NOT LISTED FOR SALE

5470 Memphis St Cumming, GA 30040

Estimated Value: $117,000 - $475,000

3 Beds
2 Baths
1,728 Sq Ft
$189/Sq Ft Est. Value

Last Sold February 25, 2015

Last sale price $105,000 $61 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $1,858/month

29 Days on Market

Highlights

  • Private Lot
  • Wooded Lot
  • Great Room
  • Sawnee Elementary School Rated A
  • Ranch Style House
  • Open to Family Room

About This Home

As of February 2015

Great First Time Home or Investment property with a fenced yard and finished basement. Big Country Front porch and the backyard view is of the woods and pastures beyond for wonderful privacy. This is a hard to find in Forsyth County. Don't miss this opportunity.

Last Agent to Sell the Property

Bob Hartwell

Keller Williams Realty Atlanta Partners License #145633 Listed on: 12/10/2014

Keller Williams Realty Atlanta Partners

Co-Listed By

George Koutroulakis

Keller Williams Realty Atlanta Partners License #204721

Last Buyer's Agent

Shawn Robinson

HomeSmart License #243738

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $893

Year Built

  • Built in 1988

Lot Details

  • Fenced
  • Private Lot
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Composition Roof

Interior Spaces

  • 1,728 Sq Ft Home
  • Great Room
  • Carpet
  • Laundry Room

Kitchen

  • Open to Family Room
  • Electric Range
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • Bathtub and Shower Combination in Primary Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Laundry in Basement
  • Stubbed For A Bathroom
  • Natural lighting in basement

Outdoor Features

  • Front Porch

Schools

  • Matt Elementary School
  • Liberty - Forsyth Middle School
  • North Forsyth High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 5470MemphisST

Home Details

Home Type

Single Family

Est. Annual Taxes

$893

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1988
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Appliances: Dishwasher, Electric Range, Electric Water Heater
  • Interior Amenities: High Speed Internet
  • Basement: Bath/Stubbed, Daylight, Finished, Full, Interior Entry
  • Kitchen Features: Cabinets Other, Laminate Counters, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story
  • Square Footage: 1728.00

Beds/Baths

  • Total Bedrooms: 3
  • Lower Bedrooms: 1
  • Main Bedrooms: 2
  • Total Full Baths: 2
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Basement, Laundry Room

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually

Schools

  • Elementary School: Matt
  • Middle School: Liberty - Forsyth
  • High School: North Forsyth

Lot Info

  • Lot: 6
  • Land/Lot: 599
  • Section G M D: 1st
  • Deed Book: 5934
  • Deed Page: 619
  • Plat Book: 30
  • Plat Page: 19
  • Lot Features: Private, Wooded
  • Lot Dimensions: .69 Acre
  • Parcel Number: 5470MemphisST
  • Property Attached Yn: No

Tax Info

  • Taxes: 893.00
  • Assessor Parcel Number: 121-000-028
  • Close Date: 2015-02-25
  • Tax Year: 2013

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Matt
  • High School: North Forsyth
  • Middle School: Liberty - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2014
Closed on
Feb 25, 2015
Sold by
Drake Darren R
Bought by
Sadler Robert
Seller's Agent
Bob Hartwell
Keller Williams Realty Atlanta Partners
Buyer's Agent
Shawn Robinson
HomeSmart
List Price
$99,900
Sold Price
$105,000
Premium/Discount to List
$5,100
5.11%
Current Estimated Value
$310,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,699
Avg. Annual Appreciation
10.54%
Original Mortgage
$107,142
Outstanding Balance
$83,514
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$216,394

Purchase Details

Closed on
Mar 24, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Drake Darren R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,381
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 7, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 3, 2007
Sold by
Sabiston Marcella K
Bought by
Bac Home Loans Servicing Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2007
Sold by
Hud & Housing Of Urban Dev
Bought by
Jackson James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,840
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2006
Sold by
Midfirst Bk
Bought by
Secretary Of Hud

Purchase Details

Closed on
May 31, 2001
Sold by
Bramblett Deborah B
Bought by
Siewert David and Siewert Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,032
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 24, 1998
Sold by
Deb Inc
Bought by
Bramblett Deborah B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 1998
Sold by
Bramblett Deborah
Bought by
Deb Inc

Purchase Details

Closed on
Mar 14, 1995
Sold by
Colbert Debra
Bought by
Bramblett Walker H

Purchase Details

Closed on
Jul 28, 1993
Sold by
Federal National Mortgage Association
Bought by
Colbert Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,400
Interest Rate
7.34%
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
Sadler Robert $105,000 --
Drake Darren R -- --
Federal Home Loan Mortgage Corporation -- --
Bac Home Loans Servicing Lp $90,000 --
Sabiston Marcella K $138,000 --
Jackson James P -- --
Secretary Of Hud -- --
Midfirst Bk $123,876 --
Siewert David $120,900 --
Bramblett Deborah B -- --
Deb Inc $47,500 --
Bramblett Walker H $5,900 --
Colbert Debra $49,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sadler Robert $107,142
Previous Owner Drake Darren R $58,381
Previous Owner Sabiston Marcella K $138,000
Previous Owner Jackson James P $81,840
Previous Owner Siewert David $119,032
Previous Owner Bramblett Deborah $35,000
Previous Owner Bramblett Deborah B $55,000
Previous Owner Colbert Debra $47,400
Closed Bramblett Walker H $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2015 02/25/15 Sold $105,000 +5.1% $61 / Sq Ft
01/26/2015 01/26/15 Pending -- -- --
12/10/2014 12/10/14 For Sale $99,900 -- $58 / Sq Ft
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 $1,887 $91,540 $26,000 $65,540
2023 $1,302 $79,832 $20,000 $59,832
2022 $1,664 $54,640 $12,000 $42,640
2021 $1,509 $54,640 $12,000 $42,640
2020 $1,461 $52,904 $12,000 $40,904
2019 $1,443 $52,168 $12,000 $40,168
2018 $1,204 $43,552 $12,000 $31,552
2017 $1,126 $40,572 $12,000 $28,572
2016 $1,071 $38,572 $10,000 $28,572
2015 $998 $35,896 $8,000 $27,896
2014 $892 $33,676 $8,000 $25,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5374432

First Multiple Listing Service (FMLS)

APN: 121-028