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307 Somerton Pl

Cumming, GA 30040

2 bd 2 ba 1,488 sqft Built 2003 Lot 2,178 sqft condos
Most recent sale
$295,000
Sep 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 12, 2022 Sold $295,000 Public Record
Sep 9, 2022 Sold $372,000 MLS #10079247
Aug 8, 2022 Listed $370,000 MLS #7095996
Apr 15, 2009 Sold $219,900 MLS #3174792
Jun 28, 2006 Sold $219,900 Public Record
Nov 4, 2005 Listed $219,900 MLS #3174792

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $95,444 $58,000 $153,444 $877
2024 $95,444 $58,000 $153,444 $886
2023 $100,644 $44,000 $144,644 $771
2022 $79,420 $38,000 $117,420 $696
2021 $66,892 $32,000 $98,892 $680
2020 $66,340 $32,000 $98,340 $679
2019 $72,348 $20,000 $92,348 $2,554
2018 $67,836 $20,000 $87,836 $2,429
2017 $66,644 $20,000 $86,644 $2,405
2016 $48,844 $20,000 $68,844 $1,911
2015 $48,844 $20,000 $68,844 $500
2014 $39,292 $20,000 $59,292 $400
2013 $39,292 $20,000 $59,292 $400
2012 $45,056 $20,000 $65,056 $444
2011 $47,420 $22,000 $69,420 $477
2010 $47,440 $22,000 $69,440 $478
2009 $51,560 $26,320 $77,880 $490
2008 $51,560 $26,320 $77,880 $440
2007 $58,160 $20,000 $78,160 $382

Property facts

Year built
2003
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,488 sqft
Lot size
2,178 sqft
ZIP code
30040
City
Cumming
Street
Somerton Pl
Coordinates
34.22466, -84.15302

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,306
Gross rental yield
9.38%
Implied cap rate
6.10%
Trend-extrapolated value

Frequently asked questions

When did 307 Somerton Pl last sell?
307 Somerton Pl most recently sold on Sep 12, 2022 for $295,000.
What is the current tax assessment for 307 Somerton Pl?
The most recent total assessment for 307 Somerton Pl (year 2025) is $153,444 with $877 in property tax.
How does 307 Somerton Pl's assessment compare to its last sale price?
The current assessment is 48.0% below the last sale price of $295,000.
When was 307 Somerton Pl built?
307 Somerton Pl was built in 2003.
How does 307 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 307 Somerton Pl?
307 Somerton Pl is a 2 bed, 2 bath, 1,488 sqft, 2,178 sqft lot condos.
Is 307 Somerton Pl a flip candidate?
No — 307 Somerton Pl does not appear in our flips dataset.
Is 307 Somerton Pl a tax-appeal candidate?
No — 307 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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