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5470 Memphis Street

5470 Memphis Street, Cumming, GA 30040
Property in Forsyth
Sold Feb 25, 2015
$105,000
Sold Mar 31, 2011
Transfer
$58,381 by Guaranty Mtg Svcs Llc
Mortgage Due Mar 24, 2041
5470 Memphis Street in Cumming, GA was first built in 1988 and is 36 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5470 Memphis Street has 864 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 864 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 2,990. In total, the area measurement of the land is 30,056 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C-. The exterior walls of the home are made of materials we are unsure of. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. The property was last sold in Feb 25, 2015 for $105,000. That's $121.53 per sqft. 5470 Memphis Street was last assessed in 2023. The total value of the property was assessed at $79,832. Specifically, the land the property is located on was valued at $20,000. While improvements on the property were assessed at a total of $59,832. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,302. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Quality: C-
  • Construction Type: Masonry
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 864
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 30,056
  • Lot Size Depth Feet: 2,990
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 864
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: L C DAY
  • Land Acres: 0.69
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 3-1 599 LT 6 L C DAY

Ownership

  • Current Owner : SADLER ROBERT
  • Previous Owner : DRAKE DARREN R
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Forsyth County School District
  • Census Tract: 130412

Zoning

  • Zoning: R2R

Geography

  • Account Number: 0000140851
  • Parcel: 121 028
  • Lot: 6
  • Municipality: COUNTY
  • Latitude: 34.275
  • Longitude: -84.1601

    Address

  • Full Address: 5470 Memphis St
  • Address - House Number: 5470
  • Address - Street Name: Memphis
  • Address - Suffix Type: St
  • State: GA
  • City Name: Cumming
  • Carrier Code: R021
  • 4-Digit Zip Code: 2861
  • Zip Code: 30040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,302
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.146
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 82
  • Final Value: 244,441
  • High Value: 280,150
  • Low Value: 208,733

    Market Valuation

  • Market Total Value: $199,580
  • Market Land Value: $50,000
  • Market Improvement Value: $149,580

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,832
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $59,832

    Sales

  • Current Sale Contract Date: Feb 25, 2015
  • Current Sale Recording Date: Feb 25, 2015
  • Current Sale Transaction ID: 1172015704
  • Current Sale Price: $105,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015-001597
  • Previous Sale Recording Date: Mar 31, 2011
  • Previous Sale Contract Date: Mar 24, 2011
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESTAR FINANCIAL CORP
  • First Mortgage Transaction Date: Feb 25, 2015
  • First Mortgage Loan Amount: $107,142
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTY MTG SVCS LLC
  • Previous Mortgage Transaction Date: Mar 31, 2011
  • Previous Mortgage Loan Amount: $58,381
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 24, 2041

About Forsyth



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Frequently Asked Questions

What neighborhood is 5470 Memphis Street located in?
The 5470 Memphis Street is a located in the neighborhood of Forsyth in Forsyth, Cumming.
What is the average sales price for listings in 5470 Memphis Street?
The average sales price for units in 5470 Memphis Street is $0 currently.

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