885 Timber Lake Dr Cumming, GA 30041
Estimated Value: $345,692 - $416,000
3
Beds
2
Baths
1,176
Sq Ft
$326/Sq Ft
Est. Value
About This Home
This home is located at 885 Timber Lake Dr, Cumming, GA 30041 and is currently estimated at $383,673, approximately $326 per square foot. 885 Timber Lake Dr is a home located in Forsyth County with nearby schools including Mashburn Elementary School, Lakeside Middle School, and Forsyth Central High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 12, 2024
Sold by
Woodlee Clark L
Bought by
Woodlee Clark L and Woodlee Wynette
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
$450,000
Outstanding Balance
$401,533
Interest Rate
6.47%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
-$29,665
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 |
---|---|---|---|
Woodlee Clark L | -- | None Listed On Document | |
Woodlee Clark L | -- | None Listed On Document |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Woodlee Clark L | $450,000 | |
Closed | Woodlee Clark L | $450,000 | |
Closed | Woodlee Clark L | $450,000 | |
Previous Owner | Woodlee Calrk L | $15,000 |
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 |
---|---|---|---|---|
2024 | $266 | $127,712 | $38,400 | $89,312 |
2023 | $157 | $108,416 | $32,000 | $76,416 |
2022 | $263 | $69,996 | $20,000 | $49,996 |
2021 | $246 | $69,996 | $20,000 | $49,996 |
2020 | $244 | $67,648 | $16,000 | $51,648 |
2019 | $244 | $64,740 | $18,000 | $46,740 |
2018 | $247 | $56,592 | $18,000 | $38,592 |
2017 | $242 | $49,172 | $18,000 | $31,172 |
2016 | $239 | $47,172 | $16,000 | $31,172 |
2015 | $233 | $43,172 | $12,000 | $31,172 |
2014 | $212 | $40,704 | $0 | $0 |
Source: Public Records
Map
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