7245 Gresham Trace Cumming, GA 30040
Estimated Value: $808,000 - $884,749
5
Beds
5
Baths
3,379
Sq Ft
$249/Sq Ft
Est. Value
About This Home
This home is located at 7245 Gresham Trace, Cumming, GA 30040 and is currently estimated at $842,437, approximately $249 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
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
$306,039
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$536,398
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
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 |
|---|---|---|---|
| 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 | $296,000 | |
| Previous Owner | Lee Richard H | $150,000 |
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 | $7,129 | $338,248 | $64,000 | $274,248 |
| 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
Map
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