7225 Gresham Trace Cumming, GA 30040
Estimated Value: $690,000 - $824,000
4
Beds
4
Baths
2,912
Sq Ft
$260/Sq Ft
Est. Value
About This Home
This home is located at 7225 Gresham Trace, Cumming, GA 30040 and is currently estimated at $757,319, approximately $260 per square foot. 7225 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
Feb 16, 2017
Sold by
Hannigan David M
Bought by
Moorhead Ron and Moorhead Mitzi
Current Estimated Value
Purchase Details
Closed on
May 31, 2006
Sold by
Doyle James E
Bought by
Hannigan David M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 17, 1999
Sold by
Domian Robert R
Bought by
Doyle James R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
7.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 15, 1998
Sold by
Hollingworth Patricia W
Bought by
Domian Robert E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
7.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 15, 1997
Sold by
T G Builders Inc
Bought by
Hollingsworth Patricia W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,450
Interest Rate
7.5%
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 |
|---|---|---|---|
| Moorhead Ron | $345,000 | -- | |
| Hannigan David M | $315,000 | -- | |
| Doyle James R | $233,000 | -- | |
| Domian Robert E | $197,500 | -- | |
| Hollingsworth Patricia W | $222,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hannigan David M | $252,000 | |
| Previous Owner | Doyle James R | $186,400 | |
| Previous Owner | Domian Robert E | $97,500 | |
| Previous Owner | Hollingsworth Patricia W | $200,450 |
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 | $6,110 | $309,312 | $64,000 | $245,312 |
| 2024 | $6,110 | $296,632 | $60,000 | $236,632 |
| 2023 | $5,163 | $261,240 | $60,000 | $201,240 |
| 2022 | $5,411 | $177,812 | $40,000 | $137,812 |
| 2021 | $4,621 | $177,812 | $40,000 | $137,812 |
| 2020 | $3,756 | $145,400 | $30,000 | $115,400 |
| 2019 | $3,737 | $144,228 | $30,000 | $114,228 |
| 2018 | $3,486 | $131,780 | $30,000 | $101,780 |
| 2017 | $3,362 | $121,124 | $30,000 | $91,124 |
| 2016 | $3,195 | $115,124 | $24,000 | $91,124 |
| 2015 | $3,201 | $115,124 | $24,000 | $91,124 |
| 2014 | $2,786 | $105,236 | $0 | $0 |
Source: Public Records
Map
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