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4850 Silver Leaf Drive

4850 Silver Leaf Drive, Cumming, GA 30040
Property in Forsyth
Sold Oct 03, 2006
$330,900
Buyer
Seller
$228,000 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2031
4850 Silver Leaf Drive in Cumming, GA was first built in 2006 and is 18 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, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 4850 Silver Leaf Drive has 2,928 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 1,250 sqft and has been categorized as a unknown. In total, the area measurement of the land is 9,148 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a garage. The garage is 484 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4850 Silver Leaf Drive sold most recently in Sep 28, 2006 for a total of $330,900. If you work out the math, that's approximately a cost of $113.01 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,360 in taxes each year. 4850 Silver Leaf Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $230,740. If we break it down further, the land itself was valued at $60,000. Improvements to the property, however, were assessed at a total of $170,740. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Quality: B-
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 1,250
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 2,928
  • Building Area: 2,928
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,928
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SILVER LEAF
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2-1 123-124 LT 107 PH 1A SILVER LEAF

Ownership

  • Current Owner : CHO YOON H
  • Previous Owner : HM CENTEX
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Forsyth County School District
  • Census Tract: 130410

Zoning

  • Zoning: CR1

Geography

  • Account Number: 0000204916
  • Subdivision Phase Number: 1
  • Parcel: 081 423
  • Lot: 107
  • Municipality: COUNTY
  • Latitude: 34.1906
  • Longitude: -84.1914

    Address

  • Full Address: 4850 Silver Leaf Dr
  • Address - House Number: 4850
  • Address - Street Name: Silver Leaf
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Cumming
  • Carrier Code: R064
  • 4-Digit Zip Code: 9699
  • Zip Code: 30040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,360
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 640,739
  • High Value: 755,357
  • Low Value: 526,122

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $228,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 14, 2016
  • First Open Lien Mortgage Loan Amount: $228,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2031

    Market Valuation

  • Market Total Value: $576,850
  • Market Land Value: $150,000
  • Market Improvement Value: $426,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $230,740
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $170,740

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 28, 2006
  • Current Sale Recording Date: Oct 03, 2006
  • Current Sale Transaction ID: 1038349449
  • Current Sale Price: $330,900
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TERRACE MTG
  • First Mortgage Transaction Date: Oct 03, 2006
  • First Mortgage Loan Amount: $264,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 28, 2036

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Frequently Asked Questions

What neighborhood is 4850 Silver Leaf Drive located in?
The 4850 Silver Leaf Drive is a located in the neighborhood of Forsyth in Forsyth, Cumming.
What is the average sales price for listings in 4850 Silver Leaf Drive?
The average sales price for units in 4850 Silver Leaf Drive is $0 currently.

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