NOT LISTED FOR SALE

2979 Morgan Spring Trail Buford, GA 30519

Estimated Value: $415,884 - $433,000

3 Beds
2.5 Baths
1,998 Sq Ft
$213/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $265,000 $133 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,778/month

Highlights

  • Craftsman Architecture
  • Loft
  • Formal Dining Room
  • Puckett's Mill Elementary School Rated A
  • Community Pool
  • Open to Family Room

About This Home

As of July 2019

Brand NEW energy-efficient home ready July 2019! The Cobalt's charming porch gives way to a grand foyer and open-concept main floor. A large kitchen island and optional 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: 04/30/2019

Last Buyer's Agent

Joyce Lin

Great Brokers Realty, LLC. License #360015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 4,356 Sq Ft Lot
  • Property fronts a private road
  • Level 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

  • 1,998 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the lower level
  • Ceiling Fan
  • Factory Built Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Loft
  • Carpet
  • Permanent Attic Stairs

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC

Outdoor Features

  • Front Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Air Source Heat Pump
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 63A
  • Assessor Parcel Number R7138 513

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
  • Fireplace Features: Factory Built, Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Microwave
  • Interior Amenities: Entrance Foyer, High Ceilings 9 ft Lower, Permanent Attic Stairs, Walk-In Closet(s)
  • Kitchen Features: Kitchen Island, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Loft
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1998.00
  • 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

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump, Zoned
  • Heating: Heat Pump, Zoned
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available
  • Electric: Other

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: 0.1000
  • Lot: 63A
  • Lot Features: Level
  • Lot Dimensions: X
  • Parcel Number: R7138 513
  • 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

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • 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
Apr 30, 2019
Closed on
Jul 31, 2019
Sold by
Meritage Homes Of Georgia Inc
Bought by
Lin Chunhui
Seller's Agent
Adam Corder
Meritage Homes Of Georgia Realty, LLC
Buyer's Agent
Joyce Lin
Great Brokers Realty, LLC.
List Price
$281,490
Sold Price
$265,000
Premium/Discount to List
-$16,490
-5.86%
Current Estimated Value
$426,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,471
Avg. Annual Appreciation
7.91%
Original Mortgage
$212,000
Outstanding Balance
$185,673
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$240,798
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lin Chunhui $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Chunhui $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $265,000 -5.9% $133 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $281,490 -- $141 / 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 $5,957 $158,560 $32,000 $126,560
2023 $5,957 $152,960 $32,000 $120,960
2022 $5,276 $140,600 $28,000 $112,600
2021 $3,989 $102,720 $22,000 $80,720
2020 $3,975 $102,720 $22,000 $80,720
2019 $932 $19,800 $19,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6544818

First Multiple Listing Service (FMLS)

APN: 7-138-513