NOT LISTED FOR SALE

7540 Timberline Overlook Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $502,000 - $551,000

6 Beds
3.5 Baths
3,400 Sq Ft
$157/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $290,000 $85 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,211/month

Highlights

  • Dining Room Seats More Than Twelve
  • Deck
  • Private Lot
  • Chattahoochee Elementary School Rated A
  • Contemporary Architecture
  • Wooded Lot

About This Home

As of May 2017

This beautiful home sits atop Timberline Overlook offering scenic views! ONE OWNER, meticulously cared for this home adding multiple upgrades. From the Champion sunroom with fireplace to granite countertops, oversized crown molding, wood plank ceilings in basement, tiled bathrooms and did I mention...the laundry chute??? Backyard offers privacy and lush landscaping complete with koi pond and multi-tiered decks! Basement apartment/in-law suite has its own patio, kitchen and office or workshop.

Last Agent to Sell the Property

Valerie Smith

NOT A VALID MEMBER License #285395 Listed on: 03/30/2017

NOT A VALID MEMBER

Last Buyer's Agent

STROM THURMAN

Strom Thurman Realty Partners, LLC. License #274064

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,900

Year Built

  • Built in 1997

Lot Details

  • 0.79 Acre Lot
  • Property has an invisible fence for dogs
  • Landscaped
  • Private Lot
  • Irrigation Equipment
  • Wooded Lot
  • Garden

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Composition Roof
  • Cement Siding
  • Brick Front

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Whole House Fan
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Two Story Entrance Foyer
  • Great Room
  • Dining Room Seats More Than Twelve
  • Loft
  • Workshop
  • Sun or Florida Room
  • Home Gym
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Range
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Primary Bedroom on Main
  • In-Law or Guest Suite
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry on main level
  • Laundry Chute

Finished Basement

  • Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

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

Utilities

  • Central Air
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Accessible Entrance
  • Property is near schools

Listing and Financial Details

  • Legal Lot and Block 31 / A
  • Assessor Parcel Number 283 148

Community Details

Overview

  • Mrg Reality Group Association, Phone Number (470) 545-4781
  • Secondary HOA Phone (470) 545-4781
  • Timberline At Lake Lanier Subdivision
  • Rental Restrictions

Recreation

  • Community Playground
  • Swim or tennis dues are required
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,900

Year Built

Built in 1997

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern, Traditional
  • Property Condition: Resale
  • Year Built: 1997
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Gas Log
  • Number Of Fireplaces: 2
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Self Cleaning Oven
  • Interior Amenities: Cathedral Ceiling(s), Entrance Foyer 2 Story, High Ceilings 10 ft Lower, High Ceilings 10 ft Main, High Ceilings 10 ft Upper
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished
  • Kitchen Features: Cabinets Other, Eat-in Kitchen, Pantry, Solid Surface Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Exercise Room, Great Room - 1 Story, Loft, Sun Room, Workshop
  • Dining Room Features: Seats 12+
  • Square Footage: 3400.00

Beds/Baths

  • Total Bedrooms: 6
  • Bedroom Features: In-Law Suite/Apartment, 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, Soaking Tub, Vaulted Ceilings

Exterior Features

  • Other Structures: Outbuilding
  • Construction Materials: Brick Front, Cement Siding
  • Roof Type: Composition
  • Fencing: Invisible
  • Patio And Porch Features: Deck, Patio
  • Exterior Features: Garden

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage, Garage Door Opener, Kitchen Level

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Whole House Fan
  • Laundry Features: Laundry Chute, Main Level

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc, Near Schools, Playground, Pool, Street Lights
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Hoa Contact Phone: 470-545-4781
  • Management Company Email: Csm@montagerg.com
  • Management Phone: 470-545-4781
  • Subdivision Complex: Timberline At Lake Lanier

Association/Amenities

  • Management Company: MRG Reality Group

Schools

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

Lot Info

  • Acres: 0.7900
  • Lot: 31
  • Lot Features: Landscaped, Private, Wooded
  • Lot Dimensions: 3/4 Acre
  • Parcel Number: 283 148
  • Property Attached Yn: No

Tax Info

  • Taxes: 1900.00
  • Assessor Parcel Number: 283-000-148
  • Close Date: 2017-05-19
  • Tax Year: 2016

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2017
Closed on
May 19, 2017
Sold by
Silverthorne Linda Lee
Bought by
Jones Elizabeth Anne and Densmore Brian Terry
Seller's Agent
Valerie Smith
NOT A VALID MEMBER
Buyer's Agent
STROM THURMAN
Strom Thurman Realty Partners, LLC.
List Price
$290,000
Sold Price
$290,000
Current Estimated Value
$533,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,387
Avg. Annual Appreciation
7.55%
Original Mortgage
$284,747
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 10, 2012
Sold by
Silverthorne Ronald S
Bought by
Silverthorne Linda Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 1998
Sold by
New Era Devel
Bought by
Silverthorne Ronald S and Silverthorne Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
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
Jones Elizabeth Anne $290,000 --
Silverthorne Linda Lee -- --
Silverthorne Ronald S $176,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Elizabeth Anne $284,747
Previous Owner Silverthorne Ronald S $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $290,000 0.0% $85 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $290,000 0.0% $85 / Sq Ft
04/08/2017 04/08/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $290,000 -- $85 / 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 $3,990 $203,252 $48,000 $155,252
2024 $3,990 $199,012 $40,000 $159,012
2023 $3,549 $193,528 $40,000 $153,528
2022 $3,367 $115,700 $18,000 $97,700
2021 $2,919 $115,700 $18,000 $97,700
2020 $2,809 $110,360 $18,000 $92,360
2019 $2,799 $109,660 $18,000 $91,660
2018 $2,796 $109,040 $18,000 $91,040
2017 $2,206 $89,104 $18,000 $71,104
2016 $1,976 $78,224 $12,000 $66,224
2015 $1,889 $73,944 $12,000 $61,944
2014 $1,687 $68,764 $12,000 $56,764
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2017

    Valerie Smith

    NOT A VALID MEMBER

    Section Image
  • STROM THURMAN

    Buyer's Agent in 2017

    STROM THURMAN

    Strom Thurman Realty Partners, LLC.

    (678) 557-2572

    1 in this area

    21 Total Sales

    STROM THURMAN
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5826752

First Multiple Listing Service (FMLS)

APN: 283-148

Georgia Forsyth County Cumming 30041 Lake Lanier

7540 Timberline Overlook, Cumming, GA

This home is located at 7540 Timberline Overlook, Cumming, GA 30041 since 30 March 2017 and is currently estimated at $533,387, approximately $156 per square foot. This property was built in 1997. 7540 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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