7940 Silversmith Dr Cumming, GA 30028
Estimated Value: $388,560 - $400,000
3
Beds
2
Baths
1,384
Sq Ft
$284/Sq Ft
Est. Value
About This Home
This home is located at 7940 Silversmith Dr, Cumming, GA 30028 and is currently estimated at $392,890, approximately $283 per square foot. 7940 Silversmith Dr is a home located in Forsyth County with nearby schools including Silver City Elementary School, North Forsyth Middle School, and North Forsyth High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 17, 2006
Sold by
Koch Todd
Bought by
Cochenour Shawn L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,500
Outstanding Balance
$69,589
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$323,301
Purchase Details
Closed on
Jan 29, 1999
Sold by
Frady James A
Bought by
Koch Todd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,650
Interest Rate
6.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 31, 1995
Sold by
Lively Scott A Bridget
Bought by
Frady Jas A
Purchase Details
Closed on
Nov 5, 1993
Sold by
Security Builders Inc
Bought by
Lively Scott A Bridget
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,744
Interest Rate
6.97%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cochenour Shawn L | $124,500 | -- | |
| Koch Todd | $104,900 | -- | |
| Frady Jas A | $89,000 | -- | |
| Lively Scott A Bridget | $82,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cochenour Shawn L | $124,500 | |
| Previous Owner | Koch Todd | $99,650 | |
| Previous Owner | Lively Scott A Bridget | $82,744 | |
| Closed | Frady Jas A | $0 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $2,797 | $148,064 | $36,000 | $112,064 |
| 2024 | $2,797 | $141,836 | $34,000 | $107,836 |
| 2023 | $2,424 | $141,016 | $26,000 | $115,016 |
| 2022 | $2,537 | $78,644 | $16,000 | $62,644 |
| 2021 | $1,902 | $78,644 | $16,000 | $62,644 |
| 2020 | $1,711 | $69,376 | $16,000 | $53,376 |
| 2019 | $1,759 | $71,584 | $16,000 | $55,584 |
| 2018 | $1,439 | $55,952 | $14,000 | $41,952 |
| 2017 | $1,456 | $56,476 | $14,000 | $42,476 |
| 2016 | $1,373 | $52,636 | $12,000 | $40,636 |
| 2015 | $1,360 | $52,064 | $12,000 | $40,064 |
| 2014 | $1,159 | $47,072 | $0 | $0 |
Source: Public Records
Map
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