NOT LISTED FOR SALE

7220 Scotshire Way Cumming, GA 30040

Estimated Value: $945,000 - $1,107,000

6 Beds
5 Baths
4,921 Sq Ft
$206/Sq Ft Est. Value

About This Home

This home is located at 7220 Scotshire Way, Cumming, GA 30040 and is currently estimated at $1,011,840, approximately $205 per square foot. 7220 Scotshire Way is a home located in Forsyth County with nearby schools including Vickery Creek Middle School, West Forsyth High School, and Montessori at Vickery.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2020
Sold by
Schaff Derek
Bought by
Schaff Jessica
Current Estimated Value
$1,011,840

Purchase Details

Closed on
Apr 14, 2015
Sold by
Schaff Derek Michael
Bought by
Schaff Derek Michael and Schaff Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2011
Sold by
Schaff Derek Michael
Bought by
Schaff Derek Michael and Nagy Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2010
Sold by
Raith Arnold S and Raith Tracey C
Bought by
Petri Kathy H and Petri David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 1998
Sold by
Fairgreen Cap Lp
Bought by
Adamson Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,500
Interest Rate
6.99%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Schaff Jessica -- --
Schaff Derek Michael -- --
Schaff Derek Michael -- --
Schaff Derek Michael $445,000 --
Petri Kathy H $444,000 --
Adamson Homes Inc $53,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schaff Derek Michael $393,000
Previous Owner Schaff Derek Michael $417,000
Previous Owner Petri Kathy H $150,000
Previous Owner Adamson Homes Inc $822,500
Source: Public Records

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 $8,800 $369,896 $68,000 $301,896
2024 $8,800 $358,868 $68,000 $290,868
2023 $8,594 $349,152 $62,000 $287,152
2022 $7,581 $233,924 $44,000 $189,924
2021 $6,460 $233,924 $44,000 $189,924
2020 $5,974 $216,352 $34,000 $182,352
2019 $5,900 $213,344 $34,000 $179,344
2018 $5,780 $209,016 $34,000 $175,016
2017 $5,550 $199,976 $30,000 $169,976
2016 $5,189 $186,976 $26,000 $160,976
2015 $5,199 $186,976 $26,000 $160,976
2014 -- $170,060 $0 $0
Source: Public Records

Map

Georgia Forsyth County Cumming 30040

7220 Scotshire Way, Cumming, GA

This home is located at 7220 Scotshire Way, Cumming, GA 30040 and is currently estimated at $1,011,840, approximately $205 per square foot. 7220 Scotshire Way is a home located in Forsyth County with nearby schools including Vickery Creek Middle School, West Forsyth High School, and Montessori at Vickery.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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