NOT LISTED FOR SALE

7185 Valance Ln Cumming, GA 30040

Estimated Value: $494,000 - $560,000

3 Beds
2 Baths
1,874 Sq Ft
$280/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $392,000 $209 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,899/month

Highlights

  • Wood Flooring
  • Stone Countertops
  • 1-Story Property
  • Vickery Creek Middle School Rated A
  • Security System Owned
  • Brick Front

About This Home

As of August 2021

This Cumming one-story home offers granite countertops, and a two-car garage. This home has been virtually staged to illustrate its potential.

Last Agent to Sell the Property

Kim Klir

Mainstay Brokerage LLC License #308458 Listed on: 05/24/2021

Mainstay Brokerage LLC

Last Buyer's Agent

Kimberly Lee

Keller Williams Realty Community Partners License #292679

Keller Williams Realty Community Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $518

Year Built

  • Built in 1997

Lot Details

  • 0.54 Acre Lot

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 1,874 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Security System Owned

Kitchen

  • Microwave
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 110 Volts

Community Details

  • Association Phone (770) 343-9500
  • Dressage Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Tax Lot 165
  • Assessor Parcel Number 037 238

Home Details

Home Type

Single Family

Est. Annual Taxes

$518

Year Built

Built in 1997

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Property Condition: Resale
  • Year Built: 1997
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Microwave
  • Kitchen Features: Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Square Footage: 1874.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2

Exterior Features

  • Construction Materials: Brick Front, Vinyl Siding
  • Roof Type: Composition
  • Foundation: Slab

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security System Owned
  • Cooling: Central Air
  • Heating: Natural Gas
  • Utilities: Electricity Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Association Fee: 550
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-343-9500
  • Subdivision Complex: DRESSAGE

Schools

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

Lot Info

  • Acres: 0.5400
  • Lot: 165
  • Land/Lot: 317
  • Plat Book: 47
  • Plat Page: 75-77
  • Lot Dimensions: x
  • Parcel Number: 037 238
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 518.00
  • Assessor Parcel Number: 037-000-238
  • Close Date: 2021-08-17
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Oct 7, 2021
Sold by
Corin Alan and Corin Shiela Marilyn
Bought by
Corin Alan and Corin Shiela Marilyn
Seller's Agent
Kim Klir
Mainstay Brokerage LLC
Buyer's Agent
Kimberly Lee
Keller Williams Realty Community Partners
List Price
$420,000
Sold Price
$392,000
Premium/Discount to List
-$28,000
-6.67%
Current Estimated Value
$524,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,921
Avg. Annual Appreciation
6.65%
Original Mortgage
$105,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 24, 2021
Closed on
Aug 17, 2021
Sold by
Opendoor Property Trust I
Bought by
Corin Alan and Corin Marilyn Shiela
Seller's Agent
Kim Klir
Mainstay Brokerage LLC
Buyer's Agent
Kimberly Lee
Keller Williams Realty Community Partners
List Price
$420,000
Sold Price
$392,000
Premium/Discount to List
-$28,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2021
Sold by
Borak Marilyn
Bought by
Opendoor Property Trust I

Purchase Details

Closed on
Aug 27, 1997
Sold by
Colony Homes
Bought by
Borak Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
7.62%
Mortgage Type
New Conventional
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
Corin Alan -- None Listed On Document
Corin Alan $392,000 --
Opendoor Property Trust I $368,500 --
Borak Marilyn $142,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corin Alan $105,000
Previous Owner Borak Marilyn $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Sold $392,000 -0.8% $209 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/15/2021 07/15/21 Price Changed $395,000 -3.2% $211 / Sq Ft
07/01/2021 07/01/21 Price Changed $408,000 -2.9% $218 / Sq Ft
06/11/2021 06/11/21 For Sale $420,000 0.0% $224 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $420,000 -- $224 / 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 $845 $196,896 $64,000 $132,896
2024 $845 $184,216 $60,000 $124,216
2023 $750 $186,376 $60,000 $126,376
2022 $846 $108,728 $40,000 $68,728
2021 $525 $108,728 $40,000 $68,728
2020 $518 $102,032 $30,000 $72,032
2019 $522 $101,456 $30,000 $71,456
2018 $518 $88,000 $30,000 $58,000
2017 $521 $83,892 $30,000 $53,892
2016 $513 $77,892 $24,000 $53,892
2015 $504 $71,452 $20,000 $51,452
2014 $460 $67,156 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Klir

    Seller's Agent in 2021

    Kim Klir

    Mainstay Brokerage LLC

    (407) 634-1744

    6,084 Total Sales

    Kim Klir
    Section Image
  • Kimberly Lee

    Buyer's Agent in 2021

    Kimberly Lee

    Keller Williams Realty Community Partners

    (404) 909-5530

    67 Total Sales

    Kimberly Lee
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6887872

First Multiple Listing Service (FMLS)

APN: 037-238

Georgia Forsyth County Cumming 30040

7185 Valance Ln, Cumming, GA

This home is located at 7185 Valance Ln, Cumming, GA 30040 since 24 May 2021 and is currently estimated at $524,921, approximately $280 per square foot. This property was built in 1997. 7185 Valance Ln is a home located in Forsyth County with nearby schools including Vickery Creek Middle School, West Forsyth High School, and Montessori at Vickery.

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