NOT LISTED FOR SALE

1408 Velvet Creek Trace SW Marietta, GA 30008

Southwestern Marietta Neighborhood

Estimated Value: $319,000 - $422,000

4 Beds
3 Baths
2,484 Sq Ft
$152/Sq Ft Est. Value

About This Home

This home is located at 1408 Velvet Creek Trace SW, Marietta, GA 30008 and is currently estimated at $378,320, approximately $152 per square foot. 1408 Velvet Creek Trace SW is a home located in Cobb County with nearby schools including Deerwood Elementary School, Russell Elementary School, and Floyd Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2024
Sold by
Op Gold Llc
Bought by
Group 52 Llc
Current Estimated Value
$378,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Outstanding Balance
$210,501
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$167,819

Purchase Details

Closed on
Mar 27, 2024
Sold by
Chapman Cara J and Chapman Larry S
Bought by
Op Gold Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Outstanding Balance
$210,501
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$167,819

Purchase Details

Closed on
Dec 9, 2004
Sold by
Fagan David J and Fagan Elizabeth
Bought by
Chapman Larry S and Chapman Cara
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Group 52 Llc $276,000 None Listed On Document
Op Gold Llc $247,000 None Listed On Document
Chapman Larry S $189,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Group 52 Llc $213,750
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 $4,997 $165,840 $28,000 $137,840
2024 $3,548 $151,092 $20,000 $131,092
2023 $3,005 $151,092 $20,000 $131,092
2022 $2,938 $121,940 $14,000 $107,940
2021 $2,522 $102,940 $14,000 $88,940
2020 $2,522 $102,940 $14,000 $88,940
2019 $2,285 $92,124 $14,000 $78,124
2018 $2,285 $92,124 $14,000 $78,124
2017 $1,916 $79,124 $14,000 $65,124
2016 $1,919 $79,124 $14,000 $65,124
2015 $1,745 $69,344 $19,200 $50,144
2014 $1,759 $69,344 $0 $0
Source: Public Records

Map

Georgia Cobb County Marietta 30008 Southwestern Marietta

1408 Velvet Creek Trace SW, Marietta, GA

Not Listed for Sale

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