NOT LISTED FOR SALE

7440 Richmond Way Cumming, GA 30040

Estimated Value: $1,017,052 - $1,051,000

4 Beds
5 Baths
3,402 Sq Ft
$304/Sq Ft Est. Value

About This Home

This home is located at 7440 Richmond Way, Cumming, GA 30040 and is currently estimated at $1,035,013, approximately $304 per square foot. 7440 Richmond Way is a home located in Forsyth County with nearby schools including Vickery Creek Middle School, West Forsyth High School, and Montessori at Vickery.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 1999
Sold by
Haven Prop Inc
Bought by
Lorenzo James J and Lorenzo Vonda K
Current Estimated Value
$1,035,013

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
Interest Rate
7.04%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Lorenzo James J $411,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorenzo James J $234,572
Closed Lorenzo James J $309,000
Closed Lorenzo James J $70,000
Closed Lorenzo James J $329,500
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
2024 $7,486 $371,624 $68,000 $303,624
2023 $7,056 $363,928 $62,000 $301,928
2022 $6,867 $243,720 $44,000 $199,720
2021 $6,062 $243,720 $44,000 $199,720
2020 $5,689 $225,660 $34,000 $191,660
2019 $5,631 $222,396 $34,000 $188,396
2018 $5,598 $219,692 $34,000 $185,692
2017 $5,473 $212,716 $30,000 $182,716
2016 $5,180 $198,836 $26,000 $172,836
2015 $5,189 $198,836 $26,000 $172,836
2014 $4,597 $182,480 $26,000 $156,480
Source: Public Records

Map

Georgia Forsyth County Cumming 30040

7440 Richmond Way, Cumming, GA

This home is located at 7440 Richmond Way, Cumming, GA 30040 and is currently estimated at $1,035,013, approximately $304 per square foot. 7440 Richmond Way is a home located in Forsyth County with nearby schools including Vickery Creek Middle School, West Forsyth High School, and Montessori at Vickery.

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