NOT LISTED FOR SALE

5555 Hancock Ln Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $431,000 - $444,803

3 Beds
2 Baths
1,778 Sq Ft
$247/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $252,000 $142 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,644/month

Highlights

  • Home Theater
  • Mountain View
  • Loft
  • Chestatee Elementary School Rated A-
  • Ranch Style House
  • Great Room

About This Home

As of May 2020

Stepless Ranch, No HOA & Large Level Lot! New Roof and offering a large open kitchen looking over your open vaulted family room with fireplace. Loft area can be used as a craft room or media room. Enjoy sitting in the evenings on your covered patio with mountain views and breeze.

Last Agent to Sell the Property

Patricia Thompson

Keller Williams North Atlanta License #333756 Listed on: 04/01/2020

Keller Williams North Atlanta

Last Buyer's Agent

Deborah Negley

NOT A VALID MEMBER License #255282

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $474

Year Built

  • Built in 2004

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 228x170x88x293
  • Landscaped
  • Level Lot
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Composition Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,778 Sq Ft Home
  • Tray Ceiling
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Awning
  • Insulated Windows
  • Family Room with Fireplace
  • Great Room
  • Home Theater
  • Loft
  • Bonus Room
  • Game Room
  • Home Gym
  • Mountain Views
  • Laundry Chute

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Indoor Grill
  • Gas Range
  • Dishwasher
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

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

Utilities

  • Central Air
  • Electric Air Filter
  • Heat Pump System
  • Heating System Uses Natural Gas
  • 110 Volts
  • Septic Tank
  • Cable TV Available

Additional Features

  • Grip-Accessible Features
  • Covered Patio or Porch
  • Property is near shops

Community Details

  • Sidney Mill Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 269 323

Home Details

Home Type

Single Family

Est. Annual Taxes

$474

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Traditional
  • Property Condition: Resale
  • Year Built: 2004
  • Accessibility Features: Grip-Accessible Features
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Fireplace Features: Factory Built, Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Indoor Grill, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Double Vanity, High Ceilings 10 ft Main, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Pantry, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Exercise Room, Game Room, Loft, Media Room
  • Dining Room Features: Great Room
  • Square Footage: 1778.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Shower Only

Exterior Features

  • Construction Materials: Stone, Vinyl Siding
  • Roof Type: Composition
  • Patio And Porch Features: Covered, Patio
  • Exterior Features: Awning(s), Garden
  • View: Mountain(s)

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Garage Faces Front, Kitchen Level

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Fire Alarm
  • Cooling: Ceiling Fan(s), Central Air, Electric Air Filter
  • Heating: Heat Pump, Natural Gas
  • Laundry Features: Laundry Chute
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Community Features: Near Shopping, Street Lights
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Sidney Mill

Schools

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

Lot Info

  • Acres: 0.5900
  • Lot: 17
  • Land/Lot: 726
  • Section G M D: 1
  • Plat Book: 76
  • Plat Page: 58-62
  • Lot Features: Back Yard, Front Yard, Landscaped, Level
  • Lot Dimensions: 228x170x88x293
  • Parcel Number: 269 323
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 474.00
  • Assessor Parcel Number: 269-000-323
  • Close Date: 2020-05-22
  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2020
Closed on
May 22, 2020
Sold by
Executor Ernst Heather Margaret
Bought by
Gates Richard and Gates Elizabeth P
Seller's Agent
Patricia Thompson
Keller Williams North Atlanta
Buyer's Agent
Deborah Negley
NOT A VALID MEMBER
List Price
$253,700
Sold Price
$252,000
Premium/Discount to List
-$1,700
-0.67%
Current Estimated Value
$438,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,451
Avg. Annual Appreciation
10.91%
Original Mortgage
$156,000
Outstanding Balance
$138,540
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$299,911

Purchase Details

Listed on
Mar 18, 2016
Closed on
Jun 22, 2016
Sold by
Wilder Sharon T
Bought by
White George R and White Patricia A
Seller's Agent
Charmaine Fleming
Berkshire Hathaway HomeServices Georgia Properties
Buyer's Agent
Patricia Thompson
Keller Williams North Atlanta
List Price
$179,900
Sold Price
$174,900
Premium/Discount to List
-$5,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%
Original Mortgage
$180,671
Interest Rate
3.64%
Mortgage Type
VA

Purchase Details

Closed on
Sep 1, 2004
Sold by
Keith Hyde Construction Inc
Bought by
Wilder Sharon T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,073
Interest Rate
0.25%
Mortgage Type
New Conventional
Source: Public Records

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
Gates Richard $252,000 --
White George R $174,900 --
Wilder Sharon T $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gates Richard $156,000
Previous Owner White George R $180,671
Previous Owner Wilder Sharon T $133,073
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $252,000 -0.7% $142 / Sq Ft
04/01/2020 04/01/20 For Sale $253,700 +45.1% $143 / Sq Ft
06/22/2016 06/22/16 Sold $174,900 0.0% $98 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
04/05/2016 04/05/16 Price Changed $174,900 -2.8% $98 / Sq Ft
03/18/2016 03/18/16 For Sale $179,900 -- $101 / 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
2025 $3,843 $167,172 $46,000 $121,172
2024 $3,843 $156,720 $40,000 $116,720
2023 $3,992 $162,204 $40,000 $122,204
2022 $2,853 $97,536 $18,000 $79,536
2021 $2,693 $97,536 $18,000 $79,536
2020 $481 $91,416 $18,000 $73,416
2019 $474 $80,416 $14,000 $66,416
2018 $478 $77,416 $14,000 $63,416
2017 $468 $64,840 $14,000 $50,840
2016 $1,539 $58,600 $10,000 $48,600
2015 $1,542 $58,600 $10,000 $48,600
2014 $1,355 $54,484 $10,000 $44,484
Source: Public Records

Agents Affiliated with this Home

  • Patricia Thompson

    Seller's Agent in 2020

    Patricia Thompson

    Keller Williams North Atlanta

    (770) 823-4669

    26 Total Sales

    Patricia Thompson
    Section Image

  • D

    Buyer's Agent in 2020

    Deborah Negley

    NOT A VALID MEMBER

    Section Image

  • C

    Seller's Agent in 2016

    Charmaine Fleming

    Berkshire Hathaway HomeServices Georgia Properties

    (404) 642-5773

    6 Total Sales

    Charmaine Fleming
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6704665

First Multiple Listing Service (FMLS)

APN: 269-323

Georgia Forsyth County Cumming 30041 Lake Lanier

5555 Hancock Ln, Cumming, GA

This home is located at 5555 Hancock Ln, Cumming, GA 30041 since 01 April 2020 and is currently estimated at $438,451, approximately $246 per square foot. This property was built in 2004. 5555 Hancock Ln is a home located in Forsyth County with nearby schools including Chestatee Elementary School, Little Mill Middle School, and Cornerstone Schools.

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