NOT LISTED FOR SALE

7725 Open Bridge Way Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $723,820 - $758,000

4 Beds
4 Baths
3,900 Sq Ft
$189/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $446,103 $114 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,093/month

Highlights

  • New Construction
  • Separate his and hers bathrooms
  • Private Lot
  • Chestatee Elementary School Rated A-
  • Craftsman Architecture
  • Wooded Lot

About This Home

As of November 2020

New construction and A MUST SEE ! This beautiful community is close to Lake Lanier, Ga 400 and conveniently located to all your shopping needs! OVER 1 ACRE 4 bedroom 4 bath, 3 car garage WITH FINISHED basement! This home offers living and dining room, beautiful bright island kitchen overlooking large family room. Guest bedroom and full bath complete main floor. Upstairs has a luxurious master suite, 2 large secondary bedrooms with walk in closets that share a Jack n Jill bath and open loft area. Basement- finished with large rec room and full bath! This is READY NOW!! Resort style amenities feature pool with slide and mushroom, club house and lighted tennis courts! Highly sought after North Forsyth schools!

Last Agent to Sell the Property

Amy Cohen

Beacon Realty of Georgia, LLC. License #203608 Listed on: 10/06/2020

Last Buyer's Agent

Amy Cohen

Beacon Realty of Georgia, LLC. License #203608 Listed on: 10/06/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,417

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 1.12 Acre Lot
  • Cul-De-Sac
  • Private Lot
  • Wooded Lot
  • Back and Front Yard

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 3,900 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Loft
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry on upper level
  • 220 Volts In Laundry

Finished Basement

  • Finished Basement Bathroom
  • Natural lighting in basement

Outdoor Features

  • Covered Patio or Porch

Schools

  • Chestatee Elementary School
  • Little Mill Middle School
  • North Forsyth High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 23
  • Assessor Parcel Number 282 232

Community Details

Overview

  • $1,000 Initiation Fee
  • Coopers Ridge Subdivision
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Swim or tennis dues are required
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,417

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$63 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Condition: New Construction
  • Year Built: 2020
  • Levels Stories: Two
  • Special Features: NewHome

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Fireplace Features: Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range, Microwave
  • Interior Amenities: Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, Walk-In Closet(s)
  • Basement: Daylight, Finished, Finished Bath
  • Kitchen Features: Breakfast Room, Cabinets White, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Loft
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3900.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Oversized Master
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Lower Full Bathrooms: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate His/Hers, Separate Tub/Shower

Exterior Features

  • Construction Materials: Cement Siding, Stone
  • Roof Type: Composition
  • Patio And Porch Features: Covered, Front Porch, Patio

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Driveway, Garage, Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Electric: 220 Volts in Laundry

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: Coopers Ridge

Schools

  • Elementary School: Chestatee
  • Middle School: Little Mill
  • High School: North Forsyth

Lot Info

  • Acres: 1.1190
  • Lot: 23
  • Land/Lot: 803,844
  • Section G M D: 1
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Private, Wooded
  • Lot Dimensions: 00
  • Parcel Number: 282 232
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 1000

Tax Info

  • Assessor Parcel Number: 282-000-232
  • Close Date: 2020-11-18
  • Tax Year: 2019

MLS Schools

  • Elementary School: Chestatee
  • High School: North Forsyth
  • Middle School: Little Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Nov 18, 2020
Sold by
Rivermont Homes Llc
Bought by
Wilder Elizabeth A and Wilder John I
Seller's Agent
Amy Cohen
Beacon Realty of Georgia, LLC.
Buyer's Agent
Amy Cohen
Beacon Realty of Georgia, LLC.
List Price
$459,900
Sold Price
$446,103
Premium/Discount to List
-$13,797
-3%
Current Estimated Value
$737,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,852
Avg. Annual Appreciation
10.89%
Original Mortgage
$312,273
Outstanding Balance
$276,788
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$461,167

Purchase Details

Closed on
Nov 2, 2018
Sold by
Harrison Ross Investments Llc
Bought by
Rivermont Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,580
Interest Rate
4.8%
Mortgage Type
Commercial
Source: Public Records

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 Buyer Sale Price Title Company
Wilder Elizabeth A $446,103 --
Rivermont Homes Llc $482,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilder Elizabeth A $312,273
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $446,103 -3.0% $114 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $459,900 -- $118 / 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 $1,417 $273,964 $51,000 $222,964
2024 $1,417 $288,960 $60,000 $228,960
2023 $1,316 $273,196 $34,000 $239,196
2022 $1,397 $178,440 $21,160 $157,280
2021 $4,927 $178,440 $21,160 $157,280
2020 $497 $18,000 $18,000 $0
2019 $498 $18,000 $18,000 $0
2018 $498 $18,000 $18,000 $0
2017 $389 $14,000 $14,000 $0
2016 $389 $14,000 $14,000 $0
2015 $389 $14,000 $14,000 $0
2014 $371 $14,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Amy Cohen

    Beacon Realty of Georgia, LLC.

    (770) 231-0099

    11 in this area

    29 Total Sales

    Amy Cohen
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6792185

First Multiple Listing Service (FMLS)

APN: 282-232

Georgia Forsyth County Cumming 30041 Lake Lanier

7725 Open Bridge Way, Cumming, GA

This home is located at 7725 Open Bridge Way, Cumming, GA 30041 since 06 October 2020 and is currently estimated at $737,955, approximately $189 per square foot. This property was built in 2020. 7725 Open Bridge Way is a home located in Forsyth County with nearby schools including Chestatee Elementary School, Little Mill Middle School, and Cornerstone Schools.

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