NOT LISTED FOR SALE

5650 Burruss Mill Rd Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $260,000 - $327,515

3 Beds
1 Bath
1,392 Sq Ft
$210/Sq Ft Est. Value

Last Sold November 20, 2018

Last sale price $125,000 $90 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,772/month

Highlights

  • Additional Residence on Property
  • Barn
  • RV or Boat Parking
  • Chestatee Elementary School Rated A-
  • Stables
  • 2.01 Acre Lot

About This Home

As of November 2018

So much potential for this property near Lake Lanier. Lots of new communities/ homes in the area. This lot is 2+ acres with multiple existing structures having access to plumbing and electric services. If you are the Investor, Builder, Renovator or just looking for a place to build your dream home... this could be it. It is rare to find this much land with this much potential these days. Don't wait and don't hesitate... it won't last long. ** H&B Due by Noon on 11/6/18. **

Last Agent to Sell the Property

DAVID MCCOY

Virtual Properties Realty.Net, LLC. License #344132 Listed on: 10/31/2018

Virtual Properties Realty.Net, LLC.

Last Buyer's Agent

Kim Gullatt

Weekley Homes Realty License #380240

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,108

Year Built

  • Built in 1906

Lot Details

  • 2.01 Acre Lot
  • Private Lot
  • Corner Lot

Parking

  • 1 Car Garage
  • 2 Carport Spaces
  • Parking Pad
  • Side Facing Garage
  • RV or Boat Parking

Home Design

  • Cottage
  • Cabin
  • Fixer Upper
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,392 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Bonus Room
  • Workshop
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding
  • Rear Porch

Schools

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

Additional Features

  • Additional Residence on Property
  • Barn
  • Stables
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 269 008

Community Details

Overview

  • Community Lake

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,108

Year Built

Built in 1906

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin, Cottage
  • Property Condition: Fixer Upper
  • Year Built: 1906
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Basement: Crawl Space
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Workshop, Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1392.00

Beds/Baths

  • Total Bedrooms: 3
  • Main Bedrooms: 3
  • Total Full Baths: 1
  • Main Full Bathrooms: 1

Exterior Features

  • Other Structures: Barn(s), Outbuilding, RV/Boat Storage, Second Residence, Shed(s), Stable(s), Workshop
  • Construction Materials: Vinyl Siding
  • Roof Type: Metal
  • Patio And Porch Features: Deck, Rear Porch, Side Porch

Garage/Parking

  • Carport or Garage: 1
  • Number of Carport Spaces: 2
  • Number of Garage Spaces: 1
  • Parking Features: Garage, Garage Faces Side, Parking Pad

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Utilities: Electricity Available, Natural Gas Available

Condo/Co-op/Association

  • Community Features: Lake, Near Trails/Greenway
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Acres: 2.0100
  • Deed Book: 8340
  • Deed Page: 56
  • Lot Features: Corner Lot, Private
  • Lot Dimensions: x 270
  • Parcel Number: 269 008
  • Property Attached Yn: No

Tax Info

  • Taxes: 1108.00
  • Assessor Parcel Number: 269-000-008
  • Close Date: 2018-11-20
  • Tax Year: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2021
Sold by
Hahn Herbert
Bought by
Hahn Hurburt and Hahn Collin
Current Estimated Value
$291,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$154,687
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$136,942

Purchase Details

Listed on
Oct 31, 2018
Closed on
Nov 20, 2018
Sold by
Rcm Fund 1 Owner Llc
Bought by
Starn Steven Arthur
Seller's Agent
DAVID MCCOY
Virtual Properties Realty.Net, LLC.
Buyer's Agent
Kim Gullatt
Weekley Homes Realty
List Price
$105,000
Sold Price
$125,000
Premium/Discount to List
$20,000
19.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.14%

Purchase Details

Closed on
Sep 5, 2017
Sold by
Hicks Karen L
Bought by
Rcm Fund 1 Owner Llc
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
Hahn Hurburt -- --
Hahn Herbert $180,000 --
Starn Steven Arthur $125,000 --
Rcm Fund 1 Owner Llc $104,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hahn Herbert $170,000
Closed Hahn Hurburt $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2018 11/20/18 Sold $125,000 +19.0% $90 / Sq Ft
11/09/2018 11/09/18 Pending -- -- --
10/31/2018 10/31/18 For Sale $105,000 -- $75 / 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 $2,712 $135,372 $68,984 $66,388
2024 $2,712 $110,584 $46,432 $64,152
2023 $2,638 $107,172 $46,432 $60,740
2022 $1,916 $80,540 $29,008 $51,532
2021 $2,224 $80,540 $29,008 $51,532
2020 $2,164 $78,372 $29,008 $49,364
2019 $1,383 $50,000 $20,000 $30,000
2018 $1,548 $55,984 $22,416 $33,568
2017 $1,108 $48,424 $19,780 $28,644
2016 $1,024 $44,468 $15,824 $28,644
2015 $1,026 $44,468 $15,824 $28,644
2014 $933 $42,884 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • DAVID MCCOY

    Seller's Agent in 2018

    DAVID MCCOY

    Virtual Properties Realty

    (215) 840-6101

    6 Total Sales

    DAVID MCCOY
    Section Image
  • Kim Gullatt

    Buyer's Agent in 2018

    Kim Gullatt

    Weekley Homes Realty

    (678) 591-8180

    1 in this area

    16 Total Sales

    Kim Gullatt
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6093877

First Multiple Listing Service (FMLS)

APN: 269-008

Georgia Forsyth County Cumming 30041 Lake Lanier

5650 Burruss Mill Rd, Cumming, GA

This home is located at 5650 Burruss Mill Rd, Cumming, GA 30041 since 31 October 2018 and is currently estimated at $291,629, approximately $209 per square foot. This property was built in 1906. 5650 Burruss Mill Rd 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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