NOT LISTED FOR SALE

616 Canton Rd Cumming, GA 30040

Estimated Value: $240,000 - $295,000

2 Beds
1 Bath
1,026 Sq Ft
$266/Sq Ft Est. Value

Last Sold August 16, 2018

Last sale price $155,000 $151 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,608/month

Highlights

  • Ranch Style House
  • Wood Flooring
  • Separate Outdoor Workshop
  • Otwell Middle School Rated A
  • Workshop
  • 1 Car Detached Garage

About This Home

As of August 2018

INVESTMENT PROPERTY / FIXER UPPER - 4 Sides Brick Ranch, 2 Car Detached Garage w/Separate Storage. Potential Commercial, Great Office Space, located in Cumming. Living, Kitchen, 2 Bedroom 1 Bath, Hardwood floors.

Last Agent to Sell the Property

Elaine Shumate

HomeSmart License #244402 Listed on: 07/25/2018

HomeSmart

Last Buyer's Agent

Elaine Shumate

HomeSmart License #244402 Listed on: 07/25/2018

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $894

Year Built

  • Built in 1955

Lot Details

  • 0.72 Acre Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Driveway Level

Home Design

  • Ranch Style House
  • Fixer Upper
  • Shingle Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,026 Sq Ft Home
  • Awning
  • Workshop
  • Attic Fan
  • Laundry in Garage

Kitchen

  • Electric Range
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Separate Outdoor Workshop

Schools

  • Cumming Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic Tank
  • Cable TV Available

Community Details

  • Maynard Mashburn Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 126 024

Home Details

Home Type

Single Family

Est. Annual Taxes

$894

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Fixer Upper
  • Year Built: 1955
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Appliances: Electric Range
  • Kitchen Features: Cabinets Stain
  • Common Walls: No Common Walls
  • Additional Rooms: Workshop
  • Square Footage: 1026.00

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main
  • Main Bedrooms: 2
  • Total Full Baths: 1
  • Main Full Bathrooms: 1

Exterior Features

  • Other Structures: Garage(s), Workshop
  • Construction Materials: Brick 4 Sides
  • Roof Type: Shingle
  • Exterior Features: Awning(s)

Garage/Parking

  • Number of Garage Spaces: 1
  • Parking Features: Detached, Driveway, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Attic Fan, Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Garage
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Subdivision Complex: MAYNARD MASHBURN

Lot Info

  • Acres: 0.7200
  • Lot: 1
  • Section G M D: 1
  • Lot Features: Level
  • Lot Dimensions: .72 ac
  • Parcel Number: 126 024
  • Property Attached Yn: No

Tax Info

  • Taxes: 894.00
  • Tax Year: 2018

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Cumming
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2018
Closed on
Aug 16, 2018
Sold by
Charles Jackie Lee
Bought by
Paga Inc
Seller's Agent
Elaine Shumate
HomeSmart
Buyer's Agent
Elaine Shumate
HomeSmart
List Price
$169,900
Sold Price
$155,000
Premium/Discount to List
-$14,900
-8.77%
Current Estimated Value
$273,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,193
Avg. Annual Appreciation
8.18%
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
Paga Inc $155,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2018 08/16/18 Sold $155,000 -8.8% $151 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
07/25/2018 07/25/18 For Sale $169,900 -- $166 / Sq Ft
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
2025 $2,135 $95,668 $40,040 $55,628
2024 $2,135 $87,076 $37,180 $49,896
2023 $1,964 $79,812 $34,320 $45,492
2022 $1,739 $64,456 $32,000 $32,456
2021 $1,780 $64,456 $32,000 $32,456
2020 $1,731 $62,696 $32,000 $30,696
2019 $1,640 $59,296 $28,800 $30,496
2018 $894 $32,336 $18,000 $14,336
2017 $124 $32,320 $18,000 $14,320
2016 $114 $25,520 $11,200 $14,320
2015 $114 $25,520 $11,200 $14,320
2014 $101 $24,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elaine Shumate

    Seller's Agent in 2018

    Elaine Shumate

    HomeSmart

    (470) 362-9321

    1 in this area

    5 Total Sales

    Elaine Shumate
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6053047

First Multiple Listing Service (FMLS)

APN: 126-024

Georgia Forsyth County Cumming 30040

616 Canton Rd, Cumming, GA

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