NOT LISTED FOR SALE

5370 Driver Ln Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $608,000

14 Acres
$43,867 Price per Acre
603,742 Sq Ft Lot

Last Sold April 12, 2022

Last sale price $500,000

Est. 22% increase in value since last sale

Current estimated payment $3,865/month

221 Days on Market

Highlights

  • 13.86 Acre Lot
  • Partially Wooded Lot
  • Home fronts a stream
  • Chattahoochee Elementary School Rated A
  • No HOA

About This Lot

As of April 2022

Location, location, location!!! 13.86 acres in highly desirable Forsyth County perfect for developers! Currently zoned low density residential (LR). Wooded, rolling hills, walking trails throughout for easy access to the land. Stream located in back of property. Property located at the end of Driver Lane with neighboring high end new construction. Please text for more info!

Last Listed By

Angela Waisath

Coldwell Banker Realty License #360118 Listed on: 07/15/2021

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,511

Lot Details

  • 13.86 Acre Lot
  • Home fronts a stream
  • Partially Wooded Lot
  • Zoning described as Agricultural

Schools

  • Chestatee Primary Elementary School
  • Little Mill Middle School

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$5,511

Lot Details

0

Listing Details

  • Property Type: Land
  • Financing Type: Cash
  • Lot Size Acres: 13.86
  • Property Sub-Type: Residential Lot
  • Road Surface Type: Paved
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Other
  • Waterfront Features: Creek

Utilities

  • Sewer: Other
  • Utilities: None
  • Water Source: Other

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Chestatee Primary
  • High School: Other
  • Middle School: Little Mill
  • Elementary School: Chestatee Primary
  • Middle School: Little Mill
  • High School: Other

Lot Info

  • Deed Book: 223
  • Deed Page: 505
  • Plat Book: 10
  • Plat Page: 305
  • Zoning Description: Agricultural

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5511

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2024
Sold by
Syra Llc
Bought by
4Sythdrivers Investors Llc
Total Days on Market
221
Current Estimated Value
$608,000

Purchase Details

Listed on
Jul 15, 2021
Closed on
Apr 12, 2022
Sold by
Hameed Yaserarafath Abdul
Bought by
Syra Llc
Seller's Agent
Angela Waisath
Coldwell Banker Realty
List Price
$623,700
Sold Price
$500,000
Premium/Discount to List
-$123,700
-19.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Source: Public Records

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    Don't miss this rare opportunity at undeveloped, unrestricted land in the North Metro Atlanta area! Near the Cumming and Matt community, this property is located in one of the few areas left that has the privacy and feel of rural living with all of the access to the amenities of the Metro Atlanta area. It is about 1 hour to the city of Atlanta. It is located centrally between Cumming,

    Sellers Tate Southeastern Land Group

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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
4Sythdrivers Investors Llc $535,000 None Listed On Document
4Sythdrivers Investors Llc $535,000 None Listed On Document
Syra Llc -- Feldman Law Offices Llc
Yaserarafath Abdul Hameed -- Feldman Law Offices Llc
Hameed Yaserarafath Abdul $500,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2022 04/12/22 Sold $500,000 -11.8% --
02/21/2022 02/21/22 Pending -- -- --
10/23/2021 10/23/21 Price Changed $567,000 -9.1% --
09/09/2021 09/09/21 For Sale $623,700 0.0% --
07/26/2021 07/26/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $623,700 -- --
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 $5,547 $226,196 $226,196 --
2023 $4,923 $200,000 $200,000 $0
2022 $5,312 $199,584 $199,584 $0
2021 $5,511 $199,584 $199,584 $0
2020 $5,511 $199,584 $199,584 $0
2019 $3,066 $110,880 $110,880 $0
2018 $3,066 $110,880 $110,880 $0
2017 $3,077 $110,880 $110,880 $0
2016 $3,077 $110,880 $110,880 $0
2015 $3,083 $110,880 $110,880 $0
2014 $2,935 $110,880 $110,880 $0
Source: Public Records

Agents Affiliated with this Home

  • Angela Waisath

    Seller's Agent in 2022

    Angela Waisath

    Coldwell Banker Realty

    (770) 865-3546

    1 in this area

    56 Total Sales

    Angela Waisath
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Map

Source: Georgia MLS

MLS Number: 9015523

Georgia MLS

APN: 269-074

Georgia Forsyth County Cumming 30041 Lake Lanier

5370 Driver Ln, Cumming, GA

This home is located at 5370 Driver Ln, Cumming, GA 30041 since 15 July 2021 and is currently estimated at $608,000. 5370 Driver Ln is a home located in Forsyth County with nearby schools including Chattahoochee Elementary School, Little Mill Middle School, and Cornerstone Schools.

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