NOT LISTED FOR SALE

7720 Silversmith Dr Cumming, GA 30028

Estimated Value: $407,000 - $468,755

4 Beds
3 Baths
2,608 Sq Ft
$167/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $355,000 $136 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,704/month

Highlights

  • Deck
  • 2-Story Property
  • Solid Surface Countertops
  • Silver City Elementary School Rated A
  • Main Floor Primary Bedroom
  • Community Pool

About This Home

As of December 2021

EVERYTHING IS NEW!! Complete renovation FULL Finished terace level - IN-LAW Suite - New Roof, New HVAC, New Attic Insulation, New Decking - Fresh Paint inside and out - LVP Floors, Granite kitchen counters - stainless steel appliances, new lighting fixtures, ceiling fans, door knobs, trees removed and fresh seed placed for grass - ranch home over a full basement! Seller never occupied property - no disclosures available.

Last Agent to Sell the Property

Janet Scanlon

Real Broker LLC License #371518 Listed on: 11/16/2021

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $243

Year Built

  • Built in 1993 | Remodeled

Lot Details

  • 0.62

HOA Fees

  • $30 Monthly HOA Fees

Home Design

  • 2-Story Property
  • Slab Foundation
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 2,608 Sq Ft Home
  • Fireplace With Gas Starter
  • Solid Surface Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Parking

  • Garage
  • Garage Door Opener

Schools

  • Silver City Elementary School
  • North Forsyth Middle School
  • North Forsyth High School

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Additional Features

  • Deck
  • 0.62 Acre Lot

Listing and Financial Details

  • Tax Lot 121

Community Details

Overview

  • Association fees include ground maintenance
  • Silversmith Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$243

Year Built

Built in 1993 | Remodeled

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Type: Residential
  • Section: 3
  • Year Built: 1993
  • ArchitecturalStyle: Ranch
  • Financing Type: FHA
  • Levels: Two
  • Lot Size Acres: .62
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2608
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Other
  • Bedrooms: 4
  • Basement: Bath Finished, Finished, Full
  • Total Finished Sq Ft: 2608
  • Above Grade Finished Sq Ft: 2608
  • Interior Amenities: In-Law Floorplan, Master On Main Level
  • Accessibility Features: Other
  • Full Bathrooms: 3
  • Fireplace Features: Gas Starter
  • Flooring: Carpet, Vinyl
  • Kitchen Features: Solid Surface Counters
  • Price Per Square Foot: 136.12

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Bedroom Lower Level: 1
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Block
  • Foundation Details: Slab
  • Lot Features: Other
  • Patio And Porch Features: Deck
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Other
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 360
  • Association: Yes
  • Community Features: Pool

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Silver City
  • High School: North Forsyth
  • High School Bus: Yes
  • Middle School: North Forsyth
  • Middle School Bus: Yes
  • Elementary School: Silver City
  • Middle School: North Forsyth
  • High School: North Forsyth

Lot Info

  • Land Lot: 247
  • Lot: 121
  • Deed Book: 2440
  • Deed Page: 840
  • Plat Book: 27
  • Plat Page: 104

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 243

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2021
Closed on
Dec 20, 2021
Sold by
Dempsey William Frank Estate
Bought by
Walker Stephanie Renee
Seller's Agent
Janet Scanlon
Real Broker LLC
List Price
$349,900
Sold Price
$355,000
Premium/Discount to List
$5,100
1.46%
Current Estimated Value
$435,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,439
Avg. Annual Appreciation
5.46%
Original Mortgage
$348,570
Outstanding Balance
$320,593
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$114,846

Purchase Details

Closed on
Aug 27, 1998
Sold by
Harvey Dale A and Harvey H
Bought by
Dempsey Frank W and Dempsey Betty G
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
Walker Stephanie Renee $355,000 --
Dempsey Frank W $112,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Stephanie Renee $348,570
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2021 12/20/21 Sold $355,000 +1.5% $136 / Sq Ft
11/16/2021 11/16/21 For Sale $349,900 -- $134 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
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 $4,474 $188,656 $36,000 $152,656
2024 $4,474 $182,460 $34,000 $148,460
2023 $4,457 $181,096 $26,000 $155,096
2022 $3,779 $83,560 $16,000 $67,560
2021 $252 $83,560 $16,000 $67,560
2020 $243 $73,380 $16,000 $57,380
2019 $247 $75,684 $16,000 $59,684
2018 $238 $60,384 $14,000 $46,384
2017 $243 $60,384 $14,000 $46,384
2016 $237 $56,664 $12,000 $44,664
2015 $237 $56,664 $12,000 $44,664
2014 $215 $51,044 $12,000 $39,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10002381

Georgia MLS

APN: 185-094