NOT LISTED FOR SALE

2440 Buford Hwy Buford, GA 30518

Estimated Value: $3,185,003

16 Acres
$197,581 Price per Acre
702,187 Sq Ft Lot

Last Sold December 18, 2018

Last sale price $1,800,000

Est. 77% increase in value since last sale

Current estimated payment $17,924/month

241 Days on Market

About This Lot

As of December 2018

Best Location on Buford Hwy. The corner of Buford and Robert Bell Pkwy. Convenient to Mall of Georgia and Hwy 985. Near lots of Residential Area & in the Best School District.

Last Agent to Sell the Property

Yang Hee Kim

Virtual Properties Realty.com License #277501 Listed on: 12/12/2017

Virtual Properties Realty.com

Last Buyer's Agent

Yang Hee Kim

Virtual Properties Realty.com License #277501 Listed on: 12/12/2017

Virtual Properties Realty.com

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,173

Lot Details

  • 16.12 Acre Lot
  • Property is zoned C-2

Schools

  • Harmony - Gwinnett Elementary School
  • Jones Middle School
  • Mill Creek High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R7267 009

Property Details

Property Type

Land

Est. Annual Taxes

$2,173

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Current Classification: Commercial
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Utilities

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

Schools

  • Elementary School: Harmony - Gwinnett
  • Middle School: Jones
  • High School: Mill Creek

Lot Info

  • Acres: 16.1200
  • Possible Use: Office
  • Current Zoning: C-2
  • Parcel Number: R7267 009
  • Price Acre Dollar: 111663.00
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: R7267-009
  • Close Date: 2018-12-18
  • Tax Year: 2016

MLS Schools

  • Elementary School: Harmony - Gwinnett
  • High School: Mill Creek
  • Middle School: Jones

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2017
Closed on
Dec 17, 2018
Sold by
Chan Sunny L
Bought by
City Of Buford
Seller's Agent
Yang Hee Kim
Virtual Properties Realty.com
Buyer's Agent
Yang Hee Kim
Virtual Properties Realty.com
List Price
$2,100,000
Sold Price
$1,800,000
Premium/Discount to List
-$300,000
-14.29%
Current Estimated Value
$3,185,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,385,003
Avg. Annual Appreciation
9.24%

Purchase Details

Closed on
May 5, 2017
Sold by
Kim Yang Hee
Bought by
Sung Gong Properties Llc

Purchase Details

Closed on
Feb 26, 2017
Sold by
Yi-Hsuan Huang Mark
Bought by
Yi Hsuan Huang Mark and Chan Oi Hung

Purchase Details

Closed on
Feb 21, 2017
Sold by
Minsung John
Bought by
Kim Yang Hee
Source: Public Records

Similar Property in Buford, GA

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    $3,900,000

    • Land
    • 17 Acres
    • $233,533 per Acre
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    Amazing opportunity for investors or have a beautiful piece of agricultural land in the north Gwinnett area! Use the property in it's current state or re-zone for development! Seller has already submitted Sewer Capacity application along with an engineered sewer design. Sewer capacity is APPROVED! This property is beautifully located approximately 1 mile from I-85, 1 mile from Kroger, less than a

    Josh Mendoza Virtual Properties Realty.com

    Section Image

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
City Of Buford $1,800,000 --
Sung Gong Properties Llc -- --
Yi Hsuan Huang Mark -- --
Kim Yang Hee -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2018 12/18/18 Sold $1,800,000 -25.6% --
08/10/2018 08/10/18 Pending -- -- --
12/18/2017 12/18/17 Price Changed $2,418,000 +15.1% --
12/12/2017 12/12/17 For Sale $2,100,000 -- --
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 $2,173 $217,320 $217,320 $0
2022 $0 $128,320 $128,320 $0
2021 $1,841 $128,320 $128,320 $0
2020 $1,841 $128,320 $128,320 $0
2019 $1,838 $141,840 $141,840 $0
2018 $1,838 $141,840 $141,840 $0
2016 $1,818 $141,840 $141,840 $0
2015 $1,882 $141,840 $141,840 $0
2014 $1,479 $109,600 $109,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5941882

First Multiple Listing Service (FMLS)

APN: 7-267-009