Seller's Agent in 2016
Tom Peters
Coldwell Banker Realty
(678) 663-6522
16 in this area
56 Total Sales
7225 Flowery Branch Rd Cumming, GA 30041
Lake Lanier NeighborhoodEstimated Value: $899,000 - $1,473,000
3
Beds
3.5
Baths
2,132
Sq Ft
$558/Sq Ft
Est. Value
Highlights
- 150 Feet of Waterfront
- Covered dock with one slips
- Open-Concept Dining Room
- Chattahoochee Elementary School Rated A
- Deep Water Access
- Fishing
About This Home
As of January 2016Live the Lake Lanier lifestyle with this amazing lakefront home. No expense was spared in the remodel - you will not be disappointed with the finish of this home. Very open floor plan-great for entertaining friends and family. Inside this home be sure to enjoy the screened in porch and fireplace for those cool evenings. Cooks will love the open kitchen with high end finishes. Outside you have professional landscaped grounds, a oversized detached garage with office/storage space above with a sep entrance and a single slip covered dock.
Last Agent to Sell the Property
Coldwell Banker Realty License #270702 Listed on: 10/12/2015
Last Buyer's Agent
CLAUDIA STIPE
NOT A VALID MEMBER License #257694
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,374
Year Built
- Built in 2010
Lot Details
- Lot Dimensions are 301x112x194x170
- 150 Feet of Waterfront
- Lake Front
- Property fronts an easement
- Garden
Parking
- 2 Car Detached Garage
- Garage Door Opener
Home Design
- Craftsman Architecture
- Composition Roof
- Cement Siding
Interior Spaces
- 1.5-Story Property
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Factory Built Fireplace
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Open-Concept Dining Room
- Loft
- Screened Porch
- Lake Views
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Electric Range
- Microwave
- Dishwasher
- Kitchen Island
- Stone Countertops
- Wood Stained Kitchen Cabinets
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Primary Bedroom on Main
- Shower Only
Finished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
- Stubbed For A Bathroom
Outdoor Features
- Deep Water Access
- Covered dock with one slips
- Outbuilding
Schools
- Chattahoochee - Forsyth Elementary School
- Otwell Middle School
- Forsyth Central High School
Utilities
- Central Air
- Heat Pump System
- Well
- Electric Water Heater
- Septic Tank
- Cable TV Available
Additional Features
- Accessible Entrance
- Energy-Efficient Thermostat
Listing and Financial Details
- Tax Lot 36
- Assessor Parcel Number 273 036
Community Details
Overview
- Community Lake
Recreation
- Fishing
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 12, 2015
Closed on
Jan 29, 2016
Sold by
Weir Fred
Bought by
French Gary Lee and French Heather
Seller's Agent
Tom Peters
Coldwell Banker Realty
Buyer's Agent
CLAUDIA STIPE
NOT A VALID MEMBER
List Price
$669,900
Sold Price
$664,900
Premium/Discount to List
-$5,000
-0.75%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,516
Avg. Annual Appreciation
6.17%
Original Mortgage
$531,920
Outstanding Balance
$425,271
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$764,145
Purchase Details
Closed on
Oct 24, 2014
Sold by
Weir Fred
Bought by
Weir Fred and Weir Hollie
Purchase Details
Closed on
Jul 31, 2009
Sold by
Ghiai Schahin
Bought by
Weir Fred and Weir Hollie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 30, 2004
Sold by
Flanders William D
Bought by
Ghiai Schahin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 9, 2001
Sold by
Mandich Julie D
Bought by
Flanders William D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
7.18%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 16, 1994
Sold by
Ferguson Robert M Normalea
Bought by
Mandich Julie D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,750
Interest Rate
8.52%
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 |
|---|---|---|---|
| French Gary Lee | $664,900 | -- | |
| Weir Fred | -- | -- | |
| Weir Fred | $375,000 | -- | |
| Ghiai Schahin | $300,000 | -- | |
| Flanders William D | $271,900 | -- | |
| Mandich Julie D | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | French Gary Lee | $531,920 | |
| Previous Owner | Weir Fred | $300,000 | |
| Previous Owner | Ghiai Schahin | $240,000 | |
| Previous Owner | Flanders William D | $217,500 | |
| Previous Owner | Mandich Julie D | $148,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/29/2016 01/29/16 | Sold | $664,900 | -0.7% | $312 / Sq Ft |
| 12/06/2015 12/06/15 | Pending | -- | -- | -- |
| 11/11/2015 11/11/15 | Price Changed | $669,700 | 0.0% | $314 / Sq Ft |
| 11/10/2015 11/10/15 | Price Changed | $669,800 | 0.0% | $314 / Sq Ft |
| 10/12/2015 10/12/15 | For Sale | $669,900 | -- | $314 / Sq Ft |
Source: First Multiple Listing Service (FMLS)
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 | $8,865 | $438,080 | $220,000 | $218,080 |
| 2024 | $8,865 | $428,944 | $220,000 | $208,944 |
| 2023 | $7,463 | $365,820 | $176,000 | $189,820 |
| 2022 | $7,892 | $285,304 | $154,000 | $131,304 |
| 2021 | $7,295 | $285,304 | $154,000 | $131,304 |
| 2020 | $7,200 | $280,736 | $154,000 | $126,736 |
| 2019 | $6,357 | $239,444 | $114,400 | $125,044 |
| 2018 | $6,167 | $229,872 | $114,400 | $115,472 |
| 2017 | $5,949 | $218,448 | $114,400 | $104,048 |
| 2016 | $4,251 | $153,156 | $80,000 | $73,156 |
| 2015 | $3,720 | $137,156 | $64,000 | $73,156 |
| 2014 | $3,374 | $130,736 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Peters
-
C
Buyer's Agent in 2016
CLAUDIA STIPE
NOT A VALID MEMBER
Map
Source: First Multiple Listing Service (FMLS)
MLS Number: 5606003
APN: 273-036
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