Large Location Icon

307 Somerton Pl; Cumming, GA Property Details

307 Somerton Pl, Cumming, GA is a Condominium that was built in 2003. This property is currently Financed and is not for sale. Our records show that 307 Somerton Pl has 2 bedrooms, and 2 bathrooms, and a total of 1,488 square feet. The lot size of 307 Somerton Pl is 2,178 square feet.

Off market
307 Somerton Pl Cumming, GA 30040
$372,000 Listing Price
2 Beds
2 Baths
1,488 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 2003
  • Purchase Price: $372,000
  • Open Loans / Balance: 1 / $274,221
  • Est. Equity / %: $126,779 / 31.62%
  • Gross Yield: 6.643%
  • APN: C01-000-041
  • Situs County: Forsyth
  • Length Of Ownership: 4 years

Rooms

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

Structure

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

Measurements

  • Total: 1,488/SqFt
  • Lot: 2,178/SqFt
  • Gross: 1,488/SqFt
  • Garage: 510/SqFt
  • Living: 1,488/SqFt
  • Building: 1,488/SqFt
  • Ground: 1,488/SqFt
  • Price Per Square Foot: $250.00

Legal Description

  • Description: 3-1 1104 BLDG 3 UN 307 NEWBURY
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: 34.22467 / -84.15302
  • Subdivision: Newbury Village
  • Property Class: Residential
  • Zoning: R3
  • County Use Code: 0300

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7883
  • 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

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

Taxes

307 Somerton Pl has 10 associated Taxes items

307 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 $153,444. The APN we've located for 307 Somerton Pl is C01-000-041.

Unlock the full report
Taxes
  • Assessed Value:  $153,444
  • Assessed Year:  2025
  • Assessed County:  Forsyth
  • APN:  C01-000-041
  • Assessed Land Value:  58000
  • Market Land Value:  145000
  • Tax Amount:  877.18
  • Tax Year:  2025
  • Market Value:  383610
  • Market Year:  2025

Tax History

307 Somerton Pl has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $153,444 Land Value $58,000 Improvement Value $95,444 Tax Amount $877.18 Change Rate -0.010881% Assessed CR Tax Rate +0.005717%
Year 2024 Assessed Value $147,508 Land Value $58,000 Improvement Value $89,508 Tax Amount $886.83 Change Rate +0.149712% Assessed CR Tax Rate +0.006012%
Year 2023 Assessed Value $144,644 Land Value $44,000 Improvement Value $100,644 Tax Amount $771.35 Change Rate +0.107021% Assessed CR Tax Rate +0.005333%
Year 2022 Assessed Value $98,892 Land Value $32,000 Improvement Value $66,892 Tax Amount $696.78 Change Rate +0.02537% Assessed CR Tax Rate +0.007046%
Year 2021 Assessed Value $98,892 Land Value $32,000 Improvement Value $66,892 Tax Amount $679.54 Change Rate +0.000751% Assessed CR Tax Rate +0.006872%
Year 2020 Assessed Value $98,340 Land Value $32,000 Improvement Value $66,340 Tax Amount $679.03 Change Rate -0.735067% Assessed CR Tax Rate +0.006905%
Year 2019 Assessed Value $92,348 Land Value $20,000 Improvement Value $72,348 Tax Amount $2,563.03 Change Rate +0.05517% Assessed CR Tax Rate +0.027754%
Year 2018 Assessed Value $87,836 Land Value $20,000 Improvement Value $67,836 Tax Amount $2,429.02 Change Rate +0.010105% Assessed CR Tax Rate +0.027654%
Year 2017 Assessed Value $86,644 Land Value $20,000 Improvement Value $66,644 Tax Amount $2,404.72 Change Rate +0.258561% Assessed CR Tax Rate +0.027754%
Year 2016 Assessed Value $68,844 Land Value $20,000 Improvement Value $48,844 Tax Amount $1,910.69 Change Rate +2.819089% Assessed CR Tax Rate +0.027754%
Year 2015 Assessed Value $68,844 Land Value $20,000 Improvement Value $48,844 Tax Amount $500.3 Change Rate +0.251877% Assessed CR Tax Rate +0.007267%
Year 2014 Assessed Value $59,292 Land Value Improvement Value Tax Amount $399.64 Change Rate Assessed CR Tax Rate +0.00674%