NOT LISTED FOR SALE

5820 Ridge Stone Way Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $334,000 - $343,000

3 Beds
2.5 Baths
1,374 Sq Ft
$245/Sq Ft Est. Value

Last Sold July 10, 2019

Last sale price $181,000 $132 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,023/month

Highlights

  • Sitting Area In Primary Bedroom
  • City View
  • Clubhouse
  • Chestatee Elementary School Rated A-
  • ENERGY STAR Certified Homes
  • Traditional Architecture

About This Home

As of August 2020

Location! Location! Location! Incredible value in Forsyth County! This 3 bed, 2.5 bath home has everything you could ask for at an incredible value. It boasts a spacious family room with fireplace, Open floor plan,upstairs master suite with walk in closet, large secondary bedrooms. Conveniently located right off of GA 400 and in the highly rated Forsyth County school district. You won't find a better value than this!!

Last Agent to Rent the Property

KIRAN CHAWLA

Singh Realty, LLC License #368741 Listed on: 08/26/2020

Co-Listed By

Josh Singh

Singh Realty, LLC License #364876

Last Renter's Agent

Maria Marquez

Virtual Properties Realty. Biz License #390351

Virtual Properties Realty. Biz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,970

Year Built

  • Built in 2004

Lot Details

  • Fenced
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 1,374 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Family Room with Fireplace
  • Great Room
  • City Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Dual Closets
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Hall
  • Laundry on upper level

Location

  • Property is near schools
  • Property is near shops

Schools

  • Chestatee Elementary School
  • North Forsyth Middle School
  • North Forsyth High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • ENERGY STAR Certified Homes
  • Covered Patio or Porch

Listing and Financial Details

  • Security Deposit $1,500
  • $50 Move-In Fee
  • 12 Month Lease Term
  • Assessor Parcel Number 249 252

Community Details

Overview

  • Property has a Home Owners Association
  • Mountain Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,970

Year Built

Built in 2004

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Cable TV, Electricity, Trash Collection, Gas, Pest Control, Security, Telephone, Water
  • Credit Report Required: Yes
  • Deposit: 1500
  • Lease Term: 12 Months
  • Move In Fee: Yes
  • Move In Fee Dollar: 50.00
  • Move Out Fee: Yes
  • Move Out Fee: 50.00
  • Pets Allowed: Call
  • Reservation Deposit: 1500.00

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2004
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Carpet, Vinyl
  • Fireplace Features: Family Room, Factory Built
  • Number Of Fireplaces: 1
  • Appliances: Double Oven, Dishwasher, Disposal, Electric Water Heater, Electric Oven, Refrigerator, Gas Cooktop, Microwave
  • Interior Amenities: High Ceilings 9 ft Main, His and Hers Closets, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Other, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Other
  • Dining Room Features: Great Room
  • Square Footage: 1374.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Roommate Floor Plan, Sitting Room
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick Front, Vinyl Siding
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Covered, Patio
  • View: City

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Hall, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Clubhouse, Homeowners Assoc, Pool, Near Schools, Near Shopping
  • Management: Professionally Managed
  • Subdivision Complex: Mountain Ridge

Schools

  • Elementary School: Chestatee
  • Middle School: North Forsyth
  • High School: North Forsyth

Lot Info

  • Lot Features: Level
  • Parcel Number: 249 252
  • Property Attached Yn: No

Green Features

  • Green Building Certifications: ENERGY STAR Certified Homes

Tax Info

  • Assessor Parcel Number: 249-000-252
  • Close Date: 2020-08-28

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2021
Sold by
Paladagu Ramya and Janapala Srikanth
Bought by
Mountain Ridge Stone Llc
Current Estimated Value
$338,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Outstanding Balance
$170,611
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$166,592

Purchase Details

Listed on
Aug 2, 2019
Closed on
Jul 10, 2019
Sold by
Paladagu Ramya
Bought by
Mountain Ridge Stone Llc
Seller's Agent
Josh Singh
Singh Realty, LLC
Buyer's Agent
Josh Singh
Singh Realty, LLC
Sold Price
$1,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%
Original Mortgage
$144,800
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2004
Sold by
Colony Homes Llc
Bought by
Gulisano Dennis and Gulisano Constance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.24%
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
Mountain Ridge Stone Llc -- None Listed On Document
Mountain Ridge Stone Llc -- --
Paladagu Ramya $181,000 --
Gulisano Dennis $128,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mountain Ridge Stone Llc $187,500
Previous Owner Paladagu Ramya $144,800
Previous Owner Gulisano Dennis $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2020 08/28/20 Rented $1,499 0.0% --
08/26/2020 08/26/20 For Rent $1,499 -0.1% --
09/03/2019 09/03/19 Rented $1,500 +1.7% --
08/21/2019 08/21/19 Price Changed $1,475 -1.7% $1 / Sq Ft
08/02/2019 08/02/19 For Rent $1,500 0.0% --
07/10/2019 07/10/19 Sold $181,000 -2.6% $132 / Sq Ft View Prior Sale
05/25/2019 05/25/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $185,900 -- $135 / 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 $2,970 $132,804 $44,000 $88,804
2024 $2,970 $121,128 $40,000 $81,128
2023 $3,072 $124,808 $30,000 $94,808
2022 $2,598 $79,784 $16,000 $63,784
2021 $2,203 $79,784 $16,000 $63,784
2020 $1,999 $72,400 $17,000 $55,400
2019 $1,689 $68,052 $16,000 $52,052
2018 $1,578 $62,384 $16,000 $46,384
2017 $1,444 $55,752 $14,000 $41,752
2016 $1,357 $52,032 $14,000 $38,032
2015 $1,359 $52,032 $14,000 $38,032
2014 $1,152 $46,808 $12,000 $34,808
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2020

    KIRAN CHAWLA

    Singh Realty, LLC

    (470) 223-8789

    27 Total Sales

    KIRAN CHAWLA
    Section Image
  • Josh Singh

    Landlord's Co-Listing Agent in 2020

    Josh Singh

    Singh Realty, LLC

    (470) 223-8789

    3 in this area

    236 Total Sales

    Josh Singh
    Section Image
  • Maria Marquez

    Tenant's Agent in 2020

    Maria Marquez

    Virtual Properties Realty.BIZ

    (770) 337-8194

    5 Total Sales

    Maria Marquez
    Section Image
  • Grove Homes Group

    Seller's Agent in 2019

    Grove Homes Group

    Pure Real Estate Solutions

    10 in this area

    269 Total Sales

    Grove Homes Group
    Section Image

  • B

    Seller Co-Listing Agent in 2019

    Brooke Duffy

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6772338

First Multiple Listing Service (FMLS)

APN: 249-252

Georgia Forsyth County Cumming 30041 Lake Lanier

5820 Ridge Stone Way, Cumming, GA

This home is located at 5820 Ridge Stone Way, Cumming, GA 30041 since 26 August 2020 and is currently priced at $337,203. This property was built in 2004. 5820 Ridge Stone Way is a home located in Forsyth County with nearby schools including Chestatee Elementary School and North Forsyth Middle School.

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