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4120 Morgan Elizabeth Way

Cumming, GA 30041

4 bd 3 ba 3,130 sqft Built 2020 Lot 5,227 sqft single_family
Most recent sale
$750,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $750,000 MLS #7023831
Mar 30, 2022 Listed $649,500 MLS #7023831
Nov 24, 2020 Sold $490,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $230,876 $72,000 $302,876 $6,562
2024 $230,876 $72,000 $302,876 $6,393
2023 $222,744 $56,000 $278,744 $5,846
2022 $170,968 $32,000 $202,968 $5,188
2021 $153,304 $32,000 $185,304 $5,027
2020 $32,000 $32,000 $884

Property facts

Year built
2020
Property type
single_family
Stories
3
Beds
4
Baths
3
Living area
3,130 sqft
Lot size
5,227 sqft
ZIP code
30041
City
Cumming
Street
Morgan Elizabeth Way
Coordinates
34.13064, -84.12558

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,852
Gross rental yield
7.76%
Implied cap rate
5.05%
Trend-extrapolated value

Frequently asked questions

When did 4120 Morgan Elizabeth Way last sell?
4120 Morgan Elizabeth Way most recently sold on Apr 29, 2022 for $750,000.
What is the current tax assessment for 4120 Morgan Elizabeth Way?
The most recent total assessment for 4120 Morgan Elizabeth Way (year 2025) is $302,876 with $6,562 in property tax.
How does 4120 Morgan Elizabeth Way's assessment compare to its last sale price?
The current assessment is 59.6% below the last sale price of $750,000.
When was 4120 Morgan Elizabeth Way built?
4120 Morgan Elizabeth Way was built in 2020.
How does 4120 Morgan Elizabeth Way compare to others on Morgan Elizabeth Way?
We track 7 other properties on Morgan Elizabeth Way. Browse the list under "Other properties on Morgan Elizabeth Way" to compare beds, baths, and sale history.
What are the property facts for 4120 Morgan Elizabeth Way?
4120 Morgan Elizabeth Way is a 4 bed, 3 bath, 3,130 sqft, 5,227 sqft lot single_family.
Is 4120 Morgan Elizabeth Way a flip candidate?
Yes — 4120 Morgan Elizabeth Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4120 Morgan Elizabeth Way a tax-appeal candidate?
No — 4120 Morgan Elizabeth Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.7%
Implied 1-yr
+10.8%
2026 Q3
$844.4K
2026 Q4
$863.9K
ZIP 30041 — Median Price History + Forecast

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