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5575 Hancock Ln; Cumming, GA Property Details

5575 Hancock Ln, Cumming, GA is a Single Family that was built in 2005. This property is currently a cash purchase and is not for sale. Our records show that 5575 Hancock Ln has 3 bedrooms, and 2 bathrooms, and a total of 1,720 square feet. The lot size of 5575 Hancock Ln is 25,700 square feet.

Off market
5575 Hancock Ln Cumming, GA 30041
$457,500 Listing Price
3 Beds
2 Baths
1,720 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2005
  • Purchase Price: $457,500
  • Open Loans / Balance: 1 / $106,006
  • Est. Equity / %: $333,994 / 75.91%
  • Gross Yield: 6.941%
  • APN: 269-000-321
  • Situs County: Forsyth
  • Length Of Ownership: 2 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 1.25
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 1,720/SqFt
  • Lot: 25,700/SqFt
  • Gross: 1,720/SqFt
  • Garage: 440/SqFt
  • Living: 1,720/SqFt
  • Building: 1,720/SqFt
  • Price Per Square Foot: $265.99

Legal Description

  • Description: 14-1 726 LT15 PH 2 SIDNEY MILL
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: 34.262726 / -84.03076
  • Subdivision: Sidney Mill
  • Property Class: Residential
  • Zoning: R2R
  • County Use Code: 0100

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5544
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $200
  • H O A Amount: $200
  • H O A One Type: Home Owner Association

Ownership Info

5575 Hancock Ln has no associated ownership info
5575 Hancock Ln has no associated ownership info.

Taxes

5575 Hancock Ln has 10 associated Taxes items

5575 Hancock 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 $176,304. The APN we've located for 5575 Hancock Ln is 269-000-321.

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Taxes
  • Assessed Value:  $176,304
  • Assessed Year:  2025
  • Assessed County:  Forsyth
  • APN:  269-000-321
  • Assessed Land Value:  46000
  • Market Land Value:  115000
  • Tax Amount:  1206.89
  • Tax Year:  2025
  • Market Value:  440760
  • Market Year:  2025

Tax History

5575 Hancock Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $176,304 Land Value $46,000 Improvement Value $130,304 Tax Amount $1,206.89 Change Rate -0.657004% Assessed CR Tax Rate +0.006846%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,518.67 Change Rate +0.085199% Assessed CR Tax Rate
Year 2023 Assessed Value $169,300 Land Value $40,000 Improvement Value $129,300 Tax Amount $3,242.42 Change Rate +0.100771% Assessed CR Tax Rate +0.019152%
Year 2022 Assessed Value $106,000 Land Value $17,960 Improvement Value $88,040 Tax Amount $2,945.59 Change Rate +0.00632% Assessed CR Tax Rate +0.027789%
Year 2021 Assessed Value $106,000 Land Value $17,960 Improvement Value $88,040 Tax Amount $2,927.09 Change Rate +0.049095% Assessed CR Tax Rate +0.027614%
Year 2020 Assessed Value $101,040 Land Value $18,000 Improvement Value $83,040 Tax Amount $2,790.11 Change Rate +0.113634% Assessed CR Tax Rate +0.027614%
Year 2019 Assessed Value $90,272 Land Value $14,000 Improvement Value $76,272 Tax Amount $2,505.41 Change Rate +0.039257% Assessed CR Tax Rate +0.027754%
Year 2018 Assessed Value $87,176 Land Value $14,000 Improvement Value $73,176 Tax Amount $2,410.77 Change Rate +0.17923% Assessed CR Tax Rate +0.027654%
Year 2017 Assessed Value $73,660 Land Value $14,000 Improvement Value $59,660 Tax Amount $2,044.36 Change Rate +3.836547% Assessed CR Tax Rate +0.027754%
Year 2016 Assessed Value $68,056 Land Value $10,000 Improvement Value $58,056 Tax Amount $422.69 Change Rate -0.000142% Assessed CR Tax Rate +0.006211%
Year 2015 Assessed Value $68,056 Land Value $10,000 Improvement Value $58,056 Tax Amount $422.75 Change Rate +0.100109% Assessed CR Tax Rate +0.006212%
Year 2014 Assessed Value $57,284 Land Value Improvement Value Tax Amount $384.28 Change Rate Assessed CR Tax Rate +0.006708%