NOT LISTED FOR SALE

7870 Silversmith Dr Cumming, GA 30028

Cumming Area

Estimated Value: $325,000 - $390,000

3 Beds
2.5 Baths
1,425 Sq Ft
$260/Sq Ft Est. Value

Sale Details

Date Sold: December 30, 2024

Last sale price $385,000 $270 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,132 / mo

44 Days on Market

Highlights

  • Clubhouse
  • Private Lot
  • Main Floor Primary Bedroom
  • Silver City Elementary School Rated A
  • Traditional Architecture
  • Whirlpool Bathtub

About This Home

As of December 2024

Welcome to your newly renovated home in Silver City! Both the exterior and interior have been freshly painted, and all new windows and flooring have been installed throughout. The exterior updates include siding, fascia, soffits, and a new french drain. Step inside and you'll find plenty of space to make this wonderful home your own. Conveniently located near schools, shopping, and just a short drive from Lake Lanier!

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 10/18/2024

Mark Spain Real Estate

Co-Listed By

Ryan Stewart

Mark Spain Real Estate License #393821

Last Buyer's Agent

Clay Cleveland

Century 21 Results License #396580

Century 21 Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,109

Year Built

  • Built in 1991

Lot Details

  • 26,136 Sq Ft Lot
  • Lot Dimensions are 105x266x104x265
  • Landscaped
  • Private Lot
  • Level Lot
  • Back Yard Fenced

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,425 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Mud Room
  • Laundry on main level

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • 110 Volts
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 185 104

Community Details

Overview

  • $375 Initiation Fee
  • Norton Community Mgmt Association, Phone Number (770) 718-5256
  • Silversmith Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,109

Year Built

Built in 1991

Lot Details

0.6 Acres

HOA Fees

$31 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1991
  • Levels Stories: One and One Half
  • Above Grade Finished Sq Ft: 1425.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Fireplace Features: Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Oven, Gas Water Heater
  • Interior Amenities: Entrance Foyer
  • Kitchen Features: Eat-in Kitchen, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1425.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Main Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Roof Type: Shingle
  • Fencing: Back Yard
  • Patio And Porch Features: Patio
  • Exterior Features: Storage
  • Pool Private: No
  • Foundation: Slab

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Main Level, Mud Room
  • Electric: 110 Volts

Condo/Co-op/Association

  • Community Features: Clubhouse, Pool, Tennis Court(s)
  • Association Fee: 375
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-718-5256
  • Management Phone: 770-718-5256
  • Subdivision Complex: Silversmith

Association/Amenities

  • Management Company: Norton Community Mgmt

Lot Info

  • Acres: 0.6000
  • Lot Features: Back Yard, Landscaped, Level, Private
  • Lot Dimensions: 105x266x104x265
  • Parcel Number: 185 104
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 375

Tax Info

  • Taxes: 2109.00
  • Tax Year: 2023

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Dec 30, 2024
Sold by
Bought by
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Clay Cleveland
Century 21 Results
List Price
$400,000
Sold Price
$385,000
Premium/Discount to List
-$15,000
-3.75%
Views
121
Current Estimated Value
$370,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,725
Avg. Annual Appreciation
-2.44%
Original Mortgage
$261,001
Interest Rate
0.0678%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$385,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $261,001
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/30/2024 12/30/24 Sold $385,000 -1.0% $270 / Sq Ft
12/01/2024 12/01/24 Pending -- -- --
11/21/2024 11/21/24 Price Changed $389,000 -2.8% $273 / Sq Ft
10/18/2024 10/18/24 For Sale $400,000 -- $281 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $995 $138,860 $36,000 $102,860
2024 $2,565 $133,468 $34,000 $99,468
2023 $2,109 $127,908 $26,000 $101,908
2022 $2,254 $78,860 $16,000 $62,860
2021 $1,877 $78,860 $16,000 $62,860
2020 $1,683 $69,484 $16,000 $53,484
2019 $1,717 $70,988 $16,000 $54,988
2018 $1,399 $55,368 $14,000 $41,368
2017 $1,379 $54,140 $14,000 $40,140
2016 $1,298 $50,340 $12,000 $38,340
2015 $1,301 $50,340 $12,000 $38,340
2014 $1,119 $45,564 $12,000 $33,564
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7473951

First Multiple Listing Service (FMLS)

APN: 185-104

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