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5335 Breckinridge Lane

5335 Breckinridge Lane, Cumming, GA 30040
House in Forsyth
Sold Jul 17, 2020
$408,000
$504,680 by Loandepot.com, Llc
Mortgage Due Sep 01, 2053
Sold May 31, 2012
$256,300
$232,230 by Suntrust Bank
Mortgage
5335 Breckinridge Lane in Cumming, GA was first built in 2012 and is 12 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5335 Breckinridge Lane has 3,402 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,405 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a garage. The garage is 462 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B-. The exterior walls of the home are made of materials we are unsure of. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5335 Breckinridge Lane sold most recently in Jul 17, 2020 for a total of $408,000. If you work out the math, that's approximately a cost of $119.93 per sqft. Before that, the property was also sold for $256,300 in May 31, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,943 in taxes each year. 5335 Breckinridge Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $233,552. If we break it down further, the land itself was valued at $60,000. Improvements to the property, however, were assessed at a total of $173,552. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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
Concrete Exterior

Parking

Garage Parking
Open Parking

Driveway

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

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Quality: B-
  • Construction Type: Masonry
  • Exterior Walls Type: Other
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 3,402
  • Building Area: 3,402
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,402
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALLACE RUN
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2-1 675 LT 45 PH 2 WALLACE RUN

Ownership

  • Current Owner : SHIREY CHARLES W
  • Previous Owner : AKINYELE JOHN OLUKUNLE
  • Owner Before Previous Owner: WILSON PARKER HOMES OF WAL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Forsyth County School District
  • Census Tract: 130603

Zoning

  • Zoning: RES4

Geography

  • Account Number: 0000170435
  • Subdivision Phase Number: 2
  • Parcel: 063 485
  • Lot: 45
  • Municipality: COUNTY
  • Latitude: 34.1337
  • Longitude: -84.2121

    Address

  • Full Address: 5335 Breckinridge Ln
  • Address - House Number: 5335
  • Address - Street Name: Breckinridge
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Cumming
  • Carrier Code: R035
  • 4-Digit Zip Code: 8101
  • Zip Code: 30040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,943
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1461
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 82
  • Final Value: 679,419
  • High Value: 778,695
  • Low Value: 580,144

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $504,680
  • First Open Lien Mortgage Lender: LOANDEPOT.COM, LLC
  • First Open Lien Mortgage Recording Date: Aug 15, 2023
  • First Open Lien Mortgage Loan Amount: $504,680
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $583,880
  • Market Land Value: $150,000
  • Market Improvement Value: $433,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $233,552
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $173,552

    Sales

  • Current Sale Contract Date: Jul 17, 2020
  • Current Sale Recording Date: Jul 17, 2020
  • Current Sale Transaction ID: 11779768887
  • Current Sale Price: $408,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-006717
  • Previous Sale Recording Date: May 31, 2012
  • Previous Sale Contract Date: May 31, 2012
  • Previous Sale Amount: $256,300
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP
  • First Mortgage Transaction Date: Jul 17, 2020
  • First Mortgage Loan Amount: $400,610
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST BANK
  • Previous Mortgage Transaction Date: May 31, 2012
  • Previous Mortgage Loan Amount: $232,230
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Forsyth



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Nearby Rentals

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$2,350 /mo

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  • 2.5 Baths
  • 1,900 ft²
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$2,600 /mo

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Unit for rent at

$2,710 /mo

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Unit for rent at

$2,500 /mo

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  • 2,000 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 5335 Breckinridge Lane located in?
The 5335 Breckinridge Lane is a house located in the neighborhood of Forsyth in Forsyth, Cumming.
What is the average sales price for listings in 5335 Breckinridge Lane?
The average sales price for units in 5335 Breckinridge Lane is $0 currently.

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