5540 Commons Ln Alpharetta, GA 30005
Seven Oaks NeighborhoodEstimated Value: $1,042,053 - $1,250,000
4
Beds
3
Baths
4,494
Sq Ft
$248/Sq Ft
Est. Value
About This Home
This home is located at 5540 Commons Ln, Alpharetta, GA 30005 and is currently estimated at $1,116,263, approximately $248 per square foot. 5540 Commons Ln is a home located in Fulton County with nearby schools including River Trail Middle School, Northview High School, and McGinnis Woods School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 8, 1999
Sold by
Powers Michael T and Powers Nancy L
Bought by
Tilva Rajesh H and Tilva Bina R
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
$288,000
Outstanding Balance
$78,777
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$1,037,486
Purchase Details
Closed on
May 30, 1997
Sold by
Cambridge Realty Inc
Bought by
Powers Michael T and Powers Nancy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.01%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 31, 1995
Sold by
Wilcommons Ii Lp
Bought by
Cambridge Realty Inc
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tilva Rajesh H | $360,000 | -- | |
| Powers Michael T | $382,000 | -- | |
| Cambridge Realty Inc | $62,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tilva Rajesh H | $288,000 | |
| Previous Owner | Powers Michael T | $240,000 | |
| Closed | Cambridge Realty Inc | $0 |
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 | $6,607 | $440,920 | $84,360 | $356,560 |
| 2023 | $10,736 | $380,360 | $68,600 | $311,760 |
| 2022 | $6,340 | $310,200 | $53,840 | $256,360 |
| 2021 | $6,280 | $253,800 | $49,560 | $204,240 |
| 2020 | $6,341 | $259,000 | $52,960 | $206,040 |
| 2019 | $749 | $254,440 | $52,040 | $202,400 |
| 2018 | $7,010 | $233,880 | $63,800 | $170,080 |
| 2017 | $6,052 | $189,960 | $28,080 | $161,880 |
| 2016 | $5,956 | $189,960 | $28,080 | $161,880 |
| 2015 | $6,021 | $189,960 | $28,080 | $161,880 |
| 2014 | $6,239 | $189,960 | $28,080 | $161,880 |
Source: Public Records
Map
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