NOT LISTED FOR SALE

7080 Summit Ridge Chase Cumming, GA 30041

Lake Lanier Neighborhood

Estimated Value: $619,073 - $712,000

4 Beds
4 Baths
2,919 Sq Ft
$229/Sq Ft Est. Value

About This Home

This home is located at 7080 Summit Ridge Chase, Cumming, GA 30041 and is currently estimated at $668,518, approximately $229 per square foot. 7080 Summit Ridge Chase is a home located in Forsyth County with nearby schools including Chestatee Elementary School and North Forsyth Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2007
Sold by
Touchstone Homes Ga Inc
Bought by
Nicholson Michael J and Nicholson Carrie C
Current Estimated Value
$668,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,050
Outstanding Balance
$192,096
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$476,422
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.

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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.

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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.

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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.

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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
Nicholson Michael J $380,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicholson Michael J $304,050
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 $5,149 $254,588 $55,200 $199,388
2024 $5,149 $245,040 $51,200 $193,840
2023 $4,554 $230,640 $47,200 $183,440
2022 $4,593 $150,844 $20,000 $130,844
2021 $3,995 $150,844 $20,000 $130,844
2020 $3,873 $144,936 $20,000 $124,936
2019 $3,829 $142,548 $20,000 $122,548
2018 $3,699 $136,920 $24,000 $112,920
2017 $3,639 $134,272 $24,000 $110,272
2016 $3,335 $123,312 $24,000 $99,312
2015 $3,341 $123,312 $24,000 $99,312
2014 $3,106 $120,604 $20,000 $100,604
Source: Public Records

Map

Georgia Forsyth County Cumming 30041 Lake Lanier

7080 Summit Ridge Chase, Cumming, GA

This home is located at 7080 Summit Ridge Chase, Cumming, GA 30041 and is currently estimated at $668,518, approximately $229 per square foot. 7080 Summit Ridge Chase is a home located in Forsyth County with nearby schools including Chestatee Elementary School and North Forsyth Middle School.

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