NOT LISTED FOR SALE

5540 Burruss Mill Rd Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $1,579,000

3 Beds
1 Bath
1,213 Sq Ft
$1,302/Sq Ft Est. Value

About This Home

This home is located at 5540 Burruss Mill Rd, Cumming, GA 30041 and is currently priced at $1,579,000, approximately $1,301 per square foot. 5540 Burruss Mill Rd is a home 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
Jul 27, 2022
Sold by
Bagwell Thomas N
Bought by
Settingdown Development Llc
Current Estimated Value
$1,579,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,687,500
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2004
Sold by
Parks Mamie B T
Bought by
Burruss Mill Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,530,000
Interest Rate
5.62%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Settingdown Development Llc -- Abram Law Group Llc
Settingdown Development Llc $2,250,000 Abram Law Group Llc
Burruss Mill Llc $1,255,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Settingdown Development Llc $7,687,500
Previous Owner Burruss Mill Llc $1,530,000
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 $16,685 $680,400 $680,400 --
2023 $16,747 $680,400 $680,400 $0
2022 $10,060 $378,000 $378,000 $0
2021 $10,438 $378,000 $378,000 $0
2020 $15,970 $612,360 $612,360 $0
2019 $10,453 $378,000 $378,000 $0
2018 $10,453 $378,000 $378,000 $0
2017 $5,246 $189,000 $189,000 $0
2016 $5,246 $189,000 $189,000 $0
2015 $5,255 $189,000 $189,000 $0
2014 $3,803 $143,640 $143,640 $0
Source: Public Records

Map

Georgia Forsyth County Cumming 30041 Lake Lanier

5540 Burruss Mill Rd, Cumming, GA

This home is located at 5540 Burruss Mill Rd, Cumming, GA 30041 and is currently priced at $1,579,000, approximately $1,301 per square foot. 5540 Burruss Mill Rd is a home with nearby schools including Chattahoochee Elementary School, Little Mill Middle School, and Cornerstone Schools.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes