NOT LISTED FOR SALE

1981 W Canton Hwy Cumming, GA 30040

Estimated Value: $544,000 - $1,019,943

8 Acres
$107,830 Price per Acre
361,548 Sq Ft Lot

Last Sold February 21, 2025

Last sale price $1,000,000

Est. 11% decrease in value since last sale

Current estimated payment $4,770/month

990 Days on Market

Highlights

  • Home fronts a creek
  • Private Lot
  • No HOA
  • Sawnee Elementary School Rated A
  • Partially Wooded Lot
  • Shed

About This Lot

As of February 2025

LOCATION, LOCATION, LOCATION!! PRICE IMPROVEMENT! This piece of real estate is in a prime location for commercial development as it is located in one of the fastest growing, fastest expanding areas in North Georgia! Potential Commercial on Hwy. 20, being expanded from I-575 in Canton to Cumming. This property is less than 3 miles from the new Cumming City Center. Where better to build your business?! Great opportunity for multi dwellings, or hotels, the possibilities are endless! There are two dwellings on the property, both are occupied, please DO NOT DISTURB; We are listing for land/commercial potential Preferred closing attorney David Strauss; O'Kelley & Sorohan (Cumming Office)

Last Agent to Sell the Property

Connie Crotzer

Keller Williams Community Partners License #413717 Listed on: 04/12/2022

Keller Williams Community Partners

Last Buyer's Agent

Osmara Martinez

Keller Williams Community Partners License #418199

Keller Williams Community Partners

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $248

Year Built

  • 1991

Lot Details

  • 8.3 Acre Lot
  • Home fronts a creek
  • Property fronts a highway
  • Private Lot
  • Partially Wooded Lot

Additional Homes

  • Residence on Property

Schools

  • Sawnee Elementary School
  • Otwell Middle School
  • West Forsyth High School

Utilities

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

Listing and Financial Details

  • Tax Lot 953

Community Details

Overview

  • No Home Owners Association

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$248

Year Built

1991

Lot Details

0

Listing Details

  • Property Type: Land
  • District: 3
  • Section: 1
  • Financing Type: Other
  • Lot Size Acres: 8.30
  • Other Sturctures: Residence, Shed(s)
  • Property Sub-Type: Residential Lot
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1991

Interior Features

  • Price Per Square Foot: 132530
  • Possible Use: Commercial

Exterior Features

  • Lot Features: Private
  • Waterfront Features: No Dock Or Boathouse, Creek

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Sawnee
  • High School: West Forsyth
  • Middle School: Otwell
  • Elementary School: Sawnee
  • Middle School: Otwell
  • High School: West Forsyth

Lot Info

  • Land Lot: 953
  • Deed Book: 10033
  • Deed Page: 0285
  • CurrentUse: Other

Tax Info

  • Year: 2021
  • Tax Annual Amount: 81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
Feb 13, 2025
Sold by
Johnston Lisa and Johnston Stanley
Bought by
Morales Santos Victor
Seller's Agent
Connie Crotzer
Keller Williams Community Partners
Buyer's Agent
Osmara Martinez
Keller Williams Community Partners
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Total Days on Market
990
Views
252
Current Estimated Value
$894,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$105,014
Avg. Annual Appreciation
-33.70%
Original Mortgage
$637,000
Outstanding Balance
$635,934
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$259,052
Source: Public Records

Similar Properties in Cumming, GA

  • 3760 Castleberry Rd, Cumming, GA 30040

    $800,000

    • Land
    • 9 Acres
    • $91,324 per Acre
    • 3760 Castleberry Rd
    • Cumming, GA

    Price REDUCED! Build your forever family compound, private estate, or horse farm on this piece of land, or build a few homes in awesome Forsyth County! The property is dissected by the Sawmill Branch. All utilities are available, including sewer and water. Tract 6 has a 32x76 double-wide trailer built in 2001 that could be used as a rental income property, guest house, groundskeeper's house, you

    Mike Garcia Maximum One Premier Realtors

    Section Image
  • 8215 Wallace Tatum Rd, Cumming, GA 30028

    $720,000

    • Land
    • 8 Acres
    • $90,000 per Acre
    • 8215 Wallace Tatum Rd
    • Cumming, GA

    8+/- ACRES ON SETTINGDOWN CREEK AND FUTURE PHASE 2 OF THE BIG CREEK GREENWAY. THE SITE IS WONDERFULLY PRIVATE. ONE OR TWO SINGLE FAMILY HOMES COULD BE BUILT ON THE SITE. OR THE LOT IS A POSSIBLE ASSEMBLAGE WITH THE ADJACENT 22.74+/- ACRE SITE. (PARCEL ID 048 050 FMLS LISTING 7317575). SELLER WILL SELL SUBJECT TO ZONING IF THE SITE IS DESIRED AS PART OF AN ASSEMBLAGE FOR SINGLE FAMILY (RES 2) HOME

    Michelle Toups Georgia Brokers Real Estate

    Section Image
  • 8265 Seabolt Dr, Cumming, GA 30028

    $899,000

    • Land
    • 8 Acres
    • $113,082 per Acre
    • 8265 Seabolt Dr
    • Cumming, GA

    Nestled in the heart of Forsyth County, 8265 Seabolt Drive is a rare gem offering both natural beauty and unlimited potential. This breathtaking property spans a generous expanse of land, providing the perfect canvas for your vision whether it's building a private estate, developing a residential community, or creating an equestrian retreat. Surrounded by lush greenery and picturesque landscapes,

    Ashley CraigDiaz Harry Norman Realtors

    Section Image
See All Homes in Cumming

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Morales Santos Victor $1,000,000 None Listed On Document
Morales Santos Victor $1,000,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Santos Victor $637,000
Closed Morales Santos Victor $637,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $1,000,000 -9.1% --
11/28/2024 11/28/24 For Sale $1,100,000 +10.0% --
10/29/2024 10/29/24 Off Market $1,000,000 -- --
02/08/2023 02/08/23 Price Changed $1,100,000 -11.6% --
04/12/2022 04/12/22 For Sale $1,245,000 -- --
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 $248 $202,412 $141,132 $61,280
2023 $195 $209,748 $151,988 $57,760
2022 $284 $17,304 $10,464 $6,840
2021 $81 $17,304 $10,464 $6,840
2020 $146 $27,560 $20,520 $7,040
2019 $134 $23,960 $15,960 $8,000
2018 $137 $23,960 $15,960 $8,000
2017 $127 $22,440 $14,440 $8,000
2016 $451 $19,400 $11,400 $8,000
2015 $452 $19,400 $11,400 $8,000
2014 $377 $17,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Connie Crotzer

    Seller's Agent in 2025

    Connie Crotzer

    Keller Williams Community Partners

    (470) 239-0854

    11 Total Sales

    Connie Crotzer
    Section Image
  • Osmara Martinez

    Buyer's Agent in 2025

    Osmara Martinez

    Keller Williams Community Partners

    (612) 701-3664

    36 Total Sales

    Osmara Martinez
    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 10037275

Georgia MLS

APN: 099-252

Georgia Forsyth County Cumming 30040

1981 W Canton Hwy, Cumming, GA

This home is located at 1981 W Canton Hwy, Cumming, GA 30040 since 12 April 2022 and is currently estimated at $894,986. This property was built in 1991. 1981 W Canton Hwy is a home located in Forsyth County with nearby schools including Sawnee Elementary School, Forsyth Central High School, and Milton Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.

Nearby Homes