NOT LISTED FOR SALE

5850 Hendrix Rd Cumming, GA 30040

Estimated Value: $612,000 - $1,944,000

4 Beds
3 Baths
-- Sq Ft
16.92 Acres

Last Sold July 31, 2024

Last sale price $1,775,000

Est. 15% decrease in value since last sale

Current estimated payment $9,138/month

107 Days on Market

Highlights

  • Barn
  • Stables
  • Gated Community
  • Coal Mountain Elementary School Rated A
  • In Ground Pool
  • Mountain View

About This Home

As of July 2024

STUNNING HORSE FARM NOW AVAILABLE FOR SALE!! 16.92 OF PASTURAL GREEN ACRES COMPLETE WITH AN 8-STALL BARN INCLUDING 4-BOARD FENCING, 4 TREMENDOUS PASTURES, WATER, TACK ROOM, COMPLETE LIVING QUARTERS FOR ON-SITE TRAINERS. BARN EQUIPPED WITH HAY STORAGE AND EXTRA SQUARE FOOTAGE UPSTAIRS FOR BARN APARTMENT BUILD-OUT. CUSTOM BUILT HOME SITS ON A KNOLL AND HAS 360 DEGREE WRAPPED PORCH WITH STUNNING VIEWS OF SAWNEE MOUNTIAN, OFFICE, BANQUET-SIZED DINING ROOM, NEWLY RENOVATED KITCHEN OPEN TO GREAT ROOM WITH NEWLY REFINISHED FIREPLACE. THIS HOME BOASTS A 3-CAR GARAGE WITH A WORKSHOP THAT ACCOMMODATES ALL NECESSARY EQUIPMENT TO MANAGE THIS WONDERFUL FARM. THIS IS EQUESTRIAN LIVING AT IT'S BEST! LOCATED IN THE FORSYTH COUNTY SCHOOL DISTRICT.

Last Agent to Sell the Property

Don Helvey

Sanders Real Estate License #176904 Listed on: 02/21/2024

Last Buyer's Agent

Pam Gillig

Ansley RE|Christie's Int'l RE License #298788

Ansley RE|Christie's Int'l RE

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,228

Year Built

  • Built in 2000

Lot Details

  • 16.92 Acre Lot
  • No Common Walls
  • Wood Fence
  • Private Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Farm
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Ceiling Fan
  • Factory Built Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Mountain Views
  • Unfinished Basement
  • Stubbed For A Bathroom

Kitchen

  • Breakfast Room
  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Car Garage
  • Garage Door Opener

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Schools

  • Coal Mountain Elementary School
  • North Forsyth Middle School
  • North Forsyth High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Stables

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • 220 Volts
  • Shared Well
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gated Community

Listing and Financial Details

  • Tax Lot 548,

Property Details

Property Type

Other

Est. Annual Taxes

$8,228

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 3
  • Section: 1
  • Year Built: 2000
  • ArchitecturalStyle: Traditional
  • Electric: 220 Volts
  • Financing Type: Cash
  • GreenEnergyEfficient: Appliances, Insulation, Thermostat
  • Levels: Two
  • Lot Size Acres: 16.92
  • Other Sturctures: Barn(s), Stable(s), Workshop
  • Property Sub-Type: Farm
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Double Oven, Electric Water Heater, Microwave
  • Bedrooms: 4
  • Dining Room Features: Seats 12+
  • Basement: Bath/Stubbed, Unfinished
  • Interior Amenities: Bookcases, Walk-In Closet(s), Wet Bar
  • Full Bathrooms: 3
  • Fireplace Features: Factory Built, Family Room
  • Flooring: Carpet, Hardwood
  • Kitchen Features: Breakfast Area, Breakfast Bar, Breakfast Room
  • Window Features: Double Pane Windows

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Bedroom Main Level: 1

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Concrete
  • Fencing: Fenced, Wood
  • Lot Features: Pasture, Private
  • Patio And Porch Features: Deck
  • Pool Features: In Ground, Salt Water
  • Property Condition: Resale
  • Roof: Composition
  • View: Mountain(s)

Garage/Parking

  • Parking Features: Garage, Garage Door Opener
  • ParkingTotal: 6

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump, Zoned
  • Heating: Electric, Forced Air, Heat Pump, Zoned
  • Laundry Features: Upper Level
  • Security Features: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities, Water Available
  • Water Source: Public, Shared Well

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Coal Mountain
  • High School: North Forsyth
  • High School Bus: Yes
  • Middle School: North Forsyth
  • Middle School Bus: Yes
  • Elementary School: Coal Mountain
  • Middle School: North Forsyth
  • High School: North Forsyth

Lot Info

  • Land Lot: 548,

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8228

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Jul 31, 2024
Sold by
Page Leslie E and Page Steven P
Bought by
Palazzo Mark Allen and Palazzo Sheila Jane
Seller's Agent
Don Helvey
Sanders Real Estate
Buyer's Agent
Pam Gillig
Ansley RE|Christie's Int'l RE
List Price
$2,500,000
Sold Price
$1,775,000
Premium/Discount to List
-$725,000
-29%
Views
100
Current Estimated Value
$1,514,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$260,697
Avg. Annual Appreciation
-12.50%

Purchase Details

Listed on
Jul 23, 2012
Closed on
Jun 14, 2013
Sold by
Ringos Ridge Llc
Bought by
Page Steven P and Page Leslie E
Seller's Agent
Sharon F Oxman
Beacham and Company
Buyer's Agent
Don Helvey
Broker Homes Services, LLC
List Price
$1,690,000
Sold Price
$750,000
Premium/Discount to List
-$940,000
-55.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Original Mortgage
$600,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2011
Sold by
Always Properties Llc
Bought by
Forsyth Medical Complex Llc

Purchase Details

Closed on
Mar 1, 2007
Sold by
Thomas Vernon C
Bought by
Ringos Ridge Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
6.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Palazzo Mark Allen $1,775,000 None Listed On Document
Page Steven P $750,000 --
Forsyth Medical Complex Llc $1,267,363 --
Ringos Ridge Llc $1,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Page Steven P $600,000
Previous Owner Ringos Ridge Llc $1,120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2024 07/31/24 Sold $1,775,000 -21.1% --
06/07/2024 06/07/24 Pending -- -- --
05/08/2024 05/08/24 Price Changed $2,250,000 -10.0% --
02/21/2024 02/21/24 For Sale $2,500,000 +233.3% --
06/14/2013 06/14/13 Sold $750,000 -55.6% $207 / Sq Ft View Prior Sale
04/26/2013 04/26/13 Pending -- -- --
07/23/2012 07/23/12 For Sale $1,690,000 -- $467 / Sq Ft
Source: Georgia MLS

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 $12,930 $661,976 $337,860 $324,116
2024 $12,930 $665,028 $363,848 $301,180
2023 $8,228 $565,700 $285,880 $279,820
2022 $9,619 $337,452 $177,252 $160,200
2021 $8,423 $337,452 $177,252 $160,200
2020 $8,285 $330,756 $177,252 $153,504
2019 $7,200 $277,668 $124,736 $152,932
2018 $7,206 $276,892 $124,736 $152,156
2017 $6,995 $265,616 $98,476 $167,140
2016 $6,579 $245,920 $78,780 $167,140
2015 $6,591 $245,920 $78,780 $167,140
2014 $6,029 $234,156 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Don Helvey

    Seller's Agent in 2024

    Don Helvey

    Sanders Real Estate

    (770) 833-7410

    42 Total Sales

    Don Helvey
    Section Image
  • Pam Gillig

    Buyer's Agent in 2024

    Pam Gillig

    Ansley RE|Christie's Int'l RE

    (770) 862-4408

    68 Total Sales

    Pam Gillig
    Section Image
  • Sharon F Oxman

    Seller's Agent in 2013

    Sharon F Oxman

    Beacham and Company

    (770) 856-8537

    28 Total Sales

    Sharon F Oxman
    Section Image
  • Pat Junod

    Seller Co-Listing Agent in 2013

    Pat Junod

    Atlanta Fine Homes Sotheby's International

    (404) 580-1299

    63 Total Sales

    Pat Junod
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10257981

Georgia MLS

APN: 169-149

Georgia Forsyth County Cumming 30040

5850 Hendrix Rd, Cumming, GA

This home is located at 5850 Hendrix Rd, Cumming, GA 30040 since 21 February 2024 and is currently estimated at $1,514,303. This property was built in 2000. 5850 Hendrix Rd is a home located in Forsyth County with nearby schools including Coal Mountain Elementary School, North Forsyth Middle School, and North Forsyth High School.

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