$249,500
SOLD APR 23, 2018

7445 Lainz Ct Cumming, GA 30040

4 Beds
2.5 Baths
2,776 Sq Ft
0.74 Acres

Recently Sold

$90 Per Sq Ft

11% Below List Price

80 Days on Market

Highlights

  • Deck
  • Living Room with Fireplace
  • Wood Flooring
  • Vickery Creek Middle School Rated A
  • Traditional Architecture
  • Home Office

About This Home

As of November 2018

Wonderful opportunity to own this 2 story traditional home in sought after Dressage Community. This one has so many nice features like large kitchen with breakfast area, separate dining room, living room with fireplace, office, master with sitting area, spacious rooms with large closets, full unfinished basement, deck overlooking the spacious backyard, perfect for entertaining and outdoor enjoyment. Community has, pool, lighted tennis courts, lake and fishing. Needs some TLC, with a little elbow grease this can be your dream home, make an offer today!

Last Agent to Sell the Property

Carey Manders

Redfin Corporation License #272358 Listed on: 01/12/2018

Last Buyer's Agent

Veanne Jones

Property SELLutions, LLC. License #244596

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,685

Year Built

  • Built in 1996

Lot Details

  • 0.74 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,776 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Laundry Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower in Primary Bathroom

Schools

  • Vickery Creek Elementary And Middle School
  • Forsyth Central High School

Additional Features

  • Deck
  • Central Air

Community Details

  • Dressage Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038 137

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,685

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1996
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Living Room
  • Number Of Fireplaces: 2
  • Basement: Unfinished
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Living Room, Office, Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 2776.00

Beds/Baths

  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate Tub/Shower

Exterior Features

  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Subdivision Complex: Dressage

Schools

  • Elementary School: Vickery Creek
  • Middle School: Vickery Creek
  • High School: Forsyth Central

Lot Info

  • Acres: 0.7400
  • Lot Features: Level
  • Parcel Number: 038 137
  • Property Attached Yn: No

Tax Info

  • Taxes: 2685.00
  • Assessor Parcel Number: 038-000-137
  • Close Date: 2018-04-23
  • Tax Year: 2017

MLS Schools

  • Elementary School: Vickery Creek
  • High School: Forsyth Central
  • Middle School: Vickery Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2018
Closed on
Nov 9, 2018
Sold by
Villafane Hector M
Bought by
Villafane Hector M and Villafane Andrea M
Seller's Agent
Veanne Jones
Property SELLutions, LLC.
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$399,500
Sold Price
$389,900
Premium/Discount to List
-$9,600
-2.4%
Total Days on Market
80
Current Estimated Value
$620,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,624
Avg. Annual Appreciation
7.48%
Original Mortgage
$370,405
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2018
Closed on
Apr 23, 2018
Sold by
Us Bank National Associati
Bought by
Jones Jerome Edward
Seller's Agent
Carey Manders
Redfin Corporation
Buyer's Agent
Veanne Jones
Property SELLutions, LLC.
List Price
$280,900
Sold Price
$249,500
Premium/Discount to List
-$31,400
-11.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
125.17%

Purchase Details

Closed on
Nov 7, 2017
Sold by
Mallicoat Terri Anne
Bought by
Us Bank National Association T

Purchase Details

Closed on
Oct 3, 1996
Sold by
Cherokee Homes
Bought by
Mollicoat Carson A Terri A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $389,900 --
Warranty Deed $249,500 --
Foreclosure Deed -- --
Deed $198,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $427,329 FHA
Closed $370,405 New Conventional
Previous Owner $248,400 Stand Alone Second
Previous Owner $19,000 Stand Alone Second
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2018 11/09/18 Sold $389,900 0.0% $140 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
10/04/2018 10/04/18 Price Changed $389,900 -2.4% $140 / Sq Ft
09/18/2018 09/18/18 For Sale $399,500 +60.1% $144 / Sq Ft
04/23/2018 04/23/18 Sold $249,500 -6.5% $90 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
03/12/2018 03/12/18 Price Changed $266,860 -5.0% $96 / Sq Ft
01/16/2018 01/16/18 For Sale $280,900 +12.6% $101 / Sq Ft
01/15/2018 01/15/18 Off Market $249,500 -- --
01/12/2018 01/12/18 For Sale $280,900 -- $101 / 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 $4,631 $221,920 $60,000 $161,920
2023 $4,248 $219,792 $60,000 $159,792
2022 $4,373 $141,624 $40,000 $101,624
2021 $3,691 $141,624 $40,000 $101,624
2020 $3,611 $137,764 $30,000 $107,764
2019 $3,574 $135,704 $30,000 $105,704
2018 $3,400 $122,964 $30,000 $92,964
2017 $2,685 $108,772 $30,000 $78,772
2016 $2,558 $102,772 $24,000 $78,772
2015 $2,404 $95,252 $20,000 $75,252
2014 $2,149 $88,912 $20,000 $68,912
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5950462

First Multiple Listing Service (FMLS)

APN: 038-137