7188 Forestwood

Local assessors in Gilmer, TX have categorized 7188 Forestwood as a type of property. The home was built in 2020 and is 6 years old. The property's lot size has been calculated to be 14,375 square feet. If we look only at the heated or air conditioned part of the building, then 7188 Forestwood has a total of 1,950 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 for those who need a place to park their vehicle. The garage on the property is 462 sqft. The building has a style roof that was made of . Lots of were used in the construction of the exterior walls of the home. Residents rely on for their cooling system. The home's is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7188 Forestwood sold most recently in Aug 25, 2019 for a total of $174,100. If you work out the math, that's approximately a cost of $57.01 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $411,560 in taxes each year. 7188 Forestwood was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $262,810. If we break it down further, the land itself was valued at $11,190. Improvements to the property, however, were assessed at a total of $251,620. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.