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306 Somerton Pl; Cumming, GA Property Details

306 Somerton Pl, Cumming, GA is a Condominium that was built in 2002. This property is currently Financed and is not for sale. Our records show that 306 Somerton Pl has 2 bedrooms, and 2 bathrooms, and a total of 1,480 square feet. The lot size of 306 Somerton Pl is 2,178 square feet.

Off market
306 Somerton Pl Cumming, GA 30040
$405,000 Listing Price
2 Beds
2 Baths
1,480 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2002
  • Purchase Price: $405,000
  • Open Loans / Balance: 1 / $322,462
  • Est. Equity / %: $72,538 / 18.36%
  • Gross Yield: 6.671%
  • APN: C01-000-040
  • Situs County: Forsyth
  • Length Of Ownership: 11 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,480/SqFt
  • Lot: 2,178/SqFt
  • Gross: 1,480/SqFt
  • Garage: 510/SqFt
  • Living: 1,480/SqFt
  • Building: 1,480/SqFt
  • Ground: 1,480/SqFt
  • Garage Finished: 510/SqFt
  • Price Per Square Foot: $273.65

Legal Description

  • Description: 3-1 1104 BLDG 17 UN 306 NEWBURY VILLAGE
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Forsyth County School District
  • Lat / Lon: 34.224022 / -84.15383
  • Subdivision: Newbury Village
  • Property Class: Residential
  • Zoning: R3
  • County Use Code: 0300

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7884
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $300
  • H O A Amount: $300
  • H O A One Frequency: Monthly
  • H O A One Name: Newbury Hoa Inc
  • H O A One Type: Condo Owner Association

Ownership Info

306 Somerton Pl has no associated ownership info
306 Somerton Pl has no associated ownership info.

Taxes

306 Somerton Pl has 10 associated Taxes items

306 Somerton Pl, 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 $151,832. The APN we've located for 306 Somerton Pl is C01-000-040.

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Taxes
  • Assessed Value:  $151,832
  • Assessed Year:  2025
  • Assessed County:  Forsyth
  • APN:  C01-000-040
  • Assessed Land Value:  58000
  • Market Land Value:  145000
  • Tax Amount:  733.53
  • Tax Year:  2025
  • Market Value:  379580
  • Market Year:  2025

Tax History

306 Somerton Pl has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $151,832 Land Value $58,000 Improvement Value $93,832 Tax Amount $733.53 Change Rate -0.019921% Assessed CR Tax Rate +0.004831%
Year 2024 Assessed Value $146,052 Land Value $58,000 Improvement Value $88,052 Tax Amount $748.44 Change Rate +0.172295% Assessed CR Tax Rate +0.005124%
Year 2023 Assessed Value $142,912 Land Value $44,000 Improvement Value $98,912 Tax Amount $638.44 Change Rate -0.137628% Assessed CR Tax Rate +0.004467%
Year 2022 Assessed Value $99,084 Land Value $32,000 Improvement Value $67,084 Tax Amount $740.33 Change Rate +0.02387% Assessed CR Tax Rate +0.007472%
Year 2021 Assessed Value $99,084 Land Value $32,000 Improvement Value $67,084 Tax Amount $723.07 Change Rate -0.734358% Assessed CR Tax Rate +0.007298%
Year 2020 Assessed Value $98,572 Land Value $32,000 Improvement Value $66,572 Tax Amount $2,721.97 Change Rate +0.055702% Assessed CR Tax Rate +0.027614%
Year 2019 Assessed Value $92,900 Land Value $20,000 Improvement Value $72,900 Tax Amount $2,578.35 Change Rate +4.118719% Assessed CR Tax Rate +0.027754%
Year 2018 Assessed Value $88,308 Land Value $20,000 Improvement Value $68,308 Tax Amount $503.71 Change Rate -0.791868% Assessed CR Tax Rate +0.005704%
Year 2017 Assessed Value $87,200 Land Value $20,000 Improvement Value $67,200 Tax Amount $2,420.15 Change Rate +3.951511% Assessed CR Tax Rate +0.027754%
Year 2016 Assessed Value $71,560 Land Value $20,000 Improvement Value $51,560 Tax Amount $488.77 Change Rate Assessed CR Tax Rate +0.00683%
Year 2015 Assessed Value $71,560 Land Value $20,000 Improvement Value $51,560 Tax Amount $488.77 Change Rate +0.173658% Assessed CR Tax Rate +0.00683%
Year 2014 Assessed Value $61,488 Land Value Improvement Value Tax Amount $416.45 Change Rate Assessed CR Tax Rate +0.006773%