7240 Gresham Trace Cumming, GA 30040
Estimated Value: $757,888 - $817,000
4
Beds
5
Baths
2,844
Sq Ft
$276/Sq Ft
Est. Value
About This Home
This home is located at 7240 Gresham Trace, Cumming, GA 30040 and is currently estimated at $785,972, approximately $276 per square foot. 7240 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
May 4, 2017
Sold by
Phalen Audrey R
Bought by
Perry Evan B
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$282,752
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$503,220
Purchase Details
Closed on
Dec 15, 2014
Sold by
Causey Deborah G
Bought by
Phalen Audrey R and Phalen Bryan C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,800
Interest Rate
4.07%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 29, 2012
Sold by
Causey Deborah G
Bought by
Causey Robert A and Causey Deborah G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.76%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 19, 2008
Sold by
Ehle Dennis L and Ehle Donna W
Bought by
Causey Deborah G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.45%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 30, 1997
Sold by
T G Builders Inc
Bought by
Ehle Dennis G and Ehle Donna W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.12%
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 |
---|---|---|---|
Perry Evan B | $425,000 | -- | |
Phalen Audrey R | $366,000 | -- | |
Causey Robert A | -- | -- | |
Causey Deborah G | $295,000 | -- | |
Ehle Dennis G | $226,900 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Perry Evan B | $340,000 | |
Previous Owner | Phalen Audrey R | $292,800 | |
Previous Owner | Causey Robert A | $215,000 | |
Previous Owner | Causey Deborah G | $195,000 | |
Previous Owner | Ehle Dennis G | $200,000 |
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 | $6,314 | $305,024 | $64,000 | $241,024 |
2024 | $6,314 | $305,728 | $60,000 | $245,728 |
2023 | $5,191 | $260,312 | $60,000 | $200,312 |
2022 | $5,486 | $178,088 | $40,000 | $138,088 |
2021 | $4,671 | $178,088 | $40,000 | $138,088 |
2020 | $4,597 | $174,476 | $30,000 | $144,476 |
2019 | $4,477 | $169,660 | $30,000 | $139,660 |
2018 | $4,437 | $167,324 | $30,000 | $137,324 |
2017 | $4,086 | $151,796 | $30,000 | $121,796 |
2016 | $3,959 | $145,796 | $24,000 | $121,796 |
2015 | $4,054 | $145,796 | $24,000 | $121,796 |
2014 | $2,699 | $105,240 | $22,000 | $83,240 |
Source: Public Records
Map
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