Active under contract

Price cut: $114K (9/18)

$185,000

516 Kelly Mill Rd, Cumming, GA 30040

--beds

--baths

0.77Acres

Residential Lot

Built in ----

0.77 Acres Lot

$267,400 Zestimate^®

$--/sqft

$-- HOA

What's special

Rare Investment Opportunity in the Heart of Cumming Welcome to a unique real estate opportunity at 516 Kelly Mill Rd, where your investment dreams can take shape on an expansive 0.77-acre lot! This prime piece of land is perfectly situated in a rapidly growing area and offers incredible potential for developers, investors, or those seeking their own slice of paradise. This property stands out as a rare find. With its ideal setting and unmatched potential, 516 Kelly Mill Rd is not just land; its an invitation for savvy investors ready to capitalize on. One of sellers is a licensed real estate agent in Georgia.

146 days

215

5

Facts & features

Property

Lot

Size: 0.77 Acres
Features: City Lot, Level

Details

Parcel number: 128 525

Utilities & green energy

Sewer: Other
Water: Other
Utilities for property: Other

Community & HOA

Community

Features: None
Subdivision: none

HOA

Has HOA: No

Location

Region: Cumming

Financial & listing details

Tax assessed value: $140,020
Annual tax amount: $1,177
Date on market: 7/21/2025
Cumulative days on market: 147 days
Listing agreement: Exclusive Right To Sell

Estimated market value

$267,400

$235,000 - $302,000

$1,741/mo

Price history

Date	Event	Price
9/18/2025	Price change	$185,000-38.1%
Source: GAMLS #10568167 Report a problem
9/16/2025	Pending sale	$299,000+61.6%
Source: FMLS GA #7617717 Report a problem
9/9/2025	Price change	$185,000-59.7%
Source: GAMLS #10568167 Report a problem
8/5/2025	Price change	$459,000+53.5%
Source: GAMLS #10573372 Report a problem
8/3/2025	Price change	$299,000+67%
Source: GAMLS #10568166 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,373 +3.2%	$56,008 +3.6%
2023	$1,331 +41.7%	$54,068 +53.2%
2022	$939 +25.8%	$35,296 +30.5%

Find assessor info on the county website

BuyAbility℠ payment

Estimated monthly payment

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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