NOT LISTED FOR SALE

5840 Cherokee Trace Unit 43 Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $516,527 - $731,000

4 Beds
3 Baths
1,768 Sq Ft
$333/Sq Ft Est. Value

About This Home

This home is located at 5840 Cherokee Trace Unit 43, Cumming, GA 30041 and is currently estimated at $589,382, approximately $333 per square foot. 5840 Cherokee Trace Unit 43 is a home located in Forsyth County with nearby schools including Chattahoochee Elementary School and Little Mill Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2020
Sold by
White Steve L
Bought by
Cory Donna Ruth
Current Estimated Value
$589,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,500
Outstanding Balance
$292,179
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$297,203

Purchase Details

Closed on
Feb 21, 2014
Sold by
White Steve L
Bought by
White Steve L and White Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2006
Sold by
Bauer David C and Bauer Elizabeth B
Bought by
Craner Paul E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2006
Sold by
Craner Paul E
Bought by
Craner Paul E and Craner Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
6.5%
Mortgage Type
New Conventional
Source: Public Records

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
Cory Donna Ruth $347,500 --
White Steve L $235,000 --
White Steve L $235,000 --
Craner Paul E $198,800 --
Craner Paul E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cory Donna Ruth $329,500
Previous Owner White Steve L $85,000
Previous Owner Craner Paul E $198,750
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
2025 $4,439 $221,640 $50,000 $171,640
2024 $4,439 $212,960 $46,000 $166,960
2023 $4,460 $233,864 $40,000 $193,864
2022 $3,920 $135,140 $24,000 $111,140
2021 $3,520 $135,140 $24,000 $111,140
2020 $506 $117,720 $24,000 $93,720
2019 $517 $124,112 $22,000 $102,112
2018 $526 $113,104 $22,000 $91,104
2017 $2,376 $96,216 $18,000 $78,216
2016 $2,334 $94,216 $16,000 $78,216
2015 $2,254 $90,216 $12,000 $78,216
2014 $1,633 $64,972 $0 $0
Source: Public Records

Map

Georgia Forsyth County Cumming 30041 Lake Lanier

5840 Cherokee Trace Unit 43, Cumming, GA

This home is located at 5840 Cherokee Trace Unit 43, Cumming, GA 30041 and is currently estimated at $589,382, approximately $333 per square foot. 5840 Cherokee Trace Unit 43 is a home located in Forsyth County with nearby schools including Chattahoochee Elementary School and Little Mill Middle School.

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.

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