NOT LISTED FOR SALE

7464 Shadburn Ferry Rd Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $455,818 - $585,000

4 Beds
3 Baths
2,300 Sq Ft
$215/Sq Ft Est. Value

Last Sold January 11, 2024

Last sale price $416,000 $181 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,670/month

69 Days on Market

Highlights

  • Open-Concept Dining Room
  • View of Trees or Woods
  • Deck
  • Chattahoochee Elementary School Rated A
  • 1.19 Acre Lot
  • Wood Burning Stove

About This Home

As of January 2024

Don't miss out on this amazing opportunity to own a serene and tranquil property just a short walk away from the breathtaking Lake Lanier, no HOA and a brand new roof! Situated on a spacious one-plus acre lot, this charming home offers the perfect blend of comfort and convenience in the sought-after Forsyth County.

Upon entering this lovely ranch-style home, you'll be captivated by the inviting open floor plan that seamlessly connects the great room and dining room. Recently upgraded with new LVT Vinyl plank flooring, on the main floor exudes a fresh and modern appeal.

Prepare to be impressed by the rare find of a split-bedroom floor plan, featuring a fully finished terrace level and an expansive second kitchen. The main level kitchen boasts freshly painted white cabinets and elegant Corian countertops. Step onto the large deck overlooking the vast, private backyard, offering endless possibilities for gardening enthusiasts or even the addition of an in-ground pool.

The spacious owner's suite, complete with crown molding, presents a comfortable retreat. The ensuite bathroom has been tastefully updated, and a walk-in closet provides ample storage space. Additionally, the main level includes two more well-appointed bedrooms and a full bathroom.

The daylight-filled terrace level showcases a generously sized kitchen, a bedroom, a den/family room, a full bathroom, and a substantial storage room. With a two-car garage and over an acre of land, this home offers plenty of room for all your needs. The vinyl siding ensures easy exterior maintenance, allowing you to spend more time enjoying the beautiful surroundings.

This remarkable home presents endless potential, ready for new owners to make it their own. With a brand new roof, fresh paint, and numerous updates throughout, it's truly a gem not to be missed. Located in Forsyth County, you'll benefit from low taxes and excellent schools. Seize this opportunity to embrace a lifestyle of tranquility and comfort near Lake Lanier.

Last Agent to Sell the Property

Michelle Meinhart

EXP Realty, LLC. License #402022 Listed on: 10/20/2023

EXP Realty, LLC.

Last Buyer's Agent

Joy Atkins

Keller Williams Lanier Partners License #277199

Keller Williams Lanier Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $523

Year Built

  • Built in 1998

Lot Details

  • 1.19 Acre Lot
  • Level Lot
  • Wooded Lot
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling height of 9 feet on the lower level
  • Wood Burning Stove
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Wood Frame Window
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Open-Concept Dining Room
  • Breakfast Room
  • Bonus Room
  • Views of Woods
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

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

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts in Garage
  • 110 Volts
  • Private Water Source
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 274   070

Home Details

Home Type

Single Family

Est. Annual Taxes

$523

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: 14-1 635 OFF 274-030----1998
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1998
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Fireplace Features: Gas Starter, Living Room, Masonry, Wood Burning Stove
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Microwave, Range Hood, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Crown Molding, Disappearing Attic Stairs, Entrance Foyer, High Ceilings 9 ft Lower, High Ceilings 9 ft Main
  • Basement: Daylight, Finished Bath, Full, Interior Entry, Unfinished, Walk Out
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets White, Eat-in Kitchen, Kitchen Island, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Basement, Bathroom, Bedroom, Bonus Room, Kitchen, Laundry
  • Dining Room Features: Great Room, Open Concept
  • Square Footage: 2300.00
  • Spa Features: None
  • Window Features: Wood Frames

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 1
  • Main Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Shower Only

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Patio And Porch Features: Covered, Deck, Front Porch
  • View: Trees/Woods
  • Foundation: Concrete Perimeter

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage, Garage Door Opener, Garage Faces Front

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Electric: 110 Volts, 220 Volts in Garage

Schools

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

Lot Info

  • Acres: 1.1900
  • Lot Features: Back Yard, Front Yard, Level, Wooded
  • Lot Dimensions: x
  • Parcel Number: 274   070
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 523.00
  • Assessor Parcel Number: 274-000-070
  • Close Date: 2024-01-11
  • Tax Year: 2022

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Chattahoochee - Forsyth
  • High School: East Forsyth
  • Middle School: Little Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Jan 12, 2024
Sold by
Rist Karl
Bought by
Robinson William
Seller's Agent
Michelle Meinhart
EXP Realty, LLC.
Buyer's Agent
Joy Atkins
Keller Williams Lanier Partners
List Price
$460,000
Sold Price
$416,000
Premium/Discount to List
-$44,000
-9.57%
Views
387
Current Estimated Value
$495,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,455
Avg. Annual Appreciation
10.44%
Original Mortgage
$416,000
Outstanding Balance
$410,049
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
$85,406

Purchase Details

Closed on
May 7, 2019
Sold by
Rist Cheryl L
Bought by
Rist Karl

Purchase Details

Closed on
Mar 18, 2004
Sold by
Tran Thinh Q and Tran Hanh
Bought by
Rist Karl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2003
Sold by
Sec Of Housing & Urban Devel
Bought by
Tran Thinh Q and Tran Hanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2002
Sold by
Wells Fargo Home Mtg Inc
Bought by
Sec Of Housing & Urban Devel

Purchase Details

Closed on
Aug 6, 2002
Sold by
Delamater James C
Bought by
Metro Land Group Llc
Source: Public Records

Range of Values:

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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
Robinson William $416,000 None Listed On Document
Rist Karl -- --
Rist Karl $150,000 --
Tran Thinh Q -- --
Sec Of Housing & Urban Devel -- --
Wells Fargo Home Mtg Inc $146,450 --
Metro Land Group Llc $7,501 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson William $416,000
Previous Owner Rist Karl $120,000
Previous Owner Tran Thinh Q $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2024 01/11/24 Sold $416,000 -2.1% $181 / Sq Ft
12/29/2023 12/29/23 Pending -- -- --
11/11/2023 11/11/23 Price Changed $425,000 -3.4% $185 / Sq Ft
10/27/2023 10/27/23 Price Changed $440,000 -4.3% $191 / Sq Ft
10/20/2023 10/20/23 For Sale $460,000 -- $200 / 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 $528 $171,656 $57,120 $114,536
2024 $528 $171,864 $49,268 $122,596
2023 $424 $155,488 $47,124 $108,364
2022 $523 $105,384 $29,988 $75,396
2021 $496 $105,384 $29,988 $75,396
2020 $490 $99,276 $27,132 $72,144
2019 $490 $95,412 $23,800 $71,612
2018 $488 $83,240 $23,800 $59,440
2017 $489 $78,096 $23,800 $54,296
2016 $485 $75,716 $21,420 $54,296
2015 $472 $66,196 $11,900 $54,296
2014 $418 $61,664 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7290620

First Multiple Listing Service (FMLS)

APN: 274-070