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5035 Wallace Dr; Cumming, GA Property Details

5035 Wallace Dr, Cumming, GA is a Commercial Office that was built in 2001. This property is currently Financed and is not for sale. Our records show that 5035 Wallace Dr has 2 bedrooms, and a total of 6,900 square feet. The lot size of 5035 Wallace Dr is 70,132 square feet.

Off market
5035 Wallace Dr Cumming, GA 30041
$449,316 Estimated Value
2 Beds
6,900 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2001
  • Purchase Price: $740,000
  • Open Loans / Balance: 1 / $281,043
  • APN: 238-000-063
  • Situs County: Forsyth
  • Length Of Ownership: 17 years, 8 months

Rooms

  • Bedrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Metal

Measurements

  • Total: 6,900/SqFt
  • Lot: 70,132/SqFt
  • Gross: 6,900/SqFt
  • Living: 6,900/SqFt
  • Building: 6,900/SqFt
  • Ground: 3,000/SqFt
  • Price Per Square Foot: $107.25

Legal Description

  • Description: 14-1 398 LT 14 UN1 PH1 FORSYTH 369 IND PARK
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Forsyth County School District
  • Lat / Lon: 34.259533 / -84.066025
  • Subdivision: Forsyth 369 Industrial Park
  • Property Class: Office
  • Zoning: M1
  • County Use Code: 0353

Amenities

  • Plus Four: 3916
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

5035 Wallace Dr has no associated ownership info
5035 Wallace Dr has no associated ownership info.

Taxes

5035 Wallace Dr has 10 associated Taxes items

5035 Wallace Dr, 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 $449,316. The APN we've located for 5035 Wallace Dr is 238-000-063.

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Taxes
  • Assessed Value:  $449,316
  • Assessed Year:  2025
  • Assessed County:  Forsyth
  • APN:  238-000-063
  • Assessed Land Value:  127512
  • Market Land Value:  318780
  • Tax Amount:  11018.13
  • Tax Year:  2025
  • Market Value:  1123289
  • Market Year:  2025

Tax History

5035 Wallace Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $449,316 Land Value $127,512 Improvement Value $321,804 Tax Amount $11,018.13 Change Rate +1.096802% Assessed CR Tax Rate +0.024522%
Year 2024 Assessed Value $214,286 Land Value $77,280 Improvement Value $137,006 Tax Amount $5,254.73 Change Rate -0.003737% Assessed CR Tax Rate +0.024522%
Year 2023 Assessed Value $214,286 Land Value $77,280 Improvement Value $137,006 Tax Amount $5,274.44 Change Rate +0.088063% Assessed CR Tax Rate +0.024614%
Year 2022 Assessed Value $199,754 Land Value $77,280 Improvement Value $122,474 Tax Amount $4,847.55 Change Rate -0.121184% Assessed CR Tax Rate +0.024268%
Year 2021 Assessed Value $199,754 Land Value $77,280 Improvement Value $122,474 Tax Amount $5,516 Change Rate Assessed CR Tax Rate +0.027614%
Year 2020 Assessed Value $199,754 Land Value $77,280 Improvement Value $122,474 Tax Amount $5,516 Change Rate -0.005045% Assessed CR Tax Rate +0.027614%
Year 2019 Assessed Value $199,754 Land Value $77,280 Improvement Value $122,474 Tax Amount $5,543.97 Change Rate +0.031315% Assessed CR Tax Rate +0.027754%
Year 2018 Assessed Value $194,389 Land Value $77,280 Improvement Value $117,109 Tax Amount $5,375.63 Change Rate -0.003603% Assessed CR Tax Rate +0.027654%
Year 2017 Assessed Value $194,389 Land Value $77,280 Improvement Value $117,109 Tax Amount $5,395.07 Change Rate -0.000002% Assessed CR Tax Rate +0.027754%
Year 2016 Assessed Value $194,389 Land Value $77,280 Improvement Value $117,109 Tax Amount $5,395.08 Change Rate -0.001798% Assessed CR Tax Rate +0.027754%
Year 2015 Assessed Value $194,389 Land Value $77,280 Improvement Value $117,109 Tax Amount $5,404.8 Change Rate +0.302751% Assessed CR Tax Rate +0.027804%
Year 2014 Assessed Value $156,711 Land Value Improvement Value Tax Amount $4,148.76 Change Rate Assessed CR Tax Rate +0.026474%