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405 Somerton Pl; Cumming, GA Property Details

405 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 405 Somerton Pl has 2 bedrooms, and 2 bathrooms, and a total of 1,510 square feet. The lot size of 405 Somerton Pl is 2,178 square feet.

Off market
405 Somerton Pl Cumming, GA 30040
$240,000 Listing Price
2 Beds
2 Baths
1,510 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 2003
  • Purchase Price: $329,000
  • Open Loans / Balance: 1 / $169,330
  • Est. Equity / %: $228,670 / 57.45%
  • Gross Yield: 6.645%
  • APN: C01-000-047
  • Situs County: Forsyth
  • Length Of Ownership: 5 years, 2 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: 1,510/SqFt
  • Lot: 2,178/SqFt
  • Gross: 1,510/SqFt
  • Garage: 510/SqFt
  • Living: 1,510/SqFt
  • Building: 1,510/SqFt
  • Ground: 1,510/SqFt
  • Garage Finished: 510/SqFt
  • Price Per Square Foot: $217.88

Legal Description

  • Description: 3-1 1104 BLDG 4 UN 405 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: 34.22432 / -84.15289
  • 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
  • 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

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

Taxes

405 Somerton Pl has 10 associated Taxes items

405 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 $152,364. The APN we've located for 405 Somerton Pl is C01-000-047.

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Taxes
  • Assessed Value:  $152,364
  • Assessed Year:  2025
  • Assessed County:  Forsyth
  • APN:  C01-000-047
  • Assessed Land Value:  58000
  • Market Land Value:  145000
  • Tax Amount:  740.38
  • Tax Year:  2025
  • Market Value:  380910
  • Market Year:  2025

Tax History

405 Somerton Pl has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $152,364 Land Value $58,000 Improvement Value $94,364 Tax Amount $740.38 Change Rate -0.019533% Assessed CR Tax Rate +0.004859%
Year 2024 Assessed Value $146,508 Land Value $58,000 Improvement Value $88,508 Tax Amount $755.13 Change Rate +0.170563% Assessed CR Tax Rate +0.005154%
Year 2023 Assessed Value $143,484 Land Value $44,000 Improvement Value $99,484 Tax Amount $645.1 Change Rate -0.136331% Assessed CR Tax Rate +0.004496%
Year 2022 Assessed Value $99,452 Land Value $32,000 Improvement Value $67,452 Tax Amount $746.93 Change Rate +0.143214% Assessed CR Tax Rate +0.00751%
Year 2021 Assessed Value $99,452 Land Value $32,000 Improvement Value $67,452 Tax Amount $653.36 Change Rate +0.000735% Assessed CR Tax Rate +0.00657%
Year 2020 Assessed Value $98,940 Land Value $32,000 Improvement Value $66,940 Tax Amount $652.88 Change Rate -0.747023% Assessed CR Tax Rate +0.006599%
Year 2019 Assessed Value $92,988 Land Value $20,000 Improvement Value $72,988 Tax Amount $2,580.79 Change Rate +4.134368% Assessed CR Tax Rate +0.027754%
Year 2018 Assessed Value $88,516 Land Value $20,000 Improvement Value $68,516 Tax Amount $502.65 Change Rate -0.792601% Assessed CR Tax Rate +0.005679%
Year 2017 Assessed Value $87,324 Land Value $20,000 Improvement Value $67,324 Tax Amount $2,423.59 Change Rate +4.005246% Assessed CR Tax Rate +0.027754%
Year 2016 Assessed Value $69,284 Land Value $20,000 Improvement Value $49,284 Tax Amount $484.21 Change Rate Assessed CR Tax Rate +0.006989%
Year 2015 Assessed Value $69,284 Land Value $20,000 Improvement Value $49,284 Tax Amount $484.21 Change Rate +0.203305% Assessed CR Tax Rate +0.006989%
Year 2014 Assessed Value $59,652 Land Value Improvement Value Tax Amount $402.4 Change Rate Assessed CR Tax Rate +0.006746%