Flooring: Carpet, Laminate
  • Kitchen Features: Breakfast Area, Breakfast Bar
  • Window Features: Double Pane Windows

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • Lot Features: None
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 113
  • Association: Yes
  • Community Features: Sidewalks, Street Lights

Fee Information

  • Initiation Fee: 227
  • Association Fee Includes: Maintenance Exterior, Maintenance Grounds

Schools

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

Lot Info

  • Land Lot: 506/5
  • Lot: 190

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2057

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Jun 21, 2022
Sold by
Wendy Wright
Bought by
Mile High Borrower I Value Llc
Seller's Agent
Michael Hickman
Keller Williams Community Partners
List Price
$350,000
Sold Price
$320,000
Premium/Discount to List
-$30,000
-8.57%
Current Estimated Value
$334,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,343
Avg. Annual Appreciation
1.90%

Purchase Details

Listed on
Mar 20, 2018
Closed on
May 11, 2018
Sold by
Lemos Christian C
Bought by
Wright Wendy
Seller's Agent
Lorena Mellow
Keller Williams Rlty, First Atlanta
Buyer's Agent
Michael Hickman
Keller Williams Realty Community Partners
List Price
$184,900
Sold Price
$185,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.23%
Original Mortgage
$179,450
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2010
Sold by
Federal Natl Mtg Assn Fnma
Bought by
Lemos-Mendoza Christian C and Daza-Perez Liliana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,876
Interest Rate
4.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2010
Sold by
Chase Hm Fin Llc
Bought by
Federal Natl Mtg Assn Fnma

Purchase Details

Closed on
Jun 15, 2004
Sold by
Colony Homes Llc
Bought by
Estrada Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,050
Interest Rate
6.24%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mile High Borrower I Value Llc $320,000 None Listed On Document
Wright Wendy $185,000 --
Lemos-Mendoza Christian C -- --
Federal Natl Mtg Assn Fnma -- --
Chase Hm Fin Llc $129,416 --
Estrada Jaime $131,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Wendy $179,450
Previous Owner Lemos-Mendoza Christian C $124,876
Previous Owner Estrada Jaime $131,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2022 06/21/22 Sold $320,000 -3.0% $235 / Sq Ft
06/03/2022 06/03/22 Price Changed $330,000 -2.9% $243 / Sq Ft
06/03/2022 06/03/22 Price Changed $340,000 0.0% $250 / Sq Ft
06/01/2022 06/01/22 Price Changed $340,000 -2.9% $250 / Sq Ft
06/01/2022 06/01/22 Price Changed $350,000 -1.4% $257 / Sq Ft
05/26/2022 05/26/22 Price Changed $355,000 +1.4% $261 / Sq Ft
04/25/2022 04/25/22 For Sale $350,000 +89.2% $257 / Sq Ft
05/11/2018 05/11/18 Sold $185,000 +0.1% $136 / Sq Ft View Prior Sale
03/28/2018 03/28/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $184,900 -- $136 / Sq Ft
Source: Georgia MLS

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 $3,069 $136,928 $44,000 $92,928
2024 $3,069 $125,168 $40,000 $85,168
2023 $3,188 $129,528 $30,000 $99,528
2022 $2,331 $82,944 $16,000 $66,944
2021 $2,057 $82,944 $16,000 $66,944
2020 $1,939 $77,236 $16,000 $61,236
2019 $1,808 $70,732 $16,000 $54,732
2018 $1,575 $62,384 $16,000 $46,384
2017 $1,447 $56,032 $14,000 $42,032
2016 $1,363 $52,272 $14,000 $38,272
2015 $1,366 $52,272 $14,000 $38,272
2014 $1,158 $47,048 $12,000 $35,048
Source: Public Records

Agents Affiliated with this Home

  • Michael Hickman

    Seller's Agent in 2022

    Michael Hickman

    Keller Williams Community Partners

    (404) 444-3446

    3 in this area

    66 Total Sales

    Michael Hickman
    Section Image
  • Lorena Mellow

    Seller's Agent in 2018

    Lorena Mellow

    Keller Williams Rlty, First Atlanta

    (678) 276-5626

    2 in this area

    104 Total Sales

    Lorena Mellow
    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 10041342

Georgia MLS

APN: 249-265

Georgia Forsyth County Cumming 30041 Lake Lanier

5805 Ridge Stone Way, Cumming, GA

This home is located at 5805 Ridge Stone Way, Cumming, GA 30041 since 25 April 2022 and is currently estimated at $340,898, approximately $250 per square foot. This property was built in 2004. 5805 Ridge Stone Way is a home located in Forsyth County with nearby schools including Chestatee Elementary School and North Forsyth Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.

Nearby Homes