NOT LISTED FOR SALE

2602 Lance Ridge Way Buford, GA 30519

Estimated Value: $450,000 - $472,000

4 Beds
3 Baths
2,952 Sq Ft
$155/Sq Ft Est. Value

Last Sold December 23, 2022

Last sale price $405,000 $137 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,029/month

31 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Corner Lot
  • Freeman's Mill Elementary School Rated A
  • Loft
  • Community Pool

About This Home

As of December 2022

JUST REDUCED! Lovely & spacious 4 bedroom, 3 full bathroom home is located in sought-after Marlowe Estates! Home offers--inviting foyer, separate dining room, living room, 2 story family room, open breakfast area, spacious kitchen with island, granite countertops, bright white cabinets, beautiful flooring, updated light fixtures, updated bathrooms & large bedrooms. Outside--fulled fenced backyard, large deck, small basketball court & storage shed! Home is located in close proximity to the Mall of Georgia! Truly have to see to appreciate how much space this home has to offer!

Last Agent to Sell the Property

Carl Hawthorne

Watkins Real Estate Associates License #315774 Listed on: 10/27/2022

Last Buyer's Agent

Marie Leavitt

ERA Sunrise Realty License #309617

ERA Sunrise Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,261

Year Built

  • Built in 2005

Lot Details

  • 10,454 Sq Ft Lot
  • Back Yard Fenced
  • Corner Lot

Home Design

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

Interior Spaces

  • 2,952 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Breakfast Room
  • Formal Dining Room
  • Loft
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Separate Shower

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Freemans Mill Elementary School
  • Twin Rivers Middle School
  • Mountain View High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 9 / E

Community Details

Overview

  • Property has a Home Owners Association
  • $1,000 Initiation Fee
  • Association fees include insurance, ground maintenance
  • Marlowe Estates Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,261

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • ArchitecturalStyle: Traditional
  • Financing Type: VA
  • Levels: Two
  • Lot Size Acres: .24
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Disposal, Microwave
  • Bedrooms: 4
  • Dining Room Features: Separate Room
  • Basement: None
  • Total Finished Sq Ft: 2952
  • Above Grade Finished Sq Ft: 2952
  • Interior Amenities: Soaking Tub, Separate Shower, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Fireplace Features: Gas Log
  • Flooring: Tile, Carpet, Vinyl
  • Kitchen Features: Breakfast Room, Kitchen Island, Pantry

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Vinyl Siding
  • Fencing: Fenced, Back Yard
  • Foundation Details: Slab
  • Lot Features: Corner Lot
  • Patio And Porch Features: Deck, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage Door Opener, Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Central, Forced Air
  • Laundry Features: Other
  • Security Features: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Playground, Pool, Tennis Court(s)

Fee Information

  • Initiation Fee: 1000
  • Association Fee Includes: Insurance, Maintenance Grounds

Schools

  • Elementary School: Freemans Mill
  • High School: Mountain View
  • High School Bus: No
  • Middle School: Twin Rivers
  • Middle School Bus: No

Lot Info

  • Lot: 9

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4261

MLS Schools

  • Elementary Bus Line: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Dec 23, 2022
Sold by
Kidd Latoya T
Bought by
Smith Andrew and Smith Kenya
Seller's Agent
Carl Hawthorne
Watkins Real Estate Associates
Buyer's Agent
Marie Leavitt
ERA Sunrise Realty
List Price
$425,000
Sold Price
$405,000
Premium/Discount to List
-$20,000
-4.71%
Views
67
Current Estimated Value
$458,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,943
Avg. Annual Appreciation
4.38%
Original Mortgage
$416,335
Outstanding Balance
$402,080
Interest Rate
6.58%
Mortgage Type
VA
Estimated Equity
$56,863

Purchase Details

Listed on
Oct 27, 2022
Closed on
Dec 14, 2022
Sold by
Kidd David A
Bought by
Kidd Latoya T
Seller's Agent
Carl Hawthorne
Watkins Real Estate Associates
Buyer's Agent
Marie Leavitt
ERA Sunrise Realty
List Price
$425,000
Sold Price
$405,000
Premium/Discount to List
-$20,000
-4.71%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,335
Outstanding Balance
$402,080
Interest Rate
6.58%
Mortgage Type
VA
Estimated Equity
$56,863

Purchase Details

Closed on
May 25, 2018
Sold by
Kidd David A
Bought by
Kidd Latoya T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,928
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 26, 2005
Sold by
Winmark Homes Inc
Bought by
Kidd David A and Kidd Latoya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,200
Interest Rate
5.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Andrew $405,000 --
Kidd Latoya T -- --
Kidd Latoya T -- --
Kidd David A $205,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kidd Latoya T $416,335
Previous Owner Kidd Latoya T $210,928
Previous Owner Kidd David A $41,200
Previous Owner Kidd David A $164,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2022 12/23/22 Sold $405,000 -1.2% $137 / Sq Ft
11/27/2022 11/27/22 Pending -- -- --
11/04/2022 11/04/22 Price Changed $410,000 -3.5% $139 / Sq Ft
10/27/2022 10/27/22 For Sale $425,000 -- $144 / 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
2025 $7,258 $194,960 $26,000 $168,960
2024 $6,991 $185,440 $30,000 $155,440
2023 $6,991 $162,000 $30,000 $132,000
2022 $4,873 $157,960 $28,000 $129,960
2021 $4,261 $125,600 $20,000 $105,600
2020 $3,694 $98,000 $16,800 $81,200
2019 $3,563 $98,000 $16,800 $81,200
2018 $3,565 $98,000 $16,800 $81,200
2016 $3,022 $81,680 $12,800 $68,880
2015 $2,875 $76,760 $11,200 $65,560
2014 -- $76,760 $11,200 $65,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10104901

Georgia MLS

APN: 3-001A-279