NOT LISTED FOR SALE

1116 Magical Way Sugar Hill, GA 30518

Estimated Value: $208,335 - $227,000

2 Beds
1.5 Baths
1,024 Sq Ft
$210/Sq Ft Est. Value

Last Sold February 27, 2019

Last sale price $97,000 $95 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $1,420/month

3 Days on Market

Highlights

  • Open-Concept Dining Room
  • Eat-In Kitchen
  • Restaurant
  • Sugar Hill Elementary School Rated A
  • Patio
  • Brick Front

About This Home

As of February 2019

Roomy townhome with 2 bedrooms and large bath with double vanity upstairs. Main level has 1/2 bath with hookups for washer and dryer, family room, dining area and kitchen. Appliances include refrigerator, electric stove, and dishwasher. Inside painted and new carpet 2 years ago. Back door opens to patio and open green space. Walk to Sugar Hill for activities such as ice skating into Feb., food trucks, entertainment, roller rink for spring/summer, new restaurants, amphitheater. lockbox code will be given out when showing is confirmed.

Last Agent to Sell the Property

Lynn Lusby

NOT A VALID MEMBER License #217928 Listed on: 01/28/2019

Last Buyer's Agent

Lena Zaretsky

K23 Realty, LLC License #151529

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $931

Year Built

  • Built in 1985

Lot Details

  • Two or More Common Walls
  • Privacy Fence
  • Front Yard

HOA Fees

  • $76 Monthly HOA Fees

Home Design

  • Frame Construction
  • Composition Roof
  • Brick Front

Interior Spaces

  • 1,024 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room
  • Open-Concept Dining Room
  • Open Access

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry on main level
  • Laundry in Bathroom

Parking

  • 1 Parking Space
  • Parking Accessed On Kitchen Level
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Patio

Schools

  • Sugar Hill - Gwinnett Elementary School
  • Lanier Middle School
  • Lanier High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R7291 282

Community Details

Overview

  • Sugar Hill Place Townhomes Association
  • Secondary HOA Phone (770) 466-6331
  • Sugar Hill Place Subdivision

Amenities

  • Restaurant

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$931

Year Built

Built in 1985

Lot Details

0

HOA Fees

$76 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse
  • Property Condition: Resale
  • Year Built: 1985
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
  • Interior Amenities: High Speed Internet
  • Kitchen Features: Laminate Counters, Eat-in Kitchen
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Open Concept
  • Square Footage: 1024.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Tub/Shower Combo

Exterior Features

  • Construction Materials: Brick Front, Frame
  • Roof Type: Composition
  • Fencing: Privacy
  • Patio And Porch Features: Patio

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking Features: Assigned, Kitchen Level, Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Open Access
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Bathroom, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Grounds, Reserve Fund
  • Community Features: Homeowners Assoc, Restaurant
  • Association Fee: 76
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Management Company Email: Info@libertycm.com
  • Management Phone: 770-466-6331
  • Subdivision Complex: Sugar Hill Place

Association/Amenities

  • Number Of Units In Community: 1
  • Management Company: Sugar Hill Place Townhomes

Schools

  • Elementary School: Sugar Hill - Gwinnett
  • Middle School: Lanier
  • High School: Lanier

Lot Info

  • Deed Book: 39653
  • Lot Features: Front Yard
  • Lot Dimensions: 436
  • Parcel Number: R7291 282
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 931.00
  • Assessor Parcel Number: R7291-282
  • Close Date: 2019-02-27
  • Tax Year: 2017

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Sugar Hill - Gwinnett
  • High School: Lanier
  • Middle School: Lanier

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2019
Closed on
Feb 27, 2019
Sold by
Chamlee Paul R
Bought by
Carmichael Irene A
Seller's Agent
Lynn Lusby
NOT A VALID MEMBER
Buyer's Agent
Lena Zaretsky
K23 Realty, LLC
List Price
$99,750
Sold Price
$97,000
Premium/Discount to List
-$2,750
-2.76%
Current Estimated Value
$214,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,584
Avg. Annual Appreciation
12.80%
Original Mortgage
$72,750
Outstanding Balance
$63,960
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$150,624

Purchase Details

Closed on
Aug 19, 2004
Sold by
Destin Circle Lllp
Bought by
Chamlee Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,920
Interest Rate
5.25%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Carmichael Irene A $97,000 --
Chamlee Paul R $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carmichael Irene A $72,750
Previous Owner Chamlee Paul R $63,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2019 02/27/19 Sold $97,000 -2.8% $95 / Sq Ft
01/31/2019 01/31/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $99,750 0.0% $97 / Sq Ft
01/10/2017 01/10/17 Rented $800 0.0% --
01/04/2017 01/04/17 For Rent $800 +18.5% --
08/05/2013 08/05/13 Rented $675 0.0% --
08/05/2013 08/05/13 For Rent $675 -- --
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 $2,428 $69,560 $8,800 $60,760
2023 $2,428 $68,040 $8,800 $59,240
2022 $2,381 $68,040 $8,800 $59,240
2021 $1,378 $38,600 $4,800 $33,800
2020 $1,534 $38,600 $4,800 $33,800
2019 $1,255 $32,720 $4,800 $27,920
2018 $1,260 $32,720 $4,800 $27,920
2016 $882 $22,920 $4,800 $18,120
2015 $810 $20,800 $4,800 $16,000
2014 -- $20,800 $4,800 $16,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lynn Lusby

    NOT A VALID MEMBER

    Section Image

  • L

    Buyer's Agent in 2019

    Lena Zaretsky

    K23 Realty, LLC

    (678) 860-8282

    17 Total Sales

    Lena Zaretsky
    Section Image

  • A

    Seller Co-Listing Agent in 2013

    AMY WALKER

    Century 21 Results

    8 Total Sales

    AMY WALKER
    Section Image
  • Glenda Broker

    Buyer's Agent in 2013

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

    Glenda Broker
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6125824

First Multiple Listing Service (FMLS)

APN: 7-291-282

Georgia Gwinnett County Sugar Hill 30518

1116 Magical Way, Sugar Hill, GA

This home is located at 1116 Magical Way, Sugar Hill, GA 30518 since 28 January 2019 and is currently estimated at $214,584, approximately $209 per square foot. This property was built in 1985. 1116 Magical Way is a home located in Gwinnett County with nearby schools including Sugar Hill Elementary School, Lanier Middle School, and Lanier High School.

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