NOT LISTED FOR SALE

7335 Margate Ct Cumming, GA 30040

Estimated Value: $816,000 - $864,000

5 Beds
3.5 Baths
3,554 Sq Ft
$235/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $404,225 $114 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $5,268/month

13 Days on Market

Highlights

  • Newly Remodeled
  • Craftsman Architecture
  • Loft
  • DeSana Middle School Rated A
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of September 2017

Beautiful Riverton floorplan on a private cul-de-sac homesite. This home boast a gourmet kitchen with stainless steel appliances, an illuminous sunroom & sensible guest suite on main with a walk-in shower. The perfect open space for entertainers.

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 07/24/2017

Mark Spain Real Estate

Last Buyer's Agent

Pradeep Pinnamareddy

NOT A VALID MEMBER License #353328

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,143

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 0.27

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Composition Roof
  • Brick Front

Interior Spaces

  • 3,554 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Living Room with Fireplace
  • Loft
  • Sun or Florida Room
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Laundry on upper level

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Front Porch
  • Cul-De-Sac

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 65
  • Assessor Parcel Number 084 345

Community Details

Overview

  • $750 Initiation Fee
  • Ashford Manor Enclave Subdivision

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,143

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

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, Traditional
  • Property Condition: New Construction
  • Year Built: 2017
  • Levels Stories: Two
  • Special Features: NewHome
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Range, Gas Water Heater, Microwave
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity, High Ceilings 9 ft Main, High Speed Internet, 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: Loft, Sun Room
  • Dining Room Features: Butlers Pantry
  • Square Footage: 3554.00

Beds/Baths

  • Total Bedrooms: 5
  • Main Bedrooms: 1
  • Total Full Baths: 3
  • 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
  • Patio And Porch Features: Front Porch

Garage/Parking

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

Utilities

  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: 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
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: Ashford Manor Enclave

Schools

  • Elementary School: Midway - Forsyth
  • Middle School: DeSana
  • High School: West Forsyth

Lot Info

  • Lot: 65
  • Lot Features: Cul-De-Sac
  • Parcel Number: 084 345
  • Property Attached Yn: No

Rental Info

  • Initiation Fee: 750

Tax Info

  • Assessor Parcel Number: 084-000-345
  • Close Date: 2017-09-22
  • Tax Year: 2017

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

Listed on
Jul 24, 2017
Closed on
Sep 22, 2017
Sold by
Pulte Home Co Llc
Bought by
Shah Viral Vinodkumar and Shah Urviben Viral
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Pradeep Pinnamareddy
NOT A VALID MEMBER
List Price
$428,400
Sold Price
$404,225
Premium/Discount to List
-$24,175
-5.64%
Current Estimated Value
$852,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,999
Avg. Annual Appreciation
9.65%
Original Mortgage
$384,013
Interest Rate
3.86%
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
Shah Viral Vinodkumar $404,225 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Viral Vinodkumar $337,000
Closed Shah Viral Vinodkumar $347,000
Closed Shah Viral Vinodkumar $352,000
Closed Shah Viral Vinodkumar $384,013
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2017 09/22/17 Sold $404,225 -3.4% $114 / Sq Ft
08/06/2017 08/06/17 Pending -- -- --
08/03/2017 08/03/17 Price Changed $418,400 -2.3% $118 / Sq Ft
07/24/2017 07/24/17 For Sale $428,400 -- $121 / 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 $6,143 $285,584 $68,000 $217,584
2023 $5,328 $258,492 $60,000 $198,492
2022 $5,612 $173,568 $44,800 $128,768
2021 $4,703 $173,568 $44,800 $128,768
2020 $4,539 $167,648 $40,000 $127,648
2019 $4,569 $168,488 $42,000 $126,488
2018 $4,384 $161,680 $42,000 $119,680
2017 $1,166 $42,000 $42,000 $0
2016 $888 $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5883683

First Multiple Listing Service (FMLS)

APN: 084-345