NOT LISTED FOR SALE

7430 Timberline Overlook Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $481,000 - $519,315

4 Beds
3.5 Baths
2,978 Sq Ft
$167/Sq Ft Est. Value

Last Sold April 05, 2023

Last sale price $455,000 $153 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,048/month

137 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Bonus Room
  • Chattahoochee Elementary School Rated A
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of April 2023

PRICE IMPROVEMENT!!!Original owners have meticulously maintained this traditional 2 story on fully finished basement with plenty of storage. Tons of upgrades including custom built in wall unit in formal living room. Updated kitchen with custom cabinets, granite countertops and stainless- steel appliances. Updated master bathroom with granite counter top and tiled shower and floor. Screened in back porch, deck and large walk out rear patio. Newer driveway. Huge fenced backyard. Gas furnace replaced 2022, newer AC units regularly maintained, water heater replaced 2019, roof replaced 2008. This swim and tennis community offers a quiet setting that is convenient to lake Lanier, shopping at the Avenue Forsyth and the Dawsonville Outlet Mall. Located in the new East Forsyth High school district. This home is a MUST SEE!

Last Agent to Sell the Property

Scott Smith

Maximum One Premier Realtors License #381925 Listed on: 11/03/2022

Maximum One Premier Realtors

Co-Listed By

Clinton Fields

Keller Williams Realty Buckhead License #378647

Last Buyer's Agent

Gordon Mosley

VIBE Realty License #372227

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,327

Year Built

  • Built in 1997

Lot Details

  • 0.49 Acre Lot
  • Privacy Fence
  • Back Yard Fenced
  • Level Lot

HOA Fees

  • $50 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1.5-Story Property
  • Bookcases
  • Tray Ceiling
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Bonus Room
  • Sun or Florida Room
  • Home Gym
  • Laundry in Hall

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity

Finished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Location

  • Property is near schools
  • Property is near shops

Schools

  • Chestatee Primary Elementary School
  • Little Mill Middle School
  • East Forsyth High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 34

Community Details

Overview

  • Association fees include ground maintenance, swimming, tennis
  • Timberline At Lake Lanier Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,327

Year Built

Built in 1997

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • District: 14
  • Year Built: 1997
  • ArchitecturalStyle: Brick Front, Traditional
  • Main Level Half Bathrooms: 1
  • Co List Office: KWBA01
  • Electric: 220 Volts
  • Financing Type: Conventional 90%
  • Levels: One and One Half
  • Lot Size Acres: .49
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2978
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Microwave, Refrigerator
  • Bedrooms: 4
  • Basement: Bath Finished, Daylight, Interior Entry, Exterior Entry, Finished, Full
  • Below Grade Finished Sq Ft: 911
  • Total Finished Sq Ft: 2067
  • Above Grade Finished Sq Ft: 2067
  • Interior Amenities: Bookcases, Tray Ceiling(s), Double Vanity, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Living Room, Factory Built, Gas Starter, Gas Log
  • Flooring: Hardwood, Tile, Carpet
  • Kitchen Features: Breakfast Bar, Pantry, Solid Surface Counters
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 152.79

Beds/Baths

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

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Concrete
  • Fencing: Fenced, Back Yard, Privacy
  • Lot Features: Level, Private
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Central Air, Heat Pump, Zoned
  • Heating: Natural Gas, Central, Forced Air, Heat Pump
  • Laundry Features: In Hall
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Underground Utilities, Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Maintenance Grounds, Swimming, Tennis

Schools

  • Elementary School: Chestatee Primary
  • High School: East Forsyth
  • High School Bus: Yes
  • Middle School: Little Mill
  • Middle School Bus: Yes
  • Elementary School: Chestatee Primary
  • Middle School: Little Mill
  • High School: East Forsyth

Lot Info

  • Land Lot: 845
  • Lot: 34
  • Plat Book: 58
  • Plat Page: 17-21

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2327

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Apr 5, 2023
Sold by
Raines Michael K
Bought by
Bass Matthew Edward and Bass Keeley Shay
Seller's Agent
Scott Smith
Maximum One Premier Realtors
Buyer's Agent
Gordon Mosley
VIBE Realty
List Price
$515,000
Sold Price
$455,000
Premium/Discount to List
-$60,000
-11.65%
Views
178
Current Estimated Value
$498,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,579
Avg. Annual Appreciation
3.74%
Original Mortgage
$409,500
Outstanding Balance
$397,909
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$100,670

Purchase Details

Closed on
Mar 25, 2003
Sold by
Raines Michael K
Bought by
Raines Michael K and Raines Bridget

Purchase Details

Closed on
Mar 12, 1998
Sold by
Tim Dill Co Inc
Bought by
Raines Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
7.07%
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
Bass Matthew Edward $455,000 --
Raines Michael K -- --
Raines Michael K $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bass Matthew Edward $409,500
Previous Owner Raines Michael K $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2023 04/05/23 Sold $455,000 -5.1% $153 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
02/28/2023 02/28/23 Price Changed $479,500 -4.0% $161 / Sq Ft
01/04/2023 01/04/23 Price Changed $499,500 -3.0% $168 / Sq Ft
11/03/2022 11/03/22 For Sale $515,000 -- $173 / 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 $4,244 $196,556 $48,000 $148,556
2024 $4,244 $182,000 $37,840 $144,160
2023 $2,825 $164,128 $40,000 $124,128
2022 $2,700 $96,940 $18,000 $78,940
2021 $2,327 $96,940 $18,000 $78,940
2020 $2,238 $92,640 $18,000 $74,640
2019 $2,230 $92,060 $18,000 $74,060
2018 $2,223 $91,080 $18,000 $73,080
2017 $2,081 $83,944 $18,000 $65,944
2016 $1,859 $73,424 $12,000 $61,424
2015 $1,779 $69,464 $12,000 $57,464
2014 $1,590 $64,644 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Smith

    Seller's Agent in 2023

    Scott Smith

    Maximum One Premier Realtors

    (706) 276-6148

    1 in this area

    9 Total Sales

    Scott Smith
    Section Image
  • Clinton Fields

    Seller Co-Listing Agent in 2023

    Clinton Fields

    Keller Williams Realty Buckhead

    (770) 335-3880

    1 in this area

    19 Total Sales

    Clinton Fields
    Section Image
  • Gordon Mosley

    Buyer's Agent in 2023

    Gordon Mosley

    VIBE Realty

    (404) 667-3221

    1 in this area

    31 Total Sales

    Gordon Mosley
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10107040

Georgia MLS

APN: 283-151

Georgia Forsyth County Cumming 30041 Lake Lanier

7430 Timberline Overlook, Cumming, GA

This home is located at 7430 Timberline Overlook, Cumming, GA 30041 since 03 November 2022 and is currently estimated at $498,579, approximately $167 per square foot. This property was built in 1997. 7430 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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