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5125 Kings Common Way

5125 Kings Common Way, Cumming, GA 30040
Property in Forsyth
2 Units For Sale
Unit for sale at 5125 Kings Common Way, Cumming, GA 30040

$525,000

  • 2 Beds
  • 2 Baths
  • 2,177 ft²
5125 Kings Common Way #5125, Cumming, GA 30040 Listing by Sarah Simmons

Unit for sale at 5125 Kings Common Way, Cumming, GA 30040

$525,000

  • 2 Beds
  • 2 Baths
  • 2,177 ft²
5125 Kings Common Way, Cumming, GA 30040 Listing by Sarah Simmons

Local assessors in Cumming, GA have categorized 5125 Kings Common Way as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 9,583 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5125 Kings Common Way has a total of 2,177 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B-. The building has a roof that is made of asphalt. Lots of materials we are unsure of were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Dec 6, 2021 for $429,700. That's $197.38 per sqft. Prior to that sales transaction, the property was also sold in Jun 28, 2007 for $256,500. 5125 Kings Common Way was last assessed in 2023. The total value of the property was assessed at $181,316. Specifically, the land the property is located on was valued at $47,200. While improvements on the property were assessed at a total of $134,116. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,614. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!

Building Features

Driveway

Driveway

Parking

Garage Parking
Open Parking

Exterior

Concrete Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211103
11/03/2021
2 Bed
2 Bath
2177 ft²
$405,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
2177 ft²
$429,700 +5.86%
12/06/2021
Shari Clarke
Keller Williams Realty Community Partners

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Quality: B-
  • Construction Type: Masonry
  • Exterior Walls Type: Other
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 2,177
  • Building Area: 2,177
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,177
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KINGSWOOD
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2-1 199-234 LT105 UN2 KINGSWOOD @CASTLEBERRY

Ownership

  • Current Owner : STITH ROBERT G
  • Previous Owner : PAULK MARY I
  • Owner Before Previous Owner: PULTE HOME CORP
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Forsyth County School District
  • Census Tract: 130406

Zoning

  • Zoning: PUD

Geography

  • Account Number: 0000207623
  • Parcel: 104 377
  • Lot: 105
  • Municipality: COUNTY
  • Latitude: 34.1825
  • Longitude: -84.174

    Address

  • Full Address: 5125 Kings Common Way
  • Address - House Number: 5125
  • Address - Street Name: Kings Common
  • Address - Suffix Type: Way
  • State: GA
  • City Name: Cumming
  • Carrier Code: R002
  • 4-Digit Zip Code: 0557
  • Zip Code: 30040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,614
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1415
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 83
  • Final Value: 552,199
  • High Value: 630,336
  • Low Value: 474,062

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: JP MORGAN CHASE BANK
  • First Open Lien Mortgage Recording Date: Dec 06, 2021
  • First Open Lien Mortgage Loan Amount: $120,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2037

    Market Valuation

  • Market Total Value: $453,290
  • Market Land Value: $118,000
  • Market Improvement Value: $335,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $181,316
  • Assessed Land Value: $47,200
  • Assessed Improvements Value: $134,116

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 06, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Transaction ID: 11874463926
  • Current Sale Price: $429,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-015184
  • Previous Sale Recording Date: Jul 20, 2007
  • Previous Sale Contract Date: Jun 28, 2007
  • Previous Sale Amount: $256,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JP MORGAN CHASE BANK
  • First Mortgage Transaction Date: Dec 06, 2021
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2037

About Forsyth



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Frequently Asked Questions

What neighborhood is 5125 Kings Common Way located in?
The 5125 Kings Common Way is a located in the neighborhood of Forsyth in Forsyth, Cumming.
How many listings are currently for sale in 5125 Kings Common Way?
There are two listings currently on the market for sale.
What is the average sales price for listings in 5125 Kings Common Way?
The average sales price for units in 5125 Kings Common Way is $405,900 , or $186/sqft. currently.

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