NOT LISTED FOR SALE

14600 Cogburn Rd Alpharetta, GA 30004

Estimated Value: $739,000 - $3,452,000

21.5 Acres
$106,657 Price per Acre
936,540 Sq Ft Lot

Last Sold October 31, 2023

Last sale price $3,200,000 $2,100 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $12,396/month

235 Days on Market

Highlights

  • View of Trees or Woods
  • 21.5 Acre Lot
  • Corner Lot
  • Summit Hill Elementary School Rated A

About This Lot

As of October 2023

• ± 21.50 acre luxury home development site in Milton, GA
• Potential to develop up to eighteen homes on one-acre lots plus community amenity areas
• Average home price within half mile radius of site from Jan 2020 through July 2022 was $850,000
• Highest home sale within half mile radius of site from Jan 2020 through July 2022 was $4,600,000
• Milton, GA is home to some of the best schools in the state of Georgia | 24/7 Wall Street ranked Milton as the best place to live in Georgia
• According to Niche, Milton is the third best place to raise a family and one of the best suburbs to live in in Georgia
• Average household income of $289,800 within 1-mile radius of site
• This property is zoned for Summit Hill Elementary, Hopewell Middle and Cambridge High School
• City of Milton AG-1 zoning
• The property is located 5 miles from downtown Milton and Alpharetta, Halcyon and the Avalon. It is located 17 miles from Lake Lanier and 30 miles from downtown Atlanta

Last Agent to Sell the Property

Michael Wess, CCIM

Bull Realty, Inc. License #367265 Listed on: 10/14/2022

Co-Listed By

Andy Lundsberg

Bull Realty, Inc. License #256959

Last Buyer's Agent

Andy Lundsberg

Bull Realty, Inc. License #256959

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,068

Lot Details

  • 21.5 Acre Lot
  • Corner Lot
  • Property is zoned AG1

Property Views

  • Views of Woods

Schools

  • Summit Hill Elementary School
  • Hopewell Middle School
  • Cambridge High School

Listing and Financial Details

  • Assessor Parcel Number 22 506006790505

Property Details

Property Type

Land

Est. Annual Taxes

$14,068

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Current Classification: Undeveloped/Zoned Agriculture
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Exterior Features

  • View: Trees/Woods

Utilities

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

Schools

  • Elementary School: Summit Hill
  • Middle School: Hopewell
  • High School: Cambridge

Lot Info

  • Acres: 21.5000
  • Lot: .
  • Land/Lot: .
  • Possible Use: Residential
  • Section G M D: .
  • Current Zoning: AG1
  • Plat Book: .
  • Plat Page: .
  • Lot Features: Corner Lot
  • Lot Dimensions: X
  • Parcel Number: 22 506006790505
  • Price Acre Dollar: 148837.21
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 14068.00
  • Assessor Parcel Number: 22-5060-0679-050-5
  • Close Date: 2023-10-31
  • Tax Year: 2022

MLS Schools

  • Elementary School: Summit Hill
  • High School: Cambridge
  • Middle School: Hopewell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Oct 31, 2023
Sold by
One Four Six Hundred Llc
Bought by
Ccvh Cogburn Llc
Seller's Agent
Michael Wess, CCIM
Bull Realty, Inc.
Buyer's Agent
Andy Lundsberg
Bull Realty, Inc.
List Price
$5,300,000
Sold Price
$3,200,000
Premium/Discount to List
-$2,100,000
-39.62%
Views
302
Current Estimated Value
$2,293,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$906,874
Avg. Annual Appreciation
-14.96%

Purchase Details

Listed on
Jul 1, 2020
Closed on
Aug 31, 2021
Sold by
Foote Brenda D
Bought by
One Four Six Hundred Llc
Seller's Agent
Casey Schiltz
Atlanta Fine Homes Sotheby's International
Buyer's Agent
TIM NGUYEN
NOT A VALID MEMBER
List Price
$2,195,000
Sold Price
$2,200,000
Premium/Discount to List
$5,000
0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.85%

Purchase Details

Closed on
Aug 2, 2018
Sold by
Carolyn
Bought by
Trustee Of The Day Family Irrev Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ccvh Cogburn Llc $3,200,000 --
One Four Six Hundred Llc $2,200,000 --
Trustee Of The Day Family Irrev Trust -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $3,200,000 -28.9% $2,100 / Sq Ft
12/21/2022 12/21/22 Price Changed $4,500,000 -15.1% $2,953 / Sq Ft
10/14/2022 10/14/22 For Sale $5,300,000 +140.9% $3,478 / Sq Ft
08/31/2021 08/31/21 Sold $2,200,000 +0.2% $1,444 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $2,195,000 -0.2% $1,440 / Sq Ft
06/06/2021 06/06/21 Off Market $2,200,000 -- --
05/01/2021 05/01/21 Price Changed $2,195,000 -12.2% $1,440 / Sq Ft
01/07/2021 01/07/21 Price Changed $2,499,999 0.0% $1,640 / Sq Ft
01/07/2021 01/07/21 For Sale $2,499,999 +13.6% $1,640 / Sq Ft
01/01/2021 01/01/21 Off Market $2,200,000 -- --
07/01/2020 07/01/20 For Sale $2,686,729 -- $1,763 / 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 $3,426 -- -- --
2023 $3,426 $534,720 $447,400 $87,320
2022 $14,068 $534,720 $447,400 $87,320
2021 $7,645 $525,280 $473,880 $51,400
2020 $5,062 $346,560 $276,280 $70,280
2019 $0 $346,560 $276,280 $70,280
2018 $8,540 $489,880 $432,720 $57,160
2017 $3,066 $175,320 $130,400 $44,920
2016 $3,053 $175,200 $130,400 $44,800
2015 $3,060 $175,200 $130,400 $44,800
2014 $3,063 $175,200 $130,400 $44,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7136965

First Multiple Listing Service (FMLS)

APN: 22-5060-0679-050-5