115 Cherrylog Summit Cherry Log, GA 30522
Estimated Value: $488,000 - $579,000
Studio
2
Baths
2,443
Sq Ft
$218/Sq Ft
Est. Value
About This Home
This home is located at 115 Cherrylog Summit, Cherry Log, GA 30522 and is currently estimated at $532,865, approximately $218 per square foot. 115 Cherrylog Summit is a home located in Gilmer County with nearby schools including Ellijay Elementary School, Clear Creek Elementary School, and Gilmer Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 6, 2020
Sold by
King Michael C
Bought by
Waters Michael J and Waters Lisa M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$85,068
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$447,797
Purchase Details
Closed on
Dec 11, 2003
Sold by
Jones William C and Eastwood Timothy J
Bought by
King Michael C and King Jan T
Purchase Details
Closed on
Dec 31, 2002
Sold by
Gignilliat Jarad and Gignilliat Ted
Bought by
Jones William C
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Waters Michael J | $290,000 | -- | |
| King Michael C | $197,500 | -- | |
| Jones William C | $29,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Waters Michael J | $125,000 |
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 | $3,007 | $194,616 | $23,120 | $171,496 |
| 2024 | $2,942 | $189,880 | $20,080 | $169,800 |
| 2023 | $2,968 | $185,560 | $15,760 | $169,800 |
| 2022 | $2,767 | $157,240 | $14,440 | $142,800 |
| 2021 | $2,302 | $119,040 | $8,760 | $110,280 |
| 2020 | $823 | $105,240 | $8,560 | $96,680 |
| 2019 | $766 | $92,880 | $7,440 | $85,440 |
| 2018 | $594 | $92,880 | $7,440 | $85,440 |
| 2017 | $594 | $75,760 | $7,440 | $68,320 |
| 2016 | $594 | $76,520 | $7,440 | $69,080 |
| 2015 | $555 | $71,960 | $8,400 | $63,560 |
| 2014 | $1,776 | $71,240 | $8,400 | $62,840 |
| 2013 | -- | $72,160 | $8,400 | $63,760 |
Source: Public Records
Map
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