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5040 Cinnabar Drive

5040 Cinnabar Drive, Alpharetta, GA 30022
Sold Feb 28, 2020
$329,000
$312,550 by Prime Home Loans
Mortgage Due Jan 01, 2050
Sold Aug 05, 2019
$341,500
5040 Cinnabar Drive has been categorized by the local assessors in Alpharetta, GA as a residential type of property. The building on the property was first built in 1991 and is 33 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5040 Cinnabar Drive has 2,232 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,542 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 400 sqft. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B- by the local assessor. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, the home is utilizing gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5040 Cinnabar Drive sold most recently in Feb 28, 2020 for a total of $329,000. If you work out the math, that's approximately a cost of $147.40 per sqft. Before that, the property was also sold for $341,500 in Aug 5, 2019. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,617 in taxes each year. 5040 Cinnabar Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $163,560. If we break it down further, the land itself was valued at $36,640. Improvements to the property, however, were assessed at a total of $126,920. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
Open Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: B-
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,542
  • Total Building Area: 2,232
  • Building Area: 2,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,232
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SILVER RDG
  • Land Acres: 0.242
  • Standard Land Use Code: Single family residential
  • Legal Description 1: AN PERMIT TAKEN OUT TO REPLACE ROOF 0811

Ownership

  • Current Owner : PARK MIN HO
  • Previous Owner : SPH PROPERTY ONE LLC
  • Owner Before Previous Owner: HOLYFIELD CANDI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fulton County School District
  • Census Tract: 011633

Zoning

  • Zoning: TRC

Geography

  • District: 57
  • Parcel: 11 056402010291
  • Block: A
  • Lot: 79
  • Municipality: CITY OF JOHNS CREEK
  • Latitude: 34.0516
  • Longitude: -84.2125

    Address

  • Full Address: 5040 Cinnabar Dr
  • Address - House Number: 5040
  • Address - Street Name: Cinnabar
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Alpharetta
  • Carrier Code: R070
  • 4-Digit Zip Code: 7922
  • Zip Code: 30022

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,617
  • Tax Rate Code Area: 57

    Appraisal Valuation

  • Standard Deviation: 0.1829
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 499,766
  • High Value: 591,211
  • Low Value: 408,321

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $312,550
  • First Open Lien Mortgage Lender: PRIME HOME LOANS
  • First Open Lien Mortgage Recording Date: Feb 28, 2020
  • First Open Lien Mortgage Loan Amount: $312,550
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2050

    Market Valuation

  • Market Total Value: $408,900
  • Market Land Value: $91,600
  • Market Improvement Value: $317,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $163,560
  • Assessed Land Value: $36,640
  • Assessed Improvements Value: $126,920

    Sales

  • Current Sale Contract Date: Feb 28, 2020
  • Current Sale Recording Date: Feb 28, 2020
  • Current Sale Transaction ID: 11748378929
  • Current Sale Price: $329,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-008438
  • Previous Sale Recording Date: Aug 05, 2019
  • Previous Sale Contract Date: Aug 05, 2019
  • Previous Sale Amount: $341,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIME HOME LOANS
  • First Mortgage Transaction Date: Feb 28, 2020
  • First Mortgage Loan Amount: $312,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

About Silver Ridge



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Nearby Rentals

Unit for rent at

$1,995 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,280 ft²
Listing by MARK G VONDER MEULEN
Unit for rent at

$2,000 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,196 ft²
Listing by Elizabeth Gelber

Frequently Asked Questions

What neighborhood is 5040 Cinnabar Drive located in?
The 5040 Cinnabar Drive is a house located in the neighborhood of Silver Ridge in Silver Ridge, Alpharetta.
What is the average sales price for listings in 5040 Cinnabar Drive?
The average sales price for units in 5040 Cinnabar Drive is $0 currently.

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