NOT LISTED FOR SALE

2240 Bancroft Pass Cumming, GA 30041

Estimated Value: $824,305 - $930,000

5 Beds
4 Baths
3,611 Sq Ft
$240/Sq Ft Est. Value

About This Home

This home is located at 2240 Bancroft Pass, Cumming, GA 30041 and is currently estimated at $867,076, approximately $240 per square foot. 2240 Bancroft Pass is a home with nearby schools including Daves Creek Elementary School, Lakeside Middle School, and South Forsyth High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2021
Sold by
Sama Madhukar R
Bought by
Sama Madhukar Reddy and Sama Jyotsna
Current Estimated Value
$867,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Outstanding Balance
$326,151
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$540,925

Purchase Details

Closed on
Sep 26, 2014
Sold by
The Ryland Grp Inc
Bought by
Gaikwad Jaywant
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
Sama Madhukar Reddy $550,000 --
Gaikwad Jaywant $363,918 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sama Madhukar Reddy $378,000
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 $6,144 $308,344 $74,000 $234,344
2024 $6,144 $295,832 $68,000 $227,832
2023 $5,984 $305,156 $64,000 $241,156
2022 $5,558 $207,492 $64,000 $143,492
2021 $5,279 $207,492 $64,000 $143,492
2020 $5,116 $199,584 $64,000 $135,584
2019 $5,069 $196,916 $64,000 $132,916
2018 $4,595 $173,568 $32,000 $141,568
2017 $4,879 $186,192 $32,000 $154,192
2016 $4,455 $166,152 $32,000 $134,152
2015 $4,244 $155,792 $34,000 $121,792
Source: Public Records

Map

Georgia Forsyth County Cumming 30041

2240 Bancroft Pass, Cumming, GA

This home is located at 2240 Bancroft Pass, Cumming, GA 30041 and is currently estimated at $867,076, approximately $240 per square foot. 2240 Bancroft Pass is a home with nearby schools including Daves Creek Elementary School, Lakeside Middle School, and South Forsyth High School.

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