NOT LISTED FOR SALE

7855 Moreton Trace Cumming, GA 30041

Estimated Value: $630,859 - $647,000

4 Beds
3 Baths
2,750 Sq Ft
$232/Sq Ft Est. Value

Last Sold October 26, 2015

Last sale price $315,000 $115 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,798/month

3 Days on Market

Highlights

  • Dining Room Seats More Than Twelve
  • Community Pool
  • Library
  • Brookwood Elementary School Rated A+
  • Tennis Courts

About This Home

As of October 2015

SUPER HOME...HARDWOODS ON THE MAIN, BRIGHT AND AIRY, MAIN FLOOR DEN, KITCHEN OVERLOOKS EATING AND FAMILY ROOM, FRONT AND REAR STAIRS! 4 BEDROOMS UP, LAUNDRY UP, GRANITE COUNTERS IN KITCHEN, POWDER AND MAIN WASHROOMS, UPGRADED LIGHTS, TWO STORY FOYER, READY TO MOVE IN NOW!! PRIVATE REAR YARD, FULLY FENCED, CONCRETE PATIO, LOTS OF GARDENS. HOME IS IN A QUIET CUL-DE-SAC! GREAT SCHOOLS AND CLOSE TO EVERYTHING!

Last Agent to Sell the Property

Garry Cooke

Century 21 Results License #271189 Listed on: 09/18/2015

Century 21 Results

Last Buyer's Agent

Jason Horvath

Coldwell Banker Realty License #346939

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,854

Year Built

  • 1997

Lot Details

  • 0.3

Home Design

  • Slab Foundation

Interior Spaces

  • 2,750 Sq Ft Home
  • Dining Room Seats More Than Twelve
  • Library
  • Alarm System

Schools

  • Brookwood / Forsyth / Forsyth County Elementary School
  • South Forsyth / Forsyth / Forsyth County Middle School
  • Lambert / Forsyth / Forsyth County High School

Utilities

  • Underground Utilities

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Other

Est. Annual Taxes

$4,854

Year Built

1997

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1997

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Gas Starter
  • Basement: Slab/None
  • Equipment: Burglar Alarm
  • Kitchen Equipment: Dishwasher, Garbage Disposal, Built-In Microwave, Refrigerator
  • Interior Amenities: Trey Ceilings, Vaulted Ceilings, Ceilings 9 Ft Plus, Double Vanity, Entrance Foyer, Garden Tub, Hardwood Floors, Tile Bath, Tile Floors, Walk-in Closet, Wall-to-wall Carpet, Whirlpool Bath
  • Laundry Location: Upstairs
  • Laundry Type: Room
  • Kitchen / Breakfast: Breakfast Area, Island, Solid Surface Counters
  • Above Grade Finished Sq Ft: 2750

Exterior Features

  • Construction: Brick/Frame, Concrete Siding
  • Exterior Features: Deck/Patio, Fenced Yard
  • Roof Type: Composition
  • Waterfront Frontage: 0

Garage/Parking

  • Parking: 2 Car, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Gas
  • Heating: Forced Air
  • Water/Sewer: Public Water, Sewer Connected

Association/Amenities

  • Amenities: Neighborhood Association, Pool, Sidewalks, Street Lights, Tennis Courts, Underground Utilities

Condo/Co-op/Association

  • Fees Include: Swimming, Tennis

Schools

  • Elementary School: Brookwood / Forsyth / Forsyth County, GA
  • Elementary Bus Line: Yes
  • High School: Lambert / Forsyth / Forsyth County, GA
  • High School Bus: Yes
  • Middle School: South Forsyth / Forsyth / Forsyth County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Level Lot, Private Backyard
  • Lot Size: Less than 1/3 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2015
Closed on
Oct 26, 2015
Sold by
Mcarthur Lorna
Bought by
Schmaus Dean and Schmaus Brittany N
Seller's Agent
Garry Cooke
Century 21 Results
Buyer's Agent
Jason Horvath
Coldwell Banker Realty
List Price
$315,000
Sold Price
$315,000
Total Days on Market
3
Current Estimated Value
$639,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,215
Avg. Annual Appreciation
7.65%

Purchase Details

Listed on
Feb 7, 2012
Closed on
May 15, 2012
Sold by
Bank Of America Na Trustee
Bought by
Mcarthur Lorna
Seller's Agent
ROBERT HARPER
NOT A VALID MEMBER
Buyer's Agent
Garry Cooke
Century 21 Results
List Price
$224,900
Sold Price
$220,000
Premium/Discount to List
-$4,900
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
Original Mortgage
$214,423
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 2012
Sold by
Mote Wayne G
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 28, 2006
Sold by
Mote Wayne G
Bought by
Mote Wayne G and Mote Eugenia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,120
Interest Rate
7.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2001
Sold by
Fairley Gary Rg
Bought by
Wilson Matthew O and Wilson Kimberly B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 1997
Sold by
Pulte Home Corp
Bought by
Noddin Lewis C and Noddin Laura A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Schmaus Dean $315,000 --
Mcarthur Lorna $220,000 --
Bank Of America Na $207,000 --
Mote Wayne G -- --
Mote Wayne G $293,900 --
Wilson Matthew O $205,000 --
Noddin Lewis C $174,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmaus Dean $200,000
Open Schmaus Dean $322,400
Previous Owner Mcarthur Lorna $20,000
Previous Owner Mcarthur Lorna $226,400
Previous Owner Mcarthur Lorna $214,423
Previous Owner Mote Wayne G $235,120
Previous Owner Wilson Matthew O $43,300
Previous Owner Wilson Mkatthew O $195,700
Previous Owner Wilson Matthew O $164,000
Closed Noddin Lewis C --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2015 10/26/15 Sold $315,000 0.0% $115 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
09/18/2015 09/18/15 For Sale $315,000 +43.2% $115 / Sq Ft
05/15/2012 05/15/12 Sold $220,000 -2.2% $80 / Sq Ft
04/15/2012 04/15/12 Pending -- -- --
02/07/2012 02/07/12 For Sale $224,900 -- $82 / Sq Ft
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
2024 $4,854 $236,704 $68,000 $168,704
2023 $4,183 $217,824 $60,000 $157,824
2022 $3,976 $138,124 $40,000 $98,124
2021 $3,588 $138,124 $40,000 $98,124
2020 $3,572 $137,344 $40,000 $97,344
2019 $3,524 $134,760 $40,000 $94,760
2018 $3,532 $134,740 $30,000 $104,740
2017 $3,203 $118,568 $30,000 $88,568
2016 $3,291 $118,568 $30,000 $88,568
2015 $701 $99,488 $30,000 $69,488
2014 $632 $89,628 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Garry Cooke

    Seller's Agent in 2015

    Garry Cooke

    Century 21 Results

    (770) 639-1589

    40 Total Sales

    Garry Cooke
    Section Image

  • J

    Buyer's Agent in 2015

    Jason Horvath

    Coldwell Banker Realty

  • R

    Seller's Agent in 2012

    ROBERT HARPER

    NOT A VALID MEMBER

See All Agents

Map

Source: Georgia MLS

MLS Number: 07524898

Georgia MLS

APN: 113-527

Georgia Forsyth County Cumming 30041

7855 Moreton Trace, Cumming, GA

This home is located at 7855 Moreton Trace, Cumming, GA 30041 since 18 September 2015 and is currently estimated at $639,215, approximately $232 per square foot. This property was built in 1997. 7855 Moreton Trace is a home located in Forsyth County with nearby schools including Brookwood Elementary School, South Forsyth Middle School, and Lambert High School.

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