NOT LISTED FOR SALE

2560 New College Way Cumming, GA 30041

Estimated Value: $661,821 - $759,000

5 Beds
3 Baths
3,121 Sq Ft
$228/Sq Ft Est. Value

About This Home

This home is located at 2560 New College Way, Cumming, GA 30041 and is currently estimated at $710,205, approximately $227 per square foot. 2560 New College Way is a home located in Forsyth County with nearby schools including Haw Creek Elementary School, Lakeside Middle School, and South Forsyth High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2022
Sold by
Margelli Christopher E
Bought by
Acmarge Llc
Current Estimated Value
$710,205

Purchase Details

Closed on
Apr 29, 2002
Sold by
Corry Colin C and Corry Caroline M
Bought by
Margelli Christopher E and Margelli Alison B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 1998
Sold by
Traton Corp Of Gwinnett Inc
Bought by
Corry Colin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
6.95%
Mortgage Type
New Conventional
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
Acmarge Llc -- None Listed On Document
Margelli Christopher E $276,000 --
Corry Colin B $217,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Margelli Christopher E $150,000
Previous Owner Margelli Christopher E $199,000
Previous Owner Margelli Christopher E $200,000
Previous Owner Corry Colin B $164,500
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 $6,236 $254,316 $60,000 $194,316
2023 $5,810 $236,048 $60,000 $176,048
2022 $5,194 $161,612 $36,000 $125,612
2021 $3,970 $161,612 $36,000 $125,612
2020 $3,828 $154,744 $36,000 $118,744
2019 $3,732 $149,796 $32,000 $117,796
2018 $3,675 $146,208 $28,000 $118,208
2017 $3,397 $132,352 $28,000 $104,352
2016 $3,355 $130,352 $26,000 $104,352
2015 $3,214 $123,392 $24,000 $99,392
2014 -- $111,648 $24,000 $87,648
Source: Public Records

Map

Georgia Forsyth County Cumming 30041

2560 New College Way, Cumming, GA

This home is located at 2560 New College Way, Cumming, GA 30041 and is currently estimated at $710,205, approximately $227 per square foot. 2560 New College Way is a home located in Forsyth County with nearby schools including Haw Creek Elementary School, Lakeside Middle School, and South Forsyth High School.

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