NOT LISTED FOR SALE

5845 Ridge Stone Way Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $340,000 - $345,000

3 Beds
2.5 Baths
1,364 Sq Ft
$251/Sq Ft Est. Value

Last Sold July 29, 2019

Last sale price $195,000 $143 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,144/month

Highlights

  • Traditional Architecture
  • Breakfast Room
  • Cul-De-Sac
  • Chestatee Elementary School Rated A-
  • Open to Family Room
  • Ceiling height of 9 feet on the main level

About This Home

As of July 2019

Move In Ready! EXCELLENT CONDITION! Great Rental Income Property or Primary Residence. 3 Beds 2.5 Baths in Top North Forsyth Schools and convenient to 400 * Cul-de-sac Lot* Includes Washer and Dryer and Fridge * All updated Stainless Appliances* Hardwoods on Main floor* New Hot water Heater! *Neutral light gray paint and carpet* Great yard* Shared Storage unit provides room for all your tools and toys!

Last Agent to Sell the Property

Carolyn Watters

Atlanta Communities License #242899 Listed on: 06/28/2019

Atlanta Communities

Last Buyer's Agent

Mike Liberatore

Berkshire Hathaway HomeServices Georgia Properties License #364161

Berkshire Hathaway HomeServices Georgia Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,545

Year Built

  • Built in 2004

Lot Details

  • 3,485 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot
  • Back Yard

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,364 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Factory Built Fireplace
  • Insulated Windows
  • Great Room with Fireplace
  • Family Room
  • Breakfast Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Wine Rack

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Patio
  • Property is near shops

Community Details

  • Mountain Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 249 262

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,545

Year Built

Built in 2004

Lot Details

0

HOA Fees

$100 per month

Parking

1

Listing Details

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

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Factory Built, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Refrigerator, Gas Water Heater, Microwave, Washer
  • Interior Amenities: High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Double Vanity, High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Breakfast Room, Laminate Counters, View to Family Room, Wine Rack
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Square Footage: 1364.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • 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: Cement Siding
  • Roof Type: Composition, Shingle
  • Patio And Porch Features: Patio

Garage/Parking

  • Number of Garage Spaces: 1
  • Number Of Parking Spaces: 1
  • Parking Features: Attached, Garage Door Opener, Garage, Garage Faces Front, Kitchen Level, Level Driveway

Utilities

  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: Other

Condo/Co-op/Association

  • Community Features: Near Shopping
  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Subdivision Complex: Mountain Ridge

Lot Info

  • Acres: 0.0800
  • Section G M D: 1st
  • Plat Book: 74
  • Plat Page: 169
  • Lot Features: Back Yard, Cul-De-Sac, Level
  • Parcel Number: 249 262
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1545.00
  • Tax Year: 2018

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
Jun 28, 2019
Closed on
Jul 29, 2019
Sold by
Vaughan Kelsey
Bought by
Oliver Craig L and Oliver Shanna
Seller's Agent
Carolyn Watters
Atlanta Communities
Buyer's Agent
Mike Liberatore
Berkshire Hathaway HomeServices Georgia Properties
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$342,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,906
Avg. Annual Appreciation
9.40%
Original Mortgage
$195,000
Outstanding Balance
$170,889
Interest Rate
3.73%
Estimated Equity
$170,920

Purchase Details

Listed on
Jul 3, 2014
Closed on
Aug 29, 2014
Sold by
Hopps James
Bought by
Vaughan Kelsey
Seller's Agent
Rhonda Duffy
Duffy Realty of Atlanta
Buyer's Agent
Carolyn Watters
Atlanta Communities
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$132,653
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2014
Sold by
Madsen Timothy
Bought by
Hopps James and Hopps Barbara N

Purchase Details

Closed on
Jun 25, 2004
Sold by
Colony Homes Llc
Bought by
Madsen Timothy and Madsen Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,123
Interest Rate
6.25%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Oliver Craig L $195,000 --
Vaughan Kelsey $130,000 --
Hopps James $125,000 --
Madsen Timothy $121,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliver Craig L $195,000
Previous Owner Vaughan Kelsey $132,653
Previous Owner Madsen Timothy $12,123
Previous Owner Madsen Timothy $96,988
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2019 07/29/19 Sold $195,000 0.0% $143 / Sq Ft
06/30/2019 06/30/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $195,000 +50.0% $143 / Sq Ft
08/29/2014 08/29/14 Sold $130,000 -3.7% $95 / Sq Ft View Prior Sale
07/10/2014 07/10/14 Pending -- -- --
07/03/2014 07/03/14 For Sale $135,000 -- $99 / 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 $2,948 $131,804 $44,000 $87,804
2024 $2,948 $120,208 $40,000 $80,208
2023 $3,036 $123,328 $30,000 $93,328
2022 $2,567 $78,824 $16,000 $62,824
2021 $2,177 $78,824 $16,000 $62,824
2020 $2,029 $73,476 $16,000 $57,476
2019 $1,644 $68,852 $16,000 $52,852
2018 $1,545 $63,624 $16,000 $47,624
2017 $1,395 $56,232 $14,000 $42,232
2016 $1,315 $52,432 $14,000 $38,432
2015 $1,308 $51,984 $14,024 $37,960
2014 $1,178 $44,488 $12,000 $32,488
Source: Public Records

Agents Affiliated with this Home

  • Carolyn Watters

    Seller's Agent in 2019

    Carolyn Watters

    Atlanta Communities

    (678) 643-1731

    7 in this area

    54 Total Sales

    Carolyn Watters
    Section Image
  • Mike Liberatore

    Buyer's Agent in 2019

    Mike Liberatore

    Berkshire Hathaway HomeServices Georgia Properties

    (706) 299-7856

    8 in this area

    69 Total Sales

    Mike Liberatore
    Section Image
  • Rhonda Duffy

    Seller's Agent in 2014

    Rhonda Duffy

    Duffy Realty of Atlanta

    (678) 318-3613

    13 in this area

    1,522 Total Sales

    Rhonda Duffy
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6577819

First Multiple Listing Service (FMLS)

APN: 249-262

Georgia Forsyth County Cumming 30041 Lake Lanier

5845 Ridge Stone Way, Cumming, GA

This home is located at 5845 Ridge Stone Way, Cumming, GA 30041 since 28 June 2019 and is currently estimated at $341,809, approximately $250 per square foot. This property was built in 2004. 5845 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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