Property Report for 5565 Mercedes Dr, Cumming, GA 30041

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5565 Mercedes Dr, Cumming, GA 30041
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5565 Mercedes Dr, Cumming, GA 30041
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Property Details
  • Property Address 5565 Mercedes Dr, Cumming, GA 30041
  • County Forsyth
  • Parcel ID 221 290
  • Legal description 14-1 87 LT126-127-128 HT-SS
  • School district Forsyth County School District
  • Acreage 0.38
  • Property class Single Family Residence
  • Zoning Subscribe
  • Square footage 1,600
  • Year built 1975
  • Bedrooms 3
  • Bathrooms 3

About the Property

5565 Mercedes Dr is a single family residence in the city of Cumming, GA 30041. Located in the Forsyth County School District, which resides in Forsyth County, GA and built in 1975. This Single Family Residence sits on a 16,553 sq ft lot and features 3 bedrooms, 3 bathrooms and 1,600 sq ft of living space.

The most recent property tax for 5565 Mercedes Dr was $3,840 with an estimated market value range of $472,281 to $511,638. This property was last sold on March 19, 2018 for $290,000.

Property Info

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Flood

Ownership

Land
  • Acres 0.38
  • Square Feet 16,553
Building
  • Units N/A
  • Year Built 1975
  • Effective Year Built 1990
  • Stories 2
  • # Fireplaces 1
  • Garage/Carport N/A
Utilities
  • Cooling Central
  • Heating Central
Interior
  • Square Footage
  • Living Area 1,600
  • Total Rooms N/A
  • Bedrooms 3
  • Total Bathrooms 3
  • Full Bathrooms 3
  • Additional Rooms
  • Utility Room
Your Property Report will also include the following information:

Cumming Residential Market Stats

Median Sale Price $623,000 +5.1% YoY
Median Price/sq ft. $233
Forsyth County Median Sale Price $623,000 +5.1% YoY

See more Real Estate Trends for Cumming including home values, types of properties sold and transaction volumes.

Taxes and Assessments for 5565 Mercedes Dr, Cumming

Tax YearTaxesTax Assesed ValueExemptions
2022$3,840 (+20.8%) $115,136 (+0.1%)

2021$3,179 (-0.5%) $115,052 (-0.4%)

2019$3,194 (+73%) $115,504 (+73%)

2018

2017

2016

2015

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Sales History for 5565 Mercedes Dr, Cumming

The most recent sale on 5565 Mercedes Dr took place on Mar 15, 2018 and recorded on Mar 19, 2018 for $290,000. Sign up for full access to the complete sales history including potential flips, distressed sales and buyer and seller data.
Sale DateRecorded DateBuyer(s)Seller(s)PriceDocument ID

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Recently Sold Comparables
These are nearby recently sold properties that are similar to this property, base on available data.
AddressDistanceSqFtSale DatePrice$/SqFt
830 PARKSIDE WALK 1.43 mi1,82804/19/2024$480,000$263
1606 INDIAN WAY 1.23 mi1,57104/18/2024$310,000$197
4865 MCCOY CIR 4.43 mi1,88804/17/2024$275,000$146
Active Mortgages and Equity Analysis
Date RecordedPositionOriginal AmountAmortized BalanceLoan TypeInterest RateLenderLender Type

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  • Estimated Value from ATTOM AVM:

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Automated Valuation Models (AVM)
Our Property Reports contain multiple Automated Valuation Models showing low, median, and high values along with confidence scores.
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Market Value Estimate
Nov 22, 2022 Confidence Score: 96%

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Rental Value Estimate ATTOM
Nov 27, 2022

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Various data sets have been provided by a third party or government source and are subject to change and possible errors. Depending on location and source, data may be missing or not available. Information is deemed reliable but not guaranteed to be accurate, up-to-date, or complete. Buyers, investors, and others are responsible for verifying the accuracy of all information.