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506 Cotton Mill Drive

506 Cotton Mill Drive, Hiram, GA 30141
House in Paulding
Sold Jun 04, 2021
$385,000
$365,750 by Mortgage Research Center
Mortgage Due Jan 01, 2051
Sold Dec 09, 1993
$129,000
$103,000 by Sun America Mortgage Corp
Mortgage
506 Cotton Mill Drive in Hiram, GA was first built in 1993 and is 31 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 506 Cotton Mill Drive has 2,284 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 468 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 29,185 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a garage. The garage is 384 sqft. There is one available parking space. 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 wood control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. 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 forced air unit 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, 506 Cotton Mill Drive sold most recently in Jun 4, 2021 for a total of $385,000. If you work out the math, that's approximately a cost of $168.56 per sqft. Before that, the property was also sold for $129,000 in Nov 19, 1993. 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 $3,983 in taxes each year. 506 Cotton Mill Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $152,772. If we break it down further, the land itself was valued at $14,000. Improvements to the property, however, were assessed at a total of $138,772. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Tile
  • Basement Type: Finished improved basement
  • Basement Area: 468
  • Garage Type: Garage
  • Garage Square Area: 384
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 29,185
  • Total Building Area: 2,284
  • Gross Building Area: 2,284
  • Building Area: 2,284
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,284
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILLHOUSE PLANTATION
  • Land Acres: 0.67
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DIST: 2 SEC: 3 LOT: 971 SUBD: MILLHOUSE PLANTATION SUBDLOT: 28

Ownership

  • Current Owner : BROCK MICHAEL
  • Current Owner 2: BROCK JANET ELIZABETH
  • Previous Owner : HAYNES JOHN EDD
  • Owner Before Previous Owner: HEARTLAND
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Paulding County School District
  • School Tax School District: COUNTY
  • Census Tract: 120603

Geography

  • Account Number: 30941
  • District: 2
  • Section: 3
  • Parcel: 210.1.3.001.0000
  • Block: 41
  • Lot: 971
  • Municipality: COUNTY
  • Latitude: 33.8533
  • Longitude: -84.7461

    Address

  • Full Address: 506 Cotton Mill Dr
  • Address - House Number: 506
  • Address - Street Name: Cotton Mill
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Hiram
  • Carrier Code: R074
  • 4-Digit Zip Code: 3932
  • Zip Code: 30141

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,983
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 407,501
  • High Value: 470,035
  • Low Value: 344,967

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $365,750
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER
  • First Open Lien Mortgage Recording Date: Jun 04, 2021
  • First Open Lien Mortgage Loan Amount: $365,750
  • 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: $381,930
  • Market Land Value: $35,000
  • Market Improvement Value: $346,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $152,772
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $138,772

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 04, 2021
  • Current Sale Transaction ID: 11840293068
  • Current Sale Price: $385,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-004456
  • Previous Sale Recording Date: Dec 09, 1993
  • Previous Sale Contract Date: Nov 19, 1993
  • Previous Sale Amount: $129,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER
  • First Mortgage Transaction Date: Jun 04, 2021
  • First Mortgage Loan Amount: $365,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SUN AMERICA MORTGAGE CORP
  • Previous Mortgage Transaction Date: Dec 09, 1993
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $103,000

About Paulding



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Frequently Asked Questions

What neighborhood is 506 Cotton Mill Drive located in?
The 506 Cotton Mill Drive is a house located in the neighborhood of Paulding in Paulding, Hiram.
What is the average sales price for listings in 506 Cotton Mill Drive?
The average sales price for units in 506 Cotton Mill Drive is $0 currently.

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