$291,000
SOLD DEC 16, 2015

6135 Paddock Ln Cumming, GA 30040

4 Beds
4 Baths
3,508 Sq Ft
0.49 Acres

Recently Sold

$83 Per Sq Ft

13% Below List Price

56 Days on Market

Highlights

  • Community Pool
  • Vickery Creek Middle School Rated A
  • Tennis Courts

About This Home

As of March 2018

Polo Golf and Country Club is one of Atlanta's premiere sought out neighborhoods in Cumming. Spacious open plan in premium level cul-de-sac. This bank owned property offers a rare opportunity to buy into this amazing community at a discounted price!!

Last Agent to Sell the Property

Martin Khabbaz

Vylla Home License #284777 Listed on: 10/04/2015

Last Buyer's Agent

Martin Khabbaz

Vylla Home License #284777 Listed on: 10/04/2015

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $7,391

Year Built

  • 1988

Home Design

  • 3,508 Sq Ft Home
  • Slab Foundation

Utilities

  • Private Water Source

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Other

Est. Annual Taxes

$7,391

Year Built

1988

Lot Details

0

Listing Details

  • Special Features: 20
  • Year Built: 1988

Interior Features

  • Fireplaces: 1
  • Fireplace(s): 1
  • Main Level Half Bathrooms: 1
  • Basement: Slab/None
  • Above Grade Finished Sq Ft: 3508

Exterior Features

  • Construction: Brick 3 Sided

Garage/Parking

  • Parking: 2 Car

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Gas
  • Heating: Forced Air
  • Water/Sewer: Private Water, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 400
  • HOA Fee Frequency: Annual
  • Fees Include: Swimming, Tennis

Association/Amenities

  • Amenities: Neighborhood Association, Pool, Tennis Courts

Schools

  • Elementary School: Vickery Creek / Forsyth / Forsyth County, GA
  • Middle School: Vickery Creek / Forsyth / Forsyth County, GA
  • High School: West Forsyth / Forsyth / Forsyth County, GA

Lot Info

  • Lot Description: Cul De Sac
  • Lot Size: 1/3 - 1/2 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Mar 23, 2018
Sold by
Noland Elizabeth
Bought by
Noland Elizabeth and Noland Marc
Seller's Agent
Melanie Shaw
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Melanie Shaw
Atlanta Fine Homes Sotheby's International
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$880,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,932
Avg. Annual Appreciation
7.81%
Original Mortgage
$270,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 24, 2016
Closed on
Jul 22, 2016
Bought by
Garvin Brandon
Seller's Agent
MARTIN KHABBAZ
Trend Atlanta Realty, Inc.
Buyer's Agent
Amy Mcdaniel
Drake Realty of GA, Inc.
List Price
$459,000
Sold Price
$430,000
Premium/Discount to List
-$29,000
-6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%
Original Mortgage
$387,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 4, 2015
Closed on
Dec 16, 2015
Sold by
Wells Fargo Bank Trustee
Bought by
Alto Gaca Properties
Seller's Agent
Martin Khabbaz
Vylla Home
Buyer's Agent
Martin Khabbaz
Vylla Home
List Price
$334,900
Sold Price
$291,000
Premium/Discount to List
-$43,900
-13.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
91.70%

Purchase Details

Closed on
Jan 6, 2015
Sold by
Osses Grace
Bought by
Wells Fargo Bank Na Trustee and Carrington Mtg Loan Trust

Purchase Details

Closed on
Dec 19, 1996
Sold by
Cronin Kathleen
Bought by
Kenny Edwin and Burkard Kim
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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $500,000 --
Warranty Deed $430,000 --
Warranty Deed $291,000 --
Foreclosure Deed -- --
Deed $241,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,000 New Conventional
Closed $270,000 New Conventional
Previous Owner $387,000 New Conventional
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2018 03/23/18 Sold $500,000 -4.8% $147 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $525,000 0.0% $154 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $525,000 +22.1% $154 / Sq Ft
07/22/2016 07/22/16 Sold $430,000 -4.2% $123 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
05/17/2016 05/17/16 Price Changed $449,000 -2.2% $128 / Sq Ft
03/25/2016 03/25/16 For Sale $459,000 +57.7% $131 / Sq Ft
12/16/2015 12/16/15 Sold $291,000 -13.1% $83 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
10/04/2015 10/04/15 For Sale $334,900 -- $95 / 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 $7,391 $310,684 $68,000 $242,684
2024 $7,391 $301,404 $68,000 $233,404
2023 $7,303 $296,720 $62,000 $234,720
2022 $6,456 $197,420 $44,000 $153,420
2021 $5,452 $197,420 $44,000 $153,420
2020 $4,987 $180,604 $34,000 $146,604
2019 $4,959 $179,308 $34,000 $145,308
2018 $4,795 $176,816 $34,000 $142,816
2017 $4,686 $172,000 $32,200 $139,800
2016 $3,851 $138,772 $26,000 $112,772
2015 $3,771 $138,772 $26,000 $112,772
2014 $3,332 $129,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07532590

Georgia MLS

APN: 058-092