NOT LISTED FOR SALE

5282 Franklin Goldmine Rd Cumming, GA 30028

Estimated Value: $525,000 - $719,286

3 Beds
3 Baths
3,905 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 17, 2023

Last sale price $550,000 $141 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,779/month

3 Days on Market

Highlights

  • Second Kitchen
  • Deck
  • Main Floor Primary Bedroom
  • Poole's Mill Elementary School Rated A
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of May 2023

Four-sided brick ranch home on one+/- acre of land with no HOA. Don't miss out on this fantastic home. The owner's suite is on the main level together with two secondary bedrooms. The attic space could be designed and finished out as another bedroom/loft/office upstairs. The in-law suite in the basement is complete with a full kitchen and its own HVAC. Recently replaced roof. Newer carpets. Open floor plan with a family room, separate dining room and eat-in kitchen. Excellent location with frontage on Franklin Goldmine Road. Approximately 500 feet from Hwy 20/Canton Hwy Just minutes West of Downtown Cumming and GA 400.

Last Agent to Sell the Property

Doug Harden

Atlanta Fine Homes - Sotheby's Int'l License #314064 Listed on: 04/13/2023

Atlanta Fine Homes - Sotheby's Int'l

Last Buyer's Agent

Stephanie Beckwith

Redfin Corporation License #369305

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,809

Year Built

  • Built in 1994

Lot Details

  • 1.19

Home Design

  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Fire and Smoke Detector

Kitchen

  • Second Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Double Vanity
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom

Parking

  • Garage
  • Side or Rear Entrance to Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Poole's Mill Elementary School
  • Liberty Middle School
  • West Forsyth High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Septic Tank

Additional Features

  • Accessible Full Bathroom
  • 1.19 Acre Lot

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,809

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Financing Type: VA
  • Levels: Two
  • Lot Size Acres: 1.19
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 3905
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Double Oven, Microwave, Oven/Range (Combo)
  • Bedrooms: 3
  • Dining Room Features: Separate Room
  • Basement: Bath Finished, Exterior Entry, Finished, Full
  • Below Grade Finished Sq Ft: 1606
  • Total Finished Sq Ft: 2299
  • Above Grade Finished Sq Ft: 2299
  • Interior Amenities: Double Vanity, In-Law Floorplan, Master On Main Level, Separate Shower
  • Accessibility Features: Accessible Full Bath
  • Full Bathrooms: 3
  • Fireplace Features: Family Room, Gas Log, Gas Starter
  • Flooring: Carpet, Hardwood
  • Kitchen Features: Breakfast Area, Pantry, Second Kitchen, Solid Surface Counters
  • Price Per Square Foot: 140.845

Beds/Baths

  • Main Level Full Bathrooms: 3
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Brick
  • ExteriorFeatures: Other
  • Foundation Details: Pillar/Post/Pier
  • Lot Features: Other
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Parking Features: Attached, Garage, Side/Rear Entrance

Utilities

  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned
  • Laundry Features: Other
  • Security Features: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Poole's Mill
  • High School: West Forsyth
  • High School Bus: Yes
  • Middle School: Liberty
  • Middle School Bus: Yes
  • Elementary School: Poole's Mill
  • Middle School: Liberty
  • High School: West Forsyth

Lot Info

  • Deed Book: 862
  • Deed Page: 4

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4809

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
May 17, 2023
Sold by
Loyet Debra E
Bought by
Hinson Thomas Alan and Hinson Rachel L
Seller's Agent
Doug Harden
Atlanta Fine Homes - Sotheby's Int'l
Buyer's Agent
Stephanie Beckwith
Redfin Corporation
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$629,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,822
Avg. Annual Appreciation
4.93%
Original Mortgage
$568,150
Outstanding Balance
$555,086
Interest Rate
6.28%
Mortgage Type
VA
Estimated Equity
$53,128

Purchase Details

Closed on
Nov 10, 2022
Sold by
Evans David J
Bought by
Loyet Debra E
Source: Public Records

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Range of Values:

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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
Hinson Thomas Alan $550,000 None Listed On Document
Loyet Debra E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinson Thomas Alan $568,150
Previous Owner Evans David J $130,000
Previous Owner Evans David J $130,500
Previous Owner Evans David J $150,000
Previous Owner Evans David J $173,500
Previous Owner Evans David J $176,000
Previous Owner Evans David J $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2023 05/17/23 Sold $550,000 0.0% $141 / Sq Ft
04/17/2023 04/17/23 Off Market $550,000 -- --
04/17/2023 04/17/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $550,000 -- $141 / 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 $5,247 $220,000 $35,200 $184,800
2023 $5,216 $211,928 $38,984 $172,944
2022 $4,809 $146,924 $23,520 $123,404
2021 $4,057 $146,924 $23,520 $123,404
2020 $3,910 $141,592 $23,520 $118,072
2019 $538 $114,832 $18,292 $96,540
2018 $536 $99,140 $18,292 $80,848
2017 $535 $91,104 $16,552 $74,552
2016 $530 $87,620 $13,068 $74,552
2015 $530 $87,620 $13,068 $74,552
2014 $484 $78,796 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10139290

Georgia MLS

APN: 009-098