NOT LISTED FOR SALE

7135 Biscayne Dr Cumming, GA 30041

Estimated Value: $986,000 - $1,018,459

0.87 Acre
$1,153,006 Price per Acre
37,897 Sq Ft Lot

Last Sold June 06, 2016

Last sale price $158,000

Est. 535% increase in value since last sale

Current estimated payment $5,965/month

92 Days on Market

Highlights

  • Marina
  • Lake Front
  • Deep Water Access
  • Chattahoochee Elementary School Rated A
  • Boat Dock
  • Fishing

About This Lot

As of June 2016

"Biscayne on Lanier" New upscale executive 8 lot subdivision in the confines of exclusive Lighthouse Harbour. A slip in the 35x35 covered dock w/party deck is included in the sale of the lot. What a great opportunity to be a part of a million dollar community.

Last Agent to Sell the Property

Norman Moolenaar

The Norton Agency License #154662 Listed on: 01/04/2016

The Norton Agency

Last Buyer's Agent

Norman Moolenaar

The Norton Agency License #154662 Listed on: 01/04/2016

The Norton Agency

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $862

Lot Details

  • 0.87 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Level Lot
  • Partially Wooded Lot
  • Grass Covered Lot

HOA Fees

  • $75 Monthly HOA Fees

Schools

  • Chattahoochee - Forsyth Elementary School
  • Little Mill Middle School
  • Forsyth Central High School

Utilities

  • Underground Utilities
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 272 178

Community Details

Overview

  • Biscayne Subdivision
  • Community Lake

Recreation

  • Boat Dock
  • Boating
  • Marina
  • Fishing
  • Deep Water Access
  • Covered dock with one slips
  • Lake On Lot

Property Details

Property Type

Land

Est. Annual Taxes

$862

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Restrictions Requirements: Archit Controls, Deed Restrictions
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Exterior Features

  • Lake Name: Lanier

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Boating, Community Dock, Fishing, Homeowners Assoc, Lake, Marina, Street Lights
  • Association Fee: 900
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Biscayne

Lot Info

  • Acres: 0.8700
  • Lot: 4
  • Section G M D: 1
  • Current Zoning: R-1
  • Plat Book: 100
  • Plat Page: 186
  • Lot Features: Cul-De-Sac, Curbs & Gutters, Lake On Lot, Level, Rolling Slope, Street Lights
  • Lot Dimensions: .87
  • Parcel Number: 272 178
  • Price Acre Dollar: 181609.00
  • Property Attached Yn: No

Tax Info

  • Taxes: 862.00
  • Tax Year: 2015

Multi Family

  • Waterfront Features: Lake

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Chattahoochee - Forsyth
  • High School: Forsyth Central
  • Middle School: Little Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2016
Closed on
Jun 6, 2016
Sold by
Nolten Eric
Bought by
Nolten Eric and Nolten Kelsey W
Seller's Agent
Norman Moolenaar
The Norton Agency
Buyer's Agent
Norman Moolenaar
The Norton Agency
List Price
$189,900
Sold Price
$158,000
Premium/Discount to List
-$31,900
-16.8%
Current Estimated Value
$1,003,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$845,115
Avg. Annual Appreciation
21.38%
Original Mortgage
$346,400
Outstanding Balance
$279,458
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$723,657

Purchase Details

Listed on
Aug 8, 2013
Closed on
Oct 22, 2013
Sold by
Home Foundation Inc
Bought by
Browder Grace Daniel Joseph and Browder Grace Donna
Seller's Agent
BRANDON TRAVIS
Travis McPhee Realty, Inc.
Buyer's Agent
CINDY CONNER
NOT A VALID MEMBER
List Price
$100,000
Sold Price
$85,000
Premium/Discount to List
-$15,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.70%

Purchase Details

Listed on
Oct 8, 2012
Closed on
Feb 15, 2013
Sold by
Wells Fargo Bank Na
Bought by
Home Foundation Inc
Seller's Agent
Bruce Swanson
Keller Williams Realty Partners
Buyer's Agent
BRANDON TRAVIS
Travis McPhee Realty, Inc.
List Price
$27,900
Sold Price
$12,600
Premium/Discount to List
-$15,300
-54.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1556.49%

Purchase Details

Closed on
Dec 6, 2011
Sold by
Portaro Thomas
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 11, 2006
Sold by
Biscayne Cove Of Lanier Llc
Bought by
Portero Thomas and Buckley Kevin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nolten Eric -- --
Nolten Eric $158,000 --
Browder Grace Daniel Joseph $85,000 --
Home Foundation Inc $12,600 --
Wells Fargo Bank Na $23,000 --
Portero Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nolten Eric $346,400
Closed Nolten Eric $346,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2016 06/06/16 Sold $158,000 -16.8% --
04/05/2016 04/05/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $189,900 +123.4% --
10/22/2013 10/22/13 Sold $85,000 -15.0% -- View Prior Sale
09/24/2013 09/24/13 Pending -- -- --
08/08/2013 08/08/13 For Sale $100,000 +693.7% --
02/15/2013 02/15/13 Sold $12,600 -54.8% -- View Prior Sale
10/22/2012 10/22/12 Pending -- -- --
10/08/2012 10/08/12 For Sale $27,900 -- --
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 $7,422 $362,696 $128,000 $234,696
2024 $7,422 $362,808 $122,000 $240,808
2023 $6,331 $318,144 $96,000 $222,144
2022 $6,302 $218,620 $63,200 $155,420
2021 $5,627 $218,620 $63,200 $155,420
2020 $5,500 $212,460 $63,200 $149,260
2019 $5,456 $209,940 $63,200 $146,740
2018 $4,987 $211,420 $63,200 $148,220
2017 $5,388 $204,976 $63,200 $141,776
2016 $860 $31,000 $31,000 $0
2015 $862 $31,000 $31,000 $0
2014 $821 $31,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    Norman Moolenaar

    The Norton Agency

    (770) 718-5226

    17 in this area

    35 Total Sales

    Norman Moolenaar
    Section Image

  • B

    Seller's Agent in 2013

    BRANDON TRAVIS

    Travis McPhee Realty, Inc.

    (404) 993-9613

    BRANDON TRAVIS
    Section Image
  • Bruce Swanson

    Seller's Agent in 2013

    Bruce Swanson

    Keller Williams Realty Partners

    (404) 259-2161

    100 Total Sales

    Bruce Swanson
    Section Image

  • C

    Buyer's Agent in 2013

    CINDY CONNER

    NOT A VALID MEMBER

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5633132

First Multiple Listing Service (FMLS)

APN: 272-178

Georgia Forsyth County Cumming 30041

7135 Biscayne Dr, Cumming, GA

Not Listed for Sale

Lots

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