2575 New College Way Cumming, GA 30041
Estimated Value: $644,000 - $682,000
            
                4
                Beds
            
            
            
                3
                Baths
            
            
            
                2,718
                Sq Ft
            
            
                
                    $244/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 2575 New College Way, Cumming, GA 30041 and is currently estimated at $663,018, approximately $243 per square foot. 2575 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
            
            
                Jul 31, 2002
            
        
                Sold by
            
            
                Brown Larry V and Brown Sheila L
            
        
                Bought by
            
            
                Lesser Steve M and Lesser Jennifer A
            
        
                            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
            
            
                $240,000
            
        
                Outstanding Balance
            
            
                $85,722
            
        
                Interest Rate
            
            
                4.38%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $577,296
            
        Purchase Details
                Closed on
            
            
                Mar 31, 1998
            
        
                Sold by
            
            
                Traton Corp Of Gwinnett
            
        
                Bought by
            
            
                Brown Larry V and Brown Sheila L
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $190,050
            
        
                Interest Rate
            
            
                7.03%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Lesser Steve M | $300,000 | -- | |
| Brown Larry V | $211,200 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Lesser Steve M | $240,000 | |
| Closed | Lesser Steve M | $45,000 | |
| Previous Owner | Brown Larry V | $190,050 | 
                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 | $4,607 | $230,772 | $72,000 | $158,772 | 
| 2024 | $4,607 | $231,356 | $60,000 | $171,356 | 
| 2023 | $3,991 | $215,296 | $60,000 | $155,296 | 
| 2022 | $4,080 | $146,464 | $36,000 | $110,464 | 
| 2021 | $3,612 | $146,464 | $36,000 | $110,464 | 
| 2020 | $3,513 | $141,680 | $36,000 | $105,680 | 
| 2019 | $3,418 | $136,820 | $32,000 | $104,820 | 
| 2018 | $3,270 | $128,956 | $28,000 | $100,956 | 
| 2017 | $3,038 | $117,376 | $28,000 | $89,376 | 
| 2016 | $2,995 | $115,376 | $26,000 | $89,376 | 
| 2015 | $2,870 | $109,176 | $24,000 | $85,176 | 
| 2014 | $2,525 | $99,116 | $0 | $0 | 
                Source: Public Records
                    
            
        Map
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