NOT LISTED FOR SALE

7510 Colony Dr Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $1,252,012 - $1,465,000

5 Beds
3.5 Baths
4,764 Sq Ft
$291/Sq Ft Est. Value

Last Sold December 28, 2016

Last sale price $700,000 $147 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $8,321/month

58 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Covered dock with one slips
  • Second Kitchen
  • Chattahoochee Elementary School Rated A
  • Deep Water Access
  • Lake View

About This Home

As of December 2016

AMAZING PANORAMIC VIEWS!!! DEEP WATER ALWAYS; DOCK ON COVE, MASTER ON MAIN, LOFT BEDROOMS; HARDWOOD, TERRACOTTA AND SLATE TILE FLOORING; SOARING CEILINGS, UPPER AND LOWER DECKS, STUDY/MEDIA ROOM W/ FIREPLACE; INLAW STE; FULL FINISHED BASEMENT W/ KITCHEN, WORKOUT ROOM, HOME THEATRE/REC ROOM, FIREPLACE AND 2 BEDROOMS; CUL DE SAC

Last Agent to Sell the Property

Brad Burns

BHGRE Metro Brokers License #336425 Listed on: 05/18/2016

BHGRE Metro Brokers

Co-Listed By

Paula Van Sickle

HomeSmart License #352047

Last Buyer's Agent

KAREN A DARNELL

Keller Williams Rlty Consultants License #139719

Keller Williams Rlty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,316

Year Built

  • Built in 1995

Lot Details

  • 0.53 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac
  • Landscaped
  • Irrigation Equipment
  • Garden

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • European Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 4,764 Sq Ft Home
  • 3-Story Property
  • Bookcases
  • Tray Ceiling
  • Cathedral Ceiling
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Wood Flooring
  • Lake Views
  • Laundry on main level

Kitchen

  • Second Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Wine Rack
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Dual Closets
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Stubbed For A Bathroom

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Deep Water Access
  • Party Deck
  • Covered dock with one slips
  • Deck
  • Gazebo

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 286 044

Community Details

Overview

  • Breeze Bay Colony Subdivision

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,316

Year Built

Built in 1995

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: European, Traditional
  • Property Condition: Resale
  • Year Built: 1995
  • Levels Stories: Three Or More
  • Special Features: 12

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Basement, Family Room
  • Number Of Fireplaces: 2
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Water Heater, Microwave, Refrigerator
  • Interior Amenities: Bookcases, Cathedral Ceiling(s), Entrance Foyer 2 Story, High Ceilings 10 ft Main, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Bath/Stubbed, Finished, Full
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Pantry Walk-In, Second Kitchen, Stone Counters, View to Family Room, Wine Rack
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Great Room - 1 Story
  • Square Footage: 4764.00

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Master on Main
  • Lower Bedrooms: 2
  • Main Bedrooms: 1
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Other Structures: Gazebo
  • Waterfront Frontage: 100
  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Lake Name: Lanier
  • Patio And Porch Features: Deck
  • Exterior Features: Garden
  • View: Lake

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Main Level

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Breeze Bay Colony

Schools

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

Lot Info

  • Acres: 0.5300
  • Lot: 17
  • Land/Lot: 777
  • Section G M D: 1
  • Lot Features: Cul-De-Sac, Landscaped
  • Parcel Number: 286 044
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances

Tax Info

  • Taxes: 8316.00
  • Assessor Parcel Number: 286-000-044
  • Close Date: 2016-12-28
  • Tax Year: 2015

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Dec 28, 2016
Sold by
Paul R
Bought by
Louw Andre and Louw Elmarie
Seller's Agent
Brad Burns
BHGRE Metro Brokers
Buyer's Agent
KAREN A DARNELL
Keller Williams Rlty Consultants
List Price
$899,900
Sold Price
$700,000
Premium/Discount to List
-$199,900
-22.21%
Total Days on Market
58
Current Estimated Value
$1,371,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$671,109
Avg. Annual Appreciation
8.19%

Purchase Details

Closed on
Apr 29, 2005
Sold by
Arena Paul R
Bought by
Arena Paul R and Arena Michelle

Purchase Details

Closed on
Jun 10, 1999
Sold by
Walshe Terence P and Walshe Colette P
Bought by
Arena Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,200
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 1995
Sold by
Breeze Bay Asso C L P
Bought by
Walshe Terence P Colette
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
Louw Andre $700,000 --
Arena Paul R -- --
Arena Paul R $699,000 --
Walshe Terence P Colette $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arena Paul R $561,800
Previous Owner Arena Paul R $380,001
Previous Owner Arena Paul R $250,000
Previous Owner Arena Paul R $559,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2016 12/28/16 Sold $700,000 -17.6% $147 / Sq Ft
07/16/2016 07/16/16 Pending -- -- --
06/17/2016 06/17/16 Price Changed $849,000 -5.7% $178 / Sq Ft
05/18/2016 05/18/16 For Sale $899,900 0.0% $189 / Sq Ft
02/15/2013 02/15/13 Rented $3,333 -25.9% --
01/16/2013 01/16/13 Under Contract -- -- --
12/17/2012 12/17/12 For Rent $4,500 -- --
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 $10,049 $469,944 $200,000 $269,944
2023 $8,809 $416,228 $160,000 $256,228
2022 $9,198 $322,072 $140,000 $182,072
2021 $8,510 $322,072 $140,000 $182,072
2020 $8,319 $312,784 $140,000 $172,784
2019 $8,305 $311,532 $140,000 $171,532
2018 $8,146 $303,320 $140,000 $163,320
2017 $7,771 $280,000 $144,480 $135,520
2016 $8,389 $302,260 $156,000 $146,260
2015 $8,316 $302,260 $156,000 $146,260
2014 $7,598 $290,292 $156,000 $134,292
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Brad Burns

    Better Homes and Gardens Real Estate

    (404) 843-2500

    5 Total Sales

    Section Image
  • Paula Van Sickle

    Seller Co-Listing Agent in 2016

    Paula Van Sickle

    HomeSmart

    (678) 923-3523

    1 Total Sale

    Section Image

  • K

    Buyer's Agent in 2016

    KAREN A DARNELL

    Keller Williams Rlty Consultants

    3 Total Sales

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5692902

First Multiple Listing Service (FMLS)

APN: 286-044

Georgia Forsyth County Cumming 30041 Lake Lanier

7510 Colony Dr, Cumming, GA

This home is located at 7510 Colony Dr, Cumming, GA 30041 since 18 May 2016 and is currently estimated at $1,387,253, approximately $291 per square foot. This property was built in 1995. 7510 Colony Dr 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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