NOT LISTED FOR SALE

5870 Ridge Stone Way Cumming, GA 30041

Estimated Value: $316,000 - $344,033

3 Beds
2.5 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold May 30, 2013

Last sale price $115,000

Est. 190% increase in value since last sale

Current estimated payment $2,066/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Chestatee Elementary School Rated A-
  • 1 Fireplace
  • 2 Car Garage

About This Home

As of July 2013

Recently renovated home in nice subdivison where lawn care is provided by HOA! Hardwood floors throughout the main level! 3 bedrooms and 2 baths upstairs, family room, breakfast area, kitchen and half bath on the main level! Cul-de-sac lot. Level yard and patio. Great location, convenient to GA400, Cumming and Dawsonville, Outlet Malls, and hospitals. Professionally managed for worry free living!

Last Agent to Rent the Property

Sarah Johnson

Compass License #350592 Listed on: 07/22/2013

Last Renter's Agent

Glenda Broker

Non-Mls Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,965

Year Built

  • Built in 2004

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Family Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities

Community Details

  • Property has a Home Owners Association
  • Association fees include ground maintenance
  • Mountain Ridge Subdivision

Listing and Financial Details

  • Security Deposit $1,000
  • 12-Month Min and 24-Month Max Lease Term
  • $35 Application Fee

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,965

Year Built

Built in 2004

Lot Details

0

Rental Info

  • Lease Termsin Months: 12
  • Pet Deposit: 250
  • Security Deposit: 1000

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2004
  • ArchitecturalStyle: Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: LEASE
  • Lot Size Acres: .13
  • Property Sub-Type: Single Family Residence
  • Max Rental Period Months: 24
  • Min Rental Period Months: 12
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range (Combo), Refrigerator
  • Bedrooms: 3
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Hardwood
  • Furnished: Unfurnished

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Foundation Details: Slab
  • Lot Features: Level

Garage/Parking

  • Parking Features: Garage
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Central Air
  • Heating: Electric, Natural Gas, Forced Air
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Sidewalks, Street Lights
  • Application Fee: 35
  • PetsAllowed: Yes

Fee Information

  • Fee Paid: No
  • Association Fee Includes: Maintenance Grounds

Schools

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

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2015
Sold by
Ih2 Property Georgia Lp
Bought by
2015 3 Ih2 Borrower Lp
Current Estimated Value
$333,758

Purchase Details

Listed on
Jul 22, 2013
Closed on
May 30, 2013
Sold by
Barnett Ventures Llc
Bought by
Ih2 Property Georgia Lp
Seller's Agent
Sarah Johnson
Compass
Buyer's Agent
Glenda Broker
Non-Mls Company
Sold Price
$1,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%

Purchase Details

Closed on
Sep 26, 2012
Sold by
Barnett Bill H
Bought by
Barnett Ventures Llc

Purchase Details

Closed on
May 20, 2009
Sold by
Miles Carla D
Bought by
Barnett Bill H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
4.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2004
Sold by
Colony Homes Llc
Bought by
Miles Carla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,575
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
2015 3 Ih2 Borrower Lp -- --
Ih2 Property Georgia Lp $115,000 --
Barnett Ventures Llc -- --
Barnett Bill H $135,000 --
Miles Carla $133,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barnett Bill H $805
Previous Owner Barnett Bill H $101,250
Previous Owner Miles Carla $106,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2013 07/22/13 Rented $1,000 0.0% --
07/22/2013 07/22/13 For Rent $1,000 0.0% --
05/30/2013 05/30/13 Sold $115,000 -7.9% $77 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $124,900 -- $84 / Sq Ft
Source: Georgia MLS

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
2024 $2,965 $120,928 $40,000 $80,928
2023 $3,043 $123,608 $30,000 $93,608
2022 $2,572 $78,984 $16,000 $62,984
2021 $2,181 $78,984 $16,000 $62,984
2020 $2,033 $73,636 $16,000 $57,636
2019 $1,596 $67,532 $16,000 $51,532
2018 $1,758 $63,584 $16,000 $47,584
2017 $1,320 $55,952 $14,000 $41,952
2016 $1,449 $52,192 $14,000 $38,192
2015 $1,451 $52,192 $14,000 $38,192
2014 $1,218 $46,000 $11,760 $34,240
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2013

    Sarah Johnson

    Compass

    Section Image
  • JIMMY D BARNETT

    Seller's Agent in 2013

    JIMMY D BARNETT

    Chapman Hall Professionals Realty, LLC.

    (770) 887-7621

    4 Total Sales

    JIMMY D BARNETT
    Section Image

  • M

    Seller Co-Listing Agent in 2013

    MELODY Y PATTERSON

    NOT A VALID MEMBER

  • Glenda Broker

    Tenant's Agent in 2013

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

    Glenda Broker
    Section Image
  • Mark Spain

    Buyer's Agent in 2013

    Mark Spain

    Mark Spain

    (678) 537-8980

    10,015 Total Sales

    Mark Spain
    Section Image
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Map

Source: Georgia MLS

MLS Number: 7130188

Georgia MLS

APN: 249-257

Georgia Forsyth County Cumming 30041

5870 Ridge Stone Way, Cumming, GA

This home is located at 5870 Ridge Stone Way, Cumming, GA 30041 since 22 July 2013 and is currently priced at $333,758. This property was built in 2004. 5870 Ridge Stone Way is a home located in Forsyth County with nearby schools including Chestatee Elementary School, North Forsyth Middle School, and War Hill Christian Academy.

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