NOT LISTED FOR SALE

1868 N Clement Rd Cumming, GA 30041

Big Creek Neighborhood

Estimated Value: $1,095,000 - $1,411,000

7 Acres
$180,918 Price per Acre
304,920 Sq Ft Lot

Last Sold July 30, 2021

Last sale price $990,000 $359 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,710/month

5 Days on Market

Highlights

  • Partially Wooded Lot
  • Pasture
  • High Speed Internet
  • Shiloh Point Elementary School Rated A

About This Lot

As of July 2021

RARE opportunity to own acreage in South Forsyth County! 7 acres (50-60% pasture & 40-50% wooded) with well-maintained custom built farmhouse. Unique floor plan - primary suite with fireplace, plus another bedroom/bathroom on the main level. Also on main level is dining room, office/living room, 2-story great room with fireplace, kitchen & laundry. 2nd level features 2 spacious bedrooms joined by jack-n-jill bathroom, a huge bonus room that could be used as a 5th bedroom, and attic storage. Terrace level includes game room with fireplace, full bathroom, workshop & unfinished storage area. The front 50-60% of the property is rolling pasture land. The back 40-50% of the property is wooded with creek that flows year-round. The property is currently on septic system; however, public sewer is accessible. Ideal for an in-town private retreat (NO HOA), an equestrian farm, a family compound, or potential for multiple home sites. Fantastic opportunity awaiting your updates and dreams. Excellent schools & convenient to everything!

Last Agent to Sell the Property

Glen Sloan

Sloan & Company Real Estate License #350436 Listed on: 06/18/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,518

Lot Details

  • Sloped Lot
  • Partially Wooded Lot
  • Zoning described as Agricultural

Schools

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

Farming

  • Pasture

Utilities

  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$9,518

Lot Details

0

Listing Details

  • Property Type: Land
  • Financing Type: Conventional
  • Road Surface Type: Paved
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Pasture, Sloped

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Sewer Available, Phone Available, Water Available

Schools

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

Lot Info

  • Zoning Description: Agricultural

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Aug 2, 2021
Sold by
Rice Carden B
Bought by
Gopu Apparao and Gopu Shrilalitha
Seller's Agent
Glen Sloan
Sloan & Company Real Estate
List Price
$1,000,000
Sold Price
$990,000
Premium/Discount to List
-$10,000
-1%
Current Estimated Value
$1,263,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,358
Avg. Annual Appreciation
6.28%
Original Mortgage
$716,000
Outstanding Balance
$643,446
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$622,982

Purchase Details

Closed on
May 20, 2009
Sold by
Rice Marvin M
Bought by
Rice Carden B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
4.86%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 1, 1999
Sold by
Rice Carden B
Bought by
Rice Carden B and Rice Marvin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.49%
Mortgage Type
Credit Line Revolving
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
Gopu Apparao $990,000 --
Rice Carden B -- --
Rice Carden B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gopu Apparao $158,990
Open Gopu Apparao $716,000
Closed Gopu Apparao $716,000
Previous Owner Rice Marvin M $246,500
Previous Owner Rice Marvin M $250,000
Previous Owner Rice Marvin M $200,000
Previous Owner Rice Marvin M $75,000
Previous Owner Rice Marvin M $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $990,000 -1.0% $359 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $1,000,000 -- $362 / 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 $9,518 $411,792 $193,200 $218,592
2023 $9,198 $412,832 $212,520 $200,312
2022 $9,079 $181,376 $100,800 $80,576
2021 $968 $181,376 $100,800 $80,576
2020 $4,438 $177,904 $100,800 $77,104
2019 $4,206 $166,352 $90,720 $75,632
2018 $3,931 $152,440 $84,000 $68,440
2017 $3,761 $143,648 $84,000 $59,648
2016 $3,406 $126,848 $67,200 $59,648
2015 $3,412 $126,848 $67,200 $59,648
2014 $3,141 $121,936 $67,200 $54,736
Source: Public Records

Agents Affiliated with this Home

  • Glen Sloan

    Seller's Agent in 2021

    Glen Sloan

    Sloan & Company Real Estate

    (678) 234-8305

    4 in this area

    76 Total Sales

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Map

Source: Georgia MLS

MLS Number: 8999921

Georgia MLS

APN: 086-021

Georgia Forsyth County Cumming 30041 Big Creek

1868 N Clement Rd, Cumming, GA

This home is located at 1868 N Clement Rd, Cumming, GA 30041 since 18 June 2021 and is currently estimated at $1,266,428, approximately $458 per square foot. 1868 N Clement Rd is a home located in Forsyth County with nearby schools including Shiloh Point Elementary School, Piney Grove Middle School, and Denmark High School.

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