NOT LISTED FOR SALE

7050 Summit Ridge Chase Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $676,856 - $728,000

4 Beds
4 Baths
3,994 Sq Ft
$178/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $532,900 $133 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,369/month

Highlights

  • On Golf Course
  • Open-Concept Dining Room
  • Spa
  • Chestatee Elementary School Rated A-
  • Home Theater
  • Separate his and hers bathrooms

About This Home

As of April 2021

HOME IN SOUGHT AFTER HAMPTON GOLF VILLAGE, WITH 3 CAR GARAGE, LOCATED OF THE 5TH FAIRWAY, EXCEPTIONAL VIEWS!!!, INCLUDES EXPANSIVE EXTERIOR DECK/SCREENED PORCH VERY OPEN LIGHT AND BRIGHT MAIN LEVEL FEATURES GORGEOUS KITCHEN WITH GRANITE COUNTERTOPS!, SEPARATE DINING AND LIVING ROOM! LUXURIOUS MASTER SUITE , DOUBLE VANITIES, SHOWER, SEPARATE SOAKING TUB AND HUGE CLOSET! FINISHED BASEMENT WITH FULL BATH INCLUDING THEATER ROOM! LOW HOA FEES FOR 1 POOL, 6 TENNIS COURTS, LAKE, FISHING, CLUB HOUSE, AND WALKING TRAILS!

Last Agent to Sell the Property

Jeff Cooper

NOT A VALID MEMBER License #396098 Listed on: 11/16/2020

NOT A VALID MEMBER

Last Buyer's Agent

Noelle Larson

Engel & Völkers Atlanta License #360326

Engel & Völkers Atlanta

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,155

Year Built

  • Built in 2007

Lot Details

  • 0.27 Acre Lot
  • Property fronts a private road
  • On Golf Course
  • Wood Fence
  • Irrigation Equipment
  • Back Yard Fenced

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener
  • Secured Garage or Parking

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 3,994 Sq Ft Home
  • 3-Story Property
  • Home Theater Equipment
  • Bookcases
  • Ceiling height of 9 feet on the lower level
  • Ceiling Fan
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Open-Concept Dining Room
  • L-Shaped Dining Room
  • Breakfast Room
  • Home Theater
  • Loft
  • Game Room
  • Screened Porch
  • Home Gym
  • Golf Course Views
  • Finished Basement
  • Finished Basement Bathroom
  • Pull Down Stairs to Attic
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Deck

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • 220 Volts in Garage
  • 110 Volts
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 304
  • Assessor Parcel Number 252 236

Community Details

Overview

  • Hampton Golf Village Subdivision
  • Community Lake

Amenities

  • Restaurant
  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,155

Year Built

Built in 2007

Lot Details

0

HOA Fees

$65 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Condition: Resale
  • Assessment Fee Contemplated: Yes
  • Year Built: 2007
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Laminate
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Other Equipment: Home Theater, Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave
  • Interior Amenities: Bookcases, Disappearing Attic Stairs, Double Vanity, Entrance Foyer 2 Story, High Ceilings 9 ft Lower
  • Basement: Finished, Finished Bath
  • Kitchen Features: Breakfast Room, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Solid Surface Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Exercise Room, Family Room, Game Room, Great Room - 1 Story, Loft, Media Room
  • Dining Room Features: Dining L, Open Concept
  • Square Footage: 3994.00
  • Spa Features: Private
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Oversized Master
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • Lake Name: Lanier
  • Fencing: Back Yard, Wood
  • Patio And Porch Features: Deck, Screened
  • View: Golf Course

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Number Of Parking Spaces: 3
  • Parking Features: Garage, Garage Door Opener, Kitchen Level

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Secured Garage/Parking, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Heat Pump
  • Heating: Heat Pump, Natural Gas
  • Laundry Features: Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts, 220 Volts, 220 Volts in Garage

Condo/Co-op/Association

  • Community Features: Clubhouse, Golf Course, Homeowners Assoc, Lake, Near Schools, Near Shopping, Park, Playground, Pool, Restaurant, Street Lights, Tennis Court(s)
  • Association Fee: 780
  • Association Fee Frequency: Annually
  • Master Association Fee: 780
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Hampton Golf Village

Schools

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

Lot Info

  • Acres: 0.2700
  • Lot: 304
  • Land/Lot: 304
  • Section G M D: 001
  • Deed Book: 4776
  • Deed Page: 441
  • Plat Book: 4886
  • Plat Page: 75
  • Lot Features: Back Yard, On Golf Course
  • Parcel Number: 252 236
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 4155.00
  • Assessor Parcel Number: 252-000-236
  • Close Date: 2021-04-09
  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Apr 9, 2021
Sold by
Torres Jesse
Bought by
Adams Mark D and Adams Kerri D
Seller's Agent
Jeff Cooper
NOT A VALID MEMBER
Buyer's Agent
Noelle Larson
Engel & Völkers Atlanta
List Price
$535,000
Sold Price
$532,900
Premium/Discount to List
-$2,100
-0.39%
Current Estimated Value
$710,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,564
Avg. Annual Appreciation
6.57%
Original Mortgage
$506,255
Outstanding Balance
$456,349
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$254,115
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
Adams Mark D $532,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Mark D $506,255
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2021 04/09/21 Sold $532,900 0.0% $133 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/09/2021 02/09/21 Price Changed $532,900 -0.4% $133 / Sq Ft
12/08/2020 12/08/20 For Sale $535,000 +0.4% $134 / Sq Ft
12/08/2020 12/08/20 Off Market $532,900 -- --
11/16/2020 11/16/20 For Sale $535,000 -- $134 / 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 $6,573 $278,172 $55,200 $222,972
2024 $6,573 $268,036 $51,200 $216,836
2023 $6,174 $250,848 $47,200 $203,648
2022 $5,498 $162,468 $20,000 $142,468
2021 $4,396 $162,468 $20,000 $142,468
2020 $4,221 $156,132 $20,000 $136,132
2019 $4,155 $153,516 $20,000 $133,516
2018 $3,982 $147,176 $24,000 $123,176
2017 $3,913 $144,156 $24,000 $120,156
2016 $4,461 $163,876 $24,000 $139,876
2015 $3,769 $138,724 $24,000 $114,724
2014 $3,518 $136,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6809269

First Multiple Listing Service (FMLS)

APN: 252-236