$189,900
SOLD FEB 13, 2018

8525 Wallace Tatum Rd Cumming, GA 30028

3 Beds
2 Baths
1,344 Sq Ft
4.93 Acres

Recently Sold

$141 Per Sq Ft

Highlights

  • 785 Feet of Waterfront
  • Guest House
  • Deck
  • Poole's Mill Elementary School Rated A
  • Home fronts a creek
  • Private Lot

About This Home

As of November 2023

Wow! 4.93 Acres in Cumming on beautiful Settingdown Creek with great sound. Mobile home on foundation has 3 bedrooms, 2 bath, separate TINY HOME apartment with full bath and kitchenette. Huge 40 x 30 work shop with two bays. Storage shed. On public water, but also has two bored wells. Clean and neat....ready to make your own. Bobby Brent at Silverton Mortgage is ready for your application. No USDA. USE SHOWINGTIME FOR APPOINTMENTS.

Last Agent to Sell the Property

John Wolfe

Virtual Properties Realty. Biz License #376321 Listed on: 11/10/2017

Virtual Properties Realty. Biz

Co-Listed By

Aaron Halberg

Virtual Properties Realty. Biz License #359082

Last Buyer's Agent

Robert Strader

Keller Williams Realty Community Partners License #260647

Keller Williams Realty Community Partners

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $1,252

Year Built

  • Built in 1991

Lot Details

  • 4.93 Acre Lot
  • Home fronts a creek
  • 785 Feet of Waterfront
  • No Common Walls
  • Permeable Paving
  • Private Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Ranch Style House
  • Metal Roof
  • Cement Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Family Room
  • Workshop
  • Carpet
  • Crawl Space
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Mud Room
  • Laundry in Kitchen

Parking

  • Parking Pad
  • Parking Accessed On Kitchen Level
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC

Outdoor Features

  • Deck
  • Outbuilding
  • Front Porch

Schools

  • Matt Elementary School
  • Liberty - Forsyth Middle School
  • North Forsyth High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank
  • Satellite Dish

Additional Features

  • Guest House
  • In Flood Plain

Listing and Financial Details

  • Assessor Parcel Number 027 035

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$1,252

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mobile, Ranch
  • Property Condition: Resale
  • Year Built: 1991
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Other Equipment: Satellite Dish
  • Appliances: Dishwasher, Electric Range
  • Basement: Crawl Space
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Laminate Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Workshop
  • Square Footage: 1344.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: In-Law Suite/Apartment, Master on Main
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Separate Tub/Shower

Exterior Features

  • Other Structures: Guest House, Outbuilding
  • Waterfront Frontage: 785
  • Construction Materials: Cement Siding
  • Roof Type: Metal
  • Patio And Porch Features: Deck, Front Porch
  • Exterior Features: Permeable Paving

Garage/Parking

  • Parking Features: Driveway, Kitchen Level, Parking Pad

Utilities

  • Sewer: Public Sewer, Septic Tank
  • Water Source: Public
  • Security: Security System Owned
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Kitchen, Mud Room

Schools

  • Elementary School: Matt
  • Middle School: Liberty - Forsyth
  • High School: North Forsyth

Lot Info

  • Acres: 4.9300
  • Land/Lot: 439
  • Section G M D: 1
  • Lot Features: Flood Plain, Level, Private, Wooded
  • Lot Dimensions: 4.93
  • Parcel Number: 027 035
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Windows

Tax Info

  • Taxes: 1252.00
  • Assessor Parcel Number: 027-000-035
  • Close Date: 2018-02-13
  • Tax Year: 2017

Multi Family

  • Waterfront Features: Creek

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Matt
  • High School: North Forsyth
  • Middle School: Liberty - Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2025
Sold by
Mcclain James T
Bought by
Mcclain James T and Mcclain Buffy F
Current Estimated Value
$486,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Outstanding Balance
$346,765
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$139,937

Purchase Details

Listed on
Oct 10, 2023
Closed on
Nov 17, 2023
Sold by
Tate Joshua N
Bought by
Tate Joshua N and Tate Elizabeth P
Seller's Agent
Crystal Chance
Robbins Realty, Inc.
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$524,900
Sold Price
$490,000
Premium/Discount to List
-$34,900
-6.65%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.36%
Original Mortgage
$481,124
Interest Rate
7.57%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 10, 2017
Closed on
Feb 13, 2018
Sold by
Cantrell Deborah Kay
Bought by
Hanks John and Hanks Tonya
Seller's Agent
John Wolfe
Virtual Properties Realty. Biz
Buyer's Agent
Robert Strader
Keller Williams Realty Community Partners
List Price
$189,900
Sold Price
$189,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.85%
Original Mortgage
$151,920
Interest Rate
4.04%
Mortgage Type
New Conventional
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 -- None Listed On Document
Special Warranty Deed $500,000 None Listed On Document
Special Warranty Deed $500,000 None Listed On Document
Special Warranty Deed -- None Listed On Document
Special Warranty Deed $490,000 None Listed On Document
Limited Warranty Deed $189,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $348,000 New Conventional
Closed $348,000 New Conventional
Previous Owner $481,124 FHA
Previous Owner $151,920 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $490,000 -6.6% $365 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $524,900 +176.4% $391 / Sq Ft
02/13/2018 02/13/18 Sold $189,900 0.0% $141 / Sq Ft
11/22/2017 11/22/17 Pending -- -- --
11/10/2017 11/10/17 For Sale $189,900 -- $141 / 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 $2,390 $133,404 $129,204 $4,200
2024 $2,390 $101,104 $96,904 $4,200
2023 $2,675 $108,680 $104,360 $4,320
2022 $2,694 $74,604 $70,284 $4,320
2021 $2,060 $74,604 $70,284 $4,320
2020 $2,063 $74,724 $70,284 $4,440
2019 $1,651 $59,704 $54,664 $5,040
2018 $1,355 $59,704 $54,664 $5,040
2017 $1,251 $54,496 $49,456 $5,040
2016 $1,031 $44,084 $39,044 $5,040
2015 $1,033 $44,084 $39,044 $5,040
2014 $823 $36,516 $31,236 $5,280
Source: Public Records

Agents Affiliated with this Home

  • Crystal Chance

    Seller's Agent in 2023

    Crystal Chance

    Robbins Realty, Inc.

    (770) 363-3587

    134 Total Sales

    Crystal Chance
    Section Image
  • Glenda Broker

    Buyer's Agent in 2023

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

    Glenda Broker
    Section Image
  • John Wolfe

    Seller's Agent in 2018

    John Wolfe

    Virtual Properties Realty.BIZ

    (404) 304-6119

    John Wolfe
    Section Image
  • Aaron Halberg

    Seller Co-Listing Agent in 2018

    Aaron Halberg

    Virtual Properties Realty.BIZ

    (404) 670-4166

    43 Total Sales

    Aaron Halberg
    Section Image
  • Robert Strader

    Buyer's Agent in 2018

    Robert Strader

    Keller Williams Realty Community Partners

    (678) 608-2200

    55 Total Sales

    Robert Strader
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5931764

First Multiple Listing Service (FMLS)

APN: 027-035

Georgia Forsyth County Cumming 30028

8525 Wallace Tatum Rd, Cumming, GA

This home is located at 8525 Wallace Tatum Rd, Cumming, GA 30028 and is currently priced at $189,900, approximately $141 per square foot. This property was built in 1991. 8525 Wallace Tatum Rd is a home located in Forsyth County with nearby schools including Poole's Mill Elementary School, Liberty Middle School, and North Forsyth High School.

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