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7002 Colfax Ave; Cumming, GA Property Details

7002 Colfax Ave, Cumming, GA is a Single Family that was built in 2017. This property is currently a cash purchase and is not for sale. Our records show that 7002 Colfax Ave has 4 bedrooms, and 3.5 bathrooms, and a total of 4,727 square feet. The lot size of 7002 Colfax Ave is 7,405 square feet.

Off market
7002 Colfax Ave Cumming, GA 30040
$130,000 Listing Price
4 Beds
3.5 Baths
4,727 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2017
  • Purchase Price: $130,000
  • Open Loans / Balance: 1 / $764,640
  • Est. Equity / %: $361,360 / 32.09%
  • Gross Yield: 8.704%
  • APN: 058-000-364
  • Situs County: Forsyth
  • Length Of Ownership: 10 years

Rooms

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

Structure

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

Measurements

  • Total: 4,727/SqFt
  • Lot: 7,405/SqFt
  • Gross: 4,727/SqFt
  • Garage: 600/SqFt
  • Living: 4,727/SqFt
  • Building: 4,727/SqFt
  • Garage Finished: 600/SqFt
  • Price Per Square Foot: $27.50

Legal Description

  • Description: 2-1 190 LT 189 UNS 3F,G,H VICKERY
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: 34.18511 / -84.21869
  • Subdivision: Vickery Land Co
  • Property Class: Residential
  • Zoning: PUD
  • County Use Code: 0100

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 0373
  • Bathroom Fixtures: 11
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Central

HOA

  • H O A One: $125
  • H O A Amount: $125
  • H O A One Frequency: Monthly
  • H O A One Name: Vickery Residential Assoc Inc
  • H O A One Type: Home Owner Association

Ownership Info

7002 Colfax Ave has no associated ownership info
7002 Colfax Ave has no associated ownership info.

Taxes

7002 Colfax Ave has 10 associated Taxes items

7002 Colfax 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 $534,868. The APN we've located for 7002 Colfax Ave is 058-000-364.

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Taxes
  • Assessed Value:  $534,868
  • Assessed Year:  2025
  • Assessed County:  Forsyth
  • APN:  058-000-364
  • Assessed Land Value:  128000
  • Market Land Value:  320000
  • Tax Amount:  10933.99
  • Tax Year:  2025
  • Market Value:  1337170
  • Market Year:  2025

Tax History

7002 Colfax Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $534,868 Land Value $128,000 Improvement Value $406,868 Tax Amount $10,933.99 Change Rate +0.029061% Assessed CR Tax Rate +0.020442%
Year 2024 Assessed Value $494,928 Land Value $110,000 Improvement Value $384,928 Tax Amount $10,625.21 Change Rate +0.063908% Assessed CR Tax Rate +0.021468%
Year 2023 Assessed Value $475,108 Land Value $72,000 Improvement Value $403,108 Tax Amount $9,986.96 Change Rate +0.07987% Assessed CR Tax Rate +0.02102%
Year 2022 Assessed Value $312,260 Land Value $66,000 Improvement Value $246,260 Tax Amount $9,248.3 Change Rate +0.094914% Assessed CR Tax Rate +0.029617%
Year 2021 Assessed Value $312,260 Land Value $66,000 Improvement Value $246,260 Tax Amount $8,446.6 Change Rate +0.033981% Assessed CR Tax Rate +0.02705%
Year 2020 Assessed Value $299,100 Land Value $66,000 Improvement Value $233,100 Tax Amount $8,169.01 Change Rate +0.020796% Assessed CR Tax Rate +0.027312%
Year 2019 Assessed Value $288,340 Land Value $66,000 Improvement Value $222,340 Tax Amount $8,002.59 Change Rate -0.024907% Assessed CR Tax Rate +0.027754%
Year 2018 Assessed Value $299,940 Land Value $58,000 Improvement Value $241,940 Tax Amount $8,207 Change Rate +4.686629% Assessed CR Tax Rate +0.027362%
Year 2017 Assessed Value $52,000 Land Value $52,000 Improvement Value Tax Amount $1,443.21 Change Rate +0.083345% Assessed CR Tax Rate +0.027754%
Year 2016 Assessed Value $48,000 Land Value $48,000 Improvement Value Tax Amount $1,332.18 Change Rate +1.444591% Assessed CR Tax Rate +0.027754%
Year 2015 Assessed Value $19,600 Land Value $19,600 Improvement Value Tax Amount $544.95 Change Rate +0.050243% Assessed CR Tax Rate +0.027804%
Year 2014 Assessed Value $19,600 Land Value Improvement Value Tax Amount $518.88 Change Rate Assessed CR Tax Rate +0.026473%