NOT LISTED FOR SALE

2550 Elzey Dr Cumming, GA 30028

Estimated Value: $483,000 - $578,441

3 Beds
2 Baths
2,025 Sq Ft
$255/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $350,000 $173 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,256/month

2 Days on Market

Highlights

  • Wood Burning Stove
  • Wooded Lot
  • 1 Fireplace
  • Sawnee Elementary School Rated A
  • Ranch Style House
  • Private Yard

About This Home

As of November 2021

5.5 Acres this close into town is amazing. Come check out this fun and unique Partial Berm Home. It features 3 bedroom and 2 baths. IF you are looking for a place to make your own, this is it. Needs some updating but has a ton of potential. It has an incredible wood burning stove that is the centerpiece of the living room. The land is so private, you would never know you are just a few minutes away from downtown Cumming and Sawnee Mtn. This one is priced right with the acreage. Sold AS-IS. Come make this house your home.

Last Agent to Sell the Property

Thomas Hunze

Keller Williams Realty Community Partners License #353783 Listed on: 10/15/2021

Keller Williams Realty Community Partners

Last Buyer's Agent

Katy Foltz Gillis

Keller Williams Realty Community Partners License #333014

Keller Williams Realty Community Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,868

Year Built

  • Built in 1982

Lot Details

  • 5.55 Acre Lot
  • Private Entrance
  • Wooded Lot
  • Private Yard

Home Design

  • Ranch Style House
  • Composition Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,025 Sq Ft Home
  • Bookcases
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Wood Burning Stove
  • Living Room
  • Formal Dining Room
  • Carpet
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Parking

  • 2 Carport Spaces
  • Driveway

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Air Source Heat Pump
  • 110 Volts
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 774
  • Assessor Parcel Number 098 041

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,868

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1982
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Wood Burning Stove
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven
  • Interior Amenities: Bookcases
  • Kitchen Features: Breakfast Bar, Laminate Counters, Pantry Walk-In
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2025.00
  • Spa Features: None
  • Window Features: Skylight(s)

Beds/Baths

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

Exterior Features

  • Construction Materials: Aluminum Siding, Stucco
  • Roof Type: Composition
  • Patio And Porch Features: Patio
  • Exterior Features: Private Front Entry, Private Yard
  • Foundation: Concrete Perimeter

Garage/Parking

  • Carport or Garage: 2
  • Number of Carport Spaces: 2
  • Parking Features: Carport, Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Heating: Heat Pump
  • Laundry Features: Main Level
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Electric: 110 Volts

Schools

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

Lot Info

  • Acres: 5.5500
  • Lot: 774
  • Section G M D: 1
  • Deed Book: 7607
  • Deed Page: 133
  • Lot Features: Wooded
  • Lot Dimensions: x
  • Parcel Number: 098 041
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 3868.00
  • Assessor Parcel Number: 098-000-041
  • Close Date: 2021-11-04
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Nov 4, 2021
Sold by
Smith Frank
Bought by
Drueke Ryan J and Drueke Rachel
Seller's Agent
Thomas Hunze
Keller Williams Realty Community Partners
Buyer's Agent
Katy Foltz Gillis
Keller Williams Realty Community Partners
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Current Estimated Value
$517,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,722
Avg. Annual Appreciation
10.33%

Purchase Details

Listed on
Mar 12, 2015
Closed on
Dec 16, 2015
Sold by
Smith William E
Bought by
Smith Frank and Smith Elizabeth
Seller's Agent
Carolyn Mixon
HomeSmart
Buyer's Agent
Thomas Hunze
Keller Williams Community Partners
List Price
$240,000
Sold Price
$198,000
Premium/Discount to List
-$42,000
-17.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%
Original Mortgage
$194,413
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 2004
Sold by
Smith William E and Smith Elizabeth
Bought by
Louise Reid
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
Drueke Ryan J $350,000 --
Smith Frank $198,000 --
Louise Reid $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drueke Ryan J $1,500,000
Previous Owner Smith Frank $194,413
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $350,000 -6.7% $173 / Sq Ft
10/17/2021 10/17/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $375,000 +89.4% $185 / Sq Ft
12/16/2015 12/16/15 Sold $198,000 0.0% $118 / Sq Ft
12/16/2015 12/16/15 Sold $198,000 -0.5% $118 / Sq Ft
12/11/2015 12/11/15 Pending -- -- --
12/11/2015 12/11/15 Pending -- -- --
11/04/2015 11/04/15 Price Changed $199,000 0.0% $119 / Sq Ft
11/04/2015 11/04/15 For Sale $199,000 -17.1% $119 / Sq Ft
09/28/2015 09/28/15 For Sale $240,000 0.0% $143 / Sq Ft
08/26/2015 08/26/15 Pending -- -- --
08/10/2015 08/10/15 Price Changed $240,000 -3.6% $143 / Sq Ft
07/30/2015 07/30/15 For Sale $249,000 0.0% $149 / Sq Ft
05/17/2015 05/17/15 Pending -- -- --
03/12/2015 03/12/15 For Sale $249,000 -- $149 / 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 $5,224 $213,032 $104,760 $108,272
2023 $5,268 $214,020 $112,820 $101,200
2022 $3,726 $142,900 $76,124 $66,776
2021 $3,946 $142,900 $76,124 $66,776
2020 $3,868 $140,080 $76,124 $63,956
2019 $3,393 $122,704 $59,208 $63,496
2018 $3,021 $109,248 $59,208 $50,040
2017 $384 $99,112 $53,568 $45,544
2016 $368 $87,836 $42,292 $45,544
2015 $368 $87,836 $42,292 $45,544
2014 $316 $75,748 $33,832 $41,916
Source: Public Records

Agents Affiliated with this Home

  • Thomas Hunze

    Seller's Agent in 2021

    Thomas Hunze

    Keller Williams Realty Community Partners

    (770) 864-8804

    20 Total Sales

    Section Image
  • Katy Foltz Gillis

    Buyer's Agent in 2021

    Katy Foltz Gillis

    Keller Williams Realty Community Partners

    (678) 860-2220

    50 Total Sales

    Section Image
  • Carolyn Mixon

    Seller's Agent in 2015

    Carolyn Mixon

    HomeSmart

    (404) 660-6658

    37 Total Sales

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6958296

First Multiple Listing Service (FMLS)

APN: 098-041

Georgia Forsyth County Cumming 30028

2550 Elzey Dr, Cumming, GA

This home is located at 2550 Elzey Dr, Cumming, GA 30028 since 15 October 2021 and is currently estimated at $515,610, approximately $254 per square foot. This property was built in 1982. 2550 Elzey Dr is a home located in Forsyth County with nearby schools including Sawnee Elementary School, Otwell Middle School, and Forsyth Central High School.

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