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5505 Concord Downs Dr; Cumming, GA Property Details

5505 Concord Downs Dr, Cumming, GA is a Single Family that was built in 2006. This property is currently Financed and is not for sale. Our records show that 5505 Concord Downs Dr has 5 bedrooms, and 2.5 bathrooms, and a total of 3,234 square feet. The lot size of 5505 Concord Downs Dr is 10,890 square feet.

Off market
5505 Concord Downs Dr Cumming, GA 30040
$275,150 Listing Price
5 Beds
2.5 Baths
3,234 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2006
  • Purchase Price: $275,000
  • Open Loans / Balance: 1 / $166,276
  • Est. Equity / %: $421,724 / 71.72%
  • Gross Yield: 5.369%
  • APN: 032-000-334
  • Situs County: Forsyth
  • Length Of Ownership: 11 years, 8 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 3,234/SqFt
  • Lot: 10,890/SqFt
  • Gross: 3,234/SqFt
  • Garage: 400/SqFt
  • Living: 3,234/SqFt
  • Building: 3,234/SqFt
  • Price Per Square Foot: $85.03

Legal Description

  • Description: 3-1 1016 LT 6 PH 1A-1 CON CORD FARMS
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: 34.233047 / -84.226906
  • Subdivision: Concord Farms
  • Property Class: Residential
  • Zoning: RES3
  • County Use Code: 0100

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1339
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $70
  • H O A Amount: $70
  • H O A One Frequency: Monthly
  • H O A One Name: Concord Farms Hoa
  • H O A One Type: Home Owner Association

Ownership Info

5505 Concord Downs Dr has no associated ownership info
5505 Concord Downs Dr has no associated ownership info.

Taxes

5505 Concord Downs Dr has 10 associated Taxes items

5505 Concord Downs 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 $233,908. The APN we've located for 5505 Concord Downs Dr is 032-000-334.

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Taxes
  • Assessed Value:  $233,908
  • Assessed Year:  2025
  • Assessed County:  Forsyth
  • APN:  032-000-334
  • Assessed Land Value:  72000
  • Market Land Value:  180000
  • Tax Amount:  5735.88
  • Tax Year:  2025
  • Market Value:  584770
  • Market Year:  2025

Tax History

5505 Concord Downs Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $233,908 Land Value $72,000 Improvement Value $161,908 Tax Amount $5,735.88 Change Rate +0.064451% Assessed CR Tax Rate +0.024522%
Year 2024 Assessed Value $219,744 Land Value $64,000 Improvement Value $155,744 Tax Amount $5,388.58 Change Rate +0.045798% Assessed CR Tax Rate +0.024522%
Year 2023 Assessed Value $209,336 Land Value $52,000 Improvement Value $157,336 Tax Amount $5,152.6 Change Rate +0.273181% Assessed CR Tax Rate +0.024614%
Year 2022 Assessed Value $134,572 Land Value $28,000 Improvement Value $106,572 Tax Amount $4,047.03 Change Rate +0.170392% Assessed CR Tax Rate +0.030073%
Year 2021 Assessed Value $134,572 Land Value $28,000 Improvement Value $106,572 Tax Amount $3,457.84 Change Rate +0.035778% Assessed CR Tax Rate +0.025695%
Year 2020 Assessed Value $128,788 Land Value $28,000 Improvement Value $100,788 Tax Amount $3,338.4 Change Rate -0.03744% Assessed CR Tax Rate +0.025922%
Year 2019 Assessed Value $124,964 Land Value $24,000 Improvement Value $100,964 Tax Amount $3,468.25 Change Rate +0.056755% Assessed CR Tax Rate +0.027754%
Year 2018 Assessed Value $125,424 Land Value $24,000 Improvement Value $101,424 Tax Amount $3,281.98 Change Rate +0.015323% Assessed CR Tax Rate +0.026167%
Year 2017 Assessed Value $116,468 Land Value $24,000 Improvement Value $92,468 Tax Amount $3,232.45 Change Rate +0.054313% Assessed CR Tax Rate +0.027754%
Year 2016 Assessed Value $110,468 Land Value $24,000 Improvement Value $86,468 Tax Amount $3,065.93 Change Rate +0.076974% Assessed CR Tax Rate +0.027754%
Year 2015 Assessed Value $102,388 Land Value $20,000 Improvement Value $82,388 Tax Amount $2,846.8 Change Rate +0.071866% Assessed CR Tax Rate +0.027804%
Year 2014 Assessed Value $103,612 Land Value Improvement Value Tax Amount $2,655.93 Change Rate Assessed CR Tax Rate +0.025633%