NOT LISTED FOR SALE

5771 Cumming Hwy Sugar Hill, GA 30518

Estimated Value: $242,000 - $452,000

3 Beds
1.5 Baths
1,248 Sq Ft
$262/Sq Ft Est. Value

Last Sold February 21, 2014

Last sale price $85,525 $69 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $2,109/month

72 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Front Porch
  • Sycamore Elementary School Rated A-
  • Wood Flooring
  • Family Room

About This Home

As of February 2014

PRICED REDUCED $15K! It's all about location! Close to Lake Lanier, easy access to shopping, stores, & more. This brick front home has 3 bedrooms, 1.5 baths, and full unfinished basement. Hardwoods and built-ins. Kitchen featuring lots of cabinets and tile backsplash opens to eating area with access to screened back porch and open deck overlooking mature hardwoods.

Last Agent to Sell the Property

Sherry Seegulam

Nation One Realty Group, Inc. License #306358 Listed on: 10/07/2013

Co-Listed By

Ramesh Seegulam

Nation One Realty Group, Inc. License #299976

Last Buyer's Agent

Alexander Kim

Virtual Properties Realty.com License #250609

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • Sloped Lot

Parking

  • 1 Carport Space

Home Design

  • Ranch Style House

Interior Spaces

  • 1,248 Sq Ft Home
  • Family Room
  • Unfinished Basement
  • Interior and Exterior Basement Entry
  • Wood Stained Kitchen Cabinets
  • Laundry on main level

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Sycamore Elementary School
  • Lanier Middle School
  • Lanier High School

Listing and Financial Details

  • Assessor Parcel Number 5771CummingHWY

Home Details

Home Type

Single Family

Year Built

Built in 1971

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: 1971
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Basement: Exterior Entry, Interior Entry, Unfinished
  • Kitchen Features: Cabinets Stain
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Square Footage: 1248.00

Beds/Baths

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

Exterior Features

  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Carport or Garage: 1
  • Number of Carport Spaces: 1
  • Parking Features: Carport

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Main Level

Condo/Co-op/Association

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

Schools

  • Elementary School: Sycamore
  • Middle School: Lanier
  • High School: Lanier

Lot Info

  • Lot Features: Sloped
  • Lot Dimensions: .58 Acre
  • Parcel Number: 5771CummingHWY
  • Property Attached Yn: No

Tax Info

  • Taxes: 2225.00
  • Assessor Parcel Number: R7339-030A
  • Close Date: 2014-02-21
  • Tax Year: 2012

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Sycamore
  • High School: Lanier
  • Middle School: Lanier

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2013
Closed on
Feb 21, 2014
Sold by
Federal National Mortgage Association
Bought by
Mun Jang Won and Kim Ung Sung
Seller's Agent
Sherry Seegulam
Nation One Realty Group, Inc.
Buyer's Agent
Alexander Kim
Virtual Properties Realty.com
List Price
$117,500
Sold Price
$85,525
Premium/Discount to List
-$31,975
-27.21%
Total Days on Market
72
Current Estimated Value
$327,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,671
Avg. Annual Appreciation
12.01%
Original Mortgage
$51,000
Outstanding Balance
$40,524
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$267,905

Purchase Details

Closed on
Aug 6, 2013
Sold by
Jpmorgan Chase Bank Nation
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
May 31, 2006
Sold by
Waycaster Quinton and Waycaster Betty
Bought by
Jackson Richard C and Jackson Daphne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
6.44%
Mortgage Type
New Conventional
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
Mun Jang Won $85,525 --
Federal National Mtg Associati $99,398 --
Jpmorgan Chase Bank National A -- --
Jackson Richard C $172,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mun Jang Won $51,000
Previous Owner Jackson Richard C $137,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2014 02/21/14 Sold $85,525 -27.2% $69 / Sq Ft
12/18/2013 12/18/13 Pending -- -- --
10/07/2013 10/07/13 For Sale $117,500 -- $94 / 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
2023 $3,342 $84,320 $24,000 $60,320
2022 $2,474 $60,960 $14,000 $46,960
2021 $2,500 $60,960 $14,000 $46,960
2020 $2,513 $60,960 $14,000 $46,960
2019 $1,992 $48,520 $12,000 $36,520
2018 $1,988 $48,520 $12,000 $36,520
2016 $1,856 $44,240 $10,000 $34,240
2015 $1,522 $34,200 $10,000 $24,200
2014 $1,837 $42,840 $12,000 $30,840
Source: Public Records

Agents Affiliated with this Home

  • Sherry Seegulam

    Seller's Agent in 2014

    Sherry Seegulam

    Nation One Realty Group, Inc.

    (770) 904-3779

    41 Total Sales

    Sherry Seegulam
    Section Image

  • R

    Seller Co-Listing Agent in 2014

    Ramesh Seegulam

    Nation One Realty Group, Inc.

    (404) 433-0330

    1 in this area

    136 Total Sales

    Ramesh Seegulam
    Section Image
  • Alexander Kim

    Buyer's Agent in 2014

    Alexander Kim

    Virtual Properties Realty

    (770) 309-1793

    3 in this area

    30 Total Sales

    Alexander Kim
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5205991

First Multiple Listing Service (FMLS)

APN: 7-339-030A

Georgia Gwinnett County Sugar Hill 30518

5771 Cumming Hwy, Sugar Hill, GA

This home is located at 5771 Cumming Hwy, Sugar Hill, GA 30518 since 07 October 2013 and is currently estimated at $327,196, approximately $262 per square foot. This property was built in 1971. 5771 Cumming Hwy is a home located in Gwinnett County with nearby schools including Sycamore Elementary School, Lanier Middle School, and Lanier High School.

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