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5240 Rustic Ct; Cumming, GA Property Details

5240 Rustic Ct, Cumming, GA is a Single Family that was built in 2014. This property is currently Financed,New Construction and is not for sale. Our records show that 5240 Rustic Ct has 5 bedrooms, and 4 bathrooms, and a total of 4,284 square feet. The lot size of 5240 Rustic Ct is 10,890 square feet.

Off market
5240 Rustic Ct Cumming, GA 30040
$292,540 Estimated Value
5 Beds
4 Baths
4,284 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2014
  • Purchase Price: $396,871
  • Open Loans / Balance: 1 / $158,944
  • Est. Equity / %: $572,056 / 78.26%
  • Gross Yield: 5.683%
  • APN: 078-000-469
  • Situs County: Forsyth
  • Length Of Ownership: 11 years, 4 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full Bathrooms: 4

Structure

  • Building Style: Wood
  • Stories: 2
  • Exterior Wall Type: Other
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt

Measurements

  • Total: 4,284/SqFt
  • Lot: 10,890/SqFt
  • Gross: 4,284/SqFt
  • Garage: 474/SqFt
  • Living: 4,284/SqFt
  • Building: 4,284/SqFt
  • Price Per Square Foot: $92.64

Legal Description

  • Description: 3-1-1092 LT97 PH 1 ARBORS AT LAKE VIEW
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Forsyth County School District
  • Lat / Lon: 34.22348 / -84.20472
  • Subdivision: Arbors At Lakeview Ph 1 & 2
  • Property Class: Residential
  • Zoning: RES3
  • County Use Code: 0100

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 9759
  • Bathroom Fixtures: 12
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Heat Pump
  • Parking: 2

HOA

  • H O A One: $1,800
  • H O A Amount: $1,800
  • H O A One Frequency: Semi-Annual
  • H O A One Name: Lakeview Community Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

5240 Rustic Ct has no associated ownership info
5240 Rustic Ct has no associated ownership info.

Taxes

5240 Rustic Ct has 10 associated Taxes items

5240 Rustic Ct, 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 $292,540. The APN we've located for 5240 Rustic Ct is 078-000-469.

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Taxes
  • Assessed Value:  $292,540
  • Assessed Year:  2025
  • Assessed County:  Forsyth
  • APN:  078-000-469
  • Assessed Land Value:  72000
  • Market Land Value:  180000
  • Tax Amount:  6091.1
  • Tax Year:  2025
  • Market Value:  731350
  • Market Year:  2025

Tax History

5240 Rustic Ct has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $292,540 Land Value $72,000 Improvement Value $220,540 Tax Amount $6,091.1 Change Rate -0.030407% Assessed CR Tax Rate +0.020821%
Year 2024 Assessed Value $301,216 Land Value $64,000 Improvement Value $237,216 Tax Amount $6,282.12 Change Rate +0.111559% Assessed CR Tax Rate +0.020856%
Year 2023 Assessed Value $283,888 Land Value $52,000 Improvement Value $231,888 Tax Amount $5,651.63 Change Rate +0.095052% Assessed CR Tax Rate +0.019908%
Year 2022 Assessed Value $172,524 Land Value $40,000 Improvement Value $132,524 Tax Amount $5,161.06 Change Rate +0.121813% Assessed CR Tax Rate +0.029915%
Year 2021 Assessed Value $172,524 Land Value $40,000 Improvement Value $132,524 Tax Amount $4,600.64 Change Rate +0.009351% Assessed CR Tax Rate +0.026667%
Year 2020 Assessed Value $170,460 Land Value $40,000 Improvement Value $130,460 Tax Amount $4,558.02 Change Rate +0.087381% Assessed CR Tax Rate +0.02674%
Year 2019 Assessed Value $151,032 Land Value $32,000 Improvement Value $119,032 Tax Amount $4,191.74 Change Rate -0.092196% Assessed CR Tax Rate +0.027754%
Year 2018 Assessed Value $172,688 Land Value $32,000 Improvement Value $140,688 Tax Amount $4,617.45 Change Rate +0.026801% Assessed CR Tax Rate +0.026739%
Year 2017 Assessed Value $162,028 Land Value $32,000 Improvement Value $130,028 Tax Amount $4,496.93 Change Rate +0.041593% Assessed CR Tax Rate +0.027754%
Year 2016 Assessed Value $158,712 Land Value $31,352 Improvement Value $127,360 Tax Amount $4,317.36 Change Rate -0.041656% Assessed CR Tax Rate +0.027202%
Year 2015 Assessed Value $162,028 Land Value $32,000 Improvement Value $130,028 Tax Amount $4,505.02 Change Rate Assessed CR Tax Rate +0.027804%