See Home Value
Forsyth 30041
5575 Hancock Lane
$414,000 - $504,000
House - Off Market

5575 Hancock Lane

Cumming, GA 30041
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1720 Sqft
Sold Apr 13, 2020
$265,000
$263,400 by Homespire Mortgage
Mortgage Due Jan 01, 2051
Sold May 21, 2017
$230,000

About This Property

Welcome to your beautifully renovated sanctuary in the highly sought-after Chestatee elementary, Little Mill Middle, East Forsyth High school district. This charming home offers an array of desirable features and modern upgrades, making it the perfect blend of comfort and style.

Step inside to discover a fully renovated kitchen, showcasing updated appliances, a sleek subway tile backsplash, and real wood cabinets that provide ample storage space. The wood-look tile floors add warmth and elegance to the space, while the covered porch invites you to unwind and enjoy the peaceful surroundings.

The newly renovated master bathroom is a true oasis, featuring gorgeous ceiling features that add a touch of luxury to your daily routine. With a spacious layout and thoughtful design, this home offers a large master bedroom, perfect for rest and relaxation.

Entertain guests or relax with family in the expansive bonus room, which could easily be used as a fourth bedroom or a versatile space to suit your needs. Shiplap feature walls in the living room and entryway add character and charm, creating a welcoming atmosphere throughout.

Outside, the spacious flat fenced backyard provides plenty of room for outdoor activities and gatherings. Enjoy cozy evenings around the firepit, surrounded by large flagstone, creating the perfect ambiance for making memories with loved ones.

Additional highlights include a separate finished house with heating and air, ideal for use as a guest suite, home office, or studio space. With a large attic for storage and the convenience of a washer and dryer included, this home offers everything you need for modern living.

Don't miss your chance to make this exquisite property your own. Schedule a showing today and experience the unmatched comfort and elegance of this beautiful home!

The manager has listed the unit size as 1720 square feet.
Unit Size
1,720Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$267
Property Type
House
Property Taxes
$270
HOA Dues
-
Year Built
2005

Price History

Date / Event Date Event Price
Mar 24, 2024 No longer available -
No longer available
Mar 5, 2024 In contract -
In contract
Feb 29, 2024 Listed $459,000
Listed
Oct 6, 2021 No longer available -
No longer available
Apr 13, 2020 Sold to Kenneth Smith, Matthew Smith $265,000
Sold to Kenneth Smith, Matthew Smith
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Quality: C+
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 25,700
  • Total Building Area: 1,720
  • Building Area: 1,720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,720
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SIDNEY MILL
  • Land Acres: 0.59
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 14-1 726 LT15 PH 2 SIDNEY MILL

Ownership

  • Current Owner : SMITH MATTHEW
  • Current Owner 2: SMITH KENNETH
  • Previous Owner : BENT JASON W
  • Owner Before Previous Owner: REED DONNA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Forsyth County School District
  • Census Tract: 130105

Zoning

  • Zoning: R2R

Geography

  • Account Number: 0000197210
  • Subdivision Phase Number: 2
  • Parcel: 269 321
  • Lot: 15
  • Municipality: COUNTY
  • Latitude: 34.2627
  • Longitude: -84.0308

    Address

  • Full Address: 5575 Hancock Ln
  • Address - House Number: 5575
  • Address - Street Name: Hancock
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Cumming
  • Carrier Code: R062
  • 4-Digit Zip Code: 5544
  • Zip Code: 30041

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,242
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1572
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 434,841
  • High Value: 503,229
  • Low Value: 366,453

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $263,400
  • First Open Lien Mortgage Lender: HOMESPIRE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 21, 2021
  • First Open Lien Mortgage Loan Amount: $263,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $423,250
  • Market Land Value: $100,000
  • Market Improvement Value: $323,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,300
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $129,300

    Sales

  • Current Sale Contract Date: Apr 13, 2020
  • Current Sale Recording Date: Apr 13, 2020
  • Current Sale Transaction ID: 11756014733
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-003298
  • Previous Sale Recording Date: May 21, 2017
  • Previous Sale Contract Date: May 21, 2017
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FBC MORTGAGE
  • First Mortgage Transaction Date: Apr 13, 2020
  • First Mortgage Loan Amount: $260,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3.5 Baths
3,022 ft²
$162/ft²
$490,000 Feb 15, 2024
-
$921/mo

About Forsyth


Similar Homes for Sale

Unit for sale at 7135 Lanier Cove Court, Cumming, GA 30041

$490,000

  • 4 Beds
  • 3.5 Baths
  • 3,022 ft²
7135 Lanier Cove Court, Cumming, GA 30041 Listing by Shelley Carafano

Nearby Rentals



Frequently Asked Questions

When was property at 5575 Hancock Lane built and last sold?
The property at 5575 Hancock Lane was built in 2005 and last sold on Apr 13, 2020 for $265,000.
How much is this home worth?
The estimated value of the home located at 5575 Hancock Lane is $461,825.
What are some comparable homes to 5575 Hancock Lane?
Homes that are comparable to 5575 Hancock Lane include a house property at 7135 Lanier Cove Court, located in Cumming, GA.

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