M
Seller's Agent in 2025
Matthew Sipera
Anchor Real Estate Advisors
(678) 828-4408
17 Total Sales
3120 Chamblee Gap Rd Cumming, GA 30040
2
Beds
1
Bath
2,072
Sq Ft
4.09
Acres
Highlights
- Private Lot
- Wooded Lot
- No HOA
- Sawnee Elementary School Rated A
- Ranch Style House
- Porch
About This Home
As of January 2025Incredible opportunity to own 4.09 +/- acres of property in the West Forsyth High School District in Cumming GA 30040. This property offers boundless potential for those seeking a unique lifestyle or investment. This property has a ranch style home that would be perfect for a mini farm with horses and a garden or the property is suited for a family estate with enough acreage to subdivided the property into possibly 4 lots which would be ideal for multi-generational living. For investors or developers, this property has the potential to be subdivided into 4 lots and each lot would be 1 +/- acres. Prime location in Cumming, within minutes of shopping, entertainment, hiking, & medical care. Shopping and entertainment are abundant; Vickery Village, Cumming City Center, The Collection at Forsyth, Halcyon & Avalon. Less than 5 minutes from Hwy 20 which is currently being widened to 4 lanes from Canton to downtown Cumming and conveniently located near Lake Lanier and Northside Hospital. NO HOA. Shown by Appointment Only
Last Agent to Sell the Property
Anchor Real Estate Advisors License #321359 Listed on: 10/25/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,457
Year Built
- Built in 1982
Lot Details
- 4.09 Acre Lot
- Private Lot
- Wooded Lot
Home Design
- Ranch Style House
- Block Foundation
Interior Spaces
- 2,072 Sq Ft Home
- Ceiling Fan
- Family Room
- Combination Dining and Living Room
- Crawl Space
- Oven or Range
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Parking
- 3 Parking Spaces
- Carport
Outdoor Features
- Porch
Schools
- Sawnee Elementary School
- Hendricks Middle School
- West Forsyth High School
Utilities
- Forced Air Heating and Cooling System
- Shared Well
- Septic Tank
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2024
Closed on
Jan 6, 2025
Sold by
Mamidi Keerthi and Kothandan Kamesh
Bought by
Mamidi Praveen and Batchu Praveena
Seller's Agent
Matthew Sipera
Anchor Real Estate Advisors
Buyer's Agent
Matthew Sipera
Anchor Real Estate Advisors
List Price
$750,000
Sold Price
$690,000
Premium/Discount to List
-$60,000
-8%
Views
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240
Avg. Annual Appreciation
0.05%
Original Mortgage
$552,500
Outstanding Balance
$548,070
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$142,170
Purchase Details
Closed on
Nov 16, 2023
Sold by
Koochi Swetha and Mamidi Keerthi
Bought by
Koochi Swetha and Mamidi Keerthi
Purchase Details
Listed on
Apr 17, 2023
Closed on
Sep 8, 2023
Sold by
Koochi Swetha and Mamidi Keerthi
Bought by
Koochi Swetha and Mamidi Keerthi
Seller's Agent
Matthew Thaxton
Keller Williams Realty Community Partners
Buyer's Agent
Matthew Sipera
Anchor Real Estate Advisors, LLC
List Price
$500,000
Sold Price
$497,131
Premium/Discount to List
-$2,869
-0.57%
Views
106
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.09%
Original Mortgage
$298,278
Interest Rate
6.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 20, 2015
Sold by
Tallant Ricky J
Bought by
Banasiak James and Banasiak Cyndi
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $690,000 | None Listed On Document | |
| Special Warranty Deed | $690,000 | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Administrators Deed | $497,200 | None Listed On Document | |
| Warranty Deed | $62,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $552,500 | New Conventional | |
| Closed | $552,500 | New Conventional | |
| Previous Owner | $298,278 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/06/2025 01/06/25 | Sold | $690,000 | -8.0% | $333 / Sq Ft | |
| 11/14/2024 11/14/24 | Pending | -- | -- | -- | |
| 10/25/2024 10/25/24 | For Sale | $750,000 | +50.9% | $362 / Sq Ft | |
| 09/08/2023 09/08/23 | Sold | $497,131 | -0.6% | $240 / Sq Ft | View Prior Sale |
| 08/14/2023 08/14/23 | Pending | -- | -- | -- | |
| 08/11/2023 08/11/23 | For Sale | $500,000 | +0.6% | $241 / Sq Ft | |
| 06/01/2023 06/01/23 | Off Market | $497,131 | -- | -- | |
| 05/31/2023 05/31/23 | For Sale | $500,000 | +0.6% | $241 / Sq Ft | |
| 05/12/2023 05/12/23 | Off Market | $497,131 | -- | -- | |
| 05/12/2023 05/12/23 | For Sale | $500,000 | +0.6% | $241 / Sq Ft | |
| 04/21/2023 04/21/23 | Off Market | $497,131 | -- | -- | |
| 04/17/2023 04/17/23 | For Sale | $475,000 | -- | $229 / Sq Ft |
Source: Georgia MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $4,876 | $238,068 | $147,960 | $90,108 |
| 2024 | $4,876 | $198,840 | $119,280 | $79,560 |
| 2023 | $5,457 | $221,712 | $143,608 | $78,104 |
| 2022 | $4,636 | $136,672 | $80,816 | $55,856 |
| 2021 | $3,774 | $136,672 | $80,816 | $55,856 |
| 2020 | $3,448 | $124,876 | $71,580 | $53,296 |
| 2019 | $3,057 | $110,540 | $57,724 | $52,816 |
| 2018 | $2,535 | $91,660 | $57,724 | $33,936 |
| 2017 | $2,078 | $74,872 | $43,872 | $31,000 |
| 2016 | $1,822 | $65,636 | $34,636 | $31,000 |
| 2015 | $2,181 | $78,432 | $47,432 | $31,000 |
| 2014 | $1,759 | $66,444 | $37,948 | $28,496 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Sipera
-
Matthew Thaxton
Seller's Agent in 2023
Matthew Thaxton
Keller Williams Realty Community Partners
(770) 366-9506
68 Total Sales
Map
Source: Georgia MLS
MLS Number: 10401994
APN: 077-049
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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