NOT LISTED FOR SALE

4035 Gravitt Rd Cumming, GA 30040

Estimated Value: $489,000 - $522,234

1.01 Acres
$499,563 Price per Acre
43,996 Sq Ft Lot

Last Sold February 01, 2019

Last sale price $73,000

Est. 591% increase in value since last sale

Current estimated payment $2,820/month

77 Days on Market

Highlights

  • Wooded Lot
  • Level Lot
  • Grass Covered Lot
  • Coal Mountain Elementary School Rated A

About This Lot

As of February 2019

Great lot in a great location just minutes from Ga 400. Lot located on Gravitt Road across the street from, 4040.

Last Agent to Sell the Property

Penny Wilson

Landmark Realty Associates, Inc. License #210277 Listed on: 11/01/2018

Co-Listed By

Rex Gravitt

Landmark Realty Associates, Inc. License #122346

Last Buyer's Agent

Penny Wilson

Landmark Realty Associates, Inc. License #210277 Listed on: 11/01/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $404

Lot Details

  • 1.01 Acre Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Grass Covered Lot
  • Property is zoned R1R

Schools

  • Coal Mountain Elementary School
  • North Forsyth Middle School
  • North Forsyth High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 169 024

Property Details

Property Type

Land

Est. Annual Taxes

$404

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Current Classification: Undeveloped/Zoned Residential
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Utilities

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

Schools

  • Elementary School: Coal Mountain
  • Middle School: North Forsyth
  • High School: North Forsyth

Lot Info

  • Acres: 1.0100
  • Lot: 34
  • Land/Lot: 608-617
  • Possible Use: Residential
  • Section G M D: 1
  • Current Zoning: R1R
  • Deed Book: 806
  • Deed Page: 738
  • Plat Book: 00
  • Plat Page: 00
  • Current Use: Vacant
  • Lot Features: Level, Sloped
  • Lot Dimensions: 00
  • Parcel Number: 169 024
  • Price Acre Dollar: 72277.23
  • Property Attached Yn: No

Tax Info

  • Taxes: 404.00
  • Assessor Parcel Number: 169-000-024
  • Close Date: 2019-02-01
  • Tax Year: 2017

MLS Schools

  • Elementary School: Coal Mountain
  • High School: North Forsyth
  • Middle School: North Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Feb 1, 2019
Sold by
Moore Marie T
Bought by
Wrenn Keith and Wrenn Brenda Sue
Seller's Agent
Penny Wilson
Landmark Realty Associates, Inc.
Buyer's Agent
Penny Wilson
Landmark Realty Associates, Inc.
List Price
$90,000
Sold Price
$73,000
Premium/Discount to List
-$17,000
-18.89%
Current Estimated Value
$504,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,559
Avg. Annual Appreciation
34.04%
Original Mortgage
$165,000
Interest Rate
4.3%
Mortgage Type
New Conventional
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
Wrenn Keith $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wrenn Keith $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2019 02/01/19 Sold $73,000 -18.9% --
11/01/2018 11/01/18 For Sale $90,000 -- --
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 $912 $180,924 $39,392 $141,532
2023 $801 $171,220 $30,300 $140,920
2022 $904 $122,240 $22,424 $99,816
2021 $880 $122,240 $22,424 $99,816
2020 $3,261 $118,080 $22,424 $95,656
2019 $503 $18,180 $18,180 $0
2018 $467 $16,888 $16,888 $0
2017 $404 $14,544 $14,544 $0
2016 $404 $14,544 $14,544 $0
2015 $354 $12,728 $12,728 $0
2014 -- $10,908 $10,908 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6095523

First Multiple Listing Service (FMLS)

APN: 169-024