2345 Melrose Trace Cumming, GA 30041
Big Creek NeighborhoodEstimated Value: $551,000 - $692,000
4
Beds
3
Baths
2,359
Sq Ft
$260/Sq Ft
Est. Value
About This Home
This home is located at 2345 Melrose Trace, Cumming, GA 30041 and is currently estimated at $614,315, approximately $260 per square foot. 2345 Melrose Trace is a home located in Forsyth County with nearby schools including Daves Creek Elementary School, South Forsyth Middle School, and South Forsyth High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 14, 2010
Sold by
Oquendo Ronald B
Bought by
Oquendo Ronald B and Oquendo Kristi N
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
$248,623
Outstanding Balance
$164,673
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$449,642
Purchase Details
Closed on
Oct 31, 1994
Sold by
Realty Devel Corp
Bought by
Koller Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,650
Interest Rate
8.78%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Oquendo Ronald B | -- | -- | |
| Koller Patricia | $181,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Oquendo Ronald B | $248,623 | |
| Previous Owner | Koller Patricia | $163,650 |
Source: Public Records
Tax History Compared to Growth
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 | $5,251 | $243,576 | $68,000 | $175,576 |
| 2024 | $5,251 | $214,128 | $60,000 | $154,128 |
| 2023 | $5,275 | $214,320 | $60,000 | $154,320 |
| 2022 | $4,763 | $152,892 | $32,000 | $120,892 |
| 2021 | $4,222 | $152,892 | $32,000 | $120,892 |
| 2020 | $3,935 | $142,516 | $32,000 | $110,516 |
| 2019 | $3,744 | $135,380 | $32,000 | $103,380 |
| 2018 | $3,972 | $143,648 | $32,000 | $111,648 |
| 2017 | $3,322 | $119,692 | $24,000 | $95,692 |
| 2016 | $3,322 | $119,692 | $24,000 | $95,692 |
| 2015 | $2,892 | $104,012 | $24,000 | $80,012 |
| 2014 | $2,386 | $90,116 | $0 | $0 |
Source: Public Records
Map
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