NOT LISTED FOR SALE

Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $870,000 - $977,291

1.85 Acres
$499,268 Price per Acre
80,586 Sq Ft Lot

Last Sold November 29, 2022

Last sale price $850,000 $437 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,381/month

Highlights

  • Boathouse
  • 200 Feet of Waterfront
  • Lake View
  • Chattahoochee Elementary School Rated A
  • Floating Dock
  • 4-minute walk to Young Deer Creek Park

About This Lot

As of November 2022

Premium 2 + - acre Lake Lanier lot with privacy! Prime location! Gorgeous and tranquil park like setting. Deepwater boat dock with expansive lake views. Property is surrounded by new multimillion dollar homes. Incredible opportunity to build your dream home on Lake Lanier!

Last Agent to Sell the Property

Elisa Picard

Atlanta Fine Homes - Sotheby's Int'l License #345695 Listed on: 10/18/2022

Atlanta Fine Homes - Sotheby's Int'l

Last Buyer's Agent

Elisa Picard

Atlanta Fine Homes - Sotheby's Int'l License #345695 Listed on: 10/18/2022

Atlanta Fine Homes - Sotheby's Int'l

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,274

Lot Details

  • 1.85 Acre Lot
  • 200 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Private Lot
  • Partially Wooded Lot

Property Views

  • Lake Views

Schools

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

Utilities

  • Underground Utilities
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1

Community Details

Overview

  • No Home Owners Association
  • Lake Lanier Subdivision

Recreation

  • Boathouse
  • Floating Dock
  • Covered Dock
  • Dock Rights

Property Details

Property Type

Land

Est. Annual Taxes

$5,274

Lot Details

0

Listing Details

  • Property Type: Land
  • District: 14TH
  • Section: 1ST
  • Financing Type: Conventional
  • Lot Size Acres: 1.85
  • Other Sturctures: Boat House, Covered Dock
  • Property Sub-Type: Unimproved Land
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Land Use Restrictions: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Feature Name: Lanier
  • Price Per Square Foot: 485945
  • Possible Use: Residential

Exterior Features

  • Waterfront Frontage: 200
  • Lot Features: Private
  • View: Lake
  • Waterfront Features: Dock Rights, Floating Dock, Lake

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Schools

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

Lot Info

  • Land Lot: 477&5
  • Lot: 1
  • CurrentUse: Other

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5274

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Nov 29, 2022
Sold by
Wade Amanda
Bought by
Mek Family Trust
Seller's Agent
Elisa Picard
Atlanta Fine Homes - Sotheby's Int'l
Buyer's Agent
Elisa Picard
Atlanta Fine Homes - Sotheby's Int'l
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%
Current Estimated Value
$923,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,646
Avg. Annual Appreciation
2.91%

Purchase Details

Closed on
Feb 12, 2021
Sold by
Aderhold Investments Lp
Bought by
Wade Amanda

Purchase Details

Listed on
Aug 27, 2019
Closed on
Nov 23, 2020
Sold by
Aderhold Investments Lp
Bought by
Lapham Gregory
Seller's Agent
Elisa Picard
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Elisa Picard
Atlanta Fine Homes Sotheby's International
List Price
$1,000,000
Sold Price
$475,000
Premium/Discount to List
-$525,000
-52.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.47%

Purchase Details

Closed on
Dec 31, 2012
Sold by
Aderhold Thomas E
Bought by
Aderhold Investments Lp
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
Mek Family Trust $850,000 --
Wade Amanda $475,000 --
Lapham Gregory $475,000 --
Aderhold Investments Lp -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2022 11/29/22 Sold $850,000 -5.5% $437 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $899,000 +89.3% $462 / Sq Ft
11/23/2020 11/23/20 Sold $475,000 -52.5% $244 / Sq Ft View Prior Sale
09/21/2020 09/21/20 Pending -- -- --
08/27/2019 08/27/19 For Sale $1,000,000 -- $514 / 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 $5,992 $249,288 $243,876 $5,412
2024 $5,992 $244,360 $239,100 $5,260
2023 $4,895 $198,880 $194,000 $4,880
2022 $5,084 $163,628 $160,400 $3,228
2021 $4,518 $163,628 $160,400 $3,228
2020 $8,817 $319,276 $316,000 $3,276
2019 $8,650 $312,800 $307,000 $5,800
2018 $4,092 $147,988 $140,000 $7,988
2017 $3,784 $136,332 $130,000 $6,332
2016 $3,229 $116,332 $110,000 $6,332
2015 $2,820 $119,304 $110,000 $6,332
2014 $3,165 $119,564 $110,000 $9,564
Source: Public Records

Agents Affiliated with this Home

  • Elisa Picard

    Seller's Agent in 2022

    Elisa Picard

    Atlanta Fine Homes - Sotheby's Int'l

    (404) 597-1702

    6 in this area

    17 Total Sales

    Elisa Picard
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Source: Georgia MLS

MLS Number: 10101883

Georgia MLS

APN: 259-075

Georgia Forsyth County Cumming 30041

Lake Lanier

This home since 18 October 2022 and is currently estimated at $923,646, approximately $475 per square foot. This home is a home located in Forsyth County with nearby schools including Chattahoochee Elementary School and Little Mill Middle School.

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