NOT LISTED FOR SALE

2561 Farmstead Ct Grayson, GA 30017

Estimated Value: $364,000 - $431,032

4 Beds
3 Baths
3,102 Sq Ft
$127/Sq Ft Est. Value

Last Sold October 07, 2013

Last sale price $120,000 $39 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $2,514/month

27 Days on Market

Highlights

  • Clubhouse
  • Loft
  • Tennis Courts
  • Trip Elementary School Rated A
  • Community Pool
  • Combination Dining and Living Room

About This Home

As of October 2013

THIS IS A SHORT SALE REQUIRING THIRD PARTY APPROVAL. PROPERTY IS OCCUPIED AND IS SHOWN BY APPOINTMENT ONLY.

Last Listed By

Constantine Angus

Petra Realty Inc. License #263533 Listed on: 07/16/2013

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,925

Year Built

  • 2007

Lot Details

  • 8,712

Interior Spaces

  • Family Room
  • Combination Dining and Living Room
  • Loft

Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom
  • Natural lighting in basement

Schools

  • Trip / Gwinnett / Gwinnett County Elementary School
  • Bay Creek / Gwinnett / Gwinnett County Middle School
  • Grayson / Gwinnett / Gwinnett County High School

Utilities

  • Electric Water Heater

Community Details

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Other

Est. Annual Taxes

$3,925

Year Built

2007

Lot Details

0

Listing Details

  • Special Features: 12
  • Year Built: 2007

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Gas Starter
  • Basement: Bath Stubbed, Daylight, Full
  • Kitchen Equipment: Dishwasher, Garbage Disposal, Range/Oven
  • Interior Amenities: Cable TV Connections, Trey Ceilings, Double Vanity, Wall-to-wall Carpet
  • Laundry Location: Upstairs
  • Total Finished Sq Ft: 3102
  • Unfinished Below Grade Sq Ft: 1341

Exterior Features

  • Construction: Brick Front

Garage/Parking

  • Parking: 2 Car

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Gas
  • Heating: Central
  • Energy Features: Electric Water Heater
  • Water/Sewer: Public Water, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 320
  • HOA Fee Frequency: Annual

Association/Amenities

  • Amenities: Clubhouse, Pool, Street Lights, Tennis Courts

Schools

  • Elementary School: Trip / Gwinnett / Gwinnett County, GA
  • High School: Grayson / Gwinnett / Gwinnett County, GA
  • Middle School: Bay Creek / Gwinnett / Gwinnett County, GA

Lot Info

  • Lot Description: Sloping
  • Lot Size: Less than 1/3 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2013
Closed on
Oct 7, 2013
Sold by
Burke Donald R
Bought by
Cunningham Milinda M
Seller's Agent
Constantine Angus
Petra Realty Inc.
Buyer's Agent
Kamarah Angus
Petra Realty Inc.
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%
Total Days on Market
27
Current Estimated Value
$392,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,758
Avg. Annual Appreciation
11.02%
Original Mortgage
$85,000
Outstanding Balance
$65,380
Interest Rate
4.58%
Mortgage Type
New Conventional
Estimated Equity
$339,066

Purchase Details

Closed on
Mar 30, 2007
Sold by
Colony Homes Llc
Bought by
Burke Donald R and Burke Jacqueline A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
6.18%
Mortgage Type
New Conventional

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
Cunningham Milinda M $120,000 --
Burke Donald R $202,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cunningham Milinda M $85,000
Previous Owner Burke Donald R $202,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2013 10/07/13 Sold $120,000 -7.7% $39 / Sq Ft
08/13/2013 08/13/13 Pending -- -- --
07/16/2013 07/16/13 For Sale $130,000 -- $42 / 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
2023 $3,925 $191,920 $30,400 $161,520
2022 $4,039 $160,640 $22,000 $138,640
2021 $3,188 $115,600 $16,800 $98,800
2020 $3,776 $115,600 $16,800 $98,800
2019 $2,824 $79,480 $12,000 $67,480
2018 $2,835 $79,480 $12,000 $67,480
2016 $3,036 $79,480 $12,000 $67,480
2015 $1,857 $48,000 $9,600 $38,400
2014 $1,869 $48,000 $9,600 $38,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07127357

Georgia MLS

APN: 5-091-382