NOT LISTED FOR SALE

2990 Buford Hwy Buford, GA 30518

Estimated Value: $276,197

1.19 Acres
$232,098 Price per Acre
51,836 Sq Ft Lot

Last Sold September 14, 2017

Last sale price $150,000

Est. 84% increase in value since last sale

Current estimated payment $1,731/month

75 Days on Market

Highlights

  • 1.19 Acre Lot
  • Brush Vegetation
  • Lot Has A Rolling Slope
  • Harmony Elementary School Rated A-

About This Lot

As of September 2017

This attractive parcel of land is ripe for development. Located directly on Buford Highway, which is currently being widened to four-lane. Situated in Rest Haven, adjoins Buford city limits & may be a candidate for annexation. Permitting & other administrative issues are handled by City of Buford. The high visibility on a major traffic corridor makes this a great opportunity.
• 318 ft. road frontage on US Highway
• Growth corridor
• Good topo
• Highway visibility
• Solid traffic count
• Strong demographics
• Broad commercial zoning

Last Agent to Sell the Property

Scott LeCraw

NOT A VALID MEMBER License #DUP Listed on: 04/28/2017

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Property Details

Property Type

  • Land

Year Built

  • Built in 1970

Lot Details

  • 1.19 Acre Lot
  • Lot Dimensions are 320x180
  • Property fronts a highway
  • Brush Vegetation
  • Lot Has A Rolling Slope
  • Cleared Lot

Schools

  • Buford Elementary And Middle School
  • Buford High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R7297 016

Property Details

Property Type

Land

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Current Classification: Commercial
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Lot Info

  • Acres: 1.1900
  • Possible Use: Commercial, Industrial, Office
  • Current Zoning: ?
  • Current Use: Vacant
  • Lot Features: Rolling Slope
  • Lot Dimensions: 320x180
  • Parcel Number: R7297 016
  • Price Acre Dollar: 126050.00
  • Property Attached Yn: No

Tax Info

  • Taxes: 5531.00
  • Tax Year: 2016

MLS Schools

  • Elementary School: Buford
  • High School: Buford
  • Middle School: Buford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2017
Closed on
Sep 15, 2017
Sold by
Wells Lenora M
Bought by
Hs & A Property Llc
Seller's Agent
Scott LeCraw
NOT A VALID MEMBER
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$229,000
Sold Price
$150,000
Premium/Discount to List
-$79,000
-34.5%
Current Estimated Value
$276,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,197

Purchase Details

Closed on
May 17, 2007
Sold by
Wells Lou E V
Bought by
Wells Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,619,554
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 2007
Sold by
Springfield Hospitality Llc
Bought by
Storesmart Of Buford Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,619,554
Interest Rate
6.15%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hs & A Property Llc $150,000 --
Wells Michael R -- --
Storesmart Of Buford Llc $1,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Storesmart Of Buford Llc $6,619,554
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2017 09/14/17 Sold $150,000 -34.5% --
07/12/2017 07/12/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $229,000 -- --
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
2025 $26,720 $774,480 $177,560 $596,920
2024 $12,288 $352,080 $177,560 $174,520
2023 $12,288 $576,280 $177,560 $398,720
2022 $4,528 $126,840 $105,760 $21,080
2021 $4,528 $126,840 $105,760 $21,080
2020 $5,033 $180,200 $132,200 $48,000
2019 $4,206 $180,200 $132,200 $48,000
2018 $2,083 $60,000 $12,000 $48,000
2016 $5,531 $159,560 $117,440 $42,120
2015 $5,604 $159,560 $117,440 $42,120
2014 $5,654 $160,000 $120,000 $40,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Scott LeCraw

    NOT A VALID MEMBER

    Section Image

  • N

    Buyer's Agent in 2017

    NON-MLS NMLS

    Non FMLS Member

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5845983

First Multiple Listing Service (FMLS)

APN: 7-297-016

Georgia Gwinnett County Buford 30518

2990 Buford Hwy, Buford, GA

Not Listed for Sale

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