NOT LISTED FOR SALE

6030 Matt Hwy Cumming, GA 30028

Estimated Value: $410,000 - $1,179,116

5 Beds
3 Baths
5,476 Sq Ft
$156/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $1,100,000 $201 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $5,457/month

About This Home

As of March 2023

10+ acres in the desirable Matt Community offers an amazing opportunity to rent! A one-minute drive to Leon's Store and the new Publix anchored shopping center, this four-sided brick home boasts 3 bedrooms and two bathrooms on the main level, with a finished basement which could serve as a second dwelling complete with two bedrooms, one bathroom, laundry, kitchen, etc. A two car garage and stunning hardwood floors can be found on the main level with a large bonus room/attic space above the garage. This home has been well maintained and the property also includes a substantial sized metal workshop (1,200 sq ft) and with 10+ acres, the possibilities are endless.
Good credit score is a must (650+). Income should be at least 3 times the rent, and documentation need to be provided during application process.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Mar 15, 2023
Sold by
Mcghee Danny J
Bought by
Gutierrez Edward and Gutierrez Natalie
Seller's Agent
Jeremy Austin
Atlanta Communities
Buyer's Agent
Jeremy Austin
Atlanta Communities
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Views
19
Current Estimated Value
$852,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$247,221
Avg. Annual Appreciation
-9.90%
Original Mortgage
$600,000
Outstanding Balance
$584,393
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$283,864

Purchase Details

Closed on
Oct 20, 2021
Sold by
Mcghee Paul Newton
Bought by
Mcghee Paul Newton and Behel Rachel Tatum

Purchase Details

Closed on
Jun 18, 2020
Sold by
Mcghee Patsy Tatum
Bought by
Patsy Tatum Mcghee and Mcghee Danny J

Purchase Details

Closed on
Nov 19, 2015
Sold by
Mcghee Patsy
Bought by
Mcghee Silas J and Mcghee Kayla L
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Gutierrez Edward -- --
Matt Hwy Holdings Llc -- --
Pitta Thirumal $1,100,000 --
Mcghee Paul Newton -- --
Patsy Tatum Mcghee -- --
Mcghee Silas J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitta Thirumal $600,000
Closed Pitta Thirumal $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2023 10/01/23 Rented $4,050 +26.6% --
09/28/2023 09/28/23 Under Contract -- -- --
09/25/2023 09/25/23 For Rent $3,200 0.0% --
03/15/2023 03/15/23 Sold $1,100,000 -12.0% $313 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $1,250,000 -- $356 / Sq Ft

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 $8,699 $354,752 $114,716 $240,036
2023 $8,318 $337,948 $110,760 $227,188
2022 $1,117 $304,032 $143,996 $160,036
2021 $944 $304,032 $143,996 $160,036
2020 $929 $302,892 $149,952 $152,940
2019 $934 $257,044 $105,520 $151,524
2018 $678 $226,264 $105,520 $120,744
2017 $695 $207,444 $83,308 $124,136
2016 $695 $190,780 $66,644 $124,136
2015 $695 $200,912 $76,776 $124,136
2014 $627 $189,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sri Veeravelli

    AllTrust Realty, Inc.

    (678) 243-9035

    14 Total Sales

    Sri Veeravelli
    Section Image
  • Jeremy Austin

    Seller's Agent in 2023

    Jeremy Austin

    Atlanta Communities

    (706) 344-7246

    30 Total Sales

    Jeremy Austin
    Section Image

  • N

    Buyer's Agent in 2023

    NON-MLS NMLS

    Non FMLS Member

See All Agents

Map

Georgia Forsyth County Cumming 30028

6030 Matt Hwy, Cumming, GA

This home is located at 6030 Matt Hwy, Cumming, GA 30028 and is currently estimated at $852,779, approximately $155 per square foot. 6030 Matt Hwy is a home located in Forsyth County with nearby schools including Matt Elementary School, Liberty Middle School, and North Forsyth High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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