NOT LISTED FOR SALE

8505 Shade Springs Ct Cumming, GA 30028

Estimated Value: $1,018,000 - $1,244,000

5 Beds
5.5 Baths
6,176 Sq Ft
$180/Sq Ft Est. Value

Last Sold March 15, 2016

Last sale price $568,000 $92 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $6,767/month

Highlights

  • In Ground Pool
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Poole's Mill Elementary School Rated A
  • Dining Room Seats More Than Twelve
  • Deck

About This Home

As of March 2016

HUGE PRICE REDUCTION CAN'T BEAT THIS DEAL!!!! This exquisite 4 sided brick home is on 2 +/- acres in the prestigious Legends of Settendown Creek and has very high level of finish. This stunning home has many features such as spectacular formal living and dining rooms, den/office, large family room, chef's kitchen with island and 2 ovens, gas cook top, massive master bedroom suite with sitting area, master bath with walk-in shower, whirlpool tub, full finished basement with bar, media room, exercise room, family room, full bath, huge deck and in ground pool.

Last Agent to Sell the Property

Basil Malouf

EXP Realty, LLC. License #314415 Listed on: 04/15/2015

EXP Realty, LLC.

Last Buyer's Agent

Nelson Logan

Virtual Properties Realty.Net, LLC. License #260758

Virtual Properties Realty.Net, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,500

Year Built

  • Built in 2004

Lot Details

  • Private Lot
  • Corner Lot
  • Sloped Lot
  • Garden

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 6,176 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 10 feet on the lower level
  • Ceiling Fan
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Office
  • Permanent Attic Stairs
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom

Pool

  • In Ground Pool
  • Fiberglass Pool

Outdoor Features

  • Deck
  • Patio

Schools

  • Matt Elementary School
  • Liberty - Forsyth Middle School
  • West Forsyth High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 006 081

Community Details

Overview

  • The Legends Of Settendown Crk Subdivision

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,500

Year Built

Built in 2004

Lot Details

0

HOA Fees

$29 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2004
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Master Bedroom
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Interior Amenities: Bookcases, Entrance Foyer, High Ceilings 9 ft Upper, High Ceilings 10 ft Lower, High Speed Internet, Permanent Attic Stairs, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Basement: Bath/Stubbed, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Living Room, Office
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 6176.00

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Sitting Room
  • Lower Bedrooms: 1
  • Total Full Baths: 5
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Patio And Porch Features: Deck, Patio
  • Exterior Features: Garden
  • Pool Features: Fiberglass, In Ground

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Attached, Garage, Garage Door Opener, Kitchen Level

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Park, Playground, Street Lights
  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: The Legends of Settendown Crk

Schools

  • Elementary School: Matt
  • Middle School: Liberty - Forsyth
  • High School: West Forsyth

Lot Info

  • Lot: 101
  • Plat Book: 74
  • Plat Page: 158
  • Lot Features: Corner Lot, Private, Sloped
  • Lot Dimensions: Approx 2 Acres
  • Parcel Number: 006 081
  • Property Attached Yn: No

Tax Info

  • Taxes: 4500.00
  • Assessor Parcel Number: 006-000-081
  • Close Date: 2016-03-15
  • Tax Year: 2014

MLS Schools

  • Elementary School: Matt
  • High School: West Forsyth
  • Middle School: Liberty - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2015
Closed on
Mar 15, 2016
Sold by
Reznikov Maxim
Bought by
Swisher-Houtz Brett
Seller's Agent
Basil Malouf
EXP Realty, LLC.
Buyer's Agent
Nelson Logan
Virtual Properties Realty.Net, LLC.
List Price
$699,000
Sold Price
$568,000
Premium/Discount to List
-$131,000
-18.74%
Current Estimated Value
$1,110,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,837
Avg. Annual Appreciation
7.11%

Purchase Details

Listed on
Jan 6, 2013
Closed on
Mar 29, 2013
Sold by
Tilse Charlie W
Bought by
Reznikov Maxim and Reznikov Inna
Seller's Agent
Basil Malouf
EXP Realty, LLC.
Buyer's Agent
Basil Malouf
EXP Realty, LLC.
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%
Original Mortgage
$403,750
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2004
Sold by
Eubanks Construction Co Inc
Bought by
Tilse Charlie W and Tilse Madonna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,000
Interest Rate
5.96%
Source: Public Records

Range of Values:

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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
Swisher-Houtz Brett $568,000 --
Reznikov Maxim $425,000 --
Tilse Charlie W $134,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reznikov Maxim $403,750
Previous Owner Tilse Charlie $214,160
Previous Owner Tilse Charlie $582,250
Previous Owner Tilse Madonna A $571,000
Previous Owner Tilse Charlie W $70,000
Previous Owner Tilse Charlie $495,000
Previous Owner Tilse Charlie W $398,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2016 03/15/16 Sold $568,000 -2.9% $92 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
02/02/2016 02/02/16 Price Changed $584,900 -2.5% $95 / Sq Ft
09/18/2015 09/18/15 Price Changed $599,900 -6.3% $97 / Sq Ft
09/14/2015 09/14/15 Price Changed $639,900 -1.5% $104 / Sq Ft
07/29/2015 07/29/15 Price Changed $649,900 -7.0% $105 / Sq Ft
07/08/2015 07/08/15 For Sale $699,000 +64.5% $113 / Sq Ft
03/29/2013 03/29/13 Sold $425,000 -10.5% $97 / Sq Ft
02/27/2013 02/27/13 Pending -- -- --
01/06/2013 01/06/13 For Sale $475,000 -- $108 / 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 $10,468 $410,260 $71,044 $339,216
2024 $10,468 $426,884 $53,964 $372,920
2023 $8,226 $334,188 $57,380 $276,808
2022 $8,648 $253,768 $45,492 $208,276
2021 $7,008 $253,768 $45,492 $208,276
2020 $7,688 $278,404 $45,492 $232,912
2019 $6,049 $218,752 $66,240 $152,512
2018 $6,208 $224,472 $66,240 $158,232
2017 $6,306 $227,200 $41,320 $185,880
2016 $6,946 $250,284 $45,540 $204,744
2015 $6,746 $242,640 $28,980 $213,660
2014 $4,500 $169,984 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Basil Malouf

    Seller's Agent in 2016

    Basil Malouf

    EXP Realty, LLC.

    (678) 898-7749

    117 Total Sales

    Basil Malouf
    Section Image
  • Nelson Logan

    Buyer's Agent in 2016

    Nelson Logan

    Virtual Properties Realty

    (678) 978-3093

    26 Total Sales

    Nelson Logan
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5525376

First Multiple Listing Service (FMLS)

APN: 006-081

Georgia Forsyth County Cumming 30028

8505 Shade Springs Ct, Cumming, GA

This home is located at 8505 Shade Springs Ct, Cumming, GA 30028 since 15 April 2015 and is currently estimated at $1,110,837, approximately $179 per square foot. This property was built in 2004. 8505 Shade Springs Ct is a home located in Forsyth County with nearby schools including Poole's Mill Elementary School, Liberty Middle School, and North Forsyth High School.

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