NOT LISTED FOR SALE

7180 Valance Ln Cumming, GA 30040

Estimated Value: $586,000 - $690,000

6 Beds
3.5 Baths
2,876 Sq Ft
$224/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $347,000 $121 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,041/month

93 Days on Market

Highlights

  • Second Kitchen
  • Clubhouse
  • Oversized primary bedroom
  • Vickery Creek Middle School Rated A
  • Deck
  • Traditional Architecture

About This Home

As of July 2019

Large 6 Bedroom 3.5 bath home in a great school district and located in a Cul-De-Sac. Minutes from parks, restaurants & one mile to popular Vickery Village. Two new HVAC Units, New wood floors, New windows, New dishwasher, New toilets upstairs and main floor, New carpet thought the home, New Granite countertops in the kitchen & basement bathroom. New subway tile backsplash in the kitchen. Fairly new roof. Freshly painted on all 3 floors. Terrace level can easily be use as a Mother In Law suite. Large master suite with sitting area and 2 closets.

Last Agent to Sell the Property

Jorge Morejon

The Gates Real Estate Group, Inc. License #305342 Listed on: 04/07/2019

Co-Listed By

Pamela Coleman

The Gates Real Estate Group, Inc. License #360270

Last Buyer's Agent

Megan Tobon

NOT A VALID MEMBER License #367079

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,086

Year Built

  • Built in 1997

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 131x103x239x191x32x36x36
  • Property fronts a state road
  • Cul-De-Sac
  • Garden

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 2,876 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the lower level
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room

Kitchen

  • Second Kitchen
  • Open to Family Room
  • Gas Range
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Eco-Friendly Details

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

Outdoor Features

  • Deck

Schools

  • Vickery Creek Elementary And Middle School
  • West Forsyth High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 110 Volts
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 163
  • Assessor Parcel Number 037 236

Community Details

Overview

  • $150 Initiation Fee
  • Dressage HOA, Phone Number (678) 779-2403
  • Secondary HOA Phone (678) 779-2406
  • Dressage Subdivision

Amenities

  • Clubhouse

Recreation

  • Swim or tennis dues are required

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,086

Year Built

Built in 1997

Lot Details

0

HOA Fees

$38 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: Resale
  • Year Built: 1997
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Refrigerator, Washer
  • Interior Amenities: Double Vanity, Entrance Foyer 2 Story, High Ceilings 9 ft Lower, High Ceilings 9 ft Main, His and Hers Closets, Walk-In Closet(s)
  • Basement: Daylight, Finished, Full
  • Kitchen Features: Breakfast Room, Cabinets Stain, Second Kitchen, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2876.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 6
  • Bedroom Features: In-Law Suite/Apartment, Oversized Master
  • Lower Bedrooms: 2
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Brick Front, Vinyl Siding
  • Roof Type: Composition, Ridge Vents
  • Patio And Porch Features: Deck
  • Exterior Features: Garden

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Natural Gas Available, Underground Utilities
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Homeowners Assoc
  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Hoa Contact Phone: 678-779-2403
  • Management Company Email: dressagehoa@dressagehoa.com
  • Management Phone: 678-779-2406
  • Subdivision Complex: Dressage

Association/Amenities

  • Management Company: Dressage HOA

Schools

  • Elementary School: Vickery Creek
  • Middle School: Vickery Creek
  • High School: West Forsyth

Lot Info

  • Acres: 0.5400
  • Lot: 163
  • Land/Lot: 317
  • Section G M D: 1st
  • Plat Book: 47
  • Plat Page: 75-77
  • Lot Features: Cul-De-Sac
  • Lot Dimensions: 131x103x239x191x32x36x36
  • Parcel Number: 037 236
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Thermostat, Windows
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 150

Tax Info

  • Taxes: 3086.00
  • Assessor Parcel Number: 037-000-236
  • Close Date: 2019-07-19
  • Tax Year: 2017

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Vickery Creek
  • High School: West Forsyth
  • Middle School: Vickery Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2023
Sold by
Jrjc Investments Inc
Bought by
Tobon Brian and Tobon Megan
Total Days on Market
93
Current Estimated Value
$644,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,500
Outstanding Balance
$326,278
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$318,248

Purchase Details

Listed on
Apr 7, 2019
Closed on
Jul 19, 2019
Sold by
Jrjc Investments Inc
Bought by
Tobon Brian and Tobon Megan
Seller's Agent
Jorge Morejon
The Gates Real Estate Group, Inc.
Buyer's Agent
Megan Tobon
NOT A VALID MEMBER
List Price
$359,000
Sold Price
$347,000
Premium/Discount to List
-$12,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.07%
Original Mortgage
$329,650
Interest Rate
3.8%

Purchase Details

Listed on
Sep 22, 2018
Closed on
Nov 5, 2018
Sold by
Velarde Erlinda B
Bought by
Jrjc Investments Inc
Seller's Agent
Jorge Morejon
The Gates Real Estate Group, Inc.
Buyer's Agent
Jorge Morejon
The Gates Real Estate Group, Inc.
List Price
$309,900
Sold Price
$295,000
Premium/Discount to List
-$14,900
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.10%

Purchase Details

Closed on
Dec 15, 1997
Sold by
Colony Homes
Bought by
Velarde Erlinda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,450
Interest Rate
10.5%
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
Tobon Brian -- None Listed On Document
Tobon Brian $347,000 --
Jrjc Investments Inc $295,000 --
Velarde Erlinda B $166,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tobon Brian $333,500
Previous Owner Tobon Brian $329,650
Previous Owner Verlarde Erlinda B $230,000
Previous Owner Velarde Erlinda B $235,000
Previous Owner Velarde Erlinda B $175,000
Previous Owner Velarde Erlinda $156,800
Previous Owner Velarde Erlinda B $149,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2019 07/19/19 Sold $347,000 -0.6% $121 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
06/04/2019 06/04/19 Price Changed $349,000 -1.6% $121 / Sq Ft
06/01/2019 06/01/19 Price Changed $354,700 -0.1% $123 / Sq Ft
05/16/2019 05/16/19 Price Changed $354,900 +0.3% $123 / Sq Ft
04/22/2019 04/22/19 Price Changed $354,000 -1.4% $123 / Sq Ft
04/07/2019 04/07/19 For Sale $359,000 +21.7% $125 / Sq Ft
11/05/2018 11/05/18 Sold $295,000 -4.8% $103 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
09/22/2018 09/22/18 For Sale $309,900 -- $108 / 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 $4,777 $232,512 $60,000 $172,512
2023 $4,357 $227,904 $60,000 $167,904
2022 $4,471 $147,964 $40,000 $107,964
2021 $3,787 $147,964 $40,000 $107,964
2020 $3,598 $138,800 $32,880 $105,920
2019 $3,263 $118,000 $27,960 $90,040
2018 $3,500 $126,548 $30,000 $96,548
2017 $3,086 $111,180 $30,000 $81,180
2016 $2,919 $105,180 $0 $0
2015 $2,711 $97,500 $20,000 $77,500
2014 $2,408 $90,964 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6531915

First Multiple Listing Service (FMLS)

APN: 037-236