7440 Newstead Dr Unit III Cumming, GA 30041
Estimated Value: $567,000 - $608,000
4
Beds
3
Baths
2,196
Sq Ft
$270/Sq Ft
Est. Value
About This Home
This home is located at 7440 Newstead Dr Unit III, Cumming, GA 30041 and is currently estimated at $592,140, approximately $269 per square foot. 7440 Newstead Dr Unit III is a home located in Forsyth County with nearby schools including Brookwood Elementary School, South Forsyth Middle School, and Lambert High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 7, 2003
Sold by
Salem Kyle A and Salem Jennifer E
Bought by
Sottilaro Richard A and Sottilaro Laurie
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
$164,000
Outstanding Balance
$69,929
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$522,211
Purchase Details
Closed on
Jul 25, 2002
Sold by
Fraser Thomas E and Lee Ann
Bought by
Salem Kyle A and Salem Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
6.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 30, 1996
Sold by
Plute Home Corp
Bought by
Fraser Thomas Lee Ann
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sottilaro Richard A | $210,000 | -- | |
| Salem Kyle A | $210,000 | -- | |
| Fraser Thomas Lee Ann | $153,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sottilaro Richard A | $164,000 | |
| Previous Owner | Salem Kyle A | $199,500 | |
| Closed | Fraser Thomas Lee Ann | $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 | $4,095 | $218,616 | $78,000 | $140,616 |
| 2024 | $4,095 | $209,528 | $68,000 | $141,528 |
| 2023 | $3,465 | $192,832 | $60,000 | $132,832 |
| 2022 | $3,342 | $121,660 | $40,000 | $81,660 |
| 2021 | $2,971 | $121,660 | $40,000 | $81,660 |
| 2020 | $2,977 | $121,968 | $40,000 | $81,968 |
| 2019 | $2,949 | $120,392 | $40,000 | $80,392 |
| 2018 | $2,727 | $109,016 | $30,000 | $79,016 |
| 2017 | $2,389 | $92,516 | $30,000 | $62,516 |
| 2016 | $2,389 | $92,516 | $30,000 | $62,516 |
| 2015 | $2,286 | $87,436 | $30,000 | $57,436 |
| 2014 | $1,995 | $78,664 | $26,000 | $52,664 |
Source: Public Records
Map
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