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4085 Homestead Ridge Drive

4085 Homestead Ridge Drive, Cumming, GA 30041
Property in Forsyth
Sold Jun 09, 2021
$660,000
Buyer
$516,000 by United Premier Funding
Mortgage Due Jan 01, 2036
Sold Nov 20, 2015
$490,000
$392,000 by Morgan Stanley Private Bank Na
Mortgage Due Nov 20, 2045
4085 Homestead Ridge Drive in Cumming, GA was first built in 1998 and is 26 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 4085 Homestead Ridge Drive has 3,364 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 1,759 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 21,780 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of asphalt. For those who need parking, there is a garage. The garage is 671 sqft. There are a total of 2 available parking spaces. 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 brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of brick. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4085 Homestead Ridge Drive was last sold in Jun 9, 2021 for $660,000. According to our calculations, that's $196.20 per sqft. Prior to that sales transaction, the property was sold for $490,000 in Nov 20, 2015. Current property owners are expected to pay $5,713 in taxes per year. The property on 4085 Homestead Ridge Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $327,152. To break that down further, the land itself was valued at $62,000. While improvements to the property were assessed at a total of $265,152. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Concrete Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 14
  • Building Quality: B
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,759
  • Garage Type: Garage
  • Garage Square Area: 671
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 3,364
  • Building Area: 3,364
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,364
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THREE CH FARM
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2-1 875 LT184PH II UN V-B THREE CH FARM

Ownership

  • Current Owner : LEI MING
  • Previous Owner : SCHULZE ERIC P
  • Owner Before Previous Owner: MURPHY DAVID E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Forsyth County School District
  • Census Tract: 130609

Zoning

  • Zoning: CR1

Geography

  • Account Number: 0000195366
  • Section: 2
  • Subdivision Phase Number: 2
  • Parcel: 158 255
  • Lot: 184
  • Municipality: COUNTY
  • Latitude: 34.1138
  • Longitude: -84.1454

    Address

  • Full Address: 4085 Homestead Ridge Dr
  • Address - House Number: 4085
  • Address - Street Name: Homestead Ridge
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Cumming
  • Carrier Code: R049
  • 4-Digit Zip Code: 5646
  • Zip Code: 30041

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,713
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1492
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 81
  • Final Value: 949,885
  • High Value: 1,091,610
  • Low Value: 808,160

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $516,000
  • First Open Lien Mortgage Lender: UNITED PREMIER FUNDING
  • First Open Lien Mortgage Recording Date: Jun 09, 2021
  • First Open Lien Mortgage Loan Amount: $516,000
  • First Open Lien Mortgage Term: 174
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2036

    Market Valuation

  • Market Total Value: $817,880
  • Market Land Value: $155,000
  • Market Improvement Value: $662,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $327,152
  • Assessed Land Value: $62,000
  • Assessed Improvements Value: $265,152

    Sales

  • Current Sale Contract Date: Jun 09, 2021
  • Current Sale Recording Date: Jun 09, 2021
  • Current Sale Transaction ID: 11843176040
  • Current Sale Price: $660,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-007310
  • Previous Sale Recording Date: Nov 20, 2015
  • Previous Sale Contract Date: Nov 20, 2015
  • Previous Sale Amount: $490,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED PREMIER FUNDING
  • First Mortgage Transaction Date: Jun 09, 2021
  • First Mortgage Loan Amount: $516,000
  • First Mortgage Terms: 174
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • Previous Mortgage Transaction Date: Nov 25, 2015
  • Previous Mortgage Loan Amount: $392,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 20, 2045

About Forsyth



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Frequently Asked Questions

What neighborhood is 4085 Homestead Ridge Drive located in?
The 4085 Homestead Ridge Drive is a located in the neighborhood of Forsyth in Forsyth, Cumming.
What is the average sales price for listings in 4085 Homestead Ridge Drive?
The average sales price for units in 4085 Homestead Ridge Drive is $0 currently.

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