NOT LISTED FOR SALE

3510 Lakeheath Dr Cumming, GA 30041

Estimated Value: $506,000 - $585,000

3 Beds
3 Baths
1,970 Sq Ft
$283/Sq Ft Est. Value

About This Home

This home is located at 3510 Lakeheath Dr, Cumming, GA 30041 and is currently estimated at $557,473, approximately $282 per square foot. 3510 Lakeheath Dr is a home located in Forsyth County with nearby schools including Brookwood Elementary School, South Forsyth Middle School, and Lambert High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2022
Sold by
Smith Randall B
Bought by
Raman Kotteeswaran and Panneerselvam Mahalakshmi
Current Estimated Value
$557,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,500
Outstanding Balance
$468,723
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$119,050

Purchase Details

Closed on
Feb 28, 2019
Sold by
Smith Randall B
Bought by
Smith Randall B and Smith Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,868
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 2006
Sold by
Elliott Terance P and Elliott Kristina W
Bought by
Smith Randall B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,200
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2001
Sold by
Fultz Robert E and Fultz Carolyn B
Bought by
Elliott Terance P and Elliott Kristina W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.08%
Mortgage Type
VA

Purchase Details

Closed on
Jan 4, 2000
Sold by
Fultz Robert E
Bought by
Fultz Robert E and Fultz Carloyn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 1994
Sold by
Pulte Home Corp
Bought by
Dalton Anna Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
8.68%
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
Raman Kotteeswaran $510,000 Brian M Douglas & Associates L
Smith Randall B -- --
Smith Randall B $254,000 --
Elliott Terance P $204,900 --
Fultz Robert E -- --
Fultz Robert E $182,000 --
Dalton Anna Robert $151,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raman Kotteeswaran $484,500
Previous Owner Smith Randall B $288,868
Previous Owner Smith Randall B $50,000
Previous Owner Smith Randall B $203,200
Previous Owner Elliott Terance P $28,000
Previous Owner Elliott Terance P $180,800
Previous Owner Elliott Terance P $206,991
Previous Owner Elliott Terance P $203,000
Previous Owner Fultz Robert E $145,600
Previous Owner Dalton Anna Robert $130,500
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 $5,411 $220,656 $68,000 $152,656
2023 $5,021 $204,000 $59,080 $144,920
2022 $3,725 $129,628 $40,000 $89,628
2021 $3,242 $129,628 $40,000 $89,628
2020 $3,250 $130,008 $40,000 $90,008
2019 $3,102 $122,588 $40,000 $82,588
2018 $2,863 $110,604 $30,000 $80,604
2017 $2,597 $97,536 $30,000 $67,536
2016 $2,556 $95,576 $30,000 $65,576
2015 $2,421 $90,216 $30,000 $60,216
2014 $2,062 $81,196 $0 $0
Source: Public Records

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