NOT LISTED FOR SALE

1245 Timber Lake Trail Unit 1 Cumming, GA 30041

Estimated Value: $618,000 - $805,000

3 Beds
3 Baths
1,214 Sq Ft
$569/Sq Ft Est. Value

About This Home

This home is located at 1245 Timber Lake Trail Unit 1, Cumming, GA 30041 and is currently estimated at $690,675, approximately $568 per square foot. 1245 Timber Lake Trail Unit 1 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
Aug 8, 2023
Sold by
Garrison Steven B and Garrison Laura
Bought by
Garrison Steven B and Garrison Laura
Current Estimated Value
$690,675

Purchase Details

Closed on
May 5, 2008
Sold by
Miller Laura B
Bought by
Garrison Steven B and Garrison Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2003
Sold by
Burruss Devel & Const Inc
Bought by
Miller Laura B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,240
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 1996
Sold by
Vanerkelens Rudolf
Bought by
Serio Rosemary

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
Garrison Steven B -- None Listed On Document
Garrison Steven B -- --
Miller Laura B $312,800 --
Serio Rosemary $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garrison Laura M $125,000
Previous Owner Garrison Steve $80,000
Previous Owner Garrison Steven B $310,000
Previous Owner Miller Laura B $250,240
Closed Serio Rosemary $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 $7,175 $292,580 $160,000 $132,580
2023 $6,541 $265,724 $128,000 $137,724
2022 $6,444 $188,888 $112,000 $76,888
2021 $5,216 $188,888 $112,000 $76,888
2020 $5,258 $190,408 $112,000 $78,408
2019 $5,073 $183,444 $112,000 $71,444
2018 $4,952 $179,084 $112,000 $67,084
2017 $3,990 $143,752 $91,200 $52,552
2016 $3,856 $138,952 $86,400 $52,552
2015 $3,685 $132,552 $80,000 $52,552
2014 $3,407 $128,708 $0 $0
Source: Public Records

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