NOT LISTED FOR SALE

8020 Silversmith Dr Cumming, GA 30028

Estimated Value: $377,000 - $405,000

3 Beds
2 Baths
1,532 Sq Ft
$257/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $140,000 $91 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $2,325/month

Highlights

  • Open-Concept Dining Room
  • Clubhouse
  • Ranch Style House
  • Silver City Elementary School Rated A
  • Deck
  • Community Pool

About This Home

As of February 2017

needs repairs, carpet etc, but could be a great home in North Forsyth 3/2 on just under 1 acre of land. Property being sold as is not repairs. Agents see remarks.

Last Agent to Sell the Property

Delhia Miller

Duncan Realty License #217768 Listed on: 11/30/2016

Last Buyer's Agent

Tonya Brooks

NOT A VALID MEMBER License #310209

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,384

Year Built

  • Built in 1994

Lot Details

  • 0.69 Acre Lot
  • Cul-De-Sac
  • Fenced

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,532 Sq Ft Home
  • Factory Built Fireplace
  • Open-Concept Dining Room
  • Crawl Space
  • Laundry in Hall

Kitchen

  • Electric Range
  • Laminate Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 185 129

Community Details

Overview

  • Silversmith Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,384

Year Built

Built in 1994

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 1994
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Factory Built
  • Number Of Fireplaces: 1
  • Appliances: Electric Range
  • Basement: Crawl Space
  • Kitchen Features: Cabinets White, Laminate Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Open Concept
  • Square Footage: 1532.00

Beds/Baths

  • Total Bedrooms: 3
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Deck

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: In Hall

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Clubhouse, Pool, Tennis Court(s)
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Silversmith

Schools

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

Lot Info

  • Acres: 0.6900
  • Lot Features: Cul-De-Sac
  • Lot Dimensions: .69
  • Parcel Number: 185 129
  • Property Attached Yn: No

Tax Info

  • Taxes: 1384.00
  • Assessor Parcel Number: 185-000-129
  • Close Date: 2017-02-28
  • Tax Year: 2016

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2021
Sold by
Equity Trust Company Custodian Fbo
Bought by
Marshall Jordan
Current Estimated Value
$393,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,400
Outstanding Balance
$219,234
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$174,479

Purchase Details

Listed on
Nov 30, 2016
Closed on
Feb 28, 2017
Sold by
Arroyo-Mares Francisco
Bought by
Equity Trust Co Custodian Fbo
Seller's Agent
Delhia Miller
Duncan Realty
Buyer's Agent
Tonya Brooks
NOT A VALID MEMBER
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.68%

Purchase Details

Closed on
Sep 16, 2002
Sold by
Thompson Jason L
Bought by
Mares Francisco A and Mares Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,950
Interest Rate
6.3%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 1994
Sold by
Smith Phil
Bought by
Thomason Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
7.1%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Marshall Jordan $284,000 --
Equity Trust Co Custodian Fbo $140,000 --
Mares Francisco A $132,000 --
Thomason Jason $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Jordan $241,400
Previous Owner Mares Francisco A $129,950
Previous Owner Thomason Jason $78,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2017 02/28/17 Sold $140,000 -9.7% $91 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
02/20/2017 02/20/17 Price Changed $155,000 0.0% $101 / Sq Ft
02/20/2017 02/20/17 For Sale $155,000 +3.3% $101 / Sq Ft
02/13/2017 02/13/17 Price Changed $150,000 +15.4% $98 / Sq Ft
12/03/2016 12/03/16 Pending -- -- --
11/30/2016 11/30/16 For Sale $130,000 -- $85 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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
2025 $2,825 $136,296 $36,000 $100,296
2024 $2,825 $131,688 $34,000 $97,688
2023 $2,432 $130,520 $26,000 $104,520
2022 $2,569 $80,412 $16,000 $64,412
2021 $2,221 $80,412 $16,000 $64,412
2020 $1,955 $70,796 $16,000 $54,796
2019 $2,002 $72,380 $16,000 $56,380
2018 $1,549 $56,000 $13,680 $42,320
2017 $1,466 $57,176 $14,000 $43,176
2016 $1,384 $53,256 $12,000 $41,256
2015 $1,386 $53,256 $12,000 $41,256
2014 $1,185 $48,044 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5773569

First Multiple Listing Service (FMLS)

APN: 185-129