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5550 Cheatam Ave; Cumming, GA Property Details

5550 Cheatam Ave, Cumming, GA is a Single Family that was built in 2017. This property is currently Financed and is not for sale. Our records show that 5550 Cheatam Ave has 5 bedrooms, and 4 bathrooms, and a total of 4,333 square feet. The lot size of 5550 Cheatam Ave is 14,810 square feet.

Off market
5550 Cheatam Ave Cumming, GA 30040
$765,000 Listing Price
5 Beds
4 Baths
4,333 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2017
  • Purchase Price: $765,000
  • Open Loans / Balance: 1 / $497,703
  • Est. Equity / %: $396,297 / 44.33%
  • Gross Yield: 6.385%
  • APN: 057-000-250
  • Situs County: Forsyth
  • Length Of Ownership: 4 years

Rooms

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

Structure

  • Building Style: Brick
  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Quality: B

Measurements

  • Total: 4,333/SqFt
  • Lot: 14,810/SqFt
  • Gross: 4,333/SqFt
  • Garage: 707/SqFt
  • Living: 4,333/SqFt
  • Building: 4,333/SqFt
  • Garage Finished: 707/SqFt
  • Price Per Square Foot: $176.55

Legal Description

  • Description: 2-1 46 LT 31 PH 1 CHATSWORTH MANOR
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: 34.198418 / -84.215996
  • Subdivision: Chatsworth Manor
  • Property Class: Residential
  • Zoning: RES3
  • County Use Code: 0100

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2570
  • Bathroom Fixtures: 12
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Central

HOA

  • H O A One: $1,300
  • H O A Amount: $1,300
  • H O A One Frequency: Annual
  • H O A One Name: Chatsworth Manor Hoa Inc
  • H O A One Type: Home Owner Association

Ownership Info

5550 Cheatam Ave has no associated ownership info
5550 Cheatam Ave has no associated ownership info.

Taxes

5550 Cheatam Ave has 10 associated Taxes items

5550 Cheatam Ave, 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 $372,184. The APN we've located for 5550 Cheatam Ave is 057-000-250.

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Taxes
  • Assessed Value:  $372,184
  • Assessed Year:  2025
  • Assessed County:  Forsyth
  • APN:  057-000-250
  • Assessed Land Value:  72000
  • Market Land Value:  180000
  • Tax Amount:  7735.54
  • Tax Year:  2025
  • Market Value:  930460
  • Market Year:  2025

Tax History

5550 Cheatam Ave has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $372,184 Land Value $72,000 Improvement Value $300,184 Tax Amount $7,735.54 Change Rate +0.029026% Assessed CR Tax Rate +0.020784%
Year 2024 Assessed Value $345,408 Land Value $64,000 Improvement Value $281,408 Tax Amount $7,517.34 Change Rate +0.157509% Assessed CR Tax Rate +0.021764%
Year 2023 Assessed Value $306,000 Land Value $56,280 Improvement Value $249,720 Tax Amount $6,494.41 Change Rate +0.129942% Assessed CR Tax Rate +0.021224%
Year 2022 Assessed Value $203,372 Land Value $40,000 Improvement Value $163,372 Tax Amount $5,747.56 Change Rate +0.047514% Assessed CR Tax Rate +0.028261%
Year 2021 Assessed Value $203,372 Land Value $40,000 Improvement Value $163,372 Tax Amount $5,486.86 Change Rate +0.011882% Assessed CR Tax Rate +0.026979%
Year 2020 Assessed Value $200,252 Land Value $40,000 Improvement Value $160,252 Tax Amount $5,422.43 Change Rate -0.036614% Assessed CR Tax Rate +0.027078%
Year 2019 Assessed Value $202,800 Land Value $32,800 Improvement Value $170,000 Tax Amount $5,628.51 Change Rate +0.028922% Assessed CR Tax Rate +0.027754%
Year 2018 Assessed Value $197,812 Land Value $32,000 Improvement Value $165,812 Tax Amount $5,470.3 Change Rate Assessed CR Tax Rate +0.027654%