NOT LISTED FOR SALE

7040 Summit Ridge Chase Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $597,188 - $719,000

4 Beds
3 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold April 20, 2015

Last sale price $340,900

Est. 95% increase in value since last sale

Current estimated payment $4,061/month

Highlights

  • On Golf Course
  • Country Club
  • Clubhouse
  • Chestatee Elementary School Rated A-
  • Newly Remodeled
  • Deck

About This Home

As of April 2015

Ready for Move-in. Brand new, custom home on the #5 Fairway! Enjoy wooded, golf and mountain views. Dramatic 2-story foyer with formal living and dining room?this home is simply gorgeous. Deluxe trim and hardwoods throughout most of the main level with great room open to gourmet kitchen?double oven, SS appliances and a full bath and bedroom on the main level. Upstairs: Master retreat with grand spa bath and huge walk-in closet, large secondary bedrooms share Jack and Jill bath, central laundry room. Full, daylight basement. Homes by Brumby/Builder of the Year 2007!

Last Agent to Sell the Property

AMANDA STAINES

Century 21 Results License #346886 Listed on: 03/18/2015

Century 21 Results

Last Buyer's Agent

Barbara Dumont

Keller Williams Realty Community Partners License #306201

Keller Williams Realty Community Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,849

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • Lot Dimensions are 72x136x72x136
  • On Golf Course
  • Landscaped
  • Private Lot
  • Wooded Lot

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Shingle Siding
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 3-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Formal Dining Room
  • Golf Course Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Unfinished Basement

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

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Deck

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 305
  • Assessor Parcel Number 252 237

Community Details

Overview

  • $660 Initiation Fee
  • First Svc Res Association, Phone Number (678) 555-7591
  • Hampton Subdivision

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Golf Course Community
  • Country Club
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,849

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

HOA Fees

$55 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: New Construction
  • Year Built: 2014
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Three Or More
  • Special Features: NewHome

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Speed Internet, Low-Flow Fixtures, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Full, Interior Entry, Unfinished
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Pantry, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Living Room
  • Dining Room Features: Separate Dining Room
  • Window Features: Insulated Windows

Beds/Baths

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

Exterior Features

  • Construction Materials: Cement Siding, Shingle Siding, Stone
  • Roof Type: Composition
  • Patio And Porch Features: Deck
  • View: Golf Course

Garage/Parking

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

Utilities

  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Country Club, Golf Course, Homeowners Assoc, Park, Playground, Pool, Restaurant, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 660
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 678-555-7591
  • Home Warranty: Yes
  • Management Company Email: MATT.HALLILARD@FSRESIDENTIAL.COM
  • Subdivision Complex: Hampton

Association/Amenities

  • Management Company: First Svc Res

Schools

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

Lot Info

  • Lot: 305
  • Land/Lot: 518
  • Section G M D: 1
  • Lot Features: Landscaped, On Golf Course, Private, Wooded
  • Lot Dimensions: 72x136x72x136
  • Parcel Number: 252 237
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat, Windows

Rental Info

  • Initiation Fee: 660

Tax Info

  • Assessor Parcel Number: 252-000-237
  • Close Date: 2015-04-20
  • Tax Year: 2014

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

Closed on
Jun 18, 2024
Sold by
Walker Russell Lee
Bought by
Russell Lee Walker Living Trust
Current Estimated Value
$665,797

Purchase Details

Closed on
Oct 31, 2023
Sold by
Petras Marguerite Elizabeth
Bought by
Walker Russell Lee

Purchase Details

Listed on
Mar 18, 2015
Closed on
Apr 20, 2015
Sold by
Brumby Management Svcs Inc
Bought by
Petras Marguerite E
Seller's Agent
AMANDA STAINES
Century 21 Results
Buyer's Agent
Barbara Dumont
Keller Williams Realty Community Partners
List Price
$344,900
Sold Price
$340,900
Premium/Discount to List
-$4,000
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$240,900
Interest Rate
3.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2013
Closed on
Jun 12, 2013
Sold by
Moody Mark Alan
Bought by
Brumby Management Svcs Inc
Seller's Agent
AMANDA STAINES
Century 21 Results
Buyer's Agent
AMANDA STAINES
Century 21 Results
List Price
$40,000
Sold Price
$37,500
Premium/Discount to List
-$2,500
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
229.73%
Original Mortgage
$170,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2012
Closed on
Mar 28, 2013
Sold by
Branch Banking And Trust C
Bought by
Moody Mark A
Seller's Agent
Faye Brock
NOT A VALID MEMBER
Buyer's Agent
C. L. Smith
Keller Williams Realty Atlanta Partners
List Price
$40,000
Sold Price
$30,000
Premium/Discount to List
-$10,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
189.39%

Purchase Details

Closed on
Dec 6, 2011
Sold by
Touchstone Homes Ga Inc
Bought by
Branch Banking And Trust Co
Source: Public Records

Range of Values:

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Average Value
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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
Russell Lee Walker Living Trust -- None Listed On Document
Walker Russell Lee -- None Listed On Document
Petras Marguerite E $340,900 --
Brumby Management Svcs Inc $37,500 --
Moody Mark A $30,000 --
Branch Banking And Trust Co $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petras Marguerite E $240,900
Previous Owner Brumby Management Svcs Inc $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2015 04/20/15 Sold $340,900 -1.2% --
03/21/2015 03/21/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $344,900 +819.7% --
06/12/2013 06/12/13 Sold $37,500 -6.3% -- View Prior Sale
05/03/2013 05/03/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $40,000 +33.3% --
03/28/2013 03/28/13 Sold $30,000 -25.0% -- View Prior Sale
03/04/2013 03/04/13 Pending -- -- --
04/29/2012 04/29/12 For Sale $40,000 -- --
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 $5,849 $247,900 $55,200 $192,700
2024 $5,849 $238,536 $51,200 $187,336
2023 $844 $224,128 $47,200 $176,928
2022 $931 $146,084 $20,000 $126,084
2021 $896 $146,084 $20,000 $126,084
2020 $890 $139,220 $20,000 $119,220
2019 $893 $136,832 $20,000 $116,832
2018 $896 $131,248 $24,000 $107,248
2017 $903 $127,428 $24,000 $103,428
2016 $889 $117,188 $24,000 $93,188
2015 $3,036 $109,188 $16,000 $93,188
2014 -- $12,000 $12,000 $0
Source: Public Records

Agents Affiliated with this Home

  • AMANDA STAINES

    Seller's Agent in 2015

    AMANDA STAINES

    Century 21 Results

    (404) 432-5132

    6 in this area

    36 Total Sales

    AMANDA STAINES
    Section Image
  • Barbara Dumont

    Buyer's Agent in 2015

    Barbara Dumont

    Keller Williams Realty Community Partners

    (404) 642-1968

    1 in this area

    41 Total Sales

    Barbara Dumont
    Section Image

  • F

    Seller's Agent in 2013

    Faye Brock

    NOT A VALID MEMBER

    Section Image
  • C. L. Smith

    Buyer's Agent in 2013

    C. L. Smith

    Keller Williams Realty Atlanta Partners

    (770) 722-1281

    2 in this area

    2 Total Sales

    C. L. Smith
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5510535

First Multiple Listing Service (FMLS)

APN: 252-237

Georgia Forsyth County Cumming 30041 Lake Lanier

7040 Summit Ridge Chase, Cumming, GA

This home is located at 7040 Summit Ridge Chase, Cumming, GA 30041 since 18 March 2015 and is currently estimated at $665,797. This property was built in 2014. 7040 Summit Ridge Chase is a home located in Forsyth County with nearby schools including Chestatee Elementary School and North Forsyth Middle School.

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