NOT LISTED FOR SALE

5240 Kendalls Way Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $585,000 - $612,000

0.74 Acre
$811,319 Price per Acre
32,234 Sq Ft Lot

Last Sold November 07, 2018

Last sale price $34,000

Est. 1,666% increase in value since last sale

Current estimated payment $3,651/month

Highlights

  • Partially Wooded Lot
  • Corner Lot
  • Cul-De-Sac
  • Chestatee Elementary School Rated A-

About This Lot

As of November 2018

Beautiful wooded lot. Close to Georgia 400, Lake Lanier and the North Georgia Outlets. This lot is just under 3/4 acre at .74 acres, gently sloping from the street to the back of the lot. Owner is a builder and can build to suit.

Last Agent to Sell the Property

Virginia Hennigar

Century 21 Results License #301581 Listed on: 07/24/2018

Century 21 Results

Co-Listed By

Alex Hennigar

Century 21 Results License #181637

Last Buyer's Agent

Nancy Thompson

Keller Williams Realty Atlanta Partners License #352963

Keller Williams Realty Atlanta Partners

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $222

Lot Details

  • 0.74 Acre Lot
  • Cul-De-Sac
  • Corner Lot
  • Level Lot
  • Partially Wooded Lot

Schools

  • Silver City Elementary School
  • North Forsyth Middle School
  • North Forsyth High School

Utilities

  • Underground Utilities
  • Cable TV Available

Community Details

  • Heritage Place Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 249 284

Property Details

Property Type

Land

Est. Annual Taxes

$222

Lot Details

0

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

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Subdivision Complex: Heritage Place

Schools

  • Elementary School: Silver City
  • Middle School: North Forsyth
  • High School: North Forsyth

Lot Info

  • Acres: 0.7400
  • Lot: 14
  • Land/Lot: 589&594
  • Current Zoning: Res
  • Plat Book: 83
  • Plat Page: 270
  • Lot Features: Corner Lot, Cul-De-Sac, Curbs & Gutters, Level, Sidewalk, Sloped
  • Lot Dimensions: .74
  • Parcel Number: 249 284
  • Price Acre Dollar: 45946.00
  • Property Attached Yn: No

Tax Info

  • Taxes: 222.00
  • Assessor Parcel Number: 249-000-284
  • Close Date: 2018-11-07
  • Tax Year: 2016

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Silver City
  • High School: North Forsyth
  • Middle School: North Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2019
Sold by
Royal T Homes & Realty Inc
Bought by
Thompson Derick
Current Estimated Value
$600,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2018
Closed on
Nov 7, 2018
Sold by
Gvickers Enterprises Inc
Bought by
Royal T Homes & Realty Inc
Seller's Agent
Virginia Hennigar
Century 21 Results
Buyer's Agent
Nancy Thompson
Keller Williams Realty Atlanta Partners
List Price
$45,000
Sold Price
$34,000
Premium/Discount to List
-$11,000
-24.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.79%

Purchase Details

Listed on
Jul 22, 2011
Closed on
Feb 15, 2013
Sold by
Bank Of The Ozarks
Bought by
Vickers Greg
Seller's Agent
Ronnie Waller
NOT A VALID MEMBER
Buyer's Agent
Steve Pate
NOT A VALID MEMBER
List Price
$38,500
Sold Price
$9,000
Premium/Discount to List
-$29,500
-76.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.11%
Source: Public Records

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
Thompson Derick $290,000 --
Royal T Homes & Realty Inc $34,000 --
Vickers Greg $9,000 --
Gvickers Enterprises Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Derick $448,000
Closed Thompson Derick $281,300
Closed Thompson Derick $275,500
Previous Owner Royal T Homes And Realty Inc $244,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2018 11/07/18 Sold $34,000 -24.4% --
10/18/2018 10/18/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $45,000 +400.0% --
02/15/2013 02/15/13 Sold $9,000 -76.6% --
02/15/2013 02/15/13 Pending -- -- --
07/22/2011 07/22/11 For Sale $38,500 -- --
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 $5,775 $231,560 $46,000 $185,560
2024 $5,775 $235,520 $40,000 $195,520
2023 $4,357 $177,032 $34,000 $143,032
2022 $3,819 $115,452 $13,600 $101,852
2021 $3,188 $115,452 $13,600 $101,852
2020 $3,062 $110,892 $13,600 $97,292
2019 $376 $13,600 $13,600 $0
2018 $221 $8,000 $8,000 $0
2017 $222 $8,000 $8,000 $0
2016 $222 $8,000 $8,000 $0
2015 $222 $8,000 $8,000 $0
2014 $95 $3,600 $3,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Virginia Hennigar

    Seller's Agent in 2018

    Virginia Hennigar

    Century 21 Results

    (770) 616-1110

    5 in this area

    87 Total Sales

    Virginia Hennigar
    Section Image
  • Alex Hennigar

    Seller Co-Listing Agent in 2018

    Alex Hennigar

    Century 21 Results

    (770) 875-6805

    1 in this area

    14 Total Sales

    Alex Hennigar
    Section Image
  • Nancy Thompson

    Buyer's Agent in 2018

    Nancy Thompson

    Keller Williams Realty Atlanta Partners

    (404) 597-5235

    7 in this area

    85 Total Sales

    Nancy Thompson
    Section Image

  • R

    Seller's Agent in 2013

    Ronnie Waller

    NOT A VALID MEMBER

    Section Image

  • S

    Buyer's Agent in 2013

    Steve Pate

    NOT A VALID MEMBER

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6047452

First Multiple Listing Service (FMLS)

APN: 249-284

Georgia Forsyth County Cumming 30041 Lake Lanier

5240 Kendalls Way, Cumming, GA

This home is located at 5240 Kendalls Way, Cumming, GA 30041 since 24 July 2018 and is currently estimated at $600,376. 5240 Kendalls Way is a home located in Forsyth County with nearby schools including Chestatee Elementary School and North Forsyth Middle School.

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