NOT LISTED FOR SALE

7725 Silversmith Dr Cumming, GA 30028

Estimated Value: $329,000 - $384,430

3 Beds
2 Baths
1,362 Sq Ft
$268/Sq Ft Est. Value

Last Sold June 28, 2012

Last sale price $103,500 $76 Per Sq Ft

Est. 253% increase in value since last sale

Current estimated payment $2,310/month

10 Days on Market

Highlights

  • Open-Concept Dining Room
  • Deck
  • Ranch Style House
  • Silver City Elementary School Rated A
  • Private Lot
  • Cathedral Ceiling

About This Home

As of June 2012

Ready for a new owner. This cute home has new paint and carpet and a fresh new look. Gorgeous wide-plank pine floors in the living areas. Private backyard with large screened porch and deck. Feels like your own preserve in the back yard.

Last Agent to Sell the Property

Andy Lott

Mark Spain Real Estate License #266871 Listed on: 04/07/2012

Mark Spain Real Estate

Last Buyer's Agent

Barbara Nix

Osley Williams and Associates, Inc. License #110791

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,048

Year Built

  • Built in 1991

Lot Details

  • Private Lot
  • Level Lot

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Driveway Level

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,362 Sq Ft Home
  • Cathedral Ceiling
  • Factory Built Fireplace
  • Great Room
  • Living Room with Fireplace
  • Open-Concept Dining Room
  • Screened Porch
  • Wood Flooring
  • Attic Fan

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry in Hall

Outdoor Features

  • Deck

Schools

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

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 89 / A
  • Assessor Parcel Number 7725SilversmithDR

Community Details

Overview

  • Silversmith Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,048

Year Built

Built in 1991

Lot Details

0

HOA Fees

$18 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1991
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Factory Built, Living Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Range
  • Interior Amenities: Cathedral Ceiling(s)
  • Kitchen Features: Breakfast Bar, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Other
  • Dining Room Features: Open Concept
  • Square Footage: 1362.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Tub/Shower

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Screened

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Kitchen Level, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Attic Fan, Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Hall, Laundry Room
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Homeowners Assoc, Pool
  • Association Fee: 210
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Silversmith

Schools

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

Lot Info

  • Lot: 89
  • Land/Lot: 33
  • Section G M D: 1
  • Plat Book: 32
  • Plat Page: 65-66
  • Lot Features: Level, Private
  • Lot Dimensions: .61
  • Parcel Number: 7725SilversmithDR
  • Property Attached Yn: No

Tax Info

  • Taxes: 1048.00
  • Assessor Parcel Number: 185-000-121
  • Close Date: 2012-06-28
  • Tax Year: 2010

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2012
Closed on
Jun 28, 2012
Sold by
Us Bank Trust National Ass
Bought by
Roberts Charles D
Seller's Agent
Andy Lott
Mark Spain Real Estate
Buyer's Agent
Barbara Nix
Osley Williams and Associates, Inc.
List Price
$99,900
Sold Price
$103,500
Premium/Discount to List
$3,600
3.6%
Current Estimated Value
$365,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,608
Avg. Annual Appreciation
10.56%
Original Mortgage
$100,875
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 7, 2012
Sold by
Lamond Mary G
Bought by
Us Bank Trust National Associa and Lsf7 Npl Ii Trust

Purchase Details

Closed on
Apr 14, 2006
Sold by
Daniels Susan C
Bought by
Lamond Mary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
7.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2002
Sold by
Sprouse Deborah A
Bought by
Ridge Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,100
Interest Rate
9.5%
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
Roberts Charles D $103,500 --
Us Bank Trust National Associa $100,791 --
Lamond Mary G $139,000 --
Ridge Susan C $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Charles D $156,400
Closed Roberts Charles D $130,000
Closed Roberts Charles D $100,875
Closed Roberts Charles D $5,000
Previous Owner Lamond Mary G $155,000
Previous Owner Lamond Mary G $111,200
Previous Owner Ridge Susan C $121,950
Previous Owner Ridge Susan C $116,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2012 06/28/12 Sold $103,500 +3.6% $76 / Sq Ft
05/29/2012 05/29/12 Pending -- -- --
04/07/2012 04/07/12 For Sale $99,900 -- $73 / 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
2024 $3,236 $131,948 $34,000 $97,948
2023 $3,191 $129,652 $26,000 $103,652
2022 $2,750 $79,916 $16,000 $63,916
2021 $2,207 $79,916 $16,000 $63,916
2020 $1,946 $70,464 $16,000 $54,464
2019 $1,989 $71,932 $16,000 $55,932
2018 $1,566 $56,644 $14,000 $42,644
2017 $1,575 $56,744 $14,000 $42,744
2016 $1,467 $52,864 $12,000 $40,864
2015 $1,470 $52,864 $12,000 $40,864
2014 $1,266 $47,816 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5005558

First Multiple Listing Service (FMLS)

APN: 185-121