4840 Magnolia Springs Drive

4840 Magnolia Springs Drive has been categorized by the local assessors in Cumming, GA as a residential type of property. The building on the property was first built in 2019 and is 5 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4840 Magnolia Springs Drive has 3,720 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,019 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 462 sqft. From what we've gathered, the quality of these control joints have been graded with a letter grade of B- by the local assessor. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery 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, 4840 Magnolia Springs Drive was last sold in Aug 16, 2019 for $525,800. According to our calculations, that's $141.34 per sqft. Prior to that sales transaction, the property was sold for $353,100 in Dec 19, 2018. Current property owners are expected to pay $5,341 in taxes per year. The property on 4840 Magnolia Springs Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $259,384. To break that down further, the land itself was valued at $60,000. While improvements to the property were assessed at a total of $199,384. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.