StatusAccepting Backup Offers (Active Under Contract)
About 517 Kelly Mill Rd
Fully cleared 6.64 Acre Parcel inside the City Limits of Cumming with access to Water, Natural Gas, High Speed Internet, and gravity flow sewer within 450+- feet. The property is currently zoned R-1, with potential to be rezoned to R-3 Residential (single- or multi-family), 3.0-6.0 units per acre. This property has great development potential and has approximately 450'+- of road frontage on Kelly Mill Rd and is minutes from the new City Center, and Downtown Cumming. Excellent Forsyth County Schools!
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Realty Community Partners
Listing Agent: Mickey Hyams
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: None
View: Other
Lot Features
Lot Information:
Lot: Level, Other
Lot Size: 6.64 Acres
School Info
Assigned Schools Information:
Forsyth Central High School, Public District Grades 9-12
Otwell Middle School, Public District Grades 6-8
Cumming Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: 400N to Exit 13, go west onto Bethelview. Approx 3 miles turn right onto Kelly Mill.
Price Information
Listing Price Info
Price Summary:
List Price: $1,675,000
Tax Information:
Annual Amount: $5,130
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: First Multiple Listing Service
MLS Number: #7196399
Listing Office:
Office Name: Keller Williams Realty Community Partners
Listing Agent: Mickey Hyams
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,427
Per Month
Principal & Interest
$8,360
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,088
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Cumming Elementary School
540 Dahlonega St
Distance between this listing and this school1.65 miles
Public District Grades PK-5
Middle School
7
/10
Otwell Middle School
605 Tribble Gap Rd
Distance between this listing and this school1.59 miles
Public District Grades 6-8
High School
7
/10
Forsyth Central High School
520 Tribble Gap Rd
Distance between this listing and this school1.21 miles
Public District Grades 9-12
Assigned Schools
5
/10
Cumming Elementary School
540 Dahlonega St
Distance between this listing and this school1.65 miles
Public District Grades PK-5
Nearby Schools
8
/10
Kelly Mill Elementary School
1180 Chamblee Gap Rd
Distance between this listing and this school0.62 miles
Public District Grades KG-5
9
/10
Whitlow Elementary School
3655 Castleberry Rd
Distance between this listing and this school1.30 miles
Public District Grades KG-5
Assigned Schools
7
/10
Otwell Middle School
605 Tribble Gap Rd
Distance between this listing and this school1.59 miles
Public District Grades 6-8
Nearby Schools
9
/10
Vickery Creek Middle School
6240 Post Rd
Distance between this listing and this school4.18 miles
Public District Grades 6-8
8
/10
Piney Grove Middle School
8135 Majors Rd
Distance between this listing and this school4.32 miles
Public District Grades 6-8
Assigned Schools
7
/10
Forsyth Central High School
520 Tribble Gap Rd
Distance between this listing and this school1.21 miles
Public District Grades 9-12
Nearby Schools
7
/10
I-Achieve Academy
1130 Dahlonega Hwy
Distance between this listing and this school2.82 miles
Public District Grades 6-12
7
/10
West Forsyth High School
4155 Drew Rd
Distance between this listing and this school3.25 miles
The neighbors living near this home have an average income of $67,982. The most common annual income of people living in Forsyth County, GA is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Cumming, GA
Types of housing in Cumming, GA.
In Cumming, around 55% of buildings are single detached homes, while large apartment buildings, small apartment buildings, and townhouses are the main alternatives in the housing stock. The median year of construction for houses in this city is 1992. This city is primarily composed of two bedroom and three bedroom homes. Homeowners occupy about 55% of the units in the city and 45% are rented.
What is it like to live in Cumming, GA?
Cumming offers a slower-paced atmosphere and will appeal to those who enjoy spending time outdoors. This city is reasonably quiet, as the streets are usually reasonably calm. Finally, it is easy to get to parks in the city and there are a few of them close by for residents to relax in.
Is it easy to get around Cumming, GA without a car?
There are only a few high schools and primary schools in this city and thus they can be an extended walk away. When it comes to eating, it is typically practical for home buyers in Cumming to buy groceries on foot. There are also a few opportunities for those who value restaurants and cafes within walking distance.
Transportation in Cumming, GA.
The preferred method to move around in Cumming is very often a car. It is very easy to park, and most real estate listings are a rather short drive from the nearest highway. However, the public transit service in Cumming is not very frequent. Traveling on foot is not very practical for house buyers in Cumming because most daily needs are sometimes challenging to meet by walking.
Powered by Local Logic
Frequently Asked Questions About 517 Kelly Mill Rd
What is the listing price of this property?
The listing price of 517 Kelly Mill Rd property is $1,675,000.
What type of property is this?
The property 517 Kelly Mill Rd is land located in Cumming, Georgia, 30040.
Is this property for sale now?
Accepting Backup Offers: 517 Kelly Mill Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 517 Kelly Mill Rd are: Cumming Elementary School: GreatSchools Rating 5/10Otwell Middle School: GreatSchools Rating 7/10Forsyth Central High School: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $5,130 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 517 Kelly Mill Rd in Cumming, GA and zip code 30040. This home sits on a 6.64 acre lot. It has been listed on Rocket Homes since March 30, 2023 and is currently priced at $1,675,000.
Forsyth County, GA housing market in March 2024 saw over 75 listings sold above listed price, more than 36 sold at listed price and over 96 sold below. The number of listings in Forsyth County, GA increased by 14.8% between February 2024 and March 2024. The median list price of listings available in March 2024 was $575,000, while the average time on the real estate market was 21 days.
From Rocket Homes Real Estate and based on county public records data.