NOT LISTED FOR SALE

2542 Lance Ridge Way Buford, GA 30519

Estimated Value: $437,000 - $462,000

5 Beds
3 Baths
2,655 Sq Ft
$170/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $365,000 $137 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,927/month

Highlights

  • Open-Concept Dining Room
  • Sitting Area In Primary Bedroom
  • Traditional Architecture
  • Freeman's Mill Elementary School Rated A
  • Clubhouse
  • Wood Flooring

About This Home

As of August 2021

Welcome to your 5 bedroom, 3 bath home in Buford. This fantastic floorplan offers a living room or home office space and a separate family room with a fireplace. The family room is open to the kitchen which features granite countertops, updated appliances, and an island. There is a bedroom (currently being used as an office) and full bath on the main level. Upstairs you will find the master bedroom with sitting area and the master bath has a double vanity with granite top and a separate tub and shower. Plenty of space with three additional bedrooms and a bathroom upstairs. Your backyard oasis awaits! Patio has a gazebo with electric perfect for entertaining. Beautifully landscaped yard that even has a shed.

Last Agent to Sell the Property

Jodi Wilson

Coldwell Banker Realty License #366472 Listed on: 07/09/2021

Coldwell Banker Realty

Last Buyer's Agent

Sharon Hong Wan

Virtual Properties Realty.Net, LLC. License #349960

Virtual Properties Realty.Net, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,774

Year Built

  • Built in 2005

Lot Details

  • 0.25 Acre Lot
  • Private Entrance
  • Landscaped
  • Level Lot
  • Private Yard
  • Garden
  • Back and Front Yard

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • 2,655 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Open-Concept Dining Room
  • Home Office
  • Carbon Monoxide Detectors

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Oversized primary bedroom
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer

Outdoor Features

  • Patio
  • Outdoor Storage
  • Rear Porch

Location

  • Property is near shops

Schools

  • Freeman's Mill Elementary School
  • Twin Rivers Middle School
  • Mountain View High School

Utilities

  • Zoned Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • 110 Volts
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R3001A285

Community Details

Overview

  • Atlanta Community Service Association
  • Marlowe Estates Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,774

Year Built

Built in 2005

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2005
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Gas Starter, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Double Vanity, High Ceilings 9 ft Main, High Ceilings 9 ft Upper
  • Kitchen Features: Cabinets White, Pantry, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Office
  • Dining Room Features: Open Concept
  • Square Footage: 2655.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Oversized Master, Sitting Room
  • Main Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity

Exterior Features

  • Construction Materials: Brick Front, Vinyl Siding
  • Roof Type: Composition
  • Patio And Porch Features: Patio, Rear Porch
  • Exterior Features: Garden, Private Front Entry, Private Yard, Storage
  • Foundation: Slab

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Faces Front, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s)
  • Heating: Hot Water, Natural Gas, Zoned
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Electricity, Swim/Tennis
  • Community Features: Clubhouse, Homeowners Assoc, Near Shopping, Playground, Pool, Street Lights, Tennis Court(s)
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Marlowe Estates

Association/Amenities

  • Management Company: Atlanta Community Service

Schools

  • Elementary School: Freeman's Mill
  • Middle School: Twin Rivers
  • High School: Mountain View

Lot Info

  • Acres: 0.2500
  • Deed Book: 56961
  • Deed Page: 673
  • Lot Features: Back Yard, Front Yard, Landscaped, Level
  • Lot Dimensions: x 80
  • Parcel Number: R3001A285
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 3774.00
  • Assessor Parcel Number: R3001A-285
  • Close Date: 2021-08-09
  • Tax Year: 2020

MLS Schools

  • Elementary School: Freeman's Mill
  • High School: Mountain View
  • Middle School: Twin Rivers

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 9, 2021
Sold by
Khalid Salman
Bought by
Wang Yumei
Seller's Agent
Jodi Wilson
Coldwell Banker Realty
Buyer's Agent
Sharon Hong Wan
Virtual Properties Realty.Net, LLC.
List Price
$325,000
Sold Price
$365,000
Premium/Discount to List
$40,000
12.31%
Current Estimated Value
$451,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,936
Avg. Annual Appreciation
5.30%
Original Mortgage
$275,000
Outstanding Balance
$250,599
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$201,337

Purchase Details

Listed on
Jul 23, 2019
Closed on
Oct 11, 2019
Sold by
West Timothy E
Bought by
Khalid Salman and Chaudry Urfana
Seller's Agent
Vanessa Williams
NOT A VALID MEMBER
Buyer's Agent
Jodi Wilson
Coldwell Banker Realty
List Price
$284,900
Sold Price
$285,786
Premium/Discount to List
$886
0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.30%
Original Mortgage
$271,496
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 28, 2016
Closed on
Nov 10, 2016
Sold by
Panos Philip
Bought by
West Timothy E and West Evhenia W
Seller's Agent
Suzanne Bryant
Virtual Properties Realty.com
Buyer's Agent
Vanessa Williams
NOT A VALID MEMBER
List Price
$239,900
Sold Price
$234,900
Premium/Discount to List
-$5,000
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%
Original Mortgage
$175,000
Interest Rate
7.13%

Purchase Details

Closed on
May 28, 2010
Sold by
Coy Amanda
Bought by
Panos Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.77%

Purchase Details

Closed on
Jun 28, 2007
Sold by
Olmsted Daron E and Olmsted Kelly A
Bought by
Panos Philip and Coy Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,900
Interest Rate
6.16%
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
Wang Yumei $365,000 --
Khalid Salman $285,786 --
West Timothy E $234,900 --
Panos Philip -- --
Panos Philip -- --
Panos Philip $199,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Yumei $275,000
Previous Owner Khalid Salman $271,496
Previous Owner West Timothy E $175,000
Previous Owner Panos Philip $144,000
Previous Owner Panos Philip $189,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $365,000 +12.3% $137 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $325,000 +13.7% $122 / Sq Ft
10/11/2019 10/11/19 Sold $285,786 +0.3% $108 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $284,900 0.0% $107 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
08/09/2019 08/09/19 Price Changed $284,900 -1.7% $107 / Sq Ft
07/23/2019 07/23/19 For Sale $289,900 +23.4% $109 / Sq Ft
11/10/2016 11/10/16 Sold $234,900 0.0% $88 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
10/09/2016 10/09/16 Price Changed $234,900 -2.1% $88 / Sq Ft
09/28/2016 09/28/16 For Sale $239,900 -- $90 / 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 $5,870 $171,840 $30,000 $141,840
2023 $5,870 $171,840 $30,000 $141,840
2022 $5,519 $146,000 $28,000 $118,000
2021 $4,091 $116,840 $20,000 $96,840
2020 $3,774 $100,960 $20,000 $80,960
2019 $3,515 $100,960 $20,000 $80,960
2018 $3,394 $95,240 $16,800 $78,440
2016 $2,804 $76,400 $12,800 $63,600
2015 $2,667 $71,760 $11,200 $60,560
2014 -- $71,760 $11,200 $60,560
Source: Public Records

Agents Affiliated with this Home

  • Jodi Wilson

    Seller's Agent in 2021

    Jodi Wilson

    Coldwell Banker Realty

    (321) 961-3905

    73 Total Sales

    Jodi Wilson
    Section Image
  • Sharon Hong Wan

    Buyer's Agent in 2021

    Sharon Hong Wan

    Virtual Properties Realty

    (651) 276-5666

    66 Total Sales

    Sharon Hong Wan
    Section Image

  • V

    Seller's Agent in 2019

    Vanessa Williams

    NOT A VALID MEMBER

    Section Image

  • S

    Seller's Agent in 2016

    Suzanne Bryant

    Virtual Properties Realty.com

    (678) 614-2427

    37 Total Sales

    Suzanne Bryant
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6913022

First Multiple Listing Service (FMLS)

APN: 3-001A-285

Georgia Gwinnett County Buford 30519

2542 Lance Ridge Way, Buford, GA

This home is located at 2542 Lance Ridge Way, Buford, GA 30519 since 09 July 2021 and is currently estimated at $451,936, approximately $170 per square foot. This property was built in 2005. 2542 Lance Ridge Way is a home located in Gwinnett County with nearby schools including Freeman's Mill Elementary School, Twin Rivers Middle School, and Mountain View High School.

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