NOT LISTED FOR SALE

5810 Settlers Path Ln Cumming, GA 30028

Estimated Value: $579,000 - $603,909

5 Beds
4 Baths
2,717 Sq Ft
$217/Sq Ft Est. Value

Last Sold January 19, 2021

Last sale price $365,535 $135 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,545/month

Highlights

  • New Construction
  • Separate his and hers bathrooms
  • Home Energy Rating Service (HERS) Rated Property
  • Silver City Elementary School Rated A
  • Craftsman Architecture
  • Community Lake

About This Home

As of January 2021

Taylor Morrison's Beautiful new community The Reserve at Settlers' Lake is full of new plans designed for today's consumer. This Chelsea plan catches your eye as soon as you walk through the door. Spacious open floor plan with gourmet kitchen and over-sized kitchen island. Take advantage of the bedroom on the main floor. This great home has four bedrooms upstairs and one on the main with four full bathrooms and plenty of closet space.

Last Agent to Sell the Property

Lisa Romancheck

Sugar Hill Realty License #360537 Listed on: 10/08/2020

Co-Listed By

JoAnne Bacon

The Providence Group Realty, LLC. License #388596

Last Buyer's Agent

Sekhar Putta

Maximum One Executive Realtors License #357271

Maximum One Executive Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,548

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 82x121
  • Landscaped
  • Private Lot
  • Wooded Lot

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Farmhouse Style Home
  • Shingle Roof
  • Cement Siding

Interior Spaces

  • 2,717 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Silver City Elementary School
  • North Forsyth Middle School
  • North Forsyth High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Home Energy Rating Service (HERS) Rated Property
  • Deck

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 03 / 4
  • Assessor Parcel Number 233 628

Community Details

Overview

  • $500 Initiation Fee
  • The Reserve At Settlers' Lake Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,548

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Farmhouse, Traditional
  • Property Condition: New Construction
  • Year Built: 2020
  • Levels Stories: Two
  • Special Features: NewHome

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave
  • Interior Amenities: Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Breakfast Room, Kitchen Island, Pantry Walk-In, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Square Footage: 2717.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 5
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Shower Only

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Shingle
  • Patio And Porch Features: Deck

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Zoned
  • Heating: Forced Air
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Underground Utilities, Water Available
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Homeowners Assoc, Lake, Playground, Pool, Street Lights, Tennis Court(s)
  • Association Fee: 550
  • Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: The Reserve at Settlers' Lake

Schools

  • Elementary School: Silver City
  • Middle School: North Forsyth
  • High School: North Forsyth

Lot Info

  • Acres: 0.1800
  • Lot: 03
  • Land/Lot: 230
  • Section G M D: 1
  • Deed Book: 5563
  • Deed Page: 220
  • Plat Book: 1
  • Plat Page: 107
  • Lot Features: Landscaped, Private, Wooded
  • Lot Dimensions: 82x121
  • Parcel Number: 233 628
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Building Certifications: HERS Index Score
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 500

Tax Info

  • Assessor Parcel Number: 233-000-628
  • Close Date: 2021-01-19

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Silver City
  • High School: North Forsyth
  • Middle School: North Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Jan 19, 2021
Sold by
Taylor Morrison Of Georgia Llc
Bought by
Gujjula Nitin and Sudula Sravya
Seller's Agent
Lisa Romancheck
Sugar Hill Realty
Buyer's Agent
Sekhar Putta
Maximum One Executive Realtors
List Price
$356,605
Sold Price
$365,535
Premium/Discount to List
$8,930
2.5%
Current Estimated Value
$590,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,192
Avg. Annual Appreciation
10.80%
Original Mortgage
$310,705
Outstanding Balance
$277,409
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$313,318
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
Gujjula Nitin $365,535 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gujjula Nitin $310,705
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2021 01/19/21 Sold $365,535 0.0% $135 / Sq Ft
11/29/2020 11/29/20 Pending -- -- --
11/12/2020 11/12/20 Price Changed $365,535 +0.8% $135 / Sq Ft
11/04/2020 11/04/20 Price Changed $362,535 +1.3% $133 / Sq Ft
10/29/2020 10/29/20 Price Changed $357,735 -0.4% $132 / Sq Ft
10/14/2020 10/14/20 Price Changed $359,185 +0.7% $132 / Sq Ft
10/08/2020 10/08/20 For Sale $356,605 -- $131 / 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 $4,548 $217,616 $54,000 $163,616
2024 $4,548 $214,544 $54,000 $160,544
2023 $3,700 $186,356 $36,000 $150,356
2022 $3,637 $128,924 $28,000 $100,924
2021 $3,560 $128,924 $28,000 $100,924
2020 $773 $28,000 $28,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6793403

First Multiple Listing Service (FMLS)

APN: 233-628