NOT LISTED FOR SALE

5225 Bourbons Ct Cumming, GA 30041

Estimated Value: $917,000 - $1,113,000

2 Acres
$505,648 Price per Acre
87,120 Sq Ft Lot

Last Sold September 30, 2014

Last sale price $104,000

Est. 872% increase in value since last sale

Current estimated payment $6,087/month

221 Days on Market

Highlights

  • 2 Acre Lot
  • Cul-De-Sac
  • Grass Covered Lot
  • Chestatee Elementary School Rated A
  • Lot Has A Rolling Slope

About This Lot

As of September 2014

BUILD YOUR DREAM HOME - ONLY 2 LOTS LEFT!!! BUY NOW, BUILD LATER! THIS 2 ACRE ESTATE LOT IS THE PERFECT PLACE WITH UNDERGROUND UTILITIES & COVENANTS TO PROTECT YOUR INVESTMENT! BASEMENT LOT! MINUTES FROM GA400 EXIT 17, LAKE LANIER & BENNETT PARK! YOU WILL LOVE THIS SUBDIVISION WITH SLIGHTLY ROLLING TERRAIN AND PARTIALLY WOODED FOR SHADE! GREAT SCHOOL DISTRICT!

Last Agent to Sell the Property

Mickey Hyams

Keller Williams Realty Community Partners License #222338 Listed on: 02/10/2014

Keller Williams Realty Community Partners

Last Buyer's Agent

Jeff Dean

NOT A VALID MEMBER License #356502

Property Details

Property Type

  • Land

Lot Details

  • 2 Acre Lot
  • Cul-De-Sac
  • Lot Has A Rolling Slope
  • Grass Covered Lot
  • Property is zoned AG

HOA Fees

  • $42 Monthly HOA Fees

Schools

  • Chestatee Elementary School
  • Little Mill Middle School
  • North Forsyth High School

Utilities

  • Underground Utilities
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Thoroughbred Ridge Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 5225BourbonsCT

Property Details

Property Type

Land

Lot Details

2 Acres

HOA Fees

$42 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Restrictions Requirements: Archit Controls
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Utilities

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

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Street Lights
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: THOROUGHBRED RIDGE

Lot Info

  • Acres: 2.0000
  • Lot: 2
  • Section G M D: 1st
  • Current Zoning: AG
  • Plat Book: 70
  • Plat Page: 122
  • Lot Features: Cul-De-Sac, Curbs & Gutters, Rolling Slope
  • Lot Dimensions: 2 ACRES
  • Parcel Number: 5225BourbonsCT
  • Price Acre Dollar: 52000.00
  • Property Attached Yn: No

Tax Info

  • Tax Year: 2013

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Chestatee
  • High School: North Forsyth
  • Middle School: Little Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2014
Closed on
Sep 30, 2014
Sold by
West Timothy N
Bought by
Victoria Pedro Sanchez
Seller's Agent
Mickey Hyams
Keller Williams Realty Community Partners
Buyer's Agent
Jeff Dean
NOT A VALID MEMBER
List Price
$129,900
Sold Price
$104,000
Premium/Discount to List
-$25,900
-19.94%
Current Estimated Value
$1,011,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$907,297
Avg. Annual Appreciation
21.93%

Purchase Details

Closed on
Nov 4, 2005
Sold by
Hy Pro Investment Props
Bought by
West Timothy N and West Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,300
Interest Rate
5.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Victoria Pedro Sanchez $104,000 --
West Timothy N $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner West Timothy N $114,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2014 09/30/14 Sold $104,000 -19.9% --
09/19/2014 09/19/14 Pending -- -- --
02/10/2014 02/10/14 For Sale $129,900 -- --
Source: First Multiple Listing Service (FMLS)

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 $9,401 $418,160 $69,668 $348,492
2024 $9,401 $383,380 $46,892 $336,488
2023 $8,852 $359,652 $46,892 $312,760
Source: Public Records

Agents Affiliated with this Home

  • Mickey Hyams

    Seller's Agent in 2014

    Mickey Hyams

    Keller Williams Realty Community Partners

    (404) 435-3400

    74 in this area

    155 Total Sales

    Mickey Hyams
    Section Image

  • J

    Buyer's Agent in 2014

    Jeff Dean

    NOT A VALID MEMBER

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5248941

First Multiple Listing Service (FMLS)

APN: 268-075

Georgia Forsyth County Cumming 30041

5225 Bourbons Ct, Cumming, GA

Not Listed for Sale

Lots

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