NOT LISTED FOR SALE

2220 Old Atlanta Rd Cumming, GA 30041

Estimated Value: $674,000 - $818,000

4 Acres
$191,128 Price per Acre
174,240 Sq Ft Lot

Last Sold February 23, 2023

Last sale price $715,000 $497 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,599/month

69 Days on Market

Highlights

  • 4 Acre Lot
  • Rural View
  • Partially Wooded Lot
  • Daves Creek Elementary School Rated A
  • Ranch Style House
  • Den

About This Lot

As of February 2023

Location,Location,Location is Back on the Market. PLEASE NOTE, DO NOT USE STAIRS TO GO DOWN TO BASEMENT, THEY HAVE NOT BEEN USED IN A LONG TIME AND MAY NOT BE SAFE.Very Rare Estate Owned Property, Private Homeplace with very productive Walnut and Pecan Trees , Grass and Mixed Woods, Well and Public water, Home is very livable but needs updating. Being sold as is. Lots of additional great building sites on property Comfortable private residence with plenty of room for Extra garages Pool, Tennis , Pasture, Barn and Horses. Greatest Schools, and County Rec areas very nearby.

Last Agent to Sell the Property

Jerry Henderson

Jerry Henderson Enterprises License #35881 Listed on: 11/12/2022

Last Buyer's Agent

Debra Liggett

RE/MAX Center License #169802

RE/MAX Center

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,331

Year Built

  • Built in 1970

Lot Details

  • 4 Acre Lot
  • Property fronts a county road
  • Partially Wooded Lot
  • Grass Covered Lot

Home Design

  • Ranch Style House

Interior Spaces

  • Den
  • Rural Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Rear Porch

Schools

  • South Forsyth Middle School
  • South Forsyth High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 732
  • Assessor Parcel Number 156 001

Property Details

Property Type

Land

Est. Annual Taxes

$3,331

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: Located in Land Lot 732, of the 2nd District 1st section of Forsyth County , Ga. Beinig 4.00 acres per old survey
  • Property Type: Land
  • MLS Status: Closed
  • Architectural Style: Ranch
  • Current Classification: Developed/Zoned Residential
  • Property Condition: Resale
  • Year Built: 1970
  • Levels Stories: One
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Interior Features

  • Additional Rooms: Den

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2

Exterior Features

  • Patio And Porch Features: Rear Porch
  • View: Rural

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available

Schools

  • Elementary School: Forsyth - Other
  • Middle School: South Forsyth
  • High School: South Forsyth

Lot Info

  • Acres: 4.0000
  • Lot: 732
  • Land/Lot: 732
  • Section G M D: 1st
  • Current Zoning: Res
  • Current Use: Cattle, Residential
  • House On Property: Yes
  • Parcel Number: 156 001
  • Price Acre Dollar: 178750.00
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 3331.00
  • Assessor Parcel Number: 156-000-001
  • Close Date: 2023-02-23
  • Tax Year: 2021

MLS Schools

  • Elementary School: Forsyth - Other
  • High School: South Forsyth
  • Middle School: South Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2022
Closed on
Feb 23, 2023
Sold by
Higginbotham William K
Bought by
Patel Uday R and Patel Prerna U
Seller's Agent
Jerry Henderson
Jerry Henderson Enterprises
Buyer's Agent
Debra Liggett
RE/MAX Center
List Price
$775,000
Sold Price
$715,000
Premium/Discount to List
-$60,000
-7.74%
Views
73
Current Estimated Value
$764,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,512
Avg. Annual Appreciation
2.60%
Original Mortgage
$672,000
Outstanding Balance
$648,612
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$115,900

Purchase Details

Closed on
May 17, 2022
Sold by
Higginbotham Sam L
Bought by
Higginbotham Steven James and Higginbotham William K

Purchase Details

Closed on
Dec 14, 2021
Sold by
Higginbotham Steven James
Bought by
Toll Southeast Lp Company Inc
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 Buyer Sale Price Title Company
Patel Uday R $715,000 --
Higginbotham Steven James -- None Listed On Document
Toll Southeast Lp Company Inc -- --
Higginbotham Steven James -- --
Toll Southeast Lp Company Inc $3,103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Uday R $672,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2023 02/23/23 Sold $715,000 -7.7% $497 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
11/12/2022 11/12/22 For Sale $775,000 -- $538 / 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 $6,536 $251,796 $145,792 $106,004
2024 $6,536 $266,532 $148,176 $118,356
2023 $6,219 $252,664 $162,992 $89,672
2022 $782 $594,800 $530,800 $64,000
2021 $613 $594,800 $530,800 $64,000
2020 $587 $591,440 $530,800 $60,640
2019 $16,406 $591,120 $530,800 $60,320
2018 $441 $288,568 $244,168 $44,400
2017 $8,071 $290,820 $249,872 $40,948
2016 $401 $240,844 $199,896 $40,948
2015 $400 $240,844 $199,896 $40,948
2014 $352 $237,768 $199,896 $37,872
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jerry Henderson

    Jerry Henderson Enterprises

    (770) 480-2646

    1 in this area

    13 Total Sales

    Jerry Henderson
    Section Image
  • Debra Liggett

    Buyer's Agent in 2023

    Debra Liggett

    RE/MAX

    (770) 497-0000

    6 in this area

    84 Total Sales

    Debra Liggett
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7143292

First Multiple Listing Service (FMLS)

APN: 156-001

Georgia Forsyth County Cumming 30041

2220 Old Atlanta Rd, Cumming, GA

This home is located at 2220 Old Atlanta Rd, Cumming, GA 30041 since 12 November 2022 and is currently estimated at $764,512, approximately $530 per square foot. This property was built in 1970. 2220 Old Atlanta Rd is a home located in Forsyth County with nearby schools including Daves Creek Elementary School, South Forsyth Middle School, and South Forsyth High School.

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