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2550 Triumph Street

2550 Triumph Street, Cumming, GA 30041
Property in Forsyth
Sold Oct 05, 2004
$110,000
$88,000 by Ame Fin'l Corp
Mortgage Due Sep 16, 2034
Local assessors in Cumming, GA have categorized 2550 Triumph Street as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 14,375 square feet. The linear feet between the front and back of the lot was measured at 970 ft and the front of the lot was measured at 1,500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2550 Triumph Street has a total of 952 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's electric heaters is the primary heating source and it is being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2550 Triumph Street sold most recently in Sep 16, 2004 for a total of $110,000. If you work out the math, that's approximately a cost of $115.55 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,928 in taxes each year. 2550 Triumph Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $78,320. If we break it down further, the land itself was valued at $19,600. Improvements to the property, however, were assessed at a total of $58,720. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Quality: C
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Lot Size Depth Feet: 970
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 952
  • Building Area: 952
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Electric
  • Heated Square Feet: 952
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HC-SS
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 14-1 147 LT 297-299 HC-SS

Ownership

  • Current Owner : BENNETT SANDRA L
  • Previous Owner : ROBERTSON STACY
  • Ownership Rights Codes: Estate
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Forsyth County School District
  • Census Tract: 130504

Zoning

  • Zoning: R2R

Geography

  • Account Number: 0000208637
  • Parcel: 220 181
  • Lot: 297-299
  • Municipality: COUNTY
  • Latitude: 34.2312
  • Longitude: -84.0874

    Address

  • Full Address: 2550 Triumph St
  • Address - House Number: 2550
  • Address - Street Name: Triumph
  • Address - Suffix Type: St
  • State: GA
  • City Name: Cumming
  • Carrier Code: R117
  • 4-Digit Zip Code: 9097
  • Zip Code: 30041

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,928
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1415
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 83
  • Final Value: 270,764
  • High Value: 309,078
  • Low Value: 232,451

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $88,000
  • First Open Lien Mortgage Lender: AME FIN'L CORP
  • First Open Lien Mortgage Recording Date: Oct 05, 2004
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $88,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 16, 2034

    Market Valuation

  • Market Total Value: $195,800
  • Market Land Value: $49,000
  • Market Improvement Value: $146,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,320
  • Assessed Land Value: $19,600
  • Assessed Improvements Value: $58,720

    Sales

  • Current Sale Contract Date: Sep 16, 2004
  • Current Sale Recording Date: Oct 05, 2004
  • Current Sale Transaction ID: 11468007945
  • Current Sale Price: $110,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AME FIN'L CORP
  • First Mortgage Transaction Date: Oct 05, 2004
  • First Mortgage Loan Amount: $88,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 16, 2034

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Forsyth



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$9 /mo

  • Studio
  • 22,000 ft²
Listing by Timothy Barry

Frequently Asked Questions

What neighborhood is 2550 Triumph Street located in?
The 2550 Triumph Street is a located in the neighborhood of Forsyth in Forsyth, Cumming.
What is the average sales price for listings in 2550 Triumph Street?
The average sales price for units in 2550 Triumph Street is $0 currently.

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