NOT LISTED FOR SALE

7225 Flowery Branch Rd Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $797,000 - $1,198,798

3 Beds
3.5 Baths
2,132 Sq Ft
$469/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $664,900 $312 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,332/month

55 Days on Market

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 2016

Live 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 Listed By

Tom Peters

Coldwell Banker Realty License #270702 Listed on: 10/12/2015

Coldwell Banker Realty

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,374

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Condition: Resale
  • Year Built: 2010
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One and One Half
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Entrance Foyer, High Ceilings 9 ft Upper, High Ceilings 10 ft Main
  • Basement: Bath/Stubbed, Finished, Full
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Loft
  • Dining Room Features: Open Concept

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 1
  • Main Bedrooms: 1
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Shower Only

Exterior Features

  • Other Structures: Outbuilding
  • Waterfront Frontage: 150
  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Front Porch, Screened
  • Exterior Features: Garden
  • View: Lake

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Detached, Garage, Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Heat Pump
  • Laundry Features: In Basement
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Fishing, Lake
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually

Schools

  • Elementary School: Chattahoochee - Forsyth
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Lot: 36
  • Land/Lot: 715
  • Section G M D: 1
  • Lot Dimensions: 301x112x194x170
  • Parcel Number: 273 036
  • Property Attached Yn: No

Green Features

  • Efficiency: Thermostat

Tax Info

  • Taxes: 3374.00
  • Assessor Parcel Number: 273-000-036
  • Close Date: 2016-01-29
  • Tax Year: 2014

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • Elementary School: Chattahoochee - Forsyth
  • High School: Forsyth Central
  • Middle School: Otwell

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%
Total Days on Market
55
Current Estimated Value
$999,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,300
Avg. Annual Appreciation
4.46%
Original Mortgage
$531,920
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2014
Sold by
Weir Fred
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
$175,000
Interest Rate
4.26%
Mortgage Type
New Conventional

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%

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
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 $40,000
Open French Gary L $489,000
Closed French Gary Lee $531,920
Previous Owner Weir Fred $175,000
Previous Owner Weir Fred $487,500
Previous Owner Weir Fred $295,275
Previous Owner Weir Fred $300,000
Previous Owner Ghiai Schahin $143,500
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 Change Sq Ft Price
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

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 $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

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5606003

First Multiple Listing Service (FMLS)

APN: 273-036