NOT LISTED FOR SALE

7245 Gresham Trace Cumming, GA 30040

Estimated Value: $826,000 - $874,000

5 Beds
5 Baths
3,379 Sq Ft
$252/Sq Ft Est. Value

About This Home

This home is located at 7245 Gresham Trace, Cumming, GA 30040 and is currently estimated at $849,940, approximately $251 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

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
Aug 24, 2020
Sold by
Bought by
Current Estimated Value
$849,940

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
$543,901

Purchase Details

Closed on
Mar 31, 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
$296,000
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 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
$150,000
Interest Rate
7.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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

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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

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
-- --
$470,000 --
$370,000 --
$237,600 --
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 $345,000
Closed $345,000
Previous Owner $296,000
Previous Owner $150,000
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 $7,051 $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

Georgia Forsyth County Cumming 30040

7245 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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