NOT LISTED FOR SALE

260 Johnson Rd Suwanee, GA 30024

Estimated Value: $1,272,000 - $1,565,000

7 Acres
$199,661 Price per Acre
304,920 Sq Ft Lot

Last Sold July 15, 2016

Last sale price $800,000 $226 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $8,954/month

322 Days on Market

Highlights

  • Gated Community
  • 7 Acre Lot
  • Level Lot
  • Riverside Elementary School Rated A
  • Wooded Lot

About This Lot

As of July 2016

Rare development opportunity in sought after close-in Suwanee location! Minutes from the best public and private schools, and world class shopping + dining. Nearly 7 acres await, poised to become THE premiere, high-end residential enclave in the area.Stunning property with extensive frontage and total privacy, Perfectly sited building sites This is absolutely spectacular and truly one of a kind. You have to see it to believe its beauty (Appointment Only)

Last Listed By

Troy Stowe

Ansley Real Estate | Christie's International Real Estate License #239349 Listed on: 06/23/2015

Ansley Real Estate | Christie's International Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,423

Year Built

  • 1989

Lot Details

  • 7 Acre Lot
  • Level Lot
  • Wooded Lot

Schools

  • Riverside - Gwinnett Elementary School
  • North Gwinnett Middle School
  • North Gwinnett High School

Utilities

  • Septic Tank
  • Cable TV Available

Community Details

  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number R7318 028

Property Details

Property Type

Land

Est. Annual Taxes

$8,423

Year Built

1989

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Special Features: None
  • Year Built: 1989

Property Details

  • Property: Res Developed Lots

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Gated, Street Lights

Schools

  • Elementary School: Riverside - Gwinnett
  • Middle School: North Gwinnett
  • High School: North Gwinnett

Lot Info

  • Acres: 7.0000
  • Lot Features: Level
  • Parcel Number: R7318 028
  • Price Acre Dollar: 114285.00
  • Property Attached Yn: No

Tax Info

  • Taxes: 8423.00
  • Assessor Parcel Number: R7318-028
  • Close Date: 2016-07-15
  • Tax Year: 2013

MLS Schools

  • Elementary School: Riverside - Gwinnett
  • High School: North Gwinnett
  • Middle School: North Gwinnett

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2021
Sold by
Drummonds Donald E
Bought by
Drummonds Donald and Drummonds Elizabeth P
Total Days on Market
322
Current Estimated Value
$1,397,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$714,498
Outstanding Balance
$654,352
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$732,866

Purchase Details

Listed on
Jun 23, 2015
Closed on
Jul 15, 2016
Sold by
Seay Thomas E
Bought by
Drummonds Donald E
Seller's Agent
Troy Stowe
Ansley Real Estate | Christie's International Real Estate
Buyer's Agent
Diana C Pope
HomeSmart
List Price
$1,250,000
Sold Price
$800,000
Premium/Discount to List
-$450,000
-36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$640,000
Interest Rate
3.54%

Purchase Details

Closed on
Apr 19, 2013
Sold by
Bailey-Seay Theresa A
Bought by
Seay Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,000
Interest Rate
2.88%

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
Drummonds Donald -- --
Drummonds Donald E $800,000 --
Seay Thomas E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drummonds Donald $714,498
Previous Owner Drummonds Donald E $149,000
Previous Owner Drummonds Donald E $640,000
Previous Owner Drummonds Donald E $120,000
Previous Owner Seay Thomas E $403,000
Previous Owner Seay Thomas E $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2016 07/15/16 Sold $800,000 -36.0% $226 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
06/23/2015 06/23/15 For Sale $1,250,000 -- $353 / 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
2023 $14,474 $428,040 $162,960 $265,080
2022 $11,791 $317,480 $90,560 $226,920
2021 $11,995 $317,480 $90,560 $226,920
2020 $12,295 $317,480 $90,560 $226,920
2019 $8,787 $230,080 $93,800 $136,280
2018 $8,807 $230,080 $93,800 $136,280
2016 $8,262 $220,080 $76,440 $143,640
2015 $8,359 $220,080 $76,440 $143,640
2014 $8,415 $220,080 $76,440 $143,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5559053

First Multiple Listing Service (FMLS)

APN: 7-318-028