NOT LISTED FOR SALE

5850 Lady Bank Way Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $789,000 - $835,000

4 Beds
3.5 Baths
2,650 Sq Ft
$306/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $428,794 $162 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,962/month

Highlights

  • Craftsman Architecture
  • Private Lot
  • Wood Flooring
  • Chestatee Elementary School Rated A-
  • Wooded Lot
  • Stone Countertops

About This Home

As of December 2018

New Community of unique craftsman style homes situated on large private homesites! The Glenlake is an inviting floor plan featuring a rocking chair front porch. The main floor offers an open dining rm w/butlers pantry, gourmet kitchen w/island bar & opens to fireside family rm. Mud rm & study on 1st floor includes oversized master retreat, 3 add'l bdrms & laundry rm. Two story, oversized deck situated over an acre on cul-de-sac. *Estimated completion late summer 2018-these are stock photos of similiar plan-home is to be built

Last Agent to Sell the Property

DWAYNE HANKS

NOT A VALID MEMBER License #279352 Listed on: 01/05/2018

Last Buyer's Agent

Lisa Hornsby

CKE Realty Services, LLC. License #174300

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $666

Year Built

  • Built in 2018

Lot Details

  • 1.05 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Private Lot
  • Wooded Lot

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Home to be built
  • Craftsman Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,650 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Schools

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

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 44
  • Assessor Parcel Number 266 097

Community Details

Overview

  • $1,200 Initiation Fee
  • The Preserve At Wild Rose Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$666

Year Built

Built in 2018

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Condition: To Be Built
  • Year Built: 2018
  • Levels Stories: Two
  • Special Features: NewHome
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Water Heater, Microwave
  • Interior Amenities: Disappearing Attic Stairs, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Interior Entry, Unfinished
  • Kitchen Features: Breakfast Bar, Eat-in Kitchen, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Office
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2650.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition, Ridge Vents

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Homeowners Assoc, Playground, Street Lights
  • Association Fee: 1000
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: The Preserve At Wild Rose

Schools

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

Lot Info

  • Acres: 1.0500
  • Lot: 44
  • Lot Features: Cul-De-Sac, Private, Wooded
  • Parcel Number: 266 097
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat, Windows

Rental Info

  • Initiation Fee: 1200

Tax Info

  • Taxes: 666.00
  • Assessor Parcel Number: 266-000-097
  • Close Date: 2018-12-14
  • Tax Year: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2018
Closed on
Dec 14, 2018
Sold by
Martin Associates Home Builders Inc
Bought by
Etheridge Jack L
Seller's Agent
DWAYNE HANKS
NOT A VALID MEMBER
Buyer's Agent
Lisa Hornsby
CKE Realty Services, LLC.
List Price
$406,900
Sold Price
$428,794
Premium/Discount to List
$21,894
5.38%
Current Estimated Value
$811,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,804
Avg. Annual Appreciation
9.84%
Original Mortgage
$321,595
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2017
Sold by
Not Provided
Bought by
Martin Associates Home Builder
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
Etheridge Jack L $428,794 --
Etheridge Jack L -- --
Martin Associates Home Builder $225,219 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Etheridge Jack L $321,595
Closed Etheridge Jack L $321,595
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $428,794 +2.1% $162 / Sq Ft
06/22/2018 06/22/18 Price Changed $419,900 +3.2% $158 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $406,900 -- $154 / 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 $6,907 $331,536 $48,000 $283,536
2024 $6,907 $321,552 $40,000 $281,552
2023 $6,229 $301,752 $34,000 $267,752
2022 $5,345 $192,236 $21,400 $170,836
2021 $5,057 $192,236 $21,400 $170,836
2020 $4,594 $169,808 $21,400 $148,408
2019 $4,586 $169,088 $21,400 $147,688
2018 $623 $22,530 $22,530 $0
2017 $666 $24,000 $24,000 $0
2016 $622 $22,400 $22,400 $0
2015 $234 $8,400 $8,400 $0
2014 $222 $8,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    DWAYNE HANKS

    NOT A VALID MEMBER

    Section Image

  • L

    Buyer's Agent in 2018

    Lisa Hornsby

    CKE Realty Services, LLC.

    (678) 654-6180

    71 Total Sales

    Lisa Hornsby
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5948107

First Multiple Listing Service (FMLS)

APN: 266-097

Georgia Forsyth County Cumming 30041 Lake Lanier

5850 Lady Bank Way, Cumming, GA

This home is located at 5850 Lady Bank Way, Cumming, GA 30041 since 05 January 2018 and is currently estimated at $811,598, approximately $306 per square foot. This property was built in 2018. 5850 Lady Bank Way is a home located in Forsyth County with nearby schools including Chestatee Elementary School, North Forsyth Middle School, and Cornerstone Schools.

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