NOT LISTED FOR SALE

2868 Hitt Rd Cumming, GA 30041

Estimated Value: $164,342 - $464,000

0.59 Acre
$486,495 Price per Acre
25,526 Sq Ft Lot

Last Sold July 31, 2023

Last sale price $160,000

Est. 78% increase in value since last sale

Current estimated payment $1,596/month

35 Days on Market

Highlights

  • Rural View
  • Mashburn Elementary School Rated A
  • Grass Covered Lot

About This Lot

As of July 2023

Building lot, graded and cleared, basement cut in, seeded & stable, fairly private road (no cut through), septic permit in hand - county water, $600K house just built on sister lot.

Fantastic location - Lanier Beach Park 2.5 miles to boat ramps and hiking trails. 1.5 miles to Buford Dam & Chattahoochee River. 4.5 miles to largest commercial district in the county. 6 miles to Northside Hospital & Medical Center.

Last Agent to Sell the Property

Mike Nardiello

Nardiello & Associates, LLC License #134379 Listed on: 05/10/2023

Last Buyer's Agent

Becky Lamp'l

Mark Spain Real Estate License #175810

Mark Spain Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $692

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 103 x 267
  • Property fronts a county road
  • Sloped Lot
  • Cleared Lot
  • Grass Covered Lot

Property Views

  • Rural Views

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Bay Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 2
  • Assessor Parcel Number 246 085

Property Details

Property Type

Land

Est. Annual Taxes

$692

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: lot 2 hlp for mike nardiello ll 183 & 268 14th dist 1st sec
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Current Classification: Developed/Zoned Residential
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Exterior Features

  • View: Rural

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Bay Estates

Schools

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

Lot Info

  • Acres: 0.5860
  • Lot: 2
  • Land/Lot: 183
  • Possible Use: Residential
  • Section G M D: 1
  • Current Zoning: res
  • Plat Book: 45
  • Plat Page: 139
  • Current Use: Vacant
  • Lot Features: Sloped, Street Lights
  • Lot Dimensions: 103 x 267
  • Parcel Number: 246 085
  • Price Acre Dollar: 273037.54
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 692.00
  • Assessor Parcel Number: 246-000-085
  • Close Date: 2023-07-31
  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Jul 31, 2023
Sold by
Nardiello Chandler Marie and Sherman Chase Christopher
Bought by
Marchena George and Marchena Karol
Seller's Agent
Mike Nardiello
Nardiello & Associates, LLC
Buyer's Agent
Becky Lamp'l
Mark Spain Real Estate
List Price
$154,900
Sold Price
$160,000
Premium/Discount to List
$5,100
3.29%
Total Days on Market
35
Views
67
Current Estimated Value
$285,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,086
Avg. Annual Appreciation
36.88%
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
Marchena George $160,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $160,000 +3.3% --
07/26/2023 07/26/23 For Sale $154,900 0.0% --
06/14/2023 06/14/23 Pending -- -- --
05/21/2023 05/21/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $154,900 -- --
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 $998 $40,712 $40,712 --
2023 $958 $38,940 $38,940 $0
2022 $692 $24,780 $24,780 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7188432

First Multiple Listing Service (FMLS)

APN: 246-085