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2320 Melrose Trce; Cumming, GA Property Details

2320 Melrose Trce, Cumming, GA is a Single Family that was built in 1994. This property is currently Financed and is not for sale. Our records show that 2320 Melrose Trce has 3 bedrooms, and 2.5 bathrooms, and a total of 2,478 square feet. The lot size of 2320 Melrose Trce is 22,651 square feet.

Off market
2320 Melrose Trce Cumming, GA 30041
$212,536 Estimated Value
3 Beds
2.5 Baths
2,478 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 1994
  • Purchase Price: $210,000
  • Open Loans / Balance: 1 / $67,945
  • Est. Equity / %: $531,055 / 88.66%
  • Gross Yield: 6.248%
  • APN: 134-000-053
  • Situs County: Forsyth
  • Length Of Ownership: 25 years, 8 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: Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 2,478/SqFt
  • Lot: 22,651/SqFt
  • Gross: 2,478/SqFt
  • Garage: 540/SqFt
  • Living: 2,478/SqFt
  • Building: 2,478/SqFt
  • Ground: 2,478/SqFt
  • Price Per Square Foot: $84.75

Legal Description

  • Description: 2-1 708 LT 95 PH1 MARGATE
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: 34.132828 / -84.15409
  • Subdivision: Margate
  • Property Class: Residential
  • Zoning: R2R
  • County Use Code: 0100

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7285
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $800
  • H O A Amount: $800
  • H O A One Frequency: Annual
  • H O A One Name: Margate Homeowners Assoc Inc
  • H O A One Type: Home Owner Association

Ownership Info

2320 Melrose Trce has no associated ownership info
2320 Melrose Trce has no associated ownership info.

Taxes

2320 Melrose Trce has 10 associated Taxes items

2320 Melrose Trce, 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 $212,536. The APN we've located for 2320 Melrose Trce is 134-000-053.

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Taxes
  • Assessed Value:  $212,536
  • Assessed Year:  2025
  • Assessed County:  Forsyth
  • APN:  134-000-053
  • Assessed Land Value:  68000
  • Market Land Value:  170000
  • Tax Amount:  5211.81
  • Tax Year:  2025
  • Market Value:  531340
  • Market Year:  2025

Tax History

2320 Melrose Trce has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $212,536 Land Value $68,000 Improvement Value $144,536 Tax Amount $5,211.81 Change Rate +0.13653% Assessed CR Tax Rate +0.024522%
Year 2024 Assessed Value $187,004 Land Value $60,000 Improvement Value $127,004 Tax Amount $4,585.72 Change Rate -0.047829% Assessed CR Tax Rate +0.024522%
Year 2023 Assessed Value $195,664 Land Value $60,000 Improvement Value $135,664 Tax Amount $4,816.07 Change Rate +0.107738% Assessed CR Tax Rate +0.024614%
Year 2022 Assessed Value $138,244 Land Value $32,000 Improvement Value $106,244 Tax Amount $4,347.66 Change Rate +0.138888% Assessed CR Tax Rate +0.031449%
Year 2021 Assessed Value $138,244 Land Value $32,000 Improvement Value $106,244 Tax Amount $3,817.46 Change Rate +0.070393% Assessed CR Tax Rate +0.027614%
Year 2020 Assessed Value $129,152 Land Value $32,000 Improvement Value $97,152 Tax Amount $3,566.41 Change Rate +0.045571% Assessed CR Tax Rate +0.027614%
Year 2019 Assessed Value $122,900 Land Value $32,000 Improvement Value $90,900 Tax Amount $3,410.97 Change Rate +0.052713% Assessed CR Tax Rate +0.027754%
Year 2018 Assessed Value $117,168 Land Value $32,000 Improvement Value $85,168 Tax Amount $3,240.17 Change Rate +0.126545% Assessed CR Tax Rate +0.027654%
Year 2017 Assessed Value $103,632 Land Value $24,000 Improvement Value $79,632 Tax Amount $2,876.2 Change Rate +0.000003% Assessed CR Tax Rate +0.027754%
Year 2016 Assessed Value $103,632 Land Value $24,000 Improvement Value $79,632 Tax Amount $2,876.19 Change Rate +0.14188% Assessed CR Tax Rate +0.027754%
Year 2015 Assessed Value $90,592 Land Value $24,000 Improvement Value $66,592 Tax Amount $2,518.82 Change Rate +0.203363% Assessed CR Tax Rate +0.027804%
Year 2014 Assessed Value $79,064 Land Value Improvement Value Tax Amount $2,093.15 Change Rate Assessed CR Tax Rate +0.026474%