NOT LISTED FOR SALE

1029 Merrimac Way Lawrenceville, GA 30044

Gwinnett Place Neighborhood

Estimated Value: $325,623 - $358,000

3 Beds
2 Baths
1,292 Sq Ft
$261/Sq Ft Est. Value

Last Sold August 13, 2012

Last sale price $64,052 $50 Per Sq Ft

Est. 427% increase in value since last sale

Current estimated payment $2,071/month

11 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Open to Family Room
  • Traditional Architecture
  • Great Room
  • 2 Car Attached Garage

About This Home

As of August 2012

HUD HOME IS INSURED & SOLD AS IS. CASE #105-391990. SELLER WILL PAY UP TO 3% CLOSING COST. INFO DEEMED RELIABLE BUT NOT GUARANTEED. SELLING BROKER TO VERIFY ALL INFO.

Last Agent to Sell the Property

TERESA SMITH

NOT A VALID MEMBER License #170041 Listed on: 04/19/2012

Last Buyer's Agent

LUIS VALENCIA

Virtual Properties Realty. Biz License #286586

Virtual Properties Realty. Biz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,523

Year Built

  • Built in 1992

Lot Details

  • 6,970

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,292 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Carpet
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry in Kitchen

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Schools

  • Kanoheda Elementary School
  • Sweetwater Middle School
  • Berkmar High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Level Lot

Community Details

  • Stonewall Mill Subdivision

Listing and Financial Details

  • Legal Lot and Block 15 / B
  • Assessor Parcel Number 1029MerrimacWAY

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,523

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1992
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Factory Built, Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Gas Water Heater
  • Interior Amenities: Cathedral Ceiling(s), Disappearing Attic Stairs, Entrance Foyer, High Ceilings 9 ft Main, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Crawl Space
  • Kitchen Features: Cabinets Stain, Laminate Counters, Eat-in Kitchen, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story
  • Square Footage: 1292.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Split Bedroom Plan
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Soaking Tub, Separate Tub/Shower

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • Patio And Porch Features: Deck

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Kitchen

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Stonewall Mill

Schools

  • Elementary School: Kanoheda
  • Middle School: Sweetwater
  • High School: Berkmar

Lot Info

  • Lot: 15
  • Land/Lot: 39
  • Lot Features: Level
  • Lot Dimensions: .16 ACRES
  • Parcel Number: 1029MerrimacWAY
  • Property Attached Yn: No

Tax Info

  • Taxes: 1523.00
  • Assessor Parcel Number: R7039-674
  • Close Date: 2012-08-13
  • Tax Year: 2011

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Kanoheda
  • High School: Berkmar
  • Middle School: Sweetwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2012
Closed on
Aug 13, 2012
Sold by
Secretary Of Housing And U
Bought by
Torres-Garcia Jose M
Seller's Agent
TERESA SMITH
NOT A VALID MEMBER
Buyer's Agent
LUIS VALENCIA
Virtual Properties Realty. Biz
List Price
$54,000
Sold Price
$64,052
Premium/Discount to List
$10,052
18.61%
Current Estimated Value
$337,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,604
Avg. Annual Appreciation
13.55%
Original Mortgage
$54,120
Outstanding Balance
$37,325
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$300,331

Purchase Details

Closed on
Dec 6, 2011
Sold by
Jackson Wesley
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 1, 2008
Sold by
Merrimac Trust
Bought by
Jackson Wesley and Jackson Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,981
Interest Rate
6.43%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 2007
Sold by
Locke Robert M
Bought by
Merrimac Childrens Trust

Purchase Details

Closed on
Oct 1, 2007
Sold by
Merrimac Childrens Trust
Bought by
Locke Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,250
Interest Rate
7.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2007
Sold by
Kurz Barbara J
Bought by
Merrimac Childrens Trust

Purchase Details

Closed on
Apr 5, 2002
Sold by
Mitchell Curtis N
Bought by
Kurz Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 1998
Sold by
Morgan William T
Bought by
Mitchell Curtis N and Mitchell Chandler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 1997
Sold by
Brown Herschel B and Brown Alyson G
Bought by
Morgan William T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
7.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Torres-Garcia Jose M $64,052 --
Wells Fargo Bank Na -- --
Secretary Of Housing And Urban -- --
Jackson Wesley $155,000 --
Merrimac Childrens Trust -- --
Locke Robert M -- --
Merrimac Childrens Trust -- --
Kurz Barbara J $135,000 --
Mitchell Curtis N $109,900 --
Morgan William T $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres-Garcia Jose M $54,120
Closed Torres-Garcia Jose M $54,120
Previous Owner Jackson Wesley $152,981
Previous Owner Locke Robert M $121,250
Previous Owner Kurz Barbara J $121,500
Previous Owner Mitchell Curtis N $104,400
Previous Owner Morgan William T $81,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2012 08/13/12 Sold $64,052 +18.6% $50 / Sq Ft
04/30/2012 04/30/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $54,000 -- $42 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,946 $116,320 $21,600 $94,720
2023 $2,946 $114,080 $27,200 $86,880
2022 $2,502 $96,920 $23,200 $73,720
2021 $2,156 $78,640 $17,600 $61,040
2020 $1,979 $69,680 $15,320 $54,360
2019 $1,952 $69,680 $15,320 $54,360
2018 $1,750 $60,480 $12,760 $47,720
2016 $1,570 $51,000 $11,200 $39,800
2015 $1,328 $39,640 $8,400 $31,240
2014 $1,332 $39,640 $8,400 $31,240
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    TERESA SMITH

    NOT A VALID MEMBER

  • L

    Buyer's Agent in 2012

    LUIS VALENCIA

    Virtual Properties Realty.BIZ

    (678) 725-3098

    2 in this area

    6 Total Sales

    LUIS VALENCIA
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5010036

First Multiple Listing Service (FMLS)

APN: 7-039-674

Georgia Gwinnett County Lawrenceville 30044 Gwinnett Place

1029 Merrimac Way, Lawrenceville, GA

This home is located at 1029 Merrimac Way, Lawrenceville, GA 30044 since 19 April 2012 and is currently estimated at $337,656, approximately $261 per square foot. This property was built in 1992. 1029 Merrimac Way is a home located in Gwinnett County with nearby schools including Kanoheda Elementary School, Sweetwater Middle School, and Berkmar High School.

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