NOT LISTED FOR SALE

7415 Shadburn Ferry Rd Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $969,000 - $1,070,000

5 Beds
3.5 Baths
3,440 Sq Ft
$295/Sq Ft Est. Value

Last Sold March 21, 2024

Last sale price $1,007,500 $293 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,084/month

4 Days on Market

Highlights

  • Boathouse
  • Lake Front
  • Boat Lift
  • Chattahoochee Elementary School Rated A
  • Docks
  • Open-Concept Dining Room

About This Home

As of March 2024

Welcome to your own slice of paradise on the deep water of Lake Lanier! This lakefront home offers an unparalleled lifestyle of tranquility and natural beauty, with no HOA. Situated on the south shores of Lake Lanier, this is a rare opportunity to embrace waterfront living at its finest. Your own enclosed dock with roof top deck, perfect for lazy afternoons spent fishing, boating, or simply relaxing by the water's edge. Whether it's swimming in the summer, cozying up by the fireplace in the winter, or enjoying vibrant spring blooms, this home provides year-round opportunities to appreciate the changing seasons. Conveniently located in Cumming, you'll have easy access to local amenities, schools, and shopping while still enjoying the privacy and serenity that all lakeside living affords.
The owner has recently put on a NEW roof, NEW deck, NEW carpet in the entire terrace level, updated the HVAC and put in a NEW hot water heater. This home features 3 levels of living. The main floor has a two-story great room with scenic view of the lake, open kitchen, den, screen porch and deck overlooking the shaded creek, and easy path to the water. Upstairs the owner’s suite is on one side and two other bedrooms with a share bath. The terrace level has a family room/play area with views and walk out to the lake. Plus two additional bedrooms, laundry room and bathroom.
Be in for spring time on the water!

Last Agent to Sell the Property

Emily Tate

Atlanta Fine Homes Sotheby's International License #385325 Listed on: 02/23/2024

Atlanta Fine Homes Sotheby's International

Last Buyer's Agent

Laura Collier

Keller Williams Lanier Partners License #389294

Keller Williams Lanier Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,918

Year Built

  • Built in 1975

Lot Details

  • 0.73 Acre Lot
  • Lake Front
  • Property borders a national or state park
  • Level Lot

Parking

  • Driveway Level

Property Views

  • Lake
  • Woods

Home Design

  • Cape Cod Architecture
  • Country Style Home
  • Cottage
  • Block Foundation
  • Composition Roof
  • Cement Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 3,440 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Second Story Great Room
  • Open-Concept Dining Room
  • Den
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • White Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Split Bedroom Floorplan

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Finished Basement Bathroom
  • Laundry in Basement
  • Natural lighting in basement

Outdoor Features

  • Boat Lift
  • Covered dock with two slips
  • Boathouse
  • Docks
  • Creek On Lot
  • Lake On Lot
  • Deck

Schools

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

Utilities

  • Central Air
  • Heating Available
  • 110 Volts
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 273 019

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,918

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Legal Description: 14-1 636
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod, Cottage, Country
  • Property Condition: Resale
  • Year Built: 1975
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Microwave
  • Interior Amenities: High Ceilings 10 ft Main
  • Basement: Daylight, Finished, Finished Bath, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets White
  • Common Walls: No Common Walls
  • Additional Rooms: Den, Great Room - 2 Story
  • Dining Room Features: Open Concept
  • Square Footage: 3440.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Oversized Master, Split Bedroom Plan
  • Lower Bedrooms: 2
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1

Exterior Features

  • Other Structures: Boat House
  • Construction Materials: Brick 4 Sides, Brick Veneer, Cement Siding
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Deck, Screened
  • View: Lake, Trees/Woods, Water
  • Pool Private: No
  • Foundation: Block

Garage/Parking

  • Parking Features: Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric
  • Laundry Features: In Basement
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Electric: 110 Volts

Schools

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

Lot Info

  • Acres: 0.7300
  • Deed Book: 10784
  • Deed Page: 54
  • Lot Features: Borders US/State Park, Creek On Lot, Lake On Lot, Level
  • Lot Dimensions: x
  • Parcel Number: 273 019
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 6918.00
  • Assessor Parcel Number: 273-000-019
  • Close Date: 2024-03-21
  • Tax Year: 2023

Multi Family

  • Waterfront Features: Lake Front

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Mar 21, 2024
Sold by
Theresa Hartrampf Horton Revocable Livin and Horton Theresa Hartrampf
Bought by
Walters Kevin and White Shannon
Seller's Agent
Emily Tate
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Laura Collier
Keller Williams Lanier Partners
List Price
$1,050,000
Sold Price
$1,007,500
Premium/Discount to List
-$42,500
-4.05%
Views
83
Current Estimated Value
$1,015,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,895
Avg. Annual Appreciation
0.50%
Original Mortgage
$600,000
Outstanding Balance
$590,516
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$424,879

Purchase Details

Closed on
Jun 30, 2022
Sold by
Horton James B
Bought by
James Buchanan Horton Revocable Living Trust and Theresa Hartrampf Horton Revocable Living Trust

Purchase Details

Closed on
Dec 16, 2021
Sold by
D R Horton Inc
Bought by
Horton Theresa M and Horton Gregory L

Purchase Details

Closed on
Sep 28, 2017
Sold by
Hall Joel B
Bought by
Horton James B and Horton Theresa H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,250
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 2014
Sold by
Hsbc Bank Usa Natioal Asso
Bought by
Hall Joel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2014
Sold by
Horton Theresa H
Bought by
Hsbc Bank Usa Natioal Associat

Purchase Details

Closed on
Feb 1, 2007
Sold by
Atlanta Connection Ent Inc
Bought by
Gilchrist Robert G and Gilchrist Elizabeth J
Source: Public Records

Range of Values:

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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
Walters Kevin -- None Listed On Document
Walters Kevin $1,007,500 None Listed On Document
James Buchanan Horton Revocable Living Trust -- Hill & Watchko Llc
Horton Theresa M -- None Listed On Document
Horton James B $400,000 --
Hall Joel B $385,000 --
Hsbc Bank Usa Natioal Associat $560,000 --
Gilchrist Robert G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walters Kevin $600,000
Previous Owner Horton James B $305,250
Previous Owner Hall Joel B $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2024 03/21/24 Sold $1,007,500 -4.0% $293 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $1,050,000 -- $305 / 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
2025 $8,413 $391,712 $200,000 $191,712
2024 $8,413 $373,700 $200,000 $173,700
2023 $6,918 $307,900 $160,000 $147,900
2022 $7,531 $243,792 $140,000 $103,792
2021 $6,732 $243,792 $140,000 $103,792
2020 $999 $239,652 $140,000 $99,652
2019 $5,619 $203,172 $104,000 $99,172
2018 $5,527 $196,332 $104,000 $92,332
2017 $6,125 $220,692 $104,000 $116,692
2016 $6,014 $216,692 $100,000 $116,692
2015 $4,281 $153,972 $73,332 $80,640
2014 $4,361 $168,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7341068

First Multiple Listing Service (FMLS)

APN: 273-019