NOT LISTED FOR SALE

5120 Saxon Way Cumming, GA 30028

Estimated Value: $747,000 - $818,000

5 Beds
4 Baths
3,556 Sq Ft
$218/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $702,099 $197 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,916/month

9 Days on Market

Highlights

  • Open-Concept Dining Room
  • New Construction
  • Craftsman Architecture
  • Poole's Mill Elementary School Rated A
  • Separate his and hers bathrooms
  • Rural View

About This Home

As of July 2022

Traditional 2-Story w/ Front Entry Garage
Guest Suite with Full Bath on Main Level
2-Story Foyer
Study and Formal Dining Room off Foyer
Open Concept Kitchen with Large Island, Corner Walk-In Pantry, Breakfast Area, and Lots of Counterspace
Mud Room
Great Room with Vaulted Ceiling, Fireplace and Large Windows
Three Secondary Bedrooms and Laundry Room located Upstairs
Owner's Suite with Tray Ceilings, Garden Tub, Separate Walk-In Shower, Dual Vanities and Walk-In Closet
Personalization Options:
Butler's Pantry
Built-Ins in Great Room
Grand Shower in Owner's Bath
Raised Bonus/Media Room

Last Listed By

Jennifer Hulsey

Ashton Woods Realty, LLC License #409831 Listed on: 06/13/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,191

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 10,585 Sq Ft Lot
  • Private Entrance
  • Landscaped
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Cement Siding

Interior Spaces

  • 3,556 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Open-Concept Dining Room
  • Bonus Room
  • Rural Views

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Butlers Pantry
  • Electric Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on upper level
  • 220 Volts In Laundry

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered patio or porch

Schools

  • Poole's Mill Elementary School
  • Liberty - Forsyth Middle School
  • West Forsyth High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • 220 Volts
  • 110 Volts
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • $900 Initiation Fee
  • Georgia Community Manageme Association, Phone Number (770) 554-1236
  • Secondary HOA Phone (770) 554-1236
  • Built by SR Homes
  • Chimney Creek Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 124
  • Assessor Parcel Number 050 192

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,191

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: 3-1 LL 585 LT 124 PH 1 CHIMNEY CREEK
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Traditional
  • Property Condition: New Construction
  • Assessment Fee Contemplated: Yes
  • Year Built: 2022
  • Levels Stories: Two
  • Cert Prof Home Bldrs Legacy: SR Homes
  • Above Grade Finished Sq Ft: 3556.00
  • Special Features: NewHome

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Fireplace Features: Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, High Speed Internet, Low-Flow Fixtures, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Cabinets White, Kitchen Island, Pantry Walk-In, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Great Room - 1 Story, Living Room
  • Dining Room Features: Butlers Pantry, Open Concept
  • Square Footage: 3556.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Roommate Floor Plan, Split Bedroom Plan
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Shingle
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch
  • Exterior Features: Private Front Entry, Private Yard
  • View: Rural
  • Foundation: Slab

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage, Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Electric, Forced Air, Zoned
  • Laundry Features: Laundry Room, Mud Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts, 220 Volts, 220 Volts in Laundry

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc, Sidewalks, Street Lights
  • Association Fee: 900
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-554-1236
  • Home Warranty: Yes
  • Management Phone: 770-554-1236
  • Subdivision Complex: Chimney Creek

Association/Amenities

  • Management Company: Georgia Community Manageme

Schools

  • Elementary School: Poole's Mill
  • Middle School: Liberty - Forsyth
  • High School: West Forsyth

Lot Info

  • Acres: 0.2430
  • Lot: 124
  • Lot Features: Back Yard, Front Yard, Landscaped
  • Lot Dimensions: x 0
  • Parcel Number: 050 192
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 900

Tax Info

  • Assessor Parcel Number: 050-000-192
  • Close Date: 2022-07-21
  • Tax Year: 2021

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Poole's Mill
  • High School: West Forsyth
  • Middle School: Liberty - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Jul 21, 2022
Sold by
Src Residential Llc
Bought by
Rachakatla Sareen and Parre Yamini
Seller's Agent
Jennifer Hulsey
Ashton Woods Realty, LLC
Buyer's Agent
Raahul Singh
Virtual Properties Realty.com
List Price
$694,900
Sold Price
$702,099
Premium/Discount to List
$7,199
1.04%
Total Days on Market
9
Current Estimated Value
$774,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,789
Avg. Annual Appreciation
3.68%
Original Mortgage
$647,200
Outstanding Balance
$624,633
Interest Rate
5.54%
Estimated Equity
$151,014

Purchase Details

Closed on
Jan 4, 2022
Sold by
Adc Capital Llc
Bought by
Src Residential Llc

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
Rachakatla Sareen $702,100 Mcmichael & Gray Pc
Src Residential Llc $870,000 None Listed On Document
Src Residential Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rachakatla Sareen $647,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2022 07/21/22 Sold $702,099 +1.0% $197 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $694,900 -- $195 / 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
2024 $6,191 $279,400 $58,000 $221,400
2023 $4,849 $223,024 $58,000 $165,024
2022 $2,634 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: First Multiple Listing Service (FMLS)

MLS Number: 7059703

First Multiple Listing Service (FMLS)

APN: 050-192