NOT LISTED FOR SALE

7940 Royal Melbourne Way Unit 708 Duluth, GA 30097

Estimated Value: $1,149,116 - $1,287,000

4 Beds
4 Baths
4,186 Sq Ft
$289/Sq Ft Est. Value

About This Home

This home is located at 7940 Royal Melbourne Way Unit 708, Duluth, GA 30097 and is currently estimated at $1,210,279, approximately $289 per square foot. 7940 Royal Melbourne Way Unit 708 is a home located in Forsyth County with nearby schools including Johns Creek Elementary School, Riverwatch Middle School, and Lambert High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2018
Sold by
Ni Jian
Bought by
Ni Jian and Lu Qian
Current Estimated Value
$1,210,279

Purchase Details

Closed on
Jun 27, 2016
Sold by
Lee Richard B
Bought by
Ni Jian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
3.64%

Purchase Details

Closed on
Feb 14, 2012
Sold by
Peachtree Residential Prop
Bought by
Lee Richard B and Lee Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.89%

Purchase Details

Closed on
Feb 10, 2012
Sold by
Borreson David J
Bought by
Peachtree Residential Properti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.89%

Purchase Details

Closed on
Aug 9, 2011
Sold by
Carmel Holding Co
Bought by
Peachtree Residential Properti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
4.54%

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
Ni Jian -- --
Ni Jian $668,000 --
Lee Richard B $616,486 --
Peachtree Residential Properti -- --
Peachtree Residential Properti $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ni Jian $230,000
Previous Owner Ni Jian $310,000
Previous Owner Lee Richard B $417,000
Previous Owner Lee Richard B $50,000
Previous Owner Peachtree Residential Properti $417,000
Previous Owner Peachtree Residential Properti $364,000
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 $9,068 $420,996 $80,000 $340,996
2023 $7,400 $434,792 $72,000 $362,792
2022 $8,148 $255,468 $60,000 $195,468
2021 $6,964 $255,468 $60,000 $195,468
2020 $7,200 $264,984 $60,000 $204,984
2019 $7,173 $263,184 $60,000 $203,184
2018 $7,146 $261,744 $60,000 $201,744
2017 $7,246 $261,088 $60,000 $201,088
2016 $6,682 $247,944 $40,000 $207,944
2015 $6,695 $247,944 $40,000 $207,944
2014 $6,363 $247,984 $0 $0
Source: Public Records

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