$295,000
SOLD NOV 5, 2018

7180 Valance Ln Cumming, GA 30040

6 Beds
3.5 Baths
2,876 Sq Ft
0.54 Acres

Recently Sold

$103 Per Sq Ft

5% Below List Price

24 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Wood Flooring
  • Vickery Creek Middle School Rated A
  • Traditional Architecture
  • Community Pool

About This Home

As of July 2019

Large 6 Bedroom 3.5 bath home in a great school district. Minutes from parks, restaurants and one mile to popular Vickery Village. The home has been freshly painted upstairs and new carpet installed. Open floor plan perfect for entertaining. Large master suite with sitting area and 2 closets. The 4th bedroom upstairs is large enough that it can be use as a bedroom or bonus room. Full finished basement with additional Kitchen as well as 2 bedroom and One full bath. Private backyard.

Last Agent to Sell the Property

Jorge Morejon

The Gates Real Estate Group, Inc. License #305342 Listed on: 09/22/2018

Last Buyer's Agent

Jorge Morejon

The Gates Real Estate Group, Inc. License #305342 Listed on: 09/22/2018

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
  • Cul-De-Sac

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Brick Front

Interior Spaces

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

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Finished Basement

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

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • High-Efficiency Water Heater
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Energy-Efficient Thermostat
  • Deck

Listing and Financial Details

  • Tax Lot 163
  • Assessor Parcel Number 037 236

Community Details

Overview

  • $150 Initiation Fee
  • Dressage Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

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
  • Stories: 2

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
  • Interior Amenities: Double Vanity, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Daylight, Finished, Full
  • Kitchen Features: Breakfast Room, Cabinets Stain, Pantry, Tile Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2876.00

Beds/Baths

  • Total Bedrooms: 6
  • Bedroom Features: In-Law Suite/Apartment
  • Lower Bedrooms: 2
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity

Exterior Features

  • Construction Materials: Brick Front, Frame
  • Roof Type: Composition
  • Patio And Porch Features: Deck

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

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Homeowners Assoc, Playground, Pool, Street Lights, Tennis Court(s)
  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Dressage

Schools

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

Lot Info

  • Acres: 0.5400
  • Lot: 163
  • Land/Lot: 317
  • Plat Book: 47
  • Plat Page: 75-77
  • Lot Features: Cul-De-Sac
  • Lot Dimensions: 131x103x239x191x32x36x36
  • Parcel Number: 037 236
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat, Water Heater

Rental Info

  • Initiation Fee: 150

Tax Info

  • Taxes: 3086.00
  • Assessor Parcel Number: 037-000-236
  • Close Date: 2018-11-05
  • Tax Year: 2017

MLS Schools

  • 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
24
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $347,000 --
Warranty Deed $295,000 --
Deed $166,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $333,500 New Conventional
Previous Owner $329,650 No Value Available
Previous Owner $230,000 Stand Alone Second
Previous Owner $235,000 Stand Alone Second
Previous Owner $175,000 Stand Alone Second
Previous Owner $156,800 Stand Alone Refi Refinance Of Original Loan
Previous Owner $149,450 New Conventional
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: 6075862

First Multiple Listing Service (FMLS)

APN: 037-236