Large Location Icon

2040 Ridge Rd; Cumming, GA Property Details

2040 Ridge Rd, Cumming, GA is a Single Family that was built in 2022. This property is for sale. Our records show that 2040 Ridge Rd has 2 bedrooms, and 2.5 bathrooms, and a total of 2,172 square feet. The lot size of 2040 Ridge Rd is 4,375 square feet.

On Market for 1 days
2040 Ridge Rd Cumming, GA 30041
$1,150,000 Listing Price
2 Beds
2.5 Baths
2,172 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2022
  • Est. Equity / %: $1,062,000 / 100%
  • Gross Yield: 4.224%
  • APN: 198-000-079
  • Situs County: Forsyth

Rooms

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

Structure

  • Building Style: Concrete
  • Stories: 2
  • Exterior Wall Type: Concrete
  • Building Quality: C
  • Roof Type: Flat
  • Roof Cover Type: Other

Measurements

  • Total: 2,172/SqFt
  • Lot: 4,375/SqFt
  • Gross: 2,172/SqFt
  • Living: 2,172/SqFt
  • Building: 2,172/SqFt
  • Ground: 460/SqFt

Legal Description

  • Description: 14-1 40 LT6 MYRON BAGWELL
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: 34.189335 / -84.100426
  • Subdivision: Myron Bagwell
  • Property Class: Residential
  • Zoning: LR
  • County Use Code: 0122

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 8642
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Central

Ownership Info

2040 Ridge Rd has no associated ownership info
2040 Ridge Rd has no associated ownership info.

Taxes

2040 Ridge Rd has 10 associated Taxes items

2040 Ridge Rd, 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 $311,204. The APN we've located for 2040 Ridge Rd is 198-000-079.

Unlock the full report
Taxes
  • Assessed Value:  $311,204
  • Assessed Year:  2025
  • Assessed County:  Forsyth
  • APN:  198-000-079
  • Assessed Land Value:  140000
  • Market Land Value:  350000
  • Tax Amount:  7408.01
  • Tax Year:  2025
  • Market Value:  778010
  • Market Year:  2025

Tax History

2040 Ridge Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $311,204 Land Value $140,000 Improvement Value $171,204 Tax Amount $7,408.01 Change Rate +0.011471% Assessed CR Tax Rate +0.023804%
Year 2024 Assessed Value $306,596 Land Value $140,000 Improvement Value $166,596 Tax Amount $7,324 Change Rate +0.251827% Assessed CR Tax Rate +0.023888%
Year 2023 Assessed Value $245,808 Land Value $112,000 Improvement Value $133,808 Tax Amount $5,850.65 Change Rate +0.328558% Assessed CR Tax Rate +0.023802%
Year 2022 Assessed Value $145,552 Land Value $140,000 Improvement Value $5,552 Tax Amount $4,403.76 Change Rate +0.095662% Assessed CR Tax Rate +0.030256%
Year 2021 Assessed Value $145,552 Land Value $140,000 Improvement Value $5,552 Tax Amount $4,019.27 Change Rate -0.000495% Assessed CR Tax Rate +0.027614%
Year 2020 Assessed Value $145,624 Land Value $140,000 Improvement Value $5,624 Tax Amount $4,021.26 Change Rate -0.005564% Assessed CR Tax Rate +0.027614%
Year 2019 Assessed Value $145,700 Land Value $140,000 Improvement Value $5,700 Tax Amount $4,043.76 Change Rate -0.073694% Assessed CR Tax Rate +0.027754%
Year 2018 Assessed Value $157,860 Land Value $154,000 Improvement Value $3,860 Tax Amount $4,365.47 Change Rate +0.258372% Assessed CR Tax Rate +0.027654%
Year 2017 Assessed Value $124,996 Land Value $121,000 Improvement Value $3,996 Tax Amount $3,469.14 Change Rate +4.815728% Assessed CR Tax Rate +0.027754%
Year 2016 Assessed Value $118,396 Land Value $114,400 Improvement Value $3,996 Tax Amount $596.51 Change Rate +0.010571% Assessed CR Tax Rate +0.005038%
Year 2015 Assessed Value $113,996 Land Value $110,000 Improvement Value $3,996 Tax Amount $590.27 Change Rate +0.095954% Assessed CR Tax Rate +0.005178%
Year 2014 Assessed Value $114,004 Land Value Improvement Value Tax Amount $538.59 Change Rate Assessed CR Tax Rate +0.004724%