NOT LISTED FOR SALE

6520 Millwood Rd Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $511,000 - $569,000

26 Acres
$21,062 Price per Acre
1,110,780 Sq Ft Lot

Last Sold May 03, 2019

Last sale price $462,000 $176 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,321/month

169 Days on Market

Highlights

  • Stables
  • 25.5 Acre Lot
  • Creek On Lot
  • Chestatee Elementary School Rated A-
  • Heavily Wooded Lot
  • Ranch Style House

About This Lot

As of May 2019

A great investment in a Hot area of Forsyth county that is Priced Right. With New Home Developments, Cricket Field, Lake Lanier, Commercial near-by, and County infrastructures growing, this is the property to Buy. The property has two pasture areas, barbed wire fencing and gates. A stable/barn that has not been used for a while, but could easily be brought back to life. Great Terrain with two Full sides of Road Frontage make this even better than most. Full Road Frontage on Millwood and George Court.

Last Agent to Sell the Property

John Morris

HomeSmart License #140926 Listed on: 09/15/2018

HomeSmart

Last Buyer's Agent

Sekhar Thadiparthi

Sekhars Realty, LLC. License #344359

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $576

Lot Details

  • 25.5 Acre Lot
  • Lot Dimensions are 2288x889x1640x594
  • Cross Fenced
  • Partially Fenced Property
  • Barbed Wire
  • Lot Has A Rolling Slope
  • Heavily Wooded Lot
  • Landscaped with Trees
  • Grass Covered Lot
  • Property is zoned A1

Home Design

  • Ranch Style House

Interior Spaces

  • Split Bedroom Floorplan
  • Roommate Plan

Accessible Home Design

  • Accessible Kitchen
  • Kitchen Appliances
  • Accessible Washer and Dryer

Schools

  • Chestatee Elementary School
  • Little Mill Middle School
  • North Forsyth High School

Mobile Home

Utilities

  • Well
  • Phone Available
  • Cable TV Available

Additional Features

  • Creek On Lot
  • Pasture
  • Stables

Listing and Financial Details

  • Tax Lot 25.5ac
  • Assessor Parcel Number 281 022

Property Details

Property Type

Land

Est. Annual Taxes

$576

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Architectural Style: Ranch
  • Current Classification: Undeveloped/Zoned Agriculture
  • Property Condition: Resale
  • Accessibility Features: Accessible Kitchen, Accessible Kitchen Appliances, Accessible Washer/Dryer
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Beds/Baths

  • Bedroom Features: Roommate Floor Plan, Split Bedroom Plan

Exterior Features

  • Other Structures: Mobile Home, Stable(s)
  • Fencing: Barbed Wire, Cross Fenced, Partial

Utilities

  • Water Source: Well
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available

Schools

  • Elementary School: Chestatee
  • Middle School: Little Mill
  • High School: North Forsyth

Lot Info

  • Acres: 25.5000
  • Lot: 25.5ac
  • Timber: Hardwoods, Mixed
  • Land/Lot: 840,841,8
  • Possible Use: Agricultural, Cattle, Farm, Horses, Residential
  • Section G M D: 1st
  • Current Zoning: A1
  • Plat Book: 2294
  • Plat Page: 17-19
  • Current Use: Agricultural, Farm, Residential
  • Lot Features: Creek On Lot, Rolling Slope
  • Lot Dimensions: 2288x889x1640x594
  • Parcel Number: 281 022
  • Price Acre Dollar: 18117.65
  • Property Attached Yn: No

Tax Info

  • Taxes: 576.00
  • Assessor Parcel Number: 281-000-022
  • Close Date: 2019-05-03
  • Tax Year: 2017

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Chestatee
  • High School: North Forsyth
  • Middle School: Little Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2023
Sold by
Comstock Amy
Bought by
Little Mill Group Llc
Current Estimated Value
$546,736

Purchase Details

Closed on
Sep 27, 2019
Sold by
Lowry Karen
Bought by
Bush Michael and Bush Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,650
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2018
Closed on
May 3, 2019
Sold by
Lowry Karen
Bought by
Sri Siri Investments Llc
Seller's Agent
John Morris
HomeSmart
Buyer's Agent
Sekhar Thadiparthi
Sekhars Realty, LLC.
List Price
$500,000
Sold Price
$462,000
Premium/Discount to List
-$38,000
-7.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%

Purchase Details

Listed on
Sep 15, 2018
Closed on
May 1, 2019
Sold by
Lowry Karen
Bought by
Comstock Amy
Seller's Agent
John Morris
HomeSmart
Buyer's Agent
Sekhar Thadiparthi
Sekhars Realty, LLC.
List Price
$500,000
Sold Price
$462,000
Premium/Discount to List
-$38,000
-7.6%
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
Little Mill Group Llc -- --
Bush Michael $248,500 --
Sri Siri Investments Llc $462,000 --
Comstock Amy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bush Michael $115,000
Previous Owner Bush Michael $223,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2019 05/03/19 Sold $462,000 -7.6% $176 / Sq Ft
04/01/2019 04/01/19 For Sale $500,000 +8.2% $191 / Sq Ft
03/24/2019 03/24/19 Off Market $462,000 -- --
03/03/2019 03/03/19 Pending -- -- --
03/02/2019 03/02/19 Price Changed $500,000 -10.7% $191 / Sq Ft
01/08/2019 01/08/19 Price Changed $560,000 -32.1% $214 / Sq Ft
12/06/2018 12/06/18 Price Changed $825,000 -2.9% $315 / Sq Ft
11/05/2018 11/05/18 Price Changed $850,000 +794.7% $324 / Sq Ft
09/15/2018 09/15/18 For Sale $95,000 -- $36 / 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
2024 $4,109 $190,028 $47,040 $142,988
2023 $3,641 $183,912 $47,040 $136,872
2022 $3,828 $126,712 $29,216 $97,496
2021 $3,409 $126,712 $29,216 $97,496
2020 $2,745 $99,400 $64,800 $34,600
2019 $742 $264,320 $172,352 $91,968
2018 $574 $248,416 $172,352 $76,064
2017 $576 $223,788 $152,076 $71,712
2016 $576 $193,372 $121,660 $71,712
2015 $576 $193,372 $121,660 $71,712
2014 $518 $187,804 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    John Morris

    HomeSmart

    (770) 401-3386

    4 Total Sales

    Section Image
  • Sekhar Thadiparthi

    Buyer's Agent in 2019

    Sekhar Thadiparthi

    Sekhars Realty, LLC.

    (404) 808-9978

    1 in this area

    668 Total Sales

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6072707

First Multiple Listing Service (FMLS)

APN: 281-022

Georgia Forsyth County Cumming 30041 Lake Lanier

6520 Millwood Rd, Cumming, GA

This home is located at 6520 Millwood Rd, Cumming, GA 30041 since 15 September 2018 and is currently estimated at $537,081, approximately $204 per square foot. 6520 Millwood Rd is a home located in Forsyth County with nearby schools including Chestatee Elementary School and Little Mill Middle School.

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