NOT LISTED FOR SALE

5985 Overleaf Terrace Cumming, GA 30040

Estimated Value: $522,908 - $548,000

4 Beds
2.5 Baths
2,277 Sq Ft
$233/Sq Ft Est. Value

Sale Details

Date Sold: December 30, 2021

Last sale price $455,000 $200 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,273 / mo

Highlights

  • Fitness Center
  • Clubhouse
  • 1 Fireplace
  • George W. Whitlow Elementary School Rated A+
  • Wood Flooring
  • Community Pool

About This Home

As of December 2021

Built in 2014, this Cumming two-story home offers granite countertops, and a two-car garage.

Last Agent to Sell the Property

Kim Klir

Mainstay Brokerage License #308458 Listed on: 11/24/2021

Mainstay Brokerage

Last Buyer's Agent

Murali Sunkara

Virtual Properties Realty.com License #405621

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $617

Year Built

  • Built in 2014

Lot Details

  • 7,405 Sq Ft Lot

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Concrete Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Partial Basement

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Whitlow Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Private Water Source
  • Septic Tank

Listing and Financial Details

  • Tax Lot 308

Community Details

Overview

  • Stonehaven Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$617

Year Built

Built in 2014

Lot Details

7,405 Sq Ft Lot

HOA Fees

$75 per month

Listing Details

  • Property Type: Residential
  • Section: 1
  • Year Built: 2014
  • ArchitecturalStyle: Other
  • Main Level Half Bathrooms: 1
  • Financing Type: Conventional 95%
  • Levels: Two
  • Lot Size Acres: .17
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2277
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Microwave, Oven/Range (Combo)
  • Bedrooms: 4
  • Basement: Partial
  • Total Finished Sq Ft: 2277
  • Unfinished Below Grade Sq Ft: 981
  • Above Grade Finished Sq Ft: 2277
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Hardwood, Carpet, Vinyl

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Concrete, Brick
  • Lot Features: None
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Garage
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Central Air
  • Heating: Natural Gas, Central
  • Laundry Features: Other
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Private

Condo/Co-op/Association

  • Annual Association Fee: 900
  • Association: Yes
  • Community Features: Clubhouse, Fitness Center, Pool, Tennis Court(s)

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Whitlow
  • High School: Forsyth Central
  • Middle School: Otwell

Lot Info

  • Land Lot: 271
  • Lot: 308

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 616.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Dec 30, 2021
Sold by
Opendoor Property Trust
Bought by
Gopu Govinda and Gopu Madhavi
Seller's Agent
Kim Klir
Mainstay Brokerage
Buyer's Agent
Murali Sunkara
Virtual Properties Realty.com
List Price
$437,000
Sold Price
$455,000
Premium/Discount to List
$18,000
4.12%
Current Estimated Value
$531,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,477
Avg. Annual Appreciation
3.68%
Original Mortgage
$408,500
Outstanding Balance
$370,705
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$160,772

Purchase Details

Closed on
Jul 22, 2021
Sold by
Baker James E
Bought by
Opendoor Property Trust I

Purchase Details

Closed on
Aug 15, 2014
Sold by
John Thomas Partners Llc
Bought by
Baker James E and Baker Beverly W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,250
Interest Rate
4.2%
Mortgage Type
VA

Purchase Details

Closed on
Nov 21, 2013
Sold by
Gk Stonehaven Lllp
Bought by
John Thomas Partners Llc

Purchase Details

Closed on
Aug 4, 2009
Sold by
Tax Commissioner & Ex Officio
Bought by
Lang & Smith Ptshp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gopu Govinda $455,000 None Listed On Document
Gopu Govinda Reddy $455,000 --
Opendoor Property Trust I $383,400 --
Baker James E $250,000 --
John Thomas Partners Llc $1,565,000 --
Lang & Smith Ptshp $1,724 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gopu Govinda Reddy $408,500
Closed Gopu Govinda $408,500
Previous Owner Baker James E $258,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2021 12/30/21 Sold $455,000 +4.1% $200 / Sq Ft
11/24/2021 11/24/21 For Sale $437,000 -- $192 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
Source: Georgia MLS

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 $4,803 $221,652 $66,000 $155,652
2024 $4,803 $217,264 $66,000 $151,264
2023 $4,177 $202,116 $60,000 $142,116
2022 $4,101 $125,664 $32,000 $93,664
2021 $622 $125,664 $32,000 $93,664
2020 $617 $120,472 $32,000 $88,472
2019 $620 $118,000 $36,000 $82,000
2018 $637 $119,284 $32,000 $87,284
2017 $629 $105,372 $32,000 $73,372
2016 $615 $95,252 $24,000 $71,252
2015 $606 $89,252 $18,000 $71,252
2014 $424 $16,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20002962

Georgia MLS

APN: 105-944

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