StatusAccepting Backup Offers (Active Under Contract)
About 8215 Wallace Tatum Rd
7 +/-ACRES. POSSIBLE ASSEMBLAGE WITH ADJACENT 22+ AC. (see FMLS 7317565) PRIME LOCATION IN NW FORSYTH COUNTY, IN CUMMING (north ATL) GA FOR NEW HOMES; LOCATED ONE-HALF MILE OFF GA 369 (Matt Hwy) (at Seabolt Dr.); 1O MILES WEST OF GA 400 (go west at exit 18 BROWNS BRIDGE RD); EXISTING FORCE MAIN SEWER AT THE ROAD; EXISTING GRAVITY SEWER ON ON SETTING DOWN CREEK. SEE PHOTOS FOR EXTENSIVE INFORMATION THE SITE IS WONDERFULLY PRIVATE WITH DIRECT ACCESS TO 420+/- LF ON SUBSTANIAL SETTINGDOWN CREEK. AND FUTURE PHASE 2 OF THE BIG CREEK GREENWAY. ONE OR SEVERAL SINGLE FAMILY HOMES COULD BE BUILT ON THE SITE. OR THE LOT IS A POSSIBLE ASSEMBLAGE WITH THE ADJACENT 22.74+/- ACRE SITE. PARCEL ID 048 050 FMLS LISTING 7317575. SELLER WILL SELL SUBJECT TO ZONING TO RESIDENTIAL IF THE SITE IS DESIRED AS PART OF AN ASSEMBLAGE FOR SINGLE FAMILY HOME DEVELOPMENT THERE IS A PERPETUAL DRIVEWAY EASEMENT FROM WALLACE TATUM TO THE 7+/- ACRE PLEASE DO NOT GO UP THE DRIVEWAY OR WALK THE SITE WITHOUT PRIOR APPROVAL
Property Details
Property Features
Listing Office:
Office Name: Georgia Brokers Real Estate
Office Phone: (706) 268-1885
Listing Agent: Michelle Toups
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Creek
View: Creek/Stream
Lot Features
Lot Information:
Lot Size: 7.00 Acres
Other
Directions Information:
Directions: GPS to 8215 Wallace Tatum, Cumming, GA 30328. This is the driveway that provides access to the home at this address which home is not on this for-sale property. SEE Docs.
Price Information
Listing Price Info
Price Summary:
List Price: $665,000
Tax Information:
Annual Amount: $5,745
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Cumming, GA.
This property is $83.4K more than the Median Sold Price in Cumming, GA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: First Multiple Listing Service
MLS Number: #7361077
Listing Office:
Office Name: Georgia Brokers Real Estate
Office Phone: (706) 268-1885
Listing Agent: Michelle Toups
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,386
Per Month
Principal & Interest
$3,319
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,060
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Matt Elementary School
7455 Wallace Tatum Rd
Distance between this listing and this school0.98 miles
Public District Grades KG-5
5
/10
Pooles Mill Elementary School
7110 Heardsville Rd
Distance between this listing and this school1.15 miles
Public District Grades KG-5
7
/10
Sawnee Elementary School
1616 Canton Hwy
Distance between this listing and this school4.37 miles
Public District Grades KG-5
Nearby Schools
6
/10
Liberty Middle School
7465 Wallace Tatum Rd
Distance between this listing and this school0.98 miles
Public District Grades 6-8
6
/10
North Forsyth Middle School
3645 Coal Mountain Dr
Distance between this listing and this school6.80 miles
Public District Grades 6-8
Nearby Schools
8
/10
West Forsyth High School
4155 Drew Rd
Distance between this listing and this school5.65 miles
Public District Grades 9-12
8
/10
North Forsyth High School
3635 Coal Mountain Dr
Distance between this listing and this school6.60 miles
Public District Grades 9-12
6
/10
Forsyth Central High School
131 Almon C Hill Dr
Distance between this listing and this school7.02 miles
The neighbors living near this home have an average income of $90,201. Most Cumming, GA residents have annual incomes between $35k-100k. Typical family type is married, with kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8215 Wallace Tatum Rd
What is the listing price of this property?
The listing price of 8215 Wallace Tatum Rd property is $665,000.
What type of property is this?
The property 8215 Wallace Tatum Rd is land located in Cumming, Georgia, 30028.
Is this property for sale now?
Accepting Backup Offers: 8215 Wallace Tatum Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $5,745 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 29, 2020 for $524,800. (source: MLS/tax record).
How much acreage is this property?
The property 8215 Wallace Tatum Rd is 7.00 acres.
Interested in 8215 Wallace Tatum Rd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 8215 Wallace Tatum Rd in Cumming, GA and zip code 30028. This home sits on a 7.00 acre lot. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $665,000.
Cumming, GA housing market in October 2024 saw over 36 listings sold above listed price, more than 51 sold at listed price and over 143 sold below. In October 2024 in Cumming, GA there were 14.9% more homes for sale than in September 2024. In October 2024 median list price was $581,508 and the average listing age was 43 days.
From Rocket Homes Real Estate and based on county public records data.