NOT LISTED FOR SALE

5820 Falls Landing Dr Cumming, GA 30040

Estimated Value: $514,000 - $561,000

3 Beds
3 Baths
2,490 Sq Ft
$214/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $495,000 $199 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,953/month

About This Home

As of July 2024

From the moment you enter this beautiful & spacious Craftsman style traditional home, take a minute to appreciate the soaring ceilings in the grand two-story foyer and family room. The double pane windows throughout provide plenty of natural daylight that together with the new gas burning fireplace create a warm and inviting atmosphere year-round. Two new HVAC systems! Beautiful hardwood floors span the main and upper levels. ADT security sensons in all windows & doors. The spacious Chef's kitchen with granite countertops opens to the breakfast area/keeping room and includes all stainless-steel appliances, gas range, new microwave oven, brand new refrigerator, granite countertops and island with plenty cabinetry space. The main level master suite features an expansive master bath with separate jacuzzi tub & shower and spacious walk-in closet. Upstairs you will find two large secondary bedrooms, a full bath, laundry room with new washer & drier and a sprawling bonus/office/study room. The completely private and fenced-in backyard with beautifully manicured grounds is the perfect setting to entertain guests for an evening barbecue or to enjoy a peaceful morning coffee. Do not miss the incredible opportunity to move into a lovely turnkey home in an excellent school district, located inside a vibrant community that offers numerous amenities such as swim/tennis, newly renovated playground and direct access to the Big Creek Greenway, and is just a few minutes' drive from the best shopping and dining in the Cumming area. This one is surely to impress even the most distinct taste. Welcome home!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Jul 19, 2024
Sold by
Pessaud Dorothea E
Bought by
Kovalchuk Mariana and Hnativ Liliia
Seller's Agent
Patricia Mallmann
Keller Williams Chattahoochee
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$495,000
Sold Price
$495,000
Views
12
Current Estimated Value
$531,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,618
Avg. Annual Appreciation
5.88%
Original Mortgage
$396,000
Outstanding Balance
$391,270
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$140,348

Purchase Details

Listed on
Aug 19, 2020
Closed on
Sep 14, 2020
Sold by
Opendoor Property Trust I
Bought by
Pessaud Dorothea E
Seller's Agent
Kim Klir
Mainstay Brokerage LLC
Buyer's Agent
Patricia Mallmann
Keller Williams Realty Chattahoochee North, LLC
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.40%
Original Mortgage
$244,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2020
Closed on
Aug 10, 2020
Sold by
Abkemeier Mark R
Bought by
Opendoor Property Trust I
Seller's Agent
Kim Klir
Mainstay Brokerage LLC
Buyer's Agent
Patricia Mallmann
Keller Williams Realty Chattahoochee North, LLC
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2017
Closed on
Jun 27, 2017
Sold by
Maffit Larry W
Bought by
Abkemeier Mark R and Abkemeir Marlene A
Seller's Agent
Kristina Murphy
EXP Realty, LLC.
Buyer's Agent
Michael Pillow
Coldwell Banker Realty
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$170,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2009
Sold by
Leonhardt David M and Leonhardt Diane
Bought by
Maffit Larry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2007
Sold by
Leonhardt Diane
Bought by
Leonhardt David M and Leonhardt Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,500
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2007
Sold by
Piedmont Investments Llc
Bought by
Beazer Hm Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,500
Interest Rate
6.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kovalchuk Mariana $495,000 None Listed On Document
Pessaud Dorothea E $305,000 --
Opendoor Property Trust I $291,500 --
Abkemeier Mark R $270,000 --
Maffit Larry W $190,000 --
Leonhardt David M -- --
Beazer Hm Corp $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kovalchuk Mariana $396,000
Previous Owner Pessaud Dorothea E $244,000
Previous Owner Abkemeier Mark R $170,000
Previous Owner Maffit Larry W $152,000
Previous Owner Leonhardt David M $46,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2024 07/19/24 Sold $495,000 0.0% $199 / Sq Ft View Prior Sale
06/17/2024 06/17/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $495,000 +62.3% $199 / Sq Ft
09/14/2020 09/14/20 Sold $305,000 -6.2% $122 / Sq Ft View Prior Sale
08/22/2020 08/22/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $325,000 +20.4% $131 / Sq Ft
06/27/2017 06/27/17 Sold $270,000 -1.8% $130 / Sq Ft View Prior Sale
06/05/2017 06/05/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $275,000 -- $133 / Sq Ft

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 $887 $204,320 $66,000 $138,320
2024 $887 $203,532 $66,000 $137,532
2023 $791 $200,180 $62,000 $138,180
2022 $884 $120,684 $32,000 $88,684
2021 $842 $120,684 $32,000 $88,684
2020 $2,882 $112,816 $28,000 $84,816
2019 $2,869 $111,988 $28,000 $83,988
2018 $2,769 $106,760 $28,000 $78,760
2017 $616 $92,284 $28,000 $64,284
2016 $610 $88,284 $24,000 $64,284
2015 $2,171 $81,244 $20,000 $61,244
2014 $1,851 $73,216 $20,000 $53,216
Source: Public Records

Agents Affiliated with this Home

  • Patricia Mallmann

    Seller's Agent in 2024

    Patricia Mallmann

    Keller Williams Chattahoochee

    (404) 216-1384

    27 Total Sales

    Patricia Mallmann
    Section Image
  • Glenda Broker

    Buyer's Agent in 2024

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

    Glenda Broker
    Section Image
  • Kim Klir

    Seller's Agent in 2020

    Kim Klir

    Mainstay Brokerage LLC

    (407) 634-1744

    6,065 Total Sales

    Kim Klir
    Section Image
  • Kristina Murphy

    Seller's Agent in 2017

    Kristina Murphy

    EXP Realty, LLC.

    (770) 364-5556

    38 Total Sales

    Kristina Murphy
    Section Image
  • Michael Pillow

    Buyer's Agent in 2017

    Michael Pillow

    Coldwell Banker Realty

    (404) 991-4752

    33 Total Sales

    Michael Pillow
    Section Image
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Map

Georgia Forsyth County Cumming 30040

5820 Falls Landing Dr, Cumming, GA

This home is located at 5820 Falls Landing Dr, Cumming, GA 30040 and is currently estimated at $531,618, approximately $213 per square foot. 5820 Falls Landing Dr is a home located in Forsyth County with nearby schools including Vickery Creek Middle School, West Forsyth High School, and Milton Montessori 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.

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