7220 Gresham Trace Cumming, GA 30040
Estimated Value: $724,000 - $835,000
4
Beds
5
Baths
3,289
Sq Ft
$237/Sq Ft
Est. Value
About This Home
This home is located at 7220 Gresham Trace, Cumming, GA 30040 and is currently estimated at $778,935, approximately $236 per square foot. 7220 Gresham Trace is a home located in Forsyth County with nearby schools including Vickery Creek Middle School, West Forsyth High School, and Covenant Christian Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 16, 1998
Sold by
J O C Prop
Bought by
Allgood Travis L and Allgood Amy F
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$45,901
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$733,034
Purchase Details
Closed on
May 13, 1998
Sold by
Embry Timothy J
Bought by
J V C Prop Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.04%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Allgood Travis L | $253,200 | -- | |
| J V C Prop Inc | $34,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Allgood Travis L | $200,000 | |
| Previous Owner | J V C Prop Inc | $200,000 |
Source: Public Records
Tax History Compared to Growth
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 | $5,955 | $302,216 | $64,000 | $238,216 |
| 2024 | $5,955 | $303,292 | $60,000 | $243,292 |
| 2023 | $3,955 | $257,128 | $60,000 | $197,128 |
| 2022 | $5,244 | $178,072 | $40,000 | $138,072 |
| 2021 | $4,369 | $178,072 | $40,000 | $138,072 |
| 2020 | $4,337 | $176,532 | $30,000 | $146,532 |
| 2019 | $3,800 | $155,872 | $30,000 | $125,872 |
| 2018 | $3,717 | $150,772 | $30,000 | $120,772 |
| 2017 | $3,343 | $132,372 | $30,000 | $102,372 |
| 2016 | $3,216 | $126,372 | $24,000 | $102,372 |
| 2015 | $3,222 | $126,372 | $24,000 | $102,372 |
| 2014 | $2,838 | $115,636 | $22,000 | $93,636 |
Source: Public Records
Map
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