$50,199
SOLD JUL 30, 2012

2860 Hitt Rd Cumming, GA 30041

3 Beds
2 Baths
1,680 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$30 Per Sq Ft

86% Above List Price

4 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Front Porch
  • Mashburn Elementary School Rated A
  • Formal Dining Room
  • Living Room

About This Home

As of September 2015

Make an offer! REO PROPERTY - BANK OWNED. PROPERTY SOLD 'AS IS' WITHOUT REPAIR, WARRANTY OR SELLER DISCLOSURE. The Listing Broker and Seller assume no responsibility and make no guarantees, warranties or representations as to the availability or accuracy of the property information, photographs, or other information depicted or described herein.

Last Agent to Sell the Property

Sandra Cato

NOT A VALID MEMBER License #328841 Listed on: 05/12/2012

Last Buyer's Agent

Lia Varga

Homesmart Realty Partners License #296678

Homesmart Realty Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,008

Year Built

  • Built in 1960

Lot Details

  • Level Lot

Home Design

  • Ranch Style House

Interior Spaces

  • 1,680 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Daves Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2860HittRD

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,008

Year Built

Built in 1960

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: 1960
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Basement: Partial
  • Common Walls: No Common Walls
  • Additional Rooms: Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1680.00

Beds/Baths

  • Total Bedrooms: 3
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2

Exterior Features

  • Patio And Porch Features: Deck, Front Porch

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Daves Creek

Schools

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

Lot Info

  • Lot Features: Level
  • Parcel Number: 2860HittRD
  • Property Attached Yn: No

Tax Info

  • Taxes: 1008.00
  • Assessor Parcel Number: 246-000-003
  • Close Date: 2012-07-30
  • Tax Year: 2010

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2015
Closed on
Sep 14, 2015
Sold by
Mda Investments Llc
Bought by
Gutierrez Oscar Solomon Rosas and Chavez Maria G Villeda
Seller's Agent
LUIS AMORETTI
NOT A VALID MEMBER
Buyer's Agent
Miriam Lopez
NOT A VALID MEMBER
List Price
$189,900
Sold Price
$172,990
Premium/Discount to List
-$16,910
-8.9%
Current Estimated Value
$423,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,714
Avg. Annual Appreciation
9.29%
Original Mortgage
$166,393
Outstanding Balance
$132,732
Interest Rate
3.97%
Mortgage Type
Commercial
Estimated Equity
$284,277

Purchase Details

Listed on
Sep 16, 2014
Closed on
Jan 26, 2015
Sold by
Premier Management Properties
Bought by
Mda Investments Llc
Seller's Agent
Andrei Leon
Artisan Haus Real Estate
Buyer's Agent
LUIS AMORETTI
NOT A VALID MEMBER
List Price
$117,000
Sold Price
$92,000
Premium/Discount to List
-$25,000
-21.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
172.45%
Original Mortgage
$87,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2014
Closed on
Jul 25, 2014
Sold by
Suciu Viorel
Bought by
Premier Management Properties
Seller's Agent
Lia Varga
Homesmart Realty Partners
Buyer's Agent
Lia Varga
Homesmart Realty Partners
List Price
$140,000
Sold Price
$86,500
Premium/Discount to List
-$53,500
-38.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.12%

Purchase Details

Listed on
May 12, 2012
Closed on
Jul 30, 2012
Sold by
Wells Fargo Bank Na Truste
Bought by
Suciu Viorel
Seller's Agent
Sandra Cato
NOT A VALID MEMBER
Buyer's Agent
Lia Varga
Homesmart Realty Partners
List Price
$27,000
Sold Price
$50,199
Premium/Discount to List
$23,199
85.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.45%

Purchase Details

Closed on
May 1, 2012
Sold by
Eidson Teri J
Bought by
Wells Fargo Bank Na Trustee and Asset Backed Securities Corp E

Purchase Details

Closed on
Nov 7, 1995
Sold by
Clark Chas H Allen S
Bought by
Fleet Finance
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 Type Sale Price Title Company
Warranty Deed $172,990 --
Warranty Deed $92,000 --
Warranty Deed $86,500 --
Warranty Deed $50,199 --
Foreclosure Deed $89,000 --
Deed $53,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $166,393 Commercial
Closed $166,393 Commercial
Previous Owner $87,500 New Conventional
Previous Owner $135,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2015 09/14/15 Sold $172,990 -8.9% $103 / Sq Ft
07/09/2015 07/09/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $189,900 +106.4% $113 / Sq Ft
01/26/2015 01/26/15 Sold $92,000 -21.4% $55 / Sq Ft
12/27/2014 12/27/14 Pending -- -- --
09/16/2014 09/16/14 For Sale $117,000 +35.3% $70 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
07/25/2014 07/25/14 Sold $86,500 -38.2% $51 / Sq Ft
05/16/2014 05/16/14 For Sale $140,000 +178.9% $83 / Sq Ft
07/30/2012 07/30/12 Sold $50,199 +85.9% $30 / Sq Ft
06/30/2012 06/30/12 Pending -- -- --
05/12/2012 05/12/12 For Sale $27,000 -- $16 / 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 $3,400 $138,636 $42,644 $95,992
2023 $3,232 $131,316 $40,788 $90,528
2022 $2,853 $90,544 $25,956 $64,588
2021 $2,500 $90,544 $25,956 $64,588
2020 $2,334 $84,516 $23,484 $61,032
2019 $2,227 $80,520 $20,000 $60,520
2018 $1,939 $70,128 $20,000 $50,128
2017 $1,856 $66,868 $20,000 $46,868
2016 $1,800 $64,868 $18,000 $46,868
2015 $718 $25,828 $10,000 $15,828
2014 $612 $23,108 $10,000 $13,108
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5019283

First Multiple Listing Service (FMLS)

APN: 246-003