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1405 Somerton Pl

Cumming, GA 30040

3 bd 2 ba 1,617 sqft Built 2005 Lot 3,485 sqft condo
Most recent sale
$385,000
Jul 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 30, 2023 Sold $385,000 Public Record
Jul 14, 2022 Sold $385,000 Public Record
Jul 7, 2022 Sold $385,000 MLS #10056248
Jun 7, 2022 Listed $389,900 MLS #10056248
Jun 6, 2022 Listed $389,900 MLS #7060811
May 16, 2005 Sold $214,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $100,224 $58,000 $158,224 $1,126
2024 $100,224 $58,000 $158,224 $1,127
2023 $106,020 $44,000 $150,020 $3,692
2022 $85,332 $38,000 $123,332 $637
2021 $71,892 $32,000 $103,892 $619
2020 $71,352 $32,000 $103,352 $619
2019 $77,808 $20,000 $97,808 $618
2018 $73,068 $20,000 $93,068 $619
2017 $71,784 $20,000 $91,784 $627
2016 $52,464 $20,000 $72,464 $529
2015 $52,464 $20,000 $72,464 $529
2014 $42,160 $20,000 $62,160 $422
2013 $42,160 $20,000 $62,160 $422
2012 $48,408 $20,000 $68,408 $469
2011 $49,916 $22,000 $71,916 $496
2010 $49,996 $22,000 $71,996 $498
2009 $54,356 $26,320 $80,676 $509
2008 $54,356 $26,320 $80,676 $459
2007 $61,440 $20,000 $81,440 $402

Property facts

Year built
2005
Property type
condo
Stories
1
Beds
3
Baths
2
Living area
1,617 sqft
Lot size
3,485 sqft
ZIP code
30040
City
Cumming
Street
Somerton Pl
Coordinates
34.22159, -84.14867

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,506
Gross rental yield
7.81%
Implied cap rate
5.08%
Trend-extrapolated value

Frequently asked questions

When did 1405 Somerton Pl last sell?
1405 Somerton Pl most recently sold on Jul 14, 2022 for $385,000.
What is the current tax assessment for 1405 Somerton Pl?
The most recent total assessment for 1405 Somerton Pl (year 2025) is $158,224 with $1,126 in property tax.
How does 1405 Somerton Pl's assessment compare to its last sale price?
The current assessment is 58.9% below the last sale price of $385,000.
When was 1405 Somerton Pl built?
1405 Somerton Pl was built in 2005.
How does 1405 Somerton Pl compare to others on Somerton Pl?
We track 8 other properties on Somerton Pl. Browse the list under "Other properties on Somerton Pl" to compare beds, baths, and sale history.
What are the property facts for 1405 Somerton Pl?
1405 Somerton Pl is a 3 bed, 2 bath, 1,617 sqft, 3,485 sqft lot condo.
Is 1405 Somerton Pl a flip candidate?
No — 1405 Somerton Pl does not appear in our flips dataset.
Is 1405 Somerton Pl a tax-appeal candidate?
No — 1405 Somerton Pl 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
-1.5%
Implied 1-yr
-5.9%
2026 Q3
$594K
2026 Q4
$584.3K
ZIP 30040 — Median Price History + Forecast

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