NOT LISTED FOR SALE

1959 Lake Lucerne Way SW Unit 4 Lilburn, GA 30047

Estimated Value: $413,000 - $647,000

3 Beds
2 Baths
2,882 Sq Ft
$198/Sq Ft Est. Value

Last Sold September 23, 2015

Last sale price $347,000 $120 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,196/month

5 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Floating Dock
  • Clubhouse
  • Mountain Park Elementary School Rated A
  • Community Lake
  • Solarium

About This Home

As of September 2015

A rare opportunity to buy lake front property in Lilburn, GA. This beautiful 3 bedroom, 2 bath home on a huge basement sits nicely on one of only two Lake Lucerne's point lots. You will absolutely love the stunning views of this private 40-acre lake along with fishing, boating, & clubhouse activities. The house includes recent updates with granite counter tops, upgraded appliances, tiled baths, and wood floors throughout. Add to these a sunroom & wood deck that overlook your boat dock & beautiful Lake Lucerne & you have a perfect place to entertain family & friends!

Last Agent to Sell the Property

David Elrod

Re/Max Legends License #205704 Listed on: 07/29/2015

Re/Max Legends

Last Buyer's Agent

Timothy Cox

Keller Williams Realty License #259810

Keller Williams Realty

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,116

Year Built

  • 1968

Lot Details

  • 0.66

Interior Spaces

  • Double Pane Windows
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Solarium

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Boat door in Basement
  • Block Basement Construction
  • Natural lighting in basement

Outdoor Features

  • Dock Approval Required
  • Floating Dock
  • Dock Rights

Schools

  • Mountain Park / Gwinnett / Gwinnett County Elementary School
  • Trickum / Gwinnett / Gwinnett County Middle School
  • Parkview / Gwinnett / Gwinnett County High School

Additional Features

  • 120 Feet of Waterfront
  • Septic Tank

Community Details

Overview

  • Property has a Home Owners Association
  • Community Lake

Amenities

  • Clubhouse

Property Details

Home Type

Other

Est. Annual Taxes

$2,116

Year Built

1968

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1968

Interior Features

  • Fireplace(s): 1, In Great/Family Room
  • Basement: Block, Boat Door, Daylight, Inside Entrance, Outside Entrance, Full
  • Kitchen Equipment: Dishwasher, Built-In Microwave, Range/Oven
  • Interior Amenities: Bookcases, Cable In Street, Cable TV Connections, Vaulted Ceilings, Double Vanity, Exposed Beams, Entrance Foyer, Hardwood Floors, Pulldown Attic Stairs, Tile Bath, Tile Floors
  • Laundry Location: Hall
  • Below Grade Finished Sq Ft: 2050
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Country Kitchen, Island, Solid Surface Counters
  • Above Grade Finished Sq Ft: 2882

Exterior Features

  • Boathouse/Dock: Dock Approval Required, Dock Rights, Floating Dock
  • Construction: Brick/Frame
  • Exterior Features: Deck/Patio, Fenced Yard, Porch, Sprinkler System
  • Roof Type: Composition
  • Waterfront Type: Lake Access, Water View, Waterfront
  • Waterfront Frontage: 120

Garage/Parking

  • Parking: 2 Car, Attached, Auto Garage Door, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Gas
  • Heating: Central, Forced Air
  • Energy Features: Double Pane/Thermo
  • Water/Sewer: Public Water, Septic Tank

Condo/Co-op/Association

  • HOA Fees: 180
  • HOA Fee Frequency: Annual

Association/Amenities

  • Amenities: Clubhouse, Lake, Neighborhood Association

Schools

  • Elementary School: Mountain Park / Gwinnett / Gwinnett County, GA
  • Elementary Bus Line: Yes
  • High School: Parkview / Gwinnett / Gwinnett County, GA
  • High School Bus: Yes
  • Middle School: Trickum / Gwinnett / Gwinnett County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Private Backyard, Wooded
  • Lot Size: 1/2 - 1 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2021
Sold by
Nguyen Dutking Nhien
Bought by
Shah Arshad and Shah Irene
Current Estimated Value
$569,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,600
Outstanding Balance
$162,200
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$432,043

Purchase Details

Listed on
Jul 29, 2015
Closed on
Sep 23, 2015
Sold by
Hines Elizabeth A
Bought by
Nguyen-Dutking Nhien and Dutkin Roger A
Seller's Agent
David Elrod
Re/Max Legends
Buyer's Agent
Timothy Cox
Keller Williams Realty
List Price
$349,000
Sold Price
$347,000
Premium/Discount to List
-$2,000
-0.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$277,600
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2004
Sold by
Feldman Scott A and Feldman Susan
Bought by
Hines Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,200
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2000
Sold by
Feldman Scott A
Bought by
Feldman Scott A and Feldman Susan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2000
Sold by
Wickham Jack C
Bought by
Feldman Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.63%
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
Shah Arshad $446,500 --
Nguyen-Dutking Nhien $347,000 --
Hines Elizabeth A $264,000 --
Feldman Scott A -- --
Feldman Scott A $137,500 --
Feldman Scott A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Arshad $178,600
Previous Owner Nguyen-Dutking Nhien $277,600
Previous Owner Hines Elizabeth A $211,200
Previous Owner Feldman Scott A $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2015 09/23/15 Sold $347,000 -0.6% $120 / Sq Ft
08/04/2015 08/04/15 Pending -- -- --
07/29/2015 07/29/15 For Sale $349,000 -- $121 / Sq Ft
Source: Georgia MLS

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 $2,116 $263,560 $41,120 $222,440
2023 $2,116 $223,880 $39,600 $184,280
2022 $2,075 $178,600 $39,600 $139,000
2021 $3,900 $126,400 $24,000 $102,400
2020 $3,929 $126,400 $24,000 $102,400
2019 $3,839 $126,400 $24,000 $102,400
2018 $3,789 $123,760 $20,000 $103,760
2016 $3,383 $103,960 $12,000 $91,960
2015 $2,656 $69,680 $11,200 $58,480
2014 $2,665 $69,680 $11,200 $58,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07497145

Georgia MLS

APN: 6-063B-019