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401 Somerton Pl; Cumming, GA Property Details

401 Somerton Pl, Cumming, GA is a Condominium that was built in 2003. This property is currently a cash purchase and is not for sale. Our records show that 401 Somerton Pl has 2 bedrooms, and 2 bathrooms, and a total of 1,488 square feet. The lot size of 401 Somerton Pl is 1,742 square feet.

Off market
401 Somerton Pl Cumming, GA 30040
$228,000 Listing Price
2 Beds
2 Baths
1,488 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2003
  • Purchase Price: $228,000
  • Est. Equity / %: $401,000 / 100%
  • Gross Yield: 6.64%
  • APN: C01-000-043
  • Situs County: Forsyth
  • Length Of Ownership: 9 years, 6 months

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: 1,742/SqFt
  • Gross: 1,488/SqFt
  • Garage: 510/SqFt
  • Living: 1,488/SqFt
  • Building: 1,488/SqFt
  • Ground: 1,488/SqFt
  • Garage Finished: 510/SqFt
  • Price Per Square Foot: $153.23

Legal Description

  • Description: 3-1 1104 BLDG 4 UN 401 NEW BURY 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: 34.224533 / -84.152794
  • Subdivision: Newbury Village
  • Property Class: Residential
  • Zoning: R3
  • County Use Code: 0300

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7885
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Central

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

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

Taxes

401 Somerton Pl has 10 associated Taxes items

401 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 $153,404. The APN we've located for 401 Somerton Pl is C01-000-043.

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Taxes
  • Assessed Value:  $153,404
  • Assessed Year:  2025
  • Assessed County:  Forsyth
  • APN:  C01-000-043
  • Assessed Land Value:  58000
  • Market Land Value:  145000
  • Tax Amount:  662.78
  • Tax Year:  2025
  • Market Value:  383510
  • Market Year:  2025

Tax History

401 Somerton Pl has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $153,404 Land Value $58,000 Improvement Value $95,404 Tax Amount $662.78 Change Rate -0.026626% Assessed CR Tax Rate +0.00432%
Year 2024 Assessed Value $147,508 Land Value $58,000 Improvement Value $89,508 Tax Amount $680.91 Change Rate +0.184809% Assessed CR Tax Rate +0.004616%
Year 2023 Assessed Value $144,604 Land Value $44,000 Improvement Value $100,604 Tax Amount $574.7 Change Rate -0.150229% Assessed CR Tax Rate +0.003974%
Year 2022 Assessed Value $100,212 Land Value $32,000 Improvement Value $68,212 Tax Amount $676.3 Change Rate +0.026548% Assessed CR Tax Rate +0.006749%
Year 2021 Assessed Value $100,212 Land Value $32,000 Improvement Value $68,212 Tax Amount $658.81 Change Rate +0.000729% Assessed CR Tax Rate +0.006574%
Year 2020 Assessed Value $99,700 Land Value $32,000 Improvement Value $67,700 Tax Amount $658.33 Change Rate -0.747087% Assessed CR Tax Rate +0.006603%
Year 2019 Assessed Value $93,788 Land Value $20,000 Improvement Value $73,788 Tax Amount $2,602.99 Change Rate +0.055282% Assessed CR Tax Rate +0.027754%
Year 2018 Assessed Value $89,196 Land Value $20,000 Improvement Value $69,196 Tax Amount $2,466.63 Change Rate -0.057372% Assessed CR Tax Rate +0.027654%
Year 2017 Assessed Value $94,284 Land Value $20,000 Improvement Value $74,284 Tax Amount $2,616.76 Change Rate +3.827169% Assessed CR Tax Rate +0.027754%
Year 2016 Assessed Value $74,044 Land Value $20,000 Improvement Value $54,044 Tax Amount $542.09 Change Rate Assessed CR Tax Rate +0.007321%
Year 2015 Assessed Value $74,044 Land Value $20,000 Improvement Value $54,044 Tax Amount $542.09 Change Rate +0.256292% Assessed CR Tax Rate +0.007321%
Year 2014 Assessed Value $63,452 Land Value Improvement Value Tax Amount $431.5 Change Rate Assessed CR Tax Rate +0.0068%