NOT LISTED FOR SALE

2242 Shoal Creek Rd Unit LOT 3 Buford, GA 30518

Estimated Value: $4,154,000 - $4,455,000

2.68 Acres
$1,606,157 Price per Acre
116,741 Sq Ft Lot

Last Sold October 20, 2017

Last sale price $180,000

Est. 2,291% increase in value since last sale

Current estimated payment $23,372/month

50 Days on Market

Highlights

  • Gated Community
  • 2.68 Acre Lot
  • Lot Has A Rolling Slope
  • Buford Elementary School Rated A
  • Partially Wooded Lot

About This Lot

As of October 2017

BUFORD CITY SCHOOLS. Close to schools as well as Lake Lanier. Shared gated driveway with 3 other lots. Largest and only lot still available, Lot #3. Come build your custom home in a great school system and community.

Last Agent to Sell the Property

Matthew Pelot

NorthGroup Real Estate License #365704 Listed on: 07/06/2017

NorthGroup Real Estate

Last Buyer's Agent

Marie Crawford

HomeSmart License #288814

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $302

Year Built

  • 2019

Lot Details

  • 2.68 Acre Lot
  • Property fronts a private road
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Schools

  • Buford Elementary And Middle School
  • Buford High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number R7326 201

Property Details

Property Type

Land

Est. Annual Taxes

$302

Year Built

2019

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Restrictions Requirements: Government Restrictions
  • Special Features: None
  • Year Built (Public Record): 2019

Property Details

  • Property: Res Developed Lots

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available

Condo/Co-op/Association

  • Community Features: Gated

Schools

  • Elementary School: Buford
  • Middle School: Buford
  • High School: Buford

Lot Info

  • Acres: 2.6800
  • Lot Features: Rolling Slope
  • Parcel Number: R7326 201
  • Price Acre Dollar: 67164.00
  • Property Attached Yn: No

Tax Info

  • Taxes: 302.00
  • Assessor Parcel Number: R7326-201
  • Close Date: 2017-10-20
  • Tax Year: 2016

MLS Schools

  • Elementary School: Buford
  • High School: Buford
  • Middle School: Buford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2022
Sold by
Abreu Edwin
Bought by
Abreu Edwin Trust and Abreu Edwin
Total Days on Market
50
Current Estimated Value
$4,304,500

Purchase Details

Closed on
Mar 23, 2020
Sold by
Kennedy Jasmine E
Bought by
Abreu Edwin and Abreu Jasmine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2017
Closed on
Oct 20, 2017
Sold by
Tatum Eric J
Bought by
Abreu Edwin and Kennedy Jasmine E
Seller's Agent
Matthew Pelot
NorthGroup Real Estate
Buyer's Agent
Marie Crawford
HomeSmart
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.56%
Original Mortgage
$114,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2017
Sold by
Hastings Brandon
Bought by
Tatum Eric J and Tatum Lauren
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
Abreu Edwin Trust -- --
Abreu Edwin -- --
Abreu Edwin $180,000 --
Tatum Eric J $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abreu Edwin $999,999
Previous Owner Abreu Edwin $900,000
Previous Owner Abreu Edwin $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2017 10/20/17 Sold $180,000 -10.0% --
08/25/2017 08/25/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $200,000 -- --
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
2023 $6,336 $605,560 $60,280 $545,280
2022 $6,324 $450,520 $35,160 $415,360
2021 $6,324 $450,520 $35,160 $415,360
2020 $6,324 $450,520 $35,160 $415,360
2019 $375 $28,960 $28,960 $0
2018 $375 $28,960 $28,960 $0
2016 $302 $23,600 $23,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5874030

First Multiple Listing Service (FMLS)

APN: 7-326-201