NOT LISTED FOR SALE

5420 Parks Rd Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $696,000 - $1,006,000

2 Acres
$429,539 Price per Acre
87,120 Sq Ft Lot

Last Sold February 15, 2019

Last sale price $100,000

Est. 759% increase in value since last sale

Current estimated payment $5,055/month

35 Days on Market

Highlights

  • 2 Acre Lot
  • Chattahoochee Elementary School Rated A
  • Wooded Lot

About This Lot

As of February 2019

North Forsyth - 2 Ac - No HOA - Dreaming of a modern farmhouse in a pastoral serene setting? This is it! Owner/Agent. Bring your builder or use ours. Bring your plan or use ours. Design/build services. Photos of home here are of our personal home which is on the acreage next to this property are shown as representative of what you could build, but their are so many options! Can not see property from the road. Note: Part of the drive in from Parks Rd is shared between the 3 homes. Property has electric to it and water can be run.

Last Agent to Sell the Property

Carolyn Watters Associates

NOT A VALID MEMBER License #DUP Listed on: 11/28/2018

Co-Listed By

Carolyn Watters

Atlanta Communities License #242899

Last Buyer's Agent

Carolyn Watters Associates

NOT A VALID MEMBER License #DUP Listed on: 11/28/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,951

Year Built

  • 2018

Lot Details

  • 2 Acre Lot
  • Wooded Lot
  • Property is zoned R4

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 269 067

Property Details

Property Type

Land

Est. Annual Taxes

$5,951

Year Built

2018

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Current Classification: Undeveloped/Zoned Residential
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2018

Property Details

  • Property: Land

Utilities

  • Utilities: Electricity Available, Water Available

Schools

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

Lot Info

  • Acres: 2.0000
  • Land/Lot: 689
  • Possible Use: Recreational
  • Section G M D: 1
  • Current Zoning: R4
  • Plat Book: 171
  • Plat Page: 271
  • Current Use: Vacant
  • Lot Dimensions: 2
  • Parcel Number: 269 067
  • Price Acre Dollar: 50000.00
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 269-000-067
  • Close Date: 2019-02-15
  • Tax Year: 2018

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

Closed on
Dec 14, 2017
Sold by
Hattub Michael J
Bought by
Watters Curran B and Watters Carolyn
Total Days on Market
35
Current Estimated Value
$859,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2012
Sold by
Culpepper David D
Bought by
Hattub Michael J
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
Watters Curran B $240,000 --
Hattub Michael J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watters Curran B $250,000
Open Watters Carolyn $477,800
Closed Watters Curran B $493,936
Closed Foster Donald K $75,000
Closed Watters Curran B $500,000
Closed Watters Curran B $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $100,000 -23.1% --
01/02/2019 01/02/19 Pending -- -- --
11/28/2018 11/28/18 For Sale $130,000 -- --
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
2024 $5,951 $282,420 $75,348 $207,072
2023 $5,355 $267,460 $75,348 $192,112
2022 $5,347 $194,584 $58,968 $135,616
2021 $5,049 $194,584 $58,968 $135,616
2020 $4,922 $188,416 $58,968 $129,448
2019 $4,452 $161,000 $32,760 $128,240
2018 $918 $33,192 $32,760 $432
2017 $1,285 $46,284 $45,760 $524
2016 $1,285 $46,284 $45,760 $524
2015 $1,287 $46,284 $45,760 $524
2014 $1,227 $46,344 $45,760 $584
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Carolyn Watters Associates

    NOT A VALID MEMBER

    Section Image
  • Carolyn Watters

    Seller Co-Listing Agent in 2019

    Carolyn Watters

    Atlanta Communities

    (678) 643-1731

    8 in this area

    61 Total Sales

    Carolyn Watters
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6104895

First Multiple Listing Service (FMLS)

APN: 269-067

Georgia Forsyth County Cumming 30041 Lake Lanier

5420 Parks Rd, Cumming, GA

This home is located at 5420 Parks Rd, Cumming, GA 30041 since 28 November 2018 and is currently estimated at $859,078. This property was built in 2018. 5420 Parks Rd 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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