Large Location Icon

2875 Gatewater Ct; Cumming, GA Property Details

2875 Gatewater Ct, Cumming, GA is a Single Family that was built in 2006. This property is currently a cash purchase and is not for sale. Our records show that 2875 Gatewater Ct has 3 bedrooms, and 2.5 bathrooms, and a total of 1,353 square feet. The lot size of 2875 Gatewater Ct is 10,019 square feet.

For Rent
2875 Gatewater Ct Cumming, GA 30040
$1,650 Listing Price
3 Beds
2.5 Baths
1,353 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2006
  • Purchase Price: $196,000
  • Open Loans / Balance: 1 / $119,178
  • Est. Equity / %: $267,822 / 69.2%
  • Gross Yield: 6.068%
  • APN: 106-000-515
  • Situs County: Forsyth
  • Length Of Ownership: 9 years, 3 months

Rooms

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

Structure

  • Building Style: Brick
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Quality: C
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,353/SqFt
  • Lot: 10,019/SqFt
  • Gross: 1,353/SqFt
  • Garage: 342/SqFt
  • Living: 1,353/SqFt
  • Building: 1,353/SqFt
  • Garage Finished: 342/SqFt
  • Price Per Square Foot: $144.86

Legal Description

  • Description: 2-1 344 LT55 UN1 SEC2 STO NEBROOKE COMN
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: 34.17065 / -84.17344
  • Subdivision: Stonebrooke Commons
  • Property Class: Residential
  • Zoning: R3
  • County Use Code: 0100

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 0516
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Central

HOA

  • H O A One: $295
  • H O A Amount: $295
  • H O A One Frequency: Quarterly
  • H O A One Name: Stonebrooke Common Hoa Inc
  • H O A One Type: Home Owner Association

Ownership Info

2875 Gatewater Ct has no associated ownership info
2875 Gatewater Ct has no associated ownership info.

Taxes

2875 Gatewater Ct has 10 associated Taxes items

2875 Gatewater Ct, 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 $140,231. The APN we've located for 2875 Gatewater Ct is 106-000-515.

Unlock the full report
Taxes
  • Assessed Value:  $140,231
  • Assessed Year:  2025
  • Assessed County:  Forsyth
  • APN:  106-000-515
  • Assessed Land Value:  66000
  • Market Land Value:  165000
  • Tax Amount:  3438.75
  • Tax Year:  2025
  • Market Value:  350578
  • Market Year:  2025

Tax History

2875 Gatewater Ct has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $140,231 Land Value $66,000 Improvement Value $74,231 Tax Amount $3,438.75 Change Rate +0.117646% Assessed CR Tax Rate +0.024522%
Year 2024 Assessed Value $147,612 Land Value $66,000 Improvement Value $81,612 Tax Amount $3,076.78 Change Rate +0.306943% Assessed CR Tax Rate +0.020844%
Year 2023 Assessed Value $95,644 Land Value $32,000 Improvement Value $63,644 Tax Amount $2,354.18 Change Rate -0.075149% Assessed CR Tax Rate +0.024614%
Year 2022 Assessed Value $95,644 Land Value $32,000 Improvement Value $63,644 Tax Amount $2,545.47 Change Rate +0.133865% Assessed CR Tax Rate +0.026614%
Year 2021 Assessed Value $95,644 Land Value $32,000 Improvement Value $63,644 Tax Amount $2,244.95 Change Rate -0.097257% Assessed CR Tax Rate +0.023472%
Year 2020 Assessed Value $90,056 Land Value $32,000 Improvement Value $58,056 Tax Amount $2,486.81 Change Rate +0.047387% Assessed CR Tax Rate +0.027614%
Year 2019 Assessed Value $85,548 Land Value $32,000 Improvement Value $53,548 Tax Amount $2,374.3 Change Rate +0.288378% Assessed CR Tax Rate +0.027754%
Year 2018 Assessed Value $78,400 Land Value $32,520 Improvement Value $45,880 Tax Amount $1,842.86 Change Rate -0.139052% Assessed CR Tax Rate +0.023506%
Year 2017 Assessed Value $77,124 Land Value $32,000 Improvement Value $45,124 Tax Amount $2,140.5 Change Rate +0.115733% Assessed CR Tax Rate +0.027754%
Year 2016 Assessed Value $69,124 Land Value $24,000 Improvement Value $45,124 Tax Amount $1,918.47 Change Rate +0.093077% Assessed CR Tax Rate +0.027754%
Year 2015 Assessed Value $63,124 Land Value $18,000 Improvement Value $45,124 Tax Amount $1,755.11 Change Rate +0.232807% Assessed CR Tax Rate +0.027804%
Year 2014 Assessed Value $53,776 Land Value $18,000 Improvement Value $35,776 Tax Amount $1,423.67 Change Rate Assessed CR Tax Rate +0.026474%