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$860,000

Listing Price

5beds

4baths

3,170sqft

10,454sqft lot

7240 Margate Ct, Cumming, GA 30040

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

247.4

Price / sqft

2017

Year built

Home Details

"Seller offering a $10,000 allowance toward paint and carpet upgrades"nBeautiful East-Facing Home nThis thoughtfully designed home offers 5 bedrooms, 4 full bathrooms, and 3,170 sq. ft. of above-grade living space. The open and functional floor plan features a bright sunroom, a versatile loft, a private sitting room, and a stunning stone fireplace that creates a warm and inviting atmosphere for family gatherings and entertaining.nThe main level showcases beautiful hardwood floors throughout, with carpet in the main-level bedroom. The level also includes a formal dining room, a casual dining area, a convenient in-law suite with a full bathroom and shower, a dedicated pocket office/workspace ideal for remote work or studying, and a functional drop zone that helps keep everyday essentials organized and easily accessible.nAt the heart of the home is a gourmet kitchen featuring stainless steel appliances, Butlers pantry, ample cabinetry, generous counter space, and an inviting layout perfect for both everyday living and entertaining.nThe home also includes a 1,516 sq. ft.Partially finished basement" with HVAC and electrical work already completed, offering excellent potential for future customization and additional living space. A 2-car garage with extra storage space provides added convenience and functionality.nThe luxurious primary suite features a spa-like bathroom with a Jacuzzi tub and separate his-and-her walk-in closets. Additional upgrades include an energy-efficient tank

Interior Details

Square Feet
  • 3170

Bedrooms
  • 5

Bathrooms
  • 4

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    Basement (unspecified)

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 10454

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 2

Style
  • N/A

Exterior
  • Other (not Classified)

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$4,640

$40,000

$131,328

--%

$171,328

2019

$4,668

$42,000

$130,088

--%

$172,088

2018

$4,509

$42,000

$124,248

--%

$166,248

2017

$1,165

$42,000

$0

--%

$42,000

2016

$888

$32,000

$0

--%

$32,000

percent-home-icon

Average Home Price in 30040

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Sold Date

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5 Beds

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5 Beds

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Sold 10/26/2026

$979,000

4 Beds

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Sold 10/26/2026

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4 Beds

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Sold 10/27/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
860,000
$
Down payment
172,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
5,160
$
HOA (Monthly)
0
$
PMI
0
$
$5,567
Your Payment
Total Monthly Payment:$5,567
Percent of Income:95%
Affordable:No

Details for 7240 MARGATE CT

Property Debt

Foreclosure Contact Details