NOT LISTED FOR SALE

7315 Timberline Overlook Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $474,000 - $517,536

5 Beds
3.5 Baths
3,500 Sq Ft
$142/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $430,000 $123 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,028/month

35 Days on Market

Highlights

  • Deck
  • Wood Burning Stove
  • Traditional Architecture
  • Chattahoochee Elementary School Rated A
  • Private Lot
  • Wood Flooring

About This Home

As of March 2023

SELLER IS OFFERING $5,000 ANY WAY YOU WANT IT- CLOSING COSTS, BUY DOWN THE RATE, ETC. Located in the heart of the East Forsyth District, a stone's throw from Lake Lanier and Highway 400, this beautiful home is ready for a new owner! This home has been recently updated with new paint throughout, updated bathrooms, lighting, rebuilt deck and more! As you enter the home you'll find a flex space perfect for an office, beautiful dining room, and open kitchen/family room area with wood burning fireplace and plenty of space for gatherings. The kitchen boasts beautiful granite countertops and high quality cabinets. Also on the main level is a bedroom with bathroom and laundry. Upstairs the large master with updated bathroom is not one to miss, 2 more bedrooms, full bathroom and bonus room that can easily be a bedroom or extra hang out space. And last but not least is the FINISHED BASEMENT with another bedroom, full bathroom, media room, storage room, and flex space that includes its own entrance to the back yard. Timberline on Lanier is a beautiful neighborhood with large lots, mature trees, pool, tennis and location, location, location. Don't miss out! BRING OFFERS!

Last Agent to Sell the Property

Laura Collier

Keller Williams Lanier Partners License #389294 Listed on: 12/28/2022

Keller Williams Lanier Partners

Last Buyer's Agent

Brittany McQueen

Keller Williams Community Partners License #413821

Keller Williams Community Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,668

Year Built

  • Built in 1999

Lot Details

  • 0.57 Acre Lot
  • Back Yard Fenced
  • Private Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Siding
  • Brick Front

Interior Spaces

  • 3,500 Sq Ft Home
  • 3-Story Property
  • Wood Burning Stove
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Home Gym

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry closet
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Chattahoochee Elementary School
  • Little Mill Middle School
  • East Forsyth High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Septic Tank
  • Cable TV Available

Additional Features

  • Deck
  • Property is near schools

Listing and Financial Details

  • Tax Lot 3

Community Details

Overview

  • $600 Initiation Fee
  • Association fees include reserve fund, swimming, tennis
  • Timberline At Lake Lanier Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,668

Year Built

Built in 1999

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • ArchitecturalStyle: Brick Front, Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: Conventional
  • Levels: Three Or More
  • Lot Size Acres: .57
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 3500
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Microwave
  • Bedrooms: 5
  • Dining Room Features: Separate Room
  • Basement: Exterior Entry, Finished, Full
  • Total Finished Sq Ft: 3500
  • Above Grade Finished Sq Ft: 3500
  • Interior Amenities: Walk-In Closet(s), Split Bedroom Plan
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Gas Starter, Wood Burning Stove
  • Flooring: Hardwood, Carpet
  • Kitchen Features: Breakfast Bar, Solid Surface Counters
  • Price Per Square Foot: 122.86

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Bedroom Lower Level: 1
  • Bedroom Main Level: 1

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Concrete
  • Fencing: Back Yard
  • Lot Features: Private
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Laundry Closet
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 600
  • Association: Yes
  • Community Features: Pool, Tennis Court(s), Walk To Schools

Fee Information

  • Initiation Fee: 600
  • Association Fee Includes: Reserve Fund, Swimming, Tennis

Schools

  • Elementary School: Chattahoochee
  • High School: East Forsyth
  • Middle School: Little Mill
  • Elementary School: Chattahoochee
  • Middle School: Little Mill
  • High School: East Forsyth

Lot Info

  • Land Lot: 3
  • Lot: 3
  • Deed Book: 6216
  • Deed Page: 502
  • Plat Book: 48
  • Plat Page: 109

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2668

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2022
Closed on
Mar 1, 2023
Sold by
Preston Joshua I
Bought by
Higgins Brendan James and Higgins Sandra Beth
Seller's Agent
Laura Collier
Keller Williams Lanier Partners
Buyer's Agent
Brittany McQueen
Keller Williams Community Partners
List Price
$449,000
Sold Price
$430,000
Premium/Discount to List
-$19,000
-4.23%
Views
174
Current Estimated Value
$495,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,384
Avg. Annual Appreciation
5.62%
Original Mortgage
$395,600
Outstanding Balance
$383,225
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$112,159

Purchase Details

Closed on
Jul 21, 2003
Sold by
Preston Joshua I
Bought by
Preston Joshua I and Preston Bethany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,500
Interest Rate
5.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2002
Sold by
Thies Thomas J
Bought by
Preston Joshua I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Interest Rate
6.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 1999
Sold by
Custom One Homes Llc
Bought by
Theis Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,900
Interest Rate
7.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Higgins Brendan James $430,000 --
Preston Joshua I -- --
Preston Joshua I $182,500 --
Theis Thomas J $179,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higgins Brendan James $395,600
Previous Owner Preston Joshua I $182,500
Previous Owner Preston Joshua I $179,200
Previous Owner Theis Thomas J $159,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $430,000 -4.2% $123 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
12/28/2022 12/28/22 For Sale $449,000 -- $128 / 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 $4,218 $206,672 $48,000 $158,672
2024 $4,218 $172,000 $34,320 $137,680
2023 $3,240 $181,020 $40,000 $141,020
2022 $3,083 $107,812 $18,000 $89,812
2021 $2,668 $107,812 $18,000 $89,812
2020 $2,589 $103,960 $18,000 $85,960
2019 $2,560 $102,348 $18,000 $84,348
2018 $2,616 $104,456 $18,000 $86,456
2017 $2,455 $96,348 $18,000 $78,348
2016 $2,216 $85,028 $12,000 $73,028
2015 $2,120 $80,308 $12,000 $68,308
2014 $1,887 $74,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laura Collier

    Seller's Agent in 2023

    Laura Collier

    Keller Williams Lanier Partners

    (317) 379-3273

    30 in this area

    114 Total Sales

    Laura Collier
    Section Image

  • B

    Buyer's Agent in 2023

    Brittany McQueen

    Keller Williams Community Partners

    Section Image
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Map

Source: Georgia MLS

MLS Number: 10118375

Georgia MLS

APN: 283-120

Georgia Forsyth County Cumming 30041 Lake Lanier

7315 Timberline Overlook, Cumming, GA

This home is located at 7315 Timberline Overlook, Cumming, GA 30041 since 28 December 2022 and is currently estimated at $495,384, approximately $141 per square foot. This property was built in 1999. 7315 Timberline Overlook is a home located in Forsyth County with nearby schools including Chattahoochee Elementary School, Little Mill Middle School, and Cornerstone Schools.

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