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7540 Old Field Cove Road

7540 Old Field Cove Road, Cumming, GA 30028
Property in Forsyth
Sold Jun 08, 2004
$148,900
$124,800 by Southern Financial Mortgage In
Mortgage Due Oct 05, 2034
Sold Jan 05, 2001
$128,000
$126,900 by Sun America Mtg Corp
Mortgage Due Dec 19, 2031
Local assessors in Cumming, GA have categorized 7540 Old Field Cove Road as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 21,344 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7540 Old Field Cove Road has a total of 1,848 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 420 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in May 27, 2004 for $148,900. That's $80.57 per sqft. Prior to that sales transaction, the property was also sold in Dec 19, 2000 for $128,000. 7540 Old Field Cove Road was last assessed in 2023. The total value of the property was assessed at $149,484. Specifically, the land the property is located on was valued at $38,000. While improvements on the property were assessed at a total of $111,484. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,679. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 21,344
  • Total Building Area: 1,848
  • Building Area: 1,848
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,848
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TATUM WOODS
  • Land Acres: 0.49
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 3-1 446 LT 34 PH 1A TATUM WOODS

Ownership

  • Current Owner : COOK CORRINE M
  • Previous Owner : LUDLOW ALAN J
  • Previous Owner 2: LUDLOW JENNIFER
  • Owner Before Previous Owner: COLONY HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Forsyth County School District
  • Census Tract: 130201

Zoning

  • Zoning: R2R

Geography

  • Account Number: 0000238471
  • Subdivision Phase Number: 1
  • Parcel: 072 048
  • Lot: 34
  • Municipality: COUNTY
  • Latitude: 34.289
  • Longitude: -84.1989

    Address

  • Full Address: 7540 Old Field Cove Rd
  • Address - House Number: 7540
  • Address - Street Name: Old Field Cove
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Cumming
  • Carrier Code: R039
  • 4-Digit Zip Code: 8938
  • Zip Code: 30028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,679
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1415
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 83
  • Final Value: 395,187
  • High Value: 451,106
  • Low Value: 339,268

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $256,800
  • First Open Lien Mortgage Lender: SOUTHERN FINANCIAL MORTGAGE IN
  • First Open Lien Mortgage Recording Date: Oct 07, 2004
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $124,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Second
  • First Open Lien Mortgage Loan Due Date: Oct 05, 2034
  • Second Open Lien Mortgage Lender: AMERIS BANK
  • Second Open Lien Mortgage Recording Date: May 26, 2020
  • Second Open Lien Mortgage Loan Amount: $132,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2035

    Market Valuation

  • Market Total Value: $373,710
  • Market Land Value: $95,000
  • Market Improvement Value: $278,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,484
  • Assessed Land Value: $38,000
  • Assessed Improvements Value: $111,484

    Sales

  • Current Sale Contract Date: May 27, 2004
  • Current Sale Recording Date: Jun 08, 2004
  • Current Sale Transaction ID: 1038349308
  • Current Sale Price: $148,900
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jan 05, 2001
  • Previous Sale Contract Date: Dec 19, 2000
  • Previous Sale Amount: $128,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: SUN AMERICA MTG CORP
  • Previous Mortgage Transaction Date: Jan 05, 2001
  • Previous Mortgage Loan Amount: $126,900
  • Previous Mortgage Term: 370
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 19, 2031

About Forsyth



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Frequently Asked Questions

What neighborhood is 7540 Old Field Cove Road located in?
The 7540 Old Field Cove Road is a located in the neighborhood of Forsyth in Forsyth, Cumming.
What is the average sales price for listings in 7540 Old Field Cove Road?
The average sales price for units in 7540 Old Field Cove Road is $0 currently.

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