$525,000
UNDER CONTRACT $75K PRICE DROP

2055 Cactus Ln Cumming, GA 30040

Estimated payment $2,933/month

Total Views 5,426
4 Beds
3 Baths
2,296 Sq Ft
$229 Price per Sq Ft

Highlights

  • Home Theater
  • Deck
  • Wood Flooring
  • Otwell Middle School Rated A
  • Ranch Style House
  • No HOA

About This Home

Welcome to 2055 Cactus Lane - a charming ranch-style home offering comfort, versatility, and an unbeatable location in one of Cumming's most desirable and established neighborhoods. With 4 bedrooms and 3 full bathrooms, this home features a welcoming layout that includes warm hardwood floors throughout the main level and a sun-drenched living space that flows seamlessly onto a spacious back deck - the perfect place to unwind or entertain. The highlight of this property is its fully finished basement apartment, complete with a private entrance, full kitchen, living area, bedroom, and bath. Whether you're accommodating extended family, guests, or looking to generate rental income, this flexible space provides a rare advantage. Out back, you'll find a large, level yard surrounded by mature trees - ideal for outdoor activities, pets, or future garden plans. With classic curb appeal, plenty of parking, and a timeless layout, this home is a standout in every way. And the best part? You're just minutes from the heart of Cumming City Center, where shopping, dining, community events, and live entertainment are right at your fingertips. Also conveniently located near local parks, top-rated schools, and everyday amenities, this home truly has it all. Don't miss your chance to enjoy the lifestyle, space, and location you've been searching for!

Listing Agent

Will Hutson

Century 21 Results License #379446 Listed on: 05/20/2025

Century 21 Results

Co-Listing Agent

The Hutson Group

Century 21 Results License #379446

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $332

Year Built

  • Built in 1973

Lot Details

  • 0.55 Acre Lot
  • Wood Fence
  • Back Yard Fenced
  • Chain Link Fence

Home Design

  • Ranch Style House
  • Composition Roof

Interior Spaces

  • 2,296 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Home Theater
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • Double Vanity

Laundry

  • Laundry Room
  • Laundry in Hall

Parking

  • 2 Car Garage
  • Side or Rear Entrance to Parking

Outdoor Features

  • Deck

Location

  • Property is near schools
  • Property is near shops

Schools

  • Cumming Elementary School
  • Otwell Middle School

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Tax Lot 20

Community Details

Overview

  • No Home Owners Association
  • Timberland Heights Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$332

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • ArchitecturalStyle: Ranch
  • Co List Office: RESU01
  • Electric: 220 Volts
  • Levels: One
  • Lot Size Acres: .55
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2296
  • Special Features: UnderContract
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Other
  • Bedrooms: 4
  • Basement: Finished, Full
  • Total Finished Sq Ft: 2296
  • Above Grade Finished Sq Ft: 2296
  • Interior Amenities: Double Vanity, Other
  • Full Bathrooms: 3
  • Fireplace Features: Living Room
  • Flooring: Hardwood
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 228.658

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Bedroom Lower Level: 1
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Other
  • Fencing: Back Yard, Chain Link, Wood
  • Lot Features: Other
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage, Side/Rear Entrance
  • ParkingTotal: 2

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: In Hall
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Park, Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Cumming
  • High School: Other
  • Middle School: Otwell
  • Elementary School: Cumming
  • Middle School: Otwell
  • High School: Other

Lot Info

  • Lot: 20
  • Deed Book: 911
  • Deed Page: 402

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2024
  • Tax Annual Amount: 332

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $332 $143,396 $26,000 $117,396
2023 $233 $132,800 $26,000 $106,800
2022 $348 $95,796 $24,000 $71,796
2021 $324 $95,796 $24,000 $71,796
2020 $322 $92,860 $24,000 $68,860
2019 $321 $88,524 $20,000 $68,524
2018 $316 $70,188 $20,000 $50,188
2017 $321 $69,124 $20,000 $49,124
2016 $1,517 $62,844 $16,000 $46,844
2015 $1,520 $62,844 $16,000 $46,844
2014 $1,364 $59,300 $16,000 $43,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Price Changed $525,000 -4.5% $229 / Sq Ft
06/23/2025 06/23/25 Price Changed $550,000 -4.3% $240 / Sq Ft
06/10/2025 06/10/25 Price Changed $575,000 -4.2% $250 / Sq Ft
05/20/2025 05/20/25 For Sale $600,000 -- $261 / Sq Ft
Source: Georgia MLS

Purchase History

Date Type Sale Price Title Company
Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $108,155 Stand Alone Second
Closed $16,000 Stand Alone Second
Closed $118,800 Stand Alone Second
Closed $25,000 Stand Alone Second
Closed $10,000 Credit Line Revolving
Closed $92,250 Stand Alone Refi Refinance Of Original Loan
Closed $0 No Value Available
Source: Public Records

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Source: Georgia MLS

MLS Number: 10526359

Georgia MLS

APN: 151-111