1345 Ronald Reagan Blvd Cumming, GA 30041
Estimated payment $4,970/month
Highlights
- 0.82 Acre Lot
- Security Service
- Garage
- Mashburn Elementary School Rated A
- Central Heating and Cooling System
About This Home
Income Producing Duplex! Just minutes off of the GA400 Exit at Buford Hwy (GA-20) and sitting directly across Ronald Reagan Blvd from Northside Hospital Forsyth campus this site is easily accessible and surrounded by medical facilities, shops, dining, and other businesses. Zoned R2R (Single Family Residential Restricted District) this is the only residential property on Ronald Reagan and as such sits within a residential character area, however, is directly adjacent to a major commercial character area. This .82ac piece is located within Forsyth County adjacent to city limits of Cumming and at the edge of Cumming's institutional and highway business districts with frontage along S. Forsyth Commercial Corridor, Ronald Reagan Blvd and less than 0.5mi from S. Forsyth Commercial Corridor, Buford Hwy (GA-20).This property produces over $20,000 worth of rental income per year with a total of two tenants. Monthly expenses for property are approximately $1230.00.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,643
Year Built
- Built in 1987 | Remodeled
Parking
- Garage
Home Design
- Duplex
Schools
- Mashburn Elementary School
- Lakeside - Forsyth Middle School
- Forsyth Central High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Additional Features
- 2-Story Property
- 0.82 Acre Lot
Community Details
- 2 Units
- Security Service
Listing and Financial Details
- Assessor Parcel Number 152 069
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,630 | $155,276 | $35,520 | $119,756 |
| 2024 | $3,630 | $148,012 | $31,224 | $116,788 |
| 2023 | $3,949 | $160,440 | $51,524 | $108,916 |
| 2022 | $3,162 | $90,000 | $19,800 | $70,200 |
| 2021 | $2,485 | $90,000 | $19,800 | $70,200 |
| 2020 | $1,745 | $63,196 | $21,468 | $41,728 |
| 2019 | $1,687 | $60,992 | $21,468 | $39,524 |
| 2018 | $1,239 | $47,956 | $14,000 | $33,956 |
| 2017 | $1,092 | $42,488 | $14,000 | $28,488 |
| 2016 | $936 | $36,888 | $8,400 | $28,488 |
| 2015 | $938 | $36,888 | $8,400 | $28,488 |
| 2014 | $964 | $39,700 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2025 05/09/25 | For Sale | $879,999 | 0.0% | -- |
| 11/01/2022 11/01/22 | Rented | $1,250 | 0.0% | -- |
| 10/27/2022 10/27/22 | Under Contract | -- | -- | -- |
| 10/23/2022 10/23/22 | Price Changed | $1,250 | -3.8% | $1 / Sq Ft |
| 10/20/2022 10/20/22 | Price Changed | $1,300 | -35.0% | $1 / Sq Ft |
| 08/26/2022 08/26/22 | Price Changed | $2,000 | -20.0% | $1 / Sq Ft |
| 08/11/2022 08/11/22 | For Rent | $2,500 | +92.3% | -- |
| 08/20/2020 08/20/20 | Rented | $1,300 | -18.5% | -- |
| 07/07/2020 07/07/20 | Rented | $1,595 | 0.0% | -- |
| 05/27/2020 05/27/20 | Price Changed | $1,595 | +14.3% | $1 / Sq Ft |
| 05/27/2020 05/27/20 | Price Changed | $1,395 | -17.9% | $1 / Sq Ft |
| 05/26/2020 05/26/20 | Price Changed | $1,700 | +30.8% | $1 / Sq Ft |
| 05/26/2020 05/26/20 | For Rent | $1,300 | -52.7% | -- |
| 04/13/2020 04/13/20 | Price Changed | $2,750 | +22.2% | $2 / Sq Ft |
| 04/10/2020 04/10/20 | Price Changed | $2,250 | +18.4% | $2 / Sq Ft |
| 04/09/2020 04/09/20 | For Rent | $1,900 | 0.0% | -- |
| 02/24/2020 02/24/20 | Sold | $225,000 | -30.7% | $99 / Sq Ft |
| 02/21/2020 02/21/20 | Pending | -- | -- | -- |
| 12/27/2019 12/27/19 | Price Changed | $324,900 | -0.3% | $143 / Sq Ft |
| 12/27/2019 12/27/19 | For Sale | $325,900 | -- | $144 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $225,000 | -- | |
| Warranty Deed | $76,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $75,000 | Trade |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7577154
APN: 152-069
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