NOT LISTED FOR SALE

2275 Pilgrim Mill Rd Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $662,000 - $10,959,569

60 Acres
$91,381 Price per Acre
2,613,600 Sq Ft Lot

Last Sold September 08, 2021

Last sale price $2,800,000 $1,639 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $33,564/month

110 Days on Market

Highlights

  • 60 Acre Lot
  • Pine Trees
  • Bungalow
  • Chattahoochee Elementary School Rated A
  • Stream or River on Lot
  • 1-Story Property

About This Lot

As of September 2021

Investor or Development Opportunity 60 Acre tract with Frontage on 2 busy roads! Fronts on both Pilgrim Mill and Holtzclaw Roads. Great location for mixed use commercial and residential development. Close to Lake Lanier and GA 400. Imagine Vickery at Lanier...

Last Agent to Sell the Property

Elaine Thomas

Keller Williams Realty Community Partners License #115281 Listed on: 02/26/2021

Keller Williams Realty Community Partners

Last Buyer's Agent

Patrick Bell

Coldwell Banker Commercial Metro Brokers

Coldwell Banker Commercial Metro Brokers

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,989

Year Built

  • Built in 1946

Lot Details

  • 60 Acre Lot
  • Property fronts a highway
  • Lot Has A Rolling Slope
  • Pine Trees
  • Partially Wooded Lot
  • Property is zoned AG

Home Design

  • Bungalow

Schools

  • Chattahoochee - Forsyth Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • 1-Story Property
  • Stream or River on Lot

Listing and Financial Details

  • Assessor Parcel Number 220 017

Property Details

Property Type

Land

Est. Annual Taxes

$2,989

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Architectural Style: Bungalow
  • Current Classification: Undeveloped/Zoned Agriculture
  • Year Built: 1946
  • Levels Stories: One
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Utilities

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

Schools

  • Elementary School: Chattahoochee - Forsyth
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Acres: 60.0000
  • Timber: Hardwoods, Mixed, Pine
  • Land/Lot: 146-91-90
  • Possible Use: Multi-Family, Residential
  • Section G M D: 1
  • Current Zoning: AG
  • Current Use: Residential
  • Lot Features: Rolling Slope, Stream or River On Lot
  • Lot Dimensions: x
  • Parcel Number: 220 017
  • Price Acre Dollar: 46666.67
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 2989.00
  • Assessor Parcel Number: 220-000-017
  • Close Date: 2021-09-08
  • Tax Year: 2019

MLS Schools

  • Elementary School: Chattahoochee - Forsyth
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2024
Sold by
Tellus Holdings Llc
Bought by
Gg Holtzclaw Limited Partnership
Total Days on Market
110
Current Estimated Value
$5,482,856

Purchase Details

Listed on
Feb 26, 2021
Closed on
Sep 8, 2021
Sold by
Scott Ethel Davis
Bought by
Cottages At Shady Shores Llc
Seller's Agent
Elaine Thomas
Keller Williams Realty Community Partners
Buyer's Agent
Patrick Bell
Coldwell Banker Commercial Metro Brokers
List Price
$3,500,000
Sold Price
$2,800,000
Premium/Discount to List
-$700,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.72%

Purchase Details

Closed on
Dec 21, 2007
Sold by
Tiner Mildred D
Bought by
Scott Ethel D
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
Gg Holtzclaw Limited Partnership -- None Listed On Document
Gg Holtzclaw Limited Partnership $12,973,500 None Listed On Document
Tellus Holdings Llc -- None Listed On Document
Tellus Holdings Llc $5,250,000 None Listed On Document
Cottages At Shady Shores Llc $2,800,000 --
Scott Ethel D -- --
Scott Ethel D -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $2,800,000 0.0% $1,639 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/15/2021 06/15/21 Price Changed $2,800,000 -20.0% $1,639 / Sq Ft
06/08/2021 06/08/21 For Sale $3,500,000 0.0% $2,049 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $3,500,000 -- $2,049 / 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
2024 $35,199 $1,435,392 $1,434,512 $880
2023 $35,792 $1,454,140 $1,372,140 $82,000
2022 $30,043 $784,116 $725,396 $58,720
2021 $21,653 $784,116 $725,396 $58,720
2020 $19,654 $711,752 $656,312 $55,440
2019 $2,989 $654,820 $599,700 $55,120
2018 $3,074 $639,940 $599,700 $40,240
2017 $3,138 $640,940 $603,100 $37,840
2016 $3,052 $580,632 $542,792 $37,840
2015 $2,611 $339,392 $301,552 $37,840
2014 $2,478 $336,392 $301,552 $34,840
Source: Public Records

Agents Affiliated with this Home

  • Elaine Thomas

    Seller's Agent in 2021

    Elaine Thomas

    Keller Williams Realty Community Partners

    (404) 630-6660

    10 in this area

    89 Total Sales

    Elaine Thomas
    Section Image
  • Patrick Bell

    Buyer's Agent in 2021

    Patrick Bell

    Coldwell Banker Commercial Metro Brokers

    (404) 843-2500

    3 in this area

    20 Total Sales

    Patrick Bell
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6846640

First Multiple Listing Service (FMLS)

APN: 220-017

Georgia Forsyth County Cumming 30041 Lake Lanier

2275 Pilgrim Mill Rd, Cumming, GA

This home is located at 2275 Pilgrim Mill Rd, Cumming, GA 30041 since 26 February 2021 and is currently estimated at $5,482,856, approximately $3,210 per square foot. This property was built in 1946. 2275 Pilgrim Mill Rd is a home located in Forsyth County with nearby schools including Chattahoochee Elementary School, Little Mill Middle School, and Cornerstone Schools.

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