NOT LISTED FOR SALE

5885 Matt Hwy Cumming, GA 30028

Estimated Value: $369,841

3 Beds
1 Bath
1,345 Sq Ft
$275/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $340,000 $253 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,082/month

235 Days on Market

Highlights

  • Barn
  • Accessible Approach with Ramp
  • Forced Air Heating and Cooling System
  • Matt Elementary School Rated A
  • Accessible Full Bathroom
  • Level Lot

About This Home

As of May 2022

Commercial building on 1.17 acres in Matt Community with approximately 300 feet road frontage on Matt Highway (Hwy. 369). Strong traffic counts. Ideal for salon, spa, insurance agency, attorney, etc. Zoned Commercial Neighborhood Shopping (N.S.)

Last Agent to Sell the Property

JB Bader

Keller Williams Community Partners License #144398 Listed on: 08/05/2021

Keller Williams Community Partners

Last Buyer's Agent

Sunny Parker

Century 21 Results License #371899

Century 21 Results

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $997

Year Built

  • Built in 1940

Lot Details

  • 1.17 Acre Lot
  • Property fronts a highway
  • Level Lot
  • Zoning described as NS

Parking

  • 4 Parking Spaces

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,345 Sq Ft Home
  • Vinyl Flooring

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Approach with Ramp
  • Accessible Entrance

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • 2 Buildings

Listing and Financial Details

  • Tax Lot 382

Property Details

Property Type

Other

Est. Annual Taxes

$997

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • District: 3
  • Section: 1
  • Year Built: 1940
  • Financing Type: Conventional
  • Lot Size Acres: 1.17
  • Other Sturctures: Other, Barn(s)
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Accessibility Features: Accessible Full Bath, Accessible Approach with Ramp, Accessible Entrance
  • Flooring: Other, Vinyl
  • NumberOfBuildings: 2
  • Price Per Square Foot: 293.68

Exterior Features

  • Construction Materials: Frame
  • Lot Features: Level
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Other
  • ParkingTotal: 4

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Heating: Electric, Central, Forced Air
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Lot Info

  • Land Lot: 382
  • Zoning Description: NS

Building Info

  • BuildingAreaTotal: 1345
  • Building Features: Free Standing

Tax Info

  • Year: 2020
  • Tax Annual Amount: 997

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
May 31, 2022
Sold by
Milford Rebecca M
Bought by
Cta Residential Llc
Seller's Agent
JB Bader
Keller Williams Community Partners
Buyer's Agent
Sunny Parker
Century 21 Results
List Price
$395,000
Sold Price
$340,000
Premium/Discount to List
-$55,000
-13.92%
Current Estimated Value
$369,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,841
Avg. Annual Appreciation
2.56%
Original Mortgage
$242,851
Outstanding Balance
$218,550
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$151,291

Purchase Details

Closed on
Nov 5, 2019
Sold by
Milford Robert L
Bought by
Milford Robert L and Milford Rebecca M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cta Residential Llc $340,000 James W Crocker Pc
Milford Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cta Residential Llc $242,851
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $340,000 -13.9% $253 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $395,000 0.0% $294 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
08/05/2021 08/05/21 For Sale $395,000 -- $294 / 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 $1,465 $209,844 $102,960 $106,884
2024 $1,465 $59,732 $51,480 $8,252
2023 $1,584 $64,344 $51,480 $12,864
2022 $962 $36,092 $23,400 $12,692
2021 $997 $36,092 $23,400 $12,692
2020 $997 $36,092 $23,400 $12,692
2019 $998 $36,092 $23,400 $12,692
2018 $675 $24,392 $11,700 $12,692
2017 $677 $24,392 $11,700 $12,692
2016 $677 $24,392 $11,700 $12,692
2015 $678 $24,392 $11,700 $12,692
2014 $954 $36,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • JB Bader

    Seller's Agent in 2022

    JB Bader

    Keller Williams Community Partners

    (678) 234-8056

    26 Total Sales

    JB Bader
    Section Image
  • Sunny Parker

    Buyer's Agent in 2022

    Sunny Parker

    Century 21 Results

    (706) 429-5351

    213 Total Sales

    Sunny Parker
    Section Image
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Map

Source: Georgia MLS

MLS Number: 9028067

Georgia MLS

APN: 119-051

Georgia Forsyth County Cumming 30028

5885 Matt Hwy, Cumming, GA

This home is located at 5885 Matt Hwy, Cumming, GA 30028 since 05 August 2021 and is currently estimated at $369,841, approximately $274 per square foot. This property was built in 1940. 5885 Matt Hwy is a home located in Forsyth County with nearby schools including Matt Elementary School, Liberty Middle School, and North Forsyth High School.

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