NOT LISTED FOR SALE

7280 Timber Trail Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $1,403,526 - $1,485,000

4 Beds
3 Baths
3,817 Sq Ft
$381/Sq Ft Est. Value

About This Home

This home is located at 7280 Timber Trail, Cumming, GA 30041 and is currently estimated at $1,452,632, approximately $380 per square foot. 7280 Timber Trail is a home located in Forsyth County with nearby schools including Chattahoochee Elementary School and Little Mill Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2025
Sold by
Morrisey Terrance G and Morrisey Elizabeth
Bought by
Shelton Benjamin M
Current Estimated Value
$1,452,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$500,000
Interest Rate
6.67%
Estimated Equity
$952,632
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Shelton Benjamin M $1,460,000 None Listed On Document
Morrisey Elizabeth -- None Listed On Document
Shelton Benjamin M $1,460,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shelton Benjamin M $500,000
Closed Shelton Benjamin M $500,000
Open Shelton Benjamin M $806,500
Closed Shelton Benjamin M $806,500
Previous Owner Morrisey Terrance G $200,000
Previous Owner Morrisey Terrance G $25,000
Previous Owner Morrison Terrance G $220,000
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 $8,343 $427,888 $170,000 $257,888
2023 $7,357 $387,108 $136,000 $251,108
2022 $7,686 $262,768 $119,000 $143,768
2021 $6,348 $262,768 $119,000 $143,768
2020 $6,190 $255,108 $119,000 $136,108
2019 $5,546 $223,484 $88,400 $135,084
2018 $5,501 $219,940 $88,400 $131,540
2017 $5,168 $203,124 $88,400 $114,724
2016 $5,096 $199,724 $85,000 $114,724
2015 $4,746 $182,724 $68,000 $114,724
2014 $4,642 $190,088 $0 $0
Source: Public Records

Map

Georgia Forsyth County Cumming 30041 Lake Lanier

7280 Timber Trail, Cumming, GA

This home is located at 7280 Timber Trail, Cumming, GA 30041 and is currently estimated at $1,452,632, approximately $380 per square foot. 7280 Timber Trail is a home located in Forsyth County with nearby schools including Chattahoochee Elementary School and Little Mill Middle School.

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