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7340 Margate Ct; Cumming, GA Property Details

7340 Margate Ct, Cumming, GA is a Single Family that was built in 2017. This property is currently Financed,New Construction and is not for sale. Our records show that 7340 Margate Ct has 5 bedrooms, and 4.5 bathrooms, and a total of 3,504 square feet. The lot size of 7340 Margate Ct is 11,326 square feet.

Off market
7340 Margate Ct Cumming, GA 30040
$447,865 Listing Price
5 Beds
4.5 Baths
3,504 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2017
  • Purchase Price: $418,000
  • Open Loans / Balance: 1 / $395,619
  • Est. Equity / %: $398,381 / 50.17%
  • Gross Yield: 5.819%
  • APN: 084-000-346
  • Situs County: Forsyth
  • Length Of Ownership: 8 years, 9 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 4.5
  • Full Bathrooms: 4
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Stories: 2
  • Exterior Wall Type: Other
  • Building Quality: C

Measurements

  • Total: 3,504/SqFt
  • Lot: 11,326/SqFt
  • Gross: 3,504/SqFt
  • Garage: 420/SqFt
  • Living: 3,504/SqFt
  • Building: 3,504/SqFt
  • Garage Finished: 420/SqFt
  • Price Per Square Foot: $119.29

Legal Description

  • Description: 2-1 456 LOT 66 ASHFORD MANOR
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: 34.159 / -84.203445
  • Subdivision: Ashford Manor
  • Property Class: Residential
  • Zoning: RES4
  • County Use Code: 0100

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6777
  • Bathroom Fixtures: 14
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Central

HOA

  • H O A One: $1,000
  • H O A Amount: $1,000
  • H O A One Frequency: Semi-Annual
  • H O A One Name: Ashford Manor Homeowners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

7340 Margate Ct has no associated ownership info
7340 Margate Ct has no associated ownership info.

Taxes

7340 Margate Ct has 10 associated Taxes items

7340 Margate Ct, 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 $318,664. The APN we've located for 7340 Margate Ct is 084-000-346.

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Taxes
  • Assessed Value:  $318,664
  • Assessed Year:  2025
  • Assessed County:  Forsyth
  • APN:  084-000-346
  • Assessed Land Value:  74000
  • Market Land Value:  185000
  • Tax Amount:  6355.32
  • Tax Year:  2025
  • Market Value:  796660
  • Market Year:  2025

Tax History

7340 Margate Ct has 10 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $318,664 Land Value $74,000 Improvement Value $244,664 Tax Amount $6,355.32 Change Rate +0.031815% Assessed CR Tax Rate +0.019944%
Year 2024 Assessed Value $286,136 Land Value $68,000 Improvement Value $218,136 Tax Amount $6,159.36 Change Rate +0.153825% Assessed CR Tax Rate +0.021526%
Year 2023 Assessed Value $258,716 Land Value $60,000 Improvement Value $198,716 Tax Amount $5,338.21 Change Rate -0.050222% Assessed CR Tax Rate +0.020633%
Year 2022 Assessed Value $173,648 Land Value $44,800 Improvement Value $128,848 Tax Amount $5,620.48 Change Rate +0.194634% Assessed CR Tax Rate +0.032367%
Year 2021 Assessed Value $173,648 Land Value $44,800 Improvement Value $128,848 Tax Amount $4,704.77 Change Rate +0.03549% Assessed CR Tax Rate +0.027094%
Year 2020 Assessed Value $167,808 Land Value $40,000 Improvement Value $127,808 Tax Amount $4,543.52 Change Rate -0.006305% Assessed CR Tax Rate +0.027076%
Year 2019 Assessed Value $168,608 Land Value $42,000 Improvement Value $126,608 Tax Amount $4,572.35 Change Rate +0.032854% Assessed CR Tax Rate +0.027118%
Year 2018 Assessed Value $163,248 Land Value $42,000 Improvement Value $121,248 Tax Amount $4,426.91 Change Rate +2.797739% Assessed CR Tax Rate +0.027118%
Year 2017 Assessed Value $42,000 Land Value $42,000 Improvement Value Tax Amount $1,165.67 Change Rate +0.312485% Assessed CR Tax Rate +0.027754%
Year 2016 Assessed Value $32,000 Land Value $32,000 Improvement Value Tax Amount $888.14 Change Rate Assessed CR Tax Rate +0.027754%