$92,000
SOLD JAN 26, 2015

2860 Hitt Rd Cumming, GA 30041

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

Recently Sold

$55 Per Sq Ft

21% Below List Price

115 Days on Market

Highlights

  • Lake Front
  • Deck
  • Cathedral Ceiling
  • Mashburn Elementary School Rated A
  • Ranch Style House
  • Wood Flooring

About This Home

As of September 2015

Great ranch home with basement, 3 bedrooms 2 baths, on over an acre on quiet road accessed by circular driveway and nestled among Lake Lanier's parks, beaches and marinas. Master on main, great school district, nearby shopping, no boat parking restrictions and more! This property gleams with dream home potential!

Last Agent to Sell the Property

Andrei Leon

Artisan Haus Real Estate License #347306 Listed on: 09/16/2014

Last Buyer's Agent

LUIS AMORETTI

NOT A VALID MEMBER License #348044

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $533

Year Built

  • Built in 1960

Lot Details

  • Lake Front
  • Level Lot

Home Design

  • Ranch Style House
  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • Cathedral Ceiling
  • Great Room
  • Family Room
  • Breakfast Room
  • Game Room
  • Wood Flooring
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Parking

  • Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Driveway Level

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Schools

  • Mashburn Elementary School
  • Lakeside - Forsyth 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

$533

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: Fixer Upper
  • Year Built: 1960
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Full, Interior Entry
  • Kitchen Features: Breakfast Room, Cabinets Stain, Eat-in Kitchen, Laminate Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Game Room, Great Room - 1 Story
  • Square Footage: 1680.00

Beds/Baths

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

Exterior Features

  • Roof Type: Composition
  • Patio And Porch Features: Deck, Front Porch, Patio

Garage/Parking

  • Parking Features: Driveway, Garage Faces Side, Kitchen Level, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Main Level

Condo/Co-op/Association

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

Schools

  • Elementary School: Mashburn
  • Middle School: Lakeside - Forsyth
  • High School: Forsyth Central

Lot Info

  • Deed Book: 7106
  • Deed Page: 644
  • Lot Features: Level, Sloped
  • Lot Dimensions: 1.03
  • Parcel Number: 2860HittRD
  • Property Attached Yn: No

Tax Info

  • Taxes: 533.00
  • Assessor Parcel Number: 246-000-003
  • Close Date: 2015-01-26
  • Tax Year: 2013

Multi Family

  • Waterfront Features: Lake

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Mashburn
  • High School: Forsyth Central
  • Middle School: Lakeside - Forsyth

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%
Total Days on Market
115
Current Estimated Value
$409,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,287
Avg. Annual Appreciation
9.26%
Original Mortgage
$166,393
Outstanding Balance
$132,732
Interest Rate
3.97%
Mortgage Type
Commercial
Estimated Equity
$276,545

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
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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 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: 5344959

First Multiple Listing Service (FMLS)

APN: 246-003