NOT LISTED FOR SALE

4940 Mercedes Dr Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $331,000 - $348,000

2 Beds
2 Baths
1,204 Sq Ft
$281/Sq Ft Est. Value

About This Home

This home is located at 4940 Mercedes Dr, Cumming, GA 30041 and is currently estimated at $338,821, approximately $281 per square foot. 4940 Mercedes Dr is a home located in Forsyth County with nearby schools including Chattahoochee Elementary School, Little Mill Middle School, and Cornerstone Schools.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2003
Sold by
Carroll Denise P
Bought by
Carroll Ronald J
Current Estimated Value
$339,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2000
Sold by
Koerner Felix
Bought by
Carroll Ronald J and Carroll Denise P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
7.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 1996
Sold by
Waldrop Leonard and Chumley Thomas
Bought by
Koerner Felix
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
Carroll Ronald J -- --
Carroll Ronald J $103,000 --
Koerner Felix $33,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carroll Ronald J $132,000
Closed Carroll Ronald J $117,500
Previous Owner Carroll Ronald J $23,600
Previous Owner Carroll Ronald J $94,400
Previous Owner Carroll Ronald J $82,400
Previous Owner Koerner Felix $25,000
Closed Koerner Felix $0
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 $2,493 $126,836 $18,000 $108,836
2023 $1,904 $113,976 $16,800 $97,176
2022 $1,998 $62,680 $9,000 $53,680
2021 $1,409 $62,680 $9,000 $53,680
2020 $1,404 $62,440 $9,000 $53,440
2019 $1,392 $61,760 $6,600 $55,160
2018 $1,138 $49,000 $5,400 $43,600
2017 $1,113 $47,600 $18,200 $29,400
2016 $1,067 $45,400 $16,000 $29,400
2015 $984 $41,400 $12,000 $29,400
2014 $700 $29,840 $0 $0
Source: Public Records

Map

Georgia Forsyth County Cumming 30041 Lake Lanier

4940 Mercedes Dr, Cumming, GA

This home is located at 4940 Mercedes Dr, Cumming, GA 30041 and is currently estimated at $338,821, approximately $281 per square foot. 4940 Mercedes Dr is a home located in Forsyth County with nearby schools including Chattahoochee Elementary School, Little Mill Middle School, and Cornerstone Schools.

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