NOT LISTED FOR SALE

6065 Spout Springs Rd Flowery Branch, GA 30542

Estimated Value: $817,000

29.44 Acres
$27,751 Price per Acre
1,282,406 Sq Ft Lot

Last Sold March 14, 2014

Last sale price $225,000

Est. 263% increase in value since last sale

Current estimated payment $4,898/month

Highlights

  • 29.44 Acre Lot
  • Partially Wooded Lot
  • Brush Vegetation
  • Flowery Branch High School Rated A-

About This Lot

As of March 2014

29.44 acres on Spout Springs Road 1/4 mile from intersection with Hog Mountain Road. Near retail, banks, day care, churches, and I-985. Former golf course, lots of potential here! Priced well below tax valuation. Buy now for future return!

Last Agent to Sell the Property

DEBRA E ORR

NOT A VALID MEMBER License #dup Listed on: 07/25/2013

Last Buyer's Agent

Elaine Black

Hometown Real Estate Group Incorporated License #268258

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,800

Lot Details

  • 29.44 Acre Lot
  • Brush Vegetation
  • Steep Slope
  • Partially Wooded Lot
  • Landscaped with Trees

Schools

  • Spout Springs Elementary School
  • C.W. Davis Middle School
  • Flowery Branch High School

Listing and Financial Details

  • Assessor Parcel Number 6065SpoutSpringsRD

Property Details

Property Type

Land

Est. Annual Taxes

$4,800

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Current Classification: Undeveloped/Zoned Residential
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Utilities

  • Utilities: Electricity Available, Water Available

Lot Info

  • Acres: 29.4400
  • Timber: Mixed
  • Possible Use: Commercial, Residential
  • Section G M D: 1270
  • Current Zoning: Res
  • Plat Book: 91
  • Plat Page: 76
  • Current Use: Vacant
  • Lot Features: Sloped, Steep Slope
  • Lot Dimensions: 29.44ac
  • Parcel Number: 6065SpoutSpringsRD
  • Price Acre Dollar: 10020.00
  • Property Attached Yn: No

Tax Info

  • Taxes: 4800.00
  • Tax Year: 2012

MLS Schools

  • Elementary School: Spout Springs
  • High School: Flowery Branch
  • Middle School: C.W. Davis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2013
Closed on
Mar 25, 2014
Sold by
Wilbanks Tim
Bought by
Spout Springs Capital Llc
Seller's Agent
DEBRA E ORR
NOT A VALID MEMBER
Buyer's Agent
Elaine Black
Hometown Real Estate Group Incorporated
List Price
$295,000
Sold Price
$225,000
Premium/Discount to List
-$70,000
-23.73%
Current Estimated Value
$817,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$592,000
Avg. Annual Appreciation
11.73%

Purchase Details

Listed on
Jul 25, 2013
Closed on
Mar 10, 2014
Sold by
Cf Southeast Reo Llc
Bought by
Wilbanks Tim
Seller's Agent
DEBRA E ORR
NOT A VALID MEMBER
Buyer's Agent
Elaine Black
Hometown Real Estate Group Incorporated
List Price
$295,000
Sold Price
$225,000
Premium/Discount to List
-$70,000
-23.73%

Purchase Details

Closed on
Aug 2, 2011
Sold by
Hidden Hollow Golf Club Inc
Bought by
Cf Southeast Reo Llc

Purchase Details

Closed on
Mar 13, 1998
Sold by
Brigadoon Golf Club Inc
Bought by
Hidden Hollow Golf Club Inc

Purchase Details

Closed on
Sep 1, 1993
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
Spout Springs Capital Llc -- --
Spout Springs Capital Llc -- --
Wilbanks Tim -- --
Wilbanks Tim $225,000 --
Cf Southeast Reo Llc $383,500 --
Hidden Hollow Golf Club Inc -- --
-- $163,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2014 03/14/14 Sold $225,000 -23.7% --
11/27/2013 11/27/13 Pending -- -- --
07/25/2013 07/25/13 For Sale $295,000 -- --
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
2024 $7,361 $298,360 $296,760 $1,600
2023 $5,245 $212,600 $211,000 $1,600
2022 $5,017 $195,040 $193,440 $1,600
2021 $5,112 $195,040 $193,440 $1,600
2020 $4,790 $177,440 $175,840 $1,600
2019 $4,833 $177,440 $175,840 $1,600
2018 $5,002 $177,680 $176,080 $1,600
2017 $4,948 $177,680 $176,080 $1,600
2016 $4,827 $177,680 $176,080 $1,600
2015 $4,941 $177,680 $176,080 $1,600
2014 $4,941 $177,680 $176,080 $1,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5176743

First Multiple Listing Service (FMLS)

APN: 15-00046-00-070