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2040 Ridge Gate Dr; Cumming, GA Property Details

2040 Ridge Gate Dr, Cumming, GA is a Single Family that was built in 1994. This property is currently a cash purchase and is not for sale. Our records show that 2040 Ridge Gate Dr has 3 bedrooms, and 2.5 bathrooms, and a total of 2,648 square feet. The lot size of 2040 Ridge Gate Dr is 25,700 square feet.

Off market
2040 Ridge Gate Dr Cumming, GA 30041
$397,000 Listing Price
3 Beds
2.5 Baths
2,648 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1994
  • Purchase Price: $397,000
  • Est. Equity / %: $576,000 / 100%
  • Gross Yield: 6.69%
  • APN: 199-000-349
  • Situs County: Forsyth
  • Length Of Ownership: 6 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Stories: 1
  • Exterior Wall Type: Other
  • Building Quality: B
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 2,648/SqFt
  • Lot: 25,700/SqFt
  • Gross: 2,648/SqFt
  • Garage: 484/SqFt
  • Living: 2,648/SqFt
  • Basement: 1,412/SqFt
  • Building: 2,648/SqFt
  • Ground: 2,648/SqFt
  • Price Per Square Foot: $149.92

Legal Description

  • Description: 2-1 292 LT 20 U3 BLC THE GATES
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Forsyth County School District
  • Lat / Lon: 34.173145 / -84.11373
  • Subdivision: The Gates
  • Property Class: Residential
  • Zoning: R2R
  • County Use Code: 0100

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 8083
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $1,108
  • H O A Amount: $1,108
  • H O A One Frequency: Annual
  • H O A One Name: Gates S/D
  • H O A One Type: Home Owner Association
  • H O A Two Name: The Gates Subdivision
  • H O A Two Type: Home Owner Association

Ownership Info

2040 Ridge Gate Dr has no associated ownership info
2040 Ridge Gate Dr has no associated ownership info.

Taxes

2040 Ridge Gate Dr has 8 associated Taxes items

2040 Ridge Gate Dr, Cumming, GA pays taxes in Forsyth County, GA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $224,332. The APN we've located for 2040 Ridge Gate Dr is 199-000-349.

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Taxes
  • Assessed Value:  $224,332
  • Assessed Year:  2025
  • Assessed County:  Forsyth
  • APN:  199-000-349
  • Assessed Land Value:  72000
  • Market Land Value:  180000
  • Market Value:  560830
  • Market Year:  2025

Tax History

2040 Ridge Gate Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $224,332 Land Value $72,000 Improvement Value $152,332 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $221,628 Land Value $60,000 Improvement Value $161,628 Tax Amount $1,133.91 Change Rate -0.743591% Assessed CR Tax Rate +0.005116%
Year 2023 Assessed Value $220,876 Land Value $50,000 Improvement Value $170,876 Tax Amount $4,422.27 Change Rate +0.009531% Assessed CR Tax Rate +0.020022%
Year 2022 Assessed Value $150,196 Land Value $34,000 Improvement Value $116,196 Tax Amount $4,380.52 Change Rate +0.089064% Assessed CR Tax Rate +0.029165%
Year 2021 Assessed Value $150,196 Land Value $34,000 Improvement Value $116,196 Tax Amount $4,022.28 Change Rate +4.411454% Assessed CR Tax Rate +0.02678%
Year 2020 Assessed Value $145,188 Land Value $34,000 Improvement Value $111,188 Tax Amount $743.29 Change Rate -0.798794% Assessed CR Tax Rate +0.00512%
Year 2019 Assessed Value $133,104 Land Value $24,000 Improvement Value $109,104 Tax Amount $3,694.17 Change Rate +4.057735% Assessed CR Tax Rate +0.027754%
Year 2018 Assessed Value $115,696 Land Value $24,000 Improvement Value $91,696 Tax Amount $730.4 Change Rate -0.779013% Assessed CR Tax Rate +0.006313%
Year 2017 Assessed Value $119,088 Land Value $24,000 Improvement Value $95,088 Tax Amount $3,305.17 Change Rate +3.459756% Assessed CR Tax Rate +0.027754%
Year 2016 Assessed Value $115,088 Land Value $20,000 Improvement Value $95,088 Tax Amount $741.11 Change Rate +0.003847% Assessed CR Tax Rate +0.00644%
Year 2015 Assessed Value $113,088 Land Value $18,000 Improvement Value $95,088 Tax Amount $738.27 Change Rate +0.0795% Assessed CR Tax Rate +0.006528%
Year 2014 Assessed Value $105,004 Land Value Improvement Value Tax Amount $683.9 Change Rate Assessed CR Tax Rate +0.006513%