NOT LISTED FOR SALE

7235 Margate Ct Cumming, GA 30040

Estimated Value: $785,998 - $855,000

4 Beds
3.5 Baths
3,044 Sq Ft
$267/Sq Ft Est. Value

Last Sold January 18, 2018

Last sale price $395,000 $130 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $5,035/month

143 Days on Market

Highlights

  • Newly Remodeled
  • Separate his and hers bathrooms
  • Wood Flooring
  • DeSana Middle School Rated A
  • Craftsman Architecture
  • Loft

About This Home

As of January 2018

Ready Now! This dazzling Continental home is filled with bodacious personality from turn to turn. Beautiful, light hardwoods, gathering room with extension and multiple large windows really open up and enlarge this entertainer's dream space. This home is truly turn-key; included with gourmet built-in stainless steel appliances, quartz counter tops, and the best leak warranty offered by any new home builder in Metro Atlanta! What else is there to ask for but an appointment?

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 07/21/2017

Mark Spain Real Estate

Last Buyer's Agent

Narendran Vellaisamy

Chapman Hall Professionals License #287396

Chapman Hall Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,826

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 0.27

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway Level

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 3,044 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Home Office
  • Loft
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Butlers Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Midway - Forsyth Elementary School
  • Desana Middle School
  • West Forsyth High School

Utilities

  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Energy-Efficient HVAC
  • Level Lot

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 60
  • Assessor Parcel Number 084 340

Community Details

Overview

  • $750 Initiation Fee
  • Ashford Manor Enclave Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,826

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Traditional
  • Property Condition: New Construction
  • Year Built: 2017
  • Levels Stories: Two
  • Special Features: NewHome
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room, Gas Log
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, High Speed Internet, His and Hers Closets, Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Kitchen Island, Pantry Walk-In, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Loft, Office
  • Dining Room Features: Butlers Pantry, Separate Dining Room
  • Square Footage: 3044.00

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Composition, Ridge Vents
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Heating: Natural Gas
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Playground, Pool, Street Lights, Tennis Court(s)
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: Ashford Manor Enclave

Schools

  • Elementary School: Midway - Forsyth
  • Middle School: DeSana
  • High School: West Forsyth

Lot Info

  • Lot: 60
  • Lot Features: Level
  • Parcel Number: 084 340
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC

Rental Info

  • Initiation Fee: 750

Tax Info

  • Assessor Parcel Number: 084-000-340
  • Close Date: 2018-01-18
  • Tax Year: 2017

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Midway - Forsyth
  • High School: West Forsyth
  • Middle School: DeSana

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2017
Closed on
Jan 18, 2018
Sold by
Pulte Home Co Llc
Bought by
Sethuraman Harikumar and Sankaran Aruna
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Narendran Vellaisamy
Chapman Hall Professionals
List Price
$417,483
Sold Price
$395,000
Premium/Discount to List
-$22,483
-5.39%
Current Estimated Value
$821,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,602
Avg. Annual Appreciation
10.17%
Source: Public Records

Range of Values:

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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
Sethuraman Harikumar $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sethuraman Harikumar $350,000
Closed Sethuraman Harikumar $273,300
Closed Sethuraman Harikumar $330,000
Closed Sethuraman Harikumar $369,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2018 01/18/18 Sold $395,000 -1.2% $130 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
11/06/2017 11/06/17 Price Changed $399,990 -1.8% $131 / Sq Ft
08/03/2017 08/03/17 Price Changed $407,483 -2.4% $134 / Sq Ft
07/21/2017 07/21/17 For Sale $417,483 -- $137 / 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 $5,826 $279,204 $68,000 $211,204
2023 $5,116 $257,692 $60,000 $197,692
2022 $5,400 $172,968 $44,800 $128,168
2021 $4,537 $172,968 $44,800 $128,168
2020 $4,417 $167,168 $40,000 $127,168
2019 $4,234 $158,000 $43,760 $114,240
2018 $4,190 $151,528 $42,000 $109,528
2017 $1,166 $42,000 $42,000 $0
2016 $888 $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Spain

    Seller's Agent in 2018

    Mark Spain

    Mark Spain

    (678) 537-8980

    10,070 Total Sales

    Section Image
  • Narendran Vellaisamy

    Buyer's Agent in 2018

    Narendran Vellaisamy

    Chapman Hall Professionals

    (770) 630-5040

    58 Total Sales

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5882421

First Multiple Listing Service (FMLS)

APN: 084-340

Georgia Forsyth County Cumming 30040

7235 Margate Ct, Cumming, GA

This home is located at 7235 Margate Ct, Cumming, GA 30040 since 21 July 2017 and is currently estimated at $812,250, approximately $266 per square foot. This property was built in 2017. 7235 Margate Ct is a home located in Forsyth County with nearby schools including DeSana Middle School, Denmark High School, and Alpharetta Tamil School.

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