NOT LISTED FOR SALE

7925 Overlook Rd Unit LOT 2A Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $712,253

1 Bed
1 Bath
-- Sq Ft
0.6 Acres

Last Sold June 05, 2023

Last sale price $700,000

Est. 2% increase in value since last sale

Current estimated payment $4,432/month

138 Days on Market

Highlights

  • Lake Front
  • RV or Boat Parking
  • Community Lake
  • Chattahoochee Elementary School Rated A
  • RV or Boat Storage in Community
  • Dock Rights

About This Home

As of June 2023

Ready to build your dream home in one of the best neighborhoods and best coves on Lake Lanier? This 0.6 acre lot is on the desirable south side of the lake, in Cumming and Forsyth County. This lot is on a quiet street with $1 million+ homes. There is a very gentle walk to the lake, and water views year-round. Situated in a quiet cove off of Young Deer Creek and just minutes from the big water, not only will your dock have deep water even in major drought years (see aerial photo from 2008)a you will have beautiful views up to a mile across the lake. The lot is permitted for a 32A32 double slip dock (single slip with patio area is currently in place). This is a prime location on the lake where you can easily access multiple lakeside restaurants and marinas. Need to leave the lake life to get to work, shopping, or doctors? You are only 55 miles to the Atlanta Airport, within 7-20 minutes of grocery stores and high-end shopping, and 20 minutes to Northside Forsyth Hospital. Perfect lot for terrace/basement level.

Last Listed By

Ashley Smith

Keller Williams Realty Atl. Partners License #407881 Listed on: 10/17/2022

Keller Williams Realty Atl. Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,344

Year Built

  • Built in 1984

Lot Details

  • 0.6 Acre Lot
  • Lake Front
  • Level Lot
  • Open Lot

Home Design

  • Home to be built
  • Composition Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Garage
  • Parking Storage or Cabinetry
  • RV or Boat Parking

Outdoor Features

  • Access To Lake
  • Deep Water Access
  • Army Corps Of Engineers Controlled
  • Dock Rights

Schools

  • Chattahoochee Elementary School
  • Little Mill Middle School
  • East Forsyth High School

Utilities

  • No Heating
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association
  • Deer Creek Shores Subdivision
  • Community Lake

Amenities

  • No Laundry Facilities

Recreation

  • RV or Boat Storage in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,344

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Financing Type: Other
  • Levels: One
  • Lot Size Acres: .60
  • Property Sub-Type: Other
  • Structure Type: Other
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: None
  • Bedrooms: 1
  • Basement: None
  • Interior Amenities: Other
  • Feature Name: Lake Lanier
  • Full Bathrooms: 1
  • Flooring: Other

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Bedroom Lower Level: 1

Exterior Features

  • Construction Materials: Wood Siding, Block
  • Lot Features: Level, Open Lot, Other
  • Property Condition: To Be Built
  • Roof: Composition
  • Waterfront Features: Dock Rights, Corps of Engineers Control, Deep Water Access, Lake Access, Lake

Garage/Parking

  • Parking Features: Detached, Garage, RV/Boat Parking, Storage

Utilities

  • Cooling: None
  • Heating: None
  • Laundry Features: None
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Boat/Camper/Van Prkg, Lake, Street Lights

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Chattahoochee
  • High School: East Forsyth
  • Middle School: Little Mill
  • Elementary School: Chattahoochee
  • Middle School: Little Mill
  • High School: East Forsyth

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3344

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
Heritage House Builders Llc
Bought by
Sosa Joseph Treshad and Sosa Hilary Ann
Total Days on Market
138
Current Estimated Value
$712,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,932,000
Outstanding Balance
$2,932,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 17, 2022
Closed on
Jun 5, 2023
Sold by
Smith C L
Bought by
Heritage House Builders Llc
Seller's Agent
Ashley Smith
Keller Williams Realty Atl. Partners
Buyer's Agent
Ashley Smith
Keller Williams Realty Atl. Partners
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Views
112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,970,000
Interest Rate
6.39%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 3, 2020
Sold by
Fairway Property Dev Llc
Bought by
Smith C L C and Smith Sue Dolin

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
Sosa Joseph Treshad $3,665,000 None Listed On Document
Sosa Joseph Treshad $3,665,000 None Listed On Document
Heritage House Builders Llc $700,000 None Listed On Document
Smith C L C $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sosa Joseph Treshad $2,932,000
Closed Sosa Joseph Treshad $2,932,000
Previous Owner Heritage House Builders Llc $2,025,000
Previous Owner Heritage House Builders Llc $1,970,000
Previous Owner Heritage House Builders Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2023 06/05/23 Sold $700,000 -6.7% --
03/04/2023 03/04/23 Pending -- -- --
10/17/2022 10/17/22 For Sale $750,000 -- --
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 $5,356 $218,420 $200,000 $18,420
2023 $3,042 $123,580 $112,000 $11,580
2022 $3,223 $105,656 $98,000 $7,656
2021 $2,918 $105,656 $98,000 $7,656
2020 $2,920 $105,740 $98,000 $7,740
2019 $2,927 $105,828 $98,000 $7,828
2018 $2,929 $105,912 $98,000 $7,912
2017 $2,947 $106,172 $98,000 $8,172
2016 $2,752 $99,172 $91,000 $8,172
2015 $2,757 $99,172 $91,000 $8,172
2014 -- $99,344 $91,000 $8,344
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20080655

Georgia MLS

APN: 260-190