NOT LISTED FOR SALE

7240 Gresham Trace Cumming, GA 30040

Estimated Value: $736,000 - $809,000

4 Beds
5 Baths
2,844 Sq Ft
$274/Sq Ft Est. Value

About This Home

This home is located at 7240 Gresham Trace, Cumming, GA 30040 and is currently estimated at $779,951, approximately $274 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2017
Sold by
Bought by
Current Estimated Value
$779,951

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
$280,031
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$499,920

Purchase Details

Closed on
Dec 15, 2014
Sold by
Bought by

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
Bought by

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
Bought by

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
Bought by

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$425,000 --
$366,000 --
-- --
$295,000 --
$226,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $340,000
Previous Owner $292,800
Previous Owner $215,000
Previous Owner $195,000
Previous Owner $200,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,254 $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

Georgia Forsyth County Cumming 30040

7240 Gresham Trace, Cumming, GA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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