NOT LISTED FOR SALE

5575 Elmo Rd Cumming, GA 30028

Estimated Value: $413,000 - $544,000

3 Beds
2 Baths
2,472 Sq Ft
$192/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $162,500 $66 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $2,892/month

3 Days on Market

Highlights

  • Ranch Style House
  • Cathedral Ceiling
  • Beamed Ceilings
  • Matt Elementary School Rated A
  • Wood Flooring
  • Walk-In Pantry

About This Home

As of September 2017

MULTIPLE OFFERS RECEIVED - HIGHEST & BEST DUE 9/8/2017 by 3PM ! This property has two homes with two addresses and is zoned commercial with over 500' feet of road frontage on just over 2 acres. Main house could be also be renovated into a great ranch home. Main property has a large family room with a wood burning fireplace and vaulted ceilings. Hardwood floors main living areas. Spacious kitchen, walk-in pantry, huge laundry room. Hall Bath has double vanities. Master Suite with private bath. Second home could be updated as a guest home or rental property. Cash Only.

Last Agent to Sell the Property

David Johnson

Atlanta Communities License #175435 Listed on: 09/05/2017

Atlanta Communities

Co-Listed By

Jane Johnson

Atlanta Communities License #334972

Last Buyer's Agent

Doug Prince

Virtual Properties Realty.com License #301595

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,566

Year Built

  • Built in 1983

Lot Details

  • 2.08 Acre Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Fixer Upper
  • Shingle Roof
  • Cedar

Interior Spaces

  • 2,472 Sq Ft Home
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Family Room with Fireplace
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Electric Range
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Crawl Space
  • Natural lighting in basement

Parking

  • 2 Carport Spaces
  • Parking Accessed On Kitchen Level
  • Driveway Level

Accessible Home Design

  • Accessible Entrance

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Doors

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 119 016

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,566

Year Built

Built in 1983

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: Fixer Upper
  • Year Built: 1983
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Glass Doors
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Double Vanity, High Speed Internet
  • Basement: Crawl Space, Daylight, Exterior Entry, Full
  • Kitchen Features: Breakfast Bar, Cabinets Other, Laminate Counters, Pantry Walk-In, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Square Footage: 2472.00

Beds/Baths

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

Exterior Features

  • Construction Materials: Cedar
  • Roof Type: Shingle

Garage/Parking

  • Carport or Garage: 2
  • Number of Carport Spaces: 2
  • Parking Features: Carport, Kitchen Level, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas, Propane
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available

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

  • Acres: 2.0800
  • Lot Features: Level
  • Lot Dimensions: 2.08 acre
  • Parcel Number: 119 016
  • Property Attached Yn: No

Green Features

  • Efficiency: Doors, Windows

Tax Info

  • Taxes: 3566.00
  • Assessor Parcel Number: 119-000-016
  • Close Date: 2017-09-15
  • Tax Year: 2016

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2017
Closed on
Sep 15, 2017
Bought by
Wac Properties Of Georgia Llc
Seller's Agent
David Johnson
Atlanta Communities
Buyer's Agent
Doug Prince
Virtual Properties Realty.com
List Price
$150,000
Sold Price
$162,500
Premium/Discount to List
$12,500
8.33%
Total Days on Market
3
Current Estimated Value
$473,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,469
Avg. Annual Appreciation
16.05%

Purchase Details

Closed on
Feb 23, 1999
Sold by
Jennings Bobby James
Bought by
Jennings Bobby and Jennings Margie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.79%
Mortgage Type
Commercial
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
Wac Properties Of Georgia Llc $162,500 --
Jennings Bobby -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richards Properties Lp $101,672
Previous Owner Jennings Bobby $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold $162,500 +8.3% $66 / Sq Ft
09/08/2017 09/08/17 Pending -- -- --
09/05/2017 09/05/17 For Sale $150,000 0.0% $61 / Sq Ft
03/04/2013 03/04/13 Rented $850 -5.6% --
03/04/2013 03/04/13 For Rent $900 -- --
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 $4,518 $184,240 $66,560 $117,680
2023 $4,327 $175,800 $66,560 $109,240
2022 $3,540 $119,480 $41,600 $77,880
2021 $3,299 $119,480 $41,600 $77,880
2020 $3,199 $115,840 $41,600 $74,240
2019 $3,161 $114,320 $41,600 $72,720
2018 $1,798 $65,000 $42,080 $22,920
2017 $3,566 $128,480 $83,200 $45,280
2016 $3,566 $128,480 $83,200 $45,280
2015 $3,572 $128,480 $83,200 $45,280
2014 $3,298 $124,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5900042

First Multiple Listing Service (FMLS)

APN: 119-016