$1,400,000
SOLD FEB 28, 2025
4.34 Acres
$322,581 Price per Acre
189,050 Sq Ft Lot

Recently Sold

$716 Per Sq Ft

27% Above List Price

11 Days on Market

Highlights

  • Second Garage
  • 4.34 Acre Lot
  • High Speed Internet
  • Shiloh Point Elementary School Rated A
  • Private Lot

About This Lot

As of February 2025

Rare opportunity for a builder/developer in South Forsyth! This gorgeous 4.34 acre lot is located just minutes from GA 400 and is surrounded by other single family developments. Conveniently located between Exit 12 (McFarland Pkwy) and Exit 13 (Peachtree Pkwy) and in the Denmark HS district. The property has approximately 300 +/- ft of road frontage on Stoney Point Rd and has a mixture of open land and woods with a very gentle topography. This is ideal for single-family development and has the potential for a total of 40 +/- acres to develop if purchased along with 1550 Stoney Point Rd (35.72+/- acres) as it borders this property. Land like this doesn't come up for sale very often in this location! This would be ideal for an experienced developer who has worked in Forsyth County.

Last Agent to Sell the Property

Michael Ovbey

RE/MAX Town & Country License #175523 Listed on: 02/21/2024

RE/MAX Town & Country

Last Buyer's Agent

Jacquelyn Struble

Virtual Properties Realty.com License #340040

Virtual Properties Realty.com

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $851

Lot Details

  • 4.34 Acre Lot
  • Property fronts a county road
  • Private Lot
  • Level Lot

Parking

  • Garage
  • Second Garage

Schools

  • Shiloh Point Elementary School
  • Piney Grove Middle School
  • Denmark High School

Utilities

  • Underground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 668

Property Details

Property Type

Land

Est. Annual Taxes

$851

Lot Details

0

Listing Details

  • Property Type: Land
  • District: 2
  • Section: 1
  • Co List Office: RMTC01
  • Financing Type: Cash
  • Lot Size Acres: 4.34
  • Other Sturctures: Second Garage
  • Property Sub-Type: Unimproved Land
  • Road Frontage Type: County Road
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 253456

Exterior Features

  • Frontage Road: 300
  • Lot Features: Level, Private, Sloped

Utilities

  • Sewer: Other, Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: None

Schools

  • Elementary School: Shiloh Point
  • High School: Denmark
  • High School Bus: Yes
  • Middle School: Piney Grove
  • Middle School Bus: Yes
  • Elementary School: Shiloh Point
  • Middle School: Piney Grove
  • High School: Denmark

Lot Info

  • Land Lot: 668

Tax Info

  • Year: 2022
  • Tax Annual Amount: 851

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Feb 28, 2025
Sold by
Stone Rebecca Gibson and Stone James H
Bought by
1550 Stoneypoint Llc
Seller's Agent
Michael Ovbey
RE/MAX Town & Country
Buyer's Agent
Jacquelyn Struble
Virtual Properties Realty.com
List Price
$1,100,000
Sold Price
$1,400,000
Premium/Discount to List
$300,000
27.27%
Views
18
Current Estimated Value
$1,194,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$205,769
Avg. Annual Appreciation
-20.24%
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Special Warranty Deed $1,400,000 None Listed On Document
Special Warranty Deed $1,400,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $103,735 Stand Alone Second
Previous Owner $115,100 Stand Alone Second
Previous Owner $58,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $194,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $1,400,000 +27.3% $716 / Sq Ft
03/03/2024 03/03/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $1,100,000 -- $562 / Sq Ft
Source: Georgia MLS

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
2024 $827 $277,908 $136,448 $141,460
2023 $771 $285,396 $150,096 $135,300
2022 $851 $166,260 $71,872 $94,388
2021 $785 $166,260 $71,872 $94,388
2020 $782 $163,164 $71,872 $91,292
2019 $781 $154,760 $64,684 $90,076
2018 $779 $136,428 $59,892 $76,536
2017 $3,168 $123,192 $59,892 $63,300
2016 $757 $111,212 $47,912 $63,300
2015 $757 $111,212 $47,912 $63,300
2014 $708 $107,000 $47,912 $59,088
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20172295

Georgia MLS

APN: 109-004