5280 Ridge Farms Dr Cumming, GA 30041
Lake Lanier NeighborhoodEstimated Value: $615,000 - $699,000
4
Beds
3
Baths
3,600
Sq Ft
$183/Sq Ft
Est. Value
About This Home
This home is located at 5280 Ridge Farms Dr, Cumming, GA 30041 and is currently estimated at $658,511, approximately $182 per square foot. 5280 Ridge Farms Dr is a home located in Forsyth County with nearby schools including Chestatee Elementary School, North Forsyth Middle School, and War Hill Christian Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 11, 2005
Sold by
Home Style Builders Llc
Bought by
Stovall Jessie W and Stovall Connie
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
$310,000
Outstanding Balance
$156,432
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$502,079
Purchase Details
Closed on
Dec 5, 2003
Sold by
Powder Springs Partners
Bought by
Home Style Builders Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.81%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stovall Jessie W | $387,800 | -- | |
| Home Style Builders Llc | $78,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stovall Jessie W | $310,000 | |
| Previous Owner | Home Style Builders Llc | $272,000 |
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 | $5,316 | $263,768 | $46,000 | $217,768 |
| 2024 | $5,316 | $249,908 | $40,000 | $209,908 |
| 2023 | $5,262 | $266,224 | $34,000 | $232,224 |
| 2022 | $5,225 | $187,388 | $14,000 | $173,388 |
| 2021 | $4,829 | $187,388 | $14,000 | $173,388 |
| 2020 | $4,219 | $157,840 | $14,000 | $143,840 |
| 2019 | $4,174 | $155,372 | $14,000 | $141,372 |
| 2018 | $4,148 | $153,900 | $14,000 | $139,900 |
| 2017 | $4,089 | $150,476 | $14,000 | $136,476 |
| 2016 | $3,737 | $137,800 | $14,000 | $123,800 |
| 2015 | $3,744 | $137,800 | $14,000 | $123,800 |
| 2014 | $3,279 | $127,164 | $0 | $0 |
Source: Public Records
Map
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