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5720 Oak Drive

5720 Oak Drive, Cumming, GA 30040
Property in Forsyth
Sold Dec 16, 2014
$193,000
$154,400 by Venta Financial Group Inc
Mortgage Due Dec 16, 2044
Sold Aug 18, 2011
$153,000
$153,000 by Regions Bank
Mortgage
Local assessors in Cumming, GA have categorized 5720 Oak Drive as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 31,799 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, 4 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 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5720 Oak Drive has a total of 2,143 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 460 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 - C. The building has a gable style roof that was 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5720 Oak Drive was last sold in Dec 16, 2014 for $193,000. According to our calculations, that's $90.06 per sqft. Prior to that sales transaction, the property was sold for $153,000 in Aug 18, 2011. Current property owners are expected to pay $3,596 in taxes per year. The property on 5720 Oak Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $146,100. To break that down further, the land itself was valued at $36,000. While improvements to the property were assessed at a total of $110,100. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 819
  • Garage Type: Garage
  • Garage Square Area: 460
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 31,799
  • Total Building Area: 2,143
  • Building Area: 2,143
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,143
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GOLDEN OAKS
  • Land Acres: 0.73
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 3-1 383 LT 14 GOLDEN OAKS

Ownership

  • Current Owner : GARCIA ALBERTO A GARCIA
  • Previous Owner : SANFORD ASHLEY A
  • Owner Before Previous Owner: REGENT CAPITAL INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Forsyth County School District
  • Census Tract: 130203

Zoning

  • Zoning: R2R

Geography

  • Account Number: 0000138816
  • Parcel: 119 082
  • Lot: 14
  • Municipality: COUNTY
  • Latitude: 34.297
  • Longitude: -84.1613

    Address

  • Full Address: 5720 Oak Dr
  • Address - House Number: 5720
  • Address - Street Name: Oak
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Cumming
  • Carrier Code: R058
  • 4-Digit Zip Code: 9102
  • Zip Code: 30040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,596
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 80
  • Final Value: 450,088
  • High Value: 519,964
  • Low Value: 380,212

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $154,400
  • First Open Lien Mortgage Lender: VENTA FINANCIAL GROUP INC
  • First Open Lien Mortgage Recording Date: Dec 16, 2014
  • First Open Lien Mortgage Loan Amount: $154,400
  • 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: Dec 16, 2044

    Market Valuation

  • Market Total Value: $365,250
  • Market Land Value: $90,000
  • Market Improvement Value: $275,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $146,100
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $110,100

    Sales

  • Current Sale Contract Date: Dec 16, 2014
  • Current Sale Recording Date: Dec 16, 2014
  • Current Sale Transaction ID: 1078559477
  • Current Sale Price: $193,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014-011564
  • Previous Sale Recording Date: Aug 18, 2011
  • Previous Sale Contract Date: Aug 18, 2011
  • Previous Sale Amount: $153,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VENTA FINANCIAL GROUP INC
  • First Mortgage Transaction Date: Dec 19, 2014
  • First Mortgage Loan Amount: $154,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS BANK
  • Previous Mortgage Transaction Date: Aug 18, 2011
  • Previous Mortgage Loan Amount: $153,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Forsyth



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Frequently Asked Questions

What neighborhood is 5720 Oak Drive located in?
The 5720 Oak Drive is a located in the neighborhood of Forsyth in Forsyth, Cumming.
What is the average sales price for listings in 5720 Oak Drive?
The average sales price for units in 5720 Oak Drive is $0 currently.

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