NOT LISTED FOR SALE

4165 Settingdown Rd Cumming, GA 30028

Cumming Area

Estimated Value: $548,880

56.5 Acres
$9,715 Price per Acre
2,461,140 Sq Ft Lot

Sale Details

Date Sold: September 8, 2022

Last sale price $3,335,000

Current estimated payment $3,976 / mo

666 Days on Market

Highlights

  • Barn
  • Corner Lot
  • Landscaped with Trees
  • 56.5 Acre Lot
  • Pasture
  • Lot Has A Rolling Slope

About This Lot

As of September 2022

Opportunity for potential industrial/commercial development. Property is located in area of industrial development just west of GA 400 at Settingdown and Martin Roads. Frontage on three (3) arterial roads with gentle topography. Utilities within reasonable distance to site.

Last Agent to Sell the Property

JB Bader

Keller Williams Realty Community Partners License #144398 Listed on: 05/14/2019

Keller Williams Realty Community Partners

Last Buyer's Agent

Scott Hutchison

Wilson Hutchison Realty, LLC. License #262587

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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,746

Year Built

  • Built in 1955

Lot Details

  • 56.5 Acre Lot
  • Property fronts a state road
  • Barbed Wire
  • Corner Lot
  • Lot Has A Rolling Slope
  • Landscaped with Trees
  • Grass Covered Lot
  • Property is zoned AG

Schools

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

Farming

  • Barn
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 236 006

Property Details

Property Type

Land

Est. Annual Taxes

$1,746

Year Built

Built in 1955

Lot Details

56.5 Acres

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Current Classification: Undeveloped/Zoned Agriculture
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Exterior Features

  • Other Structures: Barn(s)
  • Fencing: Barbed Wire

Lot Info

  • Acres: 56.5000
  • Timber: Mixed
  • Possible Use: Commercial, Industrial
  • Section G M D: 1
  • Current Zoning: AG
  • Current Use: Agricultural, Cattle, Horses
  • Lot Features: Corner Lot, Rolling Slope
  • Parcel Number: 236 006
  • Price Acre Dollar: 59026.55
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 1746.00
  • Additional Assessor Parcel Numbers: 236-044, 215-037 and 216-024
  • Tax Year: 2018

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Coal Mountain
  • High School: North Forsyth
  • Middle School: North Forsyth

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2025
Sold by
Bought by
Current Estimated Value
$548,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,825,000
Outstanding Balance
$36,470,400
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$35,921,520

Purchase Details

Listed on
May 14, 2019
Closed on
Sep 8, 2022
Sold by
Bought by
Seller's Agent
JB Bader
Keller Williams Realty Community Partners
Buyer's Agent
Scott Hutchison
Wilson Hutchison Realty, LLC.
List Price
$7,062,500
Sold Price
$3,335,000
Premium/Discount to List
-$3,727,500
-52.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-36.60%

Purchase Details

Closed on
Apr 28, 2021
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$13,000,000 None Listed On Document
$1,907,900 --
$1,258,100 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $45,825,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/08/2022 09/08/22 Sold $3,335,000 -52.8% --
04/21/2022 04/21/22 For Sale $7,062,500 0.0% --
03/10/2021 03/10/21 Pending -- -- --
05/14/2019 05/14/19 For Sale $7,062,500 -- --
Source: First Multiple Listing Service (FMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,579 $976,074 $780,861 $195,213
2025 $11,579 $956,936 $765,550 $191,386
2024 $11,473 $938,174 $750,540 $187,634
2023 $11,250 $919,779 $735,824 $183,955
2022 $10,725 $901,746 $721,397 $180,349
2021 $10,675 $884,065 $707,252 $176,813
2019 $4,028 $325,994 $114,094 $211,900
2018 $3,916 $319,603 $111,857 $207,746
2016 $3,729 $307,194 $107,514 $199,680
2015 $3,675 $302,581 $105,900 $196,681
2014 $3,693 $296,655 $103,826 $192,829
Source: Public Records

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6552796

First Multiple Listing Service (FMLS)

APN: 236-006

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