NOT LISTED FOR SALE

7035 Shadow Ln Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $2,077,000 - $2,996,761

6 Beds
7 Baths
8,912 Sq Ft
$271/Sq Ft Est. Value

Last Sold July 26, 2017

Last sale price $1,140,000 $128 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $13,128/month

Highlights

  • Guest House
  • Second Kitchen
  • Separate his and hers bathrooms
  • Chattahoochee Elementary School Rated A
  • Home fronts a creek
  • 4.27 Acre Lot

About This Home

As of July 2017

Magnificent custom ranch home with spacious crafted living spaces on 4.27 acres. Quality and upscale detail throughout this awesome home. Owner spared no expense. Gourmet kitchen on main level w/Wolf Appliances and Sub-Zero refrigerator. Laundry rooms on main level and basement. Master bath with heated floors and separate shoe closet. Custom detached garage capable of housing 9 vehicles for that classic enthusiast. Apartment over garage nearly 80% complete w/bedroom, bath, kitchen, living room and laundry. Fenced yard with security gate. Community well and private well

Last Agent to Sell the Property

JOHN Updegraff

Century 21 Results License #176436 Listed on: 03/06/2017

Century 21 Results

Co-Listed By

Douglas Hosmer

REMAX Five Star License #305120

Last Buyer's Agent

Tom Peters

Coldwell Banker Realty License #270702

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,408

Year Built

  • Built in 2012

Lot Details

  • 4.27 Acre Lot
  • Home fronts a creek
  • Fenced
  • Landscaped
  • Private Lot
  • Wooded Lot

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 8,912 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Living Room
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Game Room
  • Workshop
  • Keeping Room with Fireplace
  • Home Gym
  • Wood Flooring
  • Laundry on lower level

Kitchen

  • Second Kitchen
  • Open to Family Room
  • Double Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms
  • Dual Closets
  • Walk-In Closet
  • Separate his and hers bathrooms
  • In-Law or Guest Suite
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Outbuilding
  • Outdoor Gas Grill

Schools

  • Chattahoochee - Forsyth Elementary School
  • Little Mill Middle School
  • North Forsyth High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Well
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Satellite Dish

Additional Features

  • Accessible Entrance
  • Guest House

Community Details

  • Oak Shadows Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 273 052

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,408

Year Built

Built in 2012

Lot Details

0

Parking

4

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: 2012
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Basement, Factory Built, Family Room, Gas Starter, Keeping Room
  • Number Of Fireplaces: 3
  • Other Equipment: Satellite Dish
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Interior Amenities: Cathedral Ceiling(s), Entrance Foyer, High Ceilings 9 ft Upper, High Ceilings 10 ft Lower, High Ceilings 10 ft Main, High Speed Internet, His and Hers Closets, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Room, Cabinets Stain, Keeping Room, Kitchen Island, Pantry, Second Kitchen, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Exercise Room, Family Room, Game Room, Great Room - 1 Story, Living Room, Office, Workshop
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 8912.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 6
  • Bedroom Features: In-Law Suite/Apartment, Master on Main
  • Lower Bedrooms: 2
  • Main Bedrooms: 3
  • Total Full Baths: 5
  • Total Half Baths: 2
  • Lower Full Bathrooms: 2
  • Main Full Bathrooms: 2
  • Lower Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Separate Tub/Shower, Vaulted Ceilings

Exterior Features

  • Other Structures: Guest House, Outbuilding
  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Covered, Deck, Enclosed, Front Porch, Patio
  • Exterior Features: Gas Grill

Garage/Parking

  • Carport or Garage: 4
  • Number of Garage Spaces: 4
  • Parking Features: Attached, Detached, Garage, Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Security: Fire Alarm, Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump, Zoned
  • Heating: Electric, Forced Air, Natural Gas, Zoned
  • Laundry Features: Lower Level, Main Level

Condo/Co-op/Association

  • Subdivision Complex: Oak Shadows

Schools

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

Lot Info

  • Acres: 4.2700
  • Lot: 12
  • Land/Lot: 637, 638
  • Section G M D: 1
  • Deed Book: 5966
  • Deed Page: 666
  • Plat Book: 19
  • Plat Page: 81
  • Lot Features: Landscaped, Private, Wooded
  • Lot Dimensions: 4.27
  • Parcel Number: 273 052
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Insulation, Thermostat, Windows

Tax Info

  • Taxes: 12408.00
  • Assessor Parcel Number: 273-000-052
  • Close Date: 2017-07-26
  • Tax Year: 2016

Multi Family

  • Waterfront Features: Creek

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
Jul 26, 2017
Sold by
Flores Elva
Bought by
Young Brian D and Young Maureen E
Seller's Agent
JOHN Updegraff
Century 21 Results
Buyer's Agent
Tom Peters
Coldwell Banker Realty
List Price
$1,395,000
Sold Price
$1,140,000
Premium/Discount to List
-$255,000
-18.28%
Current Estimated Value
$2,417,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,277,254
Avg. Annual Appreciation
9.57%
Original Mortgage
$912,000
Outstanding Balance
$759,345
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$1,657,909

Purchase Details

Closed on
May 5, 2011
Sold by
Formaro Lisa M
Bought by
Flores Elva

Purchase Details

Closed on
Nov 5, 2002
Sold by
Formaro Charles R
Bought by
Formaro Lisa M

Purchase Details

Closed on
Mar 10, 2000
Sold by
Kotteman Terri
Bought by
Housley Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.37%
Mortgage Type
New Conventional
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
Young Brian D $1,140,000 --
Flores Elva $76,800 --
Formaro Lisa M -- --
Housley Christine $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Brian D $912,000
Previous Owner Housley Christine $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2017 07/26/17 Sold $1,140,000 -18.3% $128 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $1,395,000 -- $157 / 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 $3,749 $812,284 $155,052 $657,232
2024 $3,749 $800,536 $166,956 $633,580
2023 $3,686 $742,484 $145,180 $597,304
2022 $3,645 $505,892 $87,108 $418,784
2021 $3,591 $505,892 $87,108 $418,784
2020 $3,571 $484,360 $81,984 $402,376
2019 $3,568 $460,976 $61,488 $399,488
2018 $12,610 $456,000 $74,120 $381,880
2017 $13,119 $472,680 $76,860 $395,820
2016 $12,408 $447,060 $51,240 $395,820
2015 $12,430 $447,060 $51,240 $395,820
2014 $10,829 $409,060 $51,240 $357,820
Source: Public Records

Agents Affiliated with this Home

  • JOHN Updegraff

    Seller's Agent in 2017

    JOHN Updegraff

    Century 21 Results

    (678) 231-1302

    2 in this area

    20 Total Sales

    JOHN Updegraff
    Section Image
  • Douglas Hosmer

    Seller Co-Listing Agent in 2017

    Douglas Hosmer

    Harry Norman Realties

    (770) 335-7675

    74 Total Sales

    Douglas Hosmer
    Section Image
  • Tom Peters

    Buyer's Agent in 2017

    Tom Peters

    Coldwell Banker Realty

    (678) 663-6522

    16 in this area

    56 Total Sales

    Tom Peters
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5814795

First Multiple Listing Service (FMLS)

APN: 273-052

Georgia Forsyth County Cumming 30041 Lake Lanier

7035 Shadow Ln, Cumming, GA

This home is located at 7035 Shadow Ln, Cumming, GA 30041 since 06 March 2017 and is currently estimated at $2,417,254, approximately $271 per square foot. This property was built in 2012. 7035 Shadow Ln is a home located in Forsyth County with nearby schools including Chattahoochee Elementary School, Little Mill Middle School, and Cornerstone Schools.

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