NOT LISTED FOR SALE

13040 Cogburn Rd Alpharetta, GA 30004

Estimated Value: $702,000 - $822,000

1.51 Acres
$500,914 Price per Acre
65,776 Sq Ft Lot

Last Sold December 10, 2020

Last sale price $450,000 $275 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,314/month

190 Days on Market

Highlights

  • City View
  • Cogburn Woods Elementary School Rated A
  • Corner Lot

About This Lot

As of December 2020

Potential re-development opportunity of a 1.51 Acre near prime corner on Milton/Alpharetta Boundary. In the Windward Parkway commercial corridor area. Main House has 3 bedrooms, 1 Rec Room, 3 full bathrooms and 1 half bathroom while the Detached House has 1 bedroom and 1 bathroom. Traffic signal controlled intersection adjacent. Current zoning is AG-1. Two residential buildings on a property. Do Not Disturb Tenants. Detached home is one level, one bedroom and 1 bath.

Last Agent to Sell the Property

Ken Baldwin

NOT A VALID MEMBER License #354755 Listed on: 04/30/2020

NOT A VALID MEMBER

Last Buyer's Agent

Ken Baldwin

NOT A VALID MEMBER License #354755 Listed on: 04/30/2020

NOT A VALID MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,635

Year Built

  • Built in 1960

Lot Details

  • 1.51 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned AG1

Interior Spaces

  • 2-Story Property
  • City Views

Bedrooms and Bathrooms

Schools

  • Cogburn Woods Elementary School
  • Hopewell Middle School
  • Cambridge High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 22 511010500247

Property Details

Property Type

Land

Est. Annual Taxes

$1,635

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Current Classification: Developed/Zoned Residential
  • Property Condition: Resale
  • Year Built: 1960
  • Levels Stories: Two
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Res Developed Lots

Interior Features

  • Additional Rooms: Other

Beds/Baths

  • Total Bedrooms: 4
  • Lower Bedrooms: 1
  • Main Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Main Full Bathrooms: 3
  • Lower Half Bathrooms: 1

Exterior Features

  • View: City

Utilities

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

Schools

  • Elementary School: Cogburn Woods
  • Middle School: Hopewell
  • High School: Cambridge

Lot Info

  • Acres: 1.5100
  • Land/Lot: 1049,1050
  • Possible Use: Commercial, Office, Residential
  • Section G M D: 2nd
  • Current Zoning: AG1
  • Deed Book: 53266
  • Deed Page: 186
  • Current Use: Residential
  • House On Property: Yes
  • Lot Features: Corner Lot, Curbs & Gutters, Level, Sidewalk, Street Lights
  • Lot Dimensions: x
  • Parcel Number: 22 511010500247
  • Price Acre Dollar: 298013.25
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 22-5110-1050-024-7
  • Close Date: 2020-12-10
  • Tax Year: 2020

MLS Schools

  • Elementary School: Cogburn Woods
  • High School: Cambridge
  • Middle School: Hopewell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2020
Closed on
Dec 10, 2020
Sold by
Wilkie Margie Dean Estate
Bought by
Lr Home Grp Llc
Seller's Agent
Ken Baldwin
NOT A VALID MEMBER
Buyer's Agent
Ken Baldwin
NOT A VALID MEMBER
List Price
$599,000
Sold Price
$450,000
Premium/Discount to List
-$149,000
-24.87%
Current Estimated Value
$756,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,380
Avg. Annual Appreciation
12.01%
Original Mortgage
$450,000
Outstanding Balance
$404,074
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$352,306

Purchase Details

Closed on
Jan 31, 2000
Sold by
Wilkie Elmer L and Wilkie Margie
Bought by
Mclaughlin Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
8.11%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lr Home Grp Llc $450,000 --
Mclaughlin Mike $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lr Home Grp Llc $450,000
Closed Lr Home Grp Llc $450,000
Previous Owner Mclaughlin Mike $263,860
Previous Owner Mclaughlin Mike $270,000
Previous Owner Wilkie Elmer $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2020 12/10/20 Sold $450,000 -16.5% $275 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
10/01/2020 10/01/20 Price Changed $539,000 -10.0% $330 / Sq Ft
04/30/2020 04/30/20 For Sale $599,000 -- $367 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,635 $330,600 $40,880 $289,720
2023 $8,269 $292,960 $67,360 $225,600
2022 $5,231 $198,840 $23,760 $175,080
2021 $6,246 $193,080 $23,080 $170,000
2020 $1,259 $159,720 $22,800 $136,920
2019 $396 $156,880 $22,400 $134,480
2018 $2,282 $138,240 $67,200 $71,040
2017 $1,226 $76,080 $20,240 $55,840
2016 $1,221 $76,080 $20,240 $55,840
2015 $1,512 $76,080 $20,240 $55,840
2014 $1,223 $76,080 $20,240 $55,840
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Ken Baldwin

    NOT A VALID MEMBER

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6717109

First Multiple Listing Service (FMLS)

APN: 22-5110-1050-024-7

Georgia Fulton County Alpharetta 30004

13040 Cogburn Rd, Alpharetta, GA

This home is located at 13040 Cogburn Rd, Alpharetta, GA 30004 since 30 April 2020 and is currently estimated at $756,380, approximately $462 per square foot. This property was built in 1960. 13040 Cogburn Rd is a home located in Fulton County with nearby schools including Cogburn Woods Elementary School, Hopewell Middle School, and Cambridge High School.

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