NOT LISTED FOR SALE

7030 Cherokee Trace Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $484,000 - $626,000

3 Beds
2 Baths
2,117 Sq Ft
$263/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $235,000 $111 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $3,267/month

Highlights

  • Lake Front
  • Deck
  • Ranch Style House
  • Chattahoochee Elementary School Rated A
  • Private Lot
  • Wood Flooring

About This Home

As of May 2014

Great community on Lake Lanier!! Large open kitchen with lots of custom cabinets with granite tops, with island and tiled floors. Newer carpet, refinished hardwood floors. Double vanity in master bath with granite tops, seperate shower and tub. Bonus room can be used for formal dining, office or sitting room. Big laundry room, sunroom and deck overlooking private fenced yard with lake access. Huge 3 car garage/basement area with plenty of storage space. No dock permit. Seller to provide a home warranty and termite letter.

Last Agent to Sell the Property

MARK STANCIL

NOT A VALID MEMBER License #277340 Listed on: 11/22/2013

Last Buyer's Agent

MARGOT WILLIAMS

NOT A VALID MEMBER License #183711

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,129

Year Built

  • Built in 1994

Lot Details

  • Lake Front
  • Fenced
  • Private Lot
  • Sloped Lot

Parking

  • 3 Car Garage

Home Design

  • Ranch Style House
  • Ridge Vents on the Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,117 Sq Ft Home
  • Rear Stairs
  • Factory Built Fireplace
  • Family Room with Fireplace
  • Great Room
  • Home Office
  • Screened Porch
  • Wood Flooring
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Garage Access

Outdoor Features

  • Deck

Schools

  • Chattahoochee - Forsyth Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Sundown Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 7030CherokeeTRCE

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,129

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1994
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Microwave
  • Interior Amenities: Disappearing Attic Stairs, High Speed Internet, Walk-In Closet(s)
  • Basement: Driveway Access, Exterior Entry, Full, Interior Entry, Unfinished
  • Kitchen Features: Cabinets Stain, Stone Counters, Eat-in Kitchen, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Office
  • Square Footage: 2117.00

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition, Ridge Vents
  • Lake Name: Lanier
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Front Porch, Screened
  • Exterior Features: Rear Stairs
  • View: Lake

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Garage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Sundown

Schools

  • Elementary School: Chattahoochee - Forsyth
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Lot: 25
  • Land/Lot: 286
  • Section G M D: 1
  • Plat Book: 9
  • Plat Page: 21
  • Lot Features: Private, Sloped
  • Lot Dimensions: .36
  • Parcel Number: 7030CherokeeTRCE
  • Property Attached Yn: No

Tax Info

  • Taxes: 1129.00
  • Assessor Parcel Number: 244-000-071
  • Close Date: 2014-05-30
  • Tax Year: 2012

Multi Family

  • Waterfront Features: Lake

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Chattahoochee - Forsyth
  • High School: Forsyth Central
  • Middle School: Otwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2013
Closed on
May 30, 2014
Sold by
Guckian Karen R Kelly Estate
Bought by
Watson Cory C
Seller's Agent
MARK STANCIL
NOT A VALID MEMBER
Buyer's Agent
MARGOT WILLIAMS
NOT A VALID MEMBER
List Price
$269,000
Sold Price
$235,000
Premium/Discount to List
-$34,000
-12.64%
Current Estimated Value
$557,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,128
Avg. Annual Appreciation
7.90%
Original Mortgage
$159,800
Outstanding Balance
$122,275
Interest Rate
4.36%
Estimated Equity
$434,853

Purchase Details

Listed on
Nov 2, 2011
Closed on
Jun 14, 2012
Sold by
Jones Jerome E
Bought by
Guckian Karen R Kelly
Seller's Agent
LAURA JONES
NOT A VALID MEMBER
Buyer's Agent
MARK STANCIL
NOT A VALID MEMBER
List Price
$275,000
Sold Price
$215,000
Premium/Discount to List
-$60,000
-21.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Original Mortgage
$172,000
Interest Rate
3.83%

Purchase Details

Closed on
Aug 2, 2011
Sold by
Atkinson Anita S
Bought by
Jones Jerome E

Purchase Details

Closed on
Sep 11, 2003
Sold by
Walden Leslie P
Bought by
Atkinson Anita S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2002
Sold by
Bratton Scott H and Bratton Sandra D
Bought by
Walden Leslie P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,100
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 1997
Sold by
Scafidi Frank and Scafidi Janet A
Bought by
Bratton Scott H and Bratton Sandra D
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Watson Cory C $235,000 --
Guckian Karen R Kelly $215,000 --
Jones Jerome E $106,301 --
Atkinson Anita S $228,500 --
Walden Leslie P $208,900 --
Bratton Scott H $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Cory C $159,800
Previous Owner Guckian Karen R Kelly $172,000
Previous Owner Atkinson Anita S $217,000
Previous Owner Walden Leslie P $167,100
Closed Bratton Scott H --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2014 05/30/14 Sold $235,000 -12.6% $111 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
11/22/2013 11/22/13 For Sale $269,000 +25.1% $127 / Sq Ft
06/14/2012 06/14/12 Sold $215,000 -21.8% $102 / Sq Ft View Prior Sale
05/11/2012 05/11/12 Pending -- -- --
11/02/2011 11/02/11 For Sale $275,000 -- $130 / 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 $3,754 $188,916 $40,000 $148,916
2024 $3,754 $188,916 $40,000 $148,916
2023 $2,738 $188,916 $40,000 $148,916
2022 $3,092 $111,204 $22,000 $89,204
2021 $2,768 $111,204 $22,000 $89,204
2020 $2,768 $111,204 $22,000 $89,204
2019 $2,628 $111,204 $22,000 $89,204
2018 $2,683 $106,312 $22,000 $84,312
2017 $2,458 $95,148 $18,000 $77,148
2016 $2,415 $93,148 $16,000 $77,148
2015 $2,335 $89,148 $12,000 $77,148
2014 $2,136 $80,700 $10,000 $70,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    MARK STANCIL

    NOT A VALID MEMBER

  • M

    Buyer's Agent in 2014

    MARGOT WILLIAMS

    NOT A VALID MEMBER

  • L

    Seller's Agent in 2012

    LAURA JONES

    NOT A VALID MEMBER

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5223332

First Multiple Listing Service (FMLS)

APN: 244-071

Georgia Forsyth County Cumming 30041 Lake Lanier

7030 Cherokee Trace, Cumming, GA

This home is located at 7030 Cherokee Trace, Cumming, GA 30041 since 22 November 2013 and is currently estimated at $557,128, approximately $263 per square foot. This property was built in 1994. 7030 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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