1 month on rocket

4900 Spot Rd, Cumming, GA, 30040

$7,500,000

5 Bedrooms
3 Full Baths, 1 Partial
3,500 SqFt
$2,143/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Drive Under Main Level, Level Driveway, Parking Pad
Year Built1985
HeatingElectric
CoolingCeiling Fan(s), Central Air
BasementYes
WaterfrontNone
FireplaceFactory Built, Family Room, Gas Log, Gas Starter
ViewMountain(s)
Private PoolYes
MLS #7468435
Lot Size28.95 Acres
StatusActive

About 4900 Spot Rd

Developers Dream Project. Possible Owner Financing for a well-qualified Developer. Tenant Occupied, So Don't drive by the property without any prior appointment or Listing agent accompanied. Heaven on Earth! Exploding Cumming Location and landscape could not be more perfect! Absolutely gorgeous views of Sawnee Mountain & only a few miles to downtown Cumming, City Center and the Canton Hwy Expansion project is Underway, which will bring more residents and businesses to the area ! 28.95 Acres of beautiful, fenced land ideal for many uses. Two houses on the property. Both Tenant Occupied and Income producing. One Farmhouse with wrap around porch, features owners suite on main level, Upgraded Master Bath, newly Painted Interiors etc. Saltwater pool, Pool House and 6 Stall Barn round out this stunning property. Primed for developing into to a Modern and upscale, Custom Single-Family Homes Sub-Division. Sewer is Close by and Runs to the Opposite Heirloom Community by Empire Homes. Potential Commercial on the Road Frontage for a Right Commercial Use. Bring your Ideas and Imagination to make this blank canvas into lively neighborhood.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1985
  • Living Area: 3,500 SqFt

Listing Office:

  • Office Name: GVR Realty, LLC.
  • Office Phone: (470) 662-9274
  • Listing Agent: Vijayendar Garlapati

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Microwave
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior: Cathedral Ceiling(s)
  • Fireplace: Factory Built, Family Room, Gas Log, Gas Starter

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None
  • View: Mountain(s)
  • Exterior: Private Entrance, Private Yard

Parking Information:

  • Parking: Covered, Drive Under Main Level, Level Driveway, Parking Pad

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Level, Pasture, Private, Wooded
  • Lot Size: 28.95 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: GPS 4900 Spot Road, Cumming.

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,500,000
  • Price Per SqFt: $2,143/SqFt

Tax Information:

  • Annual Amount: $1,884
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cumming, GA.

Med. Sold Price

$582.9K

Med. Price/SqFt

$219

Avg. Days On Market

38

# of Sold Homes

183

4900 Spot Rd vs Cumming

55 DAYS ON ROCKET

+17 Days

$7,500,000

+$6.9M More

$2,143/SqFt

+$1.9K More

KEY TAKEAWAY

This property is $6.9M more than the Median Sold Price and $1.9K/SqFt more than other homes in Cumming, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7468435

Listing Office:

  • Office Name: GVR Realty, LLC.
  • Office Phone: (470) 662-9274
  • Listing Agent: Vijayendar Garlapati

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If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 2:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 30, 2021Home Sold
$1,050,000
Mar 08, 2016Home Sold
$612,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,884$317,984
2018$1,859$271,684
2017$1,780$228,028

History based on county public records data.

Payment Calculator

$37.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$22.5K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-84791
7
/10
  • Sawnee Elementary School

  • 1616 Canton Hwy

  • 1.05 miles

  • Public District Grades KG-5

school-card-donut-84792
6
/10
  • Cumming Elementary School

  • 540 Dahlonega St

  • 2.51 miles

  • Public District Grades KG-5

school-card-donut-84793
8
/10
  • Kelly Mill Elementary School

  • 1180 Chamblee Gap Rd

  • 2.95 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $96,131. Residents of Cumming, GA typically earn between $35k-100k each year. Residents typically live in married, with kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4900 Spot Rd

What is the listing price of this property?

The listing price of 4900 Spot Rd property is $7,500,000.

What type of property is this?

The property 4900 Spot Rd is a house located in Cumming, Georgia, 30040.

Is this property for sale now?

Active Listing: 4900 Spot Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,884 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 30, 2021 for $1,050,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4900 Spot Rd has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 4900 Spot Rd is 3,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4900 Spot Rd is 1985.
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Rocket HomesGeorgiaForsyth CountyCumming300404900 Spot Rd

This home is located at 4900 Spot Rd in Cumming, GA and zip code 30040. This 3,500 square foot home, which was built in 1985, sits on a 28.95 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $7,500,000.

Over 14 listings were sold over their listed price in November 2024 in Cumming, GA. In the same period over 122 listings were sold below the listed price and 42 listings were sold for the listed price. The inventory of homes for sale in Cumming, GA between October 2024 and November 2024 decreased by 3.9%. The median list price of listings available in November 2024 was $582,903, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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