NOT LISTED FOR SALE

4755 Matt Hwy Cumming, GA 30028

Estimated Value: $440,443

5.66 Acres
$77,762 Price per Acre
246,724 Sq Ft Lot

Last Sold June 07, 2023

Last sale price $410,000

Est. 7% increase in value since last sale

Current estimated payment $2,613/month

451 Days on Market

Highlights

  • River View
  • Wetlands on Lot
  • Level Lot
  • Coal Mountain Elementary School Rated A

About This Lot

As of June 2023

Gentle topography with gravity flow sanitary sewer located on high trafficed, Matt Highway (highway 369). Near new Publix Shopping Center. A 5.66-acre tract situated at 4755 Matt Hwy in Cumming, GA. The rough graded land is zoned A-1 and currently has utilities to site. It is a great development opportunity with the option to be rezoned for another use.0.837 acres of the land are flood acres with the remaining 4.827 acres out of the floodplain.

Last Agent to Sell the Property

Gary Keel

Keel Properties, Inc. License #107750 Listed on: 02/01/2022

Last Buyer's Agent

Gary Keel

Keel Properties, Inc. License #107750 Listed on: 02/01/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,843

Year Built

  • Built in 2000

Lot Details

  • 5.66 Acre Lot
  • Lot Dimensions are 400 x 200
  • Property fronts a highway
  • Perimeter Fence
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Property is zoned A1

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • River Views
  • Wetlands on Lot

Listing and Financial Details

  • Assessor Parcel Number 145 023

Property Details

Property Type

Land

Est. Annual Taxes

$2,843

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: 3-1 405 1.67 AC TO DOT ROW PER DB 8861-773---2019
  • Property Type: Land
  • MLS Status: Closed
  • Current Classification: Developed/Zoned Agriculture
  • Restrictions Requirements: Deed Restrictions
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Exterior Features

  • Fencing: Perimeter
  • View: River

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: .

Schools

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

Lot Info

  • Acres: 5.6640
  • Lot: .
  • Land/Lot: 405
  • Possible Use: Commercial, Industrial, Office, Place of Worship, Recreational, Retail, Warehouse, Wholesale
  • Section G M D: 1
  • Current Zoning: A1
  • Deed Book: 8861
  • Deed Page: 773
  • Plat Book: .
  • Plat Page: .
  • Current Use: Agricultural
  • Lot Features: Level, Sloped, Wetlands
  • Lot Dimensions: 400 x 200
  • Parcel Number: 145 023
  • Price Acre Dollar: 72387.01
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 2843.00
  • Assessor Parcel Number: 145-000-023
  • Close Date: 2023-06-07
  • Tax Year: 2021

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
Feb 1, 2022
Closed on
Jun 7, 2023
Sold by
Stovall Paul S
Bought by
Bluegrass Valley Infinite Group Llc
Seller's Agent
Gary Keel
Keel Properties, Inc.
Buyer's Agent
Gary Keel
Keel Properties, Inc.
List Price
$429,900
Sold Price
$410,000
Premium/Discount to List
-$19,900
-4.63%
Views
129
Current Estimated Value
$440,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,443
Avg. Annual Appreciation
3.09%

Purchase Details

Closed on
May 14, 2010
Sold by
H & H Dev Associates Inc
Bought by
Crescent Bk & Trust Co

Purchase Details

Closed on
Oct 3, 2008
Sold by
Flanagan Jimmy D and Flanagan Nancy A
Bought by
Stovall Paul S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.34%
Mortgage Type
New Conventional
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
Bluegrass Valley Infinite Group Llc $410,000 Stewart Title
Crescent Bk & Trust Co -- --
Stovall Paul S $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stovall Paul S $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2023 06/07/23 Sold $410,000 -4.6% --
04/28/2023 04/28/23 Pending -- -- --
02/11/2023 02/11/23 For Sale $429,900 +4.9% --
02/02/2023 02/02/23 Off Market $410,000 -- --
02/01/2022 02/01/22 For Sale $429,900 -- --
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 $3,339 $158,536 $141,696 $16,840
2024 $3,339 $136,152 $118,536 $17,616
2023 $3,492 $141,880 $114,448 $27,432
2022 $3,103 $102,948 $76,612 $26,336
2021 $2,843 $102,948 $76,612 $26,336
2020 $2,847 $103,096 $76,612 $26,484
2019 $2,227 $80,536 $53,912 $26,624
2018 $2,566 $92,796 $66,020 $26,776
2017 $2,202 $79,336 $52,124 $27,212
2016 $1,157 $41,696 $41,696 $0
2015 $1,159 $41,696 $41,696 $0
2014 $1,104 $41,696 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6996705

First Multiple Listing Service (FMLS)

APN: 145-023