NOT LISTED FOR SALE

7245 Gresham Trace Cumming, GA 30040

Estimated Value: $731,000 - $883,000

5 Beds
5 Baths
3,379 Sq Ft
$242/Sq Ft Est. Value

About This Home

This home is located at 7245 Gresham Trace, Cumming, GA 30040 and is currently estimated at $818,163, approximately $242 per square foot. 7245 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
Aug 24, 2020
Sold by
Webb Katy Orourke
Bought by
Webb Katy Orourke and Webb Joseph T
Current Estimated Value
$818,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Outstanding Balance
$312,167
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$532,353

Purchase Details

Closed on
Mar 31, 2008
Sold by
Tomlinson Simon
Bought by
Grantier David R and Grantier Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 1997
Sold by
J O C Prop Inc
Bought by
Lee Richard H and Lee Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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

Date Buyer Sale Price Title Company
Webb Katy Orourke -- --
Webb Katy Orourke $470,000 --
Grantier David R $370,000 --
Lee Richard H $237,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webb Katy Orourke $345,000
Closed Webb Katy Orourke $345,000
Previous Owner Grantier David R $278,000
Previous Owner Grantier David R $293,600
Previous Owner Grantier David R $296,000
Previous Owner Tomlinson Simon $262,500
Previous Owner Lee H Richard $100,000
Previous Owner Lee H Richard $50,000
Previous Owner Lee H Richard $180,000
Previous Owner Lee H Richard $50,000
Previous Owner Lee Richard H $150,000
Source: Public Records

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 $7,129 $340,036 $60,000 $280,036
2023 $5,867 $286,456 $60,000 $226,456
2022 $6,182 $188,000 $38,280 $149,720
2021 $5,091 $188,000 $38,280 $149,720
2020 $4,783 $186,500 $30,000 $156,500
2019 $4,613 $177,924 $30,000 $147,924
2018 $4,539 $173,748 $30,000 $143,748
2017 $4,099 $152,096 $30,000 $122,096
2016 $3,967 $146,096 $24,000 $122,096
2015 $3,974 $146,096 $24,000 $122,096
2014 $3,453 $133,720 $22,000 $111,720
Source: Public Records

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