NOT LISTED FOR SALE

7230 Valance Ln Cumming, GA 30040

Estimated Value: $636,000 - $659,503

4 Beds
3 Baths
2,736 Sq Ft
$237/Sq Ft Est. Value

Last Sold April 14, 2015

Last sale price $319,900 $117 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,118/month

5 Days on Market

Highlights

  • Lake Front
  • Fishing
  • Family Room with Fireplace
  • Vickery Creek Middle School Rated A
  • Separate his and hers bathrooms
  • Traditional Architecture

About This Home

As of April 2015

AMAZING RENOVATION IN BEST VICKERY/WEST FORSYTH SCHOOL DISTRICT. ALL NEW PAINT INSIDE AND OUT. BRAND NEW GLEAMING HARDWOODS, NEW CARPET, NEW STAINLESS STEEL APPLIANCES, NEW HVAC, NEW ROOF. NEW KITCHEN AND MASTER BATH CABINETS. MASTER BATH COMPLETELY RENOVATED. MASTER BEDROOM HAS SITTING ROOM AND FIREPLACE. OVER AN ACRE WITH LAKE FRONT!!! FULL BASEMENT IS STUBBED AND READY TO FINISH. WALKING DISTANCE TO SCHOOLS AND VICKERY VILLAGE RESTAURANTS AND SHOPS. THIS HOME IS GORGEOUS AND WON'T LAST!!

Last Agent to Sell the Property

Amy Adams

Berkshire Hathaway HomeServices Georgia Properties License #322077 Listed on: 03/13/2015

Berkshire Hathaway HomeServices Georgia Properties

Last Buyer's Agent

Jennifer Miller

NOT A VALID MEMBER License #358026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,417

Year Built

  • Built in 1997

Lot Details

  • Lake Front
  • Level Lot

HOA Fees

  • Property has a Home Owners Association

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Driveway Level

Home Design

  • Traditional Architecture
  • Tar and Gravel Roof

Interior Spaces

  • 2,736 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Lake Views

Kitchen

  • Open to Family Room
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate his and hers bathrooms
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom

Outdoor Features

  • Patio

Schools

  • Vickery Creek Elementary And Middle School
  • West Forsyth High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 037 224

Community Details

Overview

  • Dressage Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,417

Year Built

Built in 1997

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1997
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Interior Amenities: High Ceilings 9 ft Main, High Ceilings 9 ft Upper
  • Basement: Bath/Stubbed, Exterior Entry, Full, Interior Entry, Unfinished
  • Kitchen Features: Breakfast Room, Cabinets Other, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2736.00

Beds/Baths

  • Total Bedrooms: 4
  • Total Full Baths: 3
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Separate His/Hers, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Roof Type: Tar/Gravel
  • Patio And Porch Features: Patio
  • View: Lake

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Driveway, Garage, Kitchen Level, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Main Level

Condo/Co-op/Association

  • Community Features: Fishing, Playground, Pool, Tennis Court(s)
  • Association Fee Frequency: Annually
  • Master Association Fee: 450
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: DRESSAGE

Schools

  • Elementary School: Vickery Creek
  • Middle School: Vickery Creek
  • High School: West Forsyth

Lot Info

  • Deed Book: 1177
  • Deed Page: 250
  • Lot Features: Level
  • Lot Dimensions: 1.33
  • Parcel Number: 037 224
  • Property Attached Yn: No

Tax Info

  • Taxes: 2417.00
  • Assessor Parcel Number: 037-000-224
  • Close Date: 2015-04-14
  • Tax Year: 2014

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Vickery Creek
  • High School: West Forsyth
  • Middle School: Vickery Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2015
Closed on
Apr 14, 2015
Sold by
Jba Homes Inc
Bought by
Etter Thomas James and Etter Deena Suzanne
Seller's Agent
Amy Adams
Berkshire Hathaway HomeServices Georgia Properties
Buyer's Agent
Jennifer Miller
NOT A VALID MEMBER
List Price
$319,900
Sold Price
$319,900
Total Days on Market
5
Current Estimated Value
$647,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,226
Avg. Annual Appreciation
7.17%
Original Mortgage
$303,905
Outstanding Balance
$238,371
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$408,755

Purchase Details

Closed on
Dec 2, 2014
Sold by
Macdonald David A
Bought by
Jba Homes Inc

Purchase Details

Closed on
Sep 30, 1997
Sold by
Colony Homes
Bought by
Macdonald David A and Macdonald Ruby L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,350
Interest Rate
10.75%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Etter Thomas James $319,900 --
Jba Homes Inc $220,000 --
Macdonald David A $198,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Etter Thomas James $303,905
Previous Owner Macdonald David A $292,687
Previous Owner Macdonald David A $279,632
Previous Owner Macdonald David A $90,000
Previous Owner Macdonald David A $84,200
Previous Owner Macdonald David A $40,000
Previous Owner Macdonald David A $188,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2015 04/14/15 Sold $319,900 0.0% $117 / Sq Ft
03/15/2015 03/15/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $319,900 -- $117 / 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 $5,592 $228,040 $60,000 $168,040
2023 $5,492 $223,108 $60,000 $163,108
2022 $4,958 $144,844 $40,000 $104,844
2021 $4,000 $144,844 $40,000 $104,844
2020 $4,143 $150,028 $40,000 $110,028
2019 $4,123 $149,092 $40,000 $109,092
2018 $4,087 $147,792 $40,000 $107,792
2017 $3,537 $127,436 $33,000 $94,436
2016 $3,354 $120,836 $26,400 $94,436
2015 $2,717 $97,704 $22,000 $75,704
2014 -- $91,284 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5509040

First Multiple Listing Service (FMLS)

APN: 037-224