NOT LISTED FOR SALE

1040 Thorngate Dr Cumming, GA 30040

Estimated Value: $521,873 - $578,000

4 Beds
3 Baths
2,478 Sq Ft
$222/Sq Ft Est. Value

About This Home

This home is located at 1040 Thorngate Dr, Cumming, GA 30040 and is currently estimated at $549,468, approximately $221 per square foot. 1040 Thorngate Dr is a home located in Forsyth County with nearby schools including Kelly Mill Elementary School, Forsyth Central High School, and Milton Montessori School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2022
Sold by
Ramya Paladagu
Bought by
Mountain Ridge Stone Llc
Current Estimated Value
$549,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Outstanding Balance
$331,364
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$218,104

Purchase Details

Closed on
Mar 3, 2005
Sold by
Mccar Homes Inc
Bought by
Nguyen Kc and Nguyen Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,828
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2004
Sold by
Mdc Hearthstone Ga Llc
Bought by
Mccar Devel Corp
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Mountain Ridge Stone Llc -- Kim Firm Llc
Paladagu Ramya -- Kim Jin H
Paladagu Ramya $465,000 None Listed On Document
Nguyen Kc $247,300 --
Mccar Devel Corp $61,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paladagu Ramya $348,750
Closed Paladagu Ramya $348,750
Previous Owner Nguyen Kc $197,828
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 $4,819 $201,004 $74,000 $127,004
2024 $4,819 $196,536 $68,000 $128,536
2023 $4,350 $176,748 $60,000 $116,748
2022 $3,770 $119,144 $40,000 $79,144
2021 $3,290 $119,144 $40,000 $79,144
2020 $3,194 $115,676 $40,000 $75,676
2019 $2,878 $104,084 $26,000 $78,084
2018 $2,820 $101,976 $26,000 $75,976
2017 $2,652 $95,552 $28,000 $67,552
2016 $2,589 $93,272 $20,000 $73,272
2015 $2,425 $87,232 $20,000 $67,232
2014 $2,103 $79,444 $0 $0
Source: Public Records

Map

Georgia Forsyth County Cumming 30040

1040 Thorngate Dr, Cumming, GA

This home is located at 1040 Thorngate Dr, Cumming, GA 30040 and is currently estimated at $549,468, approximately $221 per square foot. 1040 Thorngate Dr is a home located in Forsyth County with nearby schools including Kelly Mill Elementary School, Forsyth Central High School, and Milton Montessori School.

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