$793,085
SOLD DEC 23, 2024

0 Matt Hwy Unit 7388483 Cumming, GA 30028

7.99 Acres
$99,260 Price per Acre
348,044 Sq Ft Lot

Recently Sold

34% Below List Price

182 Days on Market

Highlights

  • Pine Trees
  • Property is near schools
  • Trails
  • Coal Mountain Elementary School Rated A

About This Lot

As of December 2024

This is a unique opportunity to own 8 acres of undeveloped land directly on State Highway 369 in the highly desirable Coal Mountain area of North Forsyth. Situated only a mile from the upcoming Coal Mountain Town Center, this property is also within walking distance to elementary, middle, and high schools, and just a short distance to the new Matt Community. The land is all buildable, offering great potential for either commercial or residential development. With its prime location in a rapidly developing area, this property presents an ideal investment opportunity. Don't miss out on securing a prime piece of real estate with endless possibilities. Water, gas, and power available. Sewer lines are within a half mile of the property with the potential for future connections. Approximately 13,000 vehicles per day travel in front of this property per Georgia Department of Transportation Traffic Counts. 125ft+ road frontage.

Last Agent to Sell the Property

Coleman Group

Maximum One Premier Realtors Listed on: 05/17/2024

Maximum One Premier Realtors

Co-Listed By

Sarah Coleman

Maximum One Premier Realtors License #371407

Last Buyer's Agent

Gaby Richmond

Century 21 Connect Realty License #429877

Century 21 Connect Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,667

Lot Details

  • 7.99 Acre Lot
  • Property fronts a highway
  • Pine Trees
  • Wooded Lot
  • Property is zoned A1

Location

  • Property is near schools
  • Property is near shops

Schools

  • Coal Mountain Elementary School
  • North Forsyth Middle School
  • North Forsyth High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Trails

Listing and Financial Details

  • Assessor Parcel Number 168 019

Property Details

Property Type

Land

Est. Annual Taxes

$3,667

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: 3-1 536-535-546
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Unimproved Land
  • Current Classification: Undeveloped/Zoned Agriculture
  • Special Features: None

Property Details

  • Property: Land

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Schools, Near Shopping, Near Trails/Greenway

Schools

  • Elementary School: Coal Mountain
  • Middle School: North Forsyth
  • High School: North Forsyth

Lot Info

  • Acres: 7.9900
  • Timber: Hardwoods, Mixed, Pine
  • Land/Lot: 535-6,546
  • Possible Use: Agricultural, Commercial, Industrial, Office, Residential, Retail, Warehouse
  • Section G M D: 1
  • Current Zoning: A1
  • Plat Book: 25
  • Plat Page: 43
  • Current Use: Agricultural, Residential
  • Lot Dimensions: x
  • Parcel Number: 168 019
  • Price Acre Dollar: 99259.70
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 3667.00
  • Assessor Parcel Number: 168-000-019
  • Close Date: 2024-12-23
  • Tax Year: 2023

MLS Schools

  • Elementary School: Coal Mountain
  • High School: North Forsyth
  • Middle School: North Forsyth

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2024 12/23/24 Sold $793,085 -33.9% --
11/15/2024 11/15/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $1,200,000 -- --
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7388483

First Multiple Listing Service (FMLS)