NOT LISTED FOR SALE

7020 Wessex Way Cumming, GA 30028

Estimated Value: $412,000 - $437,000

5 Beds
3.5 Baths
1,672 Sq Ft
$255/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $310,000 $185 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,585/month

Highlights

  • Open-Concept Dining Room
  • A-Frame Home
  • Cathedral Ceiling
  • Silver City Elementary School Rated A
  • Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of April 2021

Maintaind & updatd beauty in quiet sub. Bannister Park. Charming home in prime loc. close to shoppng, ent. & Lake Lanier. Private wooded & flat back yard. Back deck w/ a custom built-in fire pit w/ benches! Serene views from the new screend porch-The mounted TV stays!! New Farmhse kitchn w/ LVP floorng, tile bksplsh, gran & freshly painted cabnts w/ new hardwre. All applncs < 1 yr old & STAY!! Openfloor plan w/ M.O.M! Main lvl 1/2 BA toilet & porcelain like new! Basmnt is partially fin. as in-law suite! Garge drs 6 months old. Washr&Dryr incldd!!!! Listing agent is sister-in-law to seller | Contract fell through to no fault of the seller | Will be notified when cut off for offers will be.

Last Agent to Sell the Property

Tracy Hoopingarner

Coldwell Banker Realty License #394759 Listed on: 02/19/2021

Coldwell Banker Realty

Last Buyer's Agent

Andrew Groslimond

Keller Williams Realty Peachtree Rd. License #365346

Keller Williams Realty Peachtree Rd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,241

Year Built

  • Built in 1995

Lot Details

  • 0.59 Acre Lot
  • Property fronts a private road
  • Wooded Lot
  • Private Yard
  • Back Yard

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • A-Frame Home
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,672 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Fireplace With Gas Starter
  • Insulated Windows
  • Living Room with Fireplace
  • Open-Concept Dining Room
  • Screened Porch

Kitchen

  • Open to Family Room
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Vaulted Bathroom Ceilings
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom
  • Natural lighting in basement

Parking

  • Attached Garage
  • Side Facing Garage

Outdoor Features

  • Patio

Schools

  • Silver City Elementary School
  • North Forsyth Middle School
  • North Forsyth High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 164 118

Community Details

Overview

  • Bannister Park HOA
  • Bannister Park Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,241

Year Built

Built in 1995

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Property Condition: Resale
  • Year Built: 1995
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Fireplace Features: Gas Starter, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Electric Water Heater, ENERGY STAR Qualified Appliances, Refrigerator, Gas Range, Gas Cooktop, Microwave, Self Cleaning Oven, Washer
  • Interior Amenities: Cathedral Ceiling(s), High Speed Internet, Walk-In Closet(s)
  • Basement: Daylight, Finished Bath, Finished, Partial
  • Kitchen Features: Cabinets White, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Open Concept
  • Square Footage: 1672.00
  • Spa Features: None
  • Window Features: Insulated Windows
  • Below Grade Finished Sq Ft: 288.00

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: In-Law Suite/Apartment, Master on Main
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Soaking Tub, Separate Tub/Shower, Vaulted Ceilings

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Shingle
  • Patio And Porch Features: Enclosed, Front Porch, Patio, Rear Porch, Screened
  • Exterior Features: Private Yard
  • Foundation: Concrete Perimeter

Garage/Parking

  • Parking Features: Attached, Garage Faces Side, Underground

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Upper Floor
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Pool, Tennis Court(s)
  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Association: Yes
  • Management Company Email: bannisterparkhoa@gmail.com
  • Subdivision Complex: Bannister Park

Association/Amenities

  • Management Company: Bannister Park HOA

Schools

  • Elementary School: Silver City
  • Middle School: North Forsyth
  • High School: North Forsyth

Lot Info

  • Acres: 0.5900
  • Lot: 20
  • Land/Lot: 102
  • Section G M D: 1
  • Deed Book: 01181
  • Deed Page: 0590
  • Plat Book: 41
  • Plat Page: 74-76
  • Lot Features: Back Yard, Private, Wooded
  • Parcel Number: 164 118
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2241.00
  • Assessor Parcel Number: 164-000-118
  • Close Date: 2021-04-09
  • Tax Year: 2020

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Silver City
  • High School: North Forsyth
  • Middle School: North Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
Apr 9, 2021
Sold by
Gutierrez Michael S
Bought by
Blount Linden
Seller's Agent
Tracy Hoopingarner
Coldwell Banker Realty
Buyer's Agent
Andrew Groslimond
Keller Williams Realty Peachtree Rd.
List Price
$285,000
Sold Price
$310,000
Premium/Discount to List
$25,000
8.77%
Current Estimated Value
$426,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,833
Avg. Annual Appreciation
7.28%
Original Mortgage
$283,882
Outstanding Balance
$256,516
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$170,317

Purchase Details

Closed on
Feb 25, 2020
Sold by
Gutierrez Jacqueline S
Bought by
Gutierrez Michael S

Purchase Details

Closed on
Oct 3, 1997
Sold by
Mendoza Ignacio and Mendoza Nicole M
Bought by
Gutierrez Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,950
Interest Rate
7.55%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 1995
Sold by
Keith Built Homes
Bought by
Mendoza Mary C Nick
Source: Public Records

Range of Values:

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Sold Price
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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
Blount Linden $310,000 --
Gutierrez Michael S -- --
Gutierrez Mike $111,900 --
Mendoza Mary C Nick $106,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blount Linden $283,882
Previous Owner Gutierrez Mike $102,950
Closed Mendoza Mary C Nick $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2021 04/09/21 Sold $310,000 0.0% $185 / Sq Ft
03/22/2021 03/22/21 Off Market $310,000 -- --
03/16/2021 03/16/21 For Sale $285,000 0.0% $170 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $285,000 -- $170 / 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 $3,691 $155,640 $36,000 $119,640
2024 $3,691 $150,532 $34,000 $116,532
2023 $3,721 $151,176 $26,000 $125,176
2022 $3,197 $87,432 $16,000 $71,432
2021 $2,414 $87,432 $16,000 $71,432
2020 $2,224 $80,540 $16,000 $64,540
2019 $2,128 $76,968 $16,000 $60,968
2018 $1,984 $71,756 $16,000 $55,756
2017 $1,839 $66,248 $16,000 $50,248
2016 $1,663 $59,928 $12,000 $47,928
2015 $1,666 $59,928 $12,000 $47,928
2014 $1,424 $53,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6842845

First Multiple Listing Service (FMLS)

APN: 164-118