NOT LISTED FOR SALE

7025 Ridge Way Gainesville, GA 30506

Lake Lanier Neighborhood

Estimated Value: $365,661 - $391,000

3 Beds
2 Baths
1,389 Sq Ft
$272/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $153,000 $110 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $2,284/month

63 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Great Room
  • Chestatee Elementary School Rated A-
  • Bonus Room
  • Home Office

About This Home

As of February 2015

100% financing avail. NO MONEY DOWN.Move in condition, open floor plan, all white kitchen new bottom freezer fridge stays. Oversized garage and unfinished basement.Not a fix up!!!!!Convenient to Dawson and Cumming.

Last Agent to Sell the Property

Sammy Thieme

RE/MAX Around Atlanta Realty License #174323 Listed on: 09/28/2014

RE/MAX Around Atlanta Realty

Last Buyer's Agent

Barry Slaton

Keller Williams Realty Community Partners License #291658

Keller Williams Realty Community Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,238

Year Built

  • Built in 2002

Lot Details

  • Cul-De-Sac
  • Sloped Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,389 Sq Ft Home
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Home Office
  • Bonus Room
  • Attic Fan
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Basement

  • Partial Basement
  • Interior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Chestatee Elementary School
  • North Forsyth Middle School
  • North Forsyth High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Hoa Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 7025RidgeWAY

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,238

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Traditional
  • Property Condition: Resale
  • Year Built: 2002
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Speed Internet, Walk-In Closet(s)
  • Basement: Daylight, Interior Entry, Partial
  • Kitchen Features: Eat-in Kitchen, Laminate Counters, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Family Room, Great Room - 1 Story, Office
  • Square Footage: 1389.00

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: Main Level
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: NO HOA

Schools

  • Elementary School: Chestatee
  • Middle School: North Forsyth
  • High School: North Forsyth

Lot Info

  • Lot: 8
  • Land/Lot: 829,895
  • Section G M D: 1st
  • Plat Book: 71
  • Plat Page: 207
  • Lot Features: Cul-De-Sac, Sloped
  • Lot Dimensions: .65 ac
  • Parcel Number: 7025RidgeWAY
  • Property Attached Yn: No

Tax Info

  • Taxes: 1238.00
  • Assessor Parcel Number: 277-000-102
  • Close Date: 2015-02-27
  • Tax Year: 2013

MLS Schools

  • Elementary School: Chestatee
  • High School: North Forsyth
  • Middle School: North Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2014
Closed on
Feb 27, 2015
Sold by
Whalen Jesse L
Bought by
Garmon Michael K and Garmon Shirley L
Seller's Agent
Sammy Thieme
RE/MAX Around Atlanta Realty
Buyer's Agent
Barry Slaton
Keller Williams Realty Community Partners
List Price
$159,900
Sold Price
$153,000
Premium/Discount to List
-$6,900
-4.32%
Total Days on Market
63
Current Estimated Value
$377,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,415
Avg. Annual Appreciation
9.21%
Original Mortgage
$156,122
Interest Rate
3.77%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 2003
Sold by
Wolverine Construction Inc
Bought by
Whalen Jesse L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
5.24%
Mortgage Type
New Conventional
Source: Public Records

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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
Garmon Michael K $153,000 --
Whalen Jesse L $138,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garmon Michael K $233,007
Closed Garmon Michael K $156,122
Previous Owner Whalen Jesse L $160,000
Previous Owner Whalen Jesse L $138,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $153,000 -4.3% $110 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
09/28/2014 09/28/14 For Sale $159,900 -- $115 / 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
2024 $3,366 $137,248 $40,000 $97,248
2023 $3,284 $133,436 $34,000 $99,436
2022 $2,812 $82,628 $18,000 $64,628
2021 $2,282 $82,628 $18,000 $64,628
2020 $2,188 $79,224 $18,000 $61,224
2019 $2,013 $72,780 $12,000 $60,780
2018 $1,757 $63,532 $12,000 $51,532
2017 $1,629 $58,704 $12,000 $46,704
2016 $1,629 $58,704 $12,000 $46,704
2015 $1,411 $53,916 $8,000 $45,916
2014 $1,236 $49,980 $8,000 $41,980
Source: Public Records

Agents Affiliated with this Home

  • Sammy Thieme

    Seller's Agent in 2015

    Sammy Thieme

    RE/MAX

    (678) 936-1607

    6 in this area

    39 Total Sales

    Sammy Thieme
    Section Image
  • Barry Slaton

    Buyer's Agent in 2015

    Barry Slaton

    Keller Williams Realty Community Partners

    (678) 859-4040

    5 in this area

    92 Total Sales

    Barry Slaton
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5349659

First Multiple Listing Service (FMLS)

APN: 277-102

Georgia Forsyth County Gainesville 30506 Lake Lanier

7025 Ridge Way, Gainesville, GA

This home is located at 7025 Ridge Way, Gainesville, GA 30506 since 28 September 2014 and is currently estimated at $377,415, approximately $271 per square foot. This property was built in 2002. 7025 Ridge Way is a home located in Forsyth County with nearby schools including Chestatee Elementary School, North Forsyth Middle School, and War Hill Christian Academy.

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