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5355 Penny Ln; Cumming, GA Property Details

5355 Penny Ln, Cumming, GA is a Single Family that was built in 2007. This property is currently Financed and is not for sale. Our records show that 5355 Penny Ln has 4 bedrooms, and 3.5 bathrooms, and a total of 2,962 square feet. The lot size of 5355 Penny Ln is 8,712 square feet.

Off market
5355 Penny Ln Cumming, GA 30040
$520,000 Listing Price
4 Beds
3.5 Baths
2,962 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 2007
  • Purchase Price: $520,000
  • Open Loans / Balance: 1 / $435,053
  • Est. Equity / %: $171,947 / 28.33%
  • Gross Yield: 5.8%
  • APN: 058-000-435
  • Situs County: Forsyth
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,962/SqFt
  • Lot: 8,712/SqFt
  • Gross: 2,962/SqFt
  • Garage: 441/SqFt
  • Living: 2,962/SqFt
  • Building: 2,962/SqFt
  • Price Per Square Foot: $175.56

Legal Description

  • Description: 2-1 118 LT56 VICKERY DWNS
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: 34.190174 / -84.21755
  • Subdivision: Vickery Downs
  • Property Class: Residential
  • Zoning: RES3
  • County Use Code: 0100

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 0277
  • Bathroom Fixtures: 11
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $1,050
  • H O A Amount: $1,050
  • H O A One Frequency: Annual
  • H O A One Name: Vickery Downs Hoa Inc
  • H O A One Type: Home Owner Association

Ownership Info

5355 Penny Ln has no associated ownership info
5355 Penny Ln has no associated ownership info.

Taxes

5355 Penny Ln has 10 associated Taxes items

5355 Penny Ln, 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 $239,436. The APN we've located for 5355 Penny Ln is 058-000-435.

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Taxes
  • Assessed Value:  $239,436
  • Assessed Year:  2025
  • Assessed County:  Forsyth
  • APN:  058-000-435
  • Assessed Land Value:  72000
  • Market Land Value:  180000
  • Tax Amount:  5083.04
  • Tax Year:  2025
  • Market Value:  598590
  • Market Year:  2025

Tax History

5355 Penny Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $239,436 Land Value $72,000 Improvement Value $167,436 Tax Amount $5,083.04 Change Rate +0.006076% Assessed CR Tax Rate +0.021229%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,052.34 Change Rate +0.173942% Assessed CR Tax Rate
Year 2023 Assessed Value $213,188 Land Value $60,000 Improvement Value $153,188 Tax Amount $4,303.74 Change Rate -0.08803% Assessed CR Tax Rate +0.020188%
Year 2022 Assessed Value $147,648 Land Value $49,200 Improvement Value $98,448 Tax Amount $4,719.17 Change Rate +0.157471% Assessed CR Tax Rate +0.031962%
Year 2021 Assessed Value $147,648 Land Value $49,200 Improvement Value $98,448 Tax Amount $4,077.14 Change Rate +0.099028% Assessed CR Tax Rate +0.027614%
Year 2020 Assessed Value $134,344 Land Value $30,000 Improvement Value $104,344 Tax Amount $3,709.77 Change Rate +0.013214% Assessed CR Tax Rate +0.027614%
Year 2019 Assessed Value $132,400 Land Value $30,000 Improvement Value $102,400 Tax Amount $3,661.39 Change Rate +0.028463% Assessed CR Tax Rate +0.027654%
Year 2018 Assessed Value $128,736 Land Value $30,000 Improvement Value $98,736 Tax Amount $3,560.06 Change Rate +0.06182% Assessed CR Tax Rate +0.027654%
Year 2017 Assessed Value $120,804 Land Value $30,000 Improvement Value $90,804 Tax Amount $3,352.79 Change Rate +0.052258% Assessed CR Tax Rate +0.027754%
Year 2016 Assessed Value $114,804 Land Value $24,000 Improvement Value $90,804 Tax Amount $3,186.28 Change Rate +0.310568% Assessed CR Tax Rate +0.027754%
Year 2015 Assessed Value $91,768 Land Value $20,000 Improvement Value $71,768 Tax Amount $2,431.22 Change Rate +0.081658% Assessed CR Tax Rate +0.026493%
Year 2014 Assessed Value $88,660 Land Value Improvement Value Tax Amount $2,247.68 Change Rate Assessed CR Tax Rate +0.025352%