NOT LISTED FOR SALE

1040 Arlington Way Lawrenceville, GA 30046

Estimated Value: $398,000 - $617,801

4 Beds
4 Baths
2,128 Sq Ft
$218/Sq Ft Est. Value

Last Sold July 20, 2015

Last sale price $109,000 $51 Per Sq Ft

Est. 325% increase in value since last sale

Current estimated payment $3,039/month

80 Days on Market

About This Home

As of July 2015

Fully rented duplex for sale. This unit brings in $700 on one side, and $600 on the other. The tenants have agreed to extend the lease due to the sale of the property. Both sides have had new carpet installed with in the past 12-18 months in the bed rooms, and tile floors installed in the main living areas. They have also been painted on the inside an out. Please do not disturb the tenants with out an appointment. Purchase includes 1040 and 1042.

Last Agent to Sell the Property

Greg Sullivan

Keller Williams Realty Atl Partners License #358120 Listed on: 04/17/2015

Keller Williams Realty Atl Partners

Last Buyer's Agent

Narendran Vellaisamy

Chapman Hall Professionals License #287396

Chapman Hall Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,442

Year Built

  • Built in 1984

Lot Details

  • 0.5 Acre Lot
  • Sloped Lot

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Parking

  • 1 Parking Space
  • Varies By Unit

Schools

  • Mckendree Elementary School
  • J.E. Richards Middle School
  • Central Gwinnett High School

Utilities

  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • 2 Units
  • Yorktowne Subdivision

Listing and Financial Details

  • Legal Lot and Block 26 / A
  • Assessor Parcel Number R5112 027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,442

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1984
  • Special Features: None

Property Details

  • Property: Residential Income

Exterior Features

  • Construction Materials: Brick 4 Sides, Frame
  • Roof Type: Composition

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking Features: Varies by Unit

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating: Natural Gas

Condo/Co-op/Association

  • Subdivision Complex: Yorktowne

Fee Information

  • Annual Expenses: 2000

Schools

  • Elementary School: McKendree
  • Middle School: J.E. Richards
  • High School: Central Gwinnett

Lot Info

  • Acres: 0.5000
  • Lot: 26
  • Land/Lot: 112
  • Section G M D: Gwinnett
  • Plat Book: 26
  • Plat Page: 253
  • Lot Features: Sloped
  • Parcel Number: R5112 027
  • Property Attached Yn: No

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Tax Info

  • Taxes: 1442.00
  • Assessor Parcel Number: R5112-027
  • Close Date: 2015-07-20
  • Tax Year: 2013

MLS Schools

  • Elementary School: McKendree
  • High School: Central Gwinnett
  • Middle School: J.E. Richards

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2015
Closed on
Jul 20, 2015
Sold by
Sullivan Gregory J
Bought by
Sumathi01 Llc
Seller's Agent
Greg Sullivan
Keller Williams Realty Atl Partners
Buyer's Agent
Narendran Vellaisamy
Chapman Hall Professionals
List Price
$135,000
Sold Price
$109,000
Premium/Discount to List
-$26,000
-19.26%
Current Estimated Value
$463,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,200
Avg. Annual Appreciation
15.32%

Purchase Details

Listed on
Mar 12, 2012
Closed on
Oct 31, 2012
Sold by
Fraumann Robert
Bought by
Sullivan Gregory J
Seller's Agent
Cynthia Mink
NOT A VALID MEMBER
Buyer's Agent
Julie Horowitz
Keller Williams Rlty, First Atlanta
List Price
$51,000
Sold Price
$59,400
Premium/Discount to List
$8,400
16.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.00%
Original Mortgage
$44,550
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 12, 2012
Closed on
Oct 5, 2012
Sold by
Diversified Information Sy
Bought by
Fraumann Robert and Fraumann Janice
Seller's Agent
Cynthia Mink
NOT A VALID MEMBER
Buyer's Agent
Julie Horowitz
Keller Williams Rlty, First Atlanta
List Price
$51,000
Sold Price
$59,400
Premium/Discount to List
$8,400
16.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,550
Interest Rate
3.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sumathi01 Llc $109,000 --
Sullivan Gregory J $59,400 --
Fraumann Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Gregory J $44,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2015 07/20/15 Sold $109,000 -19.3% $51 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $135,000 0.0% $63 / Sq Ft
04/19/2014 04/19/14 Rented $700 0.0% --
03/11/2014 03/11/14 Under Contract -- -- --
03/04/2014 03/04/14 For Rent $700 0.0% --
10/31/2012 10/31/12 Sold $59,400 +16.5% $28 / Sq Ft
06/26/2012 06/26/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $51,000 -- $24 / 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 $6,415 $160,800 $18,000 $142,800
2023 $6,415 $141,120 $28,800 $112,320
2022 $3,342 $76,000 $11,080 $64,920
2021 $3,342 $76,000 $11,080 $64,920
2020 $155 $84,400 $11,080 $73,320
2019 $2,767 $73,680 $11,080 $62,600
2018 $2,767 $62,920 $12,800 $50,120
2016 $2,129 $43,600 $9,600 $34,000
2015 $1,829 $34,680 $6,800 $27,880
2014 $1,835 $34,680 $6,800 $27,880
Source: Public Records

Agents Affiliated with this Home

  • Greg Sullivan

    Seller's Agent in 2015

    Greg Sullivan

    Keller Williams Realty Atl Partners

    (404) 918-9779

    11 in this area

    121 Total Sales

    Greg Sullivan
    Section Image
  • Narendran Vellaisamy

    Buyer's Agent in 2015

    Narendran Vellaisamy

    Chapman Hall Professionals

    (770) 630-5040

    2 in this area

    55 Total Sales

    Narendran Vellaisamy
    Section Image
  • Julie Horowitz

    Seller's Agent in 2014

    Julie Horowitz

    Keller Williams Realty First Atlanta

    (404) 229-4719

    27 Total Sales

    Julie Horowitz
    Section Image

  • C

    Seller's Agent in 2012

    Cynthia Mink

    NOT A VALID MEMBER

    Section Image

  • G

    Seller Co-Listing Agent in 2012

    Gib Connor

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5523777

First Multiple Listing Service (FMLS)

APN: 5-112-027

Georgia Gwinnett County Lawrenceville 30046

1040 Arlington Way, Lawrenceville, GA

This home is located at 1040 Arlington Way, Lawrenceville, GA 30046 since 17 April 2015 and is currently estimated at $463,200, approximately $217 per square foot. This property was built in 1984. 1040 Arlington Way is a home located in Gwinnett County with nearby schools including Benefield Elementary School, Richards Middle School, and Discovery High School.

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