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7050 Derby Trl; Cumming, GA Property Details

7050 Derby Trl, Cumming, GA is a Single Family that was built in 1989. This property is currently Financed and is not for sale. Our records show that 7050 Derby Trl has 3 bedrooms, and 2.5 bathrooms, and a total of 2,747 square feet. The lot size of 7050 Derby Trl is 43,996 square feet.

Off market
7050 Derby Trl Cumming, GA 30040
$532,500 Listing Price
3 Beds
2.5 Baths
2,747 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1989
  • Purchase Price: $532,500
  • Open Loans / Balance: 1 / $474,278
  • Est. Equity / %: $79,722 / 14.39%
  • Gross Yield: 6.329%
  • APN: 038-000-041
  • Situs County: Forsyth
  • Length Of Ownership: 1 year, 6 months

Rooms

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

Structure

  • Building Style: Wood
  • Stories: 2
  • Exterior Wall Type: Other
  • Building Quality: C
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 2,747/SqFt
  • Lot: 43,996/SqFt
  • Gross: 2,747/SqFt
  • Garage: 462/SqFt
  • Living: 2,747/SqFt
  • Building: 2,747/SqFt
  • Ground: 1,252/SqFt
  • Price Per Square Foot: $193.85

Legal Description

  • Description: 2-1 392 LT 4 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: 34.165573 / -84.237976
  • Subdivision: Belmont Downs
  • Property Class: Residential
  • Zoning: R1R
  • County Use Code: 0150

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6205
  • 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

7050 Derby Trl has no associated ownership info
7050 Derby Trl has no associated ownership info.

Taxes

7050 Derby Trl has 10 associated Taxes items

7050 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 $195,816. The APN we've located for 7050 Derby Trl is 038-000-041.

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Taxes
  • Assessed Value:  $195,816
  • Assessed Year:  2025
  • Assessed County:  Forsyth
  • APN:  038-000-041
  • Assessed Land Value:  55148
  • Market Land Value:  137870
  • Tax Amount:  4801.79
  • Tax Year:  2025
  • Market Value:  489540
  • Market Year:  2025

Tax History

7050 Derby Trl has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $195,816 Land Value $55,148 Improvement Value $140,668 Tax Amount $4,801.79 Change Rate +0.05577% Assessed CR Tax Rate +0.024522%
Year 2024 Assessed Value $185,472 Land Value $48,480 Improvement Value $136,992 Tax Amount $4,548.14 Change Rate +0.1163% Assessed CR Tax Rate +0.024522%
Year 2023 Assessed Value $165,528 Land Value $53,328 Improvement Value $112,200 Tax Amount $4,074.3 Change Rate +0.061408% Assessed CR Tax Rate +0.024614%
Year 2022 Assessed Value $112,084 Land Value $30,300 Improvement Value $81,784 Tax Amount $3,838.58 Change Rate +0.240216% Assessed CR Tax Rate +0.034247%
Year 2021 Assessed Value $112,084 Land Value $30,300 Improvement Value $81,784 Tax Amount $3,095.09 Change Rate Assessed CR Tax Rate +0.027614%
Year 2020 Assessed Value $112,084 Land Value $30,300 Improvement Value $81,784 Tax Amount $3,095.09 Change Rate -0.005044% Assessed CR Tax Rate +0.027614%
Year 2019 Assessed Value $112,084 Land Value $30,300 Improvement Value $81,784 Tax Amount $3,110.78 Change Rate +0.0601% Assessed CR Tax Rate +0.027754%
Year 2018 Assessed Value $106,112 Land Value $30,300 Improvement Value $75,812 Tax Amount $2,934.42 Change Rate +0.097283% Assessed CR Tax Rate +0.027654%
Year 2017 Assessed Value $96,356 Land Value $30,300 Improvement Value $66,056 Tax Amount $2,674.26 Change Rate +0.067113% Assessed CR Tax Rate +0.027754%
Year 2016 Assessed Value $90,296 Land Value $24,240 Improvement Value $66,056 Tax Amount $2,506.07 Change Rate +0.044949% Assessed CR Tax Rate +0.027754%
Year 2015 Assessed Value $86,256 Land Value $20,200 Improvement Value $66,056 Tax Amount $2,398.27 Change Rate +0.209147% Assessed CR Tax Rate +0.027804%
Year 2014 Assessed Value $79,636 Land Value Improvement Value Tax Amount $1,983.44 Change Rate Assessed CR Tax Rate +0.024906%