NOT LISTED FOR SALE

7020 Cherokee Trace Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $1,001,722 - $1,229,000

4 Beds
3 Baths
3,786 Sq Ft
$300/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $740,000 $195 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,645/month

Highlights

  • 165 Feet of Waterfront
  • Single Slip
  • Lake View
  • Chattahoochee Elementary School Rated A
  • Open-Concept Dining Room
  • Community Lake

About This Home

As of December 2020

Comfortable lake living with south lake convenience off GA 400 Pilgrim Mill Road! Perfect for full time living or great second home. Cozy and comfortable lake cottage with southwest views in protected cove! Gentle, not flat, walk to single slip dock. Original home was earlier expanded to make large master suite area and second master downstairs. Open and light floor plan includes 3 BR's on main, and BR suite down. Spacious deck with hot tub and lower screened porch. Terrace level features game room open to family room with wet bar. Good storage and workshop.

Last Agent to Sell the Property

Sheila Davis

The Norton Agency License #244784 Listed on: 12/03/2020

The Norton Agency

Last Buyer's Agent

Andy Payne

Atlanta Fine Homes Sotheby's International License #373836

Atlanta Fine Homes Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $944

Year Built

  • Built in 1981

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 13 x 232 x 173 x 172
  • 165 Feet of Waterfront
  • Lake Front
  • Property fronts a state road
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Cottage
  • Composition Roof
  • Stone Siding
  • Cedar

Interior Spaces

  • 3,786 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Great Room with Fireplace
  • 2 Fireplaces
  • Open-Concept Dining Room
  • Screened Porch
  • Lake Views
  • Security System Owned

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Finished Basement Bathroom
  • Natural lighting in basement

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation

Outdoor Features

  • Single Slip
  • Deck

Schools

  • Chattahoochee - Forsyth Elementary School
  • Little Mill Middle School

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • 110 Volts
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Sun Down Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 244 069

Home Details

Home Type

Single Family

Est. Annual Taxes

$944

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage, Ranch
  • Property Condition: Resale
  • Year Built: 1981
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Basement, Factory Built, Gas Log, Great Room
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Gas Range, Microwave
  • Interior Amenities: Double Vanity, High Speed Internet, Walk-In Closet(s), Wet Bar
  • Basement: Daylight, Finished Bath, Finished, Full
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Kitchen Island, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story
  • Dining Room Features: Open Concept
  • Square Footage: 3786.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 1
  • Main Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Waterfront Frontage: 165
  • Construction Materials: Cedar, Stone
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Front Porch, Rear Porch, Screened
  • View: Lake

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security System Owned
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric
  • Laundry Features: In Kitchen, Laundry Room
  • Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Community Features: Lake
  • Subdivision Complex: Sun Down

Schools

  • Elementary School: Chattahoochee - Forsyth
  • Middle School: Little Mill
  • High School: Forsyth - Other

Lot Info

  • Acres: 0.3730
  • Lot: 26
  • Land/Lot: 286
  • Section G M D: 1
  • Deed Book: 01100
  • Deed Page: 0728
  • Plat Book: 9
  • Plat Page: 21
  • Lot Features: Front Yard
  • Lot Dimensions: 13 x 232 x 173 x 172
  • Parcel Number: 244 069
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Insulation
  • Green Energy Generation: None

Tax Info

  • Taxes: 944.00
  • Assessor Parcel Number: 244-000-069
  • Close Date: 2020-12-30
  • Tax Year: 2019

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • Elementary School: Chattahoochee - Forsyth
  • High School: Forsyth - Other
  • Middle School: Little Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 1997
Sold by
Lortie Kathleen A
Bought by
Bailey Harry C Carolyn A
Current Estimated Value
$1,137,431
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bailey Harry C Carolyn A $163,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bailey Harry C Carolyn A $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2020 12/30/20 Sold $740,000 -1.3% $195 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $750,000 -- $198 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,385 $468,544 $180,000 $288,544
2024 $7,385 $398,108 $180,000 $218,108
2023 $6,531 $285,136 $140,000 $145,136
2022 $7,498 $285,136 $140,000 $145,136
2021 $6,699 $285,136 $140,000 $145,136
2020 $929 $209,976 $140,000 $69,976
2019 $944 $216,420 $140,000 $76,420
2018 $952 $193,344 $140,000 $53,344
2017 $938 $169,956 $120,000 $49,956
2016 $916 $153,956 $104,000 $49,956
2015 $907 $147,956 $98,000 $49,956
2014 $840 $143,924 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sheila Davis

    Seller's Agent in 2020

    Sheila Davis

    The Norton Agency

    (770) 235-6907

    62 in this area

    372 Total Sales

    Sheila Davis
    Section Image
  • Andy Payne

    Buyer's Agent in 2020

    Andy Payne

    Atlanta Fine Homes Sotheby's International

    (229) 726-2794

    1 in this area

    16 Total Sales

    Andy Payne
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6814606

First Multiple Listing Service (FMLS)

APN: 244-069

Georgia Forsyth County Cumming 30041 Lake Lanier

7020 Cherokee Trace, Cumming, GA

This home is located at 7020 Cherokee Trace, Cumming, GA 30041 since 03 December 2020 and is currently estimated at $1,137,431, approximately $300 per square foot. This property was built in 1981. 7020 Cherokee Trace is a home located in Forsyth County with nearby schools including Chattahoochee Elementary School and Little Mill Middle School.

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