$370,000
SOLD SEP 18, 2014

7255 Gresham Trace Cumming, GA 30040

5 Beds
4.5 Baths
3,173 Sq Ft
0.5 Acres

Recently Sold

$117 Per Sq Ft

2% Below List Price

7 Days on Market

Highlights

  • Open-Concept Dining Room
  • Home Theater
  • Private Lot
  • Vickery Creek Middle School Rated A
  • Deck
  • Traditional Architecture

About This Home

As of August 2023

One of the largest homes in the subdivision. Features include newly refinished hardwoods on main, updated kitchen and secondary bath, finished basement with large wood bar, media room, full bath, and x-large bedroom, newer roof, special whole house air filtration system, and newly painted exterior. Fabulous private cul-de-sac lot in sought after Sheffield subdivision. Award winning Forsyth County schools, sport complexes and easy access to GA 400.

Last Agent to Sell the Property

Marie T Stovall

Number One Realty, Inc. License #171999 Listed on: 07/29/2014

Last Buyer's Agent

Elisa Picard

Atlanta Fine Homes Sotheby's International License #345695

Atlanta Fine Homes Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,952

Year Built

  • Built in 1997

Lot Details

  • Lot Dimensions are 97x218x96x216
  • Cul-De-Sac
  • Fenced
  • Private Lot
  • Irrigation Equipment

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,173 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Open-Concept Dining Room
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Home Theater
  • Home Office
  • Game Room
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 7255GreshamTRCE

Community Details

Overview

  • $150 Initiation Fee
  • Sheffield Subdivision

Recreation

  • Tennis Courts
  • Swim or tennis dues are required
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,952

Year Built

Built in 1997

Lot Details

0

HOA Fees

$52 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1997
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Factory Built, Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Double Oven, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven
  • Interior Amenities: Cathedral Ceiling(s), Double Vanity, Entrance Foyer, Entrance Foyer 2 Story, High Ceilings 9 ft Main, High Speed Internet, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Full
  • Kitchen Features: Breakfast Room, Cabinets Other, Eat-in Kitchen, Pantry Walk-In, Solid Surface Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Game Room, Great Room - 1 Story, Living Room, Media Room, Office
  • Dining Room Features: Open Concept, Seats 12+
  • Square Footage: 3173.00
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Split Bedroom Plan
  • Lower Bedrooms: 1
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Construction Materials: Stucco
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm, Security System Owned, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Natural Gas, Zoned
  • Laundry Features: Main Level
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Homeowners Assoc, Park, Pool, Street Lights, Tennis Court(s)
  • Association Fee: 625
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Subdivision Complex: Sheffield

Schools

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

Lot Info

  • Lot: 53
  • Land/Lot: 250
  • Section G M D: 1
  • Deed Book: 1151
  • Deed Page: 129
  • Plat Book: 48
  • Plat Page: 274
  • Lot Features: Cul-De-Sac, Private
  • Lot Dimensions: 97x218x96x216
  • Parcel Number: 7255GreshamTRCE
  • Property Attached Yn: No

Green Features

  • Efficiency: Insulation, Windows

Rental Info

  • Initiation Fee: 150

Tax Info

  • Taxes: 2952.00
  • Assessor Parcel Number: 015-000-203
  • Close Date: 2014-09-18
  • Tax Year: 2013

MLS Schools

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

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
Keller Williams Realty Cityside
List Price
$799,000
Sold Price
$825,000
Premium/Discount to List
$26,000
3.25%
Total Days on Market
7
Current Estimated Value
$828,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,211
Avg. Annual Appreciation
0.21%
Original Mortgage
$735,277
Outstanding Balance
$722,762
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
$105,449

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
7.80%
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

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
6.49%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $825,000 None Listed On Document
Special Warranty Deed $520,000 None Listed On Document
Warranty Deed -- --
Warranty Deed $370,000 --
Quit Claim Deed -- --
Deed $254,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $735,277 VA
Previous Owner $296,000 New Conventional
Previous Owner $150,000 Stand Alone Second
Previous Owner $238,000 Stand Alone Second
Previous Owner $200,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $300,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $203,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
08/19/2014 08/19/14 Pending -- -- --
07/29/2014 07/29/14 For Sale $378,900 -- $119 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $7,506 $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: First Multiple Listing Service (FMLS)

MLS Number: 5324540

First Multiple Listing Service (FMLS)

APN: 015-203