Incredible 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
Jan 2025 - PresentMamidi Praveen and Batchu Praveena4 Months
Private Individual
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%
Total Days on Market
20
Views
26
Current Estimated Value
$684,872
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,128
Avg. Annual Appreciation
-1.71%
Original Mortgage
$552,500
Outstanding Balance
$552,019
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$133,936
Nov 2023 - Jan 2025Koochi Swetha and Mamidi Keerthi1 Year and 2 Months
Private Individual
Purchase Details
Closed on
Nov 16, 2023
Sold by
Koochi Swetha and Mamidi Keerthi
Bought by
Koochi Swetha and Mamidi Keerthi
Sep 2023 - Nov 2023Koochi Swetha and Mamidi Keerthi2 Months
Private Individual
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
21.26%
Original Mortgage
$298,278
Interest Rate
6.9%
Mortgage Type
New Conventional
Feb 2015 - Sep 2023Banasiak James and Banasiak Cyndi8 Years and 7 Months
Private Individual
Purchase Details
Closed on
Feb 20, 2015
Sold by
Tallant Ricky J
Bought by
Banasiak James and Banasiak Cyndi
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax 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.
This home is located at 3120 Chamblee Gap Rd, Cumming, GA 30040 and is currently priced at $690,000, approximately $333 per square foot. This property was built in 1982. 3120 Chamblee Gap Rd is a home located in Forsyth County with nearby schools including Sawnee Elementary School, West Forsyth High School, and Montessori School of Cumming.
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