NOT LISTED FOR SALE

2968 Morgan Spring Trail Buford, GA 30519

Estimated Value: $424,000 - $452,000

3 Beds
2.5 Baths
2,707 Sq Ft
$161/Sq Ft Est. Value

Last Sold November 06, 2019

Last sale price $287,135 $106 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,825/month

Highlights

  • Craftsman Architecture
  • Deck
  • Community Pool
  • Freeman's Mill Elementary School Rated A
  • Loft
  • Open to Family Room

About This Home

As of November 2019

Brand NEW energy-efficient home ready January 2020! The Cobalt's charming porch gives way to a grand foyer and open-concept main floor. A large kitchen island and fireplace define the living space. Upstairs, a versatile loft makes a great playroom or office. Located off Morgan Road in Buford, this beautiful community offers the convenience of nearby shopping, dining and recreation. Known for their energy-efficient features, our homes help you live a healthier and quieter lifestyle while saving thousands of dollars on utility bills.

Last Agent to Sell the Property

Adam Corder

Meritage Homes Of Georgia Realty, LLC License #331009 Listed on: 07/15/2019

Last Buyer's Agent

Weidong Mao

New Oriental Homes, LLC License #370498

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 5,663 Sq Ft Lot
  • Property fronts a private road
  • Landscaped
  • Sloped Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level

Home Design

  • Craftsman Architecture
  • Cottage
  • Bungalow
  • Ridge Vents on the Roof
  • Composition Roof

Interior Spaces

  • 2,707 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Factory Built Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Loft

Kitchen

  • Open to Family Room
  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Attic

  • Pull Down Stairs to Attic
  • Permanent Attic Stairs

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC

Outdoor Features

  • Deck

Schools

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

Utilities

  • Air Source Heat Pump
  • Underground Utilities
  • 110 Volts
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 53A
  • Assessor Parcel Number R7138 503

Community Details

Overview

  • $600 Initiation Fee
  • Morgan Chase Subdivision

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, Cottage, Craftsman
  • Property Condition: Under Construction
  • Year Built: 2019
  • Levels Stories: Two
  • Special Features: NewHome

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Oven, Electric Water Heater, Microwave
  • Interior Amenities: Disappearing Attic Stairs, Entrance Foyer, High Ceilings 9 ft Main, Permanent Attic Stairs, Walk-In Closet(s)
  • Kitchen Features: Kitchen Island, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Loft
  • Square Footage: 2707.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Roof Type: Composition, Ridge Vents
  • Patio And Porch Features: Deck

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Garage, Kitchen Level

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Underground Utilities
  • Electric: 110 Volts

Condo/Co-op/Association

  • Community Features: Homeowners Assoc, Playground, Pool, Sidewalks, Street Lights
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Morgan Chase

Lot Info

  • Acres: 0.1300
  • Lot: 53A
  • Lot Features: Landscaped, Sloped
  • Lot Dimensions: X
  • Parcel Number: R7138 503
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: HVAC, Windows
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 600

Tax Info

  • Taxes: 500.00
  • Tax Year: 2019

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 15, 2019
Closed on
Nov 6, 2019
Sold by
Meritage Homes Of Georgia Inc
Bought by
Chen
Seller's Agent
Adam Corder
Meritage Homes Of Georgia Realty, LLC
Buyer's Agent
Weidong Mao
New Oriental Homes, LLC
List Price
$287,135
Sold Price
$287,135
Current Estimated Value
$435,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,305
Avg. Annual Appreciation
7.21%
Original Mortgage
$172,000
Outstanding Balance
$151,440
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$284,000
Source: Public Records

Range of Values:

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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
Chen $287,135 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2019 11/06/19 Sold $287,135 0.0% $106 / Sq Ft
08/26/2019 08/26/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $287,135 -- $106 / 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 $5,950 $158,400 $32,000 $126,400
2023 $5,950 $153,080 $32,000 $121,080
2022 $0 $140,720 $28,000 $112,720
2021 $3,991 $102,800 $22,000 $80,800
2020 $3,981 $102,800 $22,000 $80,800
2019 $935 $19,800 $19,800 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Adam Corder

    Meritage Homes Of Georgia Realty, LLC

    (678) 256-0755

    117 in this area

    1,613 Total Sales

    Adam Corder
    Section Image
  • Weidong Mao

    Buyer's Agent in 2019

    Weidong Mao

    New Oriental Homes, LLC

    (770) 268-0898

    1 in this area

    15 Total Sales

    Weidong Mao
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6585959

First Multiple Listing Service (FMLS)

APN: 7-138-503

Georgia Gwinnett County Buford 30019

2968 Morgan Spring Trail, Buford, GA

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