NOT LISTED FOR SALE

5885 Shady Grove Rd Cumming, GA 30041

Estimated Value: $962,000 - $1,098,000

4 Beds
4 Baths
3,822 Sq Ft
$270/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $660,000 $173 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,091/month

8 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Covered dock with one slips
  • In Ground Pool
  • Chattahoochee Elementary School Rated A
  • Deep Water Access
  • Lake On Lot

About This Home

As of November 2019

Beautiful Craftsman style home on Lake Lanier tucked away on a quiet street with sought after deep water. Serene Cove with a short cruise to open water. Boat, Kayak, Fish, or walk on nature trails , just outside your back door. Soaring ceilings in great room with bright and updated open floor plan perfect for entertaining. Gourmet kitchen, Italian marble island ,solid surface counter tops, custom cabinetry. Master on main with access to pool entertainment area and also to deck. Only 3.1 mi to GA 400 for easy access. 15 mins to Alpharetta, 30 mins to Sandy Springs. Vintage pine flooring accents the cathedral height beamed ceilings. The room is expansive and can entertain a large family. Wood fireplace with custom insert. Gourmet kitchen has slate floors, all SS , 2 sinks. Nicely tucked behind the kitchen is the laundry area and mud room to walk to the pool ,all with slate flooring. Large 3rd bedroom on top floor that can handle many kids and grandkids. Lots of storage on all the levels. addl 1518 SF Walk out Terrace level with private entrance for in-law suite or AirBnB: kitchenette area in large living room along with a play room and a full bathroom and bedroom. Low maintenance salt water pool with pebble tec finish. Flagstone and a perennial garden surround the pool with waterfall feature. Golf cart path to lake, single slip dock with lift, electrical. Great private lot, plenty of parking for trailer/boat or motor home.
Charleston Park is the expansive area across the cove, never have any neighbors across from you! Great for your privacy and great for fishing, biking and hiking. Enjoy the serenity: this .59 Acre Lot feels much larger, surrounded by Core of Engineers property, and you can walk to the nature trails in Charleston Pk

Last Agent to Sell the Property

Richard Mitchell

NorthGroup Realty License #380500 Listed on: 09/26/2019

NorthGroup Realty

Last Buyer's Agent

Russ Sorrells

Sorrells Realty, LLC License #181981

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,944

Year Built

  • Built in 1972

Lot Details

  • 0.59 Acre Lot
  • 150 Feet of Waterfront
  • Lake Front
  • Property fronts an easement
  • Property borders a national or state park
  • Private Entrance
  • Chain Link Fence
  • Landscaped
  • Permeable Paving
  • Wooded Lot
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Rural

Home Design

  • Craftsman Architecture
  • Frame Construction
  • Composition Roof
  • Brick Front

Interior Spaces

  • 3,822 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Whole House Fan
  • Ceiling Fan
  • Skylights
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Masonry
  • Insulated Windows
  • Private Rear Entry
  • Great Room with Fireplace
  • 2 Fireplaces
  • Family Room
  • Screened Porch
  • Pine Flooring

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in Mud Room
  • Laundry on main level

Finished Basement

  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • EarthCraft House

Outdoor Features

  • In Ground Pool
  • Deep Water Access
  • Covered dock with one slips
  • Lake On Lot
  • Deck
  • Outbuilding

Schools

  • Chattahoochee - Forsyth Elementary School
  • Little Mill Middle School
  • North Forsyth High School

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • 110 Volts
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 258 130

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,944

Year Built

Built in 1972

Lot Details

0.59 Acres

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Condition: Resale
  • Year Built: 1972
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Pine
  • Fireplace Features: Basement, Great Room, Insert, Masonry
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Double Oven, Gas Cooktop, Microwave, Refrigerator
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Double Vanity
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Kitchen Island, Pantry, Solid Surface Counters, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Great Room - 2 Story
  • Dining Room Features: Great Room
  • Square Footage: 3822.00
  • Spa Features: None
  • Window Features: Insulated Windows, Skylight(s)

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: In-Law Suite/Apartment, Master on Main
  • Lower Bedrooms: 1
  • Main Bedrooms: 2
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity

Exterior Features

  • Other Structures: Outbuilding
  • Waterfront Frontage: 150
  • Construction Materials: Brick Front, Frame
  • Roof Type: Composition
  • Lake Name: Lanier
  • Fencing: Chain Link
  • Patio And Porch Features: Covered, Deck, Front Porch, Screened
  • Exterior Features: Garden, Permeable Paving, Private Front Entry, Private Rear Entry
  • Pool Features: In Ground
  • View: Lake, Rural

Garage/Parking

  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 6
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Whole House Fan
  • Heating: Central, Electric, Forced Air
  • Laundry Features: Main Level, Mud Room
  • Utilities: Cable Available, Electricity Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • Master Association Fee Frequency: Annually

Lot Info

  • Acres: 0.5900
  • Lot: 5
  • Section G M D: 1
  • Plat Book: 115
  • Plat Page: 96
  • Lot Features: Back Yard, Borders US/State Park, Front Yard, Lake On Lot, Landscaped, Wooded
  • Lot Dimensions: x
  • Parcel Number: 258 130
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Building Certifications: EarthCraft Home
  • Green Energy Generation: None

Tax Info

  • Taxes: 4944.00
  • Tax Year: 2018

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • Elementary School: Chattahoochee - Forsyth
  • High School: North Forsyth
  • Middle School: Little Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Nov 15, 2019
Sold by
Zavorski James K
Bought by
Frederiksen Grant Marvin and Frederiksen Robin Marie
Seller's Agent
Richard Mitchell
NorthGroup Realty
Buyer's Agent
Russ Sorrells
Sorrells Realty, LLC
List Price
$645,000
Sold Price
$660,000
Premium/Discount to List
$15,000
2.33%
Current Estimated Value
$1,033,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,055
Avg. Annual Appreciation
7.32%
Original Mortgage
$627,000
Outstanding Balance
$540,868
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$492,187

Purchase Details

Closed on
Oct 10, 2008
Sold by
Pathway Homes Sg Llc
Bought by
Falcone Sara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2007
Sold by
Tuttle Dan C
Bought by
Pathway Homes Sg Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,271
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2007
Sold by
Orris Billie C
Bought by
Tuttle Dan C and Durand Bert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,271
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2004
Sold by
Miers Houston L and Miers Beverly
Bought by
Orris Gary S and Orris Billie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
5.91%

Purchase Details

Closed on
Sep 10, 2002
Sold by
Parson Ron G and Parson Stella S
Bought by
Lakeland Homes Inc

Purchase Details

Closed on
Jul 27, 2001
Sold by
Richey Kathleen W
Bought by
Parson Ron G and Parson Stella S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Frederiksen Grant Marvin $660,000 --
Falcone Sara L $490,000 --
Pathway Homes Sg Llc -- --
Tuttle Dan C $500,000 --
Orris Gary S $1,225,000 --
Lakeland Homes Inc $129,900 --
Parson Ron G $391,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frederiksen Grant Marvin $627,000
Previous Owner Falcone Sara L $190,000
Previous Owner Pathway Homes Sg Llc $493,271
Previous Owner Orris Gary S $937,500
Previous Owner Parson Ron G $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2019 11/15/19 Sold $660,000 +2.3% $173 / Sq Ft
10/04/2019 10/04/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $645,000 -- $169 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $8,576 $401,848 $180,000 $221,848
2024 $8,576 $395,956 $180,000 $215,956
2023 $7,224 $337,172 $140,000 $197,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6623516

First Multiple Listing Service (FMLS)

APN: 258-130

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