NOT LISTED FOR SALE

7255 Gresham Trace Cumming, GA 30040

Estimated Value: $832,000 - $865,615

5 Beds
4.5 Baths
4,950 Sq Ft
$171/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $825,000 $167 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,071/month

1 Day on Market

Highlights

  • Dining Room Seats More Than Twelve
  • Clubhouse
  • Private Lot
  • Vickery Creek Middle School Rated A
  • Deck
  • Vaulted Ceiling

About This Home

As of August 2023

Welcome to your dream home! This completely renovated beauty sits on a flat, private, and meticulously landscaped cul-de-sac lot, offering a serene and tranquil living experience. As you approach the house, you are greeted by a charming front porch, setting the tone for the warm and inviting atmosphere that awaits inside. Step through the freshly stained custom glass double doors into the elegant two-story foyer, which is flanked by a private home office and a sophisticated formal living room that seamlessly connects to the spacious dining room, perfect for hosting gatherings and special occasions. Prepare to be amazed by the beautifully updated kitchen, adorned with top-of-the-line black stainless steel appliances that will delight any chef. The kitchen also boasts champagne gold plumbing fixtures, including a convenient pot filler, adding a touch of luxury to your culinary experience. The eat-in kitchen area, surrounded by large windows, allows for delightful views of the private, landscaped, and fenced back yard while you enjoy your meals. Moving on to the family room, you'll find yourself drawn to the captivating palladian windows that overlook the backyard, flooding the room with natural light. The stone fireplace adds a cozy ambiance, creating the perfect spot to unwind after a long day. An additional staircase leads you to the upper level, where you'll discover four bedrooms and three bathrooms. The spacious secondary bedroom is a true gem, offering a private en suite and a walk-in closet, ensuring your guests or family members feel right at home. Two other bedrooms on this level share a well-appointed bathroom, featuring fresh tile, designer vanity, and updated plumbing fixtures. As you make your way down the hall, the private primary bedroom beckons with two separate walk-in closets complete with custom cabinetry, ensuring you have ample storage space. The primary spa bathroom is a sanctuary in itself, designed with meticulous attention to detail, boasting dual natural wood vanities, a free-standing tub with a floor-mounted and hand sprayer Delta faucet, and a luxurious glass-enclosed tiled shower. But that's not all! The finished daylight terrace level awaits your personal touch, perfect for creating unforgettable game nights, movie marathons, and sleepovers. It features an oversized bedroom with a tray ceiling and an exterior entry, a freshly updated full bathroom with a walk-in tile shower, and a custom wood wet bar for entertaining in style. Storage space abounds, making organization a breeze. This remarkable home also boasts exterior lighting and an irrigation system with a new control panel, keeping the landscaping looking its best year-round. For those with furry friends or allergies, the two central air purification systems will ensure a breath of fresh air throughout the home. Nestled in the highly sought-after Vickery and West Forsyth school district, this residence is perfectly located for families seeking top-notch education for their children. Step outside to enjoy the abundance of outdoor living space, from the welcoming front porch to the back deck with a natural gas connection. You'll love the steps leading down to the two-level backyard and the clever under-decking, creating additional dry outdoor living space. Your new community comes complete with an impressive array of amenities, including a pool with a delightful mushroom fountain, tennis courts, a playground, and a picnic area. The pavilion, overlooking the basketball courts, soccer field, and baseball diamond, is perfect for gatherings and creating cherished memories with friends and neighbors. Meticulously maintained and offering a plethora of features, this home is ready and waiting for you to move in and start creating a lifetime of cherished memories. Don't miss the opportunity to make this exquisite residence your own!

Last Agent to Sell the Property

Lynsey Hackett

Atlanta Fine Homes - Sotheby's Int'l License #281013 Listed on: 07/20/2023

Atlanta Fine Homes - Sotheby's Int'l

Last Buyer's Agent

Alison Thomas

Atlanta Communities License #380509

Atlanta Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,155

Year Built

  • Built in 1997 | Remodeled

Lot Details

  • 0.5 Acre Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Private Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stone Siding
  • Stucco
  • Stone

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Rear Stairs
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Office
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Breakfast Room
  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Double Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Soaking Tub
  • Bathtub Includes Tile Surround
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near schools

Schools

  • Vickery Creek Elementary And Middle School
  • West Forsyth High School

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 53

Community Details

Overview

  • Property has a Home Owners Association
  • $500 Initiation Fee
  • Association fees include maintenance exterior, ground maintenance, swimming
  • Sheffield Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,155

Year Built

Built in 1997 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Section: 1ST
  • Year Built: 1997
  • ArchitecturalStyle: Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: VA
  • Levels: Three Or More
  • Lot Size Acres: .50
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 4950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Double Oven, Gas Water Heater, Ice Maker, Microwave, Oven (Wall), Refrigerator
  • Bedrooms: 5
  • Dining Room Features: Seats 12+, Separate Room
  • Basement: Bath Finished, Concrete, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Below Grade Finished Sq Ft: 1750
  • Total Finished Sq Ft: 3200
  • Above Grade Finished Sq Ft: 3200
  • Interior Amenities: Double Vanity, In-Law Floorplan, Pulldown Attic Stairs, Rear Stairs, Separate Shower, Soaking Tub, Split Bedroom Plan, Tile Bath, Tray Ceiling(s), Two Story Foyer, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Gas Log
  • Flooring: Carpet, Hardwood
  • Kitchen Features: Breakfast Area, Breakfast Bar, Breakfast Room, Solid Surface Counters, Walk-in Pantry

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Bedroom Lower Level: 1

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Stone, Stucco
  • ExteriorFeatures: Sprinkler System
  • Fencing: Back Yard, Fenced
  • Lot Features: Cul-De-Sac, Level, Private
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage, Garage Door Opener

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Hot Water
  • Laundry Features: Other
  • Security Features: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: High Speed Internet, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Park, Playground, Pool, Street Lights, Tennis Court(s), Walk To Schools

Fee Information

  • Initiation Fee: 500
  • Association Fee Includes: Maintenance Exterior, Maintenance Grounds, Swimming

Schools

  • Elementary School: Vickery Creek
  • High School: West Forsyth
  • High School Bus: Yes
  • Middle School: Vickery Creek
  • Middle School Bus: Yes

Lot Info

  • Land Lot: 250
  • Lot: 53

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6155

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Aug 18, 2023
Sold by
Mk Development Llc
Bought by
Foreman Nicholas J and Henson Christine M
Seller's Agent
Lynsey Hackett
Atlanta Fine Homes - Sotheby's Int'l
Buyer's Agent
Alison Thomas
Atlanta Communities
List Price
$799,000
Sold Price
$825,000
Premium/Discount to List
$26,000
3.25%
Current Estimated Value
$845,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,904
Avg. Annual Appreciation
1.08%
Original Mortgage
$735,277
Outstanding Balance
$718,523
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
$127,381

Purchase Details

Closed on
May 8, 2023
Sold by
Janice H Ligon Living Trust
Bought by
Mk Development Llc

Purchase Details

Closed on
May 30, 2018
Sold by
Ligon Janice H
Bought by
Ligon & Laraque Donna Trustee and Ligon Janice H Liv Tr

Purchase Details

Listed on
Jul 29, 2014
Closed on
Sep 18, 2014
Sold by
Osborne Toni L
Bought by
Ligon Janice H
Seller's Agent
Marie T Stovall
Number One Realty, Inc.
Buyer's Agent
Elisa Picard
Atlanta Fine Homes Sotheby's International
List Price
$378,900
Sold Price
$370,000
Premium/Discount to List
-$8,900
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$296,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2002
Sold by
Osborne Charles A
Bought by
Osborne Toni I

Purchase Details

Closed on
Jul 31, 1997
Sold by
Reynolds & Reynolds Prop
Bought by
Osborne Charles A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,750
Interest Rate
7.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Foreman Nicholas J $825,000 None Listed On Document
Mk Development Llc $520,000 None Listed On Document
Ligon & Laraque Donna Trustee -- --
Ligon Janice H $370,000 --
Osborne Toni I -- --
Osborne Charles A $254,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foreman Nicholas J $735,277
Previous Owner Ligon Janice H $296,000
Previous Owner Osborne Charles A $203,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2023 08/18/23 Sold $825,000 +3.3% $167 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $799,000 +115.9% $161 / Sq Ft
09/18/2014 09/18/14 Sold $370,000 -2.3% $117 / Sq Ft View Prior Sale
08/19/2014 08/19/14 Pending -- -- --
07/29/2014 07/29/14 For Sale $378,900 -- $119 / Sq Ft
Source: Georgia MLS

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
2025 $7,506 $340,452 $64,000 $276,452
2024 $7,506 $330,000 $57,840 $272,160
2023 $6,445 $261,836 $60,000 $201,836
2022 $6,155 $179,440 $40,000 $139,440
2021 $4,955 $179,440 $40,000 $139,440
2020 $4,866 $176,220 $30,000 $146,220
2019 $4,769 $172,444 $30,000 $142,444
2018 $902 $165,588 $30,000 $135,588
2017 $898 $151,176 $30,000 $121,176
2016 $889 $145,176 $24,000 $121,176
2015 $889 $145,176 $24,000 $121,176
2014 $2,946 $111,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10182918

Georgia MLS

APN: 015-203