Large Location Icon

7045 Derby Trl; Cumming, GA Property Details

7045 Derby Trl, Cumming, GA is a Single Family that was built in 1990. This property is currently Financed and is not for sale. Our records show that 7045 Derby Trl has 4 bedrooms, and 2.5 bathrooms, and a total of 2,473 square feet. The lot size of 7045 Derby Trl is 49,658 square feet.

Off market
7045 Derby Trl Cumming, GA 30040
$415,000 Listing Price
4 Beds
2.5 Baths
2,473 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1990
  • Purchase Price: $670,000
  • Open Loans / Balance: 1 / $640,000
  • Est. Equity / %: $79,000 / 10.99%
  • Gross Yield: 5.988%
  • APN: 038-000-021
  • Situs County: Forsyth
  • Length Of Ownership: 2 years, 6 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Stories: 1.5
  • Exterior Wall Type: Other
  • Building Quality: C
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 2,473/SqFt
  • Lot: 49,658/SqFt
  • Gross: 2,473/SqFt
  • Garage: 506/SqFt
  • Living: 2,473/SqFt
  • Building: 2,473/SqFt
  • Ground: 1,491/SqFt
  • Price Per Square Foot: $270.93

Legal Description

  • Description: 2-1 392 LT24 BELMONT DWNS
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: 34.164814 / -84.238434
  • Subdivision: Belmont Downs
  • Property Class: Residential
  • Zoning: R1R
  • County Use Code: 0150

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6255
  • Bathroom Fixtures: 8
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $100
  • H O A Amount: $100
  • H O A One Frequency: Annual
  • H O A One Type: Home Owner Association

Ownership Info

7045 Derby Trl has no associated ownership info
7045 Derby Trl has no associated ownership info.

Taxes

7045 Derby Trl has 10 associated Taxes items

7045 Derby Trl, 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 $269,300. The APN we've located for 7045 Derby Trl is 038-000-021.

Unlock the full report
Taxes
  • Assessed Value:  $269,300
  • Assessed Year:  2025
  • Assessed County:  Forsyth
  • APN:  038-000-021
  • Assessed Land Value:  62244
  • Market Land Value:  155610
  • Tax Amount:  6603.78
  • Tax Year:  2025
  • Market Value:  673250
  • Market Year:  2025

Tax History

7045 Derby Trl has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $269,300 Land Value $62,244 Improvement Value $207,056 Tax Amount $6,603.78 Change Rate +0.545047% Assessed CR Tax Rate +0.024522%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,274.16 Change Rate +0.16297% Assessed CR Tax Rate
Year 2023 Assessed Value $183,548 Land Value $60,192 Improvement Value $123,356 Tax Amount $3,675.21 Change Rate -0.074084% Assessed CR Tax Rate +0.020023%
Year 2022 Assessed Value $132,512 Land Value $45,600 Improvement Value $86,912 Tax Amount $3,969.27 Change Rate +7.299918% Assessed CR Tax Rate +0.029954%
Year 2021 Assessed Value $132,512 Land Value $45,600 Improvement Value $86,912 Tax Amount $478.23 Change Rate +0.030202% Assessed CR Tax Rate +0.003609%
Year 2020 Assessed Value $117,436 Land Value $34,200 Improvement Value $83,236 Tax Amount $464.21 Change Rate -0.856892% Assessed CR Tax Rate +0.003953%
Year 2019 Assessed Value $116,876 Land Value $34,200 Improvement Value $82,676 Tax Amount $3,243.78 Change Rate +5.801661% Assessed CR Tax Rate +0.027754%
Year 2018 Assessed Value $105,920 Land Value $34,200 Improvement Value $71,720 Tax Amount $476.91 Change Rate -0.827433% Assessed CR Tax Rate +0.004503%
Year 2017 Assessed Value $99,576 Land Value $34,200 Improvement Value $65,376 Tax Amount $2,763.63 Change Rate +5.017179% Assessed CR Tax Rate +0.027754%
Year 2016 Assessed Value $86,036 Land Value $27,360 Improvement Value $58,676 Tax Amount $459.29 Change Rate +0.014311% Assessed CR Tax Rate +0.005338%
Year 2015 Assessed Value $81,476 Land Value $22,800 Improvement Value $58,676 Tax Amount $452.81 Change Rate +0.097615% Assessed CR Tax Rate +0.005558%
Year 2014 Assessed Value $76,716 Land Value Improvement Value Tax Amount $412.54 Change Rate Assessed CR Tax Rate +0.005377%