5585 Cheatam Ave Cumming, GA 30040
Estimated Value: $1,009,534 - $1,148,000
6
Beds
5
Baths
4,244
Sq Ft
$251/Sq Ft
Est. Value
About This Home
This home is located at 5585 Cheatam Ave, Cumming, GA 30040 and is currently estimated at $1,066,134, approximately $251 per square foot. 5585 Cheatam Ave is a home with nearby schools including Vickery Creek Middle School, West Forsyth High School, and Montessori School of Cumming.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 14, 2021
Sold by
Lennar Georgia Inc
Bought by
Muruganandam Karthic Babu and Palaniappan Vidya
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
$548,250
Outstanding Balance
$411,543
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$654,591
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 |
|---|---|---|---|
| Muruganandam Karthic Babu | $600,180 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Muruganandam Karthic Babu | $548,250 |
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 | $10,201 | $447,620 | $72,000 | $375,620 |
| 2024 | $10,201 | $415,984 | $64,000 | $351,984 |
| 2023 | $9,699 | $394,052 | $60,000 | $334,052 |
| 2022 | $6,388 | $109,456 | $40,000 | $69,456 |
| 2021 | $3,023 | $109,456 | $40,000 | $69,456 |
| 2020 | $1,105 | $40,000 | $40,000 | $0 |
| 2019 | $1,106 | $0 | $0 | $0 |
| 2018 | $885 | $32,000 | $32,000 | $0 |
Source: Public Records
Map
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