NOT LISTED FOR SALE

7860 Moreton Trace Unit 296 Cumming, GA 30041

Estimated Value: $577,000 - $655,460

4 Beds
3 Baths
2,196 Sq Ft
$283/Sq Ft Est. Value

About This Home

This home is located at 7860 Moreton Trace Unit 296, Cumming, GA 30041 and is currently estimated at $621,115, approximately $282 per square foot. 7860 Moreton Trace Unit 296 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
Sep 23, 2016
Sold by
Benefield William
Bought by
Reed David Michael and Reed Jennifer Amy
Current Estimated Value
$621,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,643
Outstanding Balance
$217,230
Interest Rate
3.43%
Estimated Equity
$421,953

Purchase Details

Closed on
Jan 10, 1998
Sold by
Baker Scott H and Baker Sheri A
Bought by
Owensby William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,600
Interest Rate
7.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 1996
Sold by
Plute Home Corp
Bought by
Baker Scott Sheri
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
Reed David Michael $314,875 --
Owensby William B $180,000 --
Baker Scott Sheri $179,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed David Michael $267,643
Previous Owner Owensby William Benefield $112,400
Previous Owner Owensby William B Trust $30,000
Previous Owner Owensby William B $30,000
Previous Owner Owensby William B $163,000
Previous Owner Owensby William B $25,000
Previous Owner Owensby William $167,000
Previous Owner Owensby William B $174,600
Closed Baker Scott Sheri $0
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 $6,253 $255,000 $68,000 $187,000
2023 $5,774 $234,592 $60,000 $174,592
2022 $4,716 $147,464 $40,000 $107,464
2021 $4,072 $147,464 $40,000 $107,464
2020 $4,083 $147,844 $40,000 $107,844
2019 $4,023 $145,480 $40,000 $105,480
2018 $3,872 $140,020 $30,000 $110,020
2017 $3,325 $119,812 $30,000 $89,812
2016 $2,812 $101,332 $30,000 $71,332
2015 $2,656 $95,532 $30,000 $65,532
2014 $2,278 $86,036 $26,000 $60,036
Source: Public Records

Map

Georgia Forsyth County Cumming 30041

7860 Moreton Trace Unit 296, Cumming, GA

This home is located at 7860 Moreton Trace Unit 296, Cumming, GA 30041 and is currently estimated at $621,115, approximately $282 per square foot. 7860 Moreton Trace Unit 296 is a home located in Forsyth County with nearby schools including Brookwood Elementary School, South Forsyth Middle School, and Lambert High School.

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