NOT LISTED FOR SALE

1050 Timber Lake Trail Cumming, GA 30041

Estimated Value: $463,000 - $542,000

4 Beds
3 Baths
2,144 Sq Ft
$233/Sq Ft Est. Value

About This Home

This home is located at 1050 Timber Lake Trail, Cumming, GA 30041 and is currently estimated at $500,109, approximately $233 per square foot. 1050 Timber Lake Trail is a home located in Forsyth County with nearby schools including Mashburn Elementary School, Lakeside Middle School, and Forsyth Central High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2021
Sold by
Cirelli Lynn M
Bought by
Allen Larry Joseph
Current Estimated Value
$500,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Outstanding Balance
$171,017
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$329,092

Purchase Details

Closed on
May 31, 2005
Sold by
Helton Glen R and Helton Marion
Bought by
Cirelli Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 1997
Sold by
Magee Ma Su Builders Inc
Bought by
Helton Glen Marion Sue
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
Allen Larry Joseph $379,900 --
Cirelli Lynn M $187,900 --
Helton Glen Marion Sue $124,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Larry Joseph $187,000
Closed Allen Larry Joseph $187,000
Previous Owner Cirelli Lynn M $144,000
Previous Owner Helton Glen R $148,500
Closed Helton Glen Marion Sue $0
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
2024 $3,403 $164,332 $38,400 $125,932
2023 $2,612 $139,840 $32,000 $107,840
2022 $2,782 $90,576 $20,000 $70,576
2021 $2,501 $90,576 $20,000 $70,576
2020 $2,449 $88,680 $16,000 $72,680
2019 $2,297 $83,060 $18,000 $65,060
2018 $2,434 $88,004 $18,000 $70,004
2017 $1,677 $71,084 $18,000 $53,084
2016 $1,609 $68,196 $16,000 $52,196
2015 $1,785 $64,196 $12,000 $52,196
2014 $1,585 $59,864 $0 $0
Source: Public Records

Map

Georgia Forsyth County Cumming 30041

1050 Timber Lake Trail, Cumming, GA

This home is located at 1050 Timber Lake Trail, Cumming, GA 30041 and is currently estimated at $500,109, approximately $233 per square foot. 1050 Timber Lake Trail is a home located in Forsyth County with nearby schools including Mashburn Elementary School, Lakeside Middle School, and Forsyth Central High School.

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