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7003 Colfax Ave; Cumming, GA Property Details

7003 Colfax Ave, Cumming, GA is a Single Family that was built in 2012. This property is currently a cash purchase and is not for sale. Our records show that 7003 Colfax Ave has 3 bedrooms, and 2.5 bathrooms, and a total of 2,386 square feet. The lot size of 7003 Colfax Ave is 6,534 square feet.

For Rent
7003 Colfax Ave Cumming, GA 30040
$3,995 Listing Price
3 Beds
2.5 Baths
2,386 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2012
  • Purchase Price: $514,000
  • Est. Equity / %: $870,000 / 100%
  • Gross Yield: 7.091%
  • APN: 058-000-465
  • Situs County: Forsyth
  • Length Of Ownership: 9 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 1.5
  • Exterior Wall Type: Brick
  • Building Quality: A
  • Roof Cover Type: Wood Shake/ Shingles

Measurements

  • Total: 2,386/SqFt
  • Lot: 6,534/SqFt
  • Gross: 2,386/SqFt
  • Garage: 529/SqFt
  • Living: 2,386/SqFt
  • Building: 2,386/SqFt
  • Price Per Square Foot: $215.42

Legal Description

  • Description: 2-1 190 LT 526 VICKERY PH 3-H
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: 34.185013 / -84.21818
  • Subdivision: Vickery Land Co
  • Property Class: Residential
  • Zoning: PUD
  • County Use Code: 0100

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 0374
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Garage: Garage
  • Heating: Central
  • Parking: 2

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

7003 Colfax Ave has no associated ownership info
7003 Colfax Ave has no associated ownership info.

Taxes

7003 Colfax Ave has 10 associated Taxes items

7003 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 $345,068. The APN we've located for 7003 Colfax Ave is 058-000-465.

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Taxes
  • Assessed Value:  $345,068
  • Assessed Year:  2025
  • Assessed County:  Forsyth
  • APN:  058-000-465
  • Assessed Land Value:  110000
  • Market Land Value:  275000
  • Tax Amount:  8461.76
  • Tax Year:  2025
  • Market Value:  862670
  • Market Year:  2025

Tax History

7003 Colfax Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $345,068 Land Value $110,000 Improvement Value $235,068 Tax Amount $8,461.76 Change Rate Assessed CR Tax Rate +0.024522%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $8,461.76 Change Rate +0.069601% Assessed CR Tax Rate
Year 2023 Assessed Value $321,408 Land Value $72,000 Improvement Value $249,408 Tax Amount $7,911.14 Change Rate +0.401484% Assessed CR Tax Rate +0.024614%
Year 2022 Assessed Value $212,100 Land Value $66,000 Improvement Value $146,100 Tax Amount $5,644.83 Change Rate -0.036214% Assessed CR Tax Rate +0.026614%
Year 2021 Assessed Value $212,100 Land Value $66,000 Improvement Value $146,100 Tax Amount $5,856.93 Change Rate Assessed CR Tax Rate +0.027614%
Year 2020 Assessed Value $212,100 Land Value $66,000 Improvement Value $146,100 Tax Amount $5,856.93 Change Rate +0.028472% Assessed CR Tax Rate +0.027614%
Year 2019 Assessed Value $205,188 Land Value $66,000 Improvement Value $139,188 Tax Amount $5,694.79 Change Rate +0.082291% Assessed CR Tax Rate +0.027754%
Year 2018 Assessed Value $190,272 Land Value $58,000 Improvement Value $132,272 Tax Amount $5,261.79 Change Rate +0.029983% Assessed CR Tax Rate +0.027654%
Year 2017 Assessed Value $184,068 Land Value $58,000 Improvement Value $126,068 Tax Amount $5,108.62 Change Rate +0.09216% Assessed CR Tax Rate +0.027754%
Year 2016 Assessed Value $168,536 Land Value $48,000 Improvement Value $120,536 Tax Amount $4,677.54 Change Rate +0.094866% Assessed CR Tax Rate +0.027754%
Year 2015 Assessed Value $153,656 Land Value $38,800 Improvement Value $114,856 Tax Amount $4,272.25 Change Rate +0.065213% Assessed CR Tax Rate +0.027804%
Year 2014 Assessed Value $151,496 Land Value $38,800 Improvement Value $112,696 Tax Amount $4,010.7 Change Rate Assessed CR Tax Rate +0.026474%