NOT LISTED FOR SALE

1840 Pilgrim Mill Rd Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $915,000 - $2,505,000

15.36 Acres
$95,620 Price per Acre
669,082 Sq Ft Lot

Last Sold July 26, 2017

Last sale price $415,000 $226 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $8,753/month

Highlights

  • 15.36 Acre Lot
  • Partially Wooded Lot
  • 1-Story Property
  • Otwell Middle School Rated A
  • Traditional Architecture
  • Grass Covered Lot

About This Lot

As of July 2017

A rare, larger tract, near Cumming just off GA400 in rapidly growing area! Zoned R2R (1.98 homes per acre) or potential commercial use. Additional 3.67 adjoining acres may be available.

Last Agent to Sell the Property

Patrick Bell

BHGRE Metro Brokers License #350233 Listed on: 01/18/2017

BHGRE Metro Brokers

Co-Listed By

Bell Nash

NOT A VALID MEMBER License #Dup

Last Buyer's Agent

Patrick Bell

BHGRE Metro Brokers License #350233 Listed on: 01/18/2017

BHGRE Metro Brokers

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,062

Year Built

  • Built in 1987

Lot Details

  • 15.36 Acre Lot
  • Sloped Lot
  • Partially Wooded Lot
  • Grass Covered Lot
  • Property is zoned R2R

Home Design

  • Traditional Architecture

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Cumming Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Listing and Financial Details

  • Assessor Parcel Number 220 449

Property Details

Property Type

Land

Est. Annual Taxes

$9,062

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1987
  • Levels Stories: One
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Beds/Baths

  • Total Bedrooms: 3
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2

Schools

  • Elementary School: Cumming
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Acres: 15.3600
  • Land/Lot: 30 & 89
  • Possible Use: Office, Residential
  • Section G M D: 1
  • Current Zoning: R2R
  • Deed Book: 4994
  • Deed Page: 1
  • Current Use: Residential
  • House On Property: Yes
  • Lot Features: Sloped
  • Lot Dimensions: SEE PLAT
  • Parcel Number: 220 449
  • Price Acre Dollar: 27018.00
  • Property Attached Yn: No

Tax Info

  • Taxes: 9062.00
  • Assessor Parcel Number: 220-000-449
  • Close Date: 2017-07-26
  • Tax Year: 2016

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Cumming
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2025
Sold by
Saarvi Investment Partners Llc
Bought by
Tamarack Land-Pilgrim Mill Llc
Current Estimated Value
$1,468,718

Purchase Details

Listed on
Jan 18, 2017
Closed on
Jul 26, 2017
Sold by
Echols Theresa Tiner
Bought by
Saarvi Investment Partners
Seller's Agent
Patrick Bell
BHGRE Metro Brokers
Buyer's Agent
Patrick Bell
BHGRE Metro Brokers
List Price
$768,000
Sold Price
$415,000
Premium/Discount to List
-$353,000
-45.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.56%

Purchase Details

Closed on
Dec 21, 2007
Sold by
Tiner Mildred D
Bought by
Echols Theresa T
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
Tamarack Land-Pilgrim Mill Llc $80,000 None Listed On Document
Tamarack Land-Pilgrim Mill Llc $80,000 None Listed On Document
Saarvi Investment Partners $415,000 --
Echols Theresa T -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2017 07/26/17 Sold $415,000 -46.0% $226 / Sq Ft
06/01/2017 06/01/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $768,000 -- $419 / 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 $11,869 $672,680 $560,000 $112,680
2024 $11,869 $484,008 $374,256 $109,752
2023 $11,352 $461,204 $357,984 $103,220
2022 $9,654 $277,012 $204,424 $72,588
2021 $7,649 $277,012 $204,424 $72,588
2020 $7,029 $254,560 $184,952 $69,608
2019 $5,348 $193,388 $124,200 $69,188
2018 $4,591 $166,000 $142,720 $23,280
2017 $9,915 $357,260 $307,200 $50,060
2016 $9,063 $326,540 $276,480 $50,060
2015 $5,663 $203,660 $153,600 $50,060
2014 $5,287 $199,712 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Bell

    Seller's Agent in 2017

    Patrick Bell

    Better Homes and Gardens Real Estate

    (404) 843-2500

    3 in this area

    16 Total Sales

    Patrick Bell
    Section Image

  • B

    Seller Co-Listing Agent in 2017

    Bell Nash

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5794497

First Multiple Listing Service (FMLS)

APN: 220-449

Georgia Forsyth County Cumming 30041 Lake Lanier

1840 Pilgrim Mill Rd, Cumming, GA

This home is located at 1840 Pilgrim Mill Rd, Cumming, GA 30041 since 18 January 2017 and is currently estimated at $1,468,718, approximately $801 per square foot. This property was built in 1987. 1840 Pilgrim Mill Rd is a home located in Forsyth County with nearby schools including Cumming Elementary School, Otwell Middle School, and Forsyth Central High School.

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