NOT LISTED FOR SALE

4940 Wil Ray Ln Cumming, GA 30040

Estimated Value: $474,778 - $568,000

4 Beds
4 Baths
2,429 Sq Ft
$214/Sq Ft Est. Value

About This Home

Living your Best Life in this Luxury Townhome! You just had the best glass of wine and amazing meal with your favorite people over at Vickery Village. After dinner you stroll around the Village to enjoy the fun shops and live music. Then just a short ride to your on point/designer styled townhome. Fresh, modern and sophisticated details from the luxury hardwood flooring, to the quartz counters, every detail has been thought of. You drop your packages on the kitchen island, step over and sink into your plush sofa, prop your feet up and talk about the day. Tomorrow you are grabbing the bikes and hitting the Big Creek Greenway at Fowler Park. So many fun things to do just minutes from your doorstep. And top Forsyth County Schools. What are you waiting for? Call your real estate agent and have them schedule a showing today!

*Additional $15 per month for Resident Benefit Package which includes Quarterly Filter Shipment, Online Tenant Portal, After Hours Emergency Maintenance Hotline and 1 time forgiveness of late fee (rent paid in full by10th of month). Credit must be 650 or greater. Monthly NET Income must be equal to or greater than 3 x the monthly rent.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2022
Closed on
Jun 3, 2022
Sold by
Chs Property Management Llc
Bought by
Babu Malladi Madhukar and Murishetty Shravan Kumar
Seller's Agent
Karen Spalding
Spalding Brokers, LLC.
Buyer's Agent
Bonnie H Smith
Atlanta Fine Homes Sotheby's International
Sold Price
$3,150
Current Estimated Value
$519,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,295
Original Mortgage
$398,190
Outstanding Balance
$382,127
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$140,004

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
Babu Malladi Madhukar $423,200 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babu Malladi Madhukar $398,190
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 Rented $3,000 0.0% --
08/18/2023 08/18/23 Under Contract -- -- --
08/01/2023 08/01/23 Price Changed $3,000 -4.8% $1 / Sq Ft
06/20/2023 06/20/23 For Rent $3,150 0.0% --
06/29/2022 06/29/22 Rented $3,150 0.0% --
06/18/2022 06/18/22 For Rent $3,150 -- --

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 $4,917 $200,532 $66,000 $134,532
2023 $4,087 $166,060 $56,000 $110,060
2022 $3,106 $32,000 $32,000 $0
2021 $884 $32,000 $32,000 $0
2020 $884 $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Spalding

    Seller's Agent in 2023

    Karen Spalding

    Spalding Brokers, LLC.

    (770) 789-9052

    43 Total Sales

    Karen Spalding
    Section Image

  • m

    Seller Co-Listing Agent in 2023

    mark spalding

    EXP Realty, LLC.

    (678) 776-1135

    29 Total Sales

    mark spalding
    Section Image
  • Kenyetta Wiggins

    Buyer's Agent in 2023

    Kenyetta Wiggins

    EXP Realty, LLC.

    (678) 327-4000

    3 Total Sales

    Kenyetta Wiggins
    Section Image
  • Bonnie H Smith

    Buyer's Agent in 2022

    Bonnie H Smith

    Atlanta Fine Homes Sotheby's International Realty

    (404) 713-7713

    143 Total Sales

    Bonnie H Smith
    Section Image
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Map

Georgia Forsyth County Cumming 30040

4940 Wil Ray Ln, Cumming, GA

Homes for Sale in Cumming, GA

This home is located at 4940 Wil Ray Ln, Cumming, GA 30040 and is currently estimated at $519,445, approximately $213 per square foot. 4940 Wil Ray Ln is a home located in Forsyth County with nearby schools including Kelly Mill Elementary School, West Forsyth High School, and Montessori School of Cumming.

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