NOT LISTED FOR SALE

4655 Fourth Rail Ln Cumming, GA 30040

Estimated Value: $509,000 - $557,000

3 Beds
3 Baths
3,464 Sq Ft
$154/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $405,000 $117 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,956/month

Highlights

  • Stone Countertops
  • Security System Owned
  • Central Air
  • Coal Mountain Elementary School Rated A
  • Brick Front
  • 2 Car Garage

About This Home

As of October 2021

This Cumming two-story home offers granite countertops, and a two-car garage. This home has been virtually staged to illustrate its potential.

Last Agent to Sell the Property

Kim Klir

Mainstay Brokerage LLC License #308458 Listed on: 08/19/2021

Mainstay Brokerage LLC

Last Buyer's Agent

CHONTA CLEMONS

Jason Mitchell Real Estate of Georgia, LLC License #292823

Jason Mitchell Real Estate of Georgia, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,056

Year Built

  • Built in 2008

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 3,464 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Security System Owned

Kitchen

  • Microwave
  • Stone Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 110 Volts
  • Private Water Source

Community Details

  • Bridgetowne #2 D Subdivision

Listing and Financial Details

  • Legal Lot and Block 642 / 115
  • Assessor Parcel Number 217 428

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,056

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Property Condition: Resale
  • Year Built: 2008
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Fireplace Features: Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Microwave
  • Kitchen Features: Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 3464.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 3

Exterior Features

  • Construction Materials: Brick Front, Cement Siding, Frame
  • Roof Type: Composition
  • Foundation: Slab

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Private
  • Security: Security System Owned
  • Cooling: Central Air
  • Heating: Natural Gas
  • Utilities: Electricity Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Subdivision Complex: BRIDGETOWNE #2-D

Schools

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

Lot Info

  • Acres: 0.1300
  • Lot: 642
  • Land/Lot: 20
  • Section G M D: Forsyth Co
  • Plat Book: 115
  • Plat Page: 103-1
  • Lot Dimensions: x
  • Parcel Number: 217 428
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 3056.00
  • Assessor Parcel Number: 217-000-428
  • Close Date: 2021-10-14
  • Tax Year: 2020

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
Aug 19, 2021
Closed on
Oct 14, 2021
Sold by
Opendoor Property Trust I
Bought by
Fakhori Rebecca
Seller's Agent
Kim Klir
Mainstay Brokerage LLC
Buyer's Agent
CHONTA CLEMONS
Jason Mitchell Real Estate of Georgia, LLC
List Price
$405,000
Sold Price
$405,000
Current Estimated Value
$533,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,176
Avg. Annual Appreciation
7.17%
Original Mortgage
$405,000
Outstanding Balance
$369,322
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$163,854

Purchase Details

Closed on
Jul 19, 2021
Sold by
Ferrante James
Bought by
Opendoor Property Trust I

Purchase Details

Listed on
Jul 25, 2017
Closed on
Nov 17, 2017
Sold by
Whitlow Shaun David
Bought by
James Ferrante and Ferrante Marilee
Seller's Agent
Clint McAfee
Clint McAfee & Associates
Buyer's Agent
Rhonda Knoeck
Chapman Hall Realtors
List Price
$257,892
Sold Price
$254,000
Premium/Discount to List
-$3,892
-1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
Original Mortgage
$249,399
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 2008
Sold by
Atreus Communities Of Northwes
Bought by
Whitlow Shaun D and Whitlow Deborah R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,241
Interest Rate
6.08%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Fakhori Rebecca $405,000 --
Opendoor Property Trust I $387,000 --
James Ferrante $254,000 --
Whitlow Shaun D $238,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fakhori Rebecca $405,000
Previous Owner James Ferrante $249,399
Previous Owner Whitlow Shaun D $236,241
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $405,000 0.0% $117 / Sq Ft
09/04/2021 09/04/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $405,000 +59.4% $117 / Sq Ft
11/17/2017 11/17/17 Sold $254,000 -1.5% $73 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
10/01/2017 10/01/17 For Sale $257,892 +1.5% $74 / Sq Ft
09/30/2017 09/30/17 Off Market $254,000 -- --
09/20/2017 09/20/17 Price Changed $257,892 -4.4% $74 / Sq Ft
08/02/2017 08/02/17 For Sale $269,900 +6.3% $78 / Sq Ft
07/31/2017 07/31/17 Off Market $254,000 -- --
07/25/2017 07/25/17 For Sale $269,900 -- $78 / Sq Ft
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
2025 $1,551 $203,232 $54,000 $149,232
2024 $1,551 $207,028 $54,000 $153,028
2023 $1,087 $187,204 $40,000 $147,204
2022 $3,767 $127,504 $20,000 $107,504
2021 $3,281 $127,504 $20,000 $107,504
2020 $3,056 $116,600 $20,000 $96,600
2019 $3,048 $115,976 $20,000 $95,976
2018 $2,722 $101,600 $17,240 $84,360
2017 $2,943 $106,052 $18,000 $88,052
2016 $2,700 $97,292 $17,200 $80,092
2015 $2,650 $95,292 $15,200 $80,092
2014 $2,196 $86,248 $13,100 $73,148
Source: Public Records

Agents Affiliated with this Home

  • Kim Klir

    Seller's Agent in 2021

    Kim Klir

    Mainstay Brokerage LLC

    (407) 634-1744

    6,081 Total Sales

    Kim Klir
    Section Image
  • CHONTA CLEMONS

    Buyer's Agent in 2021

    CHONTA CLEMONS

    Jason Mitchell Real Estate of Georgia, LLC

    (770) 378-1559

    35 Total Sales

    CHONTA CLEMONS
    Section Image
  • Clint McAfee

    Seller's Agent in 2017

    Clint McAfee

    Clint McAfee & Associates

    (770) 557-2757

    13 Total Sales

    Clint McAfee
    Section Image
  • Rhonda Knoeck

    Buyer's Agent in 2017

    Rhonda Knoeck

    Chapman Hall Realtors

    (678) 522-4508

    34 Total Sales

    Rhonda Knoeck
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6932664

First Multiple Listing Service (FMLS)

APN: 217-428

Georgia Forsyth County Cumming 30040

4655 Fourth Rail Ln, Cumming, GA

This home is located at 4655 Fourth Rail Ln, Cumming, GA 30040 since 19 August 2021 and is currently estimated at $533,176, approximately $153 per square foot. This property was built in 2008. 4655 Fourth Rail Ln is a home located in Forsyth County with nearby schools including Coal Mountain Elementary School, North Forsyth Middle School, and North Forsyth High School.

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