NOT LISTED FOR SALE

4625 Forest Place Cumming, GA 30041

Estimated Value: $474,000 - $561,000

4 Beds
4 Baths
2,981 Sq Ft
$169/Sq Ft Est. Value

Last Sold August 25, 2012

Last sale price $120,000 $40 Per Sq Ft

Est. 321% increase in value since last sale

Current estimated payment $3,108/month

118 Days on Market

Highlights

  • Recreation Room
  • Living Room
  • Family Room
  • Mashburn Elementary School Rated A
  • Dining Room

About This Home

As of August 2012

FORECLOSURE - GREAT LOCATION TO LAKE LANIER, SHOPS & 400 LARGE RANCH ON FULL FIN BSMNT W/ BATH & FENCED YRD. LR, DR, FR W/ FPL, FINISHED BASEMENT, BATH HAS WALK-IN S

Last Listed By

Shanna Jackson

Jackson Realty License #157368 Listed on: 03/30/2012

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,369

Year Built

  • 1973

Lot Details

  • 0.43

Interior Spaces

  • 2,981 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Natural lighting in basement

Schools

  • Mashburn / Forsyth / Forsyth County Elementary School
  • Otwell / Forsyth / Forsyth County Middle School
  • Forsyth Central / Forsyth / Forsyth County High School

Utilities

  • Gas Water Heater

Property Details

Home Type

Other

Est. Annual Taxes

$3,369

Year Built

1973

Lot Details

0

Listing Details

  • Special Features: 20
  • Year Built: 1973

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Factory Built
  • Basement: Bath Finished, Daylight, Inside Entrance, Outside Entrance, Finished Rooms, Full
  • Kitchen Equipment: Separate Cooktop, Dishwasher, Icemaker Line, Refrigerator, Double Oven
  • Interior Amenities: Entrance Foyer, Wall-to-wall Carpet, Double Vanity, Tile Floors
  • Laundry Location: Kitchen Area
  • Laundry Type: Room
  • Kitchen / Breakfast: Breakfast Area
  • Above Grade Finished Sq Ft: 2981

Exterior Features

  • Exterior Features: Deck/Patio, Fenced Yard
  • Roof Type: Composition

Garage/Parking

  • Parking: 2 Car, Attached, Auto Garage Door, Garage, Kitchen Level Entry

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Gas
  • Heating: Forced Air
  • Energy Features: Gas Water Heater
  • Water/Sewer: Public Water, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 150
  • HOA Fee Frequency: Annual

Schools

  • Elementary School: Mashburn / Forsyth / Forsyth County, GA
  • Elementary Bus Line: Yes
  • High School: Forsyth Central / Forsyth / Forsyth County, GA
  • High School Bus: Yes
  • Middle School: Otwell / Forsyth / Forsyth County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Cul De Sac, Private Backyard
  • Lot Size: 1/3 - 1/2 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2017
Sold by
Cobb Larry
Bought by
Cobb Lance and Cobb Heather
Total Days on Market
118
Current Estimated Value
$505,029

Purchase Details

Listed on
Mar 30, 2012
Closed on
Jul 25, 2012
Sold by
Springleaf Financial Svcs
Bought by
Cobb Larry
Seller's Agent
Shanna Jackson
Jackson Realty
Buyer's Agent
Deborah Negley
Keller Williams Realty Atl. Partners
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.53%

Purchase Details

Closed on
Dec 6, 2011
Sold by
Bennett James
Bought by
Springleaf Financial Svcs Inc

Purchase Details

Closed on
Mar 31, 2000
Sold by
Bennett James L
Bought by
Bennett James L and Bennett Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.27%
Mortgage Type
New Conventional

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
Cobb Lance $135,000 --
Cobb Larry $120,000 --
Springleaf Financial Svcs Inc $125,000 --
Bennett James L -- --
Bennett James L $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bennett James L $30,000
Previous Owner Bennett James L $132,500
Previous Owner Bennett James L $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2012 08/25/12 Sold $120,000 0.0% $40 / Sq Ft
07/26/2012 07/26/12 Pending -- -- --
03/30/2012 03/30/12 For Sale $120,000 -- $40 / Sq Ft
Source: Georgia MLS

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 $3,369 $170,512 $56,000 $114,512
2023 $2,736 $154,488 $44,000 $110,488
2022 $2,943 $101,840 $28,000 $73,840
2021 $2,509 $101,840 $28,000 $73,840
2020 $2,447 $98,824 $28,000 $70,824
2019 $2,358 $94,324 $20,000 $74,324
2018 $2,064 $79,828 $20,000 $59,828
2017 $1,979 $71,292 $20,000 $51,292
2016 $1,801 $64,892 $16,000 $48,892
2015 $1,804 $64,892 $16,000 $48,892
2014 $1,620 $61,196 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 03208980

Georgia MLS

APN: 199-112