NOT LISTED FOR SALE

7325 Margate Ct Cumming, GA 30040

Estimated Value: $760,000 - $797,000

5 Beds
4.5 Baths
3,374 Sq Ft
$231/Sq Ft Est. Value

Last Sold March 29, 2018

Last sale price $405,000 $120 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $4,614/month

72 Days on Market

Highlights

  • Built in 2018 | Newly Remodeled
  • Craftsman Architecture
  • Loft
  • DeSana Middle School Rated A
  • Wood Flooring
  • Stone Countertops

About This Home

As of March 2018

March 2018 closing! 1 of 2 remaining slab homes. From its cul-de-sac location, overlooking the homes behind to its well thought out design and finishes, its a place anyone would be happy to call home. Call to schedule your appointment today!

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 12/20/2017

Mark Spain Real Estate

Last Buyer's Agent

Sekhar Thadiparthi

Sekhars Realty, LLC. License #344359

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.28

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Craftsman Architecture
  • Ridge Vents on the Roof
  • Composition Roof
  • Brick Front

Interior Spaces

  • 3,374 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Loft
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Butlers Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Midway - Forsyth Elementary School
  • Desana Middle School
  • West Forsyth High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Energy-Efficient HVAC
  • Cul-De-Sac

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 64 / 01
  • Assessor Parcel Number 084 344

Community Details

Overview

  • $750 Initiation Fee
  • Ashford Manor Enclave Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0.28 Acres

HOA Fees

$50 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Condition: New Construction
  • Year Built: 2018
  • Levels Stories: Two
  • Special Features: NewHome
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Main, Tray Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Loft, Office
  • Dining Room Features: Butlers Pantry, Separate Dining Room
  • Square Footage: 3374.00

Beds/Baths

  • Total Bedrooms: 5
  • Main Bedrooms: 1
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick Front
  • Roof Type: Composition, Ridge Vents
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Door Opener, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Laundry Room, Upper Floor

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: Ashford Manor Enclave

Lot Info

  • Lot: 64
  • Lot Features: Cul-De-Sac
  • Parcel Number: 084 344
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC

Rental Info

  • Initiation Fee: 750

Tax Info

  • Tax Year: 2016

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Midway - Forsyth
  • High School: West Forsyth
  • Middle School: DeSana

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2024
Sold by
Bonagiri Venkata Ratna Kumar and Bonagiri Vishnu Priyanka
Bought by
Bonagiri Family Revocable Living Trust and Bonagiri
Current Estimated Value
$780,612

Purchase Details

Listed on
Dec 20, 2017
Closed on
Mar 29, 2018
Sold by
Pulte Home Co Llc
Bought by
Bonagirl Venkata Ratna Kumar and Bonagiri Vishnu Priyanka
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Sekhar Thadiparthi
Sekhars Realty, LLC.
List Price
$446,405
Sold Price
$405,000
Premium/Discount to List
-$41,405
-9.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%
Original Mortgage
$384,750
Interest Rate
4.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bonagiri Family Revocable Living Trust -- None Listed On Document
Bonagirl Venkata Ratna Kumar $405,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bonagirl Venkata Ratna Kumar $384,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2018 03/29/18 Sold $405,000 -2.2% $120 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
03/02/2018 03/02/18 Price Changed $413,990 -1.9% $123 / Sq Ft
02/16/2018 02/16/18 Price Changed $422,000 -6.6% $125 / Sq Ft
02/05/2018 02/05/18 Price Changed $451,655 +0.7% $134 / Sq Ft
01/25/2018 01/25/18 Price Changed $448,505 +0.5% $133 / Sq Ft
12/20/2017 12/20/17 For Sale $446,405 -- $132 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $6,040 $310,508 $74,000 $236,508
2024 $6,040 $278,784 $68,000 $210,784
2023 $5,226 $251,932 $60,000 $191,932
2022 $5,511 $169,288 $44,800 $124,488
2021 $4,584 $169,288 $44,800 $124,488
2020 $4,423 $163,448 $40,000 $123,448
2019 $4,390 $162,000 $79,200 $82,800
2018 $2,375 $85,888 $42,000 $43,888
2017 $1,166 $42,000 $42,000 $0
2016 $888 $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Spain

    Seller's Agent in 2018

    Mark Spain

    Mark Spain

    (678) 537-8980

    229 in this area

    9,720 Total Sales

    Mark Spain
    Section Image
  • Sekhar Thadiparthi

    Buyer's Agent in 2018

    Sekhar Thadiparthi

    Sekhars Realty, LLC.

    (404) 808-9978

    278 in this area

    614 Total Sales

    Sekhar Thadiparthi
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5944294

First Multiple Listing Service (FMLS)

APN: 084-344

Georgia Forsyth County Cumming 30040

7325 Margate Ct, Cumming, GA

Not Listed for Sale

Detached

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