NOT LISTED FOR SALE

5940 Hart Way Cumming, GA 30028

Estimated Value: $576,000 - $705,000

6 Beds
5 Baths
4,322 Sq Ft
$154/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $714,000 $165 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,000/month

63 Days on Market

Highlights

  • Fishing
  • Craftsman Architecture
  • Clubhouse
  • Silver City Elementary School Rated A
  • Community Lake
  • Deck

About This Home

As of May 2024

Welcome home to a rare find in North Forsyth! This stunning, like-new residence boasts 6 bedrooms, 5 full bathrooms, and a fully finished basement!Step inside to discover a bright and airy interior, with fresh paint throughout enhancing the home's appeal. The main floor welcomes you with an inviting open concept layout, seamlessly connecting the kitchen, eat-in breakfast area and family room for effortless entertaining. A butler's pantry complements the walk-in pantry, while a separate dining room offers an elegant space for formal gatherings. Convenience meets comfort with a main-level bedroom and full bathroom. Take in picturesque views from the deck with a retractable awning, extending your living space outdoors. Upstairs, a spacious loft/living area awaits, along with 4 bedrooms and 3 bathrooms, including a luxurious primary suite featuring his and hers walk-in closets and a luxurious ensuite bathroom showcasing frameless shower and beautifully upgraded tile. The fully finished basement is a haven for relaxation and recreation, boasting another bedroom with an oversized walk-in closet, a full bathroom, and versatile flex spaces ideal for an office or additional living areas. Another flex room plumbed for kitchen appliances or wet bar opens to the backyard oasis, complete with a patio area featuring a built-in grilling station and a sprawling fenced-in yard with a play set—perfect for outdoor enjoyment. Garage is also equipped with an EV charging station. Community features wonderful amenities including a lake with fishing dock, clubhouse, pool, separate kiddie pool, playground, tennis and basketball courts. Conveniently located in North Forsyth, this home offers easy access to top-rated schools, shopping, dining, and GA-400. Don't miss the opportunity to make this exceptional property your own—schedule your tour today!

Last Agent to Sell the Property

Bret Schroder

Coldwell Banker Realty License #361881 Listed on: 02/22/2024

Coldwell Banker Realty

Co-Listed By

Ginger Schroder

Coldwell Banker Realty License #429255

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,495

Year Built

  • Built in 2020

Lot Details

  • 0.29 Acre Lot
  • Private Entrance
  • Privacy Fence
  • Wood Fence
  • Back and Front Yard

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,322 Sq Ft Home
  • 2-Story Property
  • Rear Stairs
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling height of 9 feet on the lower level
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level

Finished Basement

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

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 233 655

Community Details

Overview

  • Beacon Mgmnt Services Association, Phone Number (770) 589-0097
  • Secondary HOA Phone (770) 589-0097
  • The Reserve At Settlers' Lake Subdivision
  • Rental Restrictions
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,495

Year Built

Built in 2020

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: 14-1 320 PH 1 LT 68 THE RESERVE AT SETTLERS LAKE
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Condition: Resale
  • Year Built: 2020
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Fireplace Features: Factory Built, Gas Log, Glass Doors, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Refrigerator, Gas Range, Gas Oven, Microwave, Range Hood
  • Interior Amenities: High Ceilings 9 ft Lower, High Ceilings 9 ft Upper, Coffered Ceiling(s), Disappearing Attic Stairs, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished Bath, Finished, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets White, Kitchen Island, Pantry, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Dining Room Features: Butlers Pantry, Separate Dining Room
  • Square Footage: 4322.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 6
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Bathrooms: 5
  • Total Full Baths: 5
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • Fencing: Privacy, Wood
  • Patio And Porch Features: Deck, Patio, Front Porch
  • Exterior Features: Rear Stairs, Private Entry
  • Pool Private: No
  • Foundation: Concrete Perimeter, Slab

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Driveway, Garage, Garage Faces Front, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Laundry Room, Upper Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 220 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Reserve Fund, Swim, Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Fishing, Homeowners Assoc, Lake, Pool, Playground, Sidewalks, Street Lights
  • Association Fee: 550
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-589-0097
  • Management Company Email: abenson@beaconmanagementservices.com
  • Management Phone: 770-589-0097
  • Subdivision Complex: The Reserve at Settlers' Lake

Association/Amenities

  • Management Company: Beacon Mgmnt Services

Schools

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

Lot Info

  • Acres: 0.2900
  • Deed Book: 9576
  • Deed Page: 461
  • Plat Book: 186
  • Plat Page: 1-16
  • Lot Features: Back Yard, Front Yard
  • Parcel Number: 233 655
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 4495.00
  • Assessor Parcel Number: 233-000-655
  • Close Date: 2024-05-22
  • Tax Year: 2023

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
Feb 22, 2024
Closed on
May 22, 2024
Sold by
Tention Rachael
Bought by
Tention Rachael and Tention David
Seller's Agent
Bret Schroder
Coldwell Banker Realty
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$739,000
Sold Price
$714,000
Premium/Discount to List
-$25,000
-3.38%
Views
118
Current Estimated Value
$663,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,233
Avg. Annual Appreciation
-5.30%
Original Mortgage
$217,745
Outstanding Balance
$214,891
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
$448,876

Purchase Details

Closed on
Aug 20, 2020
Sold by
Taylor Morrison Of Georgia Llc
Bought by
Kingrey Brandon Tyler and Kingrey Crispin Reily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,315
Interest Rate
3%
Mortgage Type
New Conventional
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
Tention Rachael -- None Listed On Document
Tention Rachael $714,000 None Listed On Document
Kingrey Brandon Tyler $402,155 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tention Rachael $217,745
Previous Owner Kingrey Brandon Tyler $316,315
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $714,000 -2.1% $165 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/11/2024 04/11/24 Price Changed $729,000 -1.4% $169 / Sq Ft
02/22/2024 02/22/24 For Sale $739,000 -- $171 / 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 $5,393 $261,020 $54,000 $207,020
2024 $5,393 $256,580 $54,000 $202,580
2023 $4,495 $224,888 $36,000 $188,888
2022 $4,339 $145,528 $28,000 $117,528
2021 $3,928 $145,528 $28,000 $117,528
2020 $773 $28,000 $28,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Bret Schroder

    Seller's Agent in 2024

    Bret Schroder

    Coldwell Banker Realty

    (770) 876-7898

    38 Total Sales

    Bret Schroder
    Section Image

  • G

    Seller Co-Listing Agent in 2024

    Ginger Schroder

    Coldwell Banker Realty

    12 Total Sales

    Ginger Schroder
    Section Image

  • N

    Buyer's Agent in 2024

    NON-MLS NMLS

    Non FMLS Member

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7342174

First Multiple Listing Service (FMLS)

APN: 233-655

Georgia Forsyth County Cumming 30028

5940 Hart Way, Cumming, GA

This home is located at 5940 Hart Way, Cumming, GA 30028 since 22 February 2024 and is currently estimated at $663,767, approximately $153 per square foot. This property was built in 2020. 5940 Hart Way is a home located in Forsyth County with nearby schools including Silver City Elementary School, North Forsyth Middle School, and North Forsyth High School.

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