NOT LISTED FOR SALE

7240 Bannister Rd Cumming, GA 30028

Estimated Value: $489,988 - $513,000

4 Beds
3.5 Baths
3,262 Sq Ft
$152/Sq Ft Est. Value

Last Sold July 12, 2017

Last sale price $262,500 $80 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,919/month

Highlights

  • Craftsman Architecture
  • Dining Room Seats More Than Twelve
  • Private Lot
  • Silver City Elementary School Rated A
  • Deck
  • Cathedral Ceiling

About This Home

As of July 2017

Immaculate home in move-in condition. Master on main. Three bedrooms on upper level with catwalk looking down into family room. All new carpets and entrance hardwood floor. Granite counter top in kitchen and baths. Vaulted ceiling in family room & main hallway. New deck only a year old. No HOA so bring your RV or boat!

Last Agent to Sell the Property

Ken Klosinski

Harry Norman Realtors License #347966 Listed on: 05/16/2017

Harry Norman Realtors

Last Buyer's Agent

Nelson Logan

Virtual Properties Realty.Net, LLC. License #260758

Virtual Properties Realty.Net, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,568

Year Built

  • Built in 2006

Lot Details

  • 0.91 Acre Lot
  • Fenced
  • Private Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 3,262 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Insulated Windows
  • Two Story Entrance Foyer
  • Great Room
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry in Mud Room
  • Laundry on main level

Basement

  • Stubbed For A Bathroom
  • Natural lighting in basement

Accessible Home Design

  • Accessible Entrance

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Silver City Elementary School
  • North Forsyth Middle School
  • North Forsyth High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 164 143

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,568

Year Built

Built in 2006

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, Traditional
  • Property Condition: Resale
  • Year Built: 2006
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One and One Half
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Factory Built
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range, Microwave
  • Interior Amenities: Cathedral Ceiling(s), Disappearing Attic Stairs, Double Vanity, Entrance Foyer 2 Story, High Ceilings 9 ft Main
  • Basement: Bath/Stubbed, Daylight
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 3262.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • 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: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Main Level, Mud Room

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually

Schools

  • Elementary School: Silver City
  • Middle School: North Forsyth
  • High School: North Forsyth

Lot Info

  • Acres: 0.9100
  • Deed Book: 6569
  • Deed Page: 562
  • Lot Features: Level, Private
  • Parcel Number: 164 143
  • Property Attached Yn: No

Green Features

  • Efficiency: Insulation, Thermostat, Windows

Tax Info

  • Taxes: 2568.00
  • Assessor Parcel Number: 164-000-143
  • Close Date: 2017-07-12
  • Tax Year: 2016

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Silver City
  • High School: North Forsyth
  • Middle School: North Forsyth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2017
Closed on
Jul 12, 2017
Sold by
K
Bought by
Cossette Michelle and Cossette Eric
Seller's Agent
Ken Klosinski
Harry Norman Realtors
Buyer's Agent
Nelson Logan
Virtual Properties Realty.Net, LLC.
List Price
$259,000
Sold Price
$262,500
Premium/Discount to List
$3,500
1.35%
Current Estimated Value
$496,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,247
Avg. Annual Appreciation
8.01%
Original Mortgage
$257,744
Outstanding Balance
$214,024
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$282,723

Purchase Details

Closed on
Jan 12, 2016
Sold by
Neville Jeffrey L
Bought by
K & K Investment Properties Llc

Purchase Details

Closed on
Jan 29, 2013
Sold by
K & K Investment Propertie
Bought by
Neville Jeffrey L and Neville Lisa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2011
Sold by
Wade Walter
Bought by
K

Purchase Details

Closed on
Mar 28, 2008
Sold by
Wade Vincent J and Wade Diane I
Bought by
Wade Walter and Wade Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2007
Sold by
Dnk Construction & Landscape D
Bought by
Wade Vincent J and Wade Diane I
Source: Public Records

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
Cossette Michelle $262,500 --
K & K Investment Properties Llc -- --
Neville Jeffrey L $204,000 --
K $238,000 --
Wade Walter $248,000 --
Wade Vincent J $213,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cossette Michelle $257,744
Previous Owner Neville Jeffrey L $199,000
Previous Owner Wade Walter $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2017 07/12/17 Sold $262,500 +1.4% $80 / Sq Ft
05/21/2017 05/21/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $259,000 -- $79 / 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
2025 $3,513 $214,500 $40,768 $173,732
2024 $3,513 $166,504 $23,004 $143,500
2023 $2,965 $155,928 $24,460 $131,468
2022 $3,231 $105,292 $12,812 $92,480
2021 $2,784 $105,292 $12,812 $92,480
2020 $2,940 $112,872 $12,812 $100,060
2019 $2,749 $103,396 $12,812 $90,584
2018 $2,786 $105,000 $16,680 $88,320
2017 $2,789 $100,480 $16,000 $84,480
2016 $2,568 $92,520 $12,000 $80,520
2015 $2,572 $92,520 $12,000 $80,520
2014 -- $81,564 $11,444 $70,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5850179

First Multiple Listing Service (FMLS)

APN: 164-143