NOT LISTED FOR SALE

7320 Timberline Overlook Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $435,000 - $465,000

4 Beds
3 Baths
2,199 Sq Ft
$207/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $226,000 $103 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,775/month

33 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Combination Dining and Living Room
  • Chattahoochee Elementary School Rated A
  • Tennis Courts
  • Family Room

About This Home

As of July 2014

Gorgeous home in desirable Forsyth County near Lake Lanier with Mountain Views. Home offers a spacious Family Room with Fireplace, Kitchen includes Granite Counter Tops, White Hardwood Finished Cabinets. Large Master Bedroom on main floor. New Roof with Architectural Shingles. Wrap around Front Porch. Spacious Back Deck. Quiet Family Neighborhood. Low Forsyth County Taxes. Professionally Landscaped, Fenced and Level Back Yard. Pool, Tennis Courts, Clubhouse and Community Play Area. Charleston Park/Lake Lanier Public Boat Launch just 5 minute drive (3 miles).

Last Agent to Sell the Property

Paul Whitney

Triune Realty License #272680 Listed on: 05/29/2014

Last Buyer's Agent

David Sanders

HOME North Atlanta License #161736

HOME North Atlanta

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,315

Year Built

  • 2001

Lot Details

  • 0.47

Interior Spaces

  • Family Room
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Utilities

  • Underground Utilities
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 39

Community Details

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Property has a Home Owners Association
  • Clubhouse

Property Details

Home Type

Other

Est. Annual Taxes

$4,315

Year Built

2001

Lot Details

0

Listing Details

  • District: 2ND
  • Section: 1ST
  • Special Features: None
  • Year Built: 2001

Interior Features

  • Fireplaces: 1
  • Fireplace(s): 1, In Great/Family Room, Factory Built, Gas Starter
  • Main Floor Bedrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Basement: Bath Stubbed, Daylight, Inside Entrance, Outside Entrance, Full
  • Equipment: Smoke/Fire Alarm
  • Kitchen Equipment: Dishwasher, Garbage Disposal, Icemaker Line, Built-In Microwave, Range/Oven, Refrigerator
  • Interior Amenities: Cable In Street, Cable TV Connections, Vaulted Ceilings, Double Vanity, 2 Story Foyer, Entrance Foyer, Hardwood Floors, Separate Shower, Tile Floors, Walk-in Closet, Wall-to-wall Carpet, Whirlpool Bath
  • Laundry Location: Kitchen Area
  • Laundry Type: Room
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Pantry, Solid Surface Counters

Exterior Features

  • Roof: Composition, Tar/Gravel
  • Exterior Features: Deck/Patio, Fenced Yard, Garden Area, Porch
  • Construction: Concrete Siding, Stone

Garage/Parking

  • Parking: 2 Car, Attached, Auto Garage Door, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central, Zoned/Dual
  • Heating Fuel: Gas
  • Heating: Central, Zoned/Dual
  • Energy Features: Gas Water Heater
  • Water/Sewer: Public Water, Septic Tank

Condo/Co-op/Association

  • HOA Fees: 500
  • HOA Fee Frequency: Annual
  • Fees Include: Bldg & Liability Insurance, Grounds Maintenance, Management Fee, Reserve Fund, Swimming, Tennis

Association/Amenities

  • Amenities: Clubhouse, Neighborhood Association, Playground, Pool, Street Lights, Tennis Courts, Underground Utilities

Schools

  • Elementary Bus Line: Yes
  • High School Bus: Yes
  • Middle School Bus: Yes
  • Elementary School: Chestatee Primary / Forsyth / Forsyth County, GA
  • Middle School: Little Mill / Forsyth / Forsyth County, GA
  • High School: North Forsyth / Forsyth / Forsyth County, GA

Lot Info

  • Lot Description: Level Lot, Mountain View, Private Backyard
  • Lot Size: 1/3 - 1/2 Acre
  • Land Lot: 802
  • Lot: 39
  • Unit/Lot Number: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2014
Closed on
Jul 31, 2014
Sold by
Raish Travis W
Bought by
Volle Greg G and Volle Janna L
Seller's Agent
Paul Whitney
Triune Realty
Buyer's Agent
David Sanders
HOME North Atlanta
List Price
$229,000
Sold Price
$226,000
Premium/Discount to List
-$3,000
-1.31%
Current Estimated Value
$455,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,608
Avg. Annual Appreciation
6.48%
Original Mortgage
$214,700
Outstanding Balance
$164,014
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$291,594

Purchase Details

Closed on
Aug 31, 2004
Sold by
Hud
Bought by
Raish Travis W and Raish Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,089
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2004
Sold by
Wells Fargo Home Mtg Inc
Bought by
Sec Of Housing & Urban Devel

Purchase Details

Closed on
May 2, 2001
Sold by
Custom One Homes Llc
Bought by
Ranier John A and Ranier Heidi D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,566
Interest Rate
6.98%
Mortgage Type
FHA
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
Volle Greg G $226,000 --
Raish Travis W -- --
Sec Of Housing & Urban Devel -- --
Ranier John A $176,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Volle Greg G $214,700
Previous Owner Raish Travis W $124,089
Previous Owner Ranier John A $173,566
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2014 07/31/14 Sold $226,000 -1.3% $103 / Sq Ft
07/02/2014 07/02/14 Pending -- -- --
05/29/2014 05/29/14 For Sale $229,000 -- $104 / 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 $4,315 $182,544 $48,000 $134,544
2024 $4,315 $175,944 $40,000 $135,944
2023 $4,256 $172,924 $40,000 $132,924
2022 $3,402 $101,792 $18,000 $83,792
2021 $2,811 $101,792 $18,000 $83,792
2020 $2,715 $98,328 $18,000 $80,328
2019 $2,679 $96,864 $18,000 $78,864
2018 $2,594 $93,800 $18,000 $75,800
2017 $2,446 $88,144 $18,000 $70,144
2016 $2,149 $77,424 $12,000 $65,424
2015 $2,039 $73,344 $12,000 $61,344
2014 $1,535 $61,252 $12,000 $49,252
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Paul Whitney

    Triune Realty

    (404) 966-8862

    4 Total Sales

    Paul Whitney
    Section Image
  • David Sanders

    Buyer's Agent in 2014

    David Sanders

    HOME North Atlanta

    (404) 285-0929

    34 Total Sales

    David Sanders
    Section Image
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Map

Source: Georgia MLS

MLS Number: 07278081

Georgia MLS

APN: 283-156

Georgia Forsyth County Cumming 30041 Lake Lanier

7320 Timberline Overlook, Cumming, GA

This home is located at 7320 Timberline Overlook, Cumming, GA 30041 since 29 May 2014 and is currently estimated at $455,608, approximately $207 per square foot. This property was built in 2001. 7320 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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