NOT LISTED FOR SALE

7860 Silversmith Ct Cumming, GA 30028

Estimated Value: $401,000 - $415,000

3 Beds
2 Baths
1,539 Sq Ft
$265/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $365,000 $237 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,539/month

13 Days on Market

Highlights

  • Home fronts a creek
  • RV or Boat Parking
  • Private Lot
  • Silver City Elementary School Rated A
  • Deck
  • Family Room with Fireplace

About This Home

As of July 2022

Relax and unwind on your back deck overlooking your .77 acre cul-de-sac lot with private back yard that ends at a creek with its own rope swing. Cute ranch on full basement with boat door. Open floor plan, real hardwoods in hallway living room and dining rooms, laminate floors in bedrooms and 2 fireplaces. A little tlc, paint and finishing touches and you will have a dream home. Full unfinished basement for future expansion. Great small swim/tennis neighborhood in North Forsyth/Silver City school district. Close to GA 400 and outlet mall. Don't miss this one.

Last Agent to Sell the Property

Sammy Thieme

RE/MAX Around Atlanta License #174323 Listed on: 05/12/2022

RE/MAX Around Atlanta

Last Buyer's Agent

James McCarty

Keller Williams Atlanta Perimeter License #148800

Keller Williams Atlanta Perimeter

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,574

Year Built

  • Built in 1993

Lot Details

  • 0.77 Acre Lot
  • Home fronts a creek
  • Cul-De-Sac
  • Private Lot

HOA Fees

  • $30 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Composition Roof
  • Press Board Siding

Interior Spaces

  • Vaulted Ceiling
  • Family Room with Fireplace
  • 2 Fireplaces
  • L-Shaped Dining Room
  • Laundry in Kitchen

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Boat door in Basement
  • Stubbed For A Bathroom

Parking

  • Garage
  • RV or Boat Parking

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Tax Lot 83

Community Details

Overview

  • Association fees include swimming, tennis
  • Silversmith Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,574

Year Built

Built in 1993

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1993
  • ArchitecturalStyle: Ranch
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: 0.77
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1539
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Oven/Range (Combo)
  • Bedrooms: 3
  • Dining Room Features: L Shaped
  • Basement: Bath/Stubbed, Boat Door, Interior Entry, Exterior Entry, Full
  • Total Finished Sq Ft: 1539
  • Unfinished Below Grade Sq Ft: 1539
  • Above Grade Finished Sq Ft: 1539
  • Interior Amenities: Vaulted Ceiling(s), Master On Main Level
  • Full Bathrooms: 2
  • Fireplace Features: Family Room
  • Flooring: Hardwood, Laminate
  • Kitchen Features: Breakfast Area, Pantry
  • Price Per Square Foot: 237.17

Beds/Baths

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

Exterior Features

  • Construction Materials: Press Board, Brick
  • Lot Features: Cul-De-Sac, Private
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: Creek

Garage/Parking

  • Parking Features: Attached, Garage, RV/Boat Parking

Utilities

  • Cooling: Electric, Central Air
  • Heating: Natural Gas, Central
  • Laundry Features: Laundry Closet, In Kitchen
  • Sewer: Septic Tank
  • Utilities: Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 360
  • Association: Yes
  • Community Features: Pool, Tennis Court(s)

Fee Information

  • Association Fee Includes: Swimming, Tennis

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

  • Lot: 83

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2573.74

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jul 7, 2022
Sold by
Taylor Cook
Bought by
Assaf Bernard R and Assaf Stacy S
Seller's Agent
Sammy Thieme
RE/MAX Around Atlanta
Buyer's Agent
James McCarty
Keller Williams Atlanta Perimeter
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Current Estimated Value
$408,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,369
Avg. Annual Appreciation
3.25%
Original Mortgage
$292,000
Outstanding Balance
$281,186
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$122,828

Purchase Details

Closed on
Jul 31, 2006
Sold by
Hansard Scott
Bought by
Daugherty Michael A and Daugherty Charline W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.68%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Assaf Bernard R $365,000 Ganek Pc
Daugherty Michael A $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Assaf Bernard R $292,000
Previous Owner Cook Taylor $5,932
Previous Owner Cook Taylor $162,011
Previous Owner Daugherty Michael A $85,000
Previous Owner Hansard Eugene S $120,000
Previous Owner Hansard Scott $25,148
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Sold $365,000 +1.7% $237 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/19/2022 05/19/22 Price Changed $359,000 -4.3% $233 / Sq Ft
05/12/2022 05/12/22 For Sale $375,000 +127.3% $244 / Sq Ft
09/28/2015 09/28/15 Sold $165,000 0.0% $107 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
08/21/2015 08/21/15 For Sale $165,000 -- $107 / 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 $3,606 $163,260 $34,000 $129,260
2023 $2,932 $146,000 $23,120 $122,880
2022 $2,754 $93,204 $16,000 $77,204
2021 $2,302 $93,204 $16,000 $77,204
2020 $2,066 $81,740 $16,000 $65,740
2019 $2,126 $84,484 $16,000 $68,484
2018 $1,764 $66,940 $14,000 $52,940
2017 $1,778 $67,220 $14,000 $53,220
2016 $1,746 $62,900 $12,000 $50,900
2015 $426 $59,592 $12,000 $47,592
2014 $356 $53,612 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20040907

Georgia MLS

APN: 185-115