NOT LISTED FOR SALE

1006 Somerton Place Unit 1006 Cumming, GA 30040

Estimated Value: $390,000 - $417,000

2 Beds
2 Baths
1,480 Sq Ft
$272/Sq Ft Est. Value

About This Home

This home is located at 1006 Somerton Place Unit 1006, Cumming, GA 30040 and is currently estimated at $403,210, approximately $272 per square foot. 1006 Somerton Place Unit 1006 is a home located in Forsyth County with nearby schools including Cumming Elementary School, Otwell Middle School, and Forsyth Central High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2024
Sold by
Smith Charles L and Smith Patricia
Bought by
Smith Family Living Trust and Smith
Current Estimated Value
$403,210

Purchase Details

Closed on
Mar 5, 2021
Sold by
Johnson Steven Troy
Bought by
Smith Charles L and Smith Patricia

Purchase Details

Closed on
Apr 19, 2019
Sold by
Kiersh Eric N
Bought by
Johnson Steven Troy and Johnson Kerry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2005
Sold by
Parish Mildred M and Parish Cheryl B
Bought by
Kiersh Eric N

Purchase Details

Closed on
Aug 6, 2004
Sold by
Newbury Village Dev Llc
Bought by
Lester Mildred M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Smith Family Living Trust -- None Listed On Document
Smith Charles L $295,000 --
Johnson Steven Troy $240,000 --
Kiersh Eric N $215,000 --
Lester Mildred M $186,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Steven Troy $228,000
Previous Owner Lester Mildred M $32,000
Source: Public Records

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 $759 $154,844 $58,000 $96,844
2024 $759 $148,828 $58,000 $90,828
2023 $650 $146,044 $44,000 $102,044
2022 $750 $99,852 $32,000 $67,852
2021 $2,622 $99,852 $32,000 $67,852
2020 $2,542 $96,000 $20,520 $75,480
2019 $2,583 $93,388 $20,000 $73,388
2018 $2,457 $88,836 $20,000 $68,836
2017 $2,432 $87,644 $20,000 $67,644
2016 $1,995 $71,884 $20,000 $51,884
2015 $1,999 $71,884 $20,000 $51,884
2014 $1,634 $61,732 $20,000 $41,732
Source: Public Records

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